Stocks rise after Fed acknowledges "disinflationary process"
"We will need substantially more evidence to be confident that inflation is on ... downward path," said Fed Chair Jerome Powell
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"We will need substantially more evidence to be confident that inflation is on ... downward path," said Fed Chair Jerome Powell
An estimated 500K workers, from teachers to train drivers, are demanding better pay and work conditions amid soaring inflation exacerbated by Brexit.
Teachers, train drivers, civil servants and college lecturers are on strike in parts of the United Kingdom today as workers continue to call for better pay. CBS News senior foreign correspondent Holly Williams joins Anne-Marie Green on "CBS News Mornings" to discuss the impact.
Isla Bryson was convicted of raping two women before starting to transition. One top U.K. politician says the "dangerous rapist should not be in a women's prison."
The Klein Hollandia sank after its commander was killed in action and British sailors came aboard.
A detective said the case shows, "while not all individuals have the means to act upon their words, in the online space, they can easily spread to inspire others who do."
"We have to prepare for more painful stories as we confront the issues that we face," the head of London's police force warned as new sexual offenses came to light.
This is the second set of historic remains to be found in the area in two months, officials said.
This is the second time in two years that the Brunt Ice Shelf has had a major break-off.
Still only 4 years old, Teddy could count to 100 before he turned 2. Now he can do it in seven different languages.
Still only 4 years old, Teddy Hobbs could count to 100 before he turned 2. Now he can do it in seven languages. CBS News' Ian Lee has the story of the youngest Mensa member in Britain.
Thousands of nurses are on strike across the United Kingdom. The two-day walkout comes as Britain struggles with an already overburdened health care system. BBC correspondent Sean Dilley joins CBS News and spoke with an American doctor currently working in the U.K. about the strike.
Key health and transport workers, driving instructors, bus drivers and postal workers have all gone on strike in recent months in a standoff with the government.
The proposed legislation would outlaw "conversion" practices targeting people based on their sexuality or gender, officials said Tuesday.
Two beavers named Hazel and Chompy have been released on a mission to help local ecosystems – and even fight climate change.
One reparations expert says the royal family knows exactly "what it will mean to actually apologize" for being "heavily involved" in the slave trade.
The Metropolitan Police said it was "truly sorry" for missing opportunities to get officer David Carrick off the force during his 18-years as sexual predator in uniform.
The British GDP grew slightly in the month of November, beating expectations from economists. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Anne-Marie Green to discuss what the numbers mean, as well as the impact of loosened travel restrictions for China's economy.
The actor is facing a total of 11 sexual assault charges in the United Kingdom, where he served for years as the artistic director of a London theater.
Prince Harry discusses explosive allegations about the royal family from his new memoir, "Spare," in an interview with ITV. Watch "Harry: The Interview" at 8 p.m. ET on Saturday, Jan. 14 on CBS.
"People are waiting longer because we can't get to them. It's a lack of capacity in every department," said one ambulance worker.
The first satellite mission launched from U.K, soil failed on Monday night. Officials said the Virgin Orbit rocket launched as planned, but an "anomaly" happed just before it reached orbit. CBS News foreign correspondent Charlie D'Agata explains why the launch is still being considered a success for Britain's space agency.
After weeks of headline-grabbing leaks and TV interviews, Prince Harry's tell-all memoir, "Spare," is finally on bookshelves worldwide. As CBS News correspondent Holly Williams reports, the book is full of startling revelations and bombshell allegations regarding Harry's brother William, his father King Charles, and the U.K. tabloid media.
The U.K. government will announce its plan to ban some single-use plastic products, mostly items used for takeout food and drinks, this weekend, CBS News has confirmed.
Rotten's current band, Public Image Ltd, will be among six acts battling it out in a TV special to represent Ireland in the European song contest.
The new fund to provide payouts to those who say the legal system was "weaponized" against them raised immediate questions about its legality, implementation and enforcement.
Iran says it's considering the latest U.S. peace offer, as President Trump says he's willing to wait "a couple of days" for a response.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
In his application letter, attorney Mike Howell proposed organizing a national gathering of "thousands of victims of weaponization," including those involved in the Capitol riot.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
An Air France flight from Paris to Detroit, Michigan, was forced to divert to Montreal, Canada, on Wednesday due to U.S. flight restrictions linked to the Ebola outbreak.
New fraud charges were unsealed Wednesday against a Minnesota daycare owner who federal prosecutors allege tried to flee the country just two days after shutting the center down.
A former federal prosecutor was charged this week with emailing herself a report on the Justice Department's investigation into President Trump that a judge had kept under lock and key, under the file name "Bundt_Cake_Recipe.pdf."
A Democratic House candidate in Texas is facing widespread condemnation and accusations of antisemitism from her own party.
Lee Mendelson Film Productions alleges the U.S. Department of the Interior illegally used the jazzy tunes in social media posts and a video game.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
The new fund to provide payouts to those who say the legal system was "weaponized" against them raised immediate questions about its legality, implementation and enforcement.
