Fed chairs on quantitative easing
Although first skeptical of the financial policy enacted by predecessor Ben Bernanke, Fed Chair Jerome Powell now realizes the risks never came to pass.
Finance
Why have no bank executives been prosecuted?
Steve Kroft discusses his team's five-year-long effort to unravel the financial mess of 2008
AP: CEO pay rose nearly 10% in 2024
In a record-breaking year on the stock market, the CEOs of some of the world's leading companies saw their compensation surge, all while their employees saw more modest gains, according to a new analysis. Paul Harloff, global markets editor for The Associated Press, joins to unpack the findings.
China, U.S. swap trade violation claims
China is pushing back against the U.S. after President Trump accused the country of violating a May 12 trade agreement. CBS News senior business and technology correspondent Jo Ling Kent reports.
CBS News poll: 39% say U.S. economy is good
A new CBS News poll shows that 39% of Americans rate the state of the U.S. economy as "good." Anthony Salvanto, CBS News executive director of elections and surveys, breaks down the findings.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Vance to speak at Las Vegas Bitcoin event
Big names in cryptocurrency and some familiar faces from the White House are gathering in Las Vegas for a three-day Bitcoin conference, where Vice President JD Vance will deliver the keynote address. CBS News correspondent Carter Evans has the details.
Trump pressures Apple to manufacture in U.S.
President Trump warned Apple on Friday that it could face a 25% tariff if it does not start manufacturing iPhones in the U.S. CBS News chief White House correspondent Nancy Cordes reports.
Stocks fall as Trump threatens new tariffs
The Dow Jones closed down on Friday as President Trump's fresh tariff threats lit a fire under the European Union and Apple. Sarah Frier, Bloomberg technology editor, joins with analysis.
Target reports weaker sales
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
U.S. home electric bills could reach new high
Home electricity bills are expected to reach record high levels this summer as Americans try to stay cool, according to a new report from the National Energy Assistance Directors Association. CBS News MoneyWatch reporter Megan Cerullo has more.
Understanding cycle of deficit spending, debt
The U.S. economy is the largest globally, but its debt outweighs that distinction by trillions. Maya MacGuineas, president of the nonpartisan nonprofit Committee for a Responsible Federal Budget, joins "America Decides" to explain why that's a problem, and how increasing that debt with the latest budget proposal could hurt average Americans.
Walmart price hike highlights tariff impact
Walmart's CEO warned Thursday morning that the world's biggest retailer will have to start raising prices later in May due to the high cost of tariffs. CBS News contributor J.D. Durkin joins "America Decides" with analysis from the New York Stock Exchange.
U.S. toymaker on reduced China tariffs
The new U.S.-China tariff agreement went into effect on Wednesday, with some Chinese imports now facing a 30% tariff instead of 145%. Elenor Mak, founder and CEO of Jilly Bing, joins CBS News to discuss how the rollback is affecting her toy company's operations.
What the China trade deal means for businesses
The U.S. and China have agreed to reduce tariffs on each other's imports for 90 days after Trump administration officials held trade talks with their Chinese counterparts in Switzerland over the weekend. CBS News' Kelly O'Grady and Olivia Rinaldi report.
Examining economic consequences of China deal
Stocks surged Monday after the U.S. and China announced an agreement that significantly eases tariffs for 90 days. Idrees Kahloon, Washington bureau chief for The Economist, joins "America Decides" to unpack the deal and its economic consequences.
Trump floats raising taxes on the rich
In a post on social media, President Trump said he'd be open to raising taxes on rich people as part of negotiations over his "big beautiful bill." CBS News' Nikole Killion and Kelly O'Grady have the latest.
Americans fear going broke in retirement more than death, study finds
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
Economist unpacks weakening U.S. dollar
The dollar has been in steep decline as uncertainty about U.S. policymaking persists. Steven Ricchiuto, chief U.S. economist for Mizuho Securities, joins "America Decides" to explain what that means for the economy and what needs to be done to reverse the fall.
