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The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady joins to break down the move.
President-elect Donald Trump's proposed tariffs on Canada haven't even gone into effect and they've already plunged Prime Minister Justin Trudeau's government into turmoil. On Monday, Trudeau's finance minister and deputy prime minister resigned, sharing a sharply critical assessment of her old boss in a public letter. Mercedes Stephenson, Ottawa bureau chief for Canada's Global News, joins "America Decides" to discuss Trudeau's future.
A New Yorker article argues that we are in "the gilded age of medicine." So what does that mean for U.S. health care? Dr. Dhruv Khullar, associate professor of health and economics at Weill Cornell Medical College and contributing writer at the New Yorker, joins "America Decides" to discuss his piece.
If you're in your 40s, paying for a child's college should take a back seat to protecting your own savings, financial experts say.
President-elect Donald Trump plans to deport up to 11 million undocumented immigrants. But how much will it cost? Jeremy Robbins, executive director for the American Immigration Council, joins "America Decides" to look at the impact many say will go far beyond the billions needed just to carry out the removals.
A federal judge has temporarily blocked the merger of grocery giants Kroger and Albertsons after a three-week hearing. The Federal Trade Commission sued over the $25 billion deal in February, asking that it be put on hold to allow more time for an FTC administrative judge to examine its potential impacts. The FTC claims that allowing Kroger and Albertsons to merge would lead to less competition in the grocery industry and higher prices.
The second Trump administration is poised to be a powerful ally for the crypto industry. President-elect Donald Trump spoke highly of cryptocurrencies on the campaign trail, and his cabinet picks reflect that, with former PayPal executive David Sacks set to serve as Trump's crypto and artificial intelligence czar. Makena Kelly, senior politics reporter for Wired, joins CBS News to dig into Sacks' background.
The murder of UnitedHealthcare CEO Brian Thompson in the middle of Manhattan has some major corporations rethinking their strategies for protecting top executives. Oliver Barnes, U.S. pharmaceutical and biotech correspondent for the Financial Times, joins CBS News to discuss.
Only 10 states require a personal finance course for high schoolers, but one teacher says she tells her students it's the most important course they will take.
Only 10 states require a personal finance course to graduate high school, but that's changing. For "Eye on America," Meg Oliver reports on the growing trend of teaching financial literacy as a foundation for financial responsibility.
A federal appeals court upheld a law Friday that would ban TikTok in the U.S. if the app's Chinese parent company, ByteDance, does not sell it. TikTok and ByteDance could still appeal the case to the Supreme Court. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the challenges of reaching a deal, with the law set to take effect on Jan. 19.
Many Americans consider 65 to be the right age to retire. But according to the Trans-America Center for Retirement Studies, the median retirement age is 62. Dan Geltrude, the founder of the accounting firm Geltrude & Company, joins "The Daily Report" to discuss why and how to plan for retirement.
President-elect Donald Trump announced Wednesday that Peter Navarro will return to the White House as his senior counselor for trade and manufacturing. Navarro, who served in Trump's first administration, was behind bars for several months this year for defying a subpoena from the House Select Jan. 6 Committee. Tom LoBianco, co-founder and national political reporter for 24sight News, and Sabrina Rodriguez, national politics reporter at The Washington Post, join with analysis.
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain more.
Latinos played a key role in delivering President-elect Donald Trump an election victory earlier in November. Geraldo Cadava, professor of history and Latina and Latino studies for Northwestern University, joins "America Decides" to share his perspective on what drove many of these voters toward Trump.
President-elect Donald Trump says he will take executive action on day one to impose major tariffs on Canada, Mexico and China. So how will that impact costs for consumers? Mario Parker, Bloomberg News' managing editor of economy and government, joins "America Decides" to discuss.
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
Negative views toward the economy helped drive voters to the polls for the 2024 presidential election. According to a new CBS News poll, more Americans already feel better about the economy. CBS News executive director of elections and surveys Anthony Salvanto unpacks the numbers.
Americans are bracing for President-elect Donald Trump's proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O'Grady looks at the potential economic impact. Then, small business owner Andy Gossett joins to discuss what the tariffs would mean for his outdoor sporting goods company.
With just six weeks left in 2024, Jill Schlesinger shares practical tips to help you save or even earn extra cash by the new year.
Billionaires backed President-elect Donald Trump's bid to get back in the White House, but now that the deal is done, what could they get in return? CBS News investigative reporter Dan Klaidman joins "America Decides" with more.
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly O'Grady looks at what impact the decision could have on the economy.
