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
Tehran says Strait of Hormuz "under Iran's control" after Trump threat
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
Kennedy Center board votes to restore Trump's name on building
The Kennedy Center's board of trustees voted to add President Trump's name to the facade of the performing arts center, more than two months after a judge ordered its removal, according to a Democrat who sits on the center's board.
Flock CEO responds to abuses of its surveillance technology
The CEO of Flock Safety apologized for alleged abuses of its service by law enforcement officers as the company rolled out new changes to how it operates.
Baby in surrogate dispute now in custody of parents, lawyer says
The baby at the center of a surrogacy dispute was born in Texas Wednesday and has hypoplastic left heart syndrome, a rare heart defect.
Senators demand answers about conditions aboard USS Abraham Lincoln
Senate Democrats are demanding answers about conditions aboard the USS Abraham Lincoln during the aircraft carrier's record-setting deployment.
Luigi Mangione in discussions about possible guilty plea, sources say
Luigi Mangione, accused in the 2024 killing of UnitedHealthcare CEO Brian Thompson, is in discussions about a possible plea deal on federal charges, sources familiar with the matter told CBS News.
Floodwaters submerge Midwest neighborhoods bracing for more severe storms
Muddy floodwaters seeped into the homes of Indiana and Ohio residents this week, as severe storms struck the Midwest. Now, some areas are bracing for even more rain.
Trump administration's antisemitism lawsuit against Harvard dismissed
The lawsuit was one of many steps against Harvard that the Trump administration has taken since President Trump's return to office, in addition to attempting to cancel billions of dollars in federal funds.
Cities propose new tactics to crack down on so-called "teen takeovers"
Large gatherings of young people, often spurred by online invites, can lead to violence and injuries, even death.
U.S.
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Flock CEO responds to abuses of its surveillance technology
The CEO of Flock Safety apologized for alleged abuses of its service by law enforcement officers as the company rolled out new changes to how it operates.
AI is driving up consumer prices. That won't stop anytime soon.
Surging AI investment is pushing up the cost of smartphones and other gadgets, according to analysts. Here's why.
Jury selected for Tupac Shakur murder trial, opening statements expected Monday
A jury of six men and 10 women was selected to hear the case against an ex-gang leader accused of orchestrating Tupac Shakur's killing nearly 30 years ago.
This week on "Sunday Morning" (Aug. 16)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Kennedy Center board votes to restore Trump's name on building
The Kennedy Center's board of trustees voted to add President Trump's name to the facade of the performing arts center, more than two months after a judge ordered its removal, according to a Democrat who sits on the center's board.
MoneyWatch
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AI is driving up consumer prices. That won't stop anytime soon.
Surging AI investment is pushing up the cost of smartphones and other gadgets, according to analysts. Here's why.
Record-breaking heat takes mounting toll on the U.S. economy
Heat waves are dealing a financial blow to businesses and creating hazardous conditions for workers, according to climate experts.
Can taking weight-loss drugs help you get hired? Yes, if you're a woman.
Going on GLP-1 drugs significantly boosted unemployed women's chances of finding a job, according to a Harvard economist.
Reese's Halloween pumpkins hit shelves unchanged after lawsuit victory
Hershey said the Halloween-shaped candy, which had sparked a lawsuit over the product's lack of detail, will return in its familiar oval shape.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Politics
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Kennedy Center board votes to restore Trump's name on building
The Kennedy Center's board of trustees voted to add President Trump's name to the facade of the performing arts center, more than two months after a judge ordered its removal, according to a Democrat who sits on the center's board.
Trump administration's antisemitism lawsuit against Harvard dismissed
The lawsuit was one of many steps against Harvard that the Trump administration has taken since President Trump's return to office, in addition to attempting to cancel billions of dollars in federal funds.
DOJ leaves in place ruling that deregulates silencers, shotguns
A Texas judge earlier this month issued a ruling that deregulated silencers, shotguns and certain rifles.
Robert Gilman was on "death's door" before Russia freed him, advocate says
Robert Gilman, a U.S. Marine veteran, was imprisoned in Russia for over four years and now faces a long road to recovery, says a hostage crisis expert who advocated for Gilman's release.
Live
Tehran says Strait of Hormuz "under Iran's control" after Trump threat
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
HealthWatch
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My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Texas steps into surrogate fight with parents
California parents wanted to end a surrogate pregnancy when doctors diagnosed the baby with a severe heart defect at 20 weeks. The surrogate refused and went to Texas, where the state has now stepped in. The baby was born on Wednesday. Jason Allen reports.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Maps and charts show record number of measles cases in U.S. this year
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell: I take testosterone. Here's why.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
World
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Poland says it thwarted Russian plot to kill an American citizen
Polish Prime Minister Donald Tusk said the suspect was allegedly recruited by Russia's secret services.
They've survived 2 major earthquakes in Colombia: "A sense of powerlessness"
Colombia earthquake survivors are facing major loss and a yearslong road to recovery filled with grief and uncertainty. Here's what responders say will happen next.
