U.S. economic growth slows down
U.S. economic growth slowed down in the second quarter of 2026. CBS News business analyst Jill Schlesinger weighs in.
Interest Rates
Stocks fall as Fed keeps interest rate steady
Wall Street saw its roughest day of 2026 as Federal Reserve chair Kevin Warsh announced that interest rates would remain the same, despite some dissent within the Federal Open Market Committee. CBS News' Kelly O'Grady explains more.
Dow has worst day since April 2025
Investors reacted sharply on Wednesday to the Federal Reserve's decision to leave interest rates unchanged amid persistent inflation and spikes in energy prices. Emily Russell, commentary and policy editor at Barron's, joins with analysis.
3 Fed members voted to hike interest rates
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, but the decision was not unanimous: three members voted to raise rates by a quarter of a percentage point. CBS News MoneyWatch correspondent Kelly O'Grady joins with analysis.
Dow closes down over 1,000 points
Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Fed votes to hold interest rates steady
The Federal Reserve has voted to keep interest rates steady at the 3.5% to 3.75% target range despite concerns about inflation and oil prices. The decision was not unanimous. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Federal Reserve meets over interest rates
The Federal Reserve is set to consider whether to raise interest rates amid stubborn inflation pressures and oil price volatility. CBS News contributor J.D. Durkin has more.
Will the Fed increase interest rates?
The Federal Reserve is widely expected to leave interest rates unchanged, but some believe inflation warrants a rate hike. CBS News' Kelly O'Grady has more.
Global oil prices hover around $90 per barrel
Global oil prices are hovering around $90 per barrel as the U.S.-Iran conflict remains volatile. Meanwhile, the Federal Reserve is set to make an interest rate decision on Wednesday. Madison Mills, a senior AI reporter for Axios, joins with more.
What to expect from next Fed Reserve meeting
The Federal Reserve is set to meet next week amid economic strains from the renewed and ongoing conflict with Iran, including higher oil prices. Ann Berry, the CEO of Threadneedle, joins with more on what to expect.
Why Fed may raise interest rates this year
The Federal Reserve's preferred inflation gauge climbed to 4.1% in May, its highest level in more than three years. Greg Robb, economics editor at MarketWatch, joins with analysis.
PCE inflation index hit 4.1% in May
May's personal consumption expenditure index, the Federal Reserve's preferred inflation gauge, rose 4.1% year to year, the highest level in three years. CBS News senior business and tech correspondent Jo Ling Kent has more.
Key inflation gauge at highest level since 2023
The Federal Reserve's preferred inflation gauge climbed to 4.1% in May, its highest level in more than three years. Josh Schafer, Barron's Investor Circle Newsletter editor, joins with analysis.
Fed keeps interest rates steady
As was widely expected, the Federal Reserve unanimously voted to keep interest rates unchanged on Wednesday. CBS News coordinating producer Richard Escobedo has more details.
Warsh announces plan to reshape Federal Reserve
The Federal Reserve unanimously voted Wednesday to keep interest rates unchanged. It was the first rate decision under the new chair, Kevin Warsh. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Dow falls after Fed holds interest rates steady
The Federal Reserve maintained its benchmark interest rate on Wednesday in its first meeting with Kevin Warsh as chair. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
Fed votes to leave interest rates unchanged
The Federal Reserve board voted Wednesday to leave interest rates unchanged in its first decision since Kevin Warsh took over as chair. CBS News' Kelly O'Grady has more.
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.
Fed expected to keep interest rates steady
Investors expect the Federal Reserve to keep its current interest rate steady on Wednesday as new chair Kevin Warsh helms his first meeting. Barron's reporter Josh Schafer has more on Warsh and the rate decision.
Expectations of Fed interest rate decision
The Federal Reserve on Wednesday will hand down its first interest rate decision under its new chairman, Kevin Warsh. It comes as inflation continues to rise. Kelly O'Grady explains how the outcome could impact you.
Warsh prepares for Federal Reserve meeting
Federal Reserve Chair Kevin Warsh is set to lead his first meeting and announce what's next for the nation's interest rate. CBS News' Kelly O'Grady reports.
What May inflation signals about state of economy
Inflation in the U.S. accelerated in May to its highest level in more than three years. CBS News' Kelly O'Grady breaks down the numbers.
