Powell: Economy has "pushed right through" trade changes
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating producer Richard Escobedo has the latest.
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The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating producer Richard Escobedo has the latest.
President Trump touted his economic agenda this week as he reflected on one year back in office. Barron's reporter Sabrina Escobar joins "The Daily Report" to discuss where the economy stands right now.
President Trump boasted about his economic successes during the first year of his second term in the White House despite Americans' sentiments on high prices and inflation. CBS News' Fin Gómez and Javier E. David have more.
It's been one year since President Trump took the oath of office and became the United States' 47th president. CBS News executive director of elections and surveys Anthony Salvanto has new polling on how Americans feel a year into Trump's second term.
Most Republicans feel Trump has done more than expected, while others have views that are more mixed.
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
President Trump delivered remarks at the Detroit Economic Club on Tuesday, where he touted a strong U.S. economy. CBS News' Aaron Navarro has the latest.
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
New Consumer Price Index data depicts there was no change in inflation rates from November through December of 2025. Sam Goldfarb, a markets reporter for The Wall Street Journal, has more.
December's jobs report, released on Friday, caps off a sluggish year for employers and workers. The U.S. economy only added 50,000 jobs last month, making 2025 the worst year for job gains since 2020. But it's not all bad news. The unemployment rate dropped to 4.4% in December, marking a downward swing after rising to a four-year high in November.
The new jobs report showed hiring slowed in 2025. CBS News' Jill Schlesinger has more on the most recent economic data.
An American Airlines plane carrying 178 people caught fire on the tarmac after making an emergency landing at Denver International Airport; Google touts Gemma 3 as "most capable" A.I. model that runs on just one GPU.
With just one day left of trading before the new year, CBS News is taking a look at where things stand today and what might be driving the markets in 2026. Dallas Morning News business editor Javier David joins with more.
The minutes released Tuesday indicate that some Fed officials who supported the rate cut had reservations.
At a news conference on Monday, President Trump again stated his desire to fire Federal Reserve Chair Jerome Powell, whose term expires in May. While some contenders to replace him have been floated, the president has made clear he wants whoever the next head of the central bank is to continue cutting interest rates. Business reporter Erin Delmore joins with analysis.
Beef prices are up 15% compared to last year, while chicken and pork prices are only up around 1%. "CBS Saturday Morning" goes behind-the-scenes to figure out what's behind the spike.
Recent CBS News polling shows Americans have a bleak view of the state of the economy. CBS News correspondent Lana Zak has firsthand insight into how Americans are dealing with economic pressures this holiday season.
Gross domestic product grew 4.3% in the third quarter of 2025, indicating some small economic growth despite concerns over tariffs and inflation. CBS News contributor Javier David has more details.
According to new CBS News polling, more Americans attribute the state of the economy to President Trump rather than to former President Joe Biden. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Inflation, global conflicts, and other economic factors may be contributing to the sharp rise in gold and silver prices. CBS News contributor Javier E. David has more.
Top White House economic adviser Kevin Hassett said that President Trump's proposed $2,000 checks to Americans from tariff revenue would "have to be money that would be an appropriation," which would have to be approved by Congress.
Economists had expected CPI to rise at an annual rate of 3% last month.
Geoeconomics correspondent Erin Delmore joins CBS News to discuss the latest numbers on inflation.
The Consumer Price Index rose at an annual rate of 2.7% in November, lower than economists predicted, though there is a bit of an information gap due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady reports.
CBS MoneyWatch correspondent breaks down the economic shifts in the past five years that President Trump said were caused by the Biden administration during an address to the nation.
U.S. forces launched their third round of strikes this week on Iran, this time in retaliation for an attack on a commercial ship in the Strait of Hormuz, the Pentagon said.
The subpoenas were issued after the New York Times reported on alleged security concerns with the new Qatari-gifted Air Force One.
As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.
Congressman Ro Khanna said members of the Israel Defense Forces spoke with the settlers and moved a car to block the road.
More than 200 people at Camp Taum Sauk in Missouri, were rescued after 6 to 12 inches of rain fell along the Taum Sauk Reservoir.
Colt Gray is scheduled to appear in Barrow County Superior Court on July 24 for a plea hearing, court documents show.
Jayden Adams' death was confirmed by South Africa's minister of sport, arts and culture on Saturday.
The Africa Centres for Disease Control and Prevention said the outbreak is the fastest-growing Ebola outbreak recorded on the continent.
The Seattle Seahawks are being sold to the Khosla family in accordance with the wishes of late team owner Paul Allen, the team announced on Saturday.
The Seattle Seahawks are being sold to the Khosla family in accordance with the wishes of late team owner Paul Allen, the team announced on Saturday.
As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.
Colt Gray is scheduled to appear in Barrow County Superior Court on July 24 for a plea hearing, court documents show.
More than 200 people at Camp Taum Sauk in Missouri, were rescued after 6 to 12 inches of rain fell along the Taum Sauk Reservoir.
The subpoenas were issued after the New York Times reported on alleged security concerns with the new Qatari-gifted Air Force One.
As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
Apple alleges that OpenAI and two of its employees stole trade secrets and engaged in a "pattern of misconduct."
