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President Trump said the U.S. will place a 25% tariff on imports from all countries that buy oil or gas from Venezuela. According to Rystad Energy, a research and consulting firm, China and the U.S. have been the top buyers of Venezuelan oil in recent months. CBS News contributor Javier David has more on what this means.
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
The price of poultry, pork and milk declined from January to February, but the price of other staples like cereal, seafood and baked goods have continued to climb. The overall food at home index rose about 2% over the last 12 months. Elise Preston reports.
Red Lobster CEO Damola Adamolekun took over last September, shortly after the chain closed many locations and filed for bankruptcy.
Red Lobster is among more than a dozen casual dining chains that filed for bankruptcy in 2024. Now, its new CEO is attempting to reinvigorate and reinvent it in a challenging economic climate. Elise Preston reports.
As expected, the Federal Reserve has held interest rates steady, while indicating that cuts are likely later this year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Federal Reserve chose not to lower interest rates Wednesday, as Chair Jerome Powell admitted the economic outlook was uncertain. He indicated that even though inflation was expected to inch up in response to President Trump's tariffs, the Fed is still forecasting two rate cuts this year. Kelly O'Grady explains.
The Federal Reserve left interest rates unchanged Wednesday as uncertainty about the U.S. economy grows. CBS News MoneyWatch correspondent Kelly O'Grady unpacks Fed Chair Jerome Powell's comments on the decision. Then, Donna Ginther, distinguished professor of economics at the University of Kansas, joins with analysis.
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
The Federal Reserve will meet Wednesday to make its second interest rate decision of the year with economists predicting rates will be held steady. CBS News business analyst Jill Schlesinger has more.
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in spending which has some economists warning that the U.S. could face a possible recession. CBS News MoneyWatch correspondent Kelly O'Grady has more on recession risk signs.
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
An American Airlines plane carrying 178 people caught fire on the tarmac after making an emergency landing at Denver International Airport; Google touts Gemma 3 as "most capable" A.I. model that runs on just one GPU.
U.S. stocks continue to flail as investors grapple with impact of Trump administration trade war and signs of economic slowdown.
Trump threatens 200% tariff on EU alcohol in response to American whiskey tariff; Protesters arrested after storming Trump Tower over arrest of Mahmoud Khalil.
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly O'Grady explains.
Inflation cooled more than economists expected in February but remained higher than where the Federal Reserve would like it to be, rising 2.8% from a year earlier. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to examine what that means for price relief for Americans.
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.
Trump's 25% tariffs on steel and aluminum take effect, prompting EU and Canada to retaliate; NASA set to bring astronauts home after eight-day mission turned into nine months.
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady and Natalie Brand report.
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Inflation rate hits 2.8% in February, less than expected; SpaceX Crew 10 mission set for launch, could pave way for return of Starliner astronauts.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with Commerce Secretary Howard Lutnick to discuss the stock swings, inflation and risks of a recession.
President Trump's national security adviser has denied knowing the editor of The Atlantic after accidentally adding him to a sensitive group chat.
A temporary restraining order blocking the Trump administration from deporting alleged gang members under the Alien Enemies Act will remain in place.
Sen. Roger Wicker, chairman of the Senate Armed Services Committee, said the panel is seeking an expedited inspector general report on the Signal chat leak.
President Trump on Wednesday said he is imposing a 25% tariff on automobiles not manufactured in the U.S.
An Israeli soldier and a Palestinian boy tell CBS News they have personal experience of the IDF forcing civilians to check buildings for explosives.
In a session of British Parliament Wednesday, the controversy over the leaked Signal group chat involving high-ranking members of the Trump administration was debated.
A new study shows how cuts to foreign aid could lead to millions of HIV/AIDS deaths and soaring rates of infections, undoing decades of progress against the virus.
A Tufts University international graduate student was taken into custody by federal authorities Tuesday, according to the school.
The Trump administration is arguing in federal court that it was justified in sending the Venezuelans to El Salvador, while activists say officials have sent them to a prison rife with human rights abuses.
The Trump administration is arguing in federal court that it was justified in sending the Venezuelans to El Salvador, while activists say officials have sent them to a prison rife with human rights abuses.
