The Federal Reserve's September cliffhanger
It seems to be leaning closer to the the fall as liftoff for the first rate hike since 2006, or will it delay yet again?
Federal Reserve
Fed: no change in monetary policy for now
Central bank says labor market continues to improve, sees two rate hikes as likely in 2015
Stocks end higher after Fed keeps interest rates unchanged
Northrop Grumman led defense companies higher after it reported strong earnings and raised its outlook for the year
Global stocks rise ahead of Fed
Wall Street was set to rise, with S&P 500 and Dow futures each 0.3 percent higher
U.S. home prices rose in May, lifted by strong sales
Increased hiring means more people can afford to own instead of renting, with costs rising as supply tightens, figures show
U.S. stocks drop after China slide on growth concerns
Wall Street begins the week in the red, with blue chips off triple digits, after Shanghai index declines more than 8 percent
U.S. stocks swoon for fourth day as commodities hit
Worst week since January for blue chips as crude-oil prices enter bear market and corporate earnings disappoint
The Federal Reserve will raise interest rates, Netflix adds subscribers, Obama pushes for high-speed Internet in low-income areas and more
CBS News' Jill Wagner has today's CBSN business headlines: The Federal Reserve will raise interest rates, Netflix adds subscribers, Obama pushes for high-speed Internet in low-income areas and more.
Fed's Yellen reiterates rate hike likely this year
The central bank projects further improvements in the U.S. labor market and economy as it looks to tighten monetary policy in 2015
5 questions Janet Yellen can expect from Congress
Lawmakers will be grilling the Fed chair this week, and investors everywhere will be listening closely to her answers
Yellen sticks to script: rate hikes expected in 2015
Head of the Federal Reserve says she expects central bank to make a move later this year, but reiterates pace will be gradual
Fed fretted in June about Greece impact on U.S.
The Greek government's debt crisis could lead Federal Reserve officials to hold off in raising interest rates
Global stocks down after Fed forecast cut
Wall Street looked set for a positive start: S&P 500 futures were up 0.2 percent, while Dow futures rose 0.3 percent
No Fed surprise now, but prepare for drama ahead
Wall Street may have shrugged on Wednesday, but when the Fed finally hikes -- this year sometime -- it could be different
Fed still not ready to raise interest rates
Despite ratcheting down growth forecast for the year, Fed remains on course for a 2015 hike
Texas wants its gold back from the feds
Many in the The Lone Star State have long talked of secession, and a new law could make creating a currency and independent economy easier
Is the Fed about to raise interest rates?
All eyes will be on Fed Chair Janet Yellen today, as the central bank offers its latest readout on the U.S. economy
World stock markets mostly rise before Fed statement
Wall Street looked set for gains, with futures for the Dow up 0.2 percent and S&P futures up 0.1 percent
June 16, 2015: A look at CBSN's business headlines
Investors are eyeing the Fed, an iconic American store is shuttering a quarter of its stores and Chipotle aims for the perfect tortilla
Global stock markets sag as jitters mount over Greece
U.S. shares were set to fall, with S&P 500 and Dow futures 0.3 percent lower
Should the Federal Reserve raise interest rates?
Apply the brakes too soon and the U.S. economy could end up in a ditch; coast too long and risk spinning out of control
Why the hot job market is scaring investors
Bears are gaining strength as labor gains weaken the case for the Fed keeping a lid on interest rates
IMF: Fed should delay interest rate hike to 2016
IMF: "Momentum was sapped in recent months by a series of negative shocks," including a harsh winter and a strong dollar
Bank CEO warns of job cuts if interest rates don't move
Low interest rates affect a key profitability measure for banks: Net interest margin, and the interest they pay depositors and other lenders
Global markets mixed on Greece jitters, Fed
Futures augured a tepid start for Wall Street: S&P 500 and Dow futures edged up slightly
Israel and Hezbollah both claiming ceasefire violations on Day 2
Less than two full days into a ceasefire, Israel's military and Hezbollah were both claiming isolated breaches of the deal.
Trump says Mexican leader agrees to "effectively closing" southern border
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
1,400 tons of drugs, "narco subs" found on new Pacific trafficking route
More than 400 people were arrested in the operation targeting oceans, coasts, rivers and ports around the globe in October and November.
What businesses are open and closed on Thanksgiving Day?
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
This House seats is still undecided more than 3 weeks after Election Day
CBS News projects Republicans will hold onto control of the House, although the majority will be slim.
