Stocks waver and oil prices rise after Israeli missile strike on Iran
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Stocks for former President Donald Trump's Truth Social parent company are sinking. Javier E. David, the business and markets managing editor for Axios and a CBS News contributor, breaks down the factors affecting Trump Media & Technology Group's shares.
New data from the Labor Department shows the U.S. added 303,000 jobs in March, beating the Dow Jones estimated gain of around 200,000 jobs. CBS News business analyst Jill Schlesinger breaks down the numbers and acting Labor Secretary Julie Su joins CBS News with her reaction.
Disney stockholders gave the company's current leadership a win on Wednesday, reelecting all 12 board members and rejecting two hedge funds that fought for seats. Brooks Barnes, senior staff writer for The New York Times, joins CBS News to discuss what the results mean for the company's future.
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Trading began Tuesday for the Trump Media & Technology Group, parent to former President Donald Trump's Truth Social media platform. The firm ended the day at nearly $58 per share with a total valuation of $7.9 billion. Amrith Ramkumar, finance reporter for The Wall Street Journal, joins CBS News to assess the stock's debut performance.
Reddit made its stock market debut Thursday, raking in about $519 million by the closing bell. Hope King, senior business reporter at Axios, joins CBS News to discuss what investors might find attractive about the social media company.
Reddit, the popular social media platform, has gone public after almost two decades after its launch. CBS News senior business and technology correspondent Jo Ling Kent has more on what Reddit will have to modify as it seeks to make profits for shareholders.
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
A recent New York Federal Reserve analysis shows Americans under 40 are benefiting from the rising stock market. Alicia Adamczyk, a senior writer for Fortune, has been reporting on the surge among younger generations.
Younger workers enjoyed the biggest percentage gain in wealth since the pandemic, the New York Federal Reserve found.
Several factors, like the boom in artificial intelligence in the past few years, have created higher value for tech companies stocks in the market that are driving market gains. Joe Rennison covers financial markets for The New York Times and joins CBS News with his take on the strength of the "magnificent seven" group of tech stocks.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
The Dow Jones, NASDAQ and S&P 500 all closed relatively flat on the first Friday of 2024. Javier David, Axios managing editor for business and markets, and Kristin Myers, editor-in-chief and senior vice president of ETF.com, join CBS News to recap the week on Wall Street.
If you're looking to grow your 401(k) you may need to keep an eye on it more than usual this year as an unsettled market presents opportunities. Bourree Lam, an author of The Wall Street Journal book "The New Rules of Money," joined CBS News to talk about ways to increase your retirement fund.
A $14 billion deal for Japan's Nippon Steel to buy out U.S. Steel is facing stiff opposition. CBS Pittsburgh money and politics editor Jon Delano examines the details of the sale — and why lawmakers oppose it.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
The Dow soared more than 500 points on Wednesday, closing over 37,000 for the first time. The surge came after the Federal Reserve said it is keeping interest rates unchanged for the third time in a row. Gregory Daco, chief economist at Ernst and Young, joins CBS News to unpack the Fed's decision.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The Arena Group has fired a few executives following public backlash over Sports Illustrated's alleged use of AI to create fake content.
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
Police ended protesters' occupation of a Columbia University building but violence erupted at UCLA and the University of Arizona as schools stepped up efforts to end demonstrations.
A similar repeal of Arizona's 1864 abortion ban passed the GOP-controlled House last week, and Gov. Katie Hobbs has said she'd sign the measure.
The Fed is keeping its benchmark interest rate in a range of 5.25% to 5.5%, the level it's held since July 2023.
Columbia University called in the NYPD and cleared protesters from campus, ending a pro-Palestinian encampment on the school's main lawn.
A bear cub is thriving after she was orphaned when a group of people were caught on camera pulling her from a tree to take pictures.
Officials say that a school shooting threat was "neutralized" at a middle school west of Madison, Wisconsin, Wednesday morning, with no reported injuries to those inside the school.
A man's physical and verbal threats caused the United flight from London to Newark, New Jersey, to divert to Bangor, Maine.
The USDA tested 30 samples from states with herds infected by H5N1.
An Oklahoma couple is in the ICU with broken backs and necks after a tornado tossed their truck into trees.
The USDA tested 30 samples from states with herds infected by H5N1.
A man's physical and verbal threats caused the United flight from London to Newark, New Jersey, to divert to Bangor, Maine.
A bear cub is thriving after she was orphaned when a group of people were caught on camera pulling her from a tree to take pictures.
Prosecutors asked for a September retrial for Harvey Weinstein.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
A man's physical and verbal threats caused the United flight from London to Newark, New Jersey, to divert to Bangor, Maine.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
"It's like trying to send a rocket to the moon in 1910 when the Wright Brothers were still working on their planes," one expert said.
UnitedHealth CEO Andrew Witty told lawmakers that its subsidiary Change Healthcare didn't have multifactor authentification.
A similar repeal of Arizona's 1864 abortion ban passed the GOP-controlled House last week, and Gov. Katie Hobbs has said she'd sign the measure.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
Rep. Marjorie Tyalor Greene has dangled the threat of dethroning Johnson since late March after he relied on Democrats to push through a $1.2 trillion spending bill to avert a government shutdown.
Democratic state Sen. Timothy Kennedy won a special election for the New York congressional seat left vacant by Democrat Brian Higgins' departure from Congress.
The FBI's searches, some of which were deemed to be improper in the past, were a flashpoint in a months-long fight in Congress over the reauthorization of Section 702 of FISA.
The USDA tested 30 samples from states with herds infected by H5N1.
