Fed ignores Trump's call for cuts
The Federal Reserve held interest rates steady on Wednesday, going against President Trump's repeated calls for cuts. CBS News' Jo Ling Kent and Weijia Jiang have the latest.
Inflation
American toymaker on tariff impact
One industry reeling from President Trump's tariffs is American toy makers. Jay Foreman, CEO of Basic Fun!, the toymaker selling brand names like My Little Pony, Tonka Trucks and Lincoln Logs, joins CBS News to discuss the impact.
Powell warns of risks from tariffs
The Federal Reserve held interest rates steady on Wednesday as policymakers assessed the economic impact of President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Small businesses deal with trade uncertainty
Treasury Secretary Scott Bessent told House lawmakers Tuesday that progress is being made on foreign trade talks, but not with China. That could change on this week though. CBS News MoneyWatch correspondent Kelly O'Grady has more on this and other economic news of the day.
What's behind the declining economic numbers?
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
Poll finds shrinking Hispanic Trump support
President Trump won the 2024 election in no small part because of a surge of support from Hispanic voters. But a new poll shows the majority of his support among this key voting block is in decline. CBS News' Nidia Cavazos reports and Clarissa Martínez De Castro, vice president of the Latino Vote Initiative at UnidosUS, joins "America Decides," to discuss.
U.S. economy shrinks, Trump Cabinet meets
President Trump held a Cabinet meeting on Wednesday, coinciding with his administration's week-long first 100 days victory lap. But on this day 101, the economic numbers tell a different story. CBS News' Fin Gomez, Ed O'Keefe and Kelly O'Grady report on the details.
Stocks slide, new data shows economy shrank
Stocks slid on Wednesday after new data showed that the U.S. GDP declined at a .3% rate in the first quarter of 2025. It was the worst quarterly performance for the U.S. economy since early 2022. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Voters reflect on Trump's first 100 days
How are Americans grading President Trump's first 100 days back in office? CBS News chief Washington correspondent Major Garrett spoke with Republican and Democratic voters to hear what they had to say.
How is the economy 100 days into Trump's term?
"Trust in Trump" was the White House's message on Tuesday when it came to the president's economic policy. But his wide-reaching tariffs have shaken economic norms, led to market uncertainty and voter concerns. CBS News MoneyWatch correspondent Kelly O'Grady examines the state of the economy 100 days into Mr. Trump's second term.
State of economy 100 days into 2nd Trump term
The Dow Jones closed in the green on Tuesday as President Trump marked 100 days of his second term. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the state of the economy.
Trump makes false or misleading claims about grocery prices, cost of gas
President Trump has made a series of false or misleading statements about consumer prices, while shoppers are seeing some tariff-related cost hikes.
Eye on America: Rising energy costs and more
We travel to Connecticut to see how homeowners can save on rising energy costs. We also visit the community of Buffalo, New York, less than a year after a tragic mass shooting. Watch these stories and more on Eye on America with host Michelle Miller.
Eye on America: Locally sourced water & more
We see the ripple effect of a locally sourced water company reviving an Idaho mining town. And we learn some small tips to save big at the grocery store amid rising inflation. Watch these stories and more on "Eye on America" with host Michelle Miller.
Eye on America: Homeless baby boomers and more
We look at why baby boomers are one of the fastest-growing groups to be homeless. Then, we dive into a pioneering effort to keep manatees thriving in their natural habitat. Watch these stories and more on “Eye on America” with host Michelle Miller.
Young people turn to "buy now, pay later"
New statistics are painting a larger picture of the shifting state of the economy, particularly for young people. Tickets for this year's Coachella ran for more than $1,000 a weekend. A new Billboard report found that more than 80,000 attendees, or roughly 60%, opted for "buy now, pay later" plans. Forbes senior contributor Jack Kelly joins "The Daily Report" to discuss.
Has Trump lowered prices like he claims?
When President Trump was on the campaign trail, he promised to lower the prices of all goods on "day one" of his second term. Since he took office in January, he has repeatedly claimed that the price of energy, groceries, eggs and homes have dramatically dropped. CBS News Confirmed executive editor Rhona Tarrant fact-checks these claims.
Consumer sentiment falls again in March
Consumer sentiment fell more than 8% in March, according to a survey from the University of Michigan, marking the fourth straight decline. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to assess what the figure could say about the state of the economy.