Several newspapers have sued OpenAI and Microsoft, seeking to end the practice of using their stories to train artificial intelligence chatbots.
Nationwide, more than nine million veterans get physical or mental health care from the Department of Veterans Affairs.
The three women from Massachusetts who were on vacation in Belize died of carbon monoxide poisoning, officials confirmed Wednesday.
Trump has signed more executive orders at this point in a term than any other modern president, focusing mostly on cuts to the federal government and trade.
Social Security is delaying an in-person identity verification requirement by two weeks, but critics say the plan burdens beneficiaries.
President Trump on Wednesday said he is imposing a 25% tariff on automobiles not manufactured in the U.S.
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Starting Thursday, the Social Security Administration will again take 100% of a beneficiary's check to recoup overpayments. Here's what to know.
As fans wager an estimated $3.1 billion into March Madness bets, cybersecurity experts warn of a rise in online gambling scams targeting everyday users.
The Trump administration is arguing in federal court that it was justified in sending the Venezuelans to El Salvador, while activists say officials have sent them to a prison rife with human rights abuses.
In a session of British Parliament Wednesday, the controversy over the leaked Signal group chat involving high-ranking members of the Trump administration was debated.
Nationwide, more than nine million veterans get physical or mental health care from the Department of Veterans Affairs.
Trump has signed more executive orders at this point in a term than any other modern president, focusing mostly on cuts to the federal government and trade.
A new study shows how cuts to foreign aid could lead to millions of HIV/AIDS deaths and soaring rates of infections, undoing decades of progress against the virus.
A new study shows how cuts to foreign aid could lead to millions of HIV/AIDS deaths and soaring rates of infections, undoing decades of progress against the virus.
West Virginia is banning seven artificial food dyes, including Red No. 40, in the most sweeping state level food dye ban in the U.S.
Federal health officials said they are cutting $11.4 billion in COVID-19-related funds for state and local public health departments.
The Trump administration is moving to end the "Housing First" approach despite warnings from providers and homelessness experts that the shift won't work.
Both agencies are part of the Department of Health and Human Services, which like much of the federal government, has seen mass layoffs as part of the Trump administration's ongoing efforts to implement budget cuts.
In a session of British Parliament Wednesday, the controversy over the leaked Signal group chat involving high-ranking members of the Trump administration was debated.
The three women from Massachusetts who were on vacation in Belize died of carbon monoxide poisoning, officials confirmed Wednesday.
An Israeli soldier and a Palestinian boy tell CBS News they have personal experience of the IDF forcing civilians to check buildings for explosives.
A new study shows how cuts to foreign aid could lead to millions of HIV/AIDS deaths and soaring rates of infections, undoing decades of progress against the virus.
President Trump's national security adviser has denied knowing the editor of The Atlantic after accidentally adding him to a sensitive group chat.
Lady Gaga announced her 2025 tour dates on social media Wednesday, writing, "See you soon, monsters."
In a special Women's History Month edition of "Note to Self," Tony Award-winning actress and Disney legend Lea Salonga writes a heartfelt letter to her 17-year-old self—revisiting her journey from the Philippines to Broadway and the legacy she unknowingly built for the next generation of Asian performers.
Before she defied gravity, she was just Elphie Thropp. Best-selling author Gregory Maguire is back with "Elphie: A Wicked Childhood," a new prequel that explores the early life of Elphaba—the girl who would become the Wicked Witch of the West.
Award-winning actor Rosamund Pike stars as Moiraine in "The Wheel of Time," now in its third season on Prime Video. Based on the bestselling novels, the series follows a young man destined to save or destroy the world—guided by Pike's powerful and determined sorceress.
Prince Harry and his Sentebale co-founder Prince Seeiso of Lesotho say they stepped down as relations between trustees and the chair "broke down beyond repair."
Several newspapers have sued OpenAI and Microsoft, seeking to end the practice of using their stories to train artificial intelligence chatbots.