Robert Gilman was on "death's door" before Russia freed him, advocate says
Robert Gilman, a U.S. Marine veteran, was imprisoned in Russia for over four years and now faces a long road to recovery, says a hostage crisis expert who advocated for Gilman's release.
Search for survivors of Colombia earthquake enters "final phase"
Rescuers in Colombia were making last-ditch efforts to locate earthquake survivors early Thursday as the critical 72-hour window for rescue operations neared its end.
$5,255 fine issued after foghorn wakes up sleeping polar bear
Under local regulations, "it is forbidden to needlessly disturb, attract or pursue a polar bear," which was declared a protected species in 1972.
Entertainment
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Entertainment
Becky G gives behind-the-scenes look
"CBS Mornings" co-host Gayle King went inside a rehearsal with singer Becky G as she gives fans a sneak peek at a new single before her upcoming album's release.
Recipe: Amish Peanut Butter Pie
Lovina Hershberger Zook, who left the Amish faith, today shares recipes of the Amish with her more than six million followers on social media.
"CBS Sunday Morning" launches new series of live events at the 92nd Street Y in NYC, debuting with Sylvester Stallone
America's #1 Sunday morning news program announces a new collaboration beginning Sept. 28 to bring conversations with the biggest newsmakers in the arts, politics and culture to the stage, and streamed online.
Exclusive
Becky G reflects on advocacy in new music, rise to fame
Becky G spoke exclusively with "CBS Mornings" co-host Gayle King about her rise to fame, being the breadwinner of the family at a young age and her new music.
Becky G on her rise to fame, new music
Singer Becky G was signed to a record label at just 14 years old. She spoke exclusively to "CBS Mornings" co-host Gayle King about her rise to fame, advocacy in her new music and major collaborations.
Technology
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Technology
Tim Cook on American-made Apple products
CBS News' Jo Ling Kent speaks with outgoing CEO Tim Cook about Apple's new focus on American manufacturing and what he thinks he's stood for as the head of the company.
AI is driving up consumer prices. That won't stop anytime soon.
Surging AI investment is pushing up the cost of smartphones and other gadgets, according to analysts. Here's why.
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.
Google unveils new tech, centered around AI
Google is officially unveiling its latest line of Pixel phones and other new devices at its 2026 Made By Google event in New York. AI is at the center of its newest offerings. Matt Binder, a senior reporter at Mashable, joins CBS News to discuss.
Meta on trial for social media addiction suit
Tech giant Meta is being accused of designing social media platforms that violate privacy and enable social media addiction in children. Jury selection in the trial begins today. CBS News legal contributor Jessica Levinson has more on the case.
Science
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Science
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
How a total solar eclipse stopped a war
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Crime
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Crime
Mangione potential federal plea deal
Sources tell CBS News that Luigi Mangione, the man accused of killing United Healthcare CEO Brian Thompson, is in talks over a federal plea deal. CBS News legal reporter Katrina Kaufman has more.
Lindsay Clancy texts, searches read in court
Lindsay Clancy appeared more composed in court on Thursday as the jury heard about her internet searches and private text messages. Shanelle Kaul has more details.
Possible plea deal in Luigi Mangione trial
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, may be preparing to accept a plea agreement, avoiding a federal trial and possibly life in prison, sources say. Tom Hanson reports.
Flock CEO responds to abuses of its surveillance technology
The CEO of Flock Safety apologized for alleged abuses of its service by law enforcement officers as the company rolled out new changes to how it operates.
Jury selected for Tupac Shakur murder trial, opening statements expected Monday
A jury of six men and 10 women was selected to hear the case against an ex-gang leader accused of orchestrating Tupac Shakur's killing nearly 30 years ago.
Space
More Space
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
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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Latest CBS News Videos
Kennedy Center board votes to put Trump's name back
The Kennedy Center's board of trustees, which includes multiple allies of President Trump, voted Thursday to put Mr. Trump's name back on the Washington, D.C., building months after a judge ordered it removed. CBS News' Olivia Rinaldi has more.
Mangione potential federal plea deal
Sources tell CBS News that Luigi Mangione, the man accused of killing United Healthcare CEO Brian Thompson, is in talks over a federal plea deal. CBS News legal reporter Katrina Kaufman has more.
Disaster emergency in Indiana over floods
Indiana's governor declared a disaster emergency over heavy flooding on Thursday as millions of Americans face similar threats across the Midwest. CBS News correspondent Ian Lee has more from the disaster zone.
Reports of dismal conditions on USS Lincoln
Military families are reporting food shortages, broken plumbing, and mental health issues on the USS Abraham Lincoln. Earlier this month, a sailor on the ship went overboard and was safely rescued, officials say. The ship hasn't visited a port in more than 200 days. CBS News' Pentagon reporter Eleanor Watson has more.
Organ donation and an engagement
23 years ago, Noah Waters' older brother Michael died in an accident, but that tragedy is also what saved the life of Brooklyn Dotson. When she was 18 months old, she received a liver transplant, and the two families stayed connected. Now, Noah and Brooklyn are engaged. Tony Dokoupil has the story.