Iran war fallout raises odds of a U.S. recession, economists say
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
Recession
5/7: The Takeout: Jill Schlesinger
CBS News business analyst Jill Schlesinger joins Major Garrett on "The Takeout" to break down the state of U.S. banks and artificial intelligence's role in the economy. She simplifies the Federal Reserve's recent string of interest rate increases and its level of effectiveness. Given inflation and several recent bank failures, Schlesinger also weighs in on whether our current economic woes signal that a recession is near.
European financial system hinging on Greece
The fate of Europe's financial system - and possibly the world's - hinges on Greece and its acceptance of a bailout plan, reports Mark Phillips.
Role of Trump's tariffs in Q3 GDP surge
New government data reveals the U.S. economy saw a major surge in the third quarter of 2025. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the results.
Data: 32,000 private jobs lost in September
The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.
Jamieson Greer on tariffs, employment data
"Face the Nation" moderator Margaret Brennan speaks with U.S. Trade Representative Jamieson Greer. More of their interview will air Sunday on "Face the Nation."
Bank of America report on consumer spending
A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior economist at the Bank of America Institute, joined CBS News to discuss the report.
Most CEOs aren't expecting a recession anytime soon, survey finds
Business leaders are feeling more optimistic about the U.S. economy despite ongoing uncertainty stemming from tariffs.
2009: Ben Bernanke's greatest challenge
Fed chairman discusses recession, financial rescues and recovery in wide-ranging "60 Minutes" interview.
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.
Will the Fed raise interest rates again?
Federal Reserve Chairman Jerome Powell shares his outlook on the U.S. economy and tells 60 Minutes whether or not another interest rate hike is on the horizon
Powell says the president can't fire him
Jerome Powell tells "60 Minutes" he fully intends to serve his four-year term.
How the opioid crisis affects the economy
Jerome Powell tells 60 Minutes about the factors that have led the United States to have a lower labor force participation rate than almost every other advanced country
Americans' feelings on economic outlook
Americans' feelings about the economy have improved slightly, but many are still concerned about the state of their finances, according to a new CBS News poll. Anthony Salvanto breaks down the numbers.
Consumer Confidence Index data coming
The upcoming Consumer Confidence Index report may impact Americans during a period of economic uncertainty for many. CBS News contributor Javier David has more on what to expect.
Trump says short-term recession would be "ok"
In a wide-ranging interview on NBC's "Meet the Press" over the weekend, President Trump said a recession, in the short term, would be "ok." CBS News White House reporter Aaron Navarro has more.
Consumer sentiment falls again in March
Consumer sentiment fell more than 8% in March, according to a survey from the University of Michigan, marking the fourth straight decline. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to assess what the figure could say about the state of the economy.
Odds of recession are rising, IMF says
The International Monetary Fund is sounding alarms about slowing economic growth and the potential for a U.S. recession rising. This comes as President Trump walks back comments about Fed Chair Jerome Powell's firing and as his take on a trade deal with China. CBS News contributor Javier David has more.
Economic report predicts slower growth
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Mar 10: CBS News 24/7, 1pm ET
President Trump hints at more tariffs ahead as concerns grow over possible recession; U.S. tanker collides with a cargo ship off of U.K. coast.
Jamie Dimon says U.S. economy faces "considerable turbulence"
JPMorgan CEO Jamie Dimon warns that tariffs are likely to boost inflation, while urging the Trump administration to strike trade deals.
Wednesday's stock gains mostly erased
Stock markets slumped on Thursday, erasing much of the previous day's gains as investors continue to navigate President Trump's tariff strategy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Federal Reserve's Neel Kashkari on tariffs
President Trump announced Wednesday that he is raising tariffs on China to 125% and pausing tariffs for several other countries. Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, joins "America Decides" with his take on inflation, tariffs and possible Fed moves.
Are trade deficits bad for the U.S. economy?
The Dow, Nasdaq and S&P 500 closed in negative territory Tuesday as investors continue to reel from President Trump's global tariffs. Martin Baccardax, senior editor and chief markets correspondent at TheStreet, joins "America Decides" to examine how the escalating trade war could impact the global economy and whether trade deficits are inherently bad.
Early morning stock rally fizzles out
A stock market rally fizzled by Tuesday's closing bell, with the Dow Jones wiping out a 1,400-point gain and all three major indexes closing in the red ahead of the midnight deadline for President Trump's sweeping tariffs. CBS News' Kelly O'Grady and Jennifer Jacobs have more.