Trump visits Wisconsin amid jobs report
The Bureau of Labor Statistics released the May jobs report on Friday, with numbers that were significantly higher than experts' projections. President Trump traveled to Wisconsin to meet with dairy farmers in an attempt to energize his supporters. CBS News' Kelly O'Grady and Nikole Killion have more.
Expert: Warsh has "difficult job in front of him"
President Trump on Friday hosted a swearing-in ceremony for the new Federal Reserve Chair, Kevin Warsh. Jon Hilsenrath, visiting scholar at Duke University, joins with analysis on what Warsh will face in the coming months.
Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
Live
Iran war appears to expand to Egypt's coast as drones hit gas port
Drone strikes hit gas vessels at an Egyptian port on the Mediterranean, as a poll shows little American support for the five-month war with Iran.
Trump says he may pull Blanche's nomination until 2 Senate critics leave office
President Trump said Todd Blanche will remain acting attorney general as a holdup on his nomination continues.
Father of Apalachee High School shooter sentenced to 15 years in prison
Days after his son was sentenced, the father of the Apalachee High School shooter Colt Gray, is in court for his own sentencing hearing.
Peptide vendor sentenced to nearly 6 years in prison: "An incredible trail of harm"
A federal judge sentenced the owner of a peptide company to nearly six years in prison after finding the business deceived customers and sold products that were adulterated with steroids.
U.S. economy slowed in second quarter as Iran war weighs on growth
Dconomic activity weakened between April and June as energy costs surged, new government data shows.
Saudi, Israeli leaders try to shape Trump's decisions on Iran conflict
As conflict potentially expands in the region, Trump met with the Saudi defense minister and with Benjamin Netanyahu. The Israeli prime minister counseled Trump on three options for the war.
Lindsay Clancy jury hears from first responders from day 3 kids died
Ten first responders from the day Lindsay Clancy killed her children took the stand during her Massachusetts murder trial.
First on CBS
4 major Latino organizations joining forces to mobilize voters for midterms
CBS News has learned that four of the nation's largest Latino civic organizations are joining forces for the first time, combining their voter outreach operations ahead of the crucial 2026 midterms.
Afghan woman to fight U.S. efforts to deport her over "alien terrorist" claim
Nazira Haji Zada's lawyer argued that the Justice Dept. is violating her due process rights.
U.S.
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Stolen Civil War-era cannonballs found in suitcase at Alabama airport
Law enforcement officials say a set of stolen Civil War-era cannonballs was discovered in a passenger's suitcase during a routine security screening at Alabama's Gulf Shores International Airport.
Hair sample found at Nancy Guthrie's home inconclusive as search hits 6-month mark
A hair sample found at the home of Nancy Guthrie came back inconclusive after undergoing testing, Pima County Sheriff Chris Nanos revealed Thursday.
American Airlines makes its flight refund policy more restrictive
American Airlines is tightening its flight refund and cancellation policy. Here's what to know.
Netflix sued for allegedly losing unreleased Nicolas Cage movie
Lawsuit alleges that a drive storing $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
CONCACAF rejects Infantino's World Cup investment plan after UEFA's boycott threat
North America's soccer body on Thursday rejected FIFA president Gianni Infantino's plan to sell stakes in the World Cup to private equity investors, joining European nations in opposition.
MoneyWatch
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American Airlines makes its flight refund policy more restrictive
American Airlines is tightening its flight refund and cancellation policy. Here's what to know.
Poll analysis on cost of living and whether political parties have answers
Big majorities of Americans have said their incomes are not keeping up with inflation, and feel the president isn't focused enough on the issue.
Netflix sued for allegedly losing unreleased Nicolas Cage movie
Lawsuit alleges that a drive storing $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Mortgage rates hit highest level in a year amid inflation fears
Mortgage rates are drifting higher as the Fed's interest rate decision and war in the Middle East fuel inflation concerns.
Want to save on student loan payments? Here's how to get a discount.
Federal student loan borrowers can qualify for a 1% discount on monthly interest charges if they enroll by the deadline. Here's what to know.
Politics
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Poll analysis on cost of living and whether political parties have answers
Big majorities of Americans have said their incomes are not keeping up with inflation, and feel the president isn't focused enough on the issue.
