What to expect when the Fed announces next interest rate move this week
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
Federal Reserve
Trump calls Hassett "potential Fed chair"
President Trump on Tuesday called Kevin Hassett, director of the National Economic Council, a "potential Fed chair." Hassett joins "The Takeout" with his reaction to the moment and to discuss the state of the economy.
Here's what experts say is behind bitcoin's $800 billion drop
Bitcoin has erased all of its 2025 gains and is on track for its worst monthly performance since 2022. Here's what experts say about the decline.
Is the Federal Reserve likely to cut interest rates in December?
The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs.
Nvidia's Q3 earnings higher than expected
Nvidia's latest earnings report came in Wednesday, and its results were higher than Wall Street expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
Government shutdown may impact Fed decision
The government shutdown impacted key economic data reports that the Federal Reserve uses to determine a potential interest rate cut. CBS MoneyWatch correspondent Kelly O'Grady reports.
Impacts of the Fed interest rate cut
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what that means for consumers.
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Fed cuts rates by 0.25 percentage points amid a weaker labor market
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
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.
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
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.
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.
History and impact of government shutdowns
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.
Trump responds to "traitor" Marjorie Taylor Greene after "60 Minutes" interview
President Trump said Georgia Republican Rep. Marjorie Taylor Greene is "not AMERICA FIRST or MAGA" and also attacked "60 Minutes" and Paramount in a social media post.
Trump walks back support for releasing video of second boat strike
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Alina Habba resigns from U.S. attorney's office after court ruling
Alina Habba served as a personal lawyer to President Trump before she was tapped to temporarily serve as U.S. attorney in New Jersey.
Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Defense bill would limit Pentagon travel funds until boat strike footage released
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Fired FBI agents file lawsuit against Patel, Bondi, FBI and DOJ
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
White House announces $12 billion aid package for U.S. farmers
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Paramount Skydance makes $108.4 billion bid for Warner Bros. Discovery
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy Warner Bros. in a deal valued at $82.7 billion.
Golden Globe nominations announced for 2026. See the list.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
U.S.
More U.S.
Millions have reported domestic violence. Experts say we need to talk about it more.
According to the FBI, domestic homicides more than doubled between 2019 and 2024, increasing from 1,065 to 2,339. The latest data has experts worried.
Passenger who died on cruise ship was served 33 drinks, lawsuit claims
Royal Caribbean crew members "negligently" over-served 35-year-old Michael Virgil "in a matter of hours" while he exhibited obvious signs of intoxication, the lawsuit alleges.
Trump walks back support for releasing video of second boat strike
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
More than 75% of homes across the U.S. are unaffordable, study finds
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
Fired FBI agents file lawsuit against Patel, Bondi, FBI and DOJ
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
MoneyWatch
More MoneyWatch
Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
More than 75% of homes across the U.S. are unaffordable, study finds
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
What to expect when the Fed announces next interest rate move this week
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
Trump announces $12 billion aid package for U.S. farmers
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Nuts sold at Wegmans stores in 9 states recalled over salmonella risk
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
Politics
More Politics
Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Trump walks back support for releasing video of second boat strike
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Lawmaker asks what happened to probe into for-profit dialysis industry
Two companies dominate U.S. dialysis services, and a CBS News review of federal data found one-third of dialysis clinics failed to meet federal standards this year.
Defense bill would limit Pentagon travel funds until boat strike footage released
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Fired FBI agents file lawsuit against Patel, Bondi, FBI and DOJ
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
HealthWatch
More HealthWatch
Nuts sold at Wegmans stores in 9 states recalled over salmonella risk
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
Details on CDC Hepatitis B vaccine decision
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
Controversial appointee rocks FDA like "an atom bomb," scientists there say
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
California warns against foraging mushrooms after cluster of poisonings, 1 death
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Artist who fought for diagnosis turns incurable cancer journey into art
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
World
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Trump says he's letting Nvidia sell advanced chips to China
President Trump said the U.S. will take a 25% cut of sales of advanced Nvidia chips to China.
