Fed expected to cut interest rates
It appears all but certain that the Federal Reserve will cut interest rates on Wednesday. CBS News business analyst Jill Schlesinger explains why.
Interest Rates
Will the Fed cut rates again before 2026?
New data released Monday show how the shutdown impacted the economy in September and raised questions over whether the Federal Reserve will cut interest rates again before 2026. Kristin Myers, the ETF editor-in-chief for Asset TV, joins with more.
Is the Federal Reserve likely to cut interest rates in December?
The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs.
Nvidia's Q3 earnings higher than expected
Nvidia's latest earnings report came in Wednesday, and its results were higher than Wall Street expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
Impacts of the Fed interest rate cut
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what that means for consumers.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Fed announces another interest rate cut
The Federal Reserve announced Wednesday that it will lower its benchmark interest rate by 0.25 percentage points in its second straight cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.
What to expect from fed rate cut
The Federal Reserve is expected to make a quarter-point interest rate cut on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Fed expected to cut interest rates
The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.
What to expect from the Fed rate cut decision
The Federal Reserve on Wednesday will announce its decision on if it will cut its benchmark interest rate again. CBS News MoneyWatch correspondent Kelly O'Grady explains what to expect.
Here's what to expect from the Fed's interest rate meeting today
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Federal Reserve likely to cut interest rates
The Federal Reserve is expected to announce an interest rate cut decision during its meeting on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Here are the 3 biggest ways the Fed's rate cut could impact your money
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
How the interest rate impacts Americans
The Federal Reserve's latest decision to implement a cut to its benchmark interest rate comes after lagging job growth. Allie Kelly, a reporter for Business Insider, joins CBS News with more on the impact on America's economy.
How significant is the Fed's latest rate cut?
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Fed signals two more rate cuts in 2025
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, marking the first cut of 2025. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Fed lowers interest rates by 0.25 percentage points in first cut since 2024
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Fed cuts rates for first time in 9 months
The Federal Reserve announced it's lowering its benchmark interest rate by 0.25 percentage points. It's the first rate cut since December. CBS News' Kelly O'Grady
Fed cuts interest rates 0.25 percentage points
The Federal Reserve announced that it lowered interest rates by 0.25 percentage points, its first rate cut since December 2024. CBS News MoneyWatch correspondent Kelly O'Grady and White House correspondent Ed O'Keefe have more.
Will the Fed cut rates today? These charts may determine its decision.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
Reporter's Notebook: Behind the Fed's jargon
The Federal Reserve is expected to lower interest rates, and decisions that shape household budgets will be explained in woolly-mouthed Fed speak. "CBS Evening News" co-anchor John Dickerson explains.
Why the Fed is expected to cut rates
The Federal Reserve's upcoming rate decision is shaping up to be its most consequential of the year, with most economists predicting the first cut of 2025. Kelly O'Grady has more.
At least 10 FBI staffers who worked on Mar-a-Lago case have been fired, sources say
They all worked on former Special Counsel Jack Smith's investigation into President Trump's retention of classified records.
Can the U.S. and Iran reach a nuclear deal to avert a war?
Trump says he won't let Iran to build a nuclear weapon, and Iran says it doesn't intend to, but as talks resume, experts see war as more likely than a deal.
Exclusive
Senator seeks DEA info on "incredibly disturbing" Epstein drug investigation
Federal drug enforcement investigators targeted Jeffrey Epstein and 14 others in a yearslong probe first reported by CBS News.
Instagram to alert parents when teens search for info on suicide
Starting next week, parents will get an alert if their teen repeatedly searches for certain terms related to self-harm or suicide in a short time span.
Hillary Clinton to appear for Epstein deposition before House panel today
Former Secretary of State Hillary Clinton is set to meet with the House Oversight Committee on Thursday in New York.
Cuba says speedboat from Florida was carrying weapons for "terrorist purposes"
Cuba's Interior Ministry said Wednesday night that the boat was carrying 10 people armed with assault rifles, handguns and Molotov cocktails.
Exclusive
ICE arrested 261 DACA recipients over 10 months last year, document shows
Federal immigration agents arrested 261 DACA recipients during the first 10 months of the second Trump administration, according to statistics shared with Congress.
Exclusive
Bipartisan bill aims to block big investors from buying single-family homes
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
U.S. women's hockey star reiterates team missed SOTU over logistical challenges
"I know, like, later on, there'll be a full invite for all Team USA athletes to go to the White House like there has been in the past," decorated U.S. women's hockey veteran Kelly Pannek told CBS News.
