U.S. hiring slows in January
U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.
Inflation
Tariff threat looms over grocery store food costs
With grocery prices already more than 25% higher than five years ago, tariffs could spur increased costs for families already on a tight budget. Nancy Chen has more.
What products could get pricer after Trump tariffs enacted?
The White House levied new import duties on its three closest trading partners.
What are tariffs? Here's what to know about the import duties.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Increasing egg prices have Americans scrambling
The "CBS News MoneyWatch Price Tracker" shows that a dozen eggs cost, on average, $4.15, compared to $2.51 a year ago, an increase of 65%. Hold onto your shopping carts because that number is expected to get even worse. Nancy Chen has more.
Trump criticizes the Fed
After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job market and stubborn inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more on the decision and President Trump's reaction.
Fed holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Here's the financial impact of the Fed's pause on rate cuts
The Fed held off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
Rep. Don Bacon on Trump's proposed tax cuts
On Wednesday, President Trump met with three House Republicans who kept their seats in districts that former Vice President Kamala Harris won. One of those lawmakers, Rep. Don Bacon of Nebraska, joins "America Decides" to unpack Trump's proposed tax cuts, as well as his own.
Breaking down Trump's tariff threat at Davos
President Trump on Thursday threatened world leaders with tariffs at the World Economic Forum in Davos, Switzerland, if they don't make their products in the U.S. David Wessel, senior fellow in economic studies at the Brookings Institution, joins "America Decides" to examine Trump's remarks.
Trump wants the feds to lower prices for Americans. Can he deliver?
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
Trump speaks at Inauguration Day parade
President Trump spoke at Capitol One Arena on Monday hours after taking the oath of office. Trump previewed his priorities for his second term and bashed his predecessor's policies.
What executive orders will Trump issue Day 1?
President-elect Donald Trump is expected to issue a flurry of executive orders after returning to the White House on Monday. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the largest gains in overall prices in months. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to break down the new numbers.
CPI edged higher in December, complicating the Fed's rate decision
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Inflation up 2.9% in latest CPI report
The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of consecutive increases. Experts are warning of delays in interest rate cuts and possibly even rate hikes. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Producer prices rose less than expected last month, encouraging investors
U.S. wholesale inflation rose 0.2% last month on higher energy prices.
Biden says he could have won 2024 election
President Biden says he thinks he could have beaten President-elect Donald Trump in the 2024 election. However, in an interview with USA Today, Biden also admitted he isn't sure he'd have the stamina to serve four more years. Author and political analyst Chris Whipple joins "America Decides" to unpack Biden's comments.
Stock market dips amid tech stock selloff
The U.S. stock market took a significant dip on Friday, fueled by a selloff in tech stocks. CBS News contributor Javier David breaks it down and looks ahead to 2025.
What is the state of the job market?
The number of Americans applying for unemployment benefits fell slightly last week. Meanwhile, the average 30-year mortgage rate hit 6.85%, the highest since July. CBS News contributor Javier David breaks it down.
The impact of sticky inflation on Americans
2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O'Grady looks back on the biggest economic and business stories of the year.
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted Rossman joins "The Daily Report" to discuss.
The Fed's rate cuts impact on Americans
The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full percentage point since September. CBS News contributor Javier David breaks down its impact.
Fed makes final 2024 interest rate decision
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady joins to break down the move.
Jerome Powell on U.S. economy after cut
The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's expected next.
Supreme Court to hear major test of presidential power in case over FTC firing
President Trump's efforts to reshape the executive branch and flex his presidential power are set to be tested at the Supreme Court on Monday.
Hegseth won't commit to releasing video of second strike on alleged drug boat
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said.
"Family of Spies": Christine Kuehn discovers her grandfather's Nazi past
In 1994 Christine Kuehn received a letter that revealed a family history from which her father had tried to shield her: Christine's grandfather, Otto, was a Nazi spy who was the only person tried and convicted for the bombing of Pearl Harbor.
Netanyahu says he expects Gaza ceasefire second phase to begin soon
The next phase of the Gaza ceasefire involves an international security force and other measures and has not yet started.
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.
Trump's birthday added to list of free days at national parks; MLK Day, Juneteenth removed
The change to the schedule comes shortly after the Trump administration announced new fees for non-resident visitors.
Trump calls on Baseball Hall of Fame to admit Roger Clemens
The 63-year-old Roger Clemens has been accused of using performance-enhancing drugs, which he has denied.
Indonesian zoo releases photos of the first panda cub born in the country
A zoo on Java island has released photos of Indonesia's first locally born giant panda cub.
Michael Annett, former NASCAR racing star, dies at 39
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
U.S.
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210,000 power banks sold on Amazon recalled over fire and burn risks
The recall involves INIU 100,000mAh portable power banks, model BI-B41that were sold on Amazon between August 2021 and April 2022, the recall notice says.
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.
"Family of Spies": Christine Kuehn discovers her grandfather's Nazi past
In 1994 Christine Kuehn received a letter that revealed a family history from which her father had tried to shield her: Christine's grandfather, Otto, was a Nazi spy who was the only person tried and convicted for the bombing of Pearl Harbor.
Supreme Court to hear major test of presidential power in case over FTC firing
President Trump's efforts to reshape the executive branch and flex his presidential power are set to be tested at the Supreme Court on Monday.
Teen's sister looks to TikTok to help solve 25-year-old murder mystery
With her posts and pleas on TikTok, Molly Bish's sister hopes she will generate new tips that will finally solve her sister's Massachusetts murder case and put an end to a painful decades-old mystery.
MoneyWatch
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210,000 power banks sold on Amazon recalled over fire and burn risks
The recall involves INIU 100,000mAh portable power banks, model BI-B41that were sold on Amazon between August 2021 and April 2022, the recall notice says.