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
CBS News medical contributor Dr. Céline Gounder explains why experts hope more aggressive screening guidelines will help address some concerning breast cancer trends.
Recall involves shelled walnuts distributed in 19 states and sold in bulk bins at natural food and co-op stores.
Cat deaths and neurological disease are "widely reported" around farms where the H5N1 bird flu virus was detected, health officials say.
It marks the first time in recent memory that anyone claimed to have found such a body disposal site in the capital.
Kenya's Red Cross says it helped rescue dozens of people from the Maasai Mara game park as deadly floods spreads across the region.
Blue holes are considered an "oasis" for marine life – but the Taam Ja' Blue Hole off the coast of Mexico remains largely mysterious.
Britain's government is claiming a "major milestone" in its controversial plan to fly anyone arriving in the U.K. without permission to Rwanda.
State media reported that a long section of a highway collapsed Wednesday in southern China, killing dozens.
Prosecutors asked for a September retrial for Harvey Weinstein.
Judi Dench has tackled nearly every female role in William Shakespeare's plays, from Juliet to Cleopatra.
In her seven-decade career, Dame Judi Dench has played nearly every female character in William Shakespeare's plays, from Juliet to Cleopatra. Dench and her late husband even used to refer to Shakespeare as "the man who pays the rent." That's also the title of her new book, written with her friend Brendan O'Hea. First on "CBS Mornings", she shares stories from a lifetime of iconic Shakespearean roles and much more with Anthony Mason.
See who's nominated for the 77th annual Tony Awards. The Tonys will air live on CBS and Paramount+ on Sunday, June 16.
Only on CBS Mornings, Tony Award-winning actors Jesse Tyler Ferguson and Renée Elise Goldsberry announced the nominations in six key categories for the 77th Annual Tony Awards.
Pollen counters are turning to artificial intelligence as seasonal allergies worsen due to climate change. CBS News national correspondent Dave Malkoff explains how technology is changing the long and tedious process of pollen counting.
Artificial intelligence assistants may soon be able to do much more than play your favorite music or call your mom, but some Google researchers warn about possible ethical dilemmas. CBS News reporter Erica Brown has more.
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.
A newly-filed lawsuit targets two of the biggest generative AI platforms in the world, Open AI, the creators of ChatGPT and Microsoft's Copilot AI program.
If you think allergies are worse this year, you aren't imagining it. CBS News correspondent Dave Malkoff shows us how a hyperlocal pollen count could help people manage symptoms better.
The group of nations in the G7 have announced an agreement to phase out coal power plants by 2035. CBS News senior national and environmental correspondent Ben Tracy reports.
Blue holes are considered an "oasis" for marine life – but the Taam Ja' Blue Hole off the coast of Mexico remains largely mysterious.
Pollen counters are turning to artificial intelligence as seasonal allergies worsen due to climate change. CBS News national correspondent Dave Malkoff explains how technology is changing the long and tedious process of pollen counting.
The bugs emit a loud, droning buzzing sound when they emerge — signaling they are ready to mate.
Officials from the National Weather Service and the CDC are already warning Americans about record-high temperatures in the coming months thanks to seasonal changes in the La Niña climate pattern. With these rising temperatures, there's also a higher risk of wildfires and droughts. Scott Dance, a climate reporter for The Washington Post, joined CBS News to discuss the forecast.
The shooting occurred at an apartment complex in west Fort Worth, authorities said.
Officials say that a school shooting threat was "neutralized" at a middle school west of Madison, Wisconsin, Wednesday morning, with no reported injuries to those inside the school.
It marks the first time in recent memory that anyone claimed to have found such a body disposal site in the capital.
MS-13 members targeted random civilians so they could increase their status within the gang, prosecutors said.
At least four law enforcement officers were killed during an operation in Charlotte, North Carolina, on Monday. Johnny Jennings, chief of the Charlotte-Mecklenburg Police Department, joins CBS News to discuss the case.
Boeing is set to launch its first-ever spaceflight with humans next week. The Starliner spacecraft will lift off from Florida on Monday night for a multi-day mission to the International Space Station. Commander Barry "Butch" Wilmore and pilot Sunny Williams, two seasoned NASA astronauts who are a part of the mission, join CBS News to go over the flight.
The Horsehead Nebula, which NASA has called "one of the most distinctive objects in our skies," is located in the constellation Orion.
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.
In 1961, Ed Dwight was selected by President John F. Kennedy to enter an Air Force training program known as the path to NASA's Astronaut Corps. But he ultimately never made it to space.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
A colony of bees discovered behind home plate delayed a Major League Baseball game for nearly two hours Tuesday night between the Arizona Diamondbacks and Los Angeles Dodgers in Phoenix. Matt Hilton, a professional beekeeper, came to the rescue.
Boeing is set to launch its first-ever spaceflight with humans next week. The Starliner spacecraft will lift off from Florida on Monday night for a multi-day mission to the International Space Station. Commander Barry "Butch" Wilmore and pilot Sunny Williams, two seasoned NASA astronauts who are a part of the mission, join CBS News to go over the flight.
The Biden administration announced its latest round of student debt relief Wednesday. More than $6 billion will be canceled for 317,000 borrowers who enrolled at any Art Institutes campus between 2004 and 2017. CBS News reporter Haley Ott has more.
The Federal Reserve announced Wednesday it is keeping interest rates steady. The move comes as the central bank continues to deal with inflation. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss.
UnitedHealth CEO Andrew Witty issued an apology while testifying before a House committee Wednesday about the cyberattack against subsidiary Change Healthcare that paralyzed insurance payments to hospitals, pharmacies and medical practices nationwide. Nicole Sganga has details.