Chilling details emerge after Montana camper's brutal murder
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
3 Americans held for years in China released and back in U.S.
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Former TV host Charlie Rose settles sexual harassment lawsuit
In settling, the three plaintiffs said they assign no "ill intent" to Rose and realize now that his conduct could be subject to interpretation.
Stowaway caught after getting aboard Delta flight from New York City to Paris
The woman boarded Delta Flight No. 264 from John F. Kennedy International Airport to Paris Charles de Gaulle Airport, CBS News learned. She was discovered while the plane was in midair and was taken into custody in Paris.
U.S.
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Former TV host Charlie Rose settles sexual harassment lawsuit
In settling, the three plaintiffs said they assign no "ill intent" to Rose and realize now that his conduct could be subject to interpretation.
New Mexico man awarded $412 million for botched penile injections
The man's attorneys said the punitive and compensatory damages total the largest amount to ever be awarded by a jury in a medical malpractice case in the U.S.
Trump says Mexican leader agrees to "effectively closing" southern border
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
What businesses are open and closed on Thanksgiving Day?
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
Zuckerberg meets with Trump at Mar-a-Lago
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
MoneyWatch
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What businesses are open and closed on Thanksgiving Day?
Need to shop on Thanksgiving? Here's what stores, restaurants, and other businesses are open and closed on Turkey Day.
Has tipping reached a tipping point?
A November 2023 survey from the Pew Research Center found that 72% of people think tipping is expected in more places than it was five years ago.
How Trump's economic agenda could affect mortgage rates in 2025
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.
Trump tariffs on Canada imports could bring sharply higher gas prices
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say.
What's hot in kids toys this holiday season — and what to avoid
Consumers are expected to open their wallets this holiday season, with these children's toys high on the list.
Politics
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Trump says Mexican leader agrees to "effectively closing" southern border
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Zuckerberg meets with Trump at Mar-a-Lago
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Ex-Sen. Bob Menendez seeks new trial
Former Sen. Bob Menendez, a Democrat from New Jersey, was convicted of 16 felony counts in July.
Trump taps retired Gen. Keith Kellogg for Ukraine envoy
Keith Kellogg, a retired lieutenant general, served as national security adviser to former Vice President Mike Pence.
Trump team says threats, swatting incidents against multiple Cabinet picks being investigated
President Biden has been briefed on the incidents and "unequivocally" condemns threats of political violence, the White House said.
HealthWatch
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New Mexico man awarded $412 million for botched penile injections
The man's attorneys said the punitive and compensatory damages total the largest amount to ever be awarded by a jury in a medical malpractice case in the U.S.
Why does eating turkey make you sleepy? Thanksgiving fatigue, explained.
Tired from your Thanksgiving feast? You're not alone. But is it the tryptophan in turkey that leads to our food comas? Here's what experts say.
Thanksgiving foods cats and dogs can (and can't) eat
Can cats and dogs eat turkey and other Thanksgiving foods? Here's what experts say about what is safe and not.
A toddler got a nasal swab test. So why was the bill $445?
An Illinois mom got stuck with a big bill after taking her 3-year-old to the ER but never seeing a doctor. "It's mind-blowing," she said.
Why we eat turkey on Thanksgiving, according to history
Why is Thanksgiving traditionally associated with turkey and other specific foods? We asked a history expert why we eat what we do on the holiday.
World
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Israel and Hezbollah both claiming ceasefire violations on Day 2
Less than two full days into a ceasefire, Israel's military and Hezbollah were both claiming isolated breaches of the deal.
1,400 tons of drugs, "narco subs" found on new Pacific trafficking route
More than 400 people were arrested in the operation targeting oceans, coasts, rivers and ports around the globe in October and November.
Trump says Mexican leader agrees to "effectively closing" southern border
Trump's claims President Claudia Sheinbaum "agreed to stop migration through Mexico." She says she "explained" what Mexico was already doing.
Russia bombs Ukraine's energy sector as temperatures plummet
Ukraine's Zelenskyy says Russian "tactics of terror" are clear with the latest massive attack on energy infrastructure as temperatures plummet.
Stowaway caught after getting aboard Delta flight from New York City to Paris
The woman boarded Delta Flight No. 264 from John F. Kennedy International Airport to Paris Charles de Gaulle Airport, CBS News learned. She was discovered while the plane was in midair and was taken into custody in Paris.
Entertainment
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Former TV host Charlie Rose settles sexual harassment lawsuit
In settling, the three plaintiffs said they assign no "ill intent" to Rose and realize now that his conduct could be subject to interpretation.
