Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Federal Reserve
Judge hears arguments on Lisa Cook's firing
A judge heard from both parties involved in a lawsuit concerning Lisa Cook's attempted firing by the Trump administration from the Federal Reserve Board of Governors. CBS News' Scott MacFarlane reports.
Trump administration's latest firings
Current and former Centers for Disease Control and Prevention workers protested changes at the federal agency as a judge receives Lisa Cook's lawsuit protesting President Trump's attempt to fire her from the Federal Reserve Board of Governors. CBS News' Skyler Henry and Natalie Brand report.
Lisa Cook sues to block Trump firing
Federal Reserve Governor Lisa Cook has filed a lawsuit against President Trump's attempt to fire her. CBS News' Natalie Brand has the latest.
Kyla Scanlon on Trump move to fire Fed governor
Economic commentator and New York Times bestselling author Kyla Scanlon joins CBS News to discuss President Trump's plan to fire Federal Reserve Governor Lisa Cook and Nvidia's upcoming earnings report.
Markets remain steady amid Trump's Fed clash
President Trump said he fired Federal Reserve Gov. Lisa Cook on social media, but Cook said she is not resigning. Despite Mr. Trump's announcement, stock markets appear unaffected by the news. CBS News' Ed O'Keefe and business journalist Kristin Myers have more details.
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Trump moves to fire Fed's Lisa Cook as she vows to sue
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.
Trump clashes with Fed board member Lisa Cook
A standoff is brewing between President Trump and economist Lisa Cook. Mr. Trump tried to fire her, claiming "there is sufficient cause" to believe that Cook made false statements on one or more mortgage agreements. Cook fired back that "President Trump has no authority to remove her" from the independent Federal Reserve and vowed to file suit. Nancy Cordes reports.
Questions about Trump move to fire Lisa Cook
President Trump has taken his fight with the Federal Reserve to another level, demanding the removal of one of the Central Bank's governors. Overnight, Trump posted an apparent termination letter online, saying that he removed Lisa Cook over allegations that she committed mortgage fraud. But there are questions about Mr. Trump's authority to remove Cook. CBS News' Aaron Navarro and Jo Ling Kent break the situation down.
New Federal Reserve statement on Trump, Cook
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Trump comments on Taylor Swift, takes questions
President Trump took questions on a host of issues following his Cabinet meeting Tuesday at the White House, speaking about the Federal Reserve, his crime crackdown in Washington, D.C., Taylor Swift and Travis Kelce's engagement and more.
Trump move to fire Fed governor: What we know
President Trump announced his firing of Federal Reserve Governor Lisa Cook on Monday following months of public attacks against the central bank. Cook and her attorney responded Tuesday saying the president has no legal basis for the move and that they plan to file a lawsuit challenging the firing. CBS News' Olivia Rinaldi and Jo Ling Kent have more.
Details on Trump's Fed firing
President Trump said he fired Fed Reserve Governor Lisa Cook in a social media post on Monday that included her apparent termination letter, where Mr. Trump alleges that Cook committed mortgage fraud. In response, Cook says no cause exists "under the law" for her firing. CBS News' Natalie Brand has more details.
Can Trump fire Fed Reserve Gov. Lisa Cook?
President Trump posted an apparent termination letter to Federal Reserve Governor Lisa Cook on social media Monday. Cook responded that she is not resigning from her post. CBS News' Ed O'Keefe has more details.
Trump says he fired Fed Reserve's Lisa Cook
President Trump said he fired Lisa Cook from the Federal Reserve's Board of Governors in a social media post on Monday, where he also shared an apparent termination letter. Cook says that she will not resign. CBS News Natalie Brand has the latest from the White House.
Trump says he's fired Fed Governor Lisa Cook
President Trump announced Monday that he's fired Federal Reserve Governor Lisa Cook after months of public attacks against the central bank. In a letter posted on social media, Trump accused Cook of making false statements on mortgage documents, actions he claimed were "gross negligence" and "potentially criminal."
The Fed's Powell is worried about the job market. Here are 3 red flags.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Author Jonathan Levy on U.S. economy outlook
Author and historian Jonathan Levy joins "The Takeout with Major Garrett" to discuss how his 2021 book "Ages of American Capitalism" has economic themes that have magnified in today's economy. He also dives into the history of the Federal Reserve, and shares how AI and cryptocurrency can impact the capitalism system as we know it.