Live
Oil prices soar as Trump threatens to invade Iran, seize its resources
Energy markets remain volatile as Trump threatens Iran with an invasion to seize its oil while also suggesting a deal could soon end the war.
Special Operations Forces, Marines and Army troops now in Middle East, sources say
The forces give Trump military options in Iran, including operations that could target opening the Strait of Hormuz, take oil from Kharg Island or seize Iran's stockpile of enriched uranium, sources said.
What to know about the legal fight over Trump's birthright citizenship order
The Supreme Court will hear arguments Wednesday over the legality of President Trump's executive order that seeks to end birthright citizenship.
DHS shutdown set to stretch on with Congress on 2-week break
The shutdown of the Department of Homeland Security is set to stretch on after House Republicans rejected a Senate-passed solution to the standoff late last week.
How quickly will airport security lines ease after TSA workers get paid?
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
U.S. military needs to keep up as drones advance, former Marine says
Iran is launching deadly drone strikes on U.S. forces and allies in the Middle East. The same weapons have been used for years in Ukraine, where drones have transformed warfare.
Everything to know about NASA's moon mission launching this week
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Fighter jets intercept plane near Trump's Mar-a-Lago resort
Fighter jets were scrambled over Palm Beach after a civilian plane breached restricted airspace near President Trump's Mar-a-Lago resort, officials said.
States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
U.S.
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Fed's Powell tells students not to despair despite tough job market
In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.
Air Canada CEO to retire after backlash over English-only crash message
Air Canada will seek a new CEO with "the ability to communicate in French" after Rousseau's English-only condolence message about the deadly New York crash.
Brent crude touches $115 a barrel, while U.S. stocks recover some losses
With stocks cheaper than they were before the Iran war, some investors are looking for an opportune time to buy.
DHS shutdown set to stretch on with Congress on 2-week break
The shutdown of the Department of Homeland Security is set to stretch on after House Republicans rejected a Senate-passed solution to the standoff late last week.
Meet the astronauts about to make history on flight around the moon
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
MoneyWatch
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Fed's Powell tells students not to despair despite tough job market
In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.
Air Canada CEO to retire after backlash over English-only crash message
Air Canada will seek a new CEO with "the ability to communicate in French" after Rousseau's English-only condolence message about the deadly New York crash.
Brent crude touches $115 a barrel, while U.S. stocks recover some losses
With stocks cheaper than they were before the Iran war, some investors are looking for an opportune time to buy.
States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
Bank of America reaches $72.5 million settlement in Epstein lawsuit
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
Politics
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DHS shutdown set to stretch on with Congress on 2-week break
The shutdown of the Department of Homeland Security is set to stretch on after House Republicans rejected a Senate-passed solution to the standoff late last week.
Special Operations Forces, Marines and Army troops now in Middle East, sources say
The forces give Trump military options in Iran, including operations that could target opening the Strait of Hormuz, take oil from Kharg Island or seize Iran's stockpile of enriched uranium, sources said.
What to know about the legal fight over Trump's birthright citizenship order
The Supreme Court will hear arguments Wednesday over the legality of President Trump's executive order that seeks to end birthright citizenship.
States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
California sheriff says election fraud probe delayed by suits and court filings
Riverside County Sheriff Chad Bianco says his election fraud probe of the Proposition 50 Special Election last fall has come to a halt due to "politically motivated lawsuits and court filings."
HealthWatch
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States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
Hockey player diagnosed with Stage IV cancer at 26: "It was surreal"
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
World
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Nearly $100 million worth of cocaine found hidden in bananas
The massive seizure of cocaine marked the latest instance of the illicit drug being found hidden in a shipment of the fruit.
Air Canada CEO to retire after backlash over English-only crash message
Air Canada will seek a new CEO with "the ability to communicate in French" after Rousseau's English-only condolence message about the deadly New York crash.
Snowy owl, cheetah among 40 species granted international protection
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
Special Operations Forces, Marines and Army troops now in Middle East, sources say
The forces give Trump military options in Iran, including operations that could target opening the Strait of Hormuz, take oil from Kharg Island or seize Iran's stockpile of enriched uranium, sources said.
Thieves grab paintings by 3 masters from Italian museum in under 3 minutes
Thieves made off with three paintings by Renoir, Cézanne and Matisse worth millions from an Italian museum in under three minutes, reports say.
Entertainment
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Entertainment
Extended Interview: Stars of "Cats: The Jellicle Ball"
Mo Rocca sits down with Tony Award-winner André De Shields, Ken Ard, Junior LaBeija and Leiomy, who star in "Cats: The Jellicle Ball."
