Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
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The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The Supreme Court began a new term on Monday, with presidential powers looming large on the docket. CBS News chief legal correspondent Jan Crawford joins to preview the key cases the justices will hear.
The Supreme Court has added another blockbuster case to its new term of cases. The court announced it would hear whether President Trump can legally fire Federal Reserve Governor Lisa Cook. Jessica Levinson has more.
The U.S. government has just hours before it runs out of funding and shuts down. While down-to-the-wire government funding negotiations are not unusual, an actual shutdown is less common. CBS News explores the history, Kelly O'Grady has the economic impact and Kris Van Cleave reports on the travel implications.
In a recent survey of U.S. chief executives, 80% said in pressuring the Fed to cut rates, President Trump is not acting in America's long-term interest. "CBS Evening News" co-anchor John Dickerson explains.
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
The Trump administration has asked the Supreme Court to allow the president to fire Lisa Cook from the Federal Reserve Board of Governors. CBS News' Kelly O'Grady reports.
The Federal Reserve's latest decision to implement a cut to its benchmark interest rate comes after lagging job growth. Allie Kelly, a reporter for Business Insider, joins CBS News with more on the impact on America's economy.
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday. It's the first rate cut this year. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what it means and what to expect next.
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The Federal Reserve announced it's lowering its benchmark interest rate by 0.25 percentage points. It's the first rate cut since December. CBS News' Kelly O'Grady
The Federal Reserve announced that it lowered interest rates by 0.25 percentage points, its first rate cut since December 2024. CBS News MoneyWatch correspondent Kelly O'Grady and White House correspondent Ed O'Keefe have more.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the Federal Reserve's upcoming decision Wednesday on interest rates. The Fed is expected to cut rates for the first time this year. The decision impacts everything from credit cards to savings rates.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
The Federal Reserve is expected to lower interest rates, and decisions that shape household budgets will be explained in woolly-mouthed Fed speak. "CBS Evening News" co-anchor John Dickerson explains.
The Federal Reserve's upcoming rate decision is shaping up to be its most consequential of the year, with most economists predicting the first cut of 2025. Kelly O'Grady has more.
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.
Lisa Cook sued the Trump administration to block her firing, the first time a president has sought to remove a member of the seven-person board of governors.
CBS News business analyst Jill Schlesinger joined "Face the Nation with Margaret Brennan" to preview the Federal Reserve's September meeting amid the Trump administration's push for the agency to lower interest rates.
President Trump's position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S.' foremost conservative economists, says in his first term, Mr. Trump did some "astounding" things for the economy. Holtz-Eakin joins "The Takeout" to discuss why his views on the president's second-term economic policies have turned negative.
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.
Trade, Taiwan and tensions with Iran are surefire topics for President Trump's meeting with Chinese leader Xi Jinping.
A deal is taking shape for the U.S. and Ukraine to jointly develop and build weapons that have been at the forefront of the wars in both Ukraine and Iran.
Iran warns any new U.S. attacks will bring a "bad result," as President Trump acknowledges the ceasefire is faltering and violence flares in Lebanon.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense spending.
The effort potentially shielded Iranian aircraft from American airstrikes, according to U.S. officials with knowledge of the matter.
A strand of DNA. An eerie doorbell video. The investigation into Nancy Guthrie's disappearance reaches 100th day with no sign of a breakthrough.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
Voters are going to the polls in Nebraska and West Virginia on Tuesday, with Democrats vying for the chance to run in an open seat in Nebraska that the party has long been eyeing.
Jay Bhattacharya, the acting director of the Centers for Disease Control and Prevention, told CBS News that the hantavirus outbreak should be treated differently from COVID.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
A strand of DNA. An eerie doorbell video. The investigation into Nancy Guthrie's disappearance reaches 100th day with no sign of a breakthrough.
The body of a seventh person was located Monday nearly 150 miles north of a Union Pacific rail yard in Laredo, where six bodies were discovered on Sunday afternoon.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense spending.
Voters are going to the polls in Nebraska and West Virginia on Tuesday, with Democrats vying for the chance to run in an open seat in Nebraska that the party has long been eyeing.
Trade, Taiwan and tensions with Iran are surefire topics for President Trump's meeting with Chinese leader Xi Jinping.
The Supreme Court set aside lower court decisions that had blocked the state from using a congressional map drawn by Republicans in 2023 that contained one majority-Black district.