Good help is hard — and expensive — to find, according to a recruiting firm for private chefs, chauffeurs and other household workers.
Prices at the pump sank following a June ceasefire. But renewed conflict in the Middle East and other factors are driving fuel costs back up.
Congressman Ro Khanna said members of the Israel Defense Forces spoke with the settlers and moved a car to block the road.
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
A federal judge on Friday agreed to dismiss the convictions of four members of the far-right Proud Boys group for their actions in the Jan. 6 Capitol riot.
Graham Platner had until 5 p.m. on Monday to formally suspend his campaign or he would remain on the ballot in November.
The White House wants Iran to publicly acknowledge that shooting at the ships was a mistake.
The Africa Centres for Disease Control and Prevention said the outbreak is the fastest-growing Ebola outbreak recorded on the continent.
Jenney Bitner feared she wouldn't get to see her children grow up after a tumor in her brain revealed she had Stage IV melanoma.
Michigan health officials say the state's cyclosporiasis outbreak has grown to more than 1,500 cases.
Can a normal human handle soccer star Erling Haaland's calorific bonanza? CBS News' Leigh Kiniry found out the hard way.
Michigan is experiencing its largest outbreak of a parasitic infection, called cyclosporiasis, that causes severe diarrhea.
A chaotic bull run at Spain's San Fermin festival in Pamplona on Saturday left 13 people injured, including one runner who was pierced by a horn in the face.
Jayden Adams' death was confirmed by South Africa's minister of sport, arts and culture on Saturday.
The Africa Centres for Disease Control and Prevention said the outbreak is the fastest-growing Ebola outbreak recorded on the continent.
The fire has scorched some 25 square miles of forest and farmland, about the size of Manhattan.
A total of 22,141 fans wore the caps in London's Hyde Park on Friday ahead of his set at the British Summer Time festival.
Hundreds were rescued from flooding in Missouri. President Trump threatened to "decimate and destroy" Iran if they try to assassinate him. Plus, Barstool Sports' Dave Portnoy sat down with Kelly O'Grady to discuss his new book.
Dave Portnoy founded "Barstool Sports" after quitting a sales job he hated and deciding to strike out on his own.
James Hunter is a Grammy-nominated R&B artist known for his gritty voice and songwriting acumen. Here's The James Hunter Six with "A Sure Thing."
James Hunter is a Grammy-nominated R&B artist known for his gritty voice and songwriting acumen. Here's The James Hunter Six with "Gun Shy."
James Hunter is a Grammy-nominated R&B artist known for his gritty voice and songwriting acumen. Here's The James Hunter Six with "Here and Now."
Apple alleges that OpenAI and two of its employees stole trade secrets and engaged in a "pattern of misconduct."
A new report from AI detector Pangram found that AI-generated content is flooding socials like X and Reddit, with LinkedIn accounting for nearly two-thirds of all AI content detected. Pangram CEO and co-founder Max Spero joins CBS News to discuss his findings.
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.
A major database breach at James Dolan's Madison Square Garden arena revealed an apparent internal list tracking nearly 40,000 celebrities, according to a new report from WIRED. The report alleges that surveillance labels included "LGBTQIA," "DO NOT HOST," and evaluated individuals on a "risk" level. MSG claims the report is inaccurate. WIRED contributing editor Noah Shachtman joins "CBS News 24/7" to discuss his reporting.
Earlier this week, the Supreme Court said it would allow Texas to enforce a law requiring app stores to verify users' ages while the issue plays out in the lower courts. CBS News legal contributor Jessica Levinson breaks down the constitutional question.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
Colt Gray is scheduled to appear in Barrow County Superior Court on July 24 for a plea hearing, court documents show.
Teen football player Nolan Wells was found dead on a Mississippi island days after he vanished during a July Fourth outing. Wells' parents are searching for answers, saying that they don't believe their son would have stayed behind on the island by choice.
The weeklong pre-trial hearing for the man accused of killing conservative activist Charlie Kirk wrapped up on Friday with the defense calling one final witness to the stand. CBS News legal contributor Jessica Levinson joins with analysis.
Eight people have each been charged with conspiracy counts over a planned attack at the UFC event that was held at the White House in June. CBS News' Jake Rosen reports.
New details are emerging about what led to Lorenzo Salgado Araujo's death. The Mexican man was wrongfully shot and killed by U.S. Immigration and Customs Enforcement agents during a traffic stop in Houston, Texas. Shawna Mizelle has the latest.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Hundreds were rescued from flooding in Missouri. President Trump threatened to "decimate and destroy" Iran if they try to assassinate him. Plus, Barstool Sports' Dave Portnoy sat down with Kelly O'Grady to discuss his new book.
Eyewitnesses say Lorenzo Salgado Araujo did not threaten ICE agents before he was shot and killed during a vehicle stop, an attorney said, contradicting an agent's account. The Department of Homeland Security said that officers were looking for a different person when they stopped Salgado Araujo's vehicle.
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President Trump threatened to "decimate and destroy" Iran if they try to assassinate him. This comes as the U.S. and Tehran continue negotiations. Here's what to know about where things stand.
Baseball season is in full swing, and millions of fans are dreaming about their team winning -- and their favorite bleacher grub. Here are the most extreme eats and the creative combos that knock it out of the park.