Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
MoneyWatch
Latest News
Investors shrug off concerns after Trump says he removed Fed official
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Trump says he's fired Federal Reserve board member Lisa Cook
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors — a dramatic move after months of public attacks against the central bank.
Why Cracker Barrel's new logo is a flop, according to branding experts
Cracker Barrel badly misread its own customer base — and our culturally sensitive times — in trying to spruce up its image, experts say.
Whirlpool hopes Trump's tariffs will give company a competitive edge
Here's why American appliance maker Whirlpool thinks Trump's tariffs will help its business.
The Fed's Powell is worried about the job market. Here are 3 red flags.
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.
Southwest Airlines' upcoming policy for plus-sized passengers questioned
Southwest Airlines will soon require travelers who don't fit within the armrests of their seat to pay for an extra one in advance, part of a string of recent changes the carrier is making.
More homesellers are pulling their properties off the market. Here's why.
Unable to find buyers, a growing number of Americans are pulling their homes off the market rather than compromise on price.
More than 1.4 million Honda and Acura cars probed over engine failures
Reports of engine problems involving some older Honda and Acura vehicles spur probe by the National Highway Traffic Safety Administration.
Managing Your Money
More
Why a reverse mortgage makes sense for seniors this September
There are multiple timely reasons why a reverse mortgage makes sense for seniors this September. Here are three.
What to do if you can't afford your credit card payments this September
Rising costs and high rates are making it tough to stay on top of debt. Here's what to do if you're struggling.
Will gold prices fall this September?
Investors looking for an affordable opportunity to get started with gold should consider these items this September.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
What to know about Trump's push to open 401(k) to crypto and private equity
President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.
Trump opens the door for crypto and private equity in your 401(k) plan
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
How the FIRE movement is inspiring early retirees
Nik and Adinah Johnson, who retired in their forties, are part of FIRE (Financial Independence, Retire Early), a movement that looks at work as a means to an end, and where frugality buys freedom from the rat race.
Work
Women making strides at work have one thing in common: a college degree
New research shows a growing divide between women in the workforce who hold a college degree and those who do not.
Recent college graduates face a new obstacle in finding a job: AI
Unemployment is rising among recent college grads as employers turn to artificial intelligence to handle entry-level work.
Layoffs across the U.S. reach highest level since 2020. Here's why.
Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, according to an outplacement firm.
U.S.
More U.S.
Florida could be next big target for GOP redistricting before 2026 elections
Florida has plans to target three to five House seats held by Democrats.
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Jack Smith lawyers say basis of ethics probe against him is "imaginary"
An ethics probe has been launched into Jack Smith's handling of two investigations of Donald Trump before the 2024 election.
Videos show dust storm sweeping through Phoenix area
A massive dust storm hit the Phoenix area Monday, causing power outages, knocking down trees and forcing a temporary ground stop at the city's main airport.
Oregon safari park owner indicted on more than 300 animal neglect charges
West Coast Game Park Safari owner Brian Tenney was indicted on more than 300 counts of animal neglect and other charges after police said they found drugs and guns at the facility.
MoneyWatch
More MoneyWatch
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Whirlpool hopes Trump's tariffs will give company a competitive edge
Here's why American appliance maker Whirlpool thinks Trump's tariffs will help its business.
Investors shrug off concerns after Trump says he removed Fed official
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Southwest Airlines' upcoming policy for plus-sized passengers questioned
Southwest Airlines will soon require travelers who don't fit within the armrests of their seat to pay for an extra one in advance, part of a string of recent changes the carrier is making.
Trump moves to fire Fed's Lisa Cook as she vows to sue
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.
Politics
More Politics
Florida could be next big target for GOP redistricting before 2026 elections
Florida has plans to target three to five House seats held by Democrats.
Exclusive
Texas man arrested for allegedly making bomb threats outside ICE facility
A Dallas man was arrested for allegedly approaching an ICE facility and claiming he had a bomb, a senior Homeland Security official tells CBS News.
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Jack Smith lawyers say basis of ethics probe against him is "imaginary"
An ethics probe has been launched into Jack Smith's handling of two investigations of Donald Trump before the 2024 election.
Exclusive
U.S. to resume "neighborhood checks" for citizenship applications
The Trump administration is reinstating a long-dormant practice of conducting "neighborhood checks" to vet immigrants applying for U.S. citizenship.
HealthWatch
More HealthWatch
Quit‑smoking ads are ending. A former smoker fears what comes next.
