Is the Federal Reserve likely to cut interest rates in December?
The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs.
Federal Reserve
Nvidia's Q3 earnings higher than expected
Nvidia's latest earnings report came in Wednesday, and its results were higher than Wall Street expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
Government shutdown may impact Fed decision
The government shutdown impacted key economic data reports that the Federal Reserve uses to determine a potential interest rate cut. CBS MoneyWatch correspondent Kelly O'Grady reports.
Impacts of the Fed interest rate cut
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what that means for consumers.
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Why the Fed cut interest rates again
The Federal Reserve on Wednesday cut interest rates for the second consecutive time despite inflation remaining above its target rate. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Fed cuts rates by 0.25 percentage points amid a weaker labor market
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
Fed announces another interest rate cut
The Federal Reserve announced Wednesday that it will lower its benchmark interest rate by 0.25 percentage points in its second straight cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Fed expected to cut interest rates
The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.
Here's what to expect from the Fed's interest rate meeting today
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Federal Reserve likely to cut interest rates
The Federal Reserve is expected to announce an interest rate cut decision during its meeting on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Inflation moving away from Fed's target
A key inflation report compiled before the start of the government shutdown showed that prices continued to climb last month as consumer confidence fell. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Investors celebrate September inflation data
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
Fed Chair Jerome Powell says a hiring slowdown poses U.S. economic risks
Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year.
Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Major cases of the new Supreme Court term
The Supreme Court began a new term on Monday, with presidential powers looming large on the docket. CBS News chief legal correspondent Jan Crawford joins to preview the key cases the justices will hear.
Supreme Court to weigh firing of Lisa Cook
The Supreme Court has added another blockbuster case to its new term of cases. The court announced it would hear whether President Trump can legally fire Federal Reserve Governor Lisa Cook. Jessica Levinson has more.
History and impact of government shutdowns
The U.S. government has just hours before it runs out of funding and shuts down. While down-to-the-wire government funding negotiations are not unusual, an actual shutdown is less common. CBS News explores the history, Kelly O'Grady has the economic impact and Kris Van Cleave reports on the travel implications.
Reporter's Notebook: Protecting Fed's independence
In a recent survey of U.S. chief executives, 80% said in pressuring the Fed to cut rates, President Trump is not acting in America's long-term interest. "CBS Evening News" co-anchor John Dickerson explains.
Here are the 3 biggest ways the Fed's rate cut could impact your money
The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know.
Trump asks Supreme Court to allow Cook firing
The Trump administration has asked the Supreme Court to allow the president to fire Lisa Cook from the Federal Reserve Board of Governors. CBS News' Kelly O'Grady reports.
How the interest rate impacts Americans
The Federal Reserve's latest decision to implement a cut to its benchmark interest rate comes after lagging job growth. Allie Kelly, a reporter for Business Insider, joins CBS News with more on the impact on America's economy.
How the Fed's rate cut will impact you
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday. It's the first rate cut this year. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what it means and what to expect next.
How significant is the Fed's latest rate cut?
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Trump official refers New York AG Letitia James for prosecution again
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago.
Live
White House says Trump will "unleash hell" if Iran doesn't make deal
White House press secretary Karoline Leavitt said talks between Washington and Tehran were ongoing, hours after Iran's state media said the regime rejected proosals by the Trump administration.
Meta and YouTube found liable on all charges in social media trial
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
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.
Senate funding deal stalls as DHS shutdown grinds on
A potential deal to end the DHS shutdown has stalled on Capitol Hill after Senate Democrats made their latest counteroffer.
Exclusive
White House turns down Elon Musk's offer to pay TSA workers during DHS shutdown
In a post on X Saturday, Musk offered to pay the salaries of TSA workers during the DHS shutdown.
Exclusive
DHS watchdog warned of risks in airport shoes-off policy. The report got buried.
An internal watchdog report in the Department of Homeland Security identified serious vulnerabilities in TSA's screenings at airports nationwide.
DOJ reaches financial settlement with Michael Flynn
Former Trump national security official and right-wing activist Michael Flynn sued the Justice Department for $50 million, alleging wrongful prosecution during the first Trump administration.
LaGuardia pilots have complained about close calls for years: "Do something"
CBS News reviewed dozens of reports dating back three decades about New York's LaGuardia Airport.
U.S.
More U.S.
Wreckage of crashed Air Canada plane being cleared from LaGuardia Airport runway
Since Monday, much of the wreckage had remained on the tarmac, blocking access to one of LaGuardia's two runways at one of the country's busiest airports.
FEMA resumes disaster mitigation program following judge's order
FEMA will make $1 billion available for the BRIC program, which helps local governments harden against natural hazards like fires, floods, earthquakes and hurricanes.
Twin Cities residents missed work, school during Operation Metro Surge, survey finds
A survey of Minneapolis and St. Paul residents found the deployment of thousands of federal agents to their cities caused significant upheaval to their lives.
USPS to add temporary fuel surcharge for some postage prices
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
Exclusive
White House turns down Elon Musk's offer to pay TSA workers during DHS shutdown
In a post on X Saturday, Musk offered to pay the salaries of TSA workers during the DHS shutdown.
MoneyWatch
More MoneyWatch
USPS to add temporary fuel surcharge for some postage prices
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
$100,000 in Social Security benefits? New proposal would cap them.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Trump waives summer gasoline regulations to ease fuel prices
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
Meta and YouTube found liable on all charges in social media trial
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
Record share of Americans carry credit card debt, can't pay off bills
About 111 million Americans are carrying credit card balances, a 17% increase in five years, new research shows.
