Despite cheery forecasts, economy still sputtering
The U.S. economic recovery may be more wobbly than it looks, some forecasters say
Federal Reserve
Rising inflation feeds the bond bears
A strong consumer price report justifies the recent increase in long-term Treasury yields, and more could be coming
Yellen: Jobs market better, but "not there yet"
The chair of the Federal Reserve says U.S. economy is still on the mend from the Great Recession
China stocks hit 7-year high, Europe muted ahead of Fed
U.S. stocks were poised to open higher, with Dow futures up 0.1 percent; broader S&P 500 futures edged less than 0.1 percent higher
Is the Fed backing away from a 2015 rate hike?
With the economy slowing, some investors think the central bank is edging away from raising interest rates this year
Fed minutes indicate June rate hike unlikely
Most central bank members are leaning against moving to raise interest rates next month, meeting account shows
Asia stocks gain on dollar strength, Europe down
Futures augured a tepid day for Wall Street. S&P 500 and Dow futures were both little changed
Where the signs are pointing to higher rates
Regardless of when the Fed finally moves, bond traders are boosting long-term rates -- and will likely keep doing so
What anemic retail sales mean for the Fed
April's surprise slowdown calls into question a rate hike anytime soon -- and other widely held assumptions
Buffett: Raising interest rates hard as Europe struggles
Says that raising U.S. rates now would make the dollar even stronger and hurt U.S. exports
Bernanke's Bad Example
By stepping down from the Fed and taking jobs in the private sector, he's helping undermine the central bank's independence
Noting slower growth, Fed keeps interest rates on hold
Central bank offers no indication on timing of monetary moves ahead
Stocks close lower as Fed confirms Q1 economic stall
Wall Street retreated on data and earnings -- and on the Federal Reserve's reading of the wobbly U.S. economy
All eyes on Fed for rate hike clues
Will Wednesday's Federal Reserve statement provide a clear sign about the timing of its first rate hike since 2006?
World markets mixed after Wall Street gains
On Wall Street, futures pointed to a higher open, with both Dow and S&P 500 futures up 0.2 percent
What Wall Street will be watching this week
Several readings -- which all play into the Fed's next policy announcement on Wednesday -- are key for investors
Dollar weakness is giving stocks new strength
A further pullback in the greenback could unleash commodities and precious metals -- and help boost equities to fresh highs
Are U.S. stocks too expensive?
The Dow has stalled near 18,000 on earnings and valuation concerns -- will corporate buybacks turn the tide?
Why stocks got slammed (but should soar again)
While investors took cover Friday, signs that the Fed will delay raising interest rates is likely to boost markets
What is pushing stocks into a new uptrend?
After a long funk, financial markets are starting to perk up -- here's what has the bulls snorting again
U.S. economy still struggling to gain traction
But most parts of the country are growing at a moderate pace, according to the Central Bank
Lingering concerns keep the Fed on hold
The latest meeting minutes show how lackluster data, low inflation and poor wage growth again lead to delayed rate hikes
Stocks mildly higher after Fed release
Wall Street takes latest central-bank minutes in stride while applauding large deal in the energy sector
Fed official's rate hike signal buoys markets
Futures augured a positive start to Wall Street's session: Both Dow and broader S&P 500 futures were up 0.2 percent
Stocks bounce on hopes Fed will delay rate hike
Traders return from a long weekend optimistic that a weak jobs report will slow the Fed's policy tightening
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.
Bidens spending last Thanksgiving as president on Nantucket
"Whatever bumps and bruises we were suffering, we put it all aside and celebrated Thanksgiving in Nantucket," President Biden wrote in his 2017 book "Promise Me, Dad."
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.
Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
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.
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.
Alabama A&M says player is stable, hours after announcing his death
Linebacker Medrick Burnett Jr. sustained a head injury in an October game against Alabama State and has been hospitalized since.
Stowaway caught after getting aboard Delta flight from NYC 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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Taylor Swift's Eras Tour book hits stores Friday. Here's what to know.
Taylor Swift's Eras Tour book goes on sale Friday. Here's the only place to buy it, how much it costs and what you'll get.
Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
Alabama A&M says player is stable, hours after announcing his death
Linebacker Medrick Burnett Jr. sustained a head injury in an October game against Alabama State and has been hospitalized since.
How to navigate tough conversations at the Thanksgiving table
A seventh grade media literacy class in New York is learning how to have difficult but empathetic questions as they combat misinformation.
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.
MoneyWatch
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Taylor Swift's Eras Tour book hits stores Friday. Here's what to know.
Taylor Swift's Eras Tour book goes on sale Friday. Here's the only place to buy it, how much it costs and what you'll get.
Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
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.
Politics
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A look at Trump's campaign promise to recognize North Carolina's Lumbee Tribe
Then-candidate Donald Trump in September promised that he would sign legislation to grant federal recognition to the Lumbee Tribe.
Bidens spending last Thanksgiving as president on Nantucket, a family tradition
"Whatever bumps and bruises we were suffering, we put it all aside and celebrated Thanksgiving in Nantucket," President Biden wrote in his 2017 book "Promise Me, Dad."
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.
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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Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
Doctor suspected of killing 8 patients: "Lust for murder"
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
Tennis star Iga Swiatek gets one-month suspension in doping case
Iga Swiatek is a 23-year-old from Poland who was ranked No. 1 most of the past two seasons but is now at No. 2.
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.
Entertainment
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Taylor Swift's Eras Tour book hits stores Friday. Here's what to know.
Taylor Swift's Eras Tour book goes on sale Friday. Here's the only place to buy it, how much it costs and what you'll get.
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.
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
More Crime
Doctor suspected of killing 8 patients: "Lust for murder"
"The accused appears to have had no motive for killing the people other than the act of killing itself," prosecutors said.
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.
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
Giving thanks for a special home in America
This Thanksgiving, CBS News New York's Jessi Mitchell introduces us to a family who is spending their holiday giving thanks to not only their family, but the special place they call home.
Inside the real history of Thanksgiving
Historian Kenneth C. Davis, the bestselling author of "Don't Know Much About History" and "The World in Books," joined "CBS Mornings Plus" to discuss the history behind Thanksgiving and some of the traditions that go along with the holiday.
"Mornings Memory": Harvesting cranberries
Thanksgiving isn't complete without a side of cranberries, but it's pretty tough work to harvest them. That's what a CBS News crew discovered on this day in 2002.
Pro Volleyball Federation's Whitney Bower
Atlanta Vibe setter Whitney Bower, 23, joined "CBS Mornings Plus" to discuss the upcoming second season of the Pro Volleyball Federation and the draft of collegiate players held earlier this week.
Trump memorandum of understanding with DOJ
Officials with the Biden administration said Tuesday that President-elect Donald Trump's transition team has yet to agree to terms on a memorandum of understanding with the Justice Department, which will allow for the processing of security clearance requests. CBS News national security contributor Samantha Vinograd has more.