For 13 years, the CDC's "Tips" ads shared real stories and free quitline support. With funding ending, experts worry fewer people may quit.
CDC anti-smoking ads set to end
For over a decade, the CDC's anti-smoking ads and 1-800-QUIT-NOW hotline have helped Americans kick the habit. Now, both face an uncertain future after budget cuts. Dr. Celine Gounder explains where people can still turn for help.
Surprising ways to get more calcium in your diet
Not a milk drinker? Not a problem. There are still expert-approved ways to get calcium in your diet from sources you may not know contain the bone-supporting mineral.
Guide to aging with power
Orthopedic surgeon and author Dr. Vonda Wright joins "CBS Mornings" to discuss her new book, "Unbreakable: A Woman's Guide to Aging with Power," which offers practical advice on fitness, diet and living a long and healthy life.
New push to spot youth mental health issues
The American Academy of Pediatrics has issued new guidelines calling for doctors to screen children for mental, emotional, and behavioral issues as early as infancy. CBS News medical contributor Dr. Celine Gounder has more.
World
More World
Police in Spain bust animal trafficking ring, including endangered species
The investigation in eastern Valencia began several months ago when officers saw a listing on an internet site offering "protected species for sale."
Israel says strike that killed journalists targeted a camera used by Hamas
Israel's military says a strike that killed 20 people at a hospital, including 5 journalists, targeted a camera purportedly used by Hamas to observe troops.
2 men publicly caned for hugging and kissing in Indonesia
Sharia law in Indonesia's Aceh province allows up to 100 public lashes for morality offenses including gay sex and sex between unmarried people.
2 officers "murdered in cold blood" in Australia, triggering manhunt
The suspect killed a 59-year-old detective and a 35-year-old senior constable, police said. Another detective was shot and was undergoing surgery.
Village swallowed by the sea 8,500 years ago found off Denmark
Divers have collected evidence of a Stone Age settlement lost to rising seas after the last ice age from the seabed off Denmark's coast.
Entertainment
More Entertainment
Taylor Swift and Travis Kelce get engaged, share proposal photos
Taylor Swift and Travis Kelce announced the news of their engagement with photos of the ring and proposal on Instagram.
Brian Kelley talks new album
Brian Kelley, one half of the Grammy-nominated duo Florida Georgia Line, has launched a solo career. He joins "CBS Mornings Plus" to talk about his new album, "Sunshine State of Mind Season Two, Chapter One."
Woody Allen, slammed by Ukraine for speaking at Russian film festival, responds
The Ukrainian Foreign Ministry condemned Woody Allen for speaking virtually at a Russian film festival, calling his participation "a disgrace and an insult" to the victims of Russia's invasion of Ukraine.
Jerry Adler, "Sopranos" and "The Good Wife" actor, dies at 96
Jerry Adler's acting credits include "The Sopranos" and "The Good Wife." He also had 53 Broadway productions to his name, all behind the scenes.
New Orleans artist and "beadmaster" Demond Melancon
Michelle Miller delves into the centuries-old Carnival tradition of Black Masking, and talks with artist Demond Melancon, who creates elaborate beaded suits as the Big Chief of the Young Seminole Hunters Black Masking Tribe. [First aired 5/18/25.]
Technology
More Technology
Technology
Wired: AI eliminating young workers' jobs
Artificial intelligence is growing at a rapid pace, leaving some young workers wondering what the technology means for their future. According to a report from Wired, economists at Stanford University say they've found the strongest evidence yet that AI is starting to eliminate certain jobs for young people. Will Knight, senior writer at Wired and author of the A.I. Lab newsletter, joins CBS News to discuss.
North Texas nonprofit transforms lives by bringing technology to the blind
Computers for the Blind refurbishes donated computers and equips them with powerful accessibility software, providing life-changing technology to thousands who would otherwise go without.
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.
Roblox battles hate speech spread on its platforms despite ban
CBS News documented dozens of swastikas and at least a dozen instances of hate speech targeting minority groups across Spray Paint! Servers.
Technology helps restaurant owner recover after severe stroke
Tommy Fello struggled to regain function after a stroke affected the left side of his body. A new technology is making a difference.
Science
More Science
Village swallowed by the sea 8,500 years ago found off Denmark
Divers have collected evidence of a Stone Age settlement lost to rising seas after the last ice age from the seabed off Denmark's coast.
