Federal Reserve maintains its benchmark interest rate at June meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5%
Interest Rates
Why the Fed held interest rates steady again
The Federal Reserve held its benchmark interest rate steady on Wednesday despite President Trump's push for a cut. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Fed leaves interest rates unchanged
The Federal Reserve held interest rates steady again on Wednesday, despite pressure from President Trump to cut rates. CBS News business analyst Jill Schlesinger reports.
The Fed is making a rate decision today. Here's what to expect.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
Trump says Fed Chair is "not a smart person"
President Trump said that Federal Reserve Chair Jerome Powell is "not a smart person" ahead of Wednesday's interest rate decision. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Fed set to decide interest rates
The Federal Reserve is set to announce what's next for its benchmark interest rate on Wednesday. CBS News business contributor Javier David joins "CBS Morning News" with more on what to expect.
Oil prices soar amid Israel-Iran conflict
Oil costs soared Tuesday as the conflict between Israel and Iran intensified, with crude prices up more than four percentage points. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Fed expected to hold interest rates steady
The Federal Reserve is meeting for the next two days and will announce its latest decision on U.S. interest rates Wednesday. Javier David, the business editor at the Dallas Morning News, joins with more.
ADP employment report shows hiring slowdown
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch correspondent Kelly O'Grady unpacks the data and what it could mean for the U.S. economy.
Trump again urges Fed to lower interest rates
President Trump is again publicly calling for Federal Reserve Chair Jerome Powell to lower interest rates after a new employment report shows job creation slowed in May. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Trump met with Fed chair Powell
President Trump met with Federal Reserve Chair Jerome Powell at the White House as the nation navigates prolonged inflation and a period of economic uncertainty. CBS News chief White House correspondent Nancy Cordes has more details.
Impact of Moody's U.S. credit downgrade
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
Understanding cycle of deficit spending, debt
The U.S. economy is the largest globally, but its debt outweighs that distinction by trillions. Maya MacGuineas, president of the nonpartisan nonprofit Committee for a Responsible Federal Budget, joins "America Decides" to explain why that's a problem, and how increasing that debt with the latest budget proposal could hurt average Americans.
Trump calls Powell a "FOOL" over rates
President Trump is still insulting Federal Reserve Chair Jerome Powell on social media. This comes after Powell's latest decision to leave interest rates unchanged. CBS News contributor Javier David has more.
Behind Fed decision to hold rates steady
The Federal Reserve left its benchmark interest rate unchanged. Jo Ling Kent reports.
Fed ignores Trump's call for cuts
The Federal Reserve held interest rates steady on Wednesday, going against President Trump's repeated calls for cuts. CBS News' Jo Ling Kent and Weijia Jiang have the latest.
Powell warns of risks from tariffs
The Federal Reserve held interest rates steady on Wednesday as policymakers assessed the economic impact of President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Fed leaves interest rates unchanged
The Federal Reserve announced Wednesday that it would leave interest rates unchanged despite pressure from President Trump to cut rates. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
The key points in Trump's budget proposal
The Trump administration has unveiled its budget blueprint for 2026. Now, it's only a matter of getting Congress on board. Plus, more jobs were added to the U.S. economy in April than expected, despite uncertainty with the Trump administration's tariff plans against trade partners. CBS News' Willie James Inman and Jo Ling Kent have the latest.
Trump: "No intention of firing" Powell
President Trump told reporters Tuesday he has "no intention of firing" Federal Reserve Chairman Jerome Powell, one day after Mr. Trump called Powell a "major loser." Stef Kight, politics reporter at Axios, and Jake Traylor, White House reporter at Politico, join "America Decides" to discuss the president's comments and more.
Trump ramps up attacks on Fed Chair Powell
President Trump derided Federal Reserve Chairman Jerome Powell in a social media post on Monday as a "major loser" and pressed him to lower interest rates "NOW." CBS News political director Fin Gómez joins with analysis.
Sen. Warren warns Trump against firing Powell
President Trump lashed out at Federal Reserve Chair Jerome Powell in a social media post on Thursday, saying his termination "cannot come fast enough." CBS News' Fin Gómez and Kelly O'Grady report.
Federal Reserve's Neel Kashkari on tariffs
President Trump announced Wednesday that he is raising tariffs on China to 125% and pausing tariffs for several other countries. Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, joins "America Decides" with his take on inflation, tariffs and possible Fed moves.
Stocks tumble for second straight day
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
Live
Trump says Iran talks continuing after regime threatens "other fronts" in war
The Iranians' latest move in the war came in response to what it considers U.S. and Israeli ceasefire violations.
DOJ says it will stop work on $1.8 billion "anti-weaponization fund"
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Fraudsters bought Kobe Bryant sneakers and Ferraris with taxpayer funds
For law enforcement investigating fraud cases, the hard part can be following the money to figure out where the tax dollars have gone.
Exclusive
U.S. sought Russia's help to free Austin Tice in first Trump term, ex-envoy says
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Lab worker who vanished last year found dead in New Mexico national forest
Melissa Casias was employed at the Los Alamos National Laboratory when she went missing last year, her niece said.
Divided appeals court rules transgender military ban is unconstitutional
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
Multiple people killed, officer wounded in Oregon shooting
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
United flight makes U-turn over "four-letter word" Bluetooth device
According to air traffic control audio, security came to inspect the aircraft after someone named their Bluetooth device a "certain four-letter word."
