Fed cuts interest rates for the 3rd time this year
U.S. central bank lowers borrowing costs for a third time this year, but signals it's the last cut for some time
Jerome Powell
Fed rushes to plug cash shortage in short-term loan market
Central bank has had to inject $200 billion into the banking system this week alone, though experts say not to worry
Why the Fed is likely to trim interest rates further
Trade war jitters, a manufacturing slowdown and other factors point to a second rate cut this year by the Fed
Trump's trade policy a big problem for the Fed, Powell says
Federal Reserve Chairman Jerome Powell said interest-rate cuts can't offset the impact of trade tensions
The Fed says trade is main reason U.S. economy is slowing
While President Trump blasts Jerome Powell for slowdown, Fed officials put the blame squarely on trade tensions
Trump tariff takes aim at two foes: China and the Fed
White House's latest China tariff threat intended to scare central bank into more interest-rate cuts, analysts say
What a Fed move to cut rates would mean for you
For most Americans, lower borrowing costs might not help as much as it has in the past -- here's why
Powell disagrees with Trump on nearly everything
On climate change, gold standard, even the president's authority, the Fed chair and the man who appointed him are at odds
Fed's Powell says "hot" labor market is overhyped
The nation's central bank chief threw cold water on the idea that the current job market is the "strongest ever"
Would Powell leave Fed post if Trump fired him? "No," he tells Congress
"What if the president calls you and said, 'I'm firing you. Pack up. It's time to go'?" Jerome Powell had an answer
Fed chair Jay Powell slams returning U.S. to gold standard
Trump nominee Judy Shelton wants to put the U.S. back on a gold standard --but no other country uses it, Powell noted
Trump says he "made" Fed Chair Powell and would trade him for Europe's Draghi
The president says "nobody ever heard of" Powell before Trump named him to run the Fed
Fed wary of economic clouds, but leaves rates unchanged
Central bank officials say the economic outlook is increasingly uncertain -- and signal their readiness to cut rates
3 things to watch for from the Federal Reserve on Wednesday
Investors increasingly expect the central bank to cut interest rates for the first time since 2008
Trump: Fed policies are "very destructive" to U.S. economy
Again bashing the Fed, the president groused that the central bank's top policymakers are "not my people"
Stocks soar as Fed hints of rate cuts to stem trade war damage
Central bank would lower rates if trade feud with China and Mexico put drag on U.S. growth, Fed Chair Powell suggests
Jerome Powell: The 60 Minutes Interview
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy
The Federal Reserve, 10 years after the Great Recession
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his 60 Minutes interview with former Fed Chair Ben Bernanke in 2009
Fed Chair Powell on economic inequality
The chair of the Federal Reserve discusses the impact of low mobility and the "legacy of slavery" — and how the Fed can address it
Federal Reserve shows no sign of cutting interest rates
Despite the president's demands that rates should be lower, the central bank continues to stress "patience"
Federal Reserve keeps interest rates steady amid low inflation
Trump has been urging the Fed to lower rates in order to boost the economy
Fed set to hold rates steady, despite Trump's demand for a cut
The president wants it to add some juice to the U.S. economy, but with growth in a "sweet spot," that's not likely
Trump's Federal Reserve pick Stephen Moore owes $75,000 to the IRS
Donald Trump's pick for the Fed's seven-member board owes the money after wrongly claiming a deduction
Trump to nominate conservative economist to Federal Reserve
Stephen Moore served as an economic adviser on President Trump's 2016 campaign and helped to craft his tax cut plan
Federal Reserve cuts growth forecast for U.S. economy
Central bank stands pat on interest rates and signals there may be no more hikes in 2019
Live
Oman-Iran talks advance on reopening Strait of Hormuz, sources say
Talks between Oman and Iran on reopening the Strait of Hormuz and their respective territorial waterways have made progress, sources said.
Maine Democrats pick Troy Jackson to replace Platner on Senate ballot
Maine Democrats gathered Saturday to select former state Senate President Troy Jackson as the Senate nominee to replace Graham Platner on the ballot.
Thousands of people flee raging wildfires in France and Spain
The fires in Spain and France advanced quickly because of tinderbox conditions worsened by successive heat waves.
