Federal Reserve decision coming
The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.
Jerome Powell
Fed Chair Powell says he won't resign if Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Powell vows to stay on as Fed Chair
Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch correspondent Kelly O'Grady has the details.
What the Fed interest rate cut means for you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has more on what that might mean for you.
Senate GOP members fight for leadership role
CBS News estimates that control of the House of Representatives is lean Republican. Meanwhile, the GOP flipped the Senate with longtime leader Mitch McConnell stepping down from the role. CBS News congressional correspondent Nikole Killion has more.
What does Fed rate cut say about the economy?
The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly O'Grady looks at what impact the decision could have on the economy.
Federal Reserve interest rate cut news
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the cut's impact.
Federal Reserve cuts interest rate
The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News correspondent Natalie Brand has more from the White House.
Rate cut expected from Fed: What to know
Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.
New data before next Fed decision
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
5 key takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Federal Reserve cuts interest rates
The Federal Reserve has announced a cut to interest rates by 0.50 percentage points. This is the first cut to its benchmark interest rate since March 2020. CBS News business analyst Jill Schlesinger and Al Root, an associate editor at Barron's, break down the news.
Interest rates expected cut from the Fed
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's announcement.
Previewing the Fed decision on rate cuts
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.
Inflation eases ahead of expected rate cuts
The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. Jo Ling Kent has details.
Fed Chair Jerome Powell signals "time has come" for interest rate cuts
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
Powell signals interest rate cuts coming
Federal Reserve Chair Jerome Powell signaled Friday that the economy is ready for interest rate cuts, a move economists have been expecting will take place in September. CBS News contributor Javier E. David has more.
Dow, S&P 500 see worst daily loss since 2022
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
What's driving the global market sell-off?
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
Stock market suffering disastrous day
U.S. markets are taking a hit Monday with the Dow falling over 1,000 points to start the day and semiconductor stocks like Nvidia and Intel dipping over 7%. Overseas, Japan's market had the worst day in its history, dropping over 12%. CBS News contributor J.D. Durkin has more.
Live
Pentagon says about 140 U.S. service members wounded since Iran war began
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
Exclusive
Pentagon memo orders commanders to remove Anthropic from key systems
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Iran signaling it may deploy mines to disrupt Strait of Hormuz, U.S. sources say
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
Exclusive
DOJ's Alex Pretti probe excludes prosecutors who specialize in civil rights, sources say
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
Exclusive
Video appears to show bomb suspect purchasing fuse at fireworks store
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Jeffrey Epstein's former Zorro Ranch searched after revelations in FBI files
Investigators are searching a New Mexico ranch where Jeffrey Epstein once entertained guests, amid allegations that it may have been used for sexual abuse and sex trafficking.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Breaking
Fuller, Harris head to Georgia runoff, CBS News projects
Shawn Harris and Clayton Fuller advance to a runoff election to fill Marjorie Taylor Greene's seat.
U.S.
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Jan. 6 police responders ask judge to let lawsuit over plaque in Capitol proceed
Former Capitol Police Officer Harry Dunn and D.C. Police Officer Danny Hodges argue the installation of a commemorative Jan. 6 plaque in a low-visibility spot in the U.S. Capitol violates the law.
Exclusive
Video appears to show bomb suspect purchasing fuse at fireworks store
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Can the president bring down gas prices? 5 options available to Trump.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Treasure hunter released from prison, but 500 gold coins remain missing
Tommy Thompson found the S.S. Central America and its thousands of pounds of sunken treasure that sat at the bottom of the Atlantic Ocean for more than 150 years.
MoneyWatch
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Can the president bring down gas prices? 5 options available to Trump.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Oil prices are falling — gas prices aren't. Here's why.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
Could tapping the Strategic Petroleum Reserve lower gas prices?
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
JetBlue ground stop lifted soon after it began
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Politics
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Jan. 6 police responders ask judge to let lawsuit over plaque in Capitol proceed
Former Capitol Police Officer Harry Dunn and D.C. Police Officer Danny Hodges argue the installation of a commemorative Jan. 6 plaque in a low-visibility spot in the U.S. Capitol violates the law.
Exclusive
Pentagon memo orders commanders to remove Anthropic from key systems
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Voting ends in Georgia special election to replace Marjorie Taylor Greene
Voters in northwest Georgia headed to the polls all day to have their say in who will replace Marjorie Taylor Greene in Congress.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
White House aware of Gulf countries' fears about interceptor shortage, sources say
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
HealthWatch
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Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
More kids are in ERs for tooth pain. Budget cuts and fluoride fights aren't helping.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Baby sleepsuit sold at Walmart recalled over potential choking hazard
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
A Pilates teacher thought she had the flu. Doctors found aggressive cancer
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
World
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At least 6 killed in bus fire that may have been "deliberate," Swiss police say
Police are investigating after a fire on a regional bus in Kerzers, west of Switzerland's capital, killed at least six people.
White House aware of Gulf countries' fears about interceptor shortage, sources say
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Iran signaling it may deploy mines to disrupt Strait of Hormuz, U.S. sources say
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
How the Iran war reached Europe, via the small, divided island of Cyprus
When it comes to European Union territory, you can't go much further east than Cyprus. So far east, in fact, that it's within reach of Iran's weapons.
Team USA's Oksana Masters wins 11th Paralympic gold medal
The most decorated American Winter Paralympian had her left leg amputated at age 9 and her right leg amputated at age 14.
Entertainment
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Entertainment
Dorrance on preserving tap dancing history
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
Brenda Bufalino on evolution of tap dancing
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Michelle Pfeiffer on "The Madison" series
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
Details on Live Nation's settlement with DOJ
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
Latest on shots fired at Rihanna's home
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Technology
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Exclusive
Pentagon memo orders commanders to remove Anthropic from key systems
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
The evolution of Apple over 50 years
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
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.
Overusing artificial intelligence can give workers "AI brain fry," study finds
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
Extended interview: Tim Cook
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
Science
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Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
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Crime
New details about ISIS-inspired attack
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
Exclusive
Video appears to show bomb suspect purchasing fuse at fireworks store
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
No harmful substances in NYC suspicious package
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots fired at U.S. consulate in Toronto
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
Suspicious package near NYC mayor's residence
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
Space
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1,300-pound NASA satellite set to crash down to Earth today
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
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
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Latest CBS News Videos
Debate on tapping Strategic Petroleum Reserve
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their strategic petroleum reserves. CBS News reporter Kati Weis is following the debate.
Red flags for hospice fraud across Los Angeles
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing. Adam Yamaguchi reports.
Suspect in shooting at Rihanna's home in court
A woman accused of firing multiple high-powered rounds from an assault rifle at the home of Rihanna appeared in court Tuesday, initially entering a not guilty plea before withdrawing it. The arraignment was eventually postponed. Carter Evans reports.
What happened with Iranian women's soccer team
Five members of the Iranian national women's soccer team sought asylum in Australia after refusing to sing Iran's national anthem before a match. Elizabeth Palmer has details.
3/10: The Takeout with Major Garrett
War continues in Iran as Defense Secretary Pete Hegseth promises "most intense day of strikes;" costs of war's first days revealed.