No change to interest rates, Fed announces
The Federal Reserve announced Wednesday that interest rates would remain unchanged, holding steady in its current range of 3.5% to 3.75%. CBS News business analyst Jill Schlesinger has more.
Jerome Powell
Federal Reserve cuts decision expected
The Federal Reserve is expected to make its first announcement of the year regarding interest rate cuts. Greg Robb, a senior reporter for MarketWatch, joins CBS News with more.
Fed to make first 2026 interest rate decision
The Federal Reserve is meeting Tuesday to discuss its first interest rate decision of 2026 on Wednesday. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
Inside look at SCOTUS arguments on Lisa Cook
The Supreme Court seemed likely to let Lisa Cook keep her job on the Federal Reserve Board of Governors as they heard arguments in the case Wednesday. CBS News chief legal correspondent Jan Crawford has more.
SCOTUS seems inclined to keep Cook on Fed board
The Supreme Court appears likely to allow Lisa Cook to keep her position on the Federal Reserve Board of Governors and reject President Trump's attempt to fire her for now. Arguments in the case were heard Wednesday. CBS News' Jo Ling Kent has more.
Read the full transcript of Tony Dokoupil's interview with President Trump here
President Trump shared a warning for Iran, called Jerome Powell a "lousy Fed chairman" and defended the ICE agent who killed Renee Good in Minneapolis. Read the full transcript of their conversation.
Trump: Jerome Powell has "been a lousy Fed chairman"
President Trump brushed off a question about whether the Justice Department probe amounts to political retribution.
Trump on Iran protests, Fed's Powell and more
President Trump shared a warning for Iran, called Jerome Powell a "lousy Fed chairman," and defended the ICE agent who killed Renee Good in Minneapolis during an exclusive interview with "CBS Evening News" anchor Tony Dokoupil.
World bank leaders show support for Powell
Global bank leaders signaled support for Federal Reserve Chair Jerome Powell amid the Trump administration's apparent criminal investigation into testimony he gave on building renovations. CBS News' Scott MacFarlane reports.
Trump calls Powell incompetent or crooked
President Trump spoke to reporters about Federal Reserve Chair Jerome Powell amid an apparent Justice Department probe into building renovations. CBS News' Jake Rosen has more.
Warren on DOJ probe of Jerome Powell
Massachusetts Democratic Sen. Elizabeth Warren blasted the Justice Department for its apparent investigation into Federal Reserve Chair Jerome Powell. CBS News' Taurean Small reports.
Backlash over DOJ probe into Jerome Powell
The Justice Department's criminal investigation into Federal Reserve chair Jerome Powell is drawing backlash from both Democrats and Republicans. At least half a dozen Republicans were critical when asked about the probe, which has to do with cost overruns to renovate the Fed's century-old headquarters.
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.
Lawmakers on DOJ probing Jerome Powell
Lawmakers on both sides of the aisle are reacting to the news of the Justice Department investigating Federal Reserve Chair Jerome Powell. CBS News' Natalie Brand reports.
Powell says the Fed was served DOJ subpoenas over building renovations
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
Lawmakers warn Fed's independence at stake
The Trump administration's Justice Department has launched a criminal investigation of Fed Chair Jerome Powell tied to the renovation of the Federal Reserve's headquarters. The move has prompted backlash from both sides of the aisle. Weijia Jiang reports.
How the Federal Reserve gained independence
Federal Reserve Chair Jerome Powell this weekend said that the Justice Department's investigation into him is a major test of the central bank's independence, which has been the norm since 1951. CBS News' Lindsey Reiser explains how the Fed became independent. Then, CBS News congressional correspondent Nikole Killion has more on lawmaker reaction to the probe.
White House: Trump didn't direct Powell probe
The Justice Department is investigating Federal Reserve Chair Jerome Powell, sparking outcry from lawmakers across both sides of the aisle. CBS News chief legal correspondent Jan Crawford has more.
Ex-Obama adviser slams DOJ probe into Powell
Multiple former Federal Reserve chairs and economic officials have signed a letter condemning the investigation into Jerome Powell, calling it an "unprecedented attempt" to undermine the central bank's independence. Jason Furman, former chair of the Council of Economic Advisers, and Jessica Levinson, CBS News legal contributor, join to discuss.
House Democrats eye DHS budget to rein in ICE
Protests in Minnesota and across the U.S. are continuing following last week's deadly ICE shooting. Democratic Rep. James Walkinshaw of Virginia joins "The Takeout" to discuss how his colleagues in Congress hope to address the situation.
