Interest rates highest since 2007
The Federal Reserve pushed interest rates to the highest point since 2007 to combat inflation. Critics warn the hikes could lead to a recession. Nancy Cordes reports.
Interest Rates
Fed raises interest rates again
The Federal Reserve has raised its key interest rate another quarter of a percentage point, setting it at its highest level since 2007. Javier David, managing editor for business and markets at Axios, and Major Garrett, CBS News chief Washington correspondent, have more.
Fed decision on interest rates expected
A decision is expected Wednesday from the Federal Reserve on whether to raise interest rates again. CBS News reporter Sarah Ewall-Wice joined CBS News' Anne-Marie Green to discuss what to expect from the Fed and what Democratic lawmakers could do in regard to interest rates.
Federal Reserve poised to raise interest rates
The Federal Reserve is expected to raise interest rates Wednesday for the tenth consecutive time in just over a year. Rod von Lipsey, a managing director for UBS Private Wealth Management, joins Errol Barnett and Lana Zak to discuss the anticipated decision.
Rate hike expected Wednesday
The Dow Jones slid by more than 300 points Tuesday, as investors react to plunging regional bank shares. Landsberg Bennett, chief investment officer for Private Wealth Management, joined CBS News to discuss what the developments could mean for the economy going forward.
Will Fed raise interest rates again this week? Here's what to expect.
Central bank officials will announce on Wednesday if they are hiking the federal funds rate for a 10th consecutive time.
How markets reacted to bank seizure
Stocks closed flat Monday following the FDIC's seizure and sale of First Republic Bank. And the Fed is expected to make its latest decision on interest rates soon. CapWealth Chief Investment Officer Tim Pagliara joined CBS News to discuss what the developments mean for the market and economy going forward.
Army identifies soldiers killed in crash
The U.S. Army has identified three soldiers killed when two helicopters collided during a training mission in Alaska.
Regulators look to shore up troubled bank
Federal regulators are hoping to announce who will take over the troubled First Republic Bank before markets open Monday. Meanwhile, the Fed is expected to raise interest rates yet again as inflation remains high. Skyler Henry reports.
Consumer spending strong despite slowing GDP
The stock market closed in positive territory Thursday despite the latest GDP report from the the Commerce Department showing that the economy grew at an annual rate of only 1.1% in the first quarter of 2023. Lori Bettinger, president of BancAlliance, spoke with CBS News about what the latest GDP figures mean for investors and consumers going forward.
Pandemic's impact on commercial real estate
Victor Calanog, the head of commercial real estate economics for Moody's Analytics, joins Errol Barnett and Roxana Saberi to discuss the lasting effect the pandemic has had on commercial real estate. He details rising office space vacancy, what's shifted for storefronts, and more.
U.S. house prices up in February
New data released by the Federal Housing Finance Agency shows U.S. home prices spiked by half a percent in the month of February. Optimal Capital director of portfolio strategy, Frances Stacy, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the reasons behind the surge.
Mortgage rates rise. housing market tight
Mortgage rates continue to rise as housing inventory remains scarce. CBS News' Elaine Quijano and Meg Oliver are joined by Akin Oyedele, the deputy editor for investing at Insider.
What to know about college costs, loans
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the cost of paying for college. She shares what students and families need to know about financial aid packages, how high-interest rates could impact student loans, and some resources for students and families.
Stock market steady after earnings reports
EMG Advisors CEO and lead portfolio manager Will McDonough spoke with CBS News' Lana Zak and Lilia Luciano about how investors are reacting to earnings reports from Goldman Sachs and some other major companies.
Amid record high APRs, what's a good credit card interest rate?
Before applying for new plastic, look for offers in this range. And be willing to negotiate.
Inflation cools in March
The latest Consumer Price Index report shows inflation cooled last month. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to break down the latest data and how it could impact potential future interest rate hikes.
Inflation persists while employment remains strong
The latest jobs report from the U.S. Labor Department showed unemployment in March at just 3.5%. Americans remain concerned over the ongoing impact of incessant inflation amid high interest rates, with the average American spending more than $700 on a new car. Michael George has more.
