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.
Inflation
U.S. economy sees growth in Q3
Ryan Payne, president of Payne Capital Management, joined CBS News to discuss the latest U.S. economic indicators and what the third-quarter rise in the GDP means for consumers and the economy.
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 declines in November
Consumer confidence declined for a second straight month in November. Steve Odland, president and CEO of the Conference Board, joins CBS News to discuss what the latest Consumer Confidence Index means for the U.S. economy.
Nonprofit CEO reflects on how to honor Giving Tuesday
Tehma Smith Wilson, CEO of "The Door" in Baltimore, joins CBS News on Giving Tuesday to discuss how inflation has impacted the organization and what others can do to help.
U.S. consumer confidence falls in November
John Leer, chief economist for Morning Consult, joined CBS News' Anne-Marie Green and Vladimir Duthiers with a look at the latest index of U.S. consumer confidence, out Tuesday.
Giving back on Giving Tuesday
For the last 10 years, Giving Tuesday has inspired millions to donate in support of various charities and nonprofit organizations. This year, donations have been lower as people struggle with rising consumer costs and economic uncertainty. Kristen Harris, the co-founder and CEO of Prevention Now, joined CBS News to discuss how inflation is impacting the work her organization does and how people can give back without giving money.
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.
MoneyWatch: Cyber Monday deals launch
With Black Friday over, Cyber Monday is back and is bigger than ever for shoppers. Consumer savings expert Andrea Woroch joined CBS News to talk about the best deals this season.
Shops hope for boost from Small Business Saturday
Shops nationwide are hoping that shoppers will come out in force on Small Business Saturday, as the holiday shopping season kicks off. Michael George has more.
Christmas tree prices expected to rise
As with most items this year, inflation is expected to hike up the cost of Christmas trees this holiday season. Nonetheless, demand for the holiday tradition remains high. Danya Bacchus has more.
Inflation weighs on shoppers despite Black Friday
This holiday weekend, a record amount of money will be spent, but many shoppers are being picky and looking for bargains. The economy and inflation are at the top of shoppers' minds, according to the National Retail Federation. Elise Preston has more.
Shoppers expected to spend more at small businesses this holiday season
It's estimated more gift buyers are likely to shop on Small Business Saturday than Black Friday this year.
What to expect on Black Friday
Consumer spending online is robust, and stores across the U.S. have already implemented holiday discounts. This prompts the question: is Black Friday dead? John Quelch, the dean of the University of Miami Herbert Business School, joins CBS News to discuss.
Tips for holiday shopping
This year is expected have the biggest holiday shopping season since the pandemic. Emily Irwin, the managing director and senior director of advice for Wells Fargo's wealth and investment management, joined CBS News to share tips on how to shop like a finance pro on Black Friday and Cyber Monday.
Taste test: Generic foods for Thanksgiving
Making Thanksgiving dinner will cost more this year, so CBS News compared the prices of brand name and generic ingredients used to make popular turkey day dishes. Anne-Marie Green and Vladimir Duthiers put them to the test and talked to Lead Chef, Culinary Arts at the Institute of Culinary Education Chef Barbara Rich about where to cut costs and tips for a delicious Turkey Day dinner.
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.
Impacts of inflation on Thanksgiving turkey
With Thanksgiving around the corner, CBS News correspondent Janet Shamlian visits a family farm in rural Indiana to report on the impacts of inflation on turkeys.
Inflation raises cost of Thanksgiving dinner
New York Times food correspondent Kim Severson joins CBS News' Anne-Marie Green and Dana Jacobson with a breakdown of how much more your Thanksgiving dinner will cost this year thanks to inflation.
Americans delaying financial milestones
From the coronavirus pandemic to inflation, Americans have spent the last two-and-a-half years delaying big purchases and even avoiding events due to economic uncertainty. Ted Rossman, senior industry analyst at Bankrate, joins CBS News to discuss a new survey that shows where people are cutting back.