Sen. Elizabeth Warren on DOJ probe into Powell
The Justice Department is investigating Federal Reserve Chairman Jerome Powell over renovations to the central bank's headquarters. Democratic Sen. Elizabeth Warren of Massachusetts joins "The Takeout" with her reaction.
Details on DOJ investigation into Powell
The Trump administration's Justice Department has opened a criminal inquiry into Federal Reserve Chairman Jerome Powell and whether he lied to Congress about the renovation of the Fed's headquarters. CBS News justice correspondent Scott MacFarlane reports.
Congress reacts to investigation into Powell
Lawmakers are sharing their thoughts after the Justice Department launched an investigation into Fed Chair Jerome Powell and issuing subpoenas against the Federal Reserve. CBS News congressional correspondent Nikole Killion has more.
Latest on DOJ probe into Jerome Powell
Fed Chair Jerome Powell said Sunday that the Justice Department was investigating him over his testimony on the Federal Reserve's building construction. CBS News legal contributor Jessica Levinson breaks it down.
Legal analysis of Jerome Powell probe
The Federal Reserve has received grand jury subpoenas from the Justice Department over a criminal investigation into its chair, Jerome Powell, Powell said in a video posted Sunday. CBS News legal contributor Jessica Levinson breaks down what it all means.
Live
Trump says "all sides should stand down" after Israel strikes Lebanon
President Trump said Israel and Iran should not "blow it" as efforts to finalize a peace deal continue.
White House hosting UFC fight tonight on Trump's 80th birthday
The UFC is hosting a fight series on the White House South Lawn Sunday night.
Vance: Trump "very supportive" as vice president moves closer to 2028 decision
Vice President JD Vance tells "CBS Sunday Morning" that he and his wife, Usha, will make a decision whether to enter the 2028 presidential race following the 2026 midterm elections.
Knicks capture first NBA title in 53 years
The New York Knicks captured their first NBA championship in 53 years with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals.
Trump's name removed from Kennedy Center, court filing says
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
With uncertainty around H-1B visa fee, U.S. businesses unsure how to move forward
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
"It rips my heart apart": U.S. military veteran calls on ICE to release wife
An American citizen who served in the Army and the Texas National Guard for roughly 20 years is desperately urging immigration officials to release his wife, who is facing deportation to Honduras.
Fighter jet crashes in Washington state, sparking wildfire
A pilot survived after a fighter jet crashed into a mountain Saturday afternoon in Yakima County, Washington, sparking a wildfire, officials said.
Body found outside Tijuana stadium where Iran team is training for World Cup
Mexican authorities are investigating how a corpse ended up outside a stadium in the border city of Tijuana, where Iran's national team has been training for the World Cup.
U.S.
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Trump endorses Rep. Mike Collins in Georgia Senate runoff
President Trump endorsed Rep. Mike Collins in the Republican Senate runoff in Georgia, wading into the race days ahead of the contest that will decide who takes on Democratic Sen. Jon Ossoff.
"Do not open until July 4, 2276": What will America's Time Capsule reveal?
To mark America's 250th, a time capsule will be buried in Philadelphia on July 4, not to be opened until America's quincentennial. What objects made the cut to be preserved for another 250 years?
White House hosting UFC fight tonight on Trump's 80th birthday
The UFC is hosting a fight series on the White House South Lawn Sunday night.
Fighter jet crashes in Washington state, sparking wildfire
A pilot survived after a fighter jet crashed into a mountain Saturday afternoon in Yakima County, Washington, sparking a wildfire, officials said.
How an Iowa woman became a key witness in her own murder
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
MoneyWatch
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With uncertainty around H-1B visa fee, U.S. businesses unsure how to move forward
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Former SpaceX welder becomes a millionaire after historic IPO
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Politics
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Transcript: Gary Cohn on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Gary Cohn, IBM vice chairman and director of the National Economic Council during President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Sen. Mark Warner, Demcorat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Transcript: Sen. Mark Kelly on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Sen. Mark Kelly, Democrat of Arizona, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Trump endorses Rep. Mike Collins in Georgia Senate runoff
President Trump endorsed Rep. Mike Collins in the Republican Senate runoff in Georgia, wading into the race days ahead of the contest that will decide who takes on Democratic Sen. Jon Ossoff.
