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Overseas markets show signs of recovery
After a volatile week of trading, overseas stocks shot higher in early trading. Betty Nguyen reports.
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After a volatile week of trading, overseas stocks shot higher in early trading. Betty Nguyen reports.
The volatile stock market has now changed direction eight times in eight days. This time the Dow is up more than 400 points. Rebecca Jarvis explains what's behind the giant swings.
A 51-year-old Mo. woman was so angry about the historic U.S. credit downgrade, she spent $895 to hire an airplane to fly around New York City pulling a banner that read, "Thanks for the downgrade. You should all be fired!" Rebecca Jarvis talks Lucy Nobbe about why she decided to share her message in such a public way.
Rebecca Jarvis talks to Steve Forbes, Chairman and Editor in Chief of Forbes Media and former Republican Presidential candidate about what it will take to fix the economy.
The stock market continues its roller coaster ride, this time, plunging more than 500 points. Jeff Glor reports from the New York Stock Exchange and talks to Wall Street veteran Art Cashin, of UBS Financial Services, for his perspective on the crisis.
Investor fears over the U.S. heading into another recession and the threat of a European banking crisis sent the Dow dropping more than 500 points. Rebecca Jarvis reports on what's behind the stock market's wild swings.
Scott Pelley asks to Mohammed el-Alarian, the co-chief executive officer of treasury bonds giant Pimco, about the possibility of the U.S. slipping into a second recession - what is causing it and what can be done to stop it.
CBS News Chief White House Correspondent Norah O'Donnell asked White House Press Secretary Jay Carney what role President Obama played in picking members of the debt super committee.
Financial markets around the world are bouncing back following an announcement by the Federal Reserve. Alexis Christoforous reports.
Standard and Poor's two main rivals, Fitch and Moody's, disagree with the downgrade of the U.S. credit rating; other critics say S&P was wrong on the basic facts. Wyatt Andrews reports.
Chris Wragge and Rebecca Jarvis talk to Carmen Wong Ulrich, personal finance expert and author of "The Real Cost of Living," about what the drop in the Dow Jones means for consumers and investors.
President Obama tried to reassure Americans on the economy after the downgrade of the U.S. credit rating. Norah O'Donnell reports on Mr. Obama's address, which included new job-creating proposals.
Moody's Analytics Chief Economist Mark Zandi speaks to Erica Hill about the sharp slump in the stock market and whether the economy is headed for a double-dip recession.
The downgrade of the U.S. credit rating has led to a deep downturn in the stock market. Jeff Glor reports on the latest details on the largest one-day drop since 2008.
President Obama tried to reassure Americans about the underlying strength of the economy after Standard & Poor's lowered the country's credit rating for the first time in history. Norah O'Donnell reports.
Wall Street experienced a huge sell off in the first trading session since Standard and Poor's downgraded America's credit rating; the Dow plunging more than 600 points. Anthony Mason reports.
CBS News Chief White House Correspondent Norah O'Donnell asked White House Press Secretary Jay Carney if President is lacking urgency after U.S. debt was downgraded.
As the closing bell rang at the New York Stock Exchange, the Dow Jones industrial average closed below 11,000 points after Standard & Poor's downgraded the U.S. credit rating. Anthony Mason reports.
President Obama tried to ease fears Monday after the markets tanked upon reacting to Standard and Poor's downgrade of U.S. debt.
CBS News' Anthony Mason and Norah O'Donnell offer analysis and wrap-up of President Obama's speech on the economy following S&P's downgrading of the U.S. credit rating and the Chinook transport helicopter that was shot down in Afghanistan, killing 30 Americans.
President Obama's full speech on the economy following S&P's downgrading of the U.S. credit rating and the Chinook transport helicopter that was shot down in Afghanistan, killing 30 Americans. CBS News' Anthony Mason and Norah O'Donnell report.
Chief Washington correspondent Norah O'Donnell speaks to Chris Wragge about President Obama's return from a long-weekend that brought word of the U.S. credit downgrade and the Afghanistan helicopter crash.
