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.
Jerome Powell
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.
Stocks drop following weak July jobs report
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
Fed chair defends holding off on rate cuts
The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged. The announcement means policymakers will hold the federal funds rate between 5.25 and 5.50%, the highest level in 23 years. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine the decision.
The Fed holds interest rates steady. Here's when to expect a cut.
The Federal Reserve is leaving its benchmark interest rate unchanged as investors look for signals that a cut is imminent.
Federal Reserve holds interest rates steady
The Federal Reserve left the benchmark federal funds rate unchanged Wednesday. Experts still believe the Fed's September meeting could lead to cuts. CBS News business analyst Jill Schlesinger and CBS News contributor Javier David break down the decision.
Fed to make interest rate decision
Federal Reserve Chairman Jerome Powell will announce the agency's decision on interest rates Wednesday with cuts not yet expected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for the New York Times, joined CBS News to discuss the Fed.
Inflation slows more than expected in June
Labor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
Fed's Powell says "more good data" could open door to rate cuts
Federal Reserve Chair Jerome Powell told a Senate panel that the economy has returned to its pre-pandemic level: "strong, but not overheated."
What to look for in the U.S. government's June jobs report
Forecasters expect job numbers on Friday to show slower hiring in June, clearing the way for the Fed to cut interest rates later this year.
Voters feeling frustrated with inflation
The latest CBS News poll found that 72% of Americans say higher prices have been a hardship or more difficult, and 63% rate the economy as fairly bad or very bad. Mark Strassmann on how voters are feeling amid the signs that inflation is cooling — but not fast enough for many Americans.
Inflation eases as Fed holds rates steady
The Federal Reserve left interest rates unchanged Wednesday after the government announced consumer prices in May rose 3.3% year over year. The central bank has been hesitant to cut rates due to inflation. Ben Casselman, economy reporter for The New York Times, joins CBS News to unpack the data.
Federal Reserve holds interest rates steady
The Federal Reserve is leaving interest rates unchanged for now as it awaits a more sustained period of declining inflation in the U.S. economy. CBS News contributors J.D. Durkin and Javier E. David break down the decision.
How the Fed could react to May jobs report
The latest data from the Labor Department shows the U.S. added 272,000 jobs in May. The figure was much higher than economists expected, indicating that the market is not slowing down. CBS News senior business and technology correspondent Jo Ling Kent explains what the report means for the Fed's fight against inflation.
Fed holds interest rates steady
The Federal Reserve will keep its benchmark rate steady, a sign that inflation has not yet come down to the targeted rate. CBS News' Jill Schlesinger and Jo Ling Kent look ahead to what this means for Americans.
Fed keep rates steady: Breaking down decision
The Federal Reserve announced Wednesday it is keeping interest rates steady. The move comes as the central bank continues to deal with inflation. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss.
Fed chair says interest rate hike unlikely
The Federal Reserve announced Wednesday it is leaving interest rates unchanged. Rates are the highest they've been in more than twenty years. CBS News senior business and technology correspondent Jo Ling Kent joins to discuss.
Federal Reserve holds rates steady. Here's the financial impact.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
Fed expected to leave interest rates alone
The Federal Reserve is set to announce its third interest rate decision of 2024 on Wednesday. CBS News contributor Javier David, managing editor of business and markets at Axios, discusses what to expect.
What does high March inflation mean for Fed?
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
Over 12,000 feared dead after Iran's crackdown on protesters
Information trickling out of Iran suggests a far deadlier crackdown on protesters than previously reported.
Watch Live: Trump speaks at Detroit Economic Club
White House press secretary Karoline Leavitt said Monday that Mr. Trump would be "talking about all of the great economic news."
Supreme Court seems likely to uphold state transgender athlete bans
The Supreme Court heard two cases involving laws from Idaho and West Virginia that ban transgender athletes from participating in girls' and women's sports.
Trump is taking aim at borrowing costs. Will it work — or backfire?
President Trump's plans to ease the financial pressures on Americans are bold but could backfire, experts said.
Their 21 kids were taken by the state. They've since had more surrogate-born babies.
The couple had so many kids in their Los Angeles-area mansion a neighbor "thought it was a kindergarten." The investigation has only gotten stranger.
Scott Adams, Dilbert comic strip creator, dies at age 68
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Foreign central bank chiefs voice "full solidarity with" Fed chief Powell
The heads of 10 central banks and other financial institutions say it's "critical to preserve" the Fed's independence, as Powell is pressured by the Trump administration.
Mass resignations at DOJ Civil Rights Division, sources say
At least six prosecutors, most of whom are supervisors in the Civil Rights Division's criminal section, will be leaving their jobs.
Trump administration ending deportation protections for 2,500 Somalis
The U.S. government is revoking the legal status of several thousand immigrants from Somalia.
U.S.