Transcript: Defense Secretary Pete Hegseth on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Defense Secretary Pete Hegseth that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
HealthWatch
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HealthWatch
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
In Japan, life lessons in healthy eating
In the U.S. the percentage of obese adults is about ten times what it is in Japan. What differentiates the Japanese diet, and how are schools making it their mission to give Japanese children a taste of a healthy life?
Her Stage IV cancer had no symptoms. Innovative surgery saved her life.
A chance emergency room visit led to Amy Piccoli's diagnosis with late-stage colorectal cancer.
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
New sunscreen option wins FDA approval after years of delay
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
World
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Transcript: Gary Cohn on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Gary Cohn, IBM vice chairman and director of the National Economic Council during President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Sen. Mark Warner, Demcorat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Transcript: Sen. Mark Kelly on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Sen. Mark Kelly, Democrat of Arizona, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Transcript: Defense Secretary Pete Hegseth on "Face the Nation with Margaret Brennan," June 14, 2026
The following is the transcript of the interview with Defense Secretary Pete Hegseth that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Early results indicate defeat of measure that would cap Swiss population
The number of people living in Switzerland has soared by nearly one-quarter over the last generation.
Entertainment
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Entertainment
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
Soccer art made from gum wrappers
Artist Lyndon J. Barrois Sr. painstakingly sculpts art depicting soccer players. His medium of choice? The humble chewing gum wrapper. Correspondent Luke Burbank talks with Barrois about his Los Angeles exhibit, "Fútbol Is Life: Animated Sportraits," which captures iconic moments from nearly 100 years of the World Cup in tiny pieces of paper and foil.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including "Today" film critic Gene Shalit.
David Hockney: An appreciation
David Hockney's constant experimentations in art gave us six decades of swimming pools and sun-drenched scenes, intimate portraits of friends, vibrant depictions of his native Yorkshire, and groundbreaking digital works. The British-born painter died on Thursday, June 11, 2026 at age 88. Correspondent Seth Doane offers an appreciation of the groundbreaking body of work, by an artist whom British Prime Minister Keir Starmer called one of the most important figures in contemporary art in both the 20th and 21st centuries.
"It's a Good Life" for actor Bill Mumy
Now 72, the former child star of such classic TV series as "The Twilight Zone" and "Lost in Space" avoided the dangers that other young actors faced while pursuing a Hollywood career, as an Emmy-nominated songwriter, touring musician and recording artist.
Technology
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As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
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.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Uproar over planned data center near zoo
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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How an Iowa woman became a key witness in her own murder
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
Police dress up as World Cup mascots to carry out drug sting
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
Armed men kidnap respected security expert in gang-wracked Haiti
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
Texas shooting kills at least 1, injures 10
On Wednesday, a 45-year-old gunman opened fire on police in Midland, Texas, allegedly refusing to surrender to police. He fled, finally barricading himself in an abandoned veterinary building and shooting wildly. All of those shot were civilians. The gunman was found dead on Friday, with the FBI and state agencies investigating. Jason Allen has more.
Midland gunman was on the run before shooting
At least one person is dead, and 10 others are injured after a gunman opened fire in Midland, Texas, on Friday. The shooter died after a standoff with police. CBS News correspondent Jason Allen reports.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
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.
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
Face the Nation: Warner, Kelly, Cohn
Missed the second half of the show? Sens. Mark Kelly, Mark Warner and IBM vice chairman Gary Cohn join.
Cohn: Prices will not fall "overnight"
Gary Cohn, IBM vice chairman and the head of the National Economic Council in President Trump's first term, told "Face the Nation with Margaret Brennan" that prices are "not going to fall like a rock overnight" if a truce between the U.S. and Iran is signed because "we're going to have to see exactly what happens with the Strait" of Hormuz.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
Sen. Kelly on "munitions issue" amid Iran war
Democratic Sen. Mark Kelly, who has sparred with Defense Secretary Pete Hegseth after Hegseth's testimony before the Senate Armed Services Committee, told "Face the Nation with Margaret Brennan" that "of course we have a munitions issue" amid the Iran war, adding that it's "widely understood that when you attack over 10,000 targets from the air with cruise missiles and ballistic missiles and bombs from airplanes, you are using a lot of munitions, and we do not have an endless supply of these things."
Trump's name removed from Kennedy Center
On Friday, workers began removing President Trump's name from Washington D.C.'s Kennedy Center after a court ruling last month ordered it to be taken down. A district court judge declared in the ruling that "Congress gave the Kennedy Center its name, and only Congress can change it."