More Americans teetering on the edge of bankruptcy. Here's why.
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy.
Some with high incomes are facing food insecurity
Inflation has more people turning to food banks for help, including people with six-figure incomes struggling to feed their families. Mark Strassmann has the story.
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.
Grocery prices continue to rise, but increases vary from city to city
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Mar 13: CBS News 24/7, 1pm ET
Trump threatens 200% tariff on EU alcohol in response to American whiskey tariff; Protesters arrested after storming Trump Tower over arrest of Mahmoud Khalil.
Powell's comments spark stock market sell-off
It was another volatile day on Wall Street after comments from Federal Reserve Chair Jerome Powell, who spoke at the Economic Club of Chicago. Kelly O'Grady explains.
Fed chair warns tariffs could cause inflation
Stocks fell sharply on Wednesday due in part to tariff concerns. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Federal Reserve Chair Jerome Powell's warning about tariffs.
Live
Trump says Iran deal not final, will resume bombing "if they don't behave"
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Senate moving forward with Clayton hearing despite Trump move to delay
The Senate is moving forward with Jay Clayton's confirmation hearing on Wednesday, despite President Trump's move to delay the installation of the new intelligence chief.
Exclusive
Is Russia burning through air defense missiles at an "unsustainable rate"?
Ukraine intelligence indicates the country's stepped up drone strikes are forcing Russia to burn through interceptor missiles, possibly faster than it can build new ones.
Watch Live: Trump holds news conference to end G7 summit in France
President Trump is holding a news conference to wrap up the Group of Seven summit in France.
Tropical Storm Arthur, first Atlantic tropical cyclone of year, forms off Texas coast
Tropical Storm Arthur, the first named storm of the 2026 Atlantic hurricane season, formed Wednesday off the Gulf Coast of Texas.
Exclusive
"The most famous judge in America, for a while," on highs and lows of a Trump trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Rex Heuermann sentenced to life in prison for Gilgo Beach serial killings
Rex Heuermann was sentenced to life in prison without the possibility of parole for the series of murders known as the Gilgo Beach serial killings.
Social Security faces looming benefit cuts. Can the program be saved?
Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.
Luigi Mangione's lawyers will argue psychiatric defense in state murder trial
Luigi Mangione's lawyers will argue that he was suffering from an extreme emotional disturbance when he allegedly killed UnitedHealthcare CEO Brian Thompson.
U.S.
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Social Security faces looming benefit cuts. Can the program be saved?
Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.
Senate moving forward with Clayton hearing despite Trump move to delay
The Senate is moving forward with Jay Clayton's confirmation hearing on Wednesday, despite President Trump's move to delay the installation of the new intelligence chief.
Survivors of violence could see debt erased as N.Y. law goes into effect
A new law in New York makes it the eighth state to provide a path for coerced debt relief for survivors of domestic violence.
Tropical Storm Arthur forms off Texas Gulf Coast
Tropical Storm Arthur, the first named storm of the 2026 Atlantic hurricane season, formed Wednesday off the Gulf Coast of Texas.
Watch Live: Trump holds news conference to end G7 summit in France
President Trump is holding a news conference to wrap up the Group of Seven summit in France.
MoneyWatch
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Social Security faces looming benefit cuts. Can the program be saved?
Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.
Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Politics
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Senate moving forward with Clayton hearing despite Trump move to delay
The Senate is moving forward with Jay Clayton's confirmation hearing on Wednesday, despite President Trump's move to delay the installation of the new intelligence chief.
D.C. Democratic primary for mayor results still undetermined in city's first ranked-choice election
Democratic socialist Janeese Lewis George is holding a lead with 64% of ballots counted.
Watch Live: Trump holds news conference to end G7 summit in France
President Trump is holding a news conference to wrap up the Group of Seven summit in France.
Vance says text of U.S.-Iran deal will be released Friday "at the latest"
Vice President JD Vance said on "CBS Monrings" that the Trump administration wants "to tell the American people what's in this deal."
Exclusive
"The most famous judge in America, for a while," on highs and lows of a Trump trial
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
HealthWatch
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Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
American doctor who recovered from Ebola back in U.S., says he's "feeling well"
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
They're uninsured after Obamacare became too costly. They're far from alone.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
World
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Exclusive
Is Russia burning through air defense missiles at an "unsustainable rate"?
Ukraine intelligence indicates the country's stepped up drone strikes are forcing Russia to burn through interceptor missiles, possibly faster than it can build new ones.