Holiday shopping season begins
With high inflation, holiday shopping could be trickier than years past. Nerdwallet spokesperson and lead writer Sara Rathner joins "CBS News Mornings" with tips on how to navigate the season.
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.
UK Chancellor announces recession
In autumn statement British Chancellor, Jeremy Hunt, admitted the UK was in recession as the government plans to prioritize stability, growth and public services. CBS News Foreign Correspondent, Ramy Inocencio, joins 'CBS News Mornings' with more on the Autumn Statement.
U.K. economy in recession for first time since 2008
The country's finance minister made the announcement as he unveiled a litany of tax hikes and other measures to help Britain "face into the storm."
Live
Trump threatens Iran with "decapitation" as ship struck in Strait of Hormuz
Trump threatened Tehran with "decapitation" Monday, as a cargo ship in the Strait of Hormuz was "hit by an unknown projectile," authorities say.
Trump says Jeanine Pirro "choked" in dropping Reflecting Pool cases
"She folded like an umbrella," President Trump said of Jeanine Pirro, U.S. Attorney for the District of Columbia.
Justice Dept. moves to dismiss Jan. 6 class action lawsuit
The Justice Department argued that the Jan. 6, 2021, rioters had until Jan. 6, 2023, to sue the federal government under the Federal Tort Claims Act, missing the deadline to file a lawsuit by over two years.
What to know about primaries in 5 states today: Michigan, Virginia and more
Voters are going to the polls Tuesday in five states: Michigan, Virginia, Missouri, Kansas and Washington.
Arson arrest in one of the devastating Spokane area wildfires
More than 700 buildings in the Spokane area have been destroyed and 400 more haven't been assessed, officials said as three fires burned in the area and an arrest was made in connection with one of them.
Trump raises concerns in call with Rep. Max Miller amid abuse allegations
Ohio Rep. Max Miller's reelection campaign has been upended by allegations that Miller assaulted his ex-wife, Emily Moreno, and their 2-year-old daughter.
Senate candidate Haley Stevens stands firm on backing U.S. military aid to Israel
Michigan Rep. Haley Stevens, one of two Democrats in the primary for her party's Senate nomination, stands firm on backing U.S. military aid to Israel and claims opponent Abdul El-Sayed "equivocates" on the issue.
More Lincoln Memorial Reflecting Pool charges dropped by Pirro's office
Since Friday, D.C. U.S. Attorney Jeanine Pirro's office has dropped charges against three more people accused of vandalism.
Twin Falls In-N-Out shooting suspect identified after 3 killed, 7 wounded
The suspect, identified as 24-year-old Chad Williams, died from a self-inflicted gunshot wound, police said.
U.S.
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What to know about primaries in 5 states today: Michigan, Virginia and more
Voters are going to the polls Tuesday in five states: Michigan, Virginia, Missouri, Kansas and Washington.
Trump raises concerns in call with Rep. Max Miller amid abuse allegations
Ohio Rep. Max Miller's reelection campaign has been upended by allegations that Miller assaulted his ex-wife, Emily Moreno, and their 2-year-old daughter.
More Lincoln Memorial Reflecting Pool charges dropped by Pirro's office
Since Friday, D.C. U.S. Attorney Jeanine Pirro's office has dropped charges against three more people accused of vandalism.
Arson arrest in one of the devastating Spokane area wildfires
More than 700 buildings in the Spokane area have been destroyed and 400 more haven't been assessed, officials said as three fires burned in the area and an arrest was made in connection with one of them.
Justice Dept. moves to dismiss Jan. 6 class action lawsuit
The Justice Department argued that the Jan. 6, 2021, rioters had until Jan. 6, 2023, to sue the federal government under the Federal Tort Claims Act, missing the deadline to file a lawsuit by over two years.
