Yellen says Trump doesn't understand what the Fed does
Former Fed chief says the president's comments about Jerome Powell "could undermine confidence" in the central bank
Jerome Powell
Trump and Fed Chair Powell finally meet again, over dinner
After more than a year, the two dined at the White House on Monday, but didn't discuss the future of interest rates
Herman Cain on "fairly large list" of nominees for Fed board
Cain's candidacy imploded after being accused of sexual harassment and a woman alleged a longterm affair
Jay Powell: "I don't see a recession" in 2019
The Federal Reserve chief also says he'll be "patient" with rate hikes while looking at the global economic picture
Investors have plenty of reasons to worry
As volatility soars amid reports that swerve from bearish to bullish, investors can expect more in the months ahead
Fed Chair says he wouldn't resign if Trump asked
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
President Trump blames Fed for economic jitters
As market rout deepens, the president is ratcheting up the tension with monetary policymakers
Dow falls below 23,000 for first time in 14 months
After years of easy money, investors are spooked by rising interest rates and slowing U.S. growth
What Powell's decision means for the markets
Stock markets dropped after the Fed predicted economic growth would slow next year. Associated Press writer Josh Boak joins CBSN for more.
Fed hikes rates, but nods to slowing growth
In a notable policy shift, the Fed now expects to raise rates more slowly in 2019 amid signs of a cooling economy
Fed chairman speaks on interest rate hike
The Fed has raised interest rates four times this year, meaning it believes the economy is still growing rapidly despite stock market turmoil. However, the central bank plans to raise rates more slowly in 2019.
Fed likely to hike rates again, despite Trump's tweets
And the president's complaining about higher interest rates isn't the only problem the central bank faces
Stocks stanch the bleeding ahead of key Fed decision
Investors looking for signs that Federal Reserve officials may slow their push to hike interest rates
Fed rate moves for 2019: The suspense is building
With one more hike likely this week, the betting on what happens next year has plenty of wild cards in play
Fed Chairman Jerome Powell: The U.S. still faces economic challenges
The Fed chairman said slow wage growth and a decline in economic mobility are hampering the country
Fed officials show more caution on future interest rate hikes
While still on track to raise rates again next month, some Fed members see a possible slowing of hikes in 2019
Is Trump right in accusing Fed chief of hurting the economy?
The president has had a field day bashing Jerome Powell, but his underlying economic gripe isn't so nuts
Stocks surge after Fed chair hints of limit to rate hikes
Federal Reserve chief calls interest rates "just below ... neutral," implying central bank's hikes could slow soon
Trump slams Fed chairman, calling the Fed a "much bigger problem than China"
The president said he believes the central bank's ongoing rate hikes are impeding U.S. economic growth
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
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
Spirit Airlines shutting down after failed effort at government rescue deal
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Exclusive
Trump administration to cut 5,000 U.S. troops from Germany
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
Live
Trump "not satisfied" with new peace deal offered by Iran
Iran says it's offered a new proposal for talks with the U.S. to end the war, as the Strait of Hormuz standoff sends costs soaring around the world.
Starmer urges action at some Gaza protests after antisemitic attacks
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
Judge rebukes prosecutors in hearing for accused correspondents' dinner gunman
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
Trump tells Congress "hostilities" with Iran have "terminated"
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Trump tightens U.S. sanctions on Cuba, signaling a warning to the island, expert says
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
Could the FCC really yank ABC's TV licenses amid Trump spat with Kimmel?
Federal telecom regulators can revoke broadcast licenses, but legal experts say the FCC would face a tough road in forcing ABC to go dark.
Bard College president to retire after revelations of his ties to Epstein
The longtime president of Bard College announced his retirement, months after it was revealed that he had a much deeper relationship with convicted sex offender Jeffrey Epstein than was previously known.
U.S.
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Spirit Airlines shutting down after failed effort at government rescue deal
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Bard College president to retire after revelations of his ties to Epstein
The longtime president of Bard College announced his retirement, months after it was revealed that he had a much deeper relationship with convicted sex offender Jeffrey Epstein than was previously known.
Tennessee, Alabama take steps to redraw House maps in wake of Supreme Court ruling
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
After a fire torched their Nebraska ranch, anonymous donors came to their rescue
Mike and Kayla Wintz lost their entire 11,000-acre ranch to a wildfire in the span of about two hours. They have since been gifted about $80,000 worth of hay, mostly from anonymous donors.
Appeals court blocks mailing of abortion pill mifepristone in U.S.
A federal appeals court has restricted access to one of the most common means of abortion in the U.S. by blocking the mailing of mifepristone.
MoneyWatch
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Spirit Airlines shutting down after failed effort at government rescue deal
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Pickleball Inc. $225 million deal creates new home for sport
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
Exclusive
Ford CEO says company is focusing on making vehicles more affordable
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
What will a Spirit Airlines shutdown mean for travelers?
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights as the budget airline ceases operations.
Here's when businesses will start getting refunds for Trump's IEEPA tariffs
The first refund payments will go out later this month as the portal works through kinks to return money to businesses.
Politics
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Tennessee, Alabama take steps to redraw House maps in wake of Supreme Court ruling
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
Trump tightens U.S. sanctions on Cuba, signaling a warning to the island, expert says
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
Judge rebukes prosecutors in hearing for accused correspondents' dinner gunman
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
Exclusive
Trump administration to cut 5,000 U.S. troops from Germany
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
Judge blocks Trump from ending deportation protections for Yemenis
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
HealthWatch
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Football practice was leaving a teen fatigued. A rare cancer was to blame.
