Fed stands pat on interest rates, but expects to keep hiking
Citing the strengthening economy, Federal Reserve has steadily pushed up rates over President Trump's objections
Jerome Powell
Trump slams Fed chair on interest rates, "maybe" regrets picking him
Trump, in Wall Street Journal interview, says the Federal Reserve chairman his his biggest economic threat, raising rates too fast
If Trump really wanted to, he could lower interest rates
The president has berated the Fed for raising interest rates, but he could take his own measures to get rates lower
Trump on the Fed: The central bank is "my biggest threat"
The U.S. president is stepping up his attacks on the Federal Reserve, saying it's raising interest rates too fast
3 key points to watch from the Fed on Wednesday
While another rate hike is nearly certain, Chairman Powell could also provide some hints about what's next
Fed is ready for third rate hike this year
But as President Trump's trade war escalates, what's on tap for monetary policy next year is far less certain
Why the Fed's Powell is resisting Trump's rate hike pressure
The central bank chair defended his rate strategy, saying policymakers are focused on containing inflation
Jay Powell signals more interest hikes to come
Despite President Donald Trump's complaints, the head of the U.S. central bank indicates rates will keep rising
Powell could take on key issues in high-profile speech Friday
Investors will listen for anything the Federal Reserve chairman says about Trump's trade war and interest rates
Fed official says Trump won't influence rate policy
Kansas City Fed President Esther George stresses the "firewalls" in place to ensure the central bank's independence
Dollar hit as Trump says China, EU manipulate currency
U.S. currency softens after president lashes out at both global monetary policies and Federal Reserve rate hikes
Trump calls Obama a "patsy" for Russia
Trump's remarks came in an interview with Joe Kernen of CNBC's "Squawk Box" that aired Friday morning
Trump "not happy" with Fed hiking interest rates
President dismisses concerns about central bank's independence from White House: "I don't like ... rates going up"
Fed's Powell shrugs off trade worries
The Federal Reserve chair was bullish on the economy, saying the typical worker is better off now than a year ago
Inflation risks making Fed chief's job harder
Fed chief Jerome Powell faces new pressure to raise rates thanks in part to President Trump's trade and tax actions
One headwind the stock market can't keep bucking
Wall Street, especially tech stocks, has overcome Trump's tariffs -- but the Fed's removal of stimulus will continue
Powell signals continued gradual rate hikes to Congress
In his first public testimony as head of the Federal Reserve, Jerome Powell sounds a cheery note on the U.S. economy
High stakes as Fed Chair Powell goes before Congress
While stocks have recouped most of their losses from the February freakout, the downward forces aren't going away
Fed expects further rate hikes as economy strengthens
New Fed Chair Jerome Powell will testify on the report before the House Financial services committee next Tuesday
Rising interest rates are near the danger zone
The 10-year Treasury bond's climb to nearly 3 percent is setting off alarms among Wall Street's stock investors
Fed officials see stronger growth and reason to raise rates
Minutes of the central bank's January meeting show more optimism about the U.S. economy's prospects
For the stock market, this could be "regime change"
The way Goldman Sachs sees it, the new rule for investors may be to "sell the rallies rather than buy the dips"
The Fed's ominous silence on market chaos
Jerome Powell, the new chairman, hasn't responded to the explosion of volatility -- is that a sign of a big change?
Wells Fargo shares tank after shock sanction by Fed
Investors react after central bank restricts scandal-plagued bank's ability to grow until it cleans up its act
Investors, it's time to buckle up
Last week's stock selloff is likely just the start of interest rate-related headwinds, even if there's a relief rebound
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
Court upholds Prop 50, allowing California to use its redrawn congressional maps
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
ICE agent who shot Renee Good suffered internal bleeding, officials say
Jonathan Ross, who shot Renee Good in Minneapolis last week, suffered internal bleeding after the incident, two officials said, though it's not clear how extensive the bleeding was.
Trump admin. cuts grants for mental health, addiction treatment programs
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
"Fundamental" differences remain over Greenland's future, Denmark says after U.S. meeting
After the meeting, Denmark's foreign minister said they're eager to work with the U.S. while respecting the "red lines of the Kingdom of Denmark."
Democratic Rep. Jason Crow contacted by Justice Dept. after video to troops
Rep. Jason Crow of Colorado and five other lawmakers appeared in a video that urged U.S. service members to refuse legal orders.
FBI searches home of Washington Post journalist for classified documents
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
Verizon customers report phone service outages across U.S.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
Senate war powers vote appears at risk as Trump pressures GOP senators
At least one Republican, Sen. Josh Hawley of Missouri, plans to switch his vote.
U.S.
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Court upholds Prop 50, allowing California to use its redrawn congressional maps
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
Democratic Rep. Jason Crow contacted by Justice Dept. after video to troops
Rep. Jason Crow of Colorado and five other lawmakers appeared in a video that urged U.S. service members to refuse legal orders.