Sen. Warren warns Trump against firing Powell
President Trump lashed out at Federal Reserve Chair Jerome Powell in a social media post on Thursday, saying his termination "cannot come fast enough." CBS News' Fin Gómez and Kelly O'Grady report.
Bond market signals tariffs' economic impact
While U.S. stocks ended Friday on a high note following a week of volatile trading tied to President Trump's tariffs, the bond market likely pushed the president to implement a 90-day pause. Bill Cohan, Wall Street author for Puck, joins "America Decides" to explain.
What to know about filing as Tax Day comes up
Tax day is coming up on Tuesday, April 15. USA Today money and finance reporter Medora Lee joins "The Daily Report" with some tips if you don't know where to start.
Markets spike before close after tariff pause
Wall Street surged Wednesday after President Trump announced a 90-day pause on reciprocal tariffs for many countries. CBS News' Maurice DuBois anchors a special report.
Trump speaks after announcing tariff pause
President Trump announced Wednesday he is increasing tariffs on China to 125% while suspending reciprocal tariffs "beyond" 10% on other U.S. trade partners for the next 90 days. Mr. Trump discussed the decision during an event in front of the White House. CBS News' Aaron Navarro, Taurean Small and Kelly O'Grady have more.
What Trump's tariffs mean for stockholders
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
Senate committee votes to hold Fauci in contempt of Congress
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
At least 12 states report cyberattacks on water systems possibly linked to Iran
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Exclusive
Trump voter pleads for fiancée's release after ICE arrest: "They're destroying families"
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
Live
Iran, Oman deal on Strait of Hormuz getting close, Tehran says
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the vital waterway, Iran's state news agency says.
Trump denies U.S. running low on some munitions, says vast resupplies being made
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
Exclusive
Sherrill enters national political fray with first midterm endorsements
New Jersey Gov. Mikie Sherrill is taking her first major step onto the national stage, endorsing 13 Democrats — as the moderate signals she may jump into the debate over her party's future.
Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
What Fauci has said about COVID origins, gain-of-function research
Thursday's vote on whether to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
U.S.
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Where the Trump administration's lawsuits seeking voter data stand
The Justice Department has filed lawsuits against 30 states and the District of Columbia in an effort to force them to hand over their unredacted voter rolls containing voters' sensitive information.
Senate committee votes to hold Fauci in contempt of Congress
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
Exclusive
Trump voter pleads for fiancée's release after ICE arrest: "They're destroying families"
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
Exclusive
Sherrill enters national political fray with first midterm endorsements
New Jersey Gov. Mikie Sherrill is taking her first major step onto the national stage, endorsing 13 Democrats — as the moderate signals she may jump into the debate over her party's future.
Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
MoneyWatch
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
Politics
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Where the Trump administration's lawsuits seeking voter data stand
The Justice Department has filed lawsuits against 30 states and the District of Columbia in an effort to force them to hand over their unredacted voter rolls containing voters' sensitive information.
Senate committee votes to hold Fauci in contempt of Congress
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
Exclusive
Trump voter pleads for fiancée's release after ICE arrest: "They're destroying families"
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
What Fauci has said about COVID origins, gain-of-function research
Thursday's vote to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
Tennessee voters to choose gubernatorial nominees, and more races to watch today
Tennessee voters head to the polls on Thursday to choose their gubernatorial nominees, as well as candidates in newly redrawn congressional districts.
HealthWatch
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What Fauci has said about COVID origins, gain-of-function research
Thursday's vote to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Toddler twins reunited after cancer treatment
A video showing 3-year-old twins Millie and Maverick reuniting after one of them had to undergo cancer treatment hours away from their home has gone viral. Matt Gutman reports.
Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Qdoba removes jalapeños as salmonella outbreak spreads to 27 states
At least 345 people — the majority in Colorado and Minnesota — have been sickened by a salmonella outbreak, according to the U.S. Centers for Disease Control and Prevention.
World
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Red alert issued for major Italian cities as heat wave grips Europe, sets Austria record
The heat has set a national temperature record in Austria, fueled wildfires in France and disrupted energy and transportation systems across the continent.
