Fed will slow down pace of interest-rate hikes, Powell says
Smaller hike shouldn't be taken as sign central bank will let up on inflation fight anytime soon, Fed chair cautions.
Gas Prices
Job openings and hires dipped in October as economy cooled
Businesses become slightly less desperate for workers, but there are still 10.3 million open jobs.
U.S. economy was stronger in third quarter than initially thought
Despite high interest rates and chronic inflation, economy grew at 2.9% annual rate from July through September.
Consumer confidence tumbles to lowest in 4 months
Americans are taking more gloomy view of economy as cost of food, rent, clothing and other essentials continue to surge.
Here's what you'll pay for gas in every U.S. state
Drivers traveling for Thanksgiving Day face lower fuel costs than a month ago, but prices still top $5 per gallon in two states.
AAA predicts busy Thanksgiving travel week
AAA expects nearly 55 million people to travel this Thanksgiving. This holiday season follows a summer full of air travel disruptions, staffing shortages and record-high gas and airfare prices. CBS News senior travel adviser Peter Greenberg joined CBS News' John Dickerson to discuss.
Home sales are slumping badly as affordability remains a hurdle
Housing prices have fallen 32% this year, although they remain higher than before the pandemic.
Here's how much more Thanksgiving dinner will cost this year
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
Last-minute flights for holidays will cost you more this year
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
Stocks rise on cooler-than-expected inflation data
Investors were fueled by hopes that cooling prices could influence Federal Reserve ahead of its December meeting.
Concerns about inflation and interest rates
Core inflation in the U.S. surged to the highest level in 40 years as prices for housing, food and health care continued to rise. Abha Bhattarai, an economics correspondent for The Washington Post, joined Catherine Herridge to discuss September's CPI report.
Dow soars 1,000 points on better-than-expected inflation report
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
U.S. stocks tumble with election results still up in the air
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
How the year's news is driving the midterms
2022 has been full of history-making news stories and many of them are a big part of what's driving voters to the polls. CBS News national correspondent Errol Barnett discusses the news events on voters' minds in "The Pulse of the Nation."
How the uncertain economy is affecting voters
The economy has been front and center in the minds of many voters and throughout the campaign season. CBS News national correspondent Errol Barnett looks at the issue of the economy by the numbers, with another dive into the "Pulse of the Nation."
5 ways to save on holiday shopping amid high inflation
Coupon codes and cash-back offers can help take the sting out of soaring prices, expert says.
Special Report: Biden speaks on gas prices
The U.S. will be releasing one million barrels of oil a day from the country's Strategic Petroleum Reserve for the next six months in an effort to mitigate high gas prices, President Biden announced Thursday. Watch his remarks in this CBS News Special Report.
Special Report: Biden releasing oil from Strategic Petroleum Reserve
President Biden on Tuesday announced the release of oil from the Strategic Petroleum Reserve in an effort to lower gas prices amid the Thanksgiving holiday. Major Garrett anchors a special report from Washington, D.C., on the president's decision, Weijia Jiang joins from the White House and Jill Schlesinger discusses the economic impact.
Stocks plummet after Fed signals more rate hikes ahead
"Hawkish" policy statement from Fed leads investors to abandon hope of easing rate increases.
Why booking travel on your phone is a bad idea
Despite the convenience, experts say buying a flight by mobile phone could end up costing you more.
Job openings post surprise jump, putting pressure on Fed
Economists had expected the number of job openings to drop below 10 million for the first time since June 2021.
Oil giants rake in record profits as energy prices remain high
Exxon and Chevron reported surging quarterly earnings, with gas prices still up sharply from a year ago.
North Korea could test tactical nuclear weapon
North Korean leader Kim Jong-un could soon test a tactical nuclear weapon, according to U.S. and South Korean officials. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan joins CBS News' John Dickerson to discuss.
Mortgage rates blow past 7% for first time in two decades
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
Stocks end mixed as Facebook's parent company slumps
Weak earnings reports at Meta and other major tech companies offset gains in other parts of the market.
Live
Iran war "re-escalation risks" keep oil prices volatile as talks stagger on
Oil prices remain volatile due to Iran war "re-escalation risks," as Tehran says it has shared another set of revised peace deal terms with the U.S.
Trump settles $10 billion lawsuit against IRS over leak of his tax returns
Mr. Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
Inside the "troubled teen" industry, when help sometimes does more harm
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
Judge rules some key evidence can be used in Luigi Mangione's state trial
A New York judge ruled Monday on whether evidence found in Luigi Mangione's backpack during his arrest can be used during his state trial.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Divers find bodies of 4 tourists in Maldives sea cave
Italy's Foreign Ministry said Monday rescuers have located the bodies of four Italian divers who were believed to be deep inside an underwater cave in a Maldive atoll.
Fighter jets crews eject from air show crash: "A lot of luck involved"
The Mountain Home Air Force Base in Idaho was locked down following the midair crash during the Gunfighter Skies Air Show.
At least 6 Americans in Congo were exposed to Ebola virus, sources say
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
U.S.
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Tornado levels family's brand new house: "Most terrifying thing I've experienced"
A mother and daughter hid in the basement of the home they moved into just two weeks ago when a destructive tornado tore across their Nebraska community.
Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Trump settles IRS lawsuit, sets up $1.7B fund for claims of "weaponization"
Mr. Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
MoneyWatch
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NextEra Energy to acquire Dominion in a $67 billion utility deal
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Is the answer to the housing crunch right in your own backyard?
