Record share of Americans carry credit card debt, can't pay off bills
About 111 million Americans are carrying credit card balances, a 17% increase in five years, new research shows.
Interest Rates
What's behind Fed's interest rate decision
The Federal Reserve left U.S. interest rates unchanged for a third consecutive time on Wednesday. CBS News coordinating producer Richard Escobedo has more.
Economic uncertainty fuels Fed's rate decision
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, citing economic uncertainty, including potential impacts from the war in Iran. CBS News coordinating producer Richard Escobedo has the details.
Federal Reserve holds interest rates steady, citing economic uncertainty
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Dow closes down after Fed holds rates steady
The stock market responded negatively on Wednesday after the Federal Reserve left its benchmark interest rate unchanged for a second straight policy meeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Fed decides to hold interest rates steady
The Federal Reserve announced Wednesday it would hold interest rates steady at 3.5% to 3.75%. CBS News' Kelly O'Grady reports.
The Iran war is making it harder for Fed officials to cut interest rates
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Judge quashes subpoenas sent to Federal Reserve
A judge on Friday quashed subpoenas sent to the Federal Reserve as part of the Justice Department's criminal probe. CBS News justice correspondent Scott MacFarlane has the details.
Pirro blasts judge's ruling quashing Fed subpoenas
U.S. Attorney for the District of Columbia Jeanine Pirro held a fiery news conference on Friday after a judge quashed subpoenas sent to the Federal Reserve as part of the Justice Department's criminal probe. CBS News' Scott MacFarlane joins with analysis.
Home prices could dip in 22 U.S. cities next year, report says. See where.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
How Federal Reserve rates impact your wallet
Here's how changes at the Federal Reserve can matter in your life as President Trump pushes for new leadership.
Trump names Kevin Warsh as Fed Chair pick
President Trump on Friday announced former Fed Gov. Kevin Warsh as his pick to replace Jerome Powell as Federal Reserve Chair. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Warsh's experience.
Trump says he will pick Fed chair next week
President Trump held his first Cabinet meeting of the year on Thursday, addressing a range of topics, including the future of the Federal Reserve. CBS News White House reporter Olivia Rinaldi has more.
Why the Fed held interest rates steady
The Federal Reserve, as expected, left its benchmark interest rate unchanged on Wednesday. The decision to keep the rate at its current mark comes after the central bank ended 2025 with three consecutive rate cuts. CBS News business analyst Jill Schlesinger breaks down the decision.
Powell: Economy has "pushed right through" trade changes
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating producer Richard Escobedo has the latest.
No change to interest rates, Fed announces
The Federal Reserve announced Wednesday that interest rates would remain unchanged, holding steady in its current range of 3.5% to 3.75%. CBS News business analyst Jill Schlesinger has more.
Federal Reserve cuts decision expected
The Federal Reserve is expected to make its first announcement of the year regarding interest rate cuts. Greg Robb, a senior reporter for MarketWatch, joins CBS News with more.
Fed to make first 2026 interest rate decision
The Federal Reserve is meeting Tuesday to discuss its first interest rate decision of 2026 on Wednesday. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
Luna pushes for bill capping credit card rates
Earlier this month, President Trump ordered banks to lower credit card interest rates to 10%. Nothing has happened because legislation is required. Republican Rep. Anna Paulina Luna of Florida joined CBS News to discuss her bill with Democratic Rep. Alexandria Ocasio-Cortez that would codify the 10% cap.
Trump officials predict a 2026 economic boom. Here's what experts say.
Commerce Secretary Howard Lutnick predicts that first-quarter economic growth will heat up to 5%. But sustaining that pace won't be easy, economists say.
U.S. mortgage rates are dropping
Mortgage rates have dropped to a three-year low, prompting some homeowners to consider refinancing. CBS News' Megan Cerullo reports.
Trump pushes credit card interest rates cap
President Trump is pushing for a 10% interest rate cap for credit cards. CBS News' Jill Schlesinger breaks down the implications.
What Trump's 10% credit card rate cap would mean for consumers
Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
Lawmakers warn Fed's independence at stake
The Trump administration's Justice Department has launched a criminal investigation of Fed Chair Jerome Powell tied to the renovation of the Federal Reserve's headquarters. The move has prompted backlash from both sides of the aisle. Weijia Jiang reports.
Powell responds to federal investigation
Federal Reserve Chair Jerome Powell said in a video Sunday that the Justice Department is investigating whether he lied to Congress about the Central Bank's renovation project. He compared the threat of criminal indictment to intimidation and said, "This unprecedented action should be seen in the broader context of the administration's threats and ongoing pressure." Scott MacFarlane reports.
Live
Trump warns Iran to accept defeat as Israel kills another top commander
Trump warns Iran to make a deal on his terms "before it is too late," as Israel says it's killed the Iranian commander behind the Strait of Hormuz closure.
Exclusive
Maduro held in a "jail inside of a jail" under special restrictions, sources say
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
TSA forced to consolidate lanes, may have to close small airports
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
Live
Senate searches for end to DHS shutdown after deal stalls
Lawmakers are looking for a way out of the Department of Homeland Security shutdown that has roiled air travel after a potential deal stalled. Follow live updates.
Trump official refers New York AG Letitia James for prosecution again
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago.
DOJ tells judge it incorrectly used ICE memo for immigration court arrests
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Census shows U.S. metro areas where growth slowed the most in 2025
Population estimates released by U.S. Census Bureau show growth rates slowed sharply in metro areas in 2025, as immigration dropped and hurricanes pushed people out of some Gulf Coast counties.