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.
The stopgap measure to fund the government and provide tens of billions in disaster relief passed the Senate and now goes to President Biden for his signature.
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least five people and injuring at least 200.
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
Hostage envoy Roger Carstens traveled to Syria Friday, making the first known U.S. in-person contact with the caretaker government, and seeking help in finding missing American Austin Tice.
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
More than 119 million people will travel at least 50 miles from home between Saturday and New Year's Day, which would top the previous holiday-season high set in 2019, according to AAA.
Samuel Paty was killed by an Islamic extremist outside his school, days after showing his class cartoons of the Prophet Muhammad during a debate on free expression.
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Here's what the anticipated record number of holiday travelers should know about how a government shutdown could affect trips.
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The warning came before the House passed a last-minute stopgap funding bill with bipartisan support Friday night, sending it to the Senate.
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Sleep optimization, or "sleepmaxxing," is a popular trend among a younger demographic, but experts share a few words of caution.
Samuel Paty was killed by an Islamic extremist outside his school, days after showing his class cartoons of the Prophet Muhammad during a debate on free expression.
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least five people and injuring at least 200.
In a video, seemingly filmed with a camera worn by the shooter, a person carrying a handgun can be seen firing multiple shots in a parking garage.
One of the inmates with a gun held out for about three hours, protected by 20 fellow prisoners, officials said.
A 7-year-old girl was killed and at least five other students and a teacher were wounded in a knife attack at a school in Croatia, police said.
Tyler Perry and Kerry Washington team up on the film "Six Triple Eight," spotlighting the only all-Black women's battalion in Europe during WWII. Washington stars as Charity Adams, the highest-ranking Black female officer.
The 16-time Grammy winner returned to the Professional Performing Arts School in New York, where she first began her career, and shares advice with current students.
As 2024 comes to a close, we took a look at some of the oddest Guinness World Records of the year.
Sixteen-time Grammy winner Alicia Keys celebrates her Broadway musical "Hell's Kitchen" earning a Grammy nomination for Best Musical Theater Album. In an exclusive interview, she revisits her alma mater to honor the teacher who inspired her and surprises students.
For 90 years, the Apollo Theater has shaped American culture, launching icons like James Brown and Aretha Franklin. This year, it became the first institution honored by the Kennedy Center, cementing its legacy as a hub of innovation.
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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 Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
At least two people were killed and over 60 were injured after a car crashed into a Christmas market in eastern Germany. Authorities arrested a suspect, saying they believe he acted alone in the deliberate act. CBS News national security contributor Sam Vinograd has more details.
At least two people, including a toddler, were killed, and at least 60 more hurt, after a car crashed into a Christmas market in Magdeburg, Germany, in what authorities said appeared to be a deliberate attack. German police said a Saudi man has been arrested, but a motive has not yet been determined. CBS News reporter Anna Noryskiewicz has more.
More than 60 people were injured and at least two killed Friday after a driver rammed into a crowded Christmas market in Magdeburg, Germany. The driver is in custody and local government officials say they suspect the crash was deliberate. CBS News reporter Haley Ott has the latest details.
John Ramsey, JonBenét Ramsey's dad, says he thinks DNA technology will lead to an answer in his daughter's brutal murder. "48 Hours" correspondent Erin Moriarty breaks down her latest reporting on the case.
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
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.
A 22-year-old forecasting the weather out of his bedroom is praised for helping people during natural disasters – and gets a big surprise from David Begnaud. And Santa comes early to two U.S. cities to bring Christmas magic to children in need. Plus, more uplifting news.
A North Texas drone company unofficially set a new Guinness World Record by using thousands of drones to create a stunning holiday light show in the sky. Meanwhile, a third-grader in Arizona is a hero after saving a friend from choking in the school cafeteria. All that and all that matters in today's Eye Opener.
In California, we speak to an anthropologist whose new book offers firsthand accounts from human smugglers helping people cross into the U.S. illegally. And in Nebraska, we hear from experts raising the alarm that road barricades aren’t strong enough against heavier electric vehicles. Watch these stories and more on "Eye on America" with host Michelle Miller.
It's the time of year when we indulge in some favorite holiday treats and drinks like eggnog. Chef JJ Johnson, the founder of fast-casual restaurant Field Trip NYC, joins CBS News to showcase several holiday recipes.
2024 marked a sensational year in the world of sports. Some highlights included another Super Bowl win for the Kansas City Chiefs and the rise of women's sports on the college and professional level. Cbssports.com writer Austin Nivision breaks it all down.