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.
Interest Rates
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.
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.
Exclusive
Zelenskyy alleges Russia is abducting Ukrainian kids, training them to fight
This is the first time Ukrainian President Volodymyr Zelenskyy has made this accusation, which may constitute a war crime.
Children "held like criminals" inside ICE detention center
More than 6,300 children under 18 – almost all with no criminal record – have been detained by federal immigration authorities during President Trump's second term, with nearly half held at the Dilley Immigration Processing Center in Texas.
Live
Trump recently edited possible U.S.-Iran agreement, source says
President Trump's changes included somewhat significant changes, according to a source with knowledge of the negotiations.
4th U.S. strike this week on alleged drug boat kills 3 people
More than 200 people have been killed in the monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
1 of 2 possible Ebola patients in Brazil tests negative amid Congo outbreak
The WHO said these five cases exemplify that recovery from the illness is possible, even without approved treatments or vaccines.
Colombian presidential election headed for runoff
Far-right candidate Abelardo de la Espriella and far-left Ivan Cepeda are advancing to a runoff in Colombia's Presidential Election.
Rain threatens search for 2 gold miners still missing in Laos cave
A Laos rescue organization said that the water level inside the cave had receded enough for the four miners to leave with divers.
New drug nearly doubles survival rates in some pancreatic cancer patients, study says
New research shows a medication called daraxonrasib is helping people with advanced pancreatic cancer live longer.
Platner's wife told campaign about sexually explicit texts he sent other women
The wife of Democratic Maine Senate candidate Graham Platner told his campaign in 2025 about sexual messages he had sent to other women.
U.S.
More U.S.
Zelenskyy says "more pressure" is needed to get Putin to negotiate peace deal
Ukrainian President Volodymyr Zelenskyy told "Face the Nation with Margaret Brennan" that he hopes "we are on the way" to a U.S. drone deal
Suspect accused of killing 3 elderly men in Hawaii charged with murder
The suspect accused of killing three elderly men in a rural part of Hawaii's Big Island has been charged with murder, among a number of other offenses, police said Sunday.
Full transcript of "Face the Nation with Margaret Brennan," May 31, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Ukrainian President Volodymyr Zelenskyy and former Vice President Mike Pence join Margaret Brennan.
Pence on Trump's weaponization fund: "My hope is the administration will drop it"
Former Vice President Mike Pence said on Sunday that he hopes the administration will drop its new "anti-weaponization fund" that has sparked pushback on Capitol Hill among Republicans.
4th U.S. strike this week on alleged drug boat kills 3 people
More than 200 people have been killed in the monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
MoneyWatch
More MoneyWatch
5 economic signals suggest U.S. consumers are feeling the strain
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Why have tomato prices surged nearly 40% in a year?
Experts point to several factors, from tariffs to weather, behind the rapid price increase in the humble tomato.
Southwest revises its overweight passenger rules. Here's what's changing.
Southwest is walking back some recent changes in its policies for passengers who require a second seat.
Data center frenzy is spurring a jobs boomlet for blue-collar workers
The rush to build thousands of U.S. data centers is driving demand for some workers, though economists project fewer permanent jobs.
Treasury Dept. is weighing a $250 bill with Trump's image
The department said it is preparing for the banknote in response to legislation proposed last year.
Politics
More Politics
Zelenskyy says "more pressure" is needed to get Putin to negotiate peace deal
Ukrainian President Volodymyr Zelenskyy told "Face the Nation with Margaret Brennan" that he hopes "we are on the way" to a U.S. drone deal
Full transcript of "Face the Nation with Margaret Brennan," May 31, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Ukrainian President Volodymyr Zelenskyy and former Vice President Mike Pence join Margaret Brennan.
Pence on Trump's weaponization fund: "My hope is the administration will drop it"
Former Vice President Mike Pence said on Sunday that he hopes the administration will drop its new "anti-weaponization fund" that has sparked pushback on Capitol Hill among Republicans.
4th U.S. strike this week on alleged drug boat kills 3 people
More than 200 people have been killed in the monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Exclusive
Zelenskyy alleges Russia is abducting Ukrainian kids, training them to fight
This is the first time Ukrainian President Volodymyr Zelenskyy has made this accusation, which may constitute a war crime.
HealthWatch
More HealthWatch
New drug nearly doubles survival rates in some pancreatic cancer patients, study says
New research shows a medication called daraxonrasib is helping people with advanced pancreatic cancer live longer.
Woman diagnosed with cancer after minor symptoms: "Couldn't believe it"
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
Trump directs CDC to align with assessment calling for fewer childhood vaccines
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
Kenyan court blocks opening of U.S. Ebola quarantine center on air base
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Ebola, hantavirus outbreaks raise questions about Trump's health agency cuts
Infectious disease specialists say the viruses are unlikely to become pandemics, but some are still raising concerns about the federal health response.
World
More World
Diver details "heartwarming" moments after miners emerged from Laos cave
Lead rescue diver Mikko Paasi said it took him a moment to realize the four trapped miners had "self-rescued."
