Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
Finance
Rise in shoplifting concerns retailers
The president of the California Retailers' Association is blaming the state for a rise in shoplifting. Revenue losses from theft remain higher than they were half a decade ago. Errol Barnett and Adriana Diaz are joined by David Johnston, vice president of asset protection and retail operations for the National Retail Federation, who breaks down this nationwide issue.
Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Apple launches savings account with 4.15% interest rate
Apple announced a new way for Apple Card users to grow their Daily Cash rewards using a savings account from Goldman Sachs.
New economic data gives insight on inflation
New Producer Price Index data suggests inflation could be easing. CBS News' Errol Barnett and Lana Zak are joined by Ahmed Riesgo, the CIO for Insigneo Financial Group.
Tax credits available for energy efficient home upgrades
A CPA broke down the tax credits homeowners can receive from making energy efficient improvements.
3/16: Red and Blue
Janet Yellen testifies before Senate Finance Committee; Pence faces New Hampshire voters after criticizing Trump about Jan. 6.
Stocks close higher ahead of Fed decision
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
UBS to purchase Credit Suisse amid fallout from U.S. bank collapses
Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.
Large banks see influx of new depositors
Following the collapse of Silicon Valley Bank and regional banking fears, larger U.S. banks have seen an increase in new depositors looking to secure their money. Stephen Gandel, U.S. banking correspondent at The Financial Times, joins CBS News to discuss the fallout and how major U.S. banks are responding.
Jill Schlesinger's layoff protection plan
After Meta announced it is laying off an additional 10,000 employees, CBS News business analyst Jill Schlesinger shares how to best prepare for potential layoffs or government furloughs.
Credit Suisse shares plunge amid bank sector fears
The fallout from the collapse of Silicon Valley Bank continued to reverberate across the financial world Wednesday, when Credit Suisse, one of Europe's largest banks, saw its shares plummet. Stocks also fell across the board. Errol Barnett has the latest.
Investigating Silicon Valley Bank collapse
The Department of Justice and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, the Wall Street Journal reported. CBS News national correspondent Errol Barnett reports from Santa Clara, California, on the fallout.
U.S. backs deposits after bank collapse
Some regional banks halted trading Monday after the collapse of Silicon Valley Bank and Signature Bank. The federal government said depositors will not lose their money. CBS News national correspondent Errol Barnett reports on the fallout from Santa Clara, California.
Silicon Valley Bank failure impacts
Silicon Valley Bank was shut down by federal regulators, marking the second largest failure of a U.S. financial institution in history. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the collapse and the Federal Reserve's latest action.
2/14: CBS News Mornings
A gunman at Michigan State University killed at least three students and left five others injured, according to police; Washington, D.C. was named the loneliest city in America.
Downtowns struggle to adapt to pandemic changes
Many downtowns nationwide have faced significant challenges in the wake of the COVID-19 pandemic, with more people opting to work remotely. Some cities, like Seattle, are thinking creatively in an effort to rejuvenate their downtown economy. Carter Evans has the details.
Jill Schlesinger on tips for saving money
In honor of America Saves Week, CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the best ways to dig yourself out of debt and replenishing your savings. New government data shows Americans' personal savings rate is at a low of 4.7%.
Millions nearing retirement without savings
About half of all Americans ages 55 to 66 have no retirement savings, according to U.S. Census data. Janet Shamlian examines the financial struggles many face as they near retirement in the CBS News series "Retirement Ready."
Preparing emotionally for retirement
Millions of Americans are retiring every day, and some experts say it's just as important to prepare for the change emotionally as it is financially. Janet Shamlian takes a look in this edition of "Retirement Ready."
U.S. consumers undeterred by inflation, report shows
Although U.S. inflation continues to remain high, it's not stopping Americans from spending on everything from everyday essentials to pricey vacations. A Commerce Department report released Friday found that consumer spending rose 1.8% in January. Michael George has the details.
Debunking common credit score misconceptions
Personal finance author and host Stefanie O’Connell Rodriguez explains what a credit score measures and how to boost it.
IRS tells taxpayers in more than 20 states to wait to file
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
Relief payments complicate tax season
Every year, the IRS asks Americans to file their taxes early. This year, however, the agency is telling millions of Americans who received special refunds from their state to hold off for now in order to determine if those refunds are taxable or not. Jacob Bogage, a business reporter for the Washington Post, joined CBS News to break down what this means.
U.S. job growth surges unexpectedly
More than half a million jobs were created in January, nearly triple the expectations. Jobs in hospitality and leisure saw the biggest bump in last month's jobs report. But inflation is still stubbornly high. Carter Evans takes a look.
U.S. seizes oil tanker off the coast of Venezuela
President Trump said the U.S. has seized an oil tanker, which Attorney General Pam Bondi said has been "used to transport sanctioned oil from Venezuela and Iran."