Exclusive
Trump plan would allow for quick asylum rejections, documents show
The regulation, described in internal documents obtained by CBS News, would be the latest effort by President Trump's White House to tighten access to the U.S. asylum system.
U.S.
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About 1 in 4 professionals is stuck in a mid-career stall, study finds
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
Florida sues OpenAI over alleged harms caused by ChatGPT
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
DOJ says it will stop work on $1.8 billion "anti-weaponization fund"
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Lab worker who vanished last year found dead in New Mexico national forest
Melissa Casias was employed at the Los Alamos National Laboratory when she went missing last year, her niece said.
What to know about the major student loan changes coming July 1
The changes will affect how much students and their parents can borrow, as well as their repayment options.
MoneyWatch
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About 1 in 4 professionals is stuck in a mid-career stall, study finds
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
What to know about the major student loan changes coming July 1
The changes will affect how much students and their parents can borrow, as well as their repayment options.
Anthropic files for IPO, setting up public-market test of AI boom
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
Barry Diller's People Inc. offers to buy MGM Resorts
Diller said that MGM's properties, such as the Bellagio in Las Vegas, can't be easily replaced by AI.
Americans' financial literacy slumps to a 10-year low
A TIAA-Stanford University survey found that fewer people can correctly answer questions involving basic financial concepts. See how you fare.
Politics
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DOJ says it will stop work on $1.8 billion "anti-weaponization fund"
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Divided appeals court rules transgender military ban is unconstitutional
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
U.S. political commentators say U.K. barred them "for criticizing Israel"
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
Exclusive
U.S. sought Russia's help to free Austin Tice in first Trump term, ex-envoy says
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Congress returns with GOP agenda stalled over DOJ's "anti-weaponization" fund
Congress is returning from recess to resume work on funding immigration agencies, following a GOP revolt over the Trump administration's "anti-weaponization" fund.
HealthWatch
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A nurse stole fentanyl and AI missed it, state records say
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
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.
World
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U.S. political commentators say U.K. barred them "for criticizing Israel"
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
666 bus to Hel back in business, as doomed tourist route is resurrected
News that the 666 to Hel was back has spread quickly across Polish social media accounts, and beyond.
Exclusive
U.S. sought Russia's help to free Austin Tice in first Trump term, ex-envoy says
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Exclusive
Woman from Iran describes fear for loved ones: "Sense of terror"
An Iranian woman who now lives in the U.S. spoke with CBS News as the war with Iran entered its fourth month.
Live
Trump says Iran talks continuing after regime threatens "other fronts" in war
The Iranians' latest move in the war came in response to what it considers U.S. and Israeli ceasefire violations.
Entertainment
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Entertainment
"Backrooms" makes historic Hollywood debut
Kane Parsons' psychological thriller "Backrooms" earned $81.5 million on its first weekend. Carter Evan reports on how the film's success could change Hollywood.
Anna Faris on the new "Scary Movie"
Anna Faris, who stars in the new "Scary Movie," joins "CBS Mornings" to discuss reviving the role she played in the original film, which debuted in 2000.
Winnie Harlow discusses her new children's book
Model and entrepreneur Winnie Harlow sits down with "CBS Mornings" to discuss her new children's book, "Simply Winnie," and the message she hopes to pass on.
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.
Technology
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Technology
Early details on Anthropic's IPO filing
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Florida sues OpenAI over alleged harms caused by ChatGPT
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Anthropic confidentially files for IPO
Anthropic, the artificial intelligence company that created the Claude chatbot, said Monday it has confidentially filed for an initial public offering.
Can hackers pull your fingerprints from photos online? Experts explain.
Claims have circulated on social media that fingerprints can be pulled from photos featuring peace signs, but experts say the risk to the average person is low.
Science
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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
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Crime
Judge keeps hearing public in Kirk murder case
A preliminary hearing for Tyler Robinson, the man accused of killing conservative activist Charlie Kirk, will be open to the media and the public, a judge ruled Monday. CBS News' Anna Schecter has more.
Key hearing for Charlie Kirk murder suspect will be public, judge rules
A Utah judge denied a request from the suspect accused of killing Charlie Kirk to restrict access to parts of his July preliminary hearing.
Multiple people killed, officer wounded in Oregon shooting
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
Teen accused of stabbing 3 horses during racing event in Las Vegas
A teen girl has been arrested and charged for allegedly stabbing three horses during a racing event in Las Vegas, police said.
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.
Space
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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
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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
More Latest CBS News Videos
Latest CBS News Videos
Judge keeps hearing public in Kirk murder case
A preliminary hearing for Tyler Robinson, the man accused of killing conservative activist Charlie Kirk, will be open to the media and the public, a judge ruled Monday. CBS News' Anna Schecter has more.
Early details on Anthropic's IPO filing
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
DOJ stopping work on "anti-weaponization" fund
The Justice Department said Monday it will stop work on a $1.776 billion "anti-weaponization" fund. CBS News chief White House correspondent Nancy Cordes reports.
DOJ to stop work on "anti-weaponization fund"
The Justice Department said Monday it will stop work on its "anti-weaponization fund" after a judge's ruling. CBS News' Ed O'Keefe and Jake Rosen have the latest.
Previewing Tuesday's primaries in six states
Six states are holding primary elections on Tuesday. CBS News' Fin Gómez breaks down the races.