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Assistant U.S. Attorney Joe Thompson resigns with other senior prosecutors
At least six prosecutors in the Minneapolis U.S. Attorney's office — including Assistant U.S. Attorney Joe Thompson — have resigned after the office was tasked with investigating the shooting of Renee Good, according to three sources familiar with the situation.
Woman says AI chatbot Grok generated sexual deepfake images of her
Ashley St. Clair, the mother of one of Elon Musk's children, alleges Grok generated and published sexual deepfake images of her without permission.
Trump is taking aim at borrowing costs. Will it work — or backfire?
President Trump's plans to ease the financial pressures on Americans are bold but could backfire, experts said.
Remains of soldier who missed daughter's birth during WWII identified
U.S. Army Pfc. Wilbert Linsenbardt died when his daughter was 4 months old, and received photos of her, according to a newspaper article from the time.
Scott Adams, Dilbert comic strip creator, dies at age 68
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
MoneyWatch
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Watch Live: Trump speaks at Detroit Economic Club
White House press secretary Karoline Leavitt said Monday that Mr. Trump would be "talking about all of the great economic news."
Trump is taking aim at borrowing costs. Will it work — or backfire?
President Trump's plans to ease the financial pressures on Americans are bold but could backfire, experts said.
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.
Foreign central bank chiefs voice "full solidarity with" Fed chief Powell
The heads of 10 central banks and other financial institutions say it's "critical to preserve" the Fed's independence, as Powell is pressured by the Trump administration.
CPI rose at 2.7% annual rate in December as inflation remains sticky
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
Politics
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Assistant U.S. Attorney Joe Thompson resigns with other senior prosecutors
At least six prosecutors in the Minneapolis U.S. Attorney's office — including Assistant U.S. Attorney Joe Thompson — have resigned after the office was tasked with investigating the shooting of Renee Good, according to three sources familiar with the situation.
Watch Live: Trump speaks at Detroit Economic Club
White House press secretary Karoline Leavitt said Monday that Mr. Trump would be "talking about all of the great economic news."
Greenland's prime minister says "we choose Denmark" over the U.S.
The comments come ahead of Wednesday's meeting between the foreign ministers of Greenland and Denmark, Vice President JD Vance and Secretary of State Marco Rubio.
Clintons won't testify in Epstein probe as House Oversight GOP threatens contempt
Republican Rep. James Comer of Kentucky, the committee's chairman, said the panel will move next week on holding them in contempt.
Trump administration ending deportation protections for 2,500 Somalis
The U.S. government is revoking the legal status of several thousand immigrants from Somalia.
HealthWatch
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Nurses strike begins in New York City as thousands walk off jobs
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
RFK Jr.'s MAHA movement has picked up steam in statehouses
"Make America Healthy Again" policies driven by HHS Secretary Robert F. Kennedy Jr. have made major strides in state legislatures, with food additives among the most common targets.
"Enough": Oprah Winfrey on her weight-loss lessons
Oprah Winfrey is one of the best-known, most-admired and successful people on the planet. But for years she seemed powerless to conquer her fluctuating weight problem … until new medications, and a new attitude about her weight, gave her a breakthrough, which she describes in "Enough," a new book she has co-written with Dr. Ania Jastreboff. They talk with Jane Pauley about an individual's genetically-influenced weight range, and how to reset it. Winfrey also relates the long road she traveled since she began her TV career in Nashville, facing sexism, racism, and comments about her weight.
NYC nurses strike looms as negotiations pass midnight deadline
The potential for a major nurses strike in New York City is growing by the minute, with major hospitals and the New York State Nurses Association failing to get a deal done before Sunday's midnight deadline.
State of denial: How insurance companies impact health care today
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
World
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Rampaging elephant kills 20 people, including children, in India
Children and the elderly are among the dead, as well as a professional elephant handler, officials said.
Greenland's prime minister says "we choose Denmark" over the U.S.
The comments come ahead of Wednesday's meeting between the foreign ministers of Greenland and Denmark, Vice President JD Vance and Secretary of State Marco Rubio.
Over 12,000 feared dead after Iran's crackdown on protesters
Information trickling out of Iran suggests a far deadlier crackdown on protesters than previously reported.
Foreign central bank chiefs voice "full solidarity with" Fed chief Powell
The heads of 10 central banks and other financial institutions say it's "critical to preserve" the Fed's independence, as Powell is pressured by the Trump administration.
BBC to seek dismissal of Trump's $10B defamation lawsuit
British public broadcaster BBC wants a Florida court to throw out Trump's lawsuit, with lawyers arguing a lack of jurisdiction.