Trump denies U.S. running low on some munitions, says vast resupplies being made
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
More rescued beluga whales arrive in Texas as relocation effort continues
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Baby "cocaine hippo" linked to infamous drug lord is rescued in Colombia
Colombia has around 200 so-called "cocaine hippos" living in the wild, all of which descended from a colony brought to South America by slain cocaine kingpin Pablo Escobar.
Entertainment
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Entertainment
Inside the risky business of Broadway musicals
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Aaron Pierre talks new series, "Lanterns"
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
Stranger rescues band from car troubles
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
Ariana Grande on her plans to take break
One day after announcing she'll step back from the spotlight after her tour ends, Ariana Grande spoke directly to fans at Monday night's show in Chicago. The singer said the decision was her own and "was made from a thoughtful and empowered place."
Jordan Roth talks "The Shards"
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
Technology
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
AI models are behaving unexpectedly. Experts warn of a "bumpy road" ahead.
AI models are engaging in unauthorized actions — in the most recent case, creating fake identities and attempting to persuade real people to approve malicious code.
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.
At least 12 states report cyberattacks on water systems possibly linked to Iran
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Anthropic AI created fake profiles in hack
Two of the most powerful artificial intelligence agents created fake human profiles to try to trick people in attempted cyberattacks. Mashable tech editor Tim Werth joins CBS News to discuss.
Science
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Most detailed images taken of sun's surface revealed
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.
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Crime
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Investigation
Crime
Questions about company in L.A. warehouse fire
Matt Gutman investigates Lineage Logistics, the company involved in the Los Angeles warehouse fire that left tens of millions of pounds of meat to rot, forcing a whole community to face foul odors and other health hazards.
Details on man arrested near Trump golf club
A man arrested outside President Trump's golf club in Rancho Palos Verdes, California, was already under investigation for robbery. Nikole Killion has the details.
New Mexico AG on suing DOJ over Epstein files
New Mexico is suing the Trump administration for access to files related to Jeffrey Epstein as it investigates the convicted sex offender's Zorro Ranch property. New Mexico Attorney General Raúl Torrez joins "The Takeout" to discuss.
Water system cyberattacks spread to more states
Several states are experiencing cyberattacks on their water systems after Minnesota reported at attack last week. CBS News homeland security correspondent Nicole Sganga has the latest.
Latest details from Lindsay Clancy trial
The murder trial of Lindsay Clancy wrapped its seventh day on Wednesday. Clancy has admitted to killing her three children, but her defense says she was experiencing an extreme mental health crisis at the time of their deaths. CBS News' Shanelle Kaul has more.
Space
More Space
Most detailed images taken of sun's surface revealed
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
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.
Investigating the death of designer Sylvie Cachay
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Eye Opener: More U.S. foodborne illnesses
The U.S. is dealing with another foodborne illness outbreak after Chipotle, Qdoba and more places pulled jalepeños linked to salmonella. All that and all that matters in today's Eye Opener.
Multiple foodborne illnesses sicken Americans
Bacteria-contaminated jalapeños are being linked to a salmonella outbreak, health officials say. This comes as the ongoing cyclosporiasis outbreak has now reached 15 states. CBS News' Shanelle Kaul has the latest details.
ICE arrests hit record high, surging at airports
John Gannon, a lifelong Republican and former Trump supporter, says he's rethinking his vote after immigration officials detained his Venezuelan fianćee at an airport. "I voted for Trump ... I wouldn't do that again, not after this fiasco," Gannon said. CBS News' Camilo Montoya-Galvez has more.
Trump insults El-Sayed after Michigan win
Progressive Democrat Abdul El-Sayed will face former Republican congressman Mike Rogers in the Michigan Senate race. President Trump ramped up his attacks against El-Sayed after the state's Democratic primary. CBS News' Caitlin Huey-Burns reports.
NTSB investigates Marine One safety incident
The Federal Aviation Administration (FAA) and the National Transportation Safety Board (NTSB) are investigating after an air traffic control incident involving President Trump's Marine One helicopter. CBS News' Nancy Cordes reports.