Fed ignores Trump's call for cuts
The Federal Reserve held interest rates steady on Wednesday, going against President Trump's repeated calls for cuts. CBS News' Jo Ling Kent and Weijia Jiang have the latest.
Stock Market
Powell warns of risks from tariffs
The Federal Reserve held interest rates steady on Wednesday as policymakers assessed the economic impact of President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The key points in Trump's budget proposal
The Trump administration has unveiled its budget blueprint for 2026. Now, it's only a matter of getting Congress on board. Plus, more jobs were added to the U.S. economy in April than expected, despite uncertainty with the Trump administration's tariff plans against trade partners. CBS News' Willie James Inman and Jo Ling Kent have the latest.
What new earnings reports say about tech
The stock market closed in the green for the start of May thanks in part to strong quarterly earnings from Meta and Microsoft. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Investors react to strong tech earnings
Investors are reacting to strong earnings from two of America's biggest tech names, Microsoft and Meta. The Dow went up about 80 points on Thursday, one day after data showed the U.S. economy shrank in Q1 of 2025. CBS News contributor J.D. Durkin reports.
Microsoft and Meta earnings beat expectations
Microsoft and Meta outperformed expectations in the earnings reports they released Thursday, despite concerns about the economy. Joy Wiltermuth, news editor and senior markets reporter for MarketWatch, joined CBS News to break down the numbers.
Stocks jump after positive earnings reports
The stock market has been in positive territory Thursday as companies released earnings reports that beat expectations. Nick Timiraos, chief economics correspondent for the Wall Street Journal, joined CBS News to discuss.
Why stocks rose after alarming GDP data?
The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
What's behind the declining economic numbers?
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
Gretchen Whitmer's interactions with Trump
In a matter of weeks, two very different meetings happened between President Trump and Michigan Democratic Gov. Gretchen Whitmer. NOTUS Congress reporter Daniella Diaz and Bloomberg senior national political correspondent Nancy Cook break it down.
Stocks make comeback, close in the green after early losses
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Stocks slide, new data shows economy shrank
Stocks slid on Wednesday after new data showed that the U.S. GDP declined at a .3% rate in the first quarter of 2025. It was the worst quarterly performance for the U.S. economy since early 2022. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
What to know about Trump's first 100 days
Tuesday marks the 100th day of President Trump's second term in office. CBS News' Major Garrett, Olivia Rinaldi, Kelly O'Grady and Scott MacFarlane report on how he has reshaped the economy and the government.
How is the economy 100 days into Trump's term?
"Trust in Trump" was the White House's message on Tuesday when it came to the president's economic policy. But his wide-reaching tariffs have shaken economic norms, led to market uncertainty and voter concerns. CBS News MoneyWatch correspondent Kelly O'Grady examines the state of the economy 100 days into Mr. Trump's second term.
State of economy 100 days into 2nd Trump term
The Dow Jones closed in the green on Tuesday as President Trump marked 100 days of his second term. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the state of the economy.
Consumer sentiment falls again in March
Consumer sentiment fell more than 8% in March, according to a survey from the University of Michigan, marking the fourth straight decline. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to assess what the figure could say about the state of the economy.
Wall Street ends week on muted note amid ongoing trade questions
Financial markets are likely to remain choppy until investors get more clarity on U.S. trade policy, Wall Street analysts say.
Stocks wrap up week of gains
The Dow Jones eked out a 0.05% gain Friday as investors digested mixed messages on trade talks between the U.S. and China. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
Stock futures shed overnight gains, signaling weaker start to trading
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
China says no tariff negotiations with Trump
The stock market briefly stalled on Thursday before closing higher for the third day in a row. The slight hiccup came after Beijing denied the Trump administration's claim that there are ongoing trade talks between China and the U.S. CBS News senior business and tech reporter Jo Ling Kent reports.
How trade uncertainty is impacting economy
The Trump White House insists it can still seal 75 trade deals in 90 days, but what is that uncertainty doing to the economy in the meantime? Justin Wolfers, professor of public policy and economics at the University of Michigan, joins "America Decides" to discuss.
