U.S. economy is slowing to stall speed, recession gauge shows
Conference Board index has fallen 10 months in a row, indicating a recession is likely sometime this year.
Interest Rates
Treasury takes action as U.S. hits debt ceiling
The U.S. officially reached the debt limit on Thursday, and the Treasury Department says it has begun taking "extraordinary measures" to maintain the full faith and credit of the United States. It sets up a showdown that could put the entire U.S. economy at risk. Scott MacFarlane has more.
U.S. expected to hit debt ceiling next week
U.S. Treasury Secretary Janet Yellen told Congress on Friday that she expects the country to hit the debt ceiling next Thursday. The government will then resort to "extraordinary measures" to avoid default. Gregory Daco, chief economist at EY-Parthenon, joined CBS News to discuss that and other financial news.
Americans' car debt reached $1.5 trillion
Americans owed more than $1.5 trillion on their car loans in the third quarter. New York Times business reporter Jack Ewing joins CBS News' Debra Alfarone to discuss a potential car bubble, inflation and rising interest rates and advice for consumers.
Consumer Price Index rose 6.5%
Consumer Price Index rose 6.5% in the month of December. Javier David, managing editor of business and markets at Axios, joins CBS News with the significance of this report and overall health of the economy.
World Bank cuts 2023 global growth projection
As high inflation elevates the risk of a worldwide recession, the World Bank has lowered its growth forecast for the global economy. Paul Hannon, a reporter for The Wall Street Journal, joined "CBS News Mornings" to discuss.
Americans turn to credit cards amid inflation
More Americans are carrying credit card debt, which could affect the future of their finances. Ted Rossman, senior industry analyst for Bankrate, joins CBS News with some tips on how to control debt amid high inflation.
U.S. hiring remained resilient in December
New government data shows the U.S. added 223,000 jobs in December while unemployment fell to a 50-year low of 3.5%, as the Federal Reserve raises interest rates to the highest level in 15 years in an effort to cool the economy and tamp down inflation. Errol Barnett and Elaine Quijano break down the numbers with CBS News reporter Sarah Ewall-Wice.
U.S. added 223,000 jobs in December
CBS News contributor Javier David joined Anne-Marie Green and Vladimir Duthiers with to discuss the latest jobs report, which shows U.S. employers added 223,000 jobs in December.
Stock market dips after strong jobs report
Unemployment fell to a three-month low as the private sector added roughly 235,000 jobs. Kristin Myers, editor-in-chief of The Balance, joins CBS News to look at what's driving the economy and what's worrying investors.
U.S. jobless claims lowest since September
A new Labor Department report shows new jobless claims fell to 204,000 in the final week of 2022. That is the lowest number since September. But the numbers are not necessarily good news for the Federal Reserve as it tries to cool the economy. CBS News' Errol Barnett and Lana Zak are joined by Gregory Daco, chief economist at EY-Parthenon, to discuss the economic trends.
12/11/2022: The Treasury Secretary, Suing Social Media, College of Magic
Janet Yellen on recession fears, inflation and the war in Ukraine; Families suing social media companies; Cape Town's College of Magic.
Looking for positive signs on economy
Investors are looking for any positive signs to bounce back from a down 2022 in the stock market. Chief investment officer Ahmed Riesgo of Insigneo joined CBS News to discuss where those signs might come from.
Housing market forecast for 2023
Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News to share his forecast for the 2023 housing market at the start of the new year.
Will 2023 be a tough year for economy?
International Monetary Fund managing director Kristalina Georgieva warned that the global economy could face a "tough year" in 2023 in an interview on "Face the Nation." Threadneedle Ventures founder Ann Berry joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the likelihood of a recession, rising interest rates and the global economy.
Stocks slide after strong economic reports
New reports from the Commerce and Labor departments showed a stronger-than-expected economy. Lori Bettinger, president of BancAlliance, joined CBS News to discuss the reaction on Wall Street.
Is it a good time to refinance your mortgage?
A growing number of homeowners are considering refinancing as mortgage rates begin to decline. Mike Fratantoni, chief economist at the Mortgage Bankers Association, joins CBS News' Lana Zak and Jim Axelrod to discuss the state of the housing market.
Stocks fall for fifth straight trading day
Stocks fell for a fifth straight trading day on Monday after the Federal Reserve last week raised its forecast of how long interest rates have to stay elevated to cool inflation. Frances Stacy, director of strategy at Optimal Capital, joined CBS News' Lilia Luciano to discuss.
As Fed hikes interest rates, home prices dip
Home prices are on a decline as the Federal Reserve continues to raise interest rates to tame inflation. Skylar Olsen, chief economist at Zillow, joined CBS News' Catherine Herridge to discuss how rising interest rates are affecting the housing market and what homeowners and home buyers should do.
Stocks continue to fall at end of turbulent week
The Dow dropped another 300 points at its opening Friday, the index's third straight day of losses after news of a rise in interest rates and a drop in retail spending. Jesse Wheeler, an economic analyst for Morning Consult, joins CBS News to discuss the latest financial news and what the future holds.