Vance says text of U.S.-Iran deal will be released Friday "at the latest"
Vice President JD Vance said on "CBS Monrings" that the Trump administration wants "to tell the American people what's in this deal."
Live
Trump says Iran deal not final, will resume bombing "if they don't behave"
President Trump warns he could order new strikes if Iran's leaders "don't behave," two days before the expected signing of a deal that remains vaguely defined.
Latest U.S. strike on alleged drug boat kills 1, leaves 2 survivors, Pentagon says
Critics have questioned the overall legality of the boat strikes as well as their effectiveness since the U.S. military began them in September 2025.
Senate rejects latest resolution to limit Trump's Iran war powers
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
Entertainment
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Entertainment
Durand Bernarr on new music
Durand Bernarr talks about collaborations in his music, why his new album's title is a tribute to his father and his music journey since his viral Grammy speech earlier this year.
Messi ties men's World Cup goals record with first World Cup hat trick
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
America250 announces concert headliners, host
Chris Stapleton and The Smashing Pumpkins are set to headline America250's "America's Block Party Concert," with Queen Latifah set to host. Rosie Rios, the chair of America250, joins CBS News 24/7 with more.
A look at the adaptation of "I Will Find You"
Harlan Coben talks about casting for the Netflix adaptation of his 2023 bestselling novel "I Will Find You." The series stars Sam Worthington, who describes how fatherhood impacted him in his role and how he sees his character.
"Star Wars" lightsaber and more iconic film props going up for auction
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Technology
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Want to start a business? AI can help, business owners say
AI is slashing the cost of starting and running a business. "Everything has decreased in cost and increased in speed," one entrepreneur said.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
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.
Anthropic to meet Trump officials, Axios says
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
U.K. announces plan to ban social media for children under 16
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Crime
Rex Heuermann sentenced to life in prison
Rex Huermann, the man who pleaded guilty to a series of murders known as the Gilgo Beach serial killings, has been sentenced to life in prison without the possibility of parole. CBS News' Shanelle Kaul reports.
5 arrested in White House UFC attack plot
The FBI says it foiled a plot to attack Sunday's UFC event at the White House. Court records detail an alleged plot to use drones carrying explosives and snipers to target certain event attendees. CBS News' Katrina Kaufman has the latest.
Gilgo Beach serial killer to be sentenced
Rex Heuermann, the man who pleaded guilty in April to the Gilgo Beach murders, is set to be sentenced on Wednesday. Tom Hanson reports on how the case unfolded.
Luigi Mangione's lawyers will argue psychiatric defense in state murder trial
Luigi Mangione's lawyers will argue that he was suffering from an extreme emotional disturbance when he allegedly killed UnitedHealthcare CEO Brian Thompson.
Rex Heuermann sentenced to life in prison for Gilgo Beach serial killings
Rex Heuermann was sentenced to life in prison without the possibility of parole for the series of murders known as the Gilgo Beach serial killings.
Space
More Space
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
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?
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
Rex Heuermann sentenced to life in prison
Rex Huermann, the man who pleaded guilty to a series of murders known as the Gilgo Beach serial killings, has been sentenced to life in prison without the possibility of parole. CBS News' Shanelle Kaul reports.
Vance says Iran deal text to be public soon
"We want to tell the American people what's in this deal," Vice President JD Vance said on "CBS Mornings," adding that the public can expect to see the contents of the deal between Wednesday and Friday. Ed O'Keefe reports, and Imtiaz Tyab has more on President Trump's comments about Israeli Prime Minister Benjamin Netanyahu.
Trump-backed candidate loses major GA runoff
Lt. Gov. Burt Jones entered the Republican runoff for Georgia governor as the frontrunner, backed by President Trump, but billionaire healthcare executive Rick Jackson has won the runoff, according to a CBS News projection. Jackson will face Democrat Keisha Lance Bottoms in the November general election. CBS News political director Fin Daniel Gómez reports.
Risks of tanmaxxing
Dermatologist Dr. Rachel Nazarian joins "CBS Mornings" to break down risks of tanmaxxing, where people maximize their exposure to the sun for the darkest possible tans.
Aid workers try to control spread of Ebola
There are more than 800 confirmed cases of Ebola in central Africa and nearly 200 of those patients have died. Ramy Inocencio has more on the effort to control the spread.