MoneyWatch
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25 states sue Trump administration over latest round of tariffs
New U.S. tariffs are hurting consumers and businesses, California's attorney general said in filing suit to block levies on 60 countries.
Trump says oil companies should cut gas prices after making "too much money"
President Trump said U.S. oil companies made "too much money" from high oil prices. "I'm not happy about it," he added.
What to watch for in SpaceX's first public earnings report this week
SpaceX will release its first earnings report as a public company on Tuesday in a key test for the company's stuttering stock price.
JPMorgan Chase to invest $750 billion in boosting housing and homebuying
JPMorgan Chase said the investment will include financing for 1 million affordable housing units and assistance to 500,000 people in buying homes.
Federal workers sour on government work, decrying eroding job security
Nearly two-thirds of current and retired U.S. government workers said they wouldn't re-enter public service, according to a recent survey.
Politics
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Senate candidate Haley Stevens stands firm on backing U.S. military aid to Israel
Michigan Rep. Haley Stevens, one of two Democrats in the primary for her party's Senate nomination, stands firm on backing U.S. military aid to Israel and claims opponent Abdul El-Sayed doesn't recognize Israel's right to exist.
What to know about primaries in 5 states today: Michigan, Virginia and more
Voters are going to the polls Tuesday in five states: Michigan, Virginia, Missouri, Kansas and Washington.
Trump raises concerns in call with Rep. Max Miller amid abuse allegations
Ohio Rep. Max Miller's reelection campaign has been upended by allegations that Miller assaulted his ex-wife, Emily Moreno, and their 2-year-old daughter.
More Lincoln Memorial Reflecting Pool charges dropped by Pirro's office
Since Friday, D.C. U.S. Attorney Jeanine Pirro's office has dropped charges against three more people accused of vandalism.
Justice Dept. moves to dismiss Jan. 6 class action lawsuit
The Justice Department argued that the Jan. 6, 2021, rioters had until Jan. 6, 2023, to sue the federal government under the Federal Tort Claims Act, missing the deadline to file a lawsuit by over two years.
HealthWatch
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HealthWatch
Michigan reports 2 cyclosporiasis deaths
Two people have died of cyclosporiasis in Michigan, officials said Monday, as the state battles the worst outbreak of the disease in the country. Carter Evans has the details.
Michigan health officials report 2 deaths among cyclosporiasis cases
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
RFK Jr., Oz blame ACA enrollment drop on fraud, but experts cite rising costs
Rising premiums forced many people in Affordable Care Act plans to give up their coverage. But the Trump administration claims a huge drop in enrollment is almost entirely due to its fraud crackdown.
She went to "hell and back" for a diagnosis. Then her sister showed symptoms.
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
Peptide vendor sentenced for "trail of harm"
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
World
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3 lions die at zoo as Japan bakes in "cruelly hot" summer
Ten of the 16 lions in Tama Zoological Park have suffered symptoms such as "loss of appetite and decreased activity" since mid-July, and three lionesses died, the zoo said.
Ukrainian drone strike on Russian warehouses in Moscow region kills 5
Ukraine has conducted long-range strikes targeting civilian infrastructure in Russia, and in recent weeks stepped up attacks on warehouses belonging to the Russian e-commerce giant Wildberries.
Funeral held for family "wiped off the map" in Russian strike
At least two adults and four children were killed in the strike but the death toll could be higher as all the remains have not yet been formally identified.
Human remains exhumed at WWII massacre site in Ukraine
It is believed that 30 to 40% of the 50 remains so far discovered at the site were children.
Morocco blames Ceuta border surge on misleading info spread online
Morocco is blaming a massive surge of migrants into Ceuta on various factors, including "malicious exploitation of digital platforms" and the spread of misleading information.
Entertainment
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Entertainment
Hollywood on hot streak at the box office
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
"My Favorite Person" takes over socials
A social media trend encouraging users to share what they love about their favorite person is bringing light to TikTok and other platforms.
