Janet Yellen: Delaying interest rate hikes "unwise"
Central bankers won't wait too long to boost rates, but March may come to soon for Federal Reserve
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Central bankers won't wait too long to boost rates, but March may come to soon for Federal Reserve
When the Fed chair goes to Congress this week, how she tackles questions about policies that remain uncertain will be key
President Trump calls the law that reformed Wall Street "a disaster," even as bank profits and lending climb to new heights
As expected, the Fed puts off a rate boost while it eyes the Trump administration's plans on taxes, infrastructure and trade
Historically, unemployment below 5 percent has little room to fall further, but conditions may be different these days
His hard-edged positions on free trade, job offshoring and the tax code will change America, for good or for ill
An inexhaustible bull market has defied all expectations -- that makes it all the more difficult to see what's next
If interest rate hikes spark a stock market sell-off, it will be hard for the already anti-Fed president to ignore
Federal Reserve chief, in speech, lays out path to boost interest rates to goal of 3.0% by 2019 amid signs of wage growth
Here are several reasons for investors preferring to see the economic glass half-full
Yellen & Co. suddenly seem skittish about overshooting their 2 percent inflation target, perhaps needlessly
Amid low unemployment and Trump's spending ambitions, the Fed's plan for gradual increases could accelerate
After hacking setback in 2013, its appeal rebounds as way to avoid currency crackdowns in China and India
The outcome rests on several variables, including the Fed's actions and how Team Trump actually governs
With Fed rate hikes casting a pall over bonds, it's time to review -- and if necessary, rebalance -- your portfolio
Some dividend-paying companies are losing investor favor since the presidential election and the Fed's interest-rate hike
As interest rates rise, it’s time think about how to make the most from your cash in the coming year
Even a small increase in the federal funds rate can add up to big bucks on everything from credit cards to mortgages
With another year in Janet Yellen's term as Federal Reserve chair, she pushes back against incoming president's economic plans
The 0.2 percent rise is the least in three months, keeping inflation subdued and still below the Fed’s 2 percent target
The 0.25 percentage point increase -- only the second hike in 11 years -- comes as Trump plans fiscal stimulus to boost growth
Shares ticked higher in Asia, lower in Europe and Wall Street futures are flat as everyone hangs on what the Fed does today
Ex-ball player tweets president-elect advice on the economy, saying he will double Dow index in four years as Federal Reserve chair
Rising oil prices and a fairly strong increase in China’s industrial output have investors on the positive side
The historic post-election stock rally is at risk as the central bank looks set to raise interest rates by a quarter-point
Israel is being condemned by Lebanese leaders for a strike in the south that killed at least nine people, including children, according to the health ministry.
Tropical Storm Lala could bring heavy rain, high winds and dangerous surf and rip currents to the Hawaiian Islands as a hurricane this weekend, forecasters say.
Indonesian authorities issued, then lifted, a tsunami warning after the powerful earthquake hit Saturday morning.
Luigi Mangione entered a guilty plea in his federal case at a court appearance in Manhattan Friday morning.
Police issued a warning telling "gold prospectors" to stay away from the construction site
The USS George Washington aircraft carrier departed Vietnam last week and is headed to the Middle East to replace the USS Abraham Lincoln, according to a U.S. official.
Jason Arday, who was Cambridge's youngest Black professor, died in London on Friday, the school said.
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
An air traffic controller's quick thinking helped avert a dangerous situation when two jets, one landing in Phoenix and the other simultaneously taking off, shared the same flight number and radio frequency.
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
An air traffic controller's quick thinking helped avert a dangerous situation when two jets, one landing in Phoenix and the other simultaneously taking off, shared the same flight number and radio frequency.
For the last 26 years at Bishop Kelley High School in Tulsa, Oklahoma, the seniors surround the cars of the incoming freshmen and don't let them out until they do one specific thing: give their mothers a goodbye kiss.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
The U.S. has refunded more than $100 billion in illegal tariffs to businesses, and some of that money is going to consumers — here's what to know.