Stocks skyrocket after Powell speech
Federal Reserve Chair Jerome Powell gave a speech that sent all three stock indexes soaring. Traders excavated clues of an interest rate coming. Archie Hall, U.S. economics editor for The Economist, joins "The Takeout" to discuss.
Dow Jones soars over 800 points
Investors reacted to a major speech from Federal Reserve Chair Jerome Powell, offering his strongest indication yet that interest rates may be coming. Paul La Monica, senior market analysis writer for Barron's, joins CBS News to discuss.
Trump calls on Fed governor to resign after mortgage fraud allegations
President Trump called on Fed Governor Lisa Cook to resign on Wednesday after one of his appointees accused her of mortgage fraud.
Powell signals potential interest rate cuts
Federal Reserve Chair Jerome Powell signalled a potential path to interest rate cuts in the future. Akin Oyedele, a deputy editor of newsletters at Business Insider, joins CBS News with more.
Fed Chair Jerome Powell signals path to rate cuts at Jackson Hole
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Stock futures tilt up ahead of Fed chief Jerome Powell's Jackson Hole speech
Investors will be closely eyeing Powell's speech in Jackson Hole on Friday to see if the Fed chair hints at a potential rate cut at the central bank's next meeting.
Live
Over 100 wounded in strikes on Israel; Trump threatens to "obliterate" Iran's power plants
President Trump on Saturday night threatened to "obliterate" Iran's power plants, starting with its largest one, if the Strait of Hormuz is not reopened within 48 hours.
Robert Mueller, former FBI director and special counsel, dies at 81
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Trump threatens to use ICE for airport security amid worsening delays
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
Iranian strikes on towns near Israel's main nuclear research center injure over 100
Iran struck two communities near Israel's main nuclear research center late Saturday, leaving at least 90 people wounded in the southern part of the country.
Cuba suffers second nationwide power outage in less than a week
Humanitarian organizations began delivering aid to Cuba by air Friday, including solar panels, food and medicine.
Senate blocks voting bill's amendment on trans athletes during weekend session
Democrats are expected to eventually block the broader legislation.
More than 230 rescued amid severe floods in Hawaii; more rain expected
Raging waters lifted homes and cars and prompted evacuation orders for 5,500 people north of Honolulu, though they were later lifted.
BTS kicks off global tour with South Korea concert
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
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.
U.S.
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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.
Couple on unusual activity at neighbor's home: "I think they finally killed him"
When Gary Herbst, described by his Minnesota neighbors as confrontational, disappeared on July 8, 2013, it appeared he walked out on his wife and teenage son. Years later, a startling discovery would confirm what neighbors thought they might have witnessed.
Senate blocks voting bill's amendment on trans athletes during weekend session
Democrats are expected to eventually block the broader legislation.
Robert Mueller, former FBI director and special counsel, dies at 81
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
The West's historic snow drought could bring water shortages, wildfires
The western United States experienced a severe snow drought this year, threatening the region's water supply and potentially setting the stage for its wildfire season.
MoneyWatch
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Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
CBS News Radio to shut down after nearly a century of broadcasting
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Getting ready to fly? Here are 3 ways to track TSA wait times.
Security lines are stretching up to 2 hours at some airports amid TSA staffing shortages. Here's how to check wait times before you leave.
Are the Trump administration's efforts to lower oil and gas prices working?
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Nearly 90,000 bottles of children's ibuprofen recalled across the U.S.
A pharmaceutical company issued the recall after receiving complaints of "gel-like mass and black particles" in the product, the FDA said.
Politics
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Senate blocks voting bill's amendment on trans athletes during weekend session
Democrats are expected to eventually block the broader legislation.
Robert Mueller, former FBI director and special counsel, dies at 81
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Trump threatens to use ICE for airport security amid worsening delays
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
Exclusive
Trump is strategizing means to seize Iran's nuclear stockpiles, sources say
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Colombian President Petro caught up in narcotics trafficking probes, sources say
The separate narco-trafficking investigations, based out of New York's Southern and Eastern districts, didn't set out to target Petro, but his name has come up during the course of the probes, one source said.
