Here's the impact of the Fed's rate cut decision today
The Federal Reserve said it is cutting rates by 0.25 percentage points, its second rate cut of the year.
Interest Rates
What October's jobs report means for economy
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only 12,000 new hires. Despite adding roughly 100,000 fewer jobs than expected, the U.S. unemployment rate held steady at just above 4%. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the numbers.
How the economy is faring before Election Day
CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for Bloomberg News, joins "America Decides" to discuss.
Last CPI report before Election Day
The latest consumer price index report, the last that will be released before Election Day, showed inflation continued to cool in September. CBS News business analyst Jill Schlesinger has more.
Jobs report shows U.S. economy's strength
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS News senior business and technology correspondent Jo Ling Kent reports on how the report reflects on the U.S. economy. White House economist Jared Bernstein joins CBS News 24/7 to discuss the new numbers.
Federal Reserve interest rate cut effect
The Federal Reserve's interest rate cut announcement has already affected the prices of some mortgage rates and credit card interest rates. CBS MoneyWatch associate managing editor Aimee Picchi reports.
Here are the credit products already cheaper after the Fed's rate cut
Lenders are already lowering rates on some products, providing savings to borrowers. Here's what to know.
Why built-to-rent communities are becoming popular
With home prices and interest rates remaining stubbornly high, many people who believe they will never be able to afford a home are turning to built-to-rent communities. Kris Van Cleave explains.
Spotting scams when homebuying, renting
The CBS News Confirmed team investigated housing scams that are impacting Americans nationwide. CBS News national consumer correspondent Ash-har Quraishi has more on avoiding scams when buying or renting a home.
5 key takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Fed cuts interest rates, what happens now?
The Federal Reserve on Wednesday announced an interest rate cut of 0.5%, bringing rates down from their previous 23-year high. CBS News contributor Javier David has more on what that means for you.
Why the Fed cut rates for first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for TheStreet, joins CBS News to explain the Fed's move.
Federal Reserve enacts first rate cut since 2020
The Federal Reserve lowered interest rates by half a percentage point Wednesday, more than expected. It's the first rate cut since the pandemic in 2020, and the largest cut since the 2008 financial crisis. Jo Ling Kent has more on what the move means.
Fed cuts rates in final stretch of 2024 race
The Federal Reserve lowered interest rates by half a percentage point on Wednesday, its first cut in more than four years. The decision came on a busy day for the Trump and Harris campaigns. CBS News' Jo Ling Kent, Nikole Killion and Aaron Navarro have the latest.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Federal Reserve cuts interest rates
The Federal Reserve has announced a cut to interest rates by 0.50 percentage points. This is the first cut to its benchmark interest rate since March 2020. CBS News business analyst Jill Schlesinger and Al Root, an associate editor at Barron's, break down the news.
Fed lowers rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Interest rates expected cut from the Fed
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's announcement.
Previewing the Fed decision on rate cuts
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.
Here's how the Fed's rate cut could impact your credit card balance
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
Here's how the Fed's rate cut today may impact your finances
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
High prices, low inventory for new homes
Americans looking to buy or rent a new home are seeing higher prices and low inventory. CBS News senior business and technology correspondent Jo Ling Kent breaks down the latest in the U.S. housing market.
PPI data meets expectations
Wall Street opened with a bumpy start Thursday after the producer price index in August rose in line with expectations. CBS News contributor Javier David discusses how the data might affect the Federal Reserve's interest rate decision next week.
U.S. inflation drops to lowest level in years
Inflation cooled further in August, falling to a three-year low and cementing views that the Federal Reserve will soon start cutting interest rates. Martin Baccardax, senior editor and chief markets correspondent for the Street, joins to discuss.
Inflation eases ahead of expected rate cuts
The inflation rate dropped to 2.5% in August, according to the latest data from the Labor Department, a further sign that the Federal Reserve will enact interest rate cuts when it meets next week. Jo Ling Kent has details.
Pope Francis has died at the age of 88
Pope Francis made it his mission to change the perception of the Catholic Church around the world.
live updates
Pope Francis mourned worldwide as Catholic Church prepares for next chapter
Pope Francis died Monday at the age of 88. As tributes pour in from around the world, the Vatican faces a transition.
Looking back at Pope Francis' impact on the Catholic Church
A longtime Vatican correspondent shares his insights on the legacy of Pope Francis, a populist leader who sought to bring the Church closer to the people.
Hegseth shared details of Yemen strike in another Signal chat, sources say
The messages were sent the same day Hegseth shared similar details in a separate Signal chat that inadvertently included The Atlantic's editor-in-chief.
Supreme Court to consider dispute involving ACA's preventive-care coverage
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
Trumps to host White House Easter Egg Roll today with corporate sponsorships
Much of year's egg roll will be sponsored by corporations, a change from the traditional sponsorship by the American Egg Board.