U.S. job growth slows in March
Sarah House, a senior economist for Wells Fargo, joins CBS News' Vladimir Duthiers and Errol Barnett to discuss the March 2023 jobs report, what it means for the economy and how it could impact the Federal Reserve's future decisions on interest rates.
Silicon Valley Bank may have ignored warnings
Executives' decisions may have foreshadowed Silicon Valley Bank's downfall, new Washington Post reporting shows. Daniel Gilbert, who reports on the business of medicine for the Washington Post, joined Vladimir Duthiers and Anne-Marie Green to discuss the details.
Interest rates on car loans spike
High interest rates on car loans are impacting car sales. Keith Naughton, a reporter for Bloomberg News, shares more information on CBS News.
Fake job listings are a growing problem
Federal data shows there are more than 10 million job openings across the U.S. But a new report shows not all of those jobs really exist. CBS MoneyWatch associate managing editor Irina Ivanova joined Errol Barnett and Lana Zak to discuss.
3/29: Red and Blue
Congressional hearings held on bank failures, union busting and TikTok; How former Vice President Pence is responding to a judge's order to testify in the investigation into former President Donald Trump.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
Investors mull latest interest rate hike
CBS News business analyst Jill Schlesinger and J.D. Durkin, host of "The Street," join Errol Barnett and Elaine Quijano to discuss this week's market movers on Wall Street.
Live
Oil tops $100 per barrel as U.S. and Iran launch new attacks
The price of crude oil hit a 15-week high after the U.S. said it blew up 5 more Iranian oil tankers, triggering retaliation from Tehran.
Trump's trip delayed after emergency slide deploys on new Air Force One
President Trump's departure to Texas was delayed after an emergency slide on the new Air Force One deployed on the tarmac before he boarded.
Afghan girls who study in secret want you to read their "letters to the world"
21 Afghan girls, bravely defying the Taliban by continuing to study, handed CBS News letters containing their stifled, often humble dreams "for an ordinary life."
Talarico says Ken Paxton is "lying to the people of Texas" with AI ad that puts "words in my mouth"
Democrat James Talarico told CBS News' Ed O'Keefe he won't use AI in political advertising in the race for the Texas U.S. Senate seat, adding, "every ad that we put out is made by human beings."
Anthropic researcher says more than 10% chance AI "could kill all humans"
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Trump says he had "great conversation" with Putin amid renewed peace push
"He is wanting to make a deal. And if Zelenskyy is wanting to make a deal, that would be very nice," President Trump said.
Lindsay Clancy's attorney says he will ask for case to be thrown out
Kevin Reddington, the lawyer for Lindsay Clancy, said he will present a motion to dismiss on Sept. 29 at a previously scheduled status hearing.
Exclusive
Dolly Parton's sister shares why country music star kept her cancer battle private
Dolly Parton died in Nashville on Aug. 25 at the age of 80 — a shock to fans around the world who weren't aware of her illness.
Here are the biggest announcements from today's Apple event
Apple introduced the iPhone 18 at its annual tech showcase and is expected to unveil its first foldable phone.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
CBS News poll finds that 25 years after 9/11 most see changed country
A big majority say it's very important that Americans remember the 9/11 attacks.
The U.S. just had its hottest summer on record, NOAA says
Average temperatures across the U.S. soared to record heights between June and August in 2026, a new report found.
Trump says he had "great conversation" with Putin amid renewed peace push
"He is wanting to make a deal. And if Zelenskyy is wanting to make a deal, that would be very nice," President Trump said.
Talarico says Ken Paxton is "lying to the people of Texas" with AI ad that puts "words in my mouth"
Democrat James Talarico told CBS News' Ed O'Keefe he won't use AI in political advertising in the race for the Texas U.S. Senate seat, adding, "every ad that we put out is made by human beings."
MoneyWatch
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Humans "close to being outsmarted" by superintelligence, AI expert says
Rapid developments in AI are prompting concerns about "superintelligence." Here's why some experts are worried.
