U.S. stocks slump as investors continue to fret over Fed plans
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Inflation
Job openings rose in July after 3 months of declines
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
Food bank demand spikes amid inflation
High food prices are making it difficult for many families to afford even basic groceries. Food banks across the country are feeling the impact, with long lines as more families struggle to make ends meet. Janet Shamlian has more.
White House adviser weighs in on inflation fears
Federal reserve chair Jerome Powell has warned there will be "some pain" for Americans in the fight to reduce inflation. Gene Sperling, senior adviser to the president, joins CBS News' John Dickerson to discuss the state of the economy.
Markets cautious after Fed chair's remarks
Investors remain hesitant after Federal Reserve Chair Jerome Powell's Friday remarks on inflation triggered a massive sell-off. CBS News' Tanya Rivero speaks with Joe Saluzzi, partner and co-founder at Themis Trading, about how the markets are reacting.
Stocks close lower, adding to Friday's steep losses
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
Stock market drops after Fed chair's speech
The Dow Jones Industrial Average fell more than 1,000 points Friday after Federal Reserve Chair Jerome Powell said the Fed will continue raising interest rates to tame inflation. Colby Smith, a U.S. economics editor for the Financial Times, joins CBS News' Catherine Herridge to discuss.
Fed chair’s remarks trigger market sell-off
Federal Reserve Chair Jerome Powell’s remarks on inflation triggered a massive sell-off on Wall Street. Melissa Armo, owner and founder of The Stock Swoosh, breaks down why investors aren’t thrilled with the Fed chair’s comments on a possible interest rate hike.
Stocks fall amid fears of rate hikes
Wall Street ended the week with its worst day in months. The Dow Jones fell more than 1,000 points with all three major indexes off more than 3%. Nikki Battiste reports.
Powell warns fighting inflation could bring “pain”
Federal Reserve Chair Jerome Powell signaled the Fed will likely continue raising interest rates to combat inflation. Yahoo Finance columnist Rick Newman reacts to Powell’s comments and explains how investors will likely react.
Inflation cools as U.S. consumer prices rose 6.3% in July
Inflation eased last month as energy prices tumbled, according to a report closely watched by the Federal Reserve.
Powell says Fed could keep lifting rates "for some time"
While higher borrowing costs will hurt, failure to ease inflation "would mean far greater pain," Federal Reserve chief says.
Analyzing consumer spending trends
Despite higher prices, consumer spending remains strong. But what Americans are spending their money on has changed. Jaclyn Peiser, a retail reporter for The Washington Post, joins CBS News to discuss how consumer trends have changed in response to the economic climate.
The rise of side hustles amid inflation
CBS News' Anne-Marie Green and Errol Barnett talk with Alejandro Chavarria, Erin Welsh and Pamela Ortiz, who are each pursuing side hustles, as part of CBS News' Uncertain Economy series. More and more Americans are taking on extra work as they struggle to make ends meet amid rising gas and grocery prices due to inflation.
Analyst explains decline in housing sales
Home prices fell for the first time in 3 years last month, marking the sharpest decline since 2011. Real estate analyst Erin Sykes joins "CBS News Mornings" to discuss the latest.
U.S. unemployment claims fall as GDP shrinks
The number of Americans filing for first-time unemployment benefits dropped last week. Meanwhile the Department of Commerce released updated gross domestic product figures for the second quarter of 2022. Yahoo Finance senior columnist Rick Newman joins CBS News to discuss these and the mortgage market.
Latest GDP figure eases concern about imminent U.S. recession
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
Biden says student loan forgiveness will help economy
President Biden announced his plan to forgive up to $20,000 in student loan debt for millions of Americans. But, some lawmakers and economic experts have raised concerns over its potential impact on inflation and the cost of college tuition. CBS News correspondent Christina Ruffini joined CBS News' Caitlin Huey-Burns on "Red and Blue."
How the student loan relief plan will work
President Biden unveiled his plan to cancel billions of dollars in student loan debt. It will impact millions of borrowers earning less than $125,000 a year. Roy Paul, executive director of Cents Ability, joins CBS News to discuss how the plan will work and its economic impact.