The Senate Intelligence Committee heard testimony on Tuesday from key players involved in a group chat on the messaging app Signal, in which the U.S.'s highly sensitive plans to bomb Houthi targets in Yemen were discussed inadvertently with a journalist. President Trump said that his administration would investigate the government's use of Signal. CBS News contributor and former CIA official Andrew Boyd has more on what it is and how it's used.
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 National Security Agency sent a bulletin in February warning of Russian hackers trying to access encrypted conversations on Signal.
Defense Secretary Pete Hegseth and other Trump officials allegedly used Signal for a group chat to discuss a highly sensitive operation.
Carbon capture chemically removes CO2 from the air, to store or recycle into products. But is this technology – underwritten by the fossil fuel industry – an effective means to address climate change?
As a tool to address rising greenhouse gas emissions, carbon capture chemically removes carbon dioxide from the air, to store or recycle into products. The company behind a new plant to be opened this summer claims the facility will remove 500,000 tons of CO2 a year. But is this form of carbon capture – underwritten by the fossil fuel industry – an effective means to address climate change? Correspondent David Pogue looks at the technology behind this initiative, and the controversy it has raised.
Remains of five mammoths were found archaeologists from the Austrian Academy of Sciences said Thursday in a news statement.
Our planet's closest and brightest neighbor will pass approximately between the Earth and sun this week, in what's called an inferior conjunction.
The new findings come from the Dark Energy Spectroscopic Instrument (DESI), which sits on a telescope at the Kitt Peak National Observatory in Arizona.
Prosecutors do not want Luigi Mangione, the suspect in the murder of UnitedHealthcare CEO Brian Thompson, to have a laptop in prison, and are taking issue with what he was given to wear for a recent court appearance.
The babysitter came face-to-face with a man hiding underneath the child's bed, Kansas' Barton County Sheriff's office said.
Utah is moving to protect the children of online content creators following the child abuse conviction of family vlogger Ruby Franke.
Selena Quintanilla-Perez was killed by the president of her fan club, Yolanda Saldívar, in 1995.
The gunman who killed 23 people in a racist attack at an El Paso Walmart in 2019 in one of the the deadliest mass shootings in U.S. history has been offered a plea deal to avoid the death penalty.
NOAA's Office of Space Commerce plays a crucial role in the growing space industry and is tasked with helping to manage satellite traffic to guard against collisions.
Data on dark energy weakening over time may signal that if the trend continues it could eventually cause the universe to collapse, according to a new study. Mustapha Ishak-Boushaki, a physics professor and Dark Energy Spectroscopic Instrument (DESI) researcher, joins CBS News with more.
Our planet's closest and brightest neighbor will pass approximately between the Earth and sun this week, in what's called an inferior conjunction.
"The Moonwalkers: A Journey with Tom Hanks" tells the story of the Apollo missions.
The new findings come from the Dark Energy Spectroscopic Instrument (DESI), which sits on a telescope at the Kitt Peak National Observatory in Arizona.
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.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Trump administration officials have tried to downplay the seriousness of group texts inadvertently shared with Atlantic editor Jeffrey Goldberg, with Defense Secretary Pete Hegseth even suggesting the story is a hoax. But the messages themselves reveal internal concerns about the risk of leaks. "CBS Evening News" co-anchor John Dickerson explains.
Earlier this month, the Department of Veterans Affairs announced it would cut roughly 72,000 workers, or about 15% of its agency, with the goal of returning its staffing to 2019 levels, when it had just under 400,000 employees. Karen Hua looks at what's at stake.
President Trump signed an executive order aimed at overhauling U.S. election law. The directive seeks to override state statutes and set new ones. It also threatens to withhold funding from those that don't comply. Scott MacFarlane explains.
A Florida Senate bill would remove restrictions on 16 and 17 year olds, allowing for overnight shifts, shifts longer than 8 hours during school days, more than 30 hours during school weeks, and the removal of mandatory meal breaks. Manuel Bojorquez reports.
Sen. Roger Wicker, the Republican chairman of the Senate's Armed Services Committee, has joined Democrats demanding an independent review of the security lapse in the Signal group chat leak. H.R. McMaster, former national security adviser, joins to discuss the fallout.