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
Apple, Google face pressure to remove X and Grok from their app stores
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Verizon customers report phone service outages across U.S.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
MoneyWatch
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Apple, Google face pressure to remove X and Grok from their app stores
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Verizon customers report phone service outages across U.S.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Chew on this: U.S. food prices are still up 19% since 2022
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
"Are You Dead," viral Chinese app, changing its name
The Chinese mobile app "Are You Dead?" which sounds an alarm if a user doesn't check in every 48 hours, says it will drop its catchy name after it drew international media attention.
Politics
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Court upholds Prop 50, allowing California to use its redrawn congressional maps
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
Trump admin. cuts grants for mental health, addiction treatment programs
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
Democratic Rep. Jason Crow contacted by Justice Dept. after video to troops
Rep. Jason Crow of Colorado and five other lawmakers appeared in a video that urged U.S. service members to refuse legal orders.
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
U.S. says it's moving into next phase of Gaza peace plan, warns Hamas
Steve Witkoff said the U.S. expects Hamas to immediately return the final deceased hostage as part of its obligations under the deal.
HealthWatch
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Trump admin. cuts grants for mental health, addiction treatment programs
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
Wide variation found in funding for states' rural health proposals
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
ACA enrollment sinks sharply as coverage costs soar in 2026
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
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.
World
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Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
U.S. says it's moving into next phase of Gaza peace plan, warns Hamas
Steve Witkoff said the U.S. expects Hamas to immediately return the final deceased hostage as part of its obligations under the deal.
Trump told Iranians help is coming, so what might it look like?
Experts tell CBS News what sort of options President Trump has to respond to Iran's brutal crackdown on protesters.
After a bloody crackdown, Iran vows to teach protest backers a lesson
Iran's rulers want the world to know they've weathered a storm, and they're threatening a harsh "lesson" for anyone deemed to have supported protests.
U.S. reduces some personnel at airbase in Qatar as tensions rise with Iran
The Al Udeid airbase in Doha, Qatar, is the forward operating headquarters for U.S. Central Command, which oversees U.S. forces across the Middle East.
Entertainment
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Entertainment
Stars of "Sinners" talk about movie
"Sinners" stars Michael B. Jordan, Miles Caton and Wunmi Mosaku talk to "CBS Mornings" about the movie's recent success at the Golden Globes, the atmosphere on set and what they learned through the process.
Ali Larter talks what's ahead in "Landman"
Actor Ali Larter plays Angela Harris, the ex-wife of an oilman played by Billy Bob Thornton in the Paramount+ series "Landman." She talks to "CBS Mornings" about the series, working with Thornton and how she landed her role.
Actor Timothy Busfield turns himself in following child sex abuse allegations
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
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.
Technology
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Apple, Google face pressure to remove X and Grok from their app stores
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
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.
"Are You Dead," viral Chinese app, changing its name
The Chinese mobile app "Are You Dead?" which sounds an alarm if a user doesn't check in every 48 hours, says it will drop its catchy name after it drew international media attention.
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.
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
Au pair testifies in man's murder trial
A trial is underway in northern Virginia for a man accused of plotting his wife's murder with help from his affair partner - the family's au pair. The former au pair was the first witness called to testify against Brendan Banfield. Jericka Duncan reports on the case.
Doctors arrested after 9 newborns die at hospital in Russia
The case has provoked anger and bewilderment from Russian politicians.
Man plotted murder to "get rid of" his wife after affair, au pair testifies
Brendan Banfield is charged with murder in the 2023 killings of Christine Banfield and Joseph Ryan at the Banfields' home in northern Virginia.
Uvalde teacher's emotional testimony in trial
Tuesday marked Day 5 in the trial of former Uvalde CISD police officer Adrian Gonzales over his response to the 2022 mass shooting at Robb Elementary. CBS News reporter Karen Hua has the latest.
Kiefer Sutherland arrested over alleged altercation with LA rideshare driver
Los Angeles police said they arrested "24" actor Kiefer Sutherland after he allegedly assaulted and threatened a rideshare driver.
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.
Latest Galleries
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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
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Timeline: The disappearance of George Smith
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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
Trump: U.S. told killing in Iran is stopping
President Trump said Wednesday that his administration was notified the killings and executions of protesters in Iran had stopped. CBS News national security contributor Sam Vinograd joins with analysis.
Judge lets ICE continue in Minnesota for now
A judge on Wednesday declined to issue a temporary restraining order against U.S. Immigration and Customs Enforcement operations in Minnesota. CBS News Minnesota investigative reporter Jonah Kaplan has the details.
Trump takes questions in Oval Office
President Trump took questions in the Oval Office Wednesday, speaking about Iran, the economy, Greenland and more. See his remarks.
Former U.S. gymnast on transgender athlete bans
Jennifer Sey is a former U.S. gymnast who now runs the company XX-XY Athletics, which supports banning transgender women from competing in women's sports. Sey joined CBS News to discuss the Supreme Court cases over state laws in West Virginia and Idaho that ban transgender athletes from participating in girls and women's sports.
Substantial jump in streaming prices
Subscriptions for streaming services saw a nearly 20% jump in prices between November and December, new data from the Labor Department shows. That includes streaming services like Netflix, Disney Plus and Paramount Plus. Alex Weprin, a senior editor for the Holywood Reporter who's written about the rising prices, joins CBS News to discuss. Paramount Skydance is the parent company of CBS News.