Trump cracks jokes at White House Correspondents' Dinner redo
President Trump cracked jokes at the redo of the White House Correspondents' Dinner on Friday night, after an armed assailant upended April's dinner.
Vehicle crashes into Berlin's LGBTQ+ Pride crowd, killing at least 1 person
Berlin police said they were searching for possible suspects after a car drove into a crowd during Berlin's famed LGBTQ+ parade on Saturday.
Substance in work van of man killed by ICE tested negative for drugs, prosecutor says
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
Trump orders signs placed outside Smithsonian warning of "inaccurate" information
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
Trump flew from Turkey on older plane after credible threat from Iran and proxies
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
Zelenskyy accuses Russia of helping Iran target U.S. bases with satellite images
Ukrainian President Volodymyr Zelenskyy's accusations of Russia helping Iran target U.S. troops are not the first.
U.S.
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4th firefighter dies from burn injuries battling Colorado's Knowles wildfire
Nathan Matthews, 43, of Lincoln, Nebraska, died from injuries sustained while battling the blaze, the Department of the Interior said.
Man, 83, who went missing near Grand Canyon rescued after overnight search
Multiple teams worked to find and rescue Gerald Guinn, 83, after he disappeared during a hike near the Grand Canyon.
ChatGPT now has a space for sharing medical records. Should you?
OpenAI announced a dedicated space in ChatGPT for sharing medical records, Health in ChatGPT. Health and AI experts lay out the pros and cons.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Trump orders signs placed outside Smithsonian warning of "inaccurate" information
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
MoneyWatch
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Paramount to delay Warner Bros. merger until as late as June 2027
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Trump says U.S. to investigate EU trade practices over tech company fines
President Trump accused the European Union of "robbing" American companies and taxpayers.
Here is how cyclospora outbreak is affecting businesses
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
Ford recalls more than half a million Bronco vehicles over engine fire risk
A short circuit in the engine compartment can potentially cause a fire. Here's the fix.
Here are the new tariff rates on dozens of countries targeted by Trump
President Trump announced new tariffs of up to 12.5% to replace expiring Section 122 levies. Here are the rates for each country.
Politics
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Zelenskyy accuses Russia of helping Iran target U.S. bases with satellite images
Ukrainian President Volodymyr Zelenskyy's accusations of Russia helping Iran target U.S. troops are not the first.
Maine Democrats pick Troy Jackson to replace Platner on Senate ballot
Maine Democrats gathered Saturday to select former state Senate President Troy Jackson as the Senate nominee to replace Graham Platner on the ballot.
Substance in work van of man killed by ICE tested negative for drugs, prosecutor says
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
Trump orders signs placed outside Smithsonian warning of "inaccurate" information
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
Trump flew from Turkey on older plane after credible threat from Iran and proxies
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
HealthWatch
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Grandfather with pancreatic cancer beats the odds with clinical trial
Hernando Salcedo was diagnosed with Stage III pancreatic cancer after mild symptoms. Chemotherapy made him feel worse than before his diagnosis.
ChatGPT now has a space for sharing medical records. Should you?
OpenAI announced a dedicated space in ChatGPT for sharing medical records, Health in ChatGPT. Health and AI experts lay out the pros and cons.
Here is how cyclospora outbreak is affecting businesses
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
"The child is terrified": Doctors on front lines of measles comeback speak out
Confirmed measles cases in the U.S. just hit a 35-year high, and it's only July.
Cyclospora outbreak linked to iceberg lettuce expands to 4 more states
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
World
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Vehicle crashes into Berlin's LGBTQ+ Pride crowd, killing at least 1 person
Berlin police said they were searching for possible suspects after a car drove into a crowd during Berlin's famed LGBTQ+ parade on Saturday.
Zelenskyy accuses Russia of helping Iran target U.S. bases with satellite images
Ukrainian President Volodymyr Zelenskyy's accusations of Russia helping Iran target U.S. troops are not the first.
Typhoon Noul hits southern China as more than 340,000 evacuate, flights canceled
Typhoon Noul is battering southern China and Hong Kong with winds and heavy rain.
Small plane crashes into family home in Germany, killing at least 1
The residents of the house were not home at the time of the crash, German news agency dpa reported.