Economic impact of cancelling student debt
President Biden unveiled his plan to cancel billions of dollars in student loan debt, saying it will benefit 43 million Americans earning less than $125,000 a year. Pell Grant recipients will receive up to $20,000 in relief, while other borrowers can get up to $10,000 in debt cancellation. The pause on federal loan payments will also be extended until the end of the year. Roy Paul, executive director of Cents Ability, joins CBS News to discuss the economic impact of this plan.
Protests challenging Haiti's prime minister
Thousands of protesters took the streets of Haiti's capital calling for the resignation of Prime Minister Ariel Henry. It comes as the country deals with a surge in crime and rising inflation. The Haitian Times' Macollvie Neel joined CBS News with a look at the current economic situation there.
Americans worry a recession is coming
About 69% of Americans are worried the U.S. will be in a recession by the end of next year, a survey conducted by Bankrate found. About 41% of people say if a recession happens, they are not prepared. Mark Hamrick, senior economic analyst at Bankrate, joins CBS News to discuss how people should be preparing for a possible recession.
Here are the least and most expensive Big Macs in U.S.
Like everything else, the cost of fast food is rising, but in some states it's more affordable than others.
First-time food bank users
For our MoneyWatch series "The Uncertain Economy," CBS News' Lana Zak visited a food bank in Baltimore to take a look at how people are coping with increased food prices.
Stock market slows after Monday sell-off
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
Live
Iran war keeps Strait of Hormuz paralyzed and oil prices over $100
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
Who won Oscars for 2026? See the full winners list here
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
U.S. searches for answers to Iran's arsenal of cheap drones
The Iran war is testing the U.S. military's ability to combat Iran's drones in a cost-effective way. Emerging laser tech, designed to zap drones out of the sky, may help.
Exclusive
U.S. intel shows Iran's late leader was wary of son in power, sources say
U.S. intelligence has circulated to President Trump's inner circle that Iran's late supreme leader had misgivings about his son replacing him, viewing Ayatollah Mojtaba Khamenei as not very bright.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Suspect who played key role in "El Mencho" raid is arrested
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said .
Weather threats bring blizzard conditions, early heat wave to parts of U.S.
A severe weather front has dumped heavy snow on the Upper Midwest, caused thunderstorms in the South and threatens Mid-Atlantic states with rain and possible tornadoes.
5th member of Iran women's soccer team changes mind on asylum in Australia
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
Exclusive
FCC Chair Brendan Carr says broadcast licenses are not a "property right"
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump's criticisms of media coverage of the war in Iran.
U.S.
More U.S.
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Women's March Madness brackets are set
The top 16 seeds in the 68-team field will host first- and second-round games, with the regional rounds being played at two neutral sites for the fourth straight year.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
U.S. beats Dominican Republic 2-1 to advance to WBC final
The United States will face the winner of Monday's semifinal between Italy and Venezuela in Tuesday's World Baseball Classic title game.
MoneyWatch
More MoneyWatch
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
How would escorting oil tankers through Strait of Hormuz work?
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Chart shows what you're paying for when you buy a gallon of gas
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
High oil prices are boosting airfares. These tips could save you money.
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
These 2 bills would erase income taxes for millions of Americans
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Politics
More Politics
Crenshaw on primary loss: "Are you going to believe everything you read online?"
Rep. Dan Crenshaw, whose term as representative of Texas' 2nd congressional district is set to end following his loss in the Republican primary earlier this month, appeared on "Face the Nation with Margaret Brennan" on Sunday.
Full transcript of "Face the Nation with Margaret Brennan," March 15, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and Rep. Dan Crenshaw join Margaret Brennan.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan," March 15, 2026
The following is the transcript of the interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," March 15, 2026
The following is the transcript of the interview with National Economic Council Director Kevin Hassett that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
Transcript: Rep. Dan Crenshaw on "Face the Nation with Margaret Brennan," March 15, 2026
The following is the transcript of the interview with Rep. Dan Crenshaw, Republican of Texas, that aired on "Face the Nation with Margaret Brennan" on March 15, 2026.