Politics
More Politics
Trump says he doesn't call Iran conflict a "war" due to need for approval from Congress
President Trump suggested late Wednesday he's avoiding describing the military conflict with Iran as a "war" because of concerns around the fact that Congress hasn't authorized military force.
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.
FEMA resumes disaster mitigation program following judge's order
FEMA will make $1 billion available for the BRIC program, which helps local governments harden against natural hazards like fires, floods, earthquakes and hurricanes.
Trump official refers New York AG Letitia James for prosecution again
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago for two cases of possible homeowner's insurance fraud, sources told CBS News.
Twin Cities residents missed work, school during Operation Metro Surge, survey finds
A survey of Minneapolis and St. Paul residents found the deployment of thousands of federal agents to their cities caused significant upheaval to their lives.
HealthWatch
More HealthWatch
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.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Complex procedure saves officer with chest pain, heart condition
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
World
More World
Trump says he doesn't call Iran conflict a "war" due to need for approval from Congress
President Trump suggested late Wednesday he's avoiding describing the military conflict with Iran as a "war" because of concerns around the fact that Congress hasn't authorized military force.
As Iran blocks the Strait of Hormuz, it's borrowing from Ukraine's playbook
Trump says Iran's navy is "gone," so how does it still have a chokehold on the Strait of Hormuz? Part of the answer may lie off Ukraine's Black Sea coast.
El Paso and LA among most polluted U.S. cities in 2025, report says
El Paso, Texas, and Los Angeles, California, had some of the worst air pollution in the U.S. last year, according to a new report.
Iranians who hoped war would bring change now say they feel "doomed"
Some Iranians who'd hoped for regime change say the realities of the U.S. and Israel's war have been a "rude awakening," and they just want it to stop.
2 NATO allies report drone impacts as Ukraine and Russia traded attacks
NATO members Estonia and Latvia say stray drones hit their territory amid one of Moscow's biggest assaults on Ukraine.
Entertainment
More Entertainment
Entertainment
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
"NCIS" star on show's 500th episode
Rocky Carroll, who has played the role of Director Leon Vance on "NCIS" for nearly two decades, joins to discuss the show's 500th episode, which aired Tuesday.
Rocky Carroll on major "NCIS" twist
(Alert: Spoilers ahead!) Actor Rocky Carroll, who has played beloved "NCIS" director Leon Vance for 18 season, talks with "CBS Mornings" about a shocking twist in the series in the show's 500th episode and what he would tell his younger self.
Makers of "The AI Doc" on tech's peril, promise
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
Patrick Ball on medical drama "The Pitt"
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
Technology
More Technology
Technology
New Mexico attorney general on win over Meta
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
Why regulating AI is so difficult
For years, governments have attempted to regulate new, emerging technologies on a global scale. Roland Fryer, a CBS News contributor and author of the Wall Street Journal op-ed "The Economics of Regulating AI," breaks it down.
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.
Breaking down verdict in social media trial
In a landmark social media trial, Meta and YouTube were found liable for creating products that led to addictive behavior. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Meta, YouTube found liable in addiction trial
A Los Angeles jury has found Meta and YouTube liable in a first-of-its-kind lawsuit that alleged the platforms knowingly made their services addictive and harmful to minors. CBS News contributor Jessica Levinson has more on the verdict.
Science
More Science
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Pit viper among new species discovered in cave in Cambodia
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
How a fun nature app aids science
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
Crime
More Crime
Crime
New video of Taylor Frankie Paul arrest
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Savannah Guthrie gives first interview since mom vanished: "It is unbearable"
Savannah Guthrie said her family is in agony as she made a tearful plea for someone "to do the right thing" nearly two months after Nancy Guthrie disappeared.
Wife of Hawaii doctor testifies at his trial
Arielle Konig testified that her husband, anesthesiologist Gerhardt Konig, attempted to stab her with a syringe, and when that failed she said he repeatedly bashed her head with a rock during a birthday hike one year ago. Gerhardt Konig has pleaded not guilty to the attempted murder of his wife. Matt Gutman reports.
Verdict in landmark trial against Meta
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
Cold case murder of K-9 officer's wife could hinge on dog's cause of death
Paul Kovacich's defense team contends that long-suppressed evidence debunks claims that he killed his dog weeks before his wife disappeared.
Space
More Space
Fireball captured on video as meteor streaks across Pacific Northwest sky
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
NASA to spend $20 billion on ambitious moon base
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
Artemis II back on launch pad for moon mission
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
Possible meteorite crashes into Houston area home, officials say
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Eileen Collins on breaking barriers in space
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
Latest Galleries
More Latest Galleries
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
3/25: The Takeout with Major Garrett
Long TSA lines continue continue across the country as DHS shutdown hits Day 40; White House says Trump will "unleash Hell" if Iran doesn't make a deal.
Doctor's nutrition tips for young athletes
As young athletes work to balance classes and competition, doctors are underscoring the need for proper hydration and nutrition. Gwen Baumgardner reports from Los Angeles, with updated guidelines about the water and carbs needed before taking the field.
Watch: Growing TSA lines around U.S.
Travelers around the country faced growing security lines on Wednesday as the partial government shutdown continued and TSA agents worked without pay.
Democrats flip district that includes Mar-a-Lago
In a Florida special election on Tuesday, Democrats flipped a state House seat in a district that includes President Trump's Mar-a-Lago estate. Political strategists Kendra Barkoff Lamy and Doug Heye join "The Takeout" with analysis.
Former DOJ workers accuse Trump of degrading department
Since President Trump took office for a second time, the Justice Department has undergone significant changes. Former DOJ litigator Stacey Young, founder and executive director of Justice Connection, joins "The Takeout" to discuss her organization's efforts to reform the Department.