Overseas markets show signs of recovery
After a volatile week of trading, overseas stocks shot higher in early trading. Betty Nguyen reports.
America's Debt Battle
Dow ends up over 400 points
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.
Woman flies banner to show outrage to Congress
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.
Steve Forbes on debt, the dollar and the Dow
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.
Wall Street whiplash
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.
Dow loses all gains - again
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.
Are we slipping into a 2nd recession?
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.
Did Obama help pick Dems for debt super committee?
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.
Stocks soar after three-day selloff
Financial markets around the world are bouncing back following an announcement by the Federal Reserve. Alexis Christoforous reports.
Rating agencies disagree with S&P's downgrade
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.
Stock plunge: What does it mean for consumers?
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.
Obama attempts to reassure nation on economy
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.
Double-dip recession fears stocked by stocks plunge
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.
Stock markets slump after credit downgrade
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.
Obama addresses S&P's credit downgrade
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.
S&P downgrade sends stocks plummeting
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.
Why didn't Obama call Congress back to work?
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.
Dow drops over 600 points as market closes
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.
Obama: U.S. will always be a triple A country
President Obama tried to ease fears Monday after the markets tanked upon reacting to Standard and Poor's downgrade of U.S. debt.
Obama on economy, downed copter: POST SPEECH WRAP-UP
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.
Obama on economy, downed Chinook copter: IN FULL
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.
Obama dealing with S&P, Afghan crash
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.
Impact of downgrade on consumers, investors
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 blamed for credit downgrade
Partisan bickering continues in Washington in the aftermath of the downgrade of U.S. credit. Whit Johnson reports.
Impact of downgrade on Wall Street
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.
Politics
H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Full transcript of "Face the Nation with Margaret Brennan," Nov. 24, 2024
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Duckworth says Trump Pentagon pick is "flat-out wrong" about women in combat
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Transcript: Rep.-elect Sarah McBride on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Rep.-elect Sarah McBride, Democrat of Delaware, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
Transcript: H.R. McMaster on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Ret. Gen. H.R. McMaster, national security adviser in the first Trump administration, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
Transcript: Sen. Chris Van Hollen on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Sen. Chris Van Hollen, Democrat of Maryland, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
Transcript: Sen. Rand Paul on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Sen. Rand Paul, Republican of Kentucky, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
Transcript: Sen. Tammy Duckworth on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Sen. Tammy Duckworth, Democrat of Illinois, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
Poll: Trump starts on positive note as most approve of transition handling
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Fred Harris, former U.S. senator and presidential candidate, dies at 94
It fell to Fred Harris, chair of the Democratic National Committee in 1969 and 1970, to help heal the party's wounds from the tumultuous national convention in 1968 when protesters and police clashed in Chicago.
GOP senator blocks promotion of general involved in Afghanistan withdrawal
Lt. Gen. Christopher Donahue was slated to be promoted to a four-star rank and take command of the U.S. Army in Europe.
Trump picks former White House aide Brooke Rollins to lead the USDA
The sprawling U.S. Department of Agriculture controls policies, regulations and aid programs related to farming, forestry, ranching, food quality and nutrition.
Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
How a Trump Justice Department could shift legal positions at the Supreme Court
Trump's new lawyers will have to decide how to handle hot-button issues before the high court this term, including cases on treatments for transgender youth and on ghost guns.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
Supreme Court takes up FCC fund dispute over subsidies for rural telecom services
The Universal Service Fund was created by Congress in 1996.
U.S.
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Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Full transcript of "Face the Nation with Margaret Brennan," Nov. 24, 2024
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Chuck Woolery, host of "Love Connection" and "Scrabble," dies at 83
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Popular tortilla strips recalled over undeclared wheat allergen
Tortilla strips sold in grocery stores across the U.S. have been recalled due to concerns about an undeclared wheat allergen.
MoneyWatch
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Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Walmart must pay driver it accused of fraud $35 million, jury says
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Politics
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H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Full transcript of "Face the Nation with Margaret Brennan," Nov. 24, 2024
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Duckworth says Trump Pentagon pick is "flat-out wrong" about women in combat
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Transcript: Rep.-elect Sarah McBride on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Rep.-elect Sarah McBride, Democrat of Delaware, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
Transcript: H.R. McMaster on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Ret. Gen. H.R. McMaster, national security adviser in the first Trump administration, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
HealthWatch
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A study to devise nutritional guidance just for you
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
A study to personalize nutrition guidance just for you
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
New treatments offer hope for older patients with a deadly cancer diagnosis
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
1 infant dead in California, 9 hospitalized in latest listeria outbreak
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
E. coli outbreak in St. Louis sickens 106, hospitalizes 2
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
World
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Gunmen in southeast Mexico open fire in a bar killing 6 and injuring 5
The shooting took place in the coastal province of Tabasco, which is struggling with a recent increase in violence.