HealthWatch
More HealthWatch
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Disease once linked to mining hits workers in countertops industry
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
World
More World
Suspect who played key role in "El Mencho" raid is arrested
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
Ecuador launches U.S.-backed anti-drug operations: "We're at war"
The operation marks the latest joint show of force against drug cartels in the South American country.
Live
Iran war keeps Strait of Hormuz paralyzed and oil prices over $100
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
5th member of Iran women's soccer team changes mind on asylum in Australia
A fifth of seven members of the Iran women's soccer team who accepted refugee visas to stay in Australia has changed her mind, a sport official says.
U.S. beats Dominican Republic 2-1 to advance to WBC final
The United States will face the winner of Monday's semifinal between Italy and Venezuela in Tuesday's World Baseball Classic title game.
Entertainment
More Entertainment
"All the Empty Rooms" wins Oscar for memorializing kids killed in school shootings
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
Movie theaters still struggling with attendance
The North American box office grossed $9 billion last year, far below pre-pandemic numbers. One survey found only half of Americans said they saw a movie in theaters last year. Gwen Baumgardner reports.
Tie at 2026 Oscars for Best Live-Action Short marks 7th such rare award moment
As Kumail Nanjiani took the stage to announce the winner for Best Live-Action Short at the 98th annual Academy Awards, the actor exclaimed: "And the Oscar goes to ... it's a tie."
Who won Oscars for 2026? See the full winners list here
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
3/15: Sunday Morning
Hosted by Mo Rocca. Featured: Hollywood, the Dream Factory; "Peaky Blinders" actor Cillian Murphy; Marc Jacobs and Sofia Coppola; John Mayer and McG preserve a Hollywood landmark; a Russian schoolteacher's resistance documented in "Mr. Nobody Against Putin"; and a tribute to documentary filmmaker Frederick Wiseman.
Technology
More Technology
Technology
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
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.
3 teens took part in a weeklong experiment to curb screen time. It worked.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
How Pentagon-Anthropic AI dispute escalated
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
Science
More Science
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Crime
More Crime
Suspect who played key role in "El Mencho" raid is arrested
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
Ecuador launches U.S.-backed anti-drug operations: "We're at war"
The operation marks the latest joint show of force against drug cartels in the South American country.
Murder-for-hire scheme uncovered in investigation of slain teacher
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Players Championship start delayed amid manhunt for murder suspect
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Judge in Charlie Kirk murder case makes ruling on media access
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
Space
More Space
Space
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
Latest Galleries
More Latest Galleries
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
Iran foreign minister on U.S. negotiations
Iranian Foreign Minister Abbas Araghchi contradicted President Trump's claims about Tehran seeking a deal to end the war in the Middle East. CBS News' Olivia Rinaldi and Ramy Inocencio report.
Trump presses Strait of Hormuz to reopen
President Trump is calling on other countries to help reopen the Strait of Hormuz, a narrow waterway south of Iran that's crucial to moving oil tankers in and out of the Persian Gulf. Imtiaz Tyab has the latest.
Israel strikes Tehran as Iran fires back
Israel attacked Tehran overnight as explosions continue across Lebanon against Hezbollah. Meanwhile, Iran and Hezbollah launched one of their most intense rocket and missile strikes across Israel since fighting began. Charlie D'Agata has the latest on the Iran war.
Airline CEOs ask Congress to fund DHS
As the partial government shutdown continues, travelers are dealing with flight cancellations and long security lines at some airports due in part to staffing issues. On Sunday, airline CEOs sent a letter to Congress calling on politicians to reach a deal to fund DHS.
Eye Opener: Storm brings record-breaking snow
Winter isn't over yet as a late-season storm drops record-breaking snow in parts of the Midwest. Plus, President Trump demands help to keep the Strait of Hormuz open as oil prices rise. All that and all that matters in today's Eye Opener.