U.S.
More U.S.
Instagram to alert parents when teens search for info on suicide
Starting next week, parents will get an alert if their teen repeatedly searches for certain terms related to self-harm or suicide in a short time span.
Toucan seen flying around Las Vegas for months is rescued
The toucan has been living in Las Vegas since November, much to the concern of bird experts who were worried about the exotic bird's health and ability to survive.
Hillary Clinton to appear for Epstein deposition before House panel today
Former Secretary of State Hillary Clinton is set to meet with the House Oversight Committee on Thursday in New York.
Ex-Air Force pilot who allegedly trained Chinese military pilots arrested
Former Air Force fighter pilot Gerald Brown, who allegedly trained Chinese military personnel without authorization, has been arrested, the Justice Department says.
Exclusive
Bipartisan bill aims to block big investors from buying single-family homes
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
MoneyWatch
More MoneyWatch
Instagram to alert parents when teens search for info on suicide
Starting next week, parents will get an alert if their teen repeatedly searches for certain terms related to self-harm or suicide in a short time span.
Exclusive
Bipartisan bill aims to block big investors from buying single-family homes
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
What's behind the Anthropic-Pentagon feud
Defense Secretary Pete Hegseth gave the AI company Anthropic an ultimatum about the military's use of its technology, known as Claude.
Kalshi fines and suspends MrBeast employee for insider trading
The prediction market said it suspended Artem Kaptur, an employee of the popular YouTuber MrBeast, for insider trading.
Will banning big home investors lower prices? Experts are skeptical.
The president reiterated a plan to ban big investors from buying single-family homes, but some experts say bigger remedies are needed.
Politics
More Politics
Can the U.S. and Iran reach a nuclear deal to avert a war?
Trump says he won't let Iran to build a nuclear weapon, and Iran says it doesn't intend to, but as talks resume, experts see war as more likely than a deal.
Hillary Clinton to appear for Epstein deposition before House panel today
Former Secretary of State Hillary Clinton is set to meet with the House Oversight Committee on Thursday in New York.
Exclusive
Bipartisan bill aims to block big investors from buying single-family homes
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Exclusive
Senator seeks DEA info on "incredibly disturbing" Epstein drug investigation
Federal drug enforcement investigators targeted Jeffrey Epstein and 14 others in a yearslong probe first reported by CBS News.
Maduro's lawyer says U.S. blocking Venezuelan government from paying his legal fees
The lawyer for Nicolas Maduro says the U.S. is blocking Venezuela's government from paying for the cost of his legal defense against drug trafficking charges.
HealthWatch
More HealthWatch
Health premiums threaten their nest egg. A terminal diagnosis may spare it.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
Could "kidulting" be the way to take the work out of your workout?
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
As more Americans embrace anxiety treatment, RFK Jr. derides medications
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
World
More World
Can the U.S. and Iran reach a nuclear deal to avert a war?
Trump says he won't let Iran to build a nuclear weapon, and Iran says it doesn't intend to, but as talks resume, experts see war as more likely than a deal.
Ex-Air Force pilot who allegedly trained Chinese military pilots arrested
Former Air Force fighter pilot Gerald Brown, who allegedly trained Chinese military personnel without authorization, has been arrested, the Justice Department says.
Maduro's lawyer says U.S. blocking Venezuelan government from paying his legal fees
The lawyer for Nicolas Maduro says the U.S. is blocking Venezuela's government from paying for the cost of his legal defense against drug trafficking charges.
Cuba says speedboat from Florida was carrying weapons for "terrorist purposes"
Cuba's Interior Ministry said Wednesday night that the boat was carrying 10 people armed with assault rifles, handguns and Molotov cocktails.
German police arrest suspect in American woman's 1994 murder
The body of 24-year-old tourist Amy Lopez was found by children in 1994 near the historic Ehrenbreitstein Fortress, located on the Rhine river.
Entertainment
More Entertainment
Entertainment
Deon Cole on NAACP Image Awards
Actor and comedian Deon Cole is back to host the NAACP Image Awards. Cole joins CBS News with more on what to expect.
First look at "Survivor 50"
"Survivor" returns Wednesday for its 50th season, featuring fan-favorite contestants over the past 25 years. "CBS Mornings" has a preview of the historic season.