Roben Farzad of Bloomberg Businessweek speaks to "The Early Show" anchors about the impact of Standard & Poor's downgrade of U.S. credit on investors and American consumers.
Partisan bickering continues in Washington in the aftermath of the downgrade of U.S. credit. Whit Johnson reports.
Strategas Chief Investment Strategist Jason Trennert speaks to Anthony Mason about the impact of the rating downgrade on the markets and how investors are preparing for the fallout.
Republicans were once the party of Obamacare repeal and abortion opposition. They've said little about either issue in Milwaukee.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
Some of traditionally liberal Silicon Valley's biggest names are backing Trump.
Trump officially became the GOP's 2024 presidential nominee at the Republican National Convention. Here are the top highlights.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
"I am not supposed to be here tonight," former President Donald Trump said. "I stand before you in this arena only by the grace of almighty God."
The U.S. Secret Service is facing mounting questions about the security flaws that allowed the shooter to fire from a rooftop near the rally.
Former President Donald Trump publicly recounted the assassination attempt for the first time during a speech at the Republican National Convention.
Former President Donald Trump placed Corey Comperatore's firefighting helmet and jacket on stage during his address at the Republican National Convention.
Shannen Doherty had accused Kurt Iswarienko of prolonging the divorce so he didn't have to pay spousal support.
John Carter was charged with two counts of murder in relation to the death of his fiancée Katelyn Markham.
More than 1,000 flights had been canceled in the U.S. as of Friday morning, and airlines are warning of disruptions throughout the day.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
Officer Daniel Auderer was heard laughing after stating Jaahnavi Kandula was dead, saying her young life had "limited value."
More than 1,000 flights had been canceled in the U.S. as of Friday morning, and airlines are warning of disruptions throughout the day.
Some of traditionally liberal Silicon Valley's biggest names are backing Trump.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Cash, cars and even cows are just a few ways some nations reward their medal-winning Olympic athletes.
Bissell says it has received more than 150 reports of burn injuries from recalled product. Here's how consumers can get a refund.
Republicans were once the party of Obamacare repeal and abortion opposition. They've said little about either issue in Milwaukee.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
Some of traditionally liberal Silicon Valley's biggest names are backing Trump.
Trump officially became the GOP's 2024 presidential nominee at the Republican National Convention. Here are the top highlights.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
Republicans were once the party of Obamacare repeal and abortion opposition. They've said little about either issue in Milwaukee.
The now-recalled Diamond Shruumz gummies had been sold legally, but testing found they contained an illegal controlled substance.
Citing suspected links to a listeria outbreak, Canada's health agency has issued a recall notice for 18 plant-based drinks sold under the Silk and Great Value brands.
President Biden has tested positive for COVID-19, prompting an array of questions about his health and condition. Here's what we know so far.
Public safety and health care organizations are using drones to speed up lifesaving treatment during medical emergencies in which every second counts.
An advocacy group called the photos evidence that logging concessions are "dangerously close" to the tribe's territory.
The Wall Street Journal calls reporter Evan Gershkovich's conviction on spying charges in Russia "bogus," but it may clear the way for a prisoner swap.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
Israel's military says a drone attack launched from Yemen has killed 1 person in Tel Aviv and left at least 8 others wounded.
Far-right Israeli official Itamar Ben-Gvir paid a controversial visit to a contested holy site as a rights group details alleged Hamas war crimes.
After the success of "Heat Waves," Dave Bayley opens up about his struggles and the creative process behind Glass Animals' new album, "I Love You So F***ing Much."
Glass Animals, famed for their hit "Heat Waves," recently released their latest album. Anthony Mason catches up with the band in London, revisiting the street where their success story started.
Sarah Gelman, editorial director for Amazon Books, joins "CBS Mornings" with must-read book recommendations for the summer.
Shannen Doherty had accused Kurt Iswarienko of prolonging the divorce so he didn't have to pay spousal support.