Stocks continue relief rally for third day
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
Dow soars more than 1,000 points amid relief rally
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
Economic report predicts slower growth
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Tesla's Q1 sales, profits below expectations
Tesla released its earnings report for 2025's first quarter Tuesday with sales and profits falling short of analyst expectations as CEO Elon Musk continues to focus on the Trump administration's Department of Government Efficiency. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Live
Trump says he is reviewing new Iran peace proposal
President Trump told reporters Saturday he is reviewing a new 14-point peace proposal that was submitted by Iran.
Spirit Airlines shutting down after failed effort at government rescue deal
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Golden Tempo wins 152nd Kentucky Derby, making history for its trainer
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Drugmaker asks Supreme Court to halt ruling blocking online access to mifepristone
A maker of the widely used abortion pill mifepristone asked the Supreme Court on Saturday to block an appellate court ruling that cut off mail-order access to the drug just a day earlier.
"This is it tonight": Spirit Airlines pilots sign off on final flights
Air traffic control audio records showed the exchanges between controllers and the pilots of some of Spirit Airlines' final flights
Vehicle carrying explosives crashes into Portland athletic club, driver dead
A vehicle carrying explosives crashed through the front entrance of an athletic club in downtown Portland, Oregon. The driver was killed.
Austrian police arrest suspect in connection to rat poison in baby food jars
The Burgenland State Criminal Police Office said the suspect was being questioned, and that no further details would be immediately provided.
Shakira draws 2 million spectators in free concert on Copacabana Beach
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
NFL whiff leads to lifesaving diagnosis for sales manager at Kentucky Derby
Attending this year's Kentucky Derby means more for thoroughbred expert Mark Toothaker, who suffered a seizure from laughing at a whiffed NFL field goal attempt that led to a lifesaving diagnosis.
U.S.
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Stalked woman shot at 14 times by ex-boyfriend during horrific 911 call
Gloria Choi and her friends called Lakewood, Washington, 911 four times in 48 hours to report her being stalked by an ex-boyfriend. Two days later, he ran her off the road and riddled her truck with bullets as she was on the line with a 911 dispatcher.
Golden Tempo wins 152nd Kentucky Derby, making history for its trainer
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Kentucky Derby brings eye-catching looks, from statement hats to standout suits
Held every spring in Louisville, Kentucky, the event is also known for its over-the-top hats and vibrant suits and dresses.
Vehicle carrying explosives crashes into Portland athletic club, driver dead
A vehicle carrying explosives crashed through the front entrance of an athletic club in downtown Portland, Oregon. The driver was killed.
"This is it tonight": Spirit Airlines pilots sign off on final flights
Air traffic control audio records showed the exchanges between controllers and the pilots of some of Spirit Airlines' final flights
MoneyWatch
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Berkshire Hathaway has 1st annual meeting without Warren Buffett
The company's first-quarter profit more than doubled as the value of its investments grew and most of its businesses improved.
Spirit Airlines shutting down after failed effort at government rescue deal
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Pickleball Inc. $225 million deal creates new home for sport
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
Exclusive
Ford CEO says company is focusing on making vehicles more affordable
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
What will a Spirit Airlines shutdown mean for travelers?
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights as the budget airline ceases operations.
Politics
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Tennessee, Alabama take steps to redraw House maps in wake of Supreme Court ruling
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
Trump tightens U.S. sanctions on Cuba, signaling a warning to the island, expert says
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
Judge rebukes prosecutors in hearing for accused correspondents' dinner gunman
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
Trump administration to cut 5,000 U.S. troops from Germany
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
Judge blocks Trump from ending deportation protections for Yemenis
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
HealthWatch
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Football practice was leaving a teen fatigued. A rare cancer was to blame.
Cameron Rider's fatigue, body aches and fever were diagnosed as pneumonia, but he couldn't seem to get better.
Drugmaker asks Supreme Court to halt ruling blocking online access to mifepristone
A maker of the widely used abortion pill mifepristone asked the Supreme Court on Saturday to block an appellate court ruling that cut off mail-order access to the drug just a day earlier.
FDA expands access to drug helping pancreatic cancer patients
Former Sen. Ben Sasse, 54, called daraxonrasib "a miracle drug" that was allowing him to live longer and with less pain.
Nebraska becomes first U.S. state to enact Medicaid work requirements
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
Delays in visa program threaten placement of hundreds of doctors in underserved areas
Hundreds of foreign doctors about to complete training in the U.S. will have to leave the country if the federal government doesn't rapidly process their visa waiver applications, immigration attorneys say.
