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Treasury Secretary Janet Yellen has told congressional lawmakers the U.S. is likely to reach its debt limit next Thursday, Jan. 19. Javier David, managing editor of business and markets at Axios, and a CBS News contributor, discussed what the implications could be if that happens, and what tools are available to delay a potential default.
Janet Yellen on recession fears, inflation and the war in Ukraine; Families suing social media companies; Cape Town's College of Magic.
In 2009, as head of the San Francisco Fed, Janet Yellen gave an impassioned speech to staff about the thousands of Americans losing jobs during the Great Recession.
For the first time in American history, both of the signatures on the dollar belong to women: U.S. Treasurer Lynn Malerba and Treasury Secretary Janet Yellen. 60 Minutes joined Secretary Yellen to view the freshly printed currency.
In the U.S., inflation is at a 40-year high. Secretary of the Treasury Janet Yellen told 60 Minutes she sees positive signs that many of the underlying causes are being resolved and that by the end of 2023, inflation will be substantially reduced.
The Federal Reserve is set to meet this week to discuss another possible interest rate hike. The two-day meeting comes after Treasury Secretary Janet Yellen saying she predicts a significant reduction in inflation by the end of next year. Kristin Myers, the editor-in-chief at The Balance, joins CBS News to discuss.
Janet Yellen on recession fears, inflation and the war in Ukraine; Families suing social media companies; Cape Town's College of Magic.
The treasury secretary tells Norah O’Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.
The treasury secretary tells Norah O'Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.
The Treasury Secretary told 60 Minutes a risk of a recession remains, but she doesn't believe it's "necessary to bring inflation down."
"I believe inflation will be lower. I am very hopeful that the labor market will remain quite healthy," Yellen tells Norah O'Donnell. See the interview, Sunday on 60 Minutes.
Janet Yellen is set to unveil the first U.S. currency bearing her signature, marking the first time that U.S. bank notes will bear the name of a female treasury secretary.
The move is key for Western powers' efforts to prevent oil price spikes and starve Russia of funding for its war in Ukraine.
Her comments came days after President Biden said the acquisition was "worth being looked at" on national security grounds.
The CDC's Advisory Committee on Immunization Practices will no longer recommend infants receive a hepatitis B vaccination at birth, instead delaying the first dose for two months.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
The Trump administration says societal threats mean some European nations may not be "strong enough to remain reliable allies."
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Luigi Mangione was unable to appear in court Friday due to illness, so a a crucial court hearing about what evidence should be admitted in the trial was postponed until Monday morning.
The seizures come as Colombian President Gustavo Petro is calling on the U.S. to end strikes in the region against apparent drug-carrying vessels.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
The assassination of conservative activist Charlie Kirk, President Trump's "big, beautiful bill," and the longest government shutdown in U.S. history ranked among Google's top search trends this year.
The CDC's Advisory Committee on Immunization Practices will no longer recommend infants receive a hepatitis B vaccination at birth, instead delaying the first dose for two months.
The assassination of conservative activist Charlie Kirk, President Trump's "big, beautiful bill," and the longest government shutdown in U.S. history ranked among Google's top search trends this year.
A former autoworker was given back his retirement through the kindness of strangers.
Christine Kuehn uncovered a devastating family secret long hidden by her father: her grandfather, Otto, was a Nazi spy who passed military information on to the Axis powers in the run-up to the attack on Pearl Harbor.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
A former autoworker was given back his retirement through the kindness of strangers.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Job cuts so far this year are at their highest levels since 2020, new report says.
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
At least 87 people have been killed since the vessel strikes began in early September.
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
The CDC's Advisory Committee on Immunization Practices will no longer recommend infants receive a hepatitis B vaccination at birth, instead delaying the first dose for two months.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
The Trump administration says societal threats mean some European nations may not be "strong enough to remain reliable allies."
The seizures come as Colombian President Gustavo Petro is calling on the U.S. to end strikes in the region against apparent drug-carrying vessels.
As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.
The special edition locket was inspired by the James Bond film "Octopussy," which revolves around a plot to steal a rare Faberge egg.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
The New York Times bestselling author returns to the village of Mitford in her 15th novel featuring Father Tim Kavanagh.
Amy Allen, who is up for four Grammys, including songwriter of the year, sits down with Anthony Mason to talk about how she went from a nursing student to writing Grammy-nominated hits for Sabrina Carpenter and other pop stars.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Lucy Liu talks about starring in and producing the movie "Rosemead," why she says the story resonates universally and reflecting on personal experiences for the film.
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
The assassination of conservative activist Charlie Kirk, President Trump's "big, beautiful bill," and the longest government shutdown in U.S. history ranked among Google's top search trends this year.
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
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.
Google has released its list of the 2025 top search trends. Robert Ferrera, a Google Trends expert, joins CBS News with more.
India's government, amid an uproar over privacy, has revoked an order quietly issued to smartphone makers to pre-install a state-run security app.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
A federal grand jury refused to re-indict Letitia James, the New York attorney general, after a judge threw out earlier fraud charges against her. Reuters reporter Sarah Lynch joins CBS News with more.
Police bodycam footage of Luigi Mangione's arrest played in court shows officers questioning the suspect in the UnitedHealthcare CEO's murder after receiving a tip about his whereabouts. CBS News' Jericka Duncan reports.
The Justice Department and FBI announced the arrest of a man accused of planting pipe bombs in Washington, D.C., on the eve of the U.S. Capitol riots on January 6, 2021. Scott MacFarlane reports.
A Virginia man faces two federal charges in connection with the pipe bombs planted in Washington, D.C., on the eve of the Jan. 6, 2021, U.S. Capitol riots. CBS News' Scott MacFarlane reports.
The seizures come as Colombian President Gustavo Petro is calling on the U.S. to end strikes in the region against apparent drug-carrying vessels.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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.
Netflix announced a deal to buy Warner Bros. for $82.7 billion. Barron's writer Paul La Monica joins CBS News with more.
Amy Allen, who is up for four Grammys, including songwriter of the year, sits down with Anthony Mason to talk about how she went from a nursing student to writing Grammy-nominated hits for Sabrina Carpenter and other pop stars.
The Supreme Court is allowing Texas to use its redrawn congressional map for now. CBS News senior politics reporter Melissa Quinn reports on how it may affect other states' efforts to redistrict.
A 19-year-old college student said she was on her way home to Texas to surprise her family for Thanksgiving when ICE detained her at Boston Logan International Airport. She was then deported to Honduras despite a judge's order. Jericka Duncan reports.
Cincinnati Bengals cornerback Marco Wilson's passion for painting is making a mark. He became the first active player in the NFL to be featured in its Artist Replay program. Wilson sits down with Natalie Morales to talk about art's impact on his life.