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Pearl Jam’s Eddie Vedder on writing songs while surfing

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Pearl Jam is one of the world’s biggest, well-respected rock groups. Now, in a rare extensive interview with correspondent Anthony Mason, Eddie Vedder and bass player Jeff Ament open up about the band’s founding, being together for nearly 35 years, their latest album, and more for “CBS Sunday Morning,” to be broadcast Sunday, September 22 on CBS and streamed on Paramount+.

Mason caught up with Pearl Jam while on tour for a revealing, personal look, in which Vedder and Ament talk about their childhoods, making music together, their dedicated fan base, being on tour, growing older, and their friendship.

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Jeff Ament and Eddie Vedder of Pearl Jam. 

CBS News


Watch the excerpt in the video player above featuring Vedder talking about writing lyrics while surfing to an instrumental tape sent to him by a group of Seattle musicians, and bassist Jeff Ament’s reaction when he heard them:

EDDIE VEDDER: I was doing those midnight shifts security. So, when I went for a surf in the morning … I remember it being super foggy and one of those days where you think, ‘Maybe I won’t go out.’ … But I had the music in my head, the instrumental, and just kind of wrote it. And then, I was still wet when I hit ‘record.’

ANTHONY MASON:  When you heard what he sent back, what did you think?

JEFF AMENT:  I listened to it. And then I remember I left and went and got a coffee, and then I came back, and I listened to it again. … And then I remember calling Stone [Gossard] and I said, ‘You need to come over here right now.’

Ament, and guitarists Stone Gossard, and Mike McCready flew Vedder up to Seattle to audition.

VEDDER: It was just, I was like, you felt it. Like, you were like, ‘Oh, this is what it is. Like, this is heaven.'”

You can stream Pearl Jam’s latest album, “Dark Matter,” by clicking on the embed below (Free Spotify registration required to hear the tracks in full):

The Emmy Award-winning “Sunday Morning” is broadcast Sundays on CBS beginning at 9 a.m. ET. “Sunday Morning” also streams on the CBS News app [beginning at 11 a.m. ET] and on Paramount+, and is available on cbs.com and cbsnews.com.

Be sure to follow us at cbssundaymorning.com, and on TwitterFacebookInstagramYouTube and TikTok.

     
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Stocks surge a day after Federal Reserve’s first interest rate cut since 2020

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Fed cuts interest rates, what happens now?


Fed cuts interest rates, what happens now?

02:50

Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank’s move to head off a slowdown in U.S. economic growth.  

The Dow Jones Industrial Averages jumped 479 points, or 1.1%, as of 10:02 a.m. Eastern time to 41,982. The S&P 500 climbed 87 points, or 1.6%, while the tech-heavy Nasdaq jumped 2.3%.

“Stocks are exploding higher as markets absorb the Fed’s outsized rate cut,” Adam Crisafulli of Vital Knowledge said in a note to investors.

The half-point move signals that the Fed is acting aggressively to keep the U.S. economy from stalling, given that historically most rate cuts are 0.25 percentage points. The rate cut will provide some relief to U.S. consumers struggling with high borrowing rates impacting credit cards, mortgages and auto loans.


How the Fed’s interest rate reduction will impact your finances

03:00

Stocks rose modestly immediately after the Fed’s announcement that it was lowering rates for the first time since March 2020. But with a day to digest the move, which included new data from the central bank forecasting solid economic growth in 2025, investors seemed buoyed in morning trade.

“I don’t see anything in the economy right now that suggests that the likelihood of a downturn is elevated — you see growth at a solid rate, you see inflation coming down and a labor market that is still at very solid levels,” Fed Chair Jerome Powell said in a press conference on Wednesday to discuss the rate cut. 



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The best mountain bikes in 2024 for every kind of rider

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Whether you’re barreling down a mountainside or taking a leisurely ride along your local trail, a great mountain bike is key. But what exactly does a great mountain bike look like, in terms of features? It depends on the kind of terrain and riding style you do.

The best mountain bike for long, cross-country rides will have very different specs than a downhill bike. Some offer full suspension for a smooth ride on bumpy trails. Some have wider tires that are better at gripping wet or sandy terrain. Some are designed for maximum pedaling efficiency and serious stopping power so you can climb steep mountainsides without wearing yourself out. No matter where you and your new bike are headed this fall, we’ve rounded up the best mountain bikes for every rider and every terrain in 2024. Don’t forget to strap on your bike helmet.


Best mountain bike for beginners: Giant Talon 29 1

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Mike’s Bikes


The Giant Talon 29 1 is a solid entry-level mountain bike at a reasonable price point. With its balanced frame geometry and high-traction tires, it’s great for a comfortable, stable ride on most trails. While that means it’s not specialized for uphill climbs or cross-country speed, the balanced design is great for beginners or casual riders who aren’t planning to tackle those more challenging technical trails just yet.