World
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Austrian police arrest suspect in connection to rat poison in baby food jars
The Burgenland State Criminal Police Office said the suspect was being questioned, and that no further details would be immediately provided.
Shakira draws 2 million spectators in free concert on Copacabana Beach
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
Mexican governor accused by U.S. of drug trafficking temporarily steps down
The U.S. accuses Sinaloa Gov. Ruben Rocha Moya of working with cartels to distribute "massive quantities" of narcotics to the United States.
Starmer urges action at some Gaza protests after antisemitic attacks
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
Trump administration to cut 5,000 U.S. troops from Germany
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
Entertainment
More Entertainment
Shakira draws 2 million spectators in free concert on Copacabana Beach
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
5/2: Saturday Morning
Spirit Airlines announced it will cease operations after failing to secure a federal bailout. Meanwhile, President Trump rejected Iran's latest peace proposal.
NFL whiff leads to lifesaving diagnosis for sales manager at Kentucky Derby
Attending this year's Kentucky Derby meant more for thoroughbred expert Mark Toothaker, who suffered a seizure from laughing at a whiffed NFL field goal attempt that led to a lifesaving diagnosis.
Andy Serkis on "Animal Farm"
Andy Serkis, the iconic voice of Gollum in "Lord of the Rings," speaks with "CBS Saturday Morning" about his latest project, an animated version of George Orwell's "Animal Farm."
Manish Malhotra on his design journey
Indian fashion designer Manish Malhotra is no stranger to American red carpets, counting Beyoncé, the Kardashians and Rihanna as clients. Malhotra spoke with "CBS Saturday Morning" about his start as a Bollywood costume designer ahead of Monday's Met Gala.
Technology
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Technology
Reducing data center impact on U.S. power grid
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings beat expectations
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
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.
Elon Musk concludes testimony in OpenAI trial
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Elon Musk cross-examined in OpenAI trial
Elon Musk was cross-examined in his lawsuit against OpenAI on Thursday. In testimony on Wednesday, he said he was "a fool" for funding OpenAI. He is accusing OpenAI and its CEO, Sam Altman, of betraying him and the public by abandoning its core mission as it transitioned from a nonprofit to a for-profit company. WIRED senior writer Maxwell Zeff joins CBS News to discuss.
Science
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Science
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
Crime
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Stalked woman shot at 14 times by ex-boyfriend during horrific 911 call
Gloria Choi and her friends called Lakewood, Washington, 911 four times in 48 hours to report her being stalked by an ex-boyfriend. Two days later, he ran her off the road and riddled her truck with bullets as she was on the line with a 911 dispatcher.
New video of correspondents' dinner suspect
New video shows the alleged White House Correspondents' Dinner shooter breaching event security after roaming the hotel hallways prior to the dinner.
Starmer urges action at some Gaza protests after antisemitic attacks
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
3 months since Nancy Guthrie's disappearance
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
WHCA scholarship recipients on shooting
For more than 100 years, the White House Correspondents' Dinner has celebrated the First Amendment and freedom of the press. The annual event is also a fundraiser for journalism scholarships. This year, the White House Correspondents' Association awarded $156,000 in grants to 30 college students. Two recipients, Kaitlin Bender-Thomas and Madison Maynard, join "The Daily Report" to discuss the shooting.
Space
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Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX launches Falcon Heavy rocket carrying powerful satellite
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
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
The Love Bombing of Gloria Choi
A dream romance ends in murder after a woman falls for a stranger. "48 Hours" correspondent Natalie Morales reports.
Mountain lion cub with missing toes rescued
A mountain lion cub missing some toes was found alone in the Santa Monica Mountains at just three weeks old. Crimson is now being cared for at the Oakland Zoo, and has clawed his way into people's hearts. Itay Hod has the story.
Marine heatwave could bring extreme weather
The ocean off California keeps breaking heat records. Experts say it could produce a stormy summer that may threaten lives. Max Darrow explains.
States scramble to redistrict after major ruling
Alabama and Tennessee are the latest states rushing to redraw congressional districts after a Supreme Court ruling that further weakens the Voting Rights Act of 1965. Nikole Killion reports.
Abortion pill maker makes Supreme Court plea
A drugmaker of mifepristone filed an emergency appeal to the Supreme Court to restore access for Americans who receive the abortion pill by mail.