Feds to buy up to $6 billion in Treasury bonds. Here's why.
Wall Street analysts are skeptical that the Treasury Department's bond purchases can curb yields and lower U.S. borrowing costs.
Here are the biggest announcements from today's Apple event
Apple introduced the iPhone 18 at its annual tech showcase and unveiled its first foldable phone.
Anthropic researcher says more than 10% chance AI "could kill all humans"
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Trump administration to ban some Canadian motorcycles, dairy, alcohol
The Trump administration moved Tuesday to ban imports of Canadian motorcycles, some dairy products and most types of alcohol starting later this month, intensifying the trade war between the two countries.
Politics
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CBS News poll finds that 25 years after 9/11 most see changed country
A big majority say it's very important that Americans remember the 9/11 attacks.
Trump says he had "great conversation" with Putin amid renewed peace push
"He is wanting to make a deal. And if Zelenskyy is wanting to make a deal, that would be very nice," President Trump said.
Talarico says Ken Paxton is "lying to the people of Texas" with AI ad that puts "words in my mouth"
Democrat James Talarico told CBS News' Ed O'Keefe he won't use AI in political advertising in the race for the Texas U.S. Senate seat, adding, "every ad that we put out is made by human beings."
Trump's trip delayed after emergency slide deploys on new Air Force One
President Trump's departure to Texas was delayed after an emergency slide on the new Air Force One deployed on the tarmac before he boarded.
National Guardsman in D.C. charged after pointing gun at colleague
Zion Mitchell, 21, was arrested earlier this month and faces firearms and assault charges after he admitted he pointed his gun at a fellow National Guard member.
HealthWatch
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How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
A generation of kids suffers as Trump destabilizes immigrant families
Children in immigrant families are facing multiple health threats from President Trump's policies.
NYC officials release unseen post-9/11 air quality documents
New York City officials released thousands of previously unseen documents questioning the air quality at Ground Zero following the 9/11 attacks.
What is postpartum psychosis?
Experts discuss the symptoms, diagnosis and stigma surrounding postpartum psychosis (not to be confused with postpartum depression), a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy.
What is postpartum psychosis?
Postpartum psychosis (not to be confused with postpartum depression) is a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy. Correspondent Faith Salie talks with experts about the symptoms, diagnosis and stigma surrounding postpartum psychosis; and with a mother whose experience of hallucinations and distorted reality soon after giving birth threatened her and her family.
World
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Afghan girls who study in secret want you to read their "letters to the world"
21 Afghan girls, bravely defying the Taliban by continuing to study, handed CBS News letters containing their stifled, often humble dreams "for an ordinary life."
Trump says he had "great conversation" with Putin amid renewed peace push
"He is wanting to make a deal. And if Zelenskyy is wanting to make a deal, that would be very nice," President Trump said.
Zelenskyy's plane almost hit by drone, Norway's prime minister says
Ukraine's President Volodymyr Zelenskyy joined a host of other foreign dignitaries in Oslo for the funeral of Norway's King Harald V.
Netanyahu calls claim he was warned of Oct. 7 attack "malicious libel"
Israel's leader says a report claiming the UAE warned him in advance of Hamas' 2023 terror attack is politically motivated lies, but it's fueling fierce pre-election furor.
Anthropic researcher says more than 10% chance AI "could kill all humans"
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Entertainment
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Entertainment
Alice Cooper, Joe Perry on Hollywood Vampires
Rock stars Alice Cooper and Joe Perry of Aerosmith formed the supergroup Hollywood Vampires. They join "CBS News 24/7 Mornings" to discuss how the band came together.
Insider details on New York Fasion Week
New York Fashion Week kicks off this week showing the Spring collections. Lauren Sherman has more on what to expect.
Busta Rhymes talks career and new album
Busta Rhymes sits down with "CBS Mornings" to talk about his new album, "Dillagence II," and J Dilla's legacy after the rapper's shocking death in 2006.