Markets respond to latest interest rate hike
The Dow Jones Industrial Average had its third straight day of losses after the Federal Reserve announced an interest rate hike. Senior columnist at Yahoo Finance Rick Newman joins CBS News to discuss the impact on the markets.
Troubles for U.K. economy
Labor strikes, rising costs of living and inflation rate hikes are weighing on U.K. consumers as the holiday season approaches. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Errol Barnett to discuss.
Mortgage rates take another dip
Mortgage rates drop for the fifth week in a row despite the Federal Reserve's recent interest rate hike. BancAlliance President Lori Bettinger joins CBS News Mornings to explain what's spurring the dip.
Stocks drop after rate hike, weak sales data
Stocks on Wall Street plunged Thursday, a day after the Federal Reserve announced yet another interest rate hike. Megan Greene, senior fellow at Brown University, and the global chief economist for the Kroll Institute, joins CBS News' "Prime Time" to discuss the state of the economy.
Managing your checking account
CBS MoneyWatch reporter Megan Cerullo joins CBS News to share tips for managing checking accounts as interest rates rise.
First on CBS
U.S., Israel preparing to bombard energy-related targets in Iran, sources say
The U.S. and Israel plan to hit Iran's energy infrastructure as soon as this weekend, although no final decision has been made, sources familiar with the matter told CBS News.
DOJ to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Spain sends over 48,000 migrants back to Morocco from Ceuta; dozens dead
Spain's Ministry of the Interior said about 50,000 people entered the Spanish enclave since Thursday morning, with an estimated 48,300 back in Morocco by 6 p.m. Friday.
Nancy Guthrie ransom notes are released, including message saying she died
One of the notes threatened to kill Nancy Guthrie if a multimillion-dollar ransom wasn't paid in a week. The second says, ""She is buried in nature now."
F-35 fighter jet crashes near San Diego Marine Corps base, sparking fire
An aerial photo shows a smoking F-35 fighter jet next to scorched vegetation in a field at Marine Corps Air Station Miramar.
Live
U.S. preparing new Iran strikes as Trump says, "We've done an amazing job"
There was no sign of the conflict ending as Iran claimed to have struck two ships in the Strait of Hormuz.
U.S. probing if Iran was behind cyberattack on water systems in 7 states
Malicious cyber activity affected technology at water systems in at least seven states this week, including Minnesota, leading authorities to dig into whether Iranian actors are behind the attack, CBS News has learned.
3 states would face Colorado River water cuts under federal plan
Arizona, California, and Nevada would take less water from the Colorado River under a federal proposal to stave off a crisis in the river.
Doctors testify in Lindsay Clancy trial, jury views home where 3 kids were killed
Day 4 of the Lindsay Clancy murder trial started with a jury visit to her former Duxbury, Massachusetts home where her three kids were killed.
U.S.
More U.S.
DOJ asks to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Nearly 1 in 4 Americans want CEOs to "stop being greedy," survey finds
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
Brother of slain cartel leader "El Mencho" pleads guilty to U.S. drug charges
Antonio Oseguera Cervantes worked for cartels with his brother Nemesio Rubén Oseguera Cervantes, the drug lord known as "El Mencho," according to federal prosecutors.
Nancy Guthrie ransom notes are released, including message saying she died
One of the notes threatened to kill Nancy Guthrie if a multimillion-dollar ransom wasn't paid in a week. The second, a few days later, says, "She is buried in nature now."
F-35 fighter jet crashes near San Diego Marine Corps base, sparking fire
An aerial photo shows a smoking F-35 fighter jet next to scorched vegetation in a field at Marine Corps Air Station Miramar.
MoneyWatch
More MoneyWatch
Nearly 1 in 4 Americans want CEOs to "stop being greedy," survey finds
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
Families sue Meta, Snapchat, TikTok, YouTube over deaths of 4 teens
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
New York sues Kalshi, alleging it enables illegal gambling
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
OCTROT heated blankets and throws recalled after fires and injuries
Chinese-made electric bedding poses "risk of serious injury or death," according to U.S. product safety regulators.
Anthropic reveals Claude "gained unauthorized access" to "real-world systems"
Anthropic's artificial intelligence model Claude "gained unauthorized access" to three outside organizations on three separate occasions during testing.
Politics
More Politics
DOJ asks to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
First on CBS
U.S., Israel preparing to bombard energy-related targets in Iran, sources say
The U.S. and Israel plan to hit Iran's energy infrastructure as soon as this weekend, although no final decision has been made, sources familiar with the matter told CBS News.
Lawyer for Rep. Miller's ex-wife files for restraining order amid abuse claims
The ex-wife of GOP Rep. Max Miller asked a court to issue a restraining order blocking Miller from contacting her lawyer, as the Ohio congressman faces allegations of abuse — which he denies.
First on CBS
Democrats demand training info on ICE agent who killed immigrant in Maine
Two Democrats are demanding details and records about the training of an ICE officer who shot and killed a Colombian immigrant in Maine, according to a letter obtained by CBS News.
People with disabilities fear service cuts as DOJ questions legal protections
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
HealthWatch
More HealthWatch
HealthWatch
Peptide vendor sentenced for "trail of harm"
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
People with disabilities fear service cuts as DOJ questions legal protections
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
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.
