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.
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Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
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.
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.
Federal Reserve Governor Lisa Cook has filed a lawsuit against President Trump's attempt to fire her. CBS News' Natalie Brand has the latest.
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.
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.
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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."
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 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.
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.
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.
President Trump called on Fed Governor Lisa Cook to resign on Wednesday after one of his appointees accused her of mortgage fraud.
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.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
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.
Democrats are pushing for reforms to Immigration and Customs Enforcement as the Senate appeared to be closing in on a deal to fund the Department of Homeland Security.
President Trump said several members of his administration were involved in talks with Iran about the ongoing war.
Democrats have vowed to keep forcing votes on the issue as they seek public testimony from administration officials.
A command element and some ground forces are expected to be part of the Middle East deployment, according to a source familiar with the planning.
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.
A judge sharply questioned a lawyer for the federal government on Tuesday over the Pentagon's efforts to cut Anthropic's AI out of its classified systems.
Democrat Emily Gregory won a special election for a Florida state House seat on Tuesday, flipping a district that is home to President Trump's estate, Mar-a-Lago.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
The pilots killed in a collision between a jetliner and a fire truck on a New York runway have been identified as Capt. Antoine Forrest and First Officer Mackenzie Gunther.
The pilots killed in a collision between a jetliner and a fire truck on a New York runway have been identified as Capt. Antoine Forrest and First Officer Mackenzie Gunther.
Arielle Konig took the stand to testify against her husband, anesthesiologist Gerhardt Konig, exactly one year after he allegedly tried to kill her by pushing her off a cliff during a hike.
Democrat Emily Gregory won a special election for a Florida state House seat on Tuesday, flipping a district that is home to President Trump's estate, Mar-a-Lago.
Democrats have vowed to keep forcing votes on the issue as they seek public testimony from administration officials.
The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta prioritized profits over safety.
A judge sharply questioned a lawyer for the federal government on Tuesday over the Pentagon's efforts to cut Anthropic's AI out of its classified systems.
FedEx said it will give customers the option of two-hour or end-of-day delivery, including for large and oversized packages.
OpenAI said Tuesday that it will discontinue the company's Sora app, which let users create AI-generated videos.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
Delta is temporarily halting specialty services for members of Congress, citing strain on its resources during the partial government shutdown.
Democrat Emily Gregory won a special election for a Florida state House seat on Tuesday, flipping a district that is home to President Trump's estate, Mar-a-Lago.
A judge sharply questioned a lawyer for the federal government on Tuesday over the Pentagon's efforts to cut Anthropic's AI out of its classified systems.
A command element and some ground forces are expected to be part of the Middle East deployment, according to a source familiar with the planning.
Delta is temporarily halting specialty services for members of Congress, citing strain on its resources during the partial government shutdown.
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.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
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.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
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.
Democrats have vowed to keep forcing votes on the issue as they seek public testimony from administration officials.
A command element and some ground forces are expected to be part of the Middle East deployment, according to a source familiar with the planning.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
In separate visits, President Trump is planning to host monarchs from the United Kingdom and the Netherlands next month.
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.
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."
"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.
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
In this web exclusive, Emmy-winning actress Lisa Kudrow talks with Tracy Smith about "Friends," and her HBO show "The Comeback."
"Friends" star Lisa Kudrow played a washed-up sitcom actress, Valerie Cherish, in the 2005 HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and then returned in 2014. Now, "The Comeback" is itself making a comeback for a third season. Kudrow talks with correspondent Tracy Smith about her love for playing Phoebe Buffay; her aptitude for "cringe comedy"; and how she found solace following the death of "Friends" castmate Matthew Perry.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta prioritized profits over safety.
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 artificial intelligence company Anthropic is challenging the Pentagon in court after the Trump administration designated it a national security risk. Tom Dupree, former deputy assistant attorney general under President George W. Bush, joins with analysis.
The war with Iran is raising cybersecurity concerns in the U.S. Vik Desai, global cybersecurity strategy lead at Accenture, joins CBS News to discuss.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
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.
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.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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.
Arielle Konig took the stand to testify against her husband, anesthesiologist Gerhardt Konig, exactly one year after he allegedly tried to kill her by pushing her off a cliff during a hike.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Two weeks after a CBS News investigation into hospice care fraud in California, Congress is now probing the issue. CBS News correspondent Adam Yamaguchi is following the story.
Dayton Webber, a professional cornhole player and quadruple amputee, has been arrested on murder charges for the shooting death of a Maryland man. CBS News' Shanelle Kaul has more.
Prosecutors say Jose Medina, who is accused of killing a Loyola University student, missed his first court appearance Monday because he has been hospitalized and is undergoing treatment for tuberculosis. Medina is facing several charges in the fatal shooting, including first-degree murder. DHS says the alleged shooter is a Venezuelan man living in the U.S. illegally.
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.
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.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
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.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
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.
Trump says Vance and Rubio are involved in talks with Iran; Senate inches toward a potential DHS funding solution.
A debate over what to wear at two different restaurant chains is prompting renewed attention over dress codes. Tony Dokoupil has more.
Arielle Konig faced down the man who allegedly tried to murder her during a birthday hike one year ago, her husband, anesthesiologist Gerhardt Konig. Matt Gutman reports on the trial.
A huge spike in oil futures trading minutes before President Trump announced talks with Iran is drawing suspicion about insider trading. Jill Schlesinger explains.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.