Vance, Modi set to meet in India with Trump's tariffs taking center stage
Vice President JD Vance is in India on a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration.
What scientists fear most about bird flu spread in the U.S.
Bird flu infections have been rare among people, but the pathogen is evolving, which has scientists worried about a possible pandemic.
Officers who attended Jan. 6 rally ask SCOTUS to allow anonymity in records
Current and former Seattle Police officers who attended President Trump's Jan. 6 rally are seeking to keep their identities out of public records related to the insurrection.
U.S.
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Drones an increasing midair risk to airliners at major U.S. airports, AP says
An APr analysis shows drones last year accounted for nearly two-thirds of reported near midair collisions involving commercial aircraft at major U.S. airports. Safety experts such collisions could be catastrophic.
Supreme Court to consider dispute involving ACA's preventive-care coverage
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
Trumps to host White House Easter Egg Roll today with corporate sponsorships
Much of year's egg roll will be sponsored by corporations, a change from the traditional sponsorship by the American Egg Board.
Hegseth shared details of Yemen strike in another Signal chat, sources say
The messages were sent the same day Hegseth shared similar details in a separate Signal chat that inadvertently included The Atlantic's editor-in-chief.
Salvadoran Catholic leader urges Bukele not to turn country into U.S. prison
El Salvador's top Catholic leader on Sunday urged President Nayib Bukele not to turn the country into a Guantanamo-style U.S. prison.
MoneyWatch
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Vance, Modi set to meet in India with Trump's tariffs taking center stage
Vice President JD Vance is in India on a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration.
What's open and closed on Easter 2025?
Check out the list of the supermarkets, retailers, and fast food chains that are open on Easter and which are closed.
Trump is studying how to remove Fed Chair Powell, adviser says
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
Here's the magic number Americans say they need for retirement
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
Ford says it could raise prices this summer if tariffs remain in effect
Ford's vehicle prices could rise this summer if 25% auto tariffs remain in place, the company said in a memo to dealers.
Politics
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Vance, Modi set to meet in India with Trump's tariffs taking center stage
Vice President JD Vance is in India on a four-day visit as New Delhi looks to avoid U.S. tariffs, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration.
Supreme Court to consider dispute involving ACA's preventive-care coverage
The Affordable Care Act requires health insurers and group health plans to cover certain preventive-care services recommended by the U.S. Preventive Services Task Force at no cost to patients.
Trumps to host White House Easter Egg Roll today with corporate sponsorships
Much of year's egg roll will be sponsored by corporations, a change from the traditional sponsorship by the American Egg Board.
Hegseth shared details of Yemen strike in another Signal chat, sources say
The messages were sent the same day Hegseth shared similar details in a separate Signal chat that inadvertently included The Atlantic's editor-in-chief.
Full transcript of "Face the Nation with Margaret Brennan," April 20, 2025
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Chris Van Hollen and EPA administrator Lee Zeldin join Weijia Jiang.
HealthWatch
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Her sore throat turned into a month-long ICU stay. Doctors were stumped.
Vanessa Abraham thought her symptoms were a bad flu — until she collapsed to the floor struggling to breathe.
Trump administration replaces COVID websites
The Trump administration has moved to replace websites that previously offered health information and access to COVID tests and treatment.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Obesity doctor touts new weight loss drug
There may soon be a new medication option for losing weight. Eli Lilly's experimental pill appears to work as well as the injected drug Ozempic to lower the weight of diabetes patients. Dr. Jon LaPook has more.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
World
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Key dates in the life of Pope Francis — from Buenos Aires to Rome
Here are some important dates in the life of Jorge Mario Bergoglio, who became Pope Francis in 2013 and died on Monday.
live updates
Pope Francis mourned worldwide as Catholic Church prepares for next chapter
Pope Francis died Monday at the age of 88. As tributes pour in from around the world, the Vatican faces a transition.
Looking back at Pope Francis' impact on the Catholic Church
A longtime Vatican correspondent shares his insights on the legacy of Pope Francis, a populist leader who sought to bring the Church closer to the people.
Pope Francis has died at the age of 88, the Vatican says
Pope Francis made it his mission to change the perception of the Catholic Church around the world.
Salvadoran Catholic leader urges Bukele not to turn country into U.S. prison
El Salvador's top Catholic leader on Sunday urged President Nayib Bukele not to turn the country into a Guantanamo-style U.S. prison.
Entertainment
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Entertainment
Extended interview: David Hyde Pierce
In this web exclusive, "Frasier" star David Hyde Pierce, now appearing on Broadway in "Pirates! The Penzance Musical," talks with correspondent Martha Teichner about playing physical comedy; tweaking Gilbert & Sullivan's "The Pirates of Penzance" for today's audience; his early television roles that led to the part of Dr. Niles Crane on "Frasier"; and his relationship with his husband, Brian.