Exclusive
Zelenskyy alleges Russia is abducting Ukrainian kids, training them to fight
This is the first time Ukrainian President Volodymyr Zelenskyy has made this accusation, which may constitute a war crime.
Transcript: Former Vice President Mike Pence on "Face the Nation with Margaret Brennan," May 31, 2026
The following is the transcript of the interview with former Vice President Mike Pence that aired on "Face the Nation with Margaret Brennan" on May 31, 2026.
Transcript: Sen. Chris Murphy on "Face the Nation with Margaret Brennan," May 31, 2026
The following is the transcript of the interview with Sen. Chris Murphy, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on May 31, 2026.
Checking out The Human Library
At a very special library in Copenhagen, Denmark, the "books" being checked out are actual human beings, who offer 30-minute conversations on a wealth of subjects – allowing "readers" a better understanding of humanity.
Entertainment
More Entertainment
Entertainment
Rare photos of Beatles' final ticketed concert
No one knew it at the time, but the Beatles performed their final ticketed concert 60 years ago in San Francisco. Anne Makovec shows us a new collection of rare photos from that historic night.
5/31: Sunday Morning
Hosted by Jane Pauley. Featured: Marilyn Monroe at 100; former first lady Jill Biden; children detained at the ICE facility in Dilley, Texas; living "books" at The Human Library; pickleball superstar Anna Leigh Waters; and the Undercroft beneath the Lincoln Memorial opens to the public.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including legendary jazz saxophonist Sonny Rollins.
Marilyn Monroe at 100
She was, and remains, one of cinema's most brilliant stars. Norma Jeane Baker, known to the world as Marilyn Monroe, died in 1962 at age 36, but she left a legacy of classic films, fashion, and a carefully-crafted celebrity image.
Marilyn Monroe at 100
She was, and remains, one of cinema's most brilliant stars. Norma Jeane Baker, known to the world as Marilyn Monroe, died in 1962 at age 36, but she left a legacy of classic films, fashion, and a carefully-crafted celebrity image. To mark the centenary of her birth, the Academy Museum of Motion Pictures is launching an exhibition, "Marilyn Monroe: Hollywood Icon." Correspondent Tracy Smith talks with those studying the sex symbol's life and career, and those who are preserving her film persona.
Technology
More Technology
Technology
Why did Trump postpone signing an order on AI?
Last week, President Trump was expected to sign an executive order on artificial intelligence, but abruptly postponed the event. Politico White House reporter Diana Nerozzi joins to examine what happened.
Is AI a helpful tool for finding love?
Dating apps are matching up with artificial intelligence as romance-seekers demand new ways to find love. Venture capitalist Matt Shumer joins "CBS Mornings" with more 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.
Examining the public sentiment on AI
Pope Leo has released the first encyclical of his papacy, focusing on humanity and, in part, warning of the risks posed by the growing use of artificial intelligence. The message comes amid growing dissent among young people over AI. Nicholas Thompson, CEO of The Atlantic, joins to discuss.
Google worker arrested over Polymarket bets
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
Science
More Science
New species of blue octopus discovered 5,900 feet underwater
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Crime
More Crime
Suspect accused of killing 3 elderly men in Hawaii charged with murder
The suspect accused of killing three elderly men in a rural part of Hawaii's Big Island has been charged with murder, among a number of other offenses, police said Sunday.
Deputy Spivey on Trial
A TV bailiff accused of murdering his wife is determined to prove his innocence. "48 Hours" correspondent Natalie Morales reports.
TV bailiff accused in wife's shooting death: "I didn't pull the trigger"
Renard Spivey says he was trying to protect himself when he says his wife Patricia confronted him at gunpoint in their Houston home.
California voters' top concern includes crime
In California, voters across the state head to the polls next week to choose new leaders. In Los Angeles, the race for mayor is hotly contested, and so is the issue of crime. Adam Yamaguchi is there with more.
Pam Bondi testifying on Epstein
Former Attorney General Pam Bondi was heckled by Epstein abuse survivors before she entered a closed-door interview to testify for House Oversight Committee members about the Justice Department's Epstein probe. CBS News' Jake Rosen reports.
Space
More Space
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Blue Origin assesses impact of New Glenn explosion
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
Blue micromoon makes rare appearance this weekend
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
NASA's moon base plans include landers, buggies and drones for 2028 mission
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
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
5/31/2026: Germany Rearms; Freezing the Biological Clock
First, why Germany is rearming, modernizing its military. And, a look at how egg freezing offers options for women, despite the cost and concerns.
5/31: CBS Weekend News
Trump slams artists who pulled out of "Freedom 250" events in social media posts; Israel expands offensive in Lebanon as U.S. and Iran continue talks.
Rare photos of Beatles' final ticketed concert
No one knew it at the time, but the Beatles performed their final ticketed concert 60 years ago in San Francisco. Anne Makovec shows us a new collection of rare photos from that historic night.
Residents near Hollywood sign on tourism issues
Residents say the growing number of tourists near the Hollywood sign is creating a chaotic and dangerous situation. Jeff Nguyen reports.
High prices keeping Americans from buying new cars
For decades, buying a new car was a milestone. Now, for a lot of Americans, it's starting to look more like a luxury. Carter Evans reports.