De Niro on 25 years of Tribeca Festival
Robert De Niro and his longtime business partner, Jane Rosenthal, join "CBS Mornings" to discuss founding the Tribeca Festival after the 9/11 attacks and a new Netflix documentary about the event, "Tribeca 25," which premieres Friday.
Stella Parton sits down with "CBS Mornings"
Stella Parton sits down with Gayle King for her first interview since her sister Dolly's death in late August. The full interview airs Thursday, Sept. 10, on "CBS Mornings."
Technology
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Humans "close to being outsmarted" by superintelligence, AI expert says
Rapid developments in AI are prompting concerns about "superintelligence." Here's why some experts are worried.
Here are the biggest announcements from today's Apple event
Apple introduced the iPhone 18 at its annual tech showcase and unveiled its first foldable phone.
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 employee says AI could kill humans
Anthropic researcher Jacob Coxon quit his job, alleging that neither Anthropic nor OpenAI is acting ethically and that the two tech giants are aware they are "gambling with our lives." CBS News' Jo Ling Kent has more on what you need to know.
Ex-Anthropic researcher warns about AI
A former Anthropic researcher who recently resigned spoke out on social media, saying he thinks the current rate of unchecked AI development could "kill us all." Jo Ling Kent reports.
Science
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Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
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Crime
Lindsay Clancy Mistrial: Reddington Weighs In
In the wake of the mistrial in the Lindsay Clancy murder case, CBS News correspondent Shanelle Kaul and WBZ-TV reporter and anchor Kristina Rex share new reporting from inside the courtroom, exclusive juror insights, and behind-the-scenes details of the dramatic final courtroom moments. Plus, we learn what's next as the Plymouth County District Attorney's Office weighs its options.
Breaking down Lindsay Clancy attorney's plans
Kevin Reddington, Lindsay Clancy's defense attorney, sat down with "CBS Mornings" on Wednesday, where he said he plans to ask for the case to be thrown out. Caroline Polisi breaks down his statements.
Lindsay Clancy's lawyer on her future
Lindsay Clancy's lawyer Kevin Reddington told "CBS Mornings" that he plans to file a motion for her case to be thrown out after her murder trial ended in a mistrial. CBS News' Shanelle Kaul reports.
Lindsay Clancy's attorney says he will ask for case to be thrown out
Kevin Reddington, the lawyer for Lindsay Clancy, said he will present a motion to dismiss on Sept. 29 at a previously scheduled status hearing.
Lindsay Clancy trial juror speaks out
The high-profile murder trial of Lindsay Clancy ended in a mistrial after jurors could not come to a unanimous decision on the verdict. Now, one juror is speaking about what went on during deliberations. CBS News' Jarred Hill reports.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
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.
Latest CBS News Videos
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Sen. Rick Scott on midterm convention
The Republican National Committee Midterm Convention kicked off in Dallas on Wednesday. Republican Sen. Rick Scott of Florida joins CBS News from the floor to discuss what makes this year's midterms different.
Alarming AI warnings: What to know
A lead researcher at Anthropic said Wednesday he believes there's a more than 10% chance AI "could kill all humans" within the next decade. The comments came in response to a social media post from another Anthropic researcher who said he was resigning while claiming OpenAI and Anthropic aren't acting responsibly. Gerrit De Vynck, AI reporter for the Washington Post, joins CBS News to discuss.
Afghanistan War vets face trauma back home
Members of a U.S. Marines unit which suffered high casualties in the Afghanistan War share the struggles they faced when returning to civilian life, and the PTSD they dealt with years after war.
Full interview: James Talarico
CBS News senior White House and political correspondent Ed O'Keefe spoke with Texas Democrat James Talarico on Wednesday about his agenda if he's elected to the Senate, the state of his race against Texas Republican Attorney General Ken Paxton and more. Watch the full interview.
New U.S., Iran strikes driving up oil prices
The international benchmark for oil, Brent crude, topped $100 per barrel on Wednesday as new attacks flared up between the U.S. and Iran. CBS News' Ramy Inocencio reports and Matt Smith, director of commodity research at Kpler, joins with analysis.