World's first commercial carbon storage facility gets first CO2 injection
The first commercial carbon storage facility has been inaugurated off Norway's coast, but is storing CO2 deep under the seabed really the answer?
U.S. scientists work to preserve vulnerable species at a Smithsonian lab
Experts at the Smithsonian Conservation Biology Institute care for endangered species on 32,000 sprawling acres in Northern Virginia.
See Hurricane Erin from the International Space Station
As Hurricane Erin hovered over the Atlantic Ocean, the first hurricane of the 2025 Atlantic hurricane season was spotted from above by cameras on the ISS.
Capturing the melting of glaciers, with data and art
For more than 40 years, glaciologist Mauri Pelto has been measuring shrinking glaciers in Washington State. He's been joined by his daughter, artist-scientist Jill Pelto, whose watercolors provide another view of the drastically-changing landscape.
Crime
More Crime
Crime
State of crime in D.C. since Trump crackdown
It's been a little more than two weeks since President Trump launched a crackdown on crime in Washington, D.C. CBS News Department of Justice correspondent Scott MacFarlane looks at where the crime data stands.
Police in Spain bust animal trafficking ring, including endangered species
The investigation in eastern Valencia began several months ago when officers saw a listing on an internet site offering "protected species for sale."
House committee subpoenas Epstein estate
The House Oversight Committee subpoenaed Jeffrey Epstein's estate seeking relevant documents, including an alleged note that President Trump apparently wrote to Epstein. CBS News' Jake Rosen has more.
Congress investigates D.C. crime data
Congress is investigating Washington, D.C., police crime data following allegations that the numbers were manipulated. CBS News' Jake Rosen has more details.
2 officers "murdered in cold blood" in Australia, triggering manhunt
The suspect killed a 59-year-old detective and a 35-year-old senior constable, police said. Another detective was shot and was undergoing surgery.
Space
More Space
SpaceX resets Super Heavy-Starship's 10th test flight again, for tonight
SpaceX hopes to pick up the pace with Super Heavy-Starship test flights amid concern the rocket may not be ready in time for a planned 2027 moon landing.
SpaceX cargo ship brings needed supplies to space station
Along with delivering needed supplies and equipment, the Dragon features a "boost kit" to help raise the space station's altitude.
SpaceX reschedules Super Heavy-Starship test flight after ground systems issues
Taking no chances, SpaceX called off an attempt to launch its huge Super Heavy-Starship rocket after running into problems with ground equipment.
SpaceX launches 33rd cargo delivery mission to the International Space Station
SpaceX sent up a Dragon capsule loaded with 2.5 tons of equipment and supplies, along with an add-on thruster kit to help maintain the lab's altitude
SpaceX launches unpiloted X-37B spaceplane on classified mission
During its secretive mission, the X-37B will test new laser communications gear and a "quantum" navigation sensor.
Latest Galleries
More Latest Galleries
Summer music heats up 2025
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.
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.
"Son of Sam": A serial killer's reign of terror
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Evidence in the Suzanne Morphew case
Bizarre clues and evidence in the investigation into the Colorado mother's disappearance include a spy pen, plastic needle cap, and a chipmunk alibi.
Attack on Pearl Street Mall in Boulder
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Changes coming to House Freedom Caucus
Four members of the House Freedom Caucus are set to exit Congress after the 2026 midterms. Paul Kane, senior congressional correspondent for the Washington Post, joins "The Takeout" to examine what's driving the lawmakers out.
Cracker Barrel rebrand unites Trump, Democrats
Cracker Barrel's rebrand is marking a rare moment of consensus between Republicans and Democrats. Political strategists Terry Sullivan and Kendra Barkoff Lamy join "The Takeout" with analysis.
Breaking down Taylor Swift's engagement news
Music superstar Taylor Swift is engaged to 10-time NFL Pro Bowler Travis Kelce, the pair announced in a social media post on Tuesday. CBS News' Jo Ling Kent and Nancy Cordes have more.
FEMA employees warn of lack of preparedness
Nearly 200 current and former FEMA employees warn in an open letter, called the "Katrina Declaration," that the Trump administration has left the country underprepared to respond to natural disasters. Former FEMA Press Secretary Jeremy Edwards, who signed the declaration, joins "The Takeout" to discuss.
DNC members clash over how to address Gaza
Members of the Democratic National Committee clashed over how the party should address the ongoing war in Gaza during its annual summer meeting on Tuesday. CBS News political reporter Hunter Woodall has the details.