Cameron Rider's fatigue, body aches and fever were diagnosed as pneumonia, but he couldn't seem to get better.
Appeals court blocks mailing of abortion pill mifepristone in U.S.
A federal appeals court has restricted access to one of the most common means of abortion in the U.S. by blocking the mailing of mifepristone.
FDA expands access to drug helping pancreatic cancer patients
Former Sen. Ben Sasse, 54, called daraxonrasib "a miracle drug" that was allowing him to live longer and with less pain.
Nebraska becomes first U.S. state to enact Medicaid work requirements
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
Delays in visa program threaten placement of hundreds of doctors in underserved areas
Hundreds of foreign doctors about to complete training in the U.S. will have to leave the country if the federal government doesn't rapidly process their visa waiver applications, immigration attorneys say.
World
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Starmer urges action at some Gaza protests after antisemitic attacks
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
Exclusive
Trump administration to cut 5,000 U.S. troops from Germany
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
Trump tells Congress "hostilities" with Iran have "terminated"
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Book excerpt: "The New Tourist" by Paige McClanahan
Journalist Paige McClanahan writes about how tourism shapes societies and individuals, and about the need to redefine the meaning of "tourist" in today's shrinking world.
Superdry co-founder James Holder convicted of rape in England
James Holder, 54, was found guilty by a jury in Gloucester Crown Court of one count of rape for the May 2022 assault.
Entertainment
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Entertainment
Gold House reveals the Gold100 list
Gold House revealed its 2026 Gold100 list honoring Asian Pacific culture. Co-founder and CEO Bing Chen joins CBS News with more.
Book excerpt: "A Course Called Home" by Tom Coyne
The bestselling author and editor of The Golfer's Journal teed up for a challenge – taking over operations of a failing nine-hole community golf course in New York's Catskill Mountains – and writes of the tribulations that were par for the course.
Lizzo: "There's a long list" of things the public gets wrong about me
The pop star sat down with Gayle King for an exclusive interview airing Monday on "CBS Mornings."
Lizzo on what the public gets wrong about her
Lizzo sits down with "CBS Mornings" co-host Gayle King to discuss what the public misunderstands about her.
A look at Spencer Pratt's mayoral campaign
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Technology
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Technology
Reducing data center impact on U.S. power grid
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings beat expectations
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
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.
Elon Musk concludes testimony in OpenAI trial
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Elon Musk cross-examined in OpenAI trial
Elon Musk was cross-examined in his lawsuit against OpenAI on Thursday. In testimony on Wednesday, he said he was "a fool" for funding OpenAI. He is accusing OpenAI and its CEO, Sam Altman, of betraying him and the public by abandoning its core mission as it transitioned from a nonprofit to a for-profit company. WIRED senior writer Maxwell Zeff joins CBS News to discuss.
Science
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Science
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
Crime
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Starmer urges action at some Gaza protests after antisemitic attacks
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
3 months since Nancy Guthrie's disappearance
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
WHCA scholarship recipients on shooting
For more than 100 years, the White House Correspondents' Dinner has celebrated the First Amendment and freedom of the press. The annual event is also a fundraiser for journalism scholarships. This year, the White House Correspondents' Association awarded $156,000 in grants to 30 college students. Two recipients, Kaitlin Bender-Thomas and Madison Maynard, join "The Daily Report" to discuss the shooting.
New video in D.C. dinner shooting
Newly released video shows the White House Correspondents' Dinner shooting suspect and his movements ahead of the attack. Other video also shows a clearer image of the confrontation between law enforcement and the suspect. CBS News' Anna Schecter has more details.
Missing Florida doctoral student's body found
A body found in Tampa Bay has been identified as the second missing student from the University of South Florida, according to the sheriff, who called their killings a "monstrous crime." Cristian Benavides reports.
Space
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Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX launches Falcon Heavy rocket carrying powerful satellite
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
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
Killing bin Laden | 60 Minutes Archive
In 2012, Scott Pelley spoke with a retired Navy SEAL, and former member of SEAL Team 6, who recounted the May 2011 raid on Osama bin Laden's compound in Abbottabad, Pakistan.
Watch: May Day protests
Americans took to the streets on Friday for May Day, also referred to as International Workers' Day. The day commemorates the 1886 Haymarket Affair, when a Chicago protest for an eight-hour workday turned into a violent clash between demonstrators and police. Some cities saw "Workers Over Billionaires" rallies and marches this year.
Who's favorited heading into Kentucky Derby?
Saturday marks the 152nd running of the Kentucky Derby at Churchill Downs. 20 horses are set to run for the roses in the first leg of the triple crown. Hannah Vanbiber, a senior editor at The Athletic, joins "The Daily Report" to preview what's dubbed the most exciting two minutes in sports.
3 months since Nancy Guthrie's disappearance
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
How Americans prioritize spending
Consumers are cutting back on goods with sharp price increases, according to the Bureau of Economic Analysis. From December to February, spending on clothing fell 7%, spending on furniture fell 5% and spending on sports equipment fell 6%. The Wall Street Journal economics reporter Rachel Wolfe writes in her recent piece that recent inflation is not driven by consumer demand, but by companies passing on increased costs to customers. She joins "The Daily Report" to discuss.