HealthWatch
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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.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
World
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Iranian strikes on towns near Israel's main nuclear research center injure over 100
Iran struck two communities near Israel's main nuclear research center late Saturday, leaving at least 90 people wounded in the southern part of the country.
Cuba suffers second nationwide power outage in less than a week
Humanitarian organizations began delivering aid to Cuba by air Friday, including solar panels, food and medicine.
2 skiers killed, 5 hurt in northern Italy avalanche
A total of 25 skiers were on the mountainside where the avalanche occurred, but most had escaped.
BTS kicks off global tour with South Korea concert
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
Exclusive
Trump is strategizing means to seize Iran's nuclear stockpiles, sources say
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Entertainment
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Entertainment
Sneak preview of Propstore's latest auction
"CBS Saturday Morning" gets a sneak peek of Propstore's offerings for next week's live auction of more than 1,000 items from some of Hollywood's most iconic films.
Breaking down how Spotify pays musicians
Streaming platforms changed the way people purchase and listen to music, but they've also changed how artists get paid for their work. "CBS Saturday Morning" visits the Spotify offices to learn about how some artists are earning big bucks on the platform, and how some are still struggling.
BTS kicks off global tour with South Korea concert
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
Buffalo Traffic Jam performs "Hanging On Hope"
Best friends Frankie Cassidy and Nathan Ross formed Buffalo Traffic Jam as students at Montana State University. Dorm room jam sessions progressed into a sold-out worldwide tour as the duo garnered acclaim for their stripped-down sound and heartfelt lyrics. Here is Buffalo Traffic Jam performing "Hanging On Hope."
Buffalo Traffic Jam performs "Forgot Your Roots"
Best friends Frankie Cassidy and Nathan Ross formed Buffalo Traffic Jam as students at Montana State University. Dorm room jam sessions progressed into a sold-out worldwide tour as the duo garnered acclaim for their stripped-down sound and heartfelt lyrics. Here is Buffalo Traffic Jam performing "Forgot Your Roots."
Technology
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Jury finds Elon Musk liable for misleading investors during Twitter purchase
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
White House unveils AI framework for Congress
The White House unveiled a national framework for how it wants Congress to address concerns about artificial intelligence. Technology journalist Jacob Ward joins CBS News to discuss the outline and AI concerns.
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 version of Val Kilmer to star in new movie
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
Risks of excessive screen time for adults
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
Science
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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.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Crime
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Couple on unusual activity at neighbor's home: "I think they finally killed him"
When Gary Herbst, described by his Minnesota neighbors as confrontational, disappeared on July 8, 2013, it appeared he walked out on his wife and teenage son. Years later, a startling discovery would confirm what neighbors thought they might have witnessed.
Wife of Joseph Duggar charged with child endangerment after his arrest
Kendra Duggar was charged with multiple misdemeanors a day after husband Joseph Duggar's arrest.
5 more defendants plead guilty in Feeding Our Future fraud scheme
Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
See police bodycam video of Justin Timberlake's DWI arrest on Long Island
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Justice Department subpoenas James Comey
Federal prosecutors in Miami subpoenaed former FBI Director James Comey as part of a probe into Obama-era intelligence officials, two sources familiar with the investigation tell CBS News. Jake Rosen reports.
Space
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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.
Repaired moon rocket heads back to launch pad for April 1 blastoff
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
Video shows meteor streaking across the sky
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
7-ton meteor identified as likely cause of boom heard across Ohio
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Latest Galleries
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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
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Latest CBS News Videos
Hawaii flooding: Video from the ground and air
Heavy rains have hit Hawaii, causing major flooding on its most populous island, Oahu, and forcing thousands to evacuate.
The Dish: Danny's
Dan Abrams' newest venture Danny's offers patrons a quintessential New York City dining experience. The menu by executive chef Ed Tinoco spotlights fun twists on American classics.
Sneak preview of Propstore's latest auction
"CBS Saturday Morning" gets a sneak peek of Propstore's offerings for next week's live auction of more than 1,000 items from some of Hollywood's most iconic films.
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.
Breaking down how Spotify pays musicians
Streaming platforms changed the way people purchase and listen to music, but they've also changed how artists get paid for their work. "CBS Saturday Morning" visits the Spotify offices to learn about how some artists are earning big bucks on the platform, and how some are still struggling.