Entertainment
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Entertainment
François Arnaud on "Heated Rivalry" series
Francois Arnaud joins "CBS Mornings" to talk about the popular series "Heated Rivalry," based on the "Game Changers" book series. It follows rising hockey stars Shane Hollander and Ilya Rozanov. What begins as a fling between two rivals turns into a yearslong journey of love, denial and self discovery. Arnaud plays Scott Hunter, a closeted gay professional hockey player in the same league who has fallen in love with a smoothie shop worker. He talks about the message in the series and how it developed into a hit show.
Scott Adams, Dilbert comic strip creator, dies at age 68
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Behind-the-scenes at the Golden Globes
Celebrities brought glitz and glamor to the red carpet Sunday at the Golden Globes. "CBS Mornings" co-host Gayle King spoke with some of Hollywood's biggest stars and gives a behind-the-scenes look at the awards night.
NAACP Image Awards nominations
The NAACP Image Awards celebrate the outstanding achievements and performances of people of color in arts and entertainment. Comedian and actor Deon Cole and NAACP President and CEO Derrick Johnson exclusively reveal some of the nominees on CBS Mornings for this year's awards.
The Grateful Dead's Bob Weir dies at 78
Bob Weir, a co-founder and guitarist for the iconic rock band the Grateful Dead, has died at 78. Anthony Mason looks back at Weir's life and music career.
Technology
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Woman says AI chatbot Grok generated sexual deepfake images of her
Ashley St. Clair, the mother of one of Elon Musk's children, alleges Grok generated and published sexual deepfake images of her without permission.
Mother speaks out over AI chatbot Grok
Elon Musk's AI chatbot Grok is facing intense criticism, accused of allowing X users to generate sexually explicit images of real women and children. One of the alleged victims is Ashley St. Clair, the mother of one of Musk's children. She said she discovered people used Grok to generate and publish sexualized deepfake images without her permission and share them on X. Musk has not responded to a request for comment.
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.
British regulators on Grok AI images
British regulators are investigating X for lewd AI images generated by Grok, the AI arm of Elon Musk's social platform. Michael Goodyear, an associate professor at New York Law School, joins CBS News with more.
Pentagon adopting Musk's Grok AI despite growing backlash against it
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Science
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Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
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.
2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Crime
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Crime
Trump posts about Minnesota ICE raids
President Trump posted on social media about the expanding Minnesota ICE raids and promised a day of "RECKONING & RETRIBUTION" is coming. CBS News' Lana Zak reports.
Minnesota takes on Trump administration
The state of Minnesota, and the cities of Minneapolis and St. Paul, are suing the Department of Homeland Security and several Trump administration officials over the massive operations involving federal law enforcement. CBS News' Lana Zak has more.
Man admits to starting fire at synagogue
Investigators say Stephen Spencer Pittman admitted to starting a fire at Mississippi's largest synagogue. Newly obtained video shows a man dousing Jackson's Beth Israel Congregation with liquid from a gas container. Jason Allen reports.
Over 1,500 pounds of meth found in secret labs in Mexico
More than 1,500 pounds of methamphetamine were seized from clandestine laboratories in Mexico, authorities said.
Former U.S. Navy sailor gets more than 16 years for selling secrets to China
Patrick Wei, a former U.S. Navy sailor who sold manuals for ships and operating systems to an operative working for China, was sentenced to more than 16 years in prison, prosecutors said.
Space
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Space
ISS astronauts prepare for early return
Crew-11 is preparing for an unprecedented early return to Earth over concerns for an astronaut's medical condition aboard the International Space Station. Mike Massimino, a former NASA astronaut and engineering professor at Columbia University, joins with more.
Former astronaut on ISS crew coming home early
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
Space station changes command, setting stage for Crew 11 departure
Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships.
Astronaut says early return to Earth is "right call," but "bittersweet"
Mike Fincke thanked NASA for making crew health the agency's top priority.
NASA hopes to return Crew 11 to Earth next week over medical issue
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
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Notable Deaths in 2025
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
What happens next as Iran protests continue
Sources tell CBS News that at least 12,000 people have been killed in the violent, anti-government protests that have spread throughout Iran, though that number could be even higher. Iulia Joja, senior fellow at the Middle East Institute, joins CBS News to discuss.
Cartoonist Scott Adams dies at 68
Scott Adams, the artist who created the "Dilbert" cartoon, died at 68, his ex-wife announced on Tuesday. CBS News' Shanelle Kaul has more.
Monkeys on the loose in St. Louis
Officials in St Louis are searching for multiple loose monkeys that were first spotted last Thursday. CBS News' Shanelle Kaul reports.
Details after Clinton skips Epstein deposition
Former President Bill Clinton is refusing to appear before the House Oversight Committee to testify as part of its investigation into Jeffrey Epstein. CBS News congressional correspondent Nikole Killion has more.
Latest on SCOTUS transgender athlete ban
The Supreme Court is hearing arguments Tuesday over the years-long debate on transgender athlete bans. CBS News' Katrina Kaufman has the latest.