Saudi, Israeli leaders try to shape Trump's decisions on Iran conflict
As conflict potentially expands in the region, Trump met with the Saudi defense minister and with Benjamin Netanyahu. The Israeli prime minister counseled Trump on three options for the war.
Senate committee advances Dr. Erica Schwartz to be Trump's CDC director
If confirmed by the full Senate, Dr. Erica Schwartz would become the 22nd director of the Atlanta-based Centers for Disease Control and Prevention.
First on CBS
4 major Latino organizations joining forces to mobilize voters for midterms
CBS News has learned that four of the nation's largest Latino civic organizations are joining forces for the first time, combining their voter outreach operations ahead of the crucial 2026 midterms.
Afghan woman to fight U.S. efforts to deport her over "alien terrorist" claim
Nazira Haji Zada's lawyer argued that the Justice Dept. is violating her due process rights.
HealthWatch
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Senate committee advances Dr. Erica Schwartz to be Trump's CDC director
If confirmed by the full Senate, Dr. Erica Schwartz would become the 22nd director of the Atlanta-based Centers for Disease Control and Prevention.
Millions of kids have caffeine in their diet. It's not all coming from soda.
On any given day, kids consume an average of 19.4 milligrams of caffeine, which is about two-thirds of what's in a can of Coke, according to a new report.
Extended Interview: Jay Bhattacharya
Rob Gutman speaks with Jay Bhattacharya, director of the National Institutes of Health and acting director of the CDC, about Dr. Anthony Fauci's actions during the pandemic, the possible origins of COVID-19, vaccines and more.
Acting CDC director on Fauci's testimony
Dr. Jay Bhattacharya, the director of the National Institutes of Health and the acting director of the Centers for Disease Control and Prevention spoke with Matt Gutman about Dr. Anthony Fauci's hearing on Wednesday and other health issues that affect many Americans.
Fauci invokes the Fifth over 100 times
Dr. Anthony Fauci faced an angry Senate hearing on Wednesday, with Republicans confronting him over diary entries and his handling of the government's response to the COVID-19 pandemic. Nikole Killion has more.
World
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CONCACAF rejects Infantino's World Cup investment plan after UEFA's boycott threat
North America's soccer body on Thursday rejected FIFA president Gianni Infantino's plan to sell stakes in the World Cup to private equity investors, joining European nations in opposition.
Spain deploys military to Morocco border after migrant crossings, 9 deaths
Spain will deploy its military to Ceuta to help restore order at its border with Morocco after local authorities in Ceuta had asked the central government in Madrid for reinforcements.
Saudi, Israeli leaders try to shape Trump's decisions on Iran conflict
As conflict potentially expands in the region, Trump met with the Saudi defense minister and with Benjamin Netanyahu. The Israeli prime minister counseled Trump on three options for the war.
European teams boycott FIFA over plan to sell World Cup stake to investors
A source close to Joshua Kushner's firm tells CBS News there's no politics behind FIFA's bid to draw private investment, but Europe's soccer powerhouses are crying foul.
U.K. village plans independence vote in protest over migrant housing plans
The English village of Piddington is planning a symbolic referendum to demand independence from the U.K. over plans to house people seeking asylum at a disused military barracks.
Entertainment
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Entertainment
From the archives: Spider-Man creator Stan Lee
The creator of such superheroes as Spider-Man, Iron Man, the Avengers and the Fantastic Four, Stan Lee (1922-2018) was a comic book genius whose characters made him a superhero himself to legions of fans. In this report that originally aired Jan. 17, 2016, Lee talked with "Sunday Morning" correspondent Lee Cowan about his marvelous life story that, fittingly, was published in comic-book form.
Netflix sued for allegedly losing unreleased Nicolas Cage movie
Lawsuit alleges that a drive storing $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
From the archives: "Once" songwriter Glen Hansard
Irish singer-songwriter Glen Hansard, an Oscar-winner for "Once" (which became a Tony Award-winning musical), died July 29, 2026 at age 56. In this March 17, 2013 "Sunday Morning" profile, Hansard talked with Anthony Mason about growing up as a street performer in Dublin, and his meteoric rise to fame as a member of the rock band The Frames and (with Markéta Irglová) half of the duo The Swell Season. Also: A web extra featuring Hansard busking on the streets of New York City.