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.
For Gen Zers, finding work after college is often a painful slog
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Here's where minimum wage increases are set to kick in next year
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
Officials expand probe into Waymo over robotaxis driving around buses
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
Politics
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Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Transcript: Rep. Ilhan Omar on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Rep. Ilhan Omar, Democrat of Minnesota, that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Transcript: Scott Gottlieb on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with former FDA commissioner Scott Gottlieb, who now serves on the boards of Pfizer and United Healthcare, that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
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.
Transcript: Rep. Jim Himes on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
HealthWatch
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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.
CDC panel votes to stop recommending birth dose of hepatitis B vaccine
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
Could pets be next for weight loss drugs? Here's what to know about a study.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
World
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Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Indonesian zoo releases photos of the first panda cub born in the country
A zoo on Java island has released photos of Indonesia's first locally born giant panda cub.
Transcript: Rep. Ilhan Omar on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Rep. Ilhan Omar, Democrat of Minnesota, that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Transcript: Scott Gottlieb on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with former FDA commissioner Scott Gottlieb, who now serves on the boards of Pfizer and United Healthcare, that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Transcript: Rep. Jim Himes on "Face the Nation with Margaret Brennan," Dec. 7, 2025
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Dec. 7, 2025.
Entertainment
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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.
Author Jan Karon on returning to Mitford: "I know that we don't have forever anymore"
The bestselling author had said she would no longer write novels set in the make-believe mountain village of Mitford. After the death of her daughter, she wrote through her grief – which led to her 15th Mitford book, "My Beloved."
Author Jan Karon on returning to Mitford
Novelist Jan Karon has written 25 bestsellers, including 15 about a make-believe mountain village, Mitford – stories in which the humanity of her characters is evoked in what she calls "a place of refuge." Karon talks with Faith Salie about discovering her voice as a writer at a very young age; the comforting qualities of her stories; and how the death of her daughter, Candace, led to her latest Mitford book, "My Beloved."
Extended interview: Ethan Hawke
In this web exclusive, actor Ethan Hawke talks with Tracy Smith about his first experiences with Broadway. He also discusses his films "Explorers," "Dead Poets Society," "Reality Bites," "Training Day," and his latest, "Blue Moon," Leonardo DiCaprio's success, and his obsession with Jack Nicholson's performance in "One Flew Over the Cuckoo's Nest."
Ethan Hawke on "Blue Moon," and taking nothing for granted
The star of "Blue Moon" talks about playing famed songwriter Lorenz Hart, whose successful collaboration with Richard Rodgers ended owing to Hart's heavy drinking; and about his own youthful ambitions.
Technology
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Technology
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?
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.
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. Jo Ling Kent talks with Tilly's creator, Eline Van der Velden, about her goal of producing "the Scarlett Johansson of the AI genre." Kent also talks with Kevin Reilly, CEO of Kartel ai, a Beverly Hills tech startup; and with SAG-AFTRA president Sean Astin, about the impact of AI on Hollywood and the actors' union.
Waymo says its cars are better at avoiding crashes
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
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
Teen's sister looks to TikTok to help solve 25-year-old murder mystery
With her posts and pleas on TikTok, Molly Bish's sister hopes she will generate new tips that will finally solve her sister's Massachusetts murder case and put an end to a painful decades-old mystery.
How did teen Danni Houchins die? Her family's search for the truth
For years, the death of 15-year-old Danielle "Danni" Houchins had been shrouded in mystery. Montana investigators initially said it could have been a tragic accident, but her family always suspected something more sinister.
20,000-pound cocaine seizure by Coast Guard breaks 18-year-old record
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
Latest details on 2021 pipe bomb suspect
The man suspected of placing pipe bombs around Washington, D.C., on Jan. 5, 2021, had his first court appearance on Friday after he was arrested Thursday following a five-year manhunt. A judge ordered the suspect to remain in jail pending future hearings.
11 killed, including 3 children, in shooting at a South African bar
Over a dozen people were wounded and taken to the hospital, the South African Police Services said in a statement.
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.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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
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Latest CBS News Videos
Bessent on economy during holiday season
Treasury Secretary Scott Bessent predicted on "Face the Nation with Margaret Brennan" that it will be a "strong holiday season" despite some major toy companies noting higher prices due to tariffs and inflation. "The economy has been better than we thought," Bessent said, adding "we've had the 4- 4% GDP growth in a couple of quarters."
Omar on alleged Somali fraud case
Amid charges against dozens of Somali immigrants in a series of multimillion-dollar alleged fraud schemes in Minnesota, Rep. Ilhan Omar, whose district includes much of Minneapolis, told "Face the Nation with Margaret Brennan," that if allegations of a connection between tax dollars and al Qaeda affiliate al Shabaab are true, "that is a failure of the FBI and our court system." She added that "if that is the case, if money from U.S. tax dollars is being sent to help with terrorism in Somalia, we want to know and we want those people prosecuted and we want to make sure that it doesn't ever happen again."
Open: "Face the Nation," Dec. 7, 2025
This week on "Face the Nation with Margaret Brennan," an interview with Treasury Secretary Scott Bessent as more Americans say they're feeling the pain of higher prices this holiday season. Plus, Democratic Rep. Ilhan Omar joins to discuss the Trump administration's immigration crackdown on Somalis in Minneapolis.
Nature: Alligators in Florida
We leave you this morning swimming with the alligators on the Myakka River in Florida. Videographer: Doug Jensen.
MTG on what Republicans say about Trump
Rep. Marjorie Taylor Greene, a supporter-turned-critic of President Trump, says she's seen colleagues who previously made fun of the president pivot to "kissing his ass" and wearing a MAGA hat.