Fed announces another interest rate cut
The Federal Reserve announced Wednesday that it will lower its benchmark interest rate by 0.25 percentage points in its second straight cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Federal Reserve
Fed expected to cut interest rates
The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.
Here's what to expect from the Fed's interest rate meeting today
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Federal Reserve likely to cut interest rates
The Federal Reserve is expected to announce an interest rate cut decision during its meeting on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Inflation moving away from Fed's target
A key inflation report compiled before the start of the government shutdown showed that prices continued to climb last month as consumer confidence fell. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
Fed Chair Jerome Powell says a hiring slowdown poses U.S. economic risks
Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year.
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.
Major cases of the new Supreme Court term
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Supreme Court to weigh firing of Lisa Cook
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.
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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.
Reporter's Notebook: Protecting Fed's independence
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.
Here are the 3 biggest ways the Fed's rate cut could impact your money
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
Trump asks Supreme Court to allow Cook firing
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.
How the interest rate impacts Americans
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.
How the Fed's rate cut will impact you
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.
How significant is the Fed's latest rate cut?
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.
Fed signals two more rate cuts in 2025
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.
Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Fed cuts rates for first time in 9 months
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
Fed cuts interest rates 0.25 percentage points
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.
Will the Fed cut its benchmark interest rate?
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.
Will the Fed cut rates today? These charts may determine its decision.
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.
Reporter's Notebook: Behind the Fed's jargon
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.
Why the Fed is expected to cut rates
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.
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Iran launches attacks on Jordan and Bahrain as hostilities flare
U.S. forces launched new strikes Tuesday on targets connected to Iran's Revolutionary Guard, marking another round of attacks this week as the U.S. and Iran return to hostilities.
Edouard weakens to depression as heavy rain hits southeastern Texas
Edouard weakened to a tropical depression Tuesday night as wind and heavy rainfall continued to sweep southeastern Texas, the National Hurricane Center said.
House votes to condemn socialism, with 8 Democrats joining Republicans
GOP leaders scheduled the vote after Democratic primary voters embraced a number of democratic socialist candidates.
Markey defeats Moulton in Massachusetts' Democratic primary for Senate
Incumbent Sen. Ed Markey has won the Democratic nomination for U.S. Senate in Massachusetts.
Here are the military officials who've been fired or resigned under Hegseth
At least 20 generals, admirals and civilian defense leaders have been fired or have departed their jobs since Pete Hegseth became defense secretary at the beginning of the second Trump administration.
Charlie Kirk's alleged killer will stand trial for aggravated murder, judge rules
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House censures Rep. Chuck Edwards over "inappropriate conduct" toward aides
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How long could the Lindsay Clancy jury remain deadlocked?
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Defense attorney believes jury had "preconceived notions" in Tupac trial
Duane "Keffe D" Davis was convicted of first-degree murder nearly 30 years after the drive-by shooting that killed Tupac Shakur.
Tiger Woods to change not guilty plea in Florida DUI case, court records show
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Charlie Kirk's alleged killer will stand trial for aggravated murder
Judge Tony Graf said prosecutors have enough evidence against Tyler Robinson to put the 23-year-old on trial on a charge that could see him face the death penalty.
How long could the Lindsay Clancy jury remain deadlocked?
Karen Read's first trial ended with a hung jury. Here's a look at how those deliberations played out as the Lindsay Clancy jury says it is deadlocked.
House censures Rep. Chuck Edwards over "inappropriate conduct" toward aides
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Trump says Venezuelan oil could replenish depleted U.S. stockpiles. Will it?
President Trump framed last week's deal for the U.S. government to take a stake in Venezuelan oil as a boon for the depleted Strategic Petroleum Reserve. But the plan faces some hurdles, experts say.
Rising bond yields threaten to push up U.S. borrowing costs
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Modest pay hikes next year could leave some workers lagging inflation
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Ford recalls nearly 149,000 Mustang vehicles over potential power issue
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IRS audit revenue plunged following workforce reductions, watchdog finds
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Politics
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Here are the military officials who've been fired or resigned under Hegseth
At least 20 generals, admirals and civilian defense leaders have been fired or have departed their jobs since Pete Hegseth became defense secretary at the beginning of the second Trump administration.
House censures Rep. Chuck Edwards over "inappropriate conduct" toward aides
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House votes to condemn socialism, with 8 Democrats joining Republicans
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Trump says Venezuelan oil could replenish depleted U.S. stockpiles. Will it?