World
More World
Brother of slain cartel leader "El Mencho" pleads guilty to U.S. drug charges
Antonio Oseguera Cervantes worked for cartels with his brother Nemesio Rubén Oseguera Cervantes, the drug lord known as "El Mencho," according to federal prosecutors.
First on CBS
U.S., Israel preparing to bombard energy-related targets in Iran, sources say
The U.S. and Israel plan to hit Iran's energy infrastructure as soon as this weekend, although no final decision has been made, sources familiar with the matter told CBS News.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Spain sends over 48,000 migrants back to Morocco from Ceuta; dozens dead
Spain's Ministry of the Interior said about 50,000 people entered the Spanish enclave since Thursday morning, with an estimated 48,300 back in Morocco by 6 p.m. Friday.
FIFA official resigns in protest of World Cup investment plan
The pressure is rising on FIFA President Gianni Infantino to ditch a $20 billion privatization plan, but soccer's governing body is doubling down and criticizing the media.
Entertainment
More Entertainment
Entertainment
"Spider-Man: Brand New Day" swings into theaters
Just weeks after "Supergirl" underperformed at the box office, the ninth live-action Spider-Man film since 2002 is expected to premiere with a projected global opening of as much as $465 million. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss.
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
A lawsuit alleges that a drive storing a $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.
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
More Technology
Technology
Anthropic claims its AI models went rogue
Anthropic claims its artificial intelligence models went rogue during testing and hacked into three other companies. Less than two weeks ago, OpenAI reported a similar incident for one of its models. Stephen Witt, author of "The Thinking Machine," joins to unpack the situation.
Trump blames Minnesota for water cyberattack
The U.S. government is investigating whether Iran is behind a cyberattack on water systems in seven states. In Minnesota alone, more than 30 community water systems were impacted. CBS News homeland security correspondent Nicole Sganga 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.
Families sue Meta, Snapchat, TikTok, YouTube over deaths of 4 teens
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
Is Iran targeting the U.S. water supply?
Investigators are examining whether Iran was involved with a series of cyberattacks on water systems in Minnesota and other states. Nicole Sganga reports.
Science
More Science
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
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.
Crime
More Crime
Crime
Nancy Guthrie ransom notes released
Possible ransom notes released by the Pima County Sheriff's Department in the hopes of identifying Nancy Guthrie's kidnapper or kidnappers include specific details about Guthrie's white Apple Watch and allege that she died unexpectedly of a medical condition and "is buried in nature." CBS News' Anna Schecter breaks it down.
Epstein survivor calls Blanche "walking perjury"
Survivors of convicted sex offender Jeffrey Epstein's abuse were on Capitol Hill this week lobbying senators to reject Todd Blanche's nomination for attorney general. One survivor, Dani Bensky, joins "The Takeout" to discuss her concerns about Blanche.
Brother of slain cartel leader "El Mencho" pleads guilty to U.S. drug charges
Antonio Oseguera Cervantes worked for cartels with his brother Nemesio Rubén Oseguera Cervantes, the drug lord known as "El Mencho," according to federal prosecutors.
Nancy Guthrie ransom notes are released, including message saying she died
One of the notes threatened to kill Nancy Guthrie if a multimillion-dollar ransom wasn't paid in a week. The second, a few days later, says, "She is buried in nature now."
Lindsay Clancy trial: Ex-husband takes the stand
Three years after the deaths of Cora, Dawson and Callan Clancy, the trial of their mother Lindsay is underway. This week, CBS News legal analyst Caroline Polisi and CBS News correspondent Shanelle Kaul take listeners inside the courtroom for jury selection, opening statements, and the highly anticipated testimony of her now ex-husband Patrick Clancy. They examine the prosecution's claim that Lindsay Clancy carefully planned the killings and the defense's contention that postpartum psychosis left her unable to control her actions.
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
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Nancy Guthrie ransom notes released
Possible ransom notes released by the Pima County Sheriff's Department in the hopes of identifying Nancy Guthrie's kidnapper or kidnappers include specific details about Guthrie's white Apple Watch and allege that she died unexpectedly of a medical condition and "is buried in nature." CBS News' Anna Schecter breaks it down.
Pilot of F-35 that crashed in CA stable
The pilot of the F-35 that crashed at Marine Corps Air Station Miramar in San Diego, California, on Friday is in stable condition with non-life-threatening injuries. CBS News' Carter Evans has the details.
Hamas agrees to disarmament, Trump says
President Trump announced that Hamas agreed to a ceasefire negotiated by the Board of Peace, which would include total disarmament. CBS News' national security contributor Samantha Vinograd breaks down what we know so far.
Energy strikes to hit Iran, sources say
Sources told CBS News on Friday that the U.S. and Israel are planning to bomb energy-related infrastructure in Iran. The unconfirmed strikes could take place throughout the weekend. CBS News' James LaPorta and Olivia Rinaldi have more.
Poll: 75% say inflation outpacing income
New CBS News polling shows many Americans don't think President Trump is doing enough to bring down prices. Political strategists Rina Shah and Amirah Sequeira join with analysis.