Americans are expected to wager more than $3 billion amid the expansion of legalized sports betting in the U.S.
Retirees say inflation, health care costs and market volatility are threatening their financial security.
A record 274 climbers scaled the Nepal side of Mount Everest in a single day, officials said. They took advantage of clear weather.
Americans are expected to wager more than $3 billion amid the expansion of legalized sports betting in the U.S.
Retirees say inflation, health care costs and market volatility are threatening their financial security.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
The new fund to provide payouts to those who say the legal system was "weaponized" against them raised immediate questions about its legality, implementation and enforcement.
The central committee of the Colorado Democratic Party on Wednesday voted 89.8% in favor of a measure to censure Gov. Jared Polis.
A Democratic House candidate in Texas is facing widespread condemnation and accusations of antisemitism from her own party.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
In his application letter, attorney Mike Howell proposed organizing a national gathering of "thousands of victims of weaponization," including those involved in the Jan. 6, 2021, Capitol riot.
Vanessa Trump announced on Instagram that she has been diagnosed with breast cancer and is working with her doctors on a treatment plan.
Noah Wyle, who stars in HBO's "The Pitt," joins "CBS Mornings" with Dr. Elisabeth Potter to discuss their push to improve mental health and quality of life for healthcare workers.
A CBS News medical correspondent and doctor says her "biggest concern for the World Cup is actually measles. It's not hantavirus, it is not Ebola."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
A record 274 climbers scaled the Nepal side of Mount Everest in a single day, officials said. They took advantage of clear weather.
Iran says it's considering the latest U.S. peace offer, as President Trump says he's willing to wait "a couple of days" for a response.
An Air France flight from Paris to Detroit was forced to divert to Montreal due to U.S. flight restrictions linked to the Ebola outbreak.
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
The Russian jets intercepted the U.K. aircraft with one jet flying as close as 19 feet to the British plane's nose, officials said.
Lee Mendelson Film Productions alleges the U.S. Department of the Interior illegally used the jazzy tunes in social media posts and a video game.
"The Late Show" host Stephen Colbert is marking the end of an iconic late-night franchise on CBS.
Comedian and media mogul Byron Allen brings "Comics Unleashed" to CBS's late night slot, replacing "The Late Show With Stephen Colbert."
Ahead of the premiere of "The Late Show" in August 1993, host David Letterman sat down with "CBS This Morning" to discuss his break from his previous late night show, what viewers could expect from his CBS debut and more.
Comedian and media mogul Byron Allen sits down with "CBS Mornings" to discuss his show "Comics Unleashed" and its transition into the CBS late night spot.
Cementing its status as the world's most valuable company, Nvidia reported record revenue in its latest earnings report. Britney Nguyen, Nvidia and chips reporter at MarketWatch, joins with analysis.
Artificial intelligence is prompting Google to change its iconic search bar for the first time in more than 25 years. Mashable tech editor Tim Werth joins CBS News to discuss.
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.
The Defense Department says it wants to be "AI-first," but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
New fraud charges were unsealed Wednesday against a Minnesota daycare owner who federal prosecutors allege tried to flee the country just two days after shutting the center down.
A social media influencer and her father are accused of plotting to kill her famous singer ex, amid a bitter years-long custody dispute, court documents show. Jonathan Vigliotti is following the case.
Acting Attorney General Todd Blanche announced murder and conspiracy charges Wednesday against former Cuban leader Raúl Castro and five others over the downing of two planes in 1996.
Larry Bushart, who spent 37 days in jail over his Facebook post about the assassination of conservative activist Charlie Kirk, will get $835,000 to settle a lawsuit against Tennessee officials. CBS News' Shanelle Kaul reports.
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Cheyenne Hunt, the founder of Reckoning Action, an organization that confronts misogyny in America by pushing for legislative changes and supporting abuse survivors, speaks to CBS News' Nancy Cordes about her mission to combat gender bias.
ALL NEW: Scared of their own mother. Why the children of convicted killer Kouri Richins want her to stay behind bars. "48 Hours" correspondent Natalie Morales reports Saturday, May 23 at 10/9c* on CBS and streaming on Paramount+. [Airs following the WNBA on CBS)
In a historic move, Harvard University faculty members have voted to limit the number of "A" grades given to undergraduates to curb rising grade inflation. Axios Boston reporter Mike Deehan joins "The Daily Report" with more.
Home Depot, Target, Lowes and TJ Maxx all beat expectations with their first quarter earnings and revenue reported on Wednesday. Target had their strongest gains in years. CBS News senior business and tech correspondent Jo Ling Kent has more.
President Trump said he does not think there will be any additional escalation following the Justice Department's indictment of former Cuban leader Raúl Castro. CBS News national correspondent Lilia Luciano breaks down the situation.