BTS skipping the next Grammy Awards
BTS said they will not submit their latest album for Grammy consideration, which came after the group's yearslong hiatus to fulfill their mandatory military duty. Emily Curl explains why the group's decision may be connected to the academy adding a new category.
Actor Jared Leto facing allegations
Actor Jared Leto is facing allegations of criminal sexual conduct, which he has denied. In a new BBC documentary, four women accuse Leto of targeting them when they were underage. Lilia Luciano has the latest.
Technology
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Technology
Altman expresses support for AI slowdown
Emily Birnbaum, a corporate lobbying reporter at Bloomberg News, joins "The Daily Report" to discuss what OpenAI CEO Sam Altman's lobbying efforts in Washington, D.C., mean for the industry as he voices his support for pacing AI development.
OpenAI CEO meets with key Trump advisers
OpenAI CEO Sam Altman is meeting with high-ranking Trump administration advisers following his talks with lawmakers on Capitol Hill. This comes as some tech workers criticize the rapid development of AI, demanding that the government create new safety regulations. CBS News' Jo Ling Kent has more.
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.
Inside the advancements in AI
CBS News contributor Matt Shumer, a venture capitalist, told "CBS Mornings" artificial intelligence advancements are moving "way more quickly than anyone anticipated." Shumer addresses recent developments in AI and its impact on the workforce.
OpenAI interested in AI wearables
OpenAI's president says it is working on wearable and hardware options for its AI chatbots like ChatGPT. CNET editor-at-large Scott Stein joins CBS News to discuss this and other technology headlines.
Science
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Science
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.
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Crime
More Crime
Hair sample found at Nancy Guthrie's home inconclusive as search hits 6-month mark
A hair sample found at the home of Nancy Guthrie came back inconclusive after undergoing testing, Pima County Sheriff Chris Nanos revealed Thursday.
First responders testify in Lindsay Clancy trial
First responders testified Thursday in the trial of Lindsay Clancy, who admitted to killing her three children but pleaded not guilty to three counts of first-degree murder. CBS News correspondent Shanelle Kaul has the details.
Peptide vendor sentenced to nearly 6 years in prison: "An incredible trail of harm"
A federal judge sentenced the owner of a peptide company to nearly six years in prison after finding the business deceived customers and sold products that were adulterated with steroids.
Details on Colin Gray sentence
Colin Gray, father of Appalache High School shooter Colt Gray, was sentenced to 15 years in prison on Thursday for his part in the 2024 tragedy perpetrated by his son. CBS News legal contributor Rebecca Roiphe has more.
First case in Alien Terrorist Removal Court
The Department of Justice is seeking to deport the mother of a convicted ISIS supporter through the Alien Terrorist Removal Court, which has never before been used. CBS News legal reporter Katrina Kaufman has the story.
Space
More Space
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.
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.
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.
Latest CBS News Videos
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Latest CBS News Videos
Mass migration into Spain's Ceuta
Thousands of migrants streamed into the Spanish city of Ceuta on foot and by sea from Morocco on Thursday, as federal troops helped overwhelmed police. Several migrants were reported dead. Matt Gutman reports.
French wildfires threaten wine industry
Much of Europe is still dealing with heat and high winds that are fueling major wildfires. Those fires are threatening France's world famous wine region.y. CBS News' Ramy Inocencio reports and Ray Isle, executive wine editor at Food & Wine, joins "The Daily Report" to discuss the impact of the wildfires on the wine industry.
Altman expresses support for AI slowdown
Emily Birnbaum, a corporate lobbying reporter at Bloomberg News, joins "The Daily Report" to discuss what OpenAI CEO Sam Altman's lobbying efforts in Washington, D.C., mean for the industry as he voices his support for pacing AI development.
Latest on Todd Blanche's AG nomination
President Trump on Thursday threatened to temporarily pull Todd Blanche's nomination for attorney general amid opposition from Republican Senators John Cornyn and Thom Tillis. CBS News' Taurean Small has the details.
Democratic, GOP strategists on Blanche and more
President Trump on Thursday said he may pull his nomination of Todd Blanche for attorney general until GOP Sens. John Cornyn and Thom Tillis leave office. Political strategists Usamah Andrabi and Kevin Sheridan join "The Takeout" with analysis.