Martin Short grieves death of his daughter
Actor and comedian Martin Short has postponed upcoming dates of his comedy tour with longtime friend Steve Martin as he grieves the sudden death of his 42-year-old daughter, Katherine. Vladimir Duthiers reports.
Rock & Roll Hall of Fame nominees revealed
The Rock & Roll Hall of Fame announced 17 nominees for its class of 2026, including Phil Collins, Mariah Carey, Iron Maiden and Luther Vandross. The new members will be revealed in April.
Rock & Roll Hall of Fame unveils "diverse list" of 2026 nominees
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Technology
More Technology
Instagram to alert parents when teens search for info on suicide
Starting next week, parents will get an alert if their teen repeatedly searches for certain terms related to self-harm or suicide in a short time span.
iPhone feature helps save skiers after avalanche
When a deadly avalanche struck outside Lake Tahoe, California, an iPhone feature allowed the surviving skiers to get the help they needed. Tim Werth, tech editor at Mashable, joins CBS News to explain.
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.
What's behind the Anthropic-Pentagon feud
Defense Secretary Pete Hegseth gave the AI company Anthropic an ultimatum about the military's use of its technology, known as Claude.
Anthropic narrows AI safety pledge
Anthropic, the maker of the chatbot Claude, is narrowing its signature pledge on artificial intelligence safety. The abrupt changes come amid a tense standoff between the company and the Pentagon over the use of its AI model. New York Times reporter Sheera Frenkel joins to discuss.
Science
More Science
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.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Crime
More Crime
Ex-Air Force pilot who allegedly trained Chinese military pilots arrested
Former Air Force fighter pilot Gerald Brown, who allegedly trained Chinese military personnel without authorization, has been arrested, the Justice Department says.
Inside the Kouri Richins Trial | "48 Hours" Podcast
Grief children's book author Kouri Richins is on trial in Utah, accused of fatally poisoning her husband, Eric Richins, with a fentanyl-laced Moscow mule in 2022. Prosecutors say she killed him for financial gain, while also engaging in an extramarital affair. The defense argues his death was an accidental overdose. In a special episode, "48 Hours" correspondent Natalie Morales speaks with CBS News chief correspondent Matt Gutman about the key evidence, the prosecution's motive theory, and what to watch as the Utah murder trial unfolds.
Colin Gray jury hears interrogation recording
The trial of the father of the accused Apalachee High School shooter resumed in Georgia on Wednesday. CBS News correspondent Skyler Henry reports.
German police arrest suspect in American woman's 1994 murder
The body of 24-year-old tourist Amy Lopez was found by children in 1994 near the historic Ehrenbreitstein Fortress, located on the Rhine river.
Reports of missing Epstein files
Reports are emerging about documents potentially missing from the Epstein files released by the Justice Department that may be linked to President Trump. CBS News' Scott MacFarlane reports.
Space
More Space
Space
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Artemis II moon rocket hauled off launch pad for repairs
Fixing the Space Launch System rocket's helium pressurization problem has pushed the Artemis II launch to at least April 1.
Mike Fincke reveals he was the astronaut who had medical issue on the ISS
NASA astronaut Mike Fincke said he was the crew member whose medical issue required a group of space station fliers to return to Earth earlier than planned last month.
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.
NASA to start slow-moving process returning moon rocket to hangar this week
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
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
Sneak peek: The Woman Who Died Twice
ALL NEW: A woman's body is found in a swamp, murdered. Impossible, say friends, who learned she'd died in a hospital five months earlier. "48 Hours" correspondent Erin Moriarty reports. Watch Saturday, Feb. 28, at 10/9c on CBS and streaming on Paramount.
Marco Rubio addresses Cuba situation
Cuban authorities said Wednesday the country's coast guard killed four people on a speedboat that was registered in Florida. The people on the boat first fired at Cuban border guard troops when they tried to approach the boat for identification, Cuba's interior ministry said. CBS News correspondent Cristian Benavides reports.
College students react to Trump's 2026 SOTU
President Trump delivered the longest State of the Union address in history on Tuesday night. CBS News correspondent Lana Zak watched the speech with college students and got their reactions in real time.
Moving crew helps rescue abducted toddler
Quick-thinking movers stepped in to block a truck at a convenience store in Arizona after spotting an abducted child from an Amber alert. Tony Dokoupil has the story.
iPhone feature helps save skiers after avalanche
When a deadly avalanche struck outside Lake Tahoe, California, an iPhone feature allowed the surviving skiers to get the help they needed. Tim Werth, tech editor at Mashable, joins CBS News to explain.