Israeli strike kills Lebanese soldier as Hezbollah fires 185 rockets at Israel
Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon's military has largely kept to the sidelines.
Gazan chefs cook up hope and humanity for online audience
Ten-year-old Chef Renad (who's gained a following on Instagram) and Hamada Shaqoura (who relies on humanitarian aid and crude cooking arrangements) educate while preparing meals in war-torn Gaza.
U.S Air Force says drones spotted near 3 bases in England last week
The drones were spotted between Wednesday and Friday near RAF Lakenheath, RAF Mildenhall and RAF Feltwell.
Israel says, rabbi killed in the UAE in "heinous antisemitic terror incident"
Zvi Kogan, 28, an ultra-Orthodox rabbi who went missing on Thursday, ran a Kosher grocery store in the futuristic city of Dubai.
Entertainment
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Chuck Woolery, host of "Love Connection" and "Scrabble," dies at 83
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
What makes a martini a martini?
There are very few American inventions more American than the martini – a classic cocktail of gin and vermouth, garnished with lemon. But today, a martini's ingredients may be up for debate.
Mick Fleetwood plays to the future in Maui
Last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed the Fleetwood Mac founder's club, Fleetwood's on Front Street. Today, Mick Fleetwood is determined to rebuild, saying, "There has to be music."
Mick Fleetwood plays to the future in Maui
As a young man, Fleetwood Mac founder Mick Fleetwood dreamed of a place – a club – where he could get his friends together. Twelve years ago, he made it happen in the west Maui city of Lahaina: Fleetwood's on Front Street. But last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed his treasured club. Today, Fleetwood says he's determined to rebuild. Correspondent Tracy Smith reports.
"Sandwiches of History": Resurrecting sandwich recipes that time forgot
Every week on his blog, "Sandwiches of History," Barry Enderwick rescues sandwich recipes from the dustbin of history. He's now collected some of the unlikeliest (and even amazing) historical recipes in a cookbook.
Technology
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Technology
A new generation of shopping cart, with GPS and AI
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
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.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
Australia could ban social media for kids
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
Science
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Science
Dishing up space food
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Crime
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Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
Fugitive Kaitlin Armstrong caught after answering ad for a yoga instructor
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
$20 million settlement reached in death of woman fatally shot by officer
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
U.S. accuses former Colombia general of extrajudicial killings
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
Space
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Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
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.
Latest CBS News Videos
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Latest CBS News Videos
McBride: "I didn't run" for Congress to talk about bathrooms
Rep.-elect Sarah McBride, the first openly transgender person to be elected to Congress, tells "Face the Nation with Margaret Brennan" that as Republicans have sought to put forward a bathroom ban in the Capitol, she "didn't run for the United States House of Representatives to talk about what bathroom I use."
McMaster: Upcoming months are "really critical" for Ukraine
Ret. Gen. H.R. McMaster, who served as national security adviser in the first Trump administration, tells "Face the Nation with Margaret Brennan" that the longer-range missiles the White House are sending to Ukraine "can make a difference" in the final days of the Biden administration.The result, McMaster said, is the next few months are "really critical" for Ukraine.
Van Hollen: Biden "not complying" with U.S. law on arms shipments
Democratic Sen. Chris Van Hollen of Maryland, who last week backed Sen. Bernie Sanders' bill to block U.S. sending arms to Israel, told "Face the Nation with Margaret Brennan" that President Biden " is not fully complying with American law" on sending arms to Israel.
Duckworth: Hegseth "flat-out wrong" about women in combat roles
Democratic Sen. Tammy Duckworth of Illinois, a combat veteran of the Iraq War, tells "Face the Nation" that Pete Hegseth, President-elect Donald Trump's pick to lead the Defense Department, is "flat-out wrong" in his assessment that women shouldn't be in combat roles.
Paul: "Will not support" use of military in deportations
Republican Sen. Rand Pual of Kentucky tells "Face the Nation" that while he supports President-elect Donald Trump's plans for mass deportation, but through the "normal process of domestic policing." "I will not support and will not vote to use the military in our cities," Paul said.