Sean "Diddy" Combs denied bail again ahead of sex trafficking trial
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Grateful Dead remembers band member Phil Lesh
Members of the iconic band, the Grateful Dead, reflected on the impact bandmate Phil Lesh had on their lives and said they had hoped to play together again.
Grateful Dead bandmates remember Phil Lesh
Iconic band The Grateful Dead, is remembering one of the band's original members, Phil Lesh, who died in October at 84 years old. The surviving original members of the band credit Lesh for the impact he made in each of their lives and revealed they were hoping to play together one more time.
Harvey Weinstein accuses Rikers Island of substandard medical treatment
Harvey Weinstein's lawyers filed a legal claim alleging that he is receiving substandard medical treatment in unhygienic conditions while in custody at Rikers Island.
Technology
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Zuckerberg meets with Trump at Mar-a-Lago
The tech CEO has been seeking to change his company's perception on the right following a rocky relationship with President-elect Donald Trump.
Australian parliament approves law to ban under-16s from social media
Australia's full legislature has now passed a bill that will soon ban children under the age of 16 from using most social media platforms.
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.
AI grandma tool helps fend off phone scams
British phone company Virgin Media O2 has developed an AI-generated grandmother to talk to scammers all day and waste their time so you don't have to. CBS News Confirmed executive producer Melissa Mahtani has more on the "grandma" and how you can protect yourself from phone scams.
Starbucks impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Science
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NASA shows off image of U.S. military's abandoned "city under the ice"
Scientists now have a clearer picture of Camp Century, an abandoned U.S. military base long hidden under the ice in Greenland, thanks to a NASA research team's good luck.
Divided U.N. negotiations for plastic treaty
Negotiators are far apart as the United Nations tries to work out the world's first treaty to curb plastic pollution. Issues creating roadblocks include limiting new manufacturing of plastic and the potential phasing out of some chemicals. For more on the talks, CBS News was joined by Erin Simon, vice president and head of plastic waste and business for the World Wildlife Fund in the U.S.
Honolulu hopes to identify long-unclaimed bodies with advanced DNA testing
Forensic pathologists hope advanced DNA testing technology will enable them to attach names to all the unidentified people at the Honolulu Medical Examiner's Office.
Dishing up space food
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Crime
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Chilling details emerge after Montana camper's brutal murder
Dustin Kjersem's death was initially reported as a bear attack after his girlfriend found his body in a tent on Oct. 12.
1,400 tons of drugs, "narco subs" found on new Pacific trafficking route
More than 400 people were arrested in the operation targeting oceans, coasts, rivers and ports around the globe in October and November.
Sean "Diddy" Combs denied bail again ahead of sex trafficking trial
Sean "Diddy" Combs' lawyers again asked the rapper be released on bond ahead of his trial, but the request was denied.
Accused "Pink Panthers" member among 11 nabbed in cocaine bust
Police in the Balkans arrested 11 alleged members of a criminal syndicate responsible for smuggling cocaine from South America to Europe, officials said.
Bombing suspect on most wanted list arrested
Daniel Andreas San Diego, a suspect in in two 2003 northern California bombings, was arrested in the U.K. this week. San Diego, who had been one of the FBI's most wanted terror suspects, now faces extradition.
Space
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Webb telescope captures stunning new image of the "Sombrero galaxy"
The Sombrero galaxy, named for its resemblance to the Mexican hat, is about 30 million light-years from Earth.
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
"The Dish: Recipe" - Leftover turkey sandwich
This Thanksgiving, we're sharing a recipe to use up your leftover turkey. Our friends at New York Times Cooking bring us a turkey sandwich with savory blueberry jam. It comes together in under an hour and involves a delicious homemade jam that's sweet, salty and tart.
Tips for Thanksgiving, Black Friday shoppers
CBS News' Nancy Chen has some information you should know if you're hitting the stores or clicking away online as the holiday shopping season hits its peak.
Previewing the NFL's Thanksgiving Day games
The Detroit Lions are looking for the 11th win of their dream season Thursday afternoon when they take on the Chicago Bears. NFL insider Jonathan Jones has a breakdown of that game and the league's other Thanksgiving Day matchups.
Macy's Thanksgiving Day Parade preview
The Macy's Thanksgiving Day Parade may include rainy and cold weather as millions of Americans prepare for severe conditions for the holiday. CBS News' Bradley Blackburn reports.
U.S. cranberry farmers enduring major drought
A record-breaking drought in the Northeast has already taken a financial toll on cranberry farmers. CBS News' Elaine Quijano visited a cranberry farm in New Jersey where one man is fighting to protect his family's legacy.