Thousands of people flee raging wildfires in France and Spain
The fires in Spain and France advanced quickly because of tinderbox conditions worsened by successive heat waves.
Entertainment
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Entertainment
7/25: CBS Saturday Morning
The U.S. pauses strikes against Iran, LeBron signs with the Sixers, plus SpaceX's first post-IPO flight.
Charles Wesley Godwin plays "Better That Way"
West Virginian singer-songwriter Charles Wesley Godwin has earned praise for his powerful vocals and heartfelt lyrics. His new album "Christian Name" explores faith, family, mourning and rebirth. Here's Charles Wesley Godwin with "Better That Way."
Charles Wesley Godwin sings "Hallelujah High"
West Virginian singer-songwriter Charles Wesley Godwin has earned praise for his powerful vocals and heartfelt lyrics. His new album "Christian Name" explores faith, family, mourning and rebirth. Here's Charles Wesley Godwin with "Hallelujah High."
Charles Wesley Godwin plays "Hey There Son"
West Virginian singer-songwriter Charles Wesley Godwin has earned praise for his powerful vocals and heartfelt lyrics. His new album "Christian Name" explores faith, family, mourning and rebirth. Here's Charles Wesley Godwin with "Hey There Son."
Paramount to delay Warner Bros. merger until as late as June 2027
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Technology
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Technology
Brands cash in on AI influencers
A growing number of faces on your feeds are generated by artificial intelligence, and brands are buying in. Increasingly, these AI influencers are marketing products, often deceptively, to consumers. Shanelle Kaul has more.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
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.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
ChatGPT now has a space for sharing medical records. Should you?
OpenAI announced a dedicated space in ChatGPT for sharing medical records, Health in ChatGPT. Health and AI experts lay out the pros and cons.
Science
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Science
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Crime
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Crime
WHCA scholarship recipients relive shooting
Kaitlin Bender-Thomas and Madison Maynard, two White House Correspondents' Association scholarship recipients, join "The Daily Report" to reflect on April's terrifying shooting ahead of the rescheduled dinner.
High security for correspondents' dinner
The White House Correspondents' Dinner will have a redo in Washington, D.C., on Friday night, after the original event was interrupted in April when a gunman stormed in. It'll be a scaled-down event with scaled-up security. Nicole Sganga reports.
Georgia school shooting suspect pleads guilty
Nearly two years after a school shooting at Georgia's Apalachee High School, a 16-year-old pleaded guilty to killing two fellow students, two teachers and wounding nine other people in Georgia. Jericka Duncan reports.
Judge to decide on D4vid's murder trial
A judge is set to decide whether to move forward with a jury trial of singer D4vid in the case of 14-year-old Celeste Rivas Hernandez's murder after the doctor who performed her autopsy delivered a disturbing testimony in a preliminary hearing. Adam Yamaguchi has more.
Upper West Side double stabbing suspect facing hate crime charges
The suspect in Thursday's double stabbing on New York City's Upper West Side has been charged with attempted murder as a hate crime, among other things.
Space
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SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
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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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Justine's Voice
After a teenager is strangled and buried alive, her family takes on the fight to keep her convicted killers behind bars. "We're her voice" says Justine's sister. "48 Hours" correspondent Natalie Morales reports.
Beluga whales saved from being euthanized
After a Canadian theme park shuttered its doors, the beluga whales it housed were at risk of being euthanized. Jared Ochacher reports from San Antonio, Texas, on the rescue efforts.
7/25: CBS Saturday Morning
The U.S. pauses strikes against Iran, LeBron signs with the Sixers, plus SpaceX's first post-IPO flight.
Charles Wesley Godwin plays "Better That Way"
West Virginian singer-songwriter Charles Wesley Godwin has earned praise for his powerful vocals and heartfelt lyrics. His new album "Christian Name" explores faith, family, mourning and rebirth. Here's Charles Wesley Godwin with "Better That Way."
Charles Wesley Godwin sings "Hallelujah High"
West Virginian singer-songwriter Charles Wesley Godwin has earned praise for his powerful vocals and heartfelt lyrics. His new album "Christian Name" explores faith, family, mourning and rebirth. Here's Charles Wesley Godwin with "Hallelujah High."