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Ice cream sold in 17 states recalled for potential metal fragments
No injuries have been reported because of the issue, the Food and Drug Administration said.
Trump talks up trade deals with China, but experts see no big wins for U.S.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Politics
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Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Trump settles IRS lawsuit, sets up $1.7B fund for claims of "weaponization"
Mr. Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
Senate GOP revising White House ballroom security funds plan
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
HealthWatch
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Inside the "troubled teen" industry, when help sometimes does more harm
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
Hantavirus-hit cruise ship arrives in Netherlands
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
Religious anti-abortion center finds opportunity in town without OB-GYNs
A crisis pregnancy center in Sandpoint, Idaho, wants to expand women's healthcare three years after the labor and delivery unit at the town's hospital closed and its OB-GYNs moved out of state.
WHO: Ebola outbreak a global health emergency
Outbreaks of the deadly Ebola virus in two African countries have prompted the World Health Organization to declare a global health emergency. Imtiaz Tyab reports.
At least 6 Americans in Congo were exposed to Ebola virus, sources say
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
World
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Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Police kill escaped tiger after it injures man in Germany
It is believed the tiger was owned by a woman who describes herself as Germany's "Tiger Queen," CBS News partner BBC News reported.
Divers find bodies of 4 Italians in Maldives sea cave
Italy's Foreign Ministry said Monday rescuers located the bodies of four Italian divers who were believed to be deep inside an underwater cave in a Maldive atoll.
Child among 10 people shot dead by gunmen in Mexico
Nine people died at the scene from gunshot wounds and one woman died while being transported to the hospital, prosecutors said.
2 Americans arrested over stunt at viral baby monkey Punch's zoo in Japan
Two Americans were arrested in Japan after social media posts showed a person jumping into an enclosure at the zoo where viral baby monkey Punch found fame.
Entertainment
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Entertainment
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" podcast host Alex Cooper announces pregnancy
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Director Jon Favreau on "The Mandalorian and Grogu"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
Extended interview: Jon Favreau
In this web exclusive, Jon Favreau, the creator of the "Star Wars" series "The Mandalorian," and director of the new film "The Mandalorian and Grogu," talks with correspondent Tracy Smith about the myth of "Star Wars," the influences on the story (including Japanese samurai films), and expanding the universe for a new audience. He also talks about working with Robert Downey Jr. on his film "Iron Man," and about cooking, the subject of his 2014 movie, "Chef."
Jon Favreau on "The Mandalorian and Grogu"
Director Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen. He talks with correspondent Tracy Smith about the handmade feel of the "Star Wars" universe, and how father-son relationships have always been at the heart of the stories set in a galaxy far, far away. He also discusses bringing his improv roots to directing Robert Downey Jr. in "Iron Man."
Technology
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Technology
An adobe renaissance
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents report Waymo traffic jams
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
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.
Waymos get in Atlanta traffic jam
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Science
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El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Crime
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Crime
Judge rules on evidence in Mangione trial
New York Judge Gregory Carro ruled Monday that a gun and notebook found in the search of Luigi Mangione's possessions can be used as evidence in his state murder trial. CBS News' Lilia Luciano has the latest.
Teens arrested after Texas shootings
Three people are in custody after a string of shootings in Austin, Texas. CBS News' Ian Lee reports.
Judge rules on Mangione backpack evidence
A New York judge ruled Monday that certain evidence from Luigi Mangione's backpack can be used in his state trial for the alleged murder of UnitedHealthcare CEO Brian Thompson. CBS News' Lilia Luciano has the latest.
Luigi Mangione in court for state case
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, is appearing in court Monday for a hearing on his New York state case. CBS News' Katrina Kaufman reports.
What's next for Alex Murdaugh's case?
After the South Carolina Supreme Court overturned Alex Murdaugh's murder convictions, his lawyers are set to hold a press conference Monday to discuss new developments in the case. Meanwhile, prosecutors say they may seek the death penalty in a retrial.
Space
More Space
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
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."
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Judge rules on evidence in Mangione trial
New York Judge Gregory Carro ruled Monday that a gun and notebook found in the search of Luigi Mangione's possessions can be used as evidence in his state murder trial. CBS News' Lilia Luciano has the latest.
Trump's ratings plummet, CBS News poll shows
President Trump's approval rating has slipped to its lowest level since 2023, with more than half of Americans saying his policies are making the economy worse, a CBS News poll shows. CBS News contributor Javier David has more.
Trump warns "the clock is ticking" for Iran
President Trump warned Sunday on social media that "the clock is ticking" for Iran to accept a peace agreement. Iran said Monday that it responded to the latest proposal via Pakistani mediators. CBS News' Caitlin Huey-Burns has the latest, while global affairs analyst Jonathan Wachtel joins with more insight.
Georgia readies for key primary races
Georgia is set to hold key primaries on Tuesday, including a race between three Republicans challenging incumbent Sen. Jon Ossoff. Meanwhile, Louisiana Sen. Bill Cassidy lost his reelection bid to Rep. Julia Letlow and Louisiana State Treasurer John Fleming, who advanced to a runoff. CBS News' Skyler Henry and Fin Gómez have the latest.
Inside the tensions at the United Nations
United Nations delegates from Iran and Israel spoke to CBS News' Anna Shecter about the tensions fueled by global conflicts.