Bob Newhart, a groundbreaking standup who became a sitcom star, died Thursday at 94. Starting in the 1960s, he was hugely popular, first with his best-selling comedy albums, then on the CBS comedies that bore his name. His work influenced generations of comedians.
A worldwide computer outage, centered on Microsoft, has grounded flights and disrupted businesses. Some TV channels have been knocked off the air as IT experts scramble to fix it.
New York Times technology reporter Adam Satariano explains the impact and risks of the computer outage that is centered on Microsoft and what users can expect.
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.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Experts say the surging demand for energy in the U.S. is forecast to hit record-highs both this year and next year, straining the country's aging power grid and creating more planet-warming emissions. Part of the demand is from a growing number of data centers across the nation and the rise of artificial intelligence.
The melting of glaciers and polar ice sheets causes water to move closer to the equator, fattening the planet and slowing its rotation, according to a recent study.
Spade-toothed whales are the world's rarest, with no live sightings ever recorded. Until, perhaps, now. One may have washed up onto a New Zealand beach.
Symptoms among the new bird flu cases included "fever, chills, coughing and sore throat/runny nose," alongside pink eye and eye tearing, a CDC spokesperson confirmed Monday.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
John Carter was charged with two counts of murder in relation to the death of his fiancée Katelyn Markham.
Weisselberg was sentenced in April to five months in Rikers Island, in line with a plea agreement over his alleged perjury in a 2023 civil fraud case.
A man who authorities have described as a dangerous pedophile was arrested in Georgia, nearly 30 years after he fled an Oregon prison.
Sonya Massey was killed after Sangamon County deputies responded to her 911 call about an intruder early on July 6, officials said.
Kayla Wright's body was found in a truck-bed-style toolbox on a sandbar in the Missisquoi River in February.
NASA says the Deorbit Vehicle will drive the lab to a controlled re-entry and breakup in 2030 to close out three decades of operation.
Rain already falls on Venus, but it took more than 14 minutes for Missy Elliott's The Rain (Supa Dupa Fly)" to reach the planet.
It has been two years since NASA's James Webb telescope gave us a stunning first look at the depth of our universe. To commemorate the achievement, NASA has released new images showing two distant galaxies interacting with each other. Jane Rigby, astrophysicist and a senior project scientist for the Webb telescope at NASA, joins CBS News to discuss.
The image released Friday depicts two merging galaxies, nicknamed "the Penguin and the Egg," that are about 100,000 light years apart, a surprisingly close distance in astronomical terms.
SpaceX's Falcon 9 rocket suffered a catastrophic engine failure as it launched a batch of Starlink satellites into orbit Thursday night, the first time in nearly a decade the rocket has failed. CBS News space consultant Bill Harwood has more on that and the latest images from the James Webb Space Telescope.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Glass Animals, famed for their hit "Heat Waves," recently released their latest album. Anthony Mason catches up with the band in London, revisiting the street where their success story started.
Sarah Gelman, editorial director for Amazon Books, joins "CBS Mornings" with must-read book recommendations for the summer.
A technical problem that global cybersecurity firm CrowdStrike says it has identified in its software and is working to resolve is causing massive outages around the globe for businesses, airlines and people using Microsoft. CrowdStrike provides antivirus software to Microsoft for its Windows devices. CBS News senior transportation correspondent Kris Van Cleave has more on how airlines are responding to the outage and Jamil Jaffer, founder and executive director of the National Security Institute at George Mason University's Scalia Law School, joined CBS News to discuss how an incident like this happens.
With President Biden sidelined by COVID and trailing Trump in a new poll, Quentin Fulks, the Biden-Harris campaign's principal deputy manager, joins "CBS Mornings" to talk about the increasing calls from within the Democratic party for Biden to drop out of the race and re-election campaign strategy.
Sources tell CBS News that the Secret Service says it was notified of a suspicious person with a rangefinder 20 minutes before the shooting at a Trump rally in Butler, Pennsylvania. CBS News confirms the gunman's father called police before the shooting, concerned about his son's whereabouts.