El-Erian: Fed has "no good policy options"
Mohamed El-Erian, the chief economic adviser for Allianz, says the Federal Reserve can either raise interest rates and risk a recession, or allow inflation to continue to rise.
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Mohamed El-Erian, the chief economic adviser for Allianz, says the Federal Reserve can either raise interest rates and risk a recession, or allow inflation to continue to rise.
CBS News' Chris Livesay reports from Odesa, where Ukrainians have been subject to Russian strikes for more than two weeks.
Since Vladimir Putin ordered the invasion of Ukraine, more than 13,000 Russians protesting in the streets have been arrested. Correspondent David Pogue talks with a young woman detained for demonstrating against the war; and with a former Parliament Member, forced to leave the country, who describes Putin's efforts to eradicate dissent.
CBS News elections and surveys director Anthony Salvanto discusses a new CBS News poll finding broad support for sanctioning Russian oil, even if it means higher gas prices.
Kristalina Georgieva, the managing director of the International Monetary Fund, says the Russian economy is being hit hard by sanctions imposed by the U.S. and the West.
CBS News national security correspondent David Martin reports on Russia's latest strikes on airfields in western Ukraine.
National security adviser Jake Sullivan says the U.S. will impose "appropriate consequences" against Russia for the death of an American journalist in Ukraine.
CBS News' Charlie D'Agata reports from Kyiv on the latest Russian attack, a missile strike in western Ukraine, near the country's border with Poland.
Since the invasion of Ukraine was launched, more than 13,000 Russians protesting in the streets have been arrested – part of the Kremlin's efforts to eradicate dissent.
With the clampdown on independent news and social media within Russia, and the spread of propaganda and misinformation by state media, Russian citizens are getting a false picture of the war being waged by Vladimir Putin.
Americans look to punish Russia, concerned it will invade others too.
Russian forces continue to bombard Ukraine indiscriminately, killing more civilians than soldiers. Ukrainian President Zelensky accuses Russia of a "war of annihilation," as the city of Odesa braces for an imminent attack. Chris Livesay reports.
President Biden warned Russia that if they use chemical weapons they will pay a severe price. His warning came after the U.S. placed more sanctions on Russia, restricting its ability to trade. Debra Alfarone reports.
The Ukrainian resistance is being backed up with an increase of Javelin anti-tank weapons that the U.S. and NATO distributed in the weeks leading up to Russia’s invasion of Ukraine. David Martin reports on how the weapon has slowed Russian troops.
Russians are scrambling to get their fast-food fix, now that McDonald’s announced it will temporarily close more than 800 locations in protest of Russia's invasion of Ukraine. Anthony Mason reported on the opening of Russia's first McDonald’s store.
President Biden says he is trying to take another bite out of Russia's struggling economy. He is calling for the U.S. to join European allies in stripping Russia of its preferential trade status. Debra Alfarone has the latest.
Russian forces are closing in on Kyiv. They are also bombarding and have surrounded the strategically important port city of Mariupol. CBS News' Chris Livesay reports.
The U.S. is deploying additional troops to Eastern Europe to support NATO forces. It's also sending more weapons and billions of dollars in aid to Ukraine.
The humanitarian crisis in Ukraine has put a spotlight on alleged racism.
"Think first about the children, about those who are deprived of the hope for a dignified life," he tweeted.
Military experts say Russian President Vladimir Putin underestimated Ukraine's army and its people. David R. Stone, the William E. Odom professor of Russian studies, joins CBS News to discuss the history behind the conflict and Russia's strategy.
Russia announced Instagram users have until March 14 to leave the platform after Meta allows Ukrainian calls for violence on its platforms.
Russian forces are terrorizing cities on Ukraine's south coast. Troops are stationed in Mykolaiv, which is known as the border between the Russians and the West. Chris Livesay has more.
President Biden has tightened the screws on economic sanctions against the Kremlin by targeting Russia's ability to trade. He also banned several key Russian products, including vodka and seafood. Ed O'Keefe shares more details.
Russia "has a track record of falsely accusing the West of the very violations that Russia itself is perpetrating," a U.S. spokesperson said.
President Trump said Wednesday the U.S. might return to negotiations with Iran eventually, but said currently "the situation is so good."
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
President Trump announced he's nominating Dr. Heidi Overton, a deputy assistant to the president for domestic policy, to be the next head of the FDA.
Progressive momentum has been a prominent storyline as Democrats look to flip control of the House and Senate next year. But how far will it go?
Eligible soldiers must reenlist for a minimum of two years and up to six years.
Florida state Rep. Angie Nixon defeated Alex Vindman in Tuesday's primary, setting up the race against GOP Sen. Ashley Moody in November.
Israel says military police will investigate the killing of Hind Rajab, a young girl in Gaza whose death at the hands of its forces drew an international outcry.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Author and grief coach Kate Doerge joined Norah O'Donnell for a candid talk about coping with grief.
Progressive momentum has been a prominent storyline as Democrats look to flip control of the House and Senate next year. But how far will it go?
Federal officers found a moving pillowcase in a car that was seized at the U.S.-Mexico border. A collection of stolen exotic reptiles was inside.
President Trump announced he's nominating Dr. Heidi Overton, a deputy assistant to the president for domestic policy, to be the next head of the FDA.