Extended Interview: Dancers in "Cats: The Jellicle Ball"
Mo Rocca learns some tricks from the dancers in "Cats: The Jellicle Ball."
Extended Interview: Directors of "Cats: The Jellicle Ball"
Mo Rocca sits down with Zhailon Levingston and Bill Rauch, the directors of "Cats: The Jellicle Ball."
David Oyelowo on new psychological thriller
Award-winning actor David Oyelowo speaks with "CBS Mornings" about starring in the psychological thriller "Newborn." The film follows Chris Newborn as he tries to rebuild his life and reconnect with family after serving seven years in solitary confinement. Oyelowo explains how he prepared for his role and speaks about losing his father to cancer on the first day of shooting the movie.
Michael Jordan on NASCAR, basketball and the one title he won't claim
Michael Jordan reflects on his life after basketball, his move into NASCAR, and the pressure that still comes with his competitive drive and fame.
Technology
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Technology
Company tries to make flying car of the future
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
Judge blocks Pentagon's Anthropic risk label
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
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.
Kentucky family rejects millions for land
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
CBS News poll analysis on what jobs AI should be doing
As AI use rises, many see it decreasing the number of jobs available.
Science
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Snowy owl, cheetah among 40 species granted international protection
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
Everything to know about NASA's moon mission launching this week
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice hits lowest winter level as heat records are shattered worldwide
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Sharks in Bahamas test positive for caffeine, painkillers, cocaine
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Crime
More Crime
Nearly $100 million worth of cocaine found hidden in bananas
The massive seizure of cocaine marked the latest instance of the illicit drug being found hidden in a shipment of the fruit.
Thieves grab paintings by 3 masters from Italian museum in under 3 minutes
Thieves made off with three paintings by Renoir, Cézanne and Matisse worth millions from an Italian museum in under three minutes, reports say.
Fugitive accused of killing 2 cops is shot dead after 7-month manhunt
Desmond Freeman fled into dense bushland in August last year after shooting and killing two police officers who came to search his rural home.
Denise and Aaron Quinn Get the Last Word
A couple is attacked as they slept. They later team up with law enforcement and get their assailant to confess to more crimes. "48 Hours" correspondent Tracy Smith reports.
Attack survivors, not believed by police, get the last word against kidnapper
After their kidnapping case drew national attention because they were accused of making it up, Denise Huskins Quinn and Aaron Quinn worked with law enforcement to help uncover additional crimes committed by their attacker – helping to bring justice to other victims and reclaiming their own story.
Space
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Space
Artemis II to launch this week
NASA is hoping to lift off Wednesday on its Artemis II mission that will send a four-member crew on a nine-day trip around the moon and back before splashing down off the coast of San Diego. Mark Strassmann has more.
Meet the astronauts about to make history on flight around the moon
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
Everything to know about NASA's moon mission launching this week
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Astronauts prepare for Wednesday moon launch
The Artemis II crew is in quarantine ahead of a launch scheduled for Wednesday. If all goes well, the crew will fly around the far side of the moon, going farther from Earth than any human in history. Mark Strassmann reports.
Artemis II astronauts say they're "ready to go" for moon launch
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
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
More Latest CBS News Videos
Latest CBS News Videos
Latest details on Italian art museum heist
Thieves stole works of Renoir, Cézanne and Matisse from the Magnani Rocca Foundation, a private art museum near Parma, Italy, police said. CBS News' Shanelle Kaul has more.
Iran threatens to set U.S. troops on fire
More U.S. troops are heading to the Middle East as President Trump touts "great progress" on peace talks. Meanwhile, Iran reacted to the possibility of U.S. troops on the ground by threatening to set them on fire. CBS News' Eleanor Watson has more.
Pakistan offers to host U.S.-Iran talks
Pakistan says it will host talks between the U.S. and Iran, but neither side is commenting on the potential diplomatic event. Mona Yacoubian, the director and senior adviser of the Middle East Program at the Center for Strategic and International Studies, joins CBS News with more.
U.S. slowing asylum crackdown, sources say
The Trump administration is scaling back its crackdown on asylum cases in the U.S. after halting operations last November, sources say. CBS News' Camilo Montoya-Galvez has more.
Trump issues new warning to Iran
President Trump threatened that the U.S. would obliterate Iran's energy supplies if a peace deal isn't made soon. Republican Sen. Lindsey Graham responded to the threat, saying "the necessity for military action is weeks not months." CBS News' Natalie Brand has more.