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
Along the Texas-Mexico border, prosecutors say a group of businessmen found a way to monopolize the trade of used cars — a scheme called "the Pool." This week, authorities say they caught one alleged member.
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
The top federal prosecutor in Washington, D.C., said a woman has been arrested and faces two felony charges related to vandalism of the World War II Memorial.
The Trump administration asked the Supreme Court to intervene in the legal battle over President Trump's White House ballroom.
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
The father and his two sons had rented a jet ski from a local operator, but failed to return it at the agreed time.
Police issued a warning telling "gold prospectors" to stay away from the construction site
With magnitudes of 7.7 and 6.4, two earthquakes hit different parts of the vast country of Indonesia in the same day.
Jason Arday, who was Cambridge's youngest Black professor, died in London on Friday, the school said.
The Caroline Bezengi, linked to Russia's so-called shadow fleet, is carrying millions of gallons of oil and has run aground off the coast of Oman.
Natalie Morales speaks to some of the stars behind the new film, "Paw Patrol: The Dino Movie." They explain what they love about the franchise and what they hope the audience takes away from the movie.
"CBS Mornings" co-host Gayle King went inside a rehearsal with singer Becky G as she gives fans a sneak peek at a new single before her upcoming album's release.
Lovina Hershberger Zook, who left the Amish faith, today shares recipes of the Amish with her more than six million followers on social media.
America's #1 Sunday morning news program announces a new collaboration beginning Sept. 28 to bring conversations with the biggest newsmakers in the arts, politics and culture to the stage, and streamed online.
Becky G spoke exclusively with "CBS Mornings" co-host Gayle King about her rise to fame, being the breadwinner of the family at a young age and her new music.
France's social media ban, which was due to take effect on Sept. 1, would have barred younger users from networks such as TikTok, Snapchat and Instagram.
AI is making its way into people's love lives - some say it has helped to improve their conversations while others have used it to end a relationship. Dr. Sue Varma discusses how to use AI properly, set boundaries and identify warning signs of becoming too emotionally dependent.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Flock CEO Garrett Langley sat down with CBS News' Anna Schecter and discussed allegations of the technology's misuse by law enforcement.
As students across the country head back to the classroom, some schools, educators and parents are rethinking how much they utilize technology and screen time. Nicole Valdes has more.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
A major development in the Luigi Mangione case: after previously pleading not guilty to federal stalking charges, Mangione changed his plea to guilty and also admitted to shooting United Healthcare CEO Brian Thompson. CBS News legal analyst Caroline Polisi and CBS News legal reporter Katrina Kaufman examine what changed, why the plea change matters, and what comes next in the state murder case.
Three masterworks lifted off the walls of an Italian museum last March have been recovered, and five accused thieves have been arrested. Jonathan Vigliotti reports.
On Friday, Luigi Mangione pleaded guilty in federal court to stalking and killing UnitedHealthcare CEO Brian Thompson, describing how he tracked down and shot him. Tom Hanson has the story and Caroline Polisi offers her legal analysis.
President Trump is touting the FBI's newest crime numbers which showed a significant drop in violent crime in 2025. CBS News' Anna Schecter reports.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
The Trump administration asked the Supreme Court on Friday to intervene and allow him to construct a new 90,000-square-foot ballroom in place of the demolished White House East Wing. CBS News' Nancy Cordes reports.
A major development in the Luigi Mangione case: after previously pleading not guilty to federal stalking charges, Mangione changed his plea to guilty and also admitted to shooting United Healthcare CEO Brian Thompson. CBS News legal analyst Caroline Polisi and CBS News legal reporter Katrina Kaufman examine what changed, why the plea change matters, and what comes next in the state murder case.
The USS Washington is on its way to replace the USS Lincoln in the United States' fight against Iran in the Middle East following reports of mental health issues and poor conditions on board. CBS News' Samantha Vinograd has more.
Maggie Meza, executive director of the Blue Star Families Southern California chapter, joins CBS News to discuss the toll of having a loved one deployed as concerns continue to rise about conditions on the USS Lincoln.
A new video shows the moment a fighter jet crashed into a mountain in Washington State in June. The pilot survived. Mark Strassmann has the details.