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.
Interest Rates
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.
Why signs are pointing to a Fed rate cut
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Ex-CBO director on Trump's 2nd term economy
President Trump's position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S.' foremost conservative economists, says in his first term, Mr. Trump did some "astounding" things for the economy. Holtz-Eakin joins "The Takeout" to discuss why his views on the president's second-term economic policies have turned negative.
Inflation fuels falling consumer sentiment
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
Trump admin. asks appeals court to allow firing of Lisa Cook before Fed meeting
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Top Trump adviser urges for Fed reform
White House National Economic Council director Kevin Hassett told "Face the Nation with Margaret Brennan" that he believes the Federal Reserve "needs to be fully independent of political influence" as President Trump continues to pressure Fed Chair Jerome Powell to lower interest rates. CBS News business contributor Javier David has the latest.
Economists' top 3 takeaways from the dismal August jobs report
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
A possible upside to August's slowing job growth
Employers across the U.S. added 22,000 jobs in August, falling short of economists' muted expectations and signaling the labor market is facing sharp headwinds from mounting economic uncertainty amid the Trump administration's wide-ranging tariffs. Jo Ling Kent has the biggest takeaways.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Markets remain steady amid Trump's Fed clash
President Trump said he fired Federal Reserve Gov. Lisa Cook on social media, but Cook said she is not resigning. Despite Mr. Trump's announcement, stock markets appear unaffected by the news. CBS News' Ed O'Keefe and business journalist Kristin Myers have more details.
Lisa Cook to Trump: "I will not resign"
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
New Federal Reserve statement on Trump, Cook
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Stocks fall flat after after weekend rally
Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying stock markets. On Monday, markets fell flat. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Stocks skyrocket after Powell speech
Federal Reserve Chair Jerome Powell gave a speech that sent all three stock indexes soaring. Traders excavated clues of an interest rate coming. Archie Hall, U.S. economics editor for The Economist, joins "The Takeout" to discuss.
Powell signals potential interest rate cuts
Federal Reserve Chair Jerome Powell signalled a potential path to interest rate cuts in the future. Akin Oyedele, a deputy editor of newsletters at Business Insider, joins CBS News with more.
Fed Chair Jerome Powell signals path to rate cuts at Jackson Hole
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Fed Chair Powell faces delicate balancing act in Jackson Hole speech
Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech on Friday.
Powell addressing Jackson Hole forum
Federal Reserve Chair Jerome Powell is preparing to address the annual Jackson Hole, Wyoming, economic forum as the Trump administration pushes for an interest rate cut in September. Bill Watts, a markets editor for MarketWatch, joins CBS News with more.
Key takeaways from July's inflation report
Inflation in July rose 2.7% on an annual basis, which was slightly less than economists had forecast, according to a report released Tuesday. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers.
Top Trump economic adviser on new tariffs
President Trump's new tariffs on dozens of countries will go into effect on Aug. 7. Kevin Hassett, director of the National Economic Council, joins "The Takeout" to discuss the potential impact on the economy.
Trump announces South Korea deal
President Trump announced a trade deal with South Korea as his Aug. 1 tariff deadline approaches. This comes as he comments on Federal Reserve Chair Jerome Powell's latest decision on interest rates. CBS News' Natalie Brand reports, and BankAlliance's Lori Bettinger has more on the U.S. economy.
Why did Fed keep interest rates steady again?
The Federal Reserve on Wednesday left interest rates unchanged for the fifth time in a row. CBS News' Kelly O'Grady and Olivia Rinaldi have the latest.
Live
Iran lashes out with missiles as Israel says war still intensifying
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
Markwayne Mullin confirmation hearing set for today
President Trump announced Sen. Markwayne Mullin as his pick to replace embattled DHS Secretary Kristi Noem.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
Official warns some airports could shut down if TSA sick calls climb
Acting deputy TSA administrator Adam Stahl says the situation will get worse the longer the agency and the Department of Homeland Security don't receive funding.
Trump's judicial confirmations show signs of slowing compared to first-term boom
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
Illinois Lt. Gov. Juliana Stratton projected to win Democratic Senate primary
Illinois Lt. Gov. Juliana Stratton is projected to win the heated and crowded Democratic primary race for the U.S. Senate seat that Dick Durbin has held for nearly 30 years, according to CBS News analysis.