House Dem accused of stealing FEMA funds set to face rare ethics "trial"
Rep. Sheila Cherfilus-McCormick of Florida is accused of using part of the $5 million to bolster her campaign and on luxury goods.
U.S.
More U.S.
Americans face calls to cut their energy usage as Iran war drags on
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
Russia is helping Iran with intel to kill Americans, says top EU diplomat
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
More than 100 daily high temperature records expected this week
As a searing heat wave slowly expands over the western two-thirds of the U.S., more than 100 daily temperature records are forecast through Sunday.
Kennedy Center announces Bill Maher will receive Mark Twain Prize
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
MoneyWatch
More MoneyWatch
Americans face calls to cut their energy usage as Iran war drags on
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
As wealth taxes gain traction, Warren proposes levy on the ultra-rich
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
USPS to add temporary fuel surcharge for some postage prices
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
$100,000 in Social Security benefits? New proposal would cap them.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Trump waives summer gasoline regulations to ease fuel prices
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
Politics
More Politics
Kennedy Center announces Bill Maher will receive Mark Twain Prize
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
DOJ tells judge it incorrectly used ICE memo for immigration court arrests
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
Live
Senate GOP sends Democrats "last and final" offer to end DHS shutdown
Senate Majority Leader John Thune said Republicans have submitted what their "last and final" offer to end the DHS shutdown. Follow live updates.
Exclusive
Maduro held in a "jail inside of a jail" under special restrictions, sources say
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
TSA forced to consolidate lanes, may have to close small airports
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
HealthWatch
More HealthWatch
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
World
More World
Transgender women athletes banned from women's Olympic events
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Russia is helping Iran with intel to kill Americans, says top EU diplomat
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
Alleged Hezbollah member on U.S. terror list is arrested in Ecuador
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
Rare mountain gorilla twins born in national park again
Twin mountain gorillas were recently born in the Virunga National Park, renowned for its biodiversity but threatened by conflict.
Live
Witkoff says U.S. presented Iran with 15-point plan for potential peace proposal
President Trump warned Iran to make a deal on his terms "before it is too late."
Entertainment
More Entertainment
Entertainment
Camila Morrone talks new horror series
Camila Morrone, who stars in the series "Something Very Bad Is Going to Happen," speaks to "CBS Mornings" about the show, what intimidated her about the horror genre, and working with the Duffer brothers.
Stunning "Survivor" elimination ceremony
(Spoilers ahead) "CBS Mornings" reveals shocking details about the latest "Survivor" elimination ceremony.
Colbert to co-write "Lord of the Rings" film
Oscar-winning filmmaker Peter Jackson announced on Wednesday that "The Late Show" host Stephen Colbert will co-write the next "Lord of the Rings" movie. "The Late Show" airs its final episode in May.
MLB's "robot umpire" debuts in Yankees-Giants season opener
Major League Baseball's "robot umpire" made its debut in the season-opening New Yankees-San Francisco Giants game in Oracle Park.
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Technology
More Technology
Technology
Key takeaways from Meta, YouTube case ruling
Meta and YouTube were found liable on all charges in a landmark social media addiction trial. CBS News' Jo Ling Kent reports.
Verdict in social media addiction trial
After days of deliberation, a jury in Los Angeles found Meta and YouTube liable for creating platforms designed to be addictive for kids and for failing to warn them. The plaintiff was awarded $6 million in damages in the case. Meta and Google, which owns YouTube, both say they'll appeal.
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.
New Mexico attorney general on win over Meta
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
Why regulating AI is so difficult
For years, governments have attempted to regulate new, emerging technologies on a global scale. Roland Fryer, a CBS News contributor and author of the Wall Street Journal op-ed "The Economics of Regulating AI," breaks it down.
Science
More Science
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Amputee sea turtle being tracked at sea from space
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Pit viper among new species discovered in cave in Cambodia
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
How a fun nature app aids science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
Crime
More Crime
Crime
Gender-based violence policy, training unit
The New York City Police Department is unveiling its gender-based violence policy and training unit to help survivors and investigate aggressors. CBS News' Anna Schecter reports.
Venezuela's Nicolás Maduro in court today
Former Venezuelan President Nicolás Maduro is expected in court today for a hearing where he is expected to seek the dismissal of charges against him. CBS News' Anna Schecter has more.
Exclusive
Maduro held in a "jail inside of a jail" under special restrictions, sources say
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
Alleged Hezbollah member on U.S. terror list is arrested in Ecuador
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Space
More Space
Fireball captured on video as meteor streaks across Pacific Northwest sky
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
NASA to spend $20 billion on ambitious moon base
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Possible meteorite crashes into Houston area home, officials say
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Eileen Collins on breaking barriers in space
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
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
Trump on Iran war at Cabinet meeting
President Trump is commenting on the Iran war at the first Cabinet meeting since the conflict in the Middle East began. CBS News' Olivia Rinaldi reports.
H. R. McMaster on Trump rhetoric on Iran war
CBS News contributor H. R. McMaster, President Trump's national security adviser during his first presidential term, joins with more details on what may come next for President Trump and the military operations in the Middle East.
Details on Iran's conditions to stop the war
More details are emerging about Iran's apparent conditions to stop the war in the Middle East. CBS News' Holly Williams reports.
Trump says Iran is "begging to make a deal"
President Trump held his first Cabinet meeting since the war in Iran began, and he continues to claim that Tehran wants to negotiate with the U.S. Mr. Trump also slammed NATO for its reluctance to join efforts against the regime.
Sponsored
Tips to use your 2026 tax refund
Here are some tips on how to use your 2026 tax refund as the IRS begins paying Americans. CBS News' Jill Schlesinger reports. (Sponsored by AT&T Business)