Police in Philadelphia are searching for a man they say chased at least a half dozen people last week within a half hour while wearing a Chucky-style mask.
The yield on the 30-year Treasury this week hit its highest level since 2007, a rise that could put upward pressure on borrowing costs.
The yield on the 30-year Treasury this week hit its highest level since 2007, a rise that could put upward pressure on borrowing costs.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
Progressive momentum has been a prominent storyline as Democrats look to flip control of the House and Senate next year. But how far will it go?
The Republican nominee for the South Carolina Senate seat will be determined in the runoff between Sen. Darline Graham and Rep. Ralph Norman on Aug. 25.
President Trump announced he's nominating Dr. Heidi Overton, a deputy assistant to the president for domestic policy, to be the next head of the FDA.
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
Eligible soldiers must reenlist for a minimum of two years and up to six years.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Author and grief coach Kate Doerge joined Norah O'Donnell for a candid talk about coping with grief.
August is National Grief Awareness Month, and Kate Doerge wants to reimagine how we deal with grief. After the experience of losing her 16-year-old daughter, Kate decided it was time to reframe the feeling of sadness. We've all heard of the five stages of grief, but Kate suggests there are five actions to help you learn how to carry your grief. Plus, Norah talks about how she wants to be remembered, and Kate tells us how to show up for people who are grieving.
The Ebola outbreak in Congo has passed 5,000 cases, government data showed, an unprecedented rate of spread that's outpacing efforts to slow it in one of the country's remotest regions.
In this interview from 2024, former pitching ace Tommy John talked with correspondent Faith Salie about the injury to his pitching arm he suffered in 1974, and about the innovative procedure (which came to be known as "Tommy John surgery") that rescued his career – and would prolong the careers of many more professional and amateur athletes since. [John died on Aug. 15, 2026 at age 83.]
Israel says military police will investigate the killing of Hind Rajab, a young girl in Gaza whose death at the hands of its forces drew an international outcry.
President Trump wants to meet again with Kim Jong Un to discuss denuclearization, the Wall Street Journal reports, despite having nothing to show for 3 previous summits.
Australia's Nick Kyrgios has been provisionally suspended from professional tennis after testing positive for cocaine during a tournament in Mallorca.
The bodies of two climbers who disappeared in the Swiss Alps in 1992 have been found, freed from a melting glacier, police said.
Triple-murderer Erin Patterson appeals convictions for poisoning four of her estranged husband's relatives with death cap mushrooms.
Julian Shapiro-Barnum is known for his conversations with kids on his series "Recess Therapy." He tells "CBS Mornings" why he thinks adults need to act more childish and embrace some behaviors of children.
Isla Fisher gives an inside look at the new film, "Spa Weekend," how it highlights the importance of female friendships and how the star-studded cast connected.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
OpenAI is launching a newer version of its teen-friendly ChatGPT platform. Rebecca Bellan, a senior reporter for TechCrunch, joins with more details on its tools.
Communities across the U.S. are grappling with data center development projects. Matthew Mehalik, the Breathe Project executive director, joins CBS News after Pennsylvania Gov. Josh Shapiro placed guardrails on data center development for his state.
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.
OpenAI has launched a chatbot marketed for teens that the company says will provide stronger protections as concerns over AI safety increase. Axios Chief Technology Correspondent Ina Fried joins "The Takeout" to discuss.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
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.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Federal officers found a moving pillowcase in a car that was seized at the U.S.-Mexico border. A collection of stolen exotic reptiles was inside.
Duane "Keffe D" Davis, who is accused of orchestrating the 1996 murder of Tupac Shakur, is back in court for the third day of his trial as more details emerge on the potential motive behind the fatal shooting. CBS News' Katrina Kaufman has more.
Police are searching for a man accused of wearing a Chucky-style mask and chasing people in Philadelphia. Lilia Luciano spoke with a woman who said she fought back against him.
Prosecutors in Charlie Kirk's killing pointed to an engraved bullet, arguing that its inscription shows Kirk was targeted for how the defendant perceived his politics.
Meta is standing trial over claims that it intentionally designed its products to be addictive and therefore harmful to children. Lance Ulanoff, editor-at-large at TechRadar, joins "The Daily Report" to discuss.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
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.
The Perseid meteor shower is the best viewing all year, according to NASA.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Florida and Alaska both held primaries with national implications on Tuesday. CBS News' Zak Hudak and Anthony Salvanto break down what we learned from the results.
Lyme disease is rapidly emerging in southern Appalachia, the CDC said in a new report. In 2025, Dr. Jon LaPook, on assignment for 60 Minutes, met a team of scientists on Nantucket who are using genetic engineering to fight the spread of the disease.
President Trump took questions from reporters on North Korea, Canadian tariffs, Iran and more. Plus, CBS News' Eleanor Watson has the latest headlines on the war in Iran.
Texans and bipartisan lawmakers are pushing back against a U.S. Customs and Border Protection plan to build a border wall at Big Bend National Park. In reaction, CBP has temporarily paused construction. CBS News' Nicole Sganga has the latest.
Mexico is angry with the Trump administration's move to deport Mexican migrants to other countries, CBS News' Camilo Montoya-Galvez reports.