Defense bill would limit Pentagon travel funds until boat strike footage released
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
8 Matisse artworks stolen from library in São Paulo, Brazilian officials say
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
Wreck of 2,000-year-old pleasure boat discovered off Egypt's coast
Underwater archaeologists announced they had discovered the ancient wreck of an ancient Egyptian pleasure boat off the coast of Alexandria.
4 dead, 1 missing after wave drags swimmers out to sea at Spain tourist spot
A powerful wave dragged a group of swimmers at a popular seawater pool along the coast of the Spanish island of Tenerife. At least four people have died and one is missing.
Entertainment
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Paramount Skydance makes $108.4 billion bid for Warner Bros. Discovery
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
Golden Globe nominations announced for 2026. See the full list.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
Golden Globe nominees announced
"CBS Mornings" reveals the nominees for some of the Golden Globe Awards' biggest categories. Plus, Fandango managing editor Erik Davis breaks down the nominations.
Trump hosts Kennedy Center Honors, a first for a president
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Book excerpt: "The Colonel and the King" by Peter Guralnick
Elvis Presley biographer Peter Guralnick's latest book traces the relationship between the King and Colonel Tom Parker, a manager whose marketing savvy helped launch a rock 'n' roll revolution.
Technology
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Technology
At least 6 families sue Character.AI
At least six American families are suing Character.AI, its co-founders and Google over the role its chatbot allegedly played in encouraging their children to take their own lives. Ian Krietzberg, AI correspondent for Puck News, joined CBS News to discuss.
Waymo fallout amid school bus safety issues
Waymo, the ride-hailing service, says it is planning a voluntary software recall to fix a glitch after reports its self-driving cars don't stop for school buses. The company has already tried to fix the issue, but police in Texas said it didn't work. Kris Van Cleave reports.
How AI powered robots are helping small farms
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.
2025 holiday gift ideas from Techno Claus
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
There's a new face in Hollywood, generated by AI
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
Science
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"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Most dogs have wolf DNA. These breeds have more than others.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Crime
More Crime
Millions have reported domestic violence. Experts say we need to talk about it more.
According to the FBI, domestic homicides more than doubled between 2019 and 2024, increasing from 1,065 to 2,339. The latest data has experts worried.
Luigi Mangione in court for pretrial hearing
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson in December 2024, returned to court Monday for a pretrial hearing. CBS News legal contributor Caroline Polisi joins with analysis.
New evidence revealed in Mangione hearing
Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court Monday as his defense attorneys try to have certain evidence withheld from his upcoming state trial. CBS News legal reporter Katrina Kaufman has more.
8 Matisse artworks stolen from library in São Paulo, Brazilian officials say
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
Drawing attention to domestic violence
It's one of the most common violent crimes in America, but many experts say we don't talk about it enough. Domestic violence is behind the majority of shootings where women are injured or killed. The head of our CBS News Crime and Public Safety Unit, Anna Schecter, takes a closer look at the issue.
Space
More Space
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Air Force approves SpaceX launch pad expansion
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Geomagnetic storm watch issued after powerful solar flare
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Scientists think they've detected lightning on Mars: "Missing piece of the puzzle"
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
Russia sends a NASA astronaut, 2 cosmonauts, up to the space station
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Trump lets Nvidia sell some AI chips to China
President Trump announced Monday he will allow Nvidia to sell its advanced H200 computer chips to "approved customers" in China, but Mr. Trump said the deal does not include Nvidia's more advanced Blackwell system or its soon-to-be-released Rubin system.
Altadena brings Christmas Tree Lane back to life
Altadena's beloved Christmas Tree Lane is shining again nearly a year after a deadly wildfire tore through the area. Carter Evans has the story.
Seniors face retirement facility's closure
Residents paid steep entrance fees to live in a continuing care retirement community, believing their families could one day recoup much of the money. Kelly O'Grady reports on the impact after the facility went bankrupt.
Rep. Jasmine Crockett launches Senate bid
Democratic Rep. Jasmine Crockett of Texas launched a bid for U.S. Senate on Monday. CBS News reporter Shawna Mizelle has the details.
Waymo robotaxis seen not stopping for school buses
The self-driving taxi company Waymo is being investigated by federal safety regulators over a persistent problem: failing to stop for school buses. Kris Van Cleave reports.