Ariana Grande to step out of public eye
A representative for pop star Ariana Grande says the singer is planning to step out of the public eye after wrapping her ongoing Eternal Sunshine Tour amid "endless, ongoing public scrutiny." Grande has also dropped out of the London-based musical "Sunday in the Park with George," which is set to open next year.
New Spider-Man movie breaks box office records
At the box office, "Spider-Man: Brand New Day" swung to a massive $360 million in its domestic debut, making it the biggest opening weekend ever. Brooks Barnes, chief Hollywood correspondent for The New York Times, joins to discuss.
Why the 2027 Met Gala is already causing controversy
Designer John Galliano is known for his theatrical and dramatic designs, but his legacy is also marked by antisemitic and racist comments.
Technology
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Trump administration finalizes AI framework, official says
The order asks AI companies to share previews of powerful new models with the government before they are released to the public.
U.S. probes cyberattack on water systems
Lauryn Williams, the deputy director and senior fellow of the Strategic Technologies Program at the Center for Strategic and International Studies, joins to discuss the U.S. probe into Iran possibly targeting water systems in Michigan and Minnesota.
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.
Hugging Face CEO calls hack by rogue OpenAI model "very weird and unprecedented"
An artificial intelligence model that was being tested by OpenAI went rogue and hacked the firm Hugging Face on its own, in what Hugging Face CEO Clément Delangue called a "very weird and unprecedented" incident.
CEO of AI firm Hugging Face on OpenAI hack
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.
Science
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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.
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Crime
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Crime
Questions about Nancy Guthrie ransom notes
Pima County Sheriff Chris Nanos told CBS News last Thursday that he didn't have a ransom note saying Nancy Guthrie was dead. But one day later he released a note saying just that. CBS News' Anna Schecter reports.
New details in Idaho In-N-Out shooting
New information is coming out about the shooting at an In-N-Out restaurant in Idaho that killed three people over the weekend. CBS News' Lilia Luciano reports.
Sheriff in Nancy Guthrie case contradicted himself on ransom note
Investigators in the disappearance of Nancy Guthrie released two ransom notes, including one contradicting what the Arizona sheriff overseeing the case told CBS News.
Nancy Guthrie ransom notes released
Six months after Nancy Guthrie went missing, the Pima County, Arizona, sheriff has released two ransom notes, including one that claims Guthrie died "shortly after she was taken." Jonathan Vigliotti reports.
Deadly shooting at Idaho In-N-Out
Officials say three people were killed and seven were injured in a shooting at an In-N-Out in Idaho over the weekend. Officials believe the shooter acted alone and are investigating possible motives. Lilia Luciano reports.
Space
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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.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
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
Why Young People Don't Believe Hard Work Pays Off
A growing number of young Americans no longer believe that ambition and hard work lead to success. Jill Schlesinger, Mark Talercio, and special guest host Kayla Sabbagh of Greenspring Advisors explain why that mindset can become a self-fulfilling prophecy and why believing you have agency over your future is essential to both your financial success and your mental health. Plus: they respond to a fiery YouTube comment about inheritance, family expectations, and leaving your money to charity.
Hollywood on hot streak at the box office
"Spider-Man: Brand New Day" leapt straight to the top of the box office this weekend. Its $360 million opening weekend debut is the biggest in U.S. history. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss all the latest movie news.
Survey finds discontent among federal workers
According to the National Active and Retired Federal Employees Association, 64% of workers say it's unlikely they would choose a federal career again. CBS News MoneyWatch reporter Megan Cerullo has more.
Latest on In-N-Out Idaho shooting
Three people were killed by a 24-year-old gunman at an In-N-Out in Twin Falls, Idaho, on Saturday. Lilia Luciano breaks down what we know.
Fallout after OpenAI hacking incident
Matt Shumer, CBS News AI contributor, shares his thoughts on last month's incident where a rogue OpenAI model that was being tested hacked an outside company's data processing system.