U.S. to require foreign tourists to submit 5 years of social media history
The Trump administration is proposing to ask visitors from countries with visa-free travel to the U.S. to submit five years of their social media history before they can enter.
House GOP moderates revolt against Johnson on health care
Republican Rep. Brian Fitzpatrick of Pennsylvania introduced a discharge petition to try to bring a bill to the floor that would extend the Affordable Care Act subsidies by two years.
House passes the NDAA, $900 billion defense policy bill, in 312-112 vote
The legislation sets lawmakers' defense priorities and authorizes spending levels for the Defense Department and national security programs.
Marjorie Taylor Greene calls Trump's attacks on her a "very poor reflection on him"
The conservative firebrand, who is retiring from Congress early, and the president are engaged in bitter falling-out.
Miami's mayor-elect believes key to her victory was broad outreach
Miami Mayor-elect Eileen Higgins will be the city's first Democratic mayor in nearly three decades.
Fed lowers interest rates by 0.25 percentage points in third straight cut
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Ex-Michigan coach Sherrone Moore jailed hours after firing, authorities say
Former University of Michigan football coach Sherrone Moore was booked into jail on Wednesday, just hours after he was fired.
Erika Kirk's message to people who celebrated husband's death
Erika Kirk has a message for people who sought to justify the assassination of her late husband, Charlie Kirk.
U.S.
More U.S.
U.S. arrests plummet 25% since onset of the pandemic, analysis finds
Arrests across the U.S. have dropped by 25% compared to the onset of the pandemic in 2019, an analysis by the Council on Criminal Justice released Tuesday found.
Washington state braces for dangerous flooding, thousands could face evacuation orders
Washington Gov. Bob Ferguson declared a statewide emergency, estimating that as many as 100,000 residents may soon face evacuation orders.
Miami's mayor-elect believes key to her victory was broad outreach
Miami Mayor-elect Eileen Higgins will be the city's first Democratic mayor in nearly three decades.
Trump administration to set up militarized zone on California-Mexico border
The Trump administration is adding another militarized zone to the southern U.S. border to support border security operations — this time in California, officials say.
Justice Department moves to drop charges in international soccer corruption case
Federal prosecutors in New York moved to drop charges against former Fox employee Hernan Lopez and Full Play Group, an Argentine sports media rights company.
MoneyWatch
More MoneyWatch
Justice Department moves to drop charges in international soccer corruption case
Federal prosecutors in New York moved to drop charges against former Fox employee Hernan Lopez and Full Play Group, an Argentine sports media rights company.
Lottery jackpots are getting bigger and harder to win. See data on the top prizes.
Here are the top 20 largest Powerball and Mega Millions jackpots in history, and the odds of winning them.
Fed lowers interest rates by 0.25 percentage points in third straight cut
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
Canada seeks to draw talent, as U.S. charges $100K for H-1B visas
Canada has launched an initiative aimed at drawing leading researchers to the country.
This word sums up how workers are feeling these days, Glassdoor says
Here's how many employees say they are feeling amid festering concerns about the economy, AI and other issues, according to the job-search firm.
Politics
More Politics
Democrats ask for audit to determine if Epstein files haven't been "tampered with"
Survivors of Jeffrey Epstein's sex crimes and a group of Democrats are asking for a review of the Epstein case files to determine whether the records have been "tampered" with or concealed, ahead of a release by next week.
Marjorie Taylor Greene calls Trump's attacks on her a "very poor reflection on him"
The conservative firebrand, who is retiring from Congress early, and the president are engaged in bitter falling-out.
Miami's mayor-elect believes key to her victory was broad outreach
Miami Mayor-elect Eileen Higgins will be the city's first Democratic mayor in nearly three decades.
Trump administration to set up militarized zone on California-Mexico border
The Trump administration is adding another militarized zone to the southern U.S. border to support border security operations — this time in California, officials say.
What we know about The Skipper, the oil tanker seized by the U.S. near Venezuela
The U.S. seized a 20-year-old oil tanker called The Skipper off the coast of Venezuela on Wednesday, three sources told CBS News. Here's what we know about the boat and the operation.
HealthWatch
More HealthWatch
HealthWatch
Extended interview: Dr. Rochelle Walensky
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
Nursing home chain avoids settlement payouts after bankruptcy filing
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
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.
World
More World
Nobel laureate María Corina Machado makes first public appearance in 11 months
María Corina Machado had been in hiding in Venezuela since January, when she was briefly detained after joining supporters in a protest in Caracas.
What we know about The Skipper, the oil tanker seized by the U.S. near Venezuela
The U.S. seized a 20-year-old oil tanker called The Skipper off the coast of Venezuela on Wednesday, three sources told CBS News. Here's what we know about the boat and the operation.
U.S. seizes oil tanker off the coast of Venezuela
President Trump said the U.S. has seized an oil tanker, which Attorney General Pam Bondi said has been "used to transport sanctioned oil from Venezuela and Iran."