David Hyde Pierce, the very model of a modern Major-General, in "Pirates! The Penzance Musical"
The "Frasier" star is back on the Broadway stage in a jazzy re-working of the Gilbert & Sullivan classic, transplanted to New Orleans.
David Hyde Pierce in "Pirates! The Penzance Musical"
"Frasier" star David Hyde Pierce is back on the Broadway stage in "Pirates! The Penzance Musical," a jazzy re-working of the Gilbert & Sullivan classic, transplanted to New Orleans. The former aspiring concert pianist talks with correspondent Martha Teichner about the thread that Gilbert & Sullivan has run throughout his life. He also talks about his comedy influences, and what it means to him to make people laugh.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including veteran TV game show host Wink Martindale.
Amy Sherman-Palladino and Dan Palladino: Curtain up on "Étoile"
The Emmy-winning couple behind "Gilmore Girls" and "The Marvelous Mrs. Maisel" are now debuting "Étoile," a new comic-drama about two struggling ballet companies.
Technology
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Fake job seekers are flooding the market, thanks to AI
Companies say fake job seekers are using artificial intelligence to get remote jobs, often in an attempt to steal insider secrets.
Scientist on reviving extinct dire wolves
Biotech company Colossal Bioscience has made headlines for saying it brought the dire wolf species back from extinction. CBS News' Lindsey Reiser spoke with the company's chief science officer, Beth Shapiro, who broke down the science and motivations behind the project.
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.
About 429,200 wireless phone chargers recalled over fire hazard
Casely received 51 consumer reports of the charger's lithium-ion batteries catching fire while in use, resulting in burn injuries.
Judge: Google is online advertising monopoly
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
Science
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NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Breaking down the return of dire wolves
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Crime
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Was an Oregon teen the mastermind behind her father's murder?
After Aaron Friar and his 15-year-old daughter Ellie vanished from their Medford, Oregon, home, investigators arrived to discover a horrific scene – and soon after, evidence of a murder plot is revealed.
FSU president reacts to the campus' mass shooting
Classes resume Monday at Florida State University, the scene of the nation's latest mass shooting. Two people were killed when a gunman opened fire near the student union on Thursday. Kati Weis spoke with the university's president on the tragedy.
Judge to allow "bushy eyebrows" testimony in Bryan Kohberger trial
Kohberger, 30, is charged with murder in the stabbing deaths of Ethan Chapin, Xana Kernodle, Madison Mogen and Kaylee Goncalves at a rental home in Idaho near campus.
Gunmen disguised as soldiers kill 12 spectators at cockfight
Footage of the shooting, circulated on social media, showed spectators flinging themselves to the ground and taking cover under their seats.
FSU shooting victim speaks out from hospital
Tallahassee police said there was no connection between the Florida State University shooting suspect, 20-year-old Phoenix Ikner, and the victims. CBS News' Kati Weis and Anna Schecter have more details.
Space
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When and where to see the Lyrid meteor shower's peak
During the peak of the Lyrid meteor shower, 10 to 20 meteors could be seen per hour, NASA says.
NASA's most senior astronaut returns to Earth with 2 cosmonauts
Don Pettit, NASA's oldest active astronaut, marked his 70th birthday by landing on the steppe of Kazakhstan after 220 days in space.
NASA spacecraft to zoom past asteroid this weekend at 30,000 mph
The flyby is a dress rehearsal for 2027 when Lucy reaches its first so-called Trojan asteroid near Jupiter.
Astronomer on new evidence pointing to life
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Latest Galleries
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"No Kings": Protesters across country march against Trump, Musk
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
Latest CBS News Videos
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Latest CBS News Videos
Defining moments of Pope Francis' papacy
John Allen, the editor of Crux, an outlet that covers the Catholic Church and the Vatican joins CBS News 24/7 to discuss how Pope Francis broke the mold and reflects on memorable moments of his papacy.
Pope Francis dies at age 88 | Special Report
Pope Francis, often referred to as the "People's Pope," died at age 88 on Monday morning. He appeared in public less than 24 hours earlier, appearing outside the Vatican on Easter Sunday. CBS News reflects on his life and legacy in this special report.
From the archives: Pope Francis elected
In 2013, Jorge Mario Bergoglio was elected pope and chose Francis as his papal name. Scott Pelley anchored a CBS News Special Report on the election from Rome.
From the archives: Pope Francis and Obama
During his 2015 trip to North America, President Barack Obama welcomed Pope Francis to the White House, where the two delivered remarks from the South Lawn.
Archives: Pope Francis addresses Congress
In 2015, during his trip to North America, Pope Francis became the first pontiff to address a joint session of Congress. In his speech, Francis touched on several different subjects and urged lawmakers to put aside political differences.