Senate begins marathon debate on SAVE America Act under pressure from Trump
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
As Trump floats "taking Cuba," island's president warns of "resistance"
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
WNBA, players' union reach agreement in principle on new pact
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
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Official warns some airports could shut down if TSA sick calls climb
Acting deputy TSA administrator Adam Stahl says the situation will get worse the longer the agency and the Department of Homeland Security don't receive funding.
Former reality TV star Jessie Holmes wins Iditarod sled dog race again
Jessie Holmes is the third competitor in the 54-year history of the Iditarod Trail Sled Dog Race to repeat the year after winning for the first time.
Trump's judicial confirmations show signs of slowing compared to first-term boom
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
Venezuela defeats U.S. 3-2 for its first World Baseball Classic title
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
MoneyWatch
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WNBA, players' union reach agreement in principle on new pact
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
Arizona alleges Kalshi engaged in illegal gambling, election wagering
The complaint includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law.
Here's how much U.S. families need to make to feel economically secure
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
Amazon introduces 1-hour and 3-hour delivery in U.S.
Amazon is speeding deliveries, putting pressure on other retailers. Here's where 1- and 3-hour delivery options are available and how much the service costs.
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Using AI for financial advice? Here's what to watch out for.
AI and other technologies can help you manage your financial life. But don't rely exclusively on such tools for money matters.
Politics
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Federal judge strikes down Arkansas Ten Commandments in public schools law
An Arkansas law requiring that the Ten Commandments be prominently displayed in public school classrooms has been struck down by a federal judge.
Exclusive
Facing potential Latino voter slide, GOP mobilizes in crucial Senate races ahead of 2026 midterms
Amid signs that Republicans may lose some of the Latino support that the party picked up in 2024, grassroots organizations are stepping in to boost GOP Senate candidates in key midterm races.
Markwayne Mullin confirmation hearing set for today
President Trump announced Sen. Markwayne Mullin as his pick to replace embattled DHS Secretary Kristi Noem.
Trump's judicial confirmations show signs of slowing compared to first-term boom
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
HealthWatch
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Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
World
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Live
Iran lashes out with missiles as Israel says war still intensifying
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
Venezuela defeats U.S. 3-2 for its first World Baseball Classic title
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
As Trump floats "taking Cuba," island's president warns of "resistance"
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
Why the death of Iran's top security official is significant
Ali Larijani was among the most senior leaders of the regime still alive in Iran after top leaders were killed at the start of the war.
Entertainment
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Nancy Guthrie investigation "becomes much harder" as time goes on, expert says
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge opens up about new music
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Woman on viral Coldplay "kiss cam" speaks out
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Stars walk Vanity Fair Oscar Party red carpet
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
Technology
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Technology
Landmark social media trial continues
A verdict could come as soon as Tuesday in the landmark trial against Meta and Google for allegedly fueling social media addictions. CBS News contributor Jessica Levinson has more.
U.S. hospitals, insurers turn to AI for claims
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
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.
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
Science
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Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
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.
Crime
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Nancy Guthrie investigation "becomes much harder" as time goes on, expert says
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins found guilty on all charges
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Accused Latin American drug lord arrives in U.S. after years on the run
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins convicted of murdering husband
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Space
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7-ton meteor identified as likely cause of boom heard across Ohio
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
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.
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
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Latest CBS News Videos
Bondi subpoenaed for Epstein files testimony
Attorney General Pam Bondi has been subpoenaed to testify in April before the House Oversight Committee on the Justice Department's release of the Epstein files. It comes after a Senate hearing last month where Bondi faced intense questioning over how the files were released.
A look at Israel's air defense systems
The Israeli military showed CBS News one of its air defense systems as Iran fired deadly cluster bombs at Israel. Charlie D'Agata reports.
Top Trump counterterrorism official resigns
Joe Kent, President Trump's director of the National Counterterrorism Center, resigned on Tuesday citing the Iran war and saying, "Iran posed no imminent threat to our nation." Kent, who was a controversial pick to lead the agency, is the first senior official to step down over the war and the first to resign during Mr. Trump's second term.
Record heat wave hits western U.S.
More than 60 record highs were set on Tuesday from California to Idaho as a heat wave sweeps across the western U.S. Downtown L.A. reached 98 degrees on Tuesday, the earliest the city has hit that mark in nearly 150 years. Carter Evans reports.
TSA sick calls mount amid D.C. stalemate
Estimated wait times at some of the country's major airports are up to two hours as more TSA officers call out sick during the partial government shutdown. Acting deputy TSA administrator Adam Stahl says the agency is concerned about the growing number of call-outs, saying "there could be scenarios where we may have to shut down airports. This is a serious situation."