With 80mm to 100mm of suspension travel, this hardtail mountain bike strikes that perfect balance of pedaling efficiency and shock absorption.

Riders can also adjust the suspension within that range by adjusting the air spring and the rebound damping. That gives you improved steering precision and a better ride feel since you can tailor it to your needs. If you’re a beginner, it may take some trial and error to fine-tune those settings, but playing around with them is a great way to learn how suspension impacts your ride.

Get this reliable entry-level mountain bike at Mike’s Bikes for $950.

Top features of the Giant Talon 29 1:

  • Grippy tires offer great traction in any trail conditions.
  • The balanced frame geometry makes this a comfortable bike for most riders.
  • The adjustable suspension fork allows you to fine-tune this mountain bike for your needs.

Best trail bike: Santa Cruz Tallboy C R

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Backcountry


A full-suspension mountain bike with 120mm and 130mm suspension travel on the rear and front, respectively, it doesn’t get cushier than the Santa Cruz Tallboy C R (at least, not at this price point). Built for cross-country or trail riding, this bike’s design allows you to glide through rocky terrain almost as if you were just cruising on a paved road. That suspension also helps cushion the impact on pops and short drops so you can build up speed while navigating the trail with confidence.

With that said, it can be a little sluggish on uphill climbs. But if you typically stick to more straightforward trails, you won’t have to deal with that issue. For those just-for-fun weekend trail rides, this is the mountain bike you want.

Get this comfortable, agile trail bike at Backcountry while it’s on sale for $3,849 (reduced from $4,799).

Top features of the Santa Cruz Tallboy C R:

  • Boasting full suspension, this mountain bike is a comfy ride no matter how bumpy the terrain.
  • The carbon C frame is both lightweight and stiff for better control and improved agility.
  • The four-piston brakes offer excellent stopping power.

Best fat tire mountain bike: State 6061 Trail+

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State Bicycle Co.


For wet or sandy trails, traction is everything, which means you need a fat tire bike like the State 6061 Trail+. With 4.5-inch wide tires that can handle running even at low PSI, this mountain bike can grip the trail no matter how loose or slippery.

Whether you want to cruise along sandy beaches or power through snowy mountain trails, the stability of this fat tire bike is the key to doing so safely and confidently. You won’t be building up much speed, but you’ll have a lot of fun plowing through trails that a standard trail bike couldn’t even touch.

Get this fat tire bike directly from State Bicycle Co. for $1,000.

Top features of the State 6061 Trail+:

  • Thick 4.5-inch tires provide extra grip for wet or loose terrain like snow, sand and mud.
  • With low PSI capabilities, you can lower the tire pressure to widen the surface area even further to maximize your grip on soft, slippery trails.
  • The alloy frame is stiff and strong without adding any more bulk than necessary.

Best mountain bike under $500: Huffy Stone Mountain

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Amazon


The Huffy Stone Mountain is a hardtail mountain bike that is lightweight and offers good traction for navigating trails. The budget-friendly bike is missing a lot of the features you’ll find on the more advanced mountain bikes listed above. However, if you’re just starting out and just want to get out on a trail to see if you like mountain biking, this is a good bike to start with.

While you can’t take it on any serious trails, it’s got the basics you need for easy local bike trails. Use it to get a feel for the sport and then upgrade to a mountain bike better suited to the kind of trails you want to tackle. Then, pass this Huffy Stone Mountain on to a friend or teen who’s curious about mountain biking.

A bestseller on Amazon, this budget mountain bike is available for as low as $200.

Top features of the Huffy Stone Mountain:

  • This budget entry-level bike is great for casual rides on easy bike trails.
  • A wide variety of frame and wheel sizes allows you to get the right fit for your height.
  • The lightweight, high-traction design is just enough to let you get a feel for mountain biking before committing to a higher-priced mountain bike with more advanced features and customizability.

Shop more top-rated mountain bikes:


What type of mountain bike should a beginner get?

The best mountain bike for a beginner is a balanced, versatile one. Since you’re probably not tackling steep inclines and declines yet, opt for a trail bike that offers great traction, strong brakes and easy maneuverability along bumpy, muddy trails. That means grippy tires and responsive steering so you can confidently control your bike over tree roots, up hills and on descents.

If the trails you’re eager to go on are largely uphill, look for a bike that’s lightweight with a firmer pedaling platform. Those two features will improve climb efficiency so you’re not wearing yourself out on those uphill stretches.


Do I need a full-suspension mountain bike?

You don’t need a full-suspension mountain bike, but they are nice to have. Unlike hardtail mountain bikes, which only have suspension in the front, full-suspension mountain bikes have suspension in both the front and rear. That extra suspension helps absorb shock, cushioning the impact as you hop over bumps or navigate downhill jumps and drops.

That cushier feel can be nice even on milder trail rides, but they tend to be significantly more expensive and require more maintenance than a hardtail mountain bike. So it might not be worth the extra expense and care if you don’t usually do technical trails or downhill riding. 




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