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.
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Mortgage rates have dropped to a three-year low, prompting some homeowners to consider refinancing. CBS News' Megan Cerullo reports.
President Trump is pushing for a 10% interest rate cap for credit cards. CBS News' Jill Schlesinger breaks down the implications.
Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
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.
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.
With just one day left of trading before the new year, CBS News is taking a look at where things stand today and what might be driving the markets in 2026. Dallas Morning News business editor Javier David joins with more.
Bank of America CEO Brian Moynihan talks prices, affordability, inflation predictions for 2026, the "shock" from the business community when President Trump enacted tariffs and how "the market will punish people if we don't have an independent Fed." Editor's note: This interview was filmed on Dec. 17, 2025.
The U.S. Bureau of Labor Statistics released last month's jobs report on Tuesday, which showed that 64,000 jobs were added in November after losing 105,000 in October. CBS News MoneyWatch correspondent breaks down how unemployment data could impact the Fed's next interest rate decision
White House National Economic Council Director Kevin Hassett, who is on the shortlist of President Trump's picks to take over as Fed chair, told "Face the Nation with Margaret Brennan" that Mr. Trump's voice "would have no weight" in interest rate decisions if he is chosen.
The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points. It's the third consecutive rate cut for the Fed as inflation continues to rise. CBS News MoneyWatch correspondent Kelly O'Grady explains what it means for you.
The Federal Reserve on Wednesday cut interest rates by a quarter of a percentage point, the third rate cut this year. CBS News business analyst Jill Schlesinger has more.
President Trump said Wednesday that the U.S. military seized an oil tanker off the coast of Venezuela. CBS News chief White House correspondent Nancy Cordes reports.
The Federal Reserve cut interest rates by a quarter percentage point on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the Federal Reserve's interest rate decision on Wednesday and how Americans are feeling about affordability.
It appears all but certain that the Federal Reserve will cut interest rates on Wednesday. CBS News business analyst Jill Schlesinger explains why.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
New data released Monday show how the shutdown impacted the economy in September and raised questions over whether the Federal Reserve will cut interest rates again before 2026. Kristin Myers, the ETF editor-in-chief for Asset TV, joins with more.
The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs.
Nvidia's latest earnings report came in Wednesday, and its results were higher than Wall Street expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what that means for consumers.
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
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.
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.
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.
Trump says the U.K. decision to hand a strategic island to Mauritius, which he previously supported, was stupid, and justification for his attempt to acquire Greenland.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
A U.S. citizen detained by ICE at gunpoint in his underwear in frigid conditions in Minnesota asks, "What did I do wrong?" The Associated Press says
A new study finds that warming temperatures are causing Antarctic penguins to breed earlier, threatening some species with extinction by century's end.
The death toll from the train crash in southern Spain continues to rise as officials are left perplexed by the cause, but rule out sabotage.
GOP Rep. Julia Letlow is jumping into the Louisiana Senate race after President Trump encouraged her to challenge Sen. Bill Cassidy in the state's primary.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the good ol' USA."
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."
GOP Rep. Julia Letlow is jumping into the Louisiana Senate race after President Trump encouraged her to challenge Sen. Bill Cassidy in the state's primary.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
President Trump has reshaped America's approach to foreign policy, pressured political enemies, downsized the federal workforce and prioritized deportations his first year in office.
Dr. Rachel Nazarian, a board-certified dermatologist, joins "CBS Mornings" to share her tips for saving your dry winter skin.
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."
A new study finds that warming temperatures are causing Antarctic penguins to breed earlier, threatening some species with extinction by century's end.
Ancient messages and drawings are among hundreds of inscriptions that archaeologists recently uncovered on a wall in Pompeii.
Authorities released an image from the operation, showing a naval helicopter hovering above a vessel with packages laid out on the deck.
The 19-year-old woman was found on a beach at K'gari. Police said her body had been "interfered with" by dingoes.
The cast of the series "Queer Eye" talks to "CBS Mornings" about a member of the show's absence, the series' legacy ahead of its 10th and final season and how it has impacted them.
Acclaimed fashion designer Valentino Garavani, known simply as Valentino, has died at age 93. Seth Doane looks back at his life and legacy.
Billy Bob Thornton joins "CBS Mornings" to discuss the second season of the hit series "Landman," which he stars in as oil executive Tommy Norris. Thornton talks about his immediate chemistry with Ali Larter and why the show resonates with viewers.
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
As a young boy, Judd Apatow says he wanted to grow up to be like the director of such classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol: "Mel Brooks: The 99 Year Old Man!"
"Sunday Morning" looks back at historical events on this date.
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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.
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
Aimee Bock, who has been called the "mastermind" behind a major fraud case in Minnesota, spoke with CBS News Minnesota's Jonah Kaplan from her jail cell about her alleged crimes.
The Trump administration is navigating multiple lawsuits surrounding federal immigration raids in Minnesota. CBS News' Camilo Montoya-Galvez reports.
The woman prosecutors say was the "mastermind" of Minnesota's biggest COVID-era fraud scheme is speaking exclusively with CBS News. Last year, Aimee Bock was convicted of orchestrating a $250 million plot to defraud a government program to feed hungry children. In a video call from her Minnesota jail cell, Bock defended her actions while also admitting regrets.
Authorities released an image from the operation, showing a naval helicopter hovering above a vessel with packages laid out on the deck.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
NASA says it could be just weeks away from launching astronauts on a flight around the moon for the first time in more than half a century. Final preparations are underway at Kennedy Space Center in Florida, where the Artemis II moon rocket is expected to roll out to the launch pad on Saturday.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Delaware Democratic Sen. Chris Coons says European nations may trust the U.S. less as alarm rises over President Trump's threats of tariffs for those who oppose his Greenland takeover bid. CBS News' Ed O'Keefe spoke to Coons in Davos, Switzerland, during the World Economic Forum.
A major winter storm slammed the northern U.S. In Michigan, blizzard-like conditions led to a massive pileup involving more than 100 cars and trucks. Meanwhile, an intense snow squall also battered parts of western New York. Tom Hanson reports.
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President Trump says he sent Russian President Vladimir Putin an invitation to join his "Board of Peace," which will supervise the next phase of the Gaza peace plan. CBS News contributor Robert Berger has more.
Snowstorms and freezing conditions are worsening driving conditions in the Northeast and Midwest U.S. CBS News' Tom Hanson has more.