Virginia Democrats asked the Supreme Court to restore its congressional map that aimed to give Democrats an edge in the midterms, days after it was blocked by the state's highest court.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
The 18 Americans who were aboard a hantavirus-stricken cruise ship have returned to the U.S. and are now in quarantine. One remains in the biocontainment unit at the University of Nebraska Medical Center after testing positive. Ian Lee has more.
Dr. Jay Bhattacharya, director of the National Institutes of Health and acting director of the Centers for Disease Control and Prevention, spoke with "CBS Evening News" anchor Tony Dokoupil about what risks hantavirus poses to the U.S. public.
Jay Bhattacharya, the acting director of the Centers for Disease Control and Prevention, told CBS News that the hantavirus outbreak should be treated differently from COVID.
Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense spending.
Iran warns any new U.S. attacks will bring a "bad result," as President Trump acknowledges the ceasefire is faltering and violence flares in Lebanon.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
A deal is taking shape for the U.S. and Ukraine to jointly develop and build weapons that have been at the forefront of the wars in both Ukraine and Iran.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
Pop singer accuses electronics manufacturer Samsung of using a copyrighted image of her face to sell TVs.
Annette Bening talks about starring in the "Yellowstone" spinoff "Dutton Ranch," why she wanted to play her character and learning to ride a horse for the role.
Inspired by a true story, Netflix's "The Rip," starring Ben Affleck and Matt Damon, follows two Miami-Dade police officers as they discover more than $20 million of cartel cash during a drug raid and reveals corruption within the department. But now the real-life officers involved in the raid are suing Damon and Affleck through their production company. Carter Evans reports.
Hosted by Jane Pauley. Featured: The Supreme Court ushers in a new era of gerrymandering; the legacy of CBS News Radio; motherless daughters; comedian Martin Short; rebuilding L.A.; remembering Ted Turner; and Martha Stewart prepares a Mother's Day breakfast.
When you learn what Martin Short has endured in his private life, as captured in the hilarious and heartbreaking documentary "Marty: Life Is Short," the comedian's irrepressibly sunny attitude is all the more astonishing.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
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.
A system that thousands of schools and universities use was offline due to a cyberattack.
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A strand of DNA. An eerie doorbell video. The investigation into Nancy Guthrie's disappearance reaches 100th day with no sign of a breakthrough.
Years after USA Gymnastics was rocked by the scandal of Larry Nassar, the disgraced doctor who pleaded guilty to molesting multiple young gymnasts, a gymnast alleges another coach abused her as a child because warnings went unheeded. CBS News chief investigative correspondent Jim Axelrod has the details.
Kirk Moore, an Oklahoma high school principal, took a bullet tackling a gunman in his school's lobby. He told CBS News what he did was "just instinct" and said he didn't even realize he'd been shot at first. Matt Gutman has more.
The man accused of starting last year's catastrophic Palisades Fire in Los Angeles appeared in court Monday. Prosecutors said the suspect admired Luigi Mangione, who is accused of murdering UnitedHealthcare CEO Brian Thompson. CBS News' Carter Evans has more.
The lawyers for the man accused of attacking the White House Correspondents' Dinner are seeking to disqualify top prosecutor Jeanine Pirro, acting Attorney General Todd Blanche and other U.S. attorneys in the Washington, D.C. office from the case. CBS News' Jake Rosen has more.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump told CBS News exclusively on Monday that he wants to suspend the federal gas tax to give Americans some relief at the pump as the war with Iran continues. CBS News senior White House and political correspondent Ed O'Keefe has more.
The 18 Americans who were aboard a hantavirus-stricken cruise ship have returned to the U.S. and are now in quarantine. One remains in the biocontainment unit at the University of Nebraska Medical Center after testing positive. Ian Lee has more.
Years after USA Gymnastics was rocked by the scandal of Larry Nassar, the disgraced doctor who pleaded guilty to molesting multiple young gymnasts, a gymnast alleges another coach abused her as a child because warnings went unheeded. CBS News chief investigative correspondent Jim Axelrod has the details.
The Supreme Court on Monday lifted a mandate in Alabama requiring the state to use a congressional map with two majority-Black districts. Wall Street Journal columnist Jason Riley joins to discuss his opposition to "racial gerrymandering."
Kirk Moore, an Oklahoma high school principal, took a bullet tackling a gunman in his school's lobby. He told CBS News what he did was "just instinct" and said he didn't even realize he'd been shot at first. Matt Gutman has more.