Canada seeks to draw talent, as U.S. charges $100K for H-1B visas
Canada has launched an initiative aimed at drawing leading researchers to the country.
Coast Guard video shows shots fired at alleged drug boat in the Pacific
The Coast Guard said it has seized more than 150,000 pounds of cocaine in the Eastern Pacific Ocean, including a record-breaking bust earlier this month.
Entertainment
More Entertainment
Entertainment
Sombr talks about writing breakout hits
Singer-songwriter Sombr is up for Best New Artist of the Year at the Grammy Awards. He was the only writer on his debut album, "I Barely Know Her." He spoke to Anthony Mason about where his journey began and his whirlwind year.
Carly Pearce on new music
Grammy-winning country music superstar Carly Pearce joins "CBS Mornings" to talk about her highly-anticipated fifth studio album, fans relating to the lyrics in her music and being vulnerable.
Joe Bonamassa album pays tribute to B.B. King
Five-time Grammy Award winner Joe Bonamassa may already hold the record for the most No. 1 albums on the Billboard blues albums chart with 29, but he has no plans to stop anytime soon. His upcoming album is a tribute to B.B. King and includes tracks from artists like Aloe Blacc and Eric Clapton. "CBS Mornings" gets a behind-the-scenes look.
Sophie Kinsella, author of bestselling "Shopaholic" novels, dies at 55
Sophie Kinsella, whose real name was Madeleine Wickham, was diagnosed with aggressive brain cancer in 2022.
Lucas Bravo on new "Emily in Paris" season
Lucas Bravo, who stars as Gabriel in "Emily in Paris," talks about the new season of the show, what he loves about his character and working with Lily Collins. Plus, he discusses playing a villain role in the series, "The Seduction."
Technology
More Technology
Australia's new social media ban started with a mom saying, "Do something!"
With the world's first social media ban for children and teenagers under 16 now in effect in Australia, its initial political architect reveals it was personally inspired by his wife, for their four children.
How one couple sparked a global movement for a smartphone-free childhood
For thousands of parents in 39 countries, including the U.S., the goal is simple: More time outdoors, and a childhood lived offline as much as possible.
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.
Australian teens challenge social media ban
Australia began enforcing a social media ban for kids under the age of 16. CBS News' Ramy Inocencio reports.
A couple's smartphone-free movement for kids
A U.K. couple started with a simple message, asking on Instagram if other parents could ban together to start a smartphone-free childhood. It's now grown to a global movement, with a chapter in 39 countries. Leigh Kiniry reports.
Science
More Science
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
"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.
Crime
More Crime
U.S. arrests plummet 25% since onset of the pandemic, analysis finds
Arrests across the U.S. have dropped by 25% compared to the onset of the pandemic in 2019, an analysis by the Council on Criminal Justice released Tuesday found.
NYPD warns of rise in 3D-printed ghost guns
Officials warn that more unserialized, untraceable ghost guns found on New York City's streets could soon spread to other areas across the U.S. CBS News' Anna Schecter has more.
Online "764" network reportedly targeting kids
On Capitol Hill, a Senate Committee heard from experts who warn that predators are targeting and manipulating young people online. A growing number of reports point to a virtual network of abusers known as "764" who coerce young victims into hurting themselves or others. CBS News' Anna Schecter reports.
Latest on Kentucky State shooting
A suspect is in custody after two students at Kentucky State University were shot and one died on Tuesday, police said. CBS News' Tom Hanson has the latest.
Coast Guard video shows shots fired at alleged drug boat in the Pacific
The Coast Guard said it has seized more than 150,000 pounds of cocaine in the Eastern Pacific Ocean, including a record-breaking bust earlier this month.
Space
More Space
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
3-man crew undocks from space station, wrapping up 8-month stay
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
"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.
Latest Galleries
More Latest Galleries
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
"Grandma Stand" bringing comfort and connection
Nestled between booths and shops in downtown McKinney, Texas, the "Grandma Stand" gives away something you can't put a price on. Omar Villafranca paid a visit.
Factory closure ripples throughout California town
More than 1 million American workers have been laid off this year -- several hundred of them in Brawley, California. Mark Strassmann traveled there to examine the ripple effects of those layoffs on the local economy.
U.S. Coast Guard led seizure of oil tanker
American forces have seized an oil tanker off the coast of Venezuela, marking a major escalation in tensions with Venezuela as the U.S. military continues to build up its presence in the Caribbean. CBS News' Erica Brown and James LaPorta have the latest.
Camp Mystic installing new flash flood alarms
Months after a flash flood killed over two dozen campers and counselors in Texas, a new flash flood warning system is being installed at Camp Mystic. Jason Allen has the exclusive story.
Trump's attacks on Rep. Ilhan Omar draw backlash
President Trump's speech in Pennsylvania was billed as an economic address, but it's getting more attention for the grievances he aired about Democratic Rep. Ilhan Omar of Minnesota. Nancy Cordes reports and Robert Costa joins with analysis.