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Congress passes funding bill to avoid shutdown before midterms
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The market forces quietly adding thousands to patient bills
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Trump inks deal with 9 pharmaceutical companies to lower drug costs
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Man with sinus infection symptoms diagnosed with heart condition
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Juul can sell updated e-cigarette with age-verification system, FDA says
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2 airport workers die of malaria from mosquito on plane in Germany
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Spain's leader says Russia and Israel fueled immigration "disinformation"
Spain's Prime Minister Pedro Sánchez says "networks linked both to Russia and to Israel" helped spread rumors about immigration "to attack Europe and divide it."
U.K. man accused of drugging, abusing wife with other men goes on trial
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American among thousands missing in Nepal contacted, officials say
Nepali officials tell CBS News they have contacted a U.S. national among the more than 4,000 people still missing in the wake of the deadly flash floods.
U.S.-Venezuela oil deal will rely on North American Blue Energy Partners
The Trump administration's plan to take a stake in tens of billions of barrels of Venezuelan oil reserves will hinge on a private company called North American Blue Energy Partners, the White House announced Monday.
Lionel Messi says he is retiring from the Argentina national soccer team
Lionel Messi played in six World Cups and led Argentina to win the tournament in 2022 in Qatar.
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Entertainment
Danielle Brooks on "If I Go Will They Miss Me"
Danielle Brooks sits down with "CBS Mornings" to talk about her new movie, "If I Go Will They Miss Me," and how being a mother and wife helped her in portraying the role.
Lionel Richie hospitalized after weekend show
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John Galliano's Met Gala exhibit canceled
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Jury finds Davis guilty in 1996 murder of Tupac
A Las Vegas jury on Monday found Duane "Keffe D" Davis guilty in the 1996 murder of Tupac Shakur. CBS News legal reporter Katrina Kaufman has more.
Closing arguments in Tupac Shakur murder trial
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Technology
What to expect from John Ternus as Apple CEO
John Ternus officially took over for Tim Cook as Apple CEO on Tuesday, becoming the tech giant's first new leader in 15 years. CBS News' Jo Ling Kent reports and CBS News contributor Patrick McGee breaks down what to expect.
John Ternus is Apple's new CEO
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How AI powered robots are helping small farms
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Apple's new CEO takes over
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Vote on the fattest marmot now
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NASA plans to launch new space telescope
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Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
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A summer of extremes: Weathering a hotter world
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A summer of extremes: Weathering a hotter world
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Crime
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Defense attorney believes jury had "preconceived notions" in Tupac trial
Duane "Keffe D" Davis was convicted of first-degree murder nearly 30 years after the drive-by shooting that killed Tupac Shakur.
Robinson to stand trial in Kirk killing
A judge ruled Tuesday that accused Charlie Kirk shooter Tyler Robinson will stand trial in the killing of the late conservative activist, where he could face the death penalty.
Charlie Kirk's alleged killer will stand trial for aggravated murder
Judge Tony Graf said prosecutors have enough evidence against Tyler Robinson to put the 23-year-old on trial on a charge that could see him face the death penalty.
Duane Davis' attorney on his conviction
Michael Sanft, Duane "Keefe D" Davis' defense attorney, joins "The Daily Report" to discuss his client's conviction for the 1996 murder of Tupac Shakur and shares his concerns about the jury's "preconceived notions."
Officer charged in fatal student shooting
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Space
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NASA launches its Roman Space Telescope to explore the hidden universe
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Trump to honor Artemis II crew with nation's top space medal
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Robinson to stand trial in Kirk killing
A judge ruled Tuesday that accused Charlie Kirk shooter Tyler Robinson will stand trial in the killing of the late conservative activist, where he could face the death penalty.
What to expect from John Ternus as Apple CEO
John Ternus officially took over for Tim Cook as Apple CEO on Tuesday, becoming the tech giant's first new leader in 15 years. CBS News' Jo Ling Kent reports and CBS News contributor Patrick McGee breaks down what to expect.
Duane Davis' attorney on his conviction
Michael Sanft, Duane "Keefe D" Davis' defense attorney, joins "The Daily Report" to discuss his client's conviction for the 1996 murder of Tupac Shakur and shares his concerns about the jury's "preconceived notions."
Marine veteran on Trump's Iran strategy
CBS News contributor Elliot Ackerman, a Marine Corps veteran, breaks down President Trump's military strategy as the U.S. launches new strikes over Iran's alleged interference with the passage of ships in the Strait of Hormuz.
House censures Chuck Edwards after Ethics probe
The House on Tuesday voted to censure Republican Rep. Chuck Edwards of North Carolina over "inappropriate conduct" toward aides. Edwards denies the allegations.