U.S. stocks sink in echoing China-led global rout
S&P 500 tallies worst beginning to a year ever; Nasdaq Composite finishes 3 percent lower
China
Financial markets around the world are in turmoil, after another massive selloff in China
Financial markets around the world are in turmoil, after another massive selloff in China. The Shanghai Composite Index slid almost 250 points, more than seven percent. Officials froze the market after only 29 minutes. It was the shortest day of trading in its 25-year history. Stocks also fell in Japan, Britain and Germany, and futures trading predicts heavy losses on Wall Street. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss the impact.
7 reasons stocks are cratering
With problems like these weighing on investors, no wonder 2016 is off to such a lousy start on Wall Street
World stocks slide as China trading halted after plunge
Futures augured sharp losses on Wall Street: Dow and S&P 500 futures were each down 2.3 percent
The Chinese stock market stopped trading about 15 minutes after opening, following a massive selloff
The Chinese stock market stopped trading about 15 minutes after opening, following a massive selloff. CBSN's Contessa Brewer explains.
At Davos, China's growth pains high on the agenda
Slowdown in the world's second-largest economy is sending shudders through the global financial system
U.S. stocks battered by global-growth concerns
Equities drop to three-month lows as U.S. crude falls below $35 a barrel and World Bank reduces its forecast for 2016 and 2017
North Korea bomb test, China data rattle world stocks
European markets are sharply lower in Wednesday trading, with Wall Street set for a similarly down opening
4 reasons why China's problems could harm U.S.
The economic powerhouse is skidding on several icy issues, which could have an impact on U.S. investors and workers
China's spectacular ice festival
Ice and snow winter fantasy creations in Harbin, China
U.S. markets rebound after suffering major losses due to manufacturing contraction in China and tensions between Saudi Arabia and Iran
U.S. markets rebound after suffering major losses due to manufacturing contraction in China and tensions between Saudi Arabia and Iran. Yahoo Finance Columnist Rick Newman joins CBSN to discuss.
Tech sector hit by Apple production cuts
Tech giant said to be cutting production of its latest iPhone models by about 30 percent in the first quarter
14 dead after bus catches fire in north China
More than 30 people were also injuried in the incident that happened in Yinchuan, the capital of Ningxia region
Authorities in Puerto Rico seize, destroy 10,000 Barbie dolls
U.S. Customs and Border Protection said that the shipment of the counterfeit dolls had a value of more than $41,000
Concerns over manufacturing contractions in China prompt a massive sell-off in U.S. markets
Concerns over manufacturing contractions in China prompt a massive sell-off in U.S. markets. CBS News Moneywatch's Jill Wagner joins CBSN with analysis.
China's stock market plunges after a manufacturing contraction
China's stock market plunges after a manufacturing contraction, AAA says gas prices will remain low in 2016 and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
Shares on Wall Street plunged following sharp losses in China and Europe
Shares on Wall Street plunged following sharp losses in China and Europe. Belpointe Chief Strategist David Nelson has analysis for CBSN.
U.S. stocks plunge in first day of 2016 trading
Dow drops 400 points in mid-morning trading; S&P sheds 46 points; slide follows big decline in China
Hong Kong unsettled by case of 5 missing booksellers
A fifth employee of a publishing company specializing in books critical of mainland China's leadership has gone missing
Uber faces obstacles as it aims to expand in China
The ride-booking app company is calling China its No. 1 priority for 2016, but it must overcome both legal obstacles and competition on the road
Uber, the smartphone app that lets you book a ride in a driver’s private car, is expanding rapidly world-wide and calls China its number one priority for the New Year
Uber, the smartphone app that lets you book a ride in a driver’s private car, is expanding rapidly world-wide and calls China its number one priority for the New Year. But as Seth Doane reports, Uber and other ride sharing apps like China's Didi Kuaidi must overcome both legal obstacles and competition on the road.
After claiming it handled its one billionth ride on Christmas Eve, Uber begins 2016 with a hefty goal in mind: expansion to China.
After claiming it handled its one billionth ride on Christmas Eve, Uber begins 2016 with a hefty goal in mind: expansion to China. Seth Doane has a look at what kind of competition the company could be facing there.
China manufacturing index improves in December
Numbers were a potential sign of recovery among exporters in the world's No. 2 economy
China makes big bet on turning desert into wine region
World's 5th largest wine consumer and producer hopes to put Ningxia next to Napa on global wine map
Hoverboards create new market: fire-resistant bags
A specialty manufacturer that typically caters to the U.S. military finds a niche amid safety concerns about the popular toy
Harris says violent crime is down. Trump says it's up. Here's a fact check.
Donald Trump and Kamala Harris both point to different crime data sources, but experts say Harris' claim is closer to reality.
Shrinkflation hits 1 in 3 grocery items, including these common products
"Shrinkflation" — when companies charge the same for smaller sizes — is a sneaky way to raise prices. Read on to see what kind of products have shrunk the most.
Liam Payne, former One Direction singer, dies at 31 after falling from hotel
Pop star Liam Payne of One Direction died after falling into an interior patio of a hotel in Buenos Aires, officials said.
Georgia prosecutor asks appeals court to reinstate 6 charges in Trump case
Lawyers for Fulton County District Attorney Fani Willis said a judge "erred" when he dismissed the charges in March.
Wreckage of crashed U.S. Navy jet found near Washington's Mount Rainier
The wreckage was found on a mountainside east of Mount Rainier, the Navy said. The status of the plane's two crew members was still unknown.
Archdiocese of LA agrees to $880 million settlement over sex abuse claims
The Catholic Archdiocese of Los Angeles has agreed to pay $880 million to settle sex abuse claims made by more than 1,3000 alleged victims dating back to the 1940s.
Georgia judge invalidates controversial new state election rules
The seven rules thrown out by a Georgia judge include one that required the number of ballots be hand-counted after the close of polls.
2 Sudanese brothers charged with running cyberattack-for-hire gang
Two Sudanese brothers are charged with running "Anonymous Sudan," one of the most prolific cyberattack-for-hire gangs of all time.
Texas board denies clemency in shaken baby syndrome case
Roberson is scheduled to receive a lethal injection Thursday evening for the 2002 killing of his 2-year-old daughter.
U.S.
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Harris says her presidency "will not be a continuation" of Biden's
Vice President Kamala Harris' nearly 30-minute interview with Fox News was tense from the start.
Georgia judge invalidates controversial new state election rules
The seven rules thrown out by a Georgia judge include one that required the number of ballots be hand-counted after the close of polls.
Archdiocese of LA agrees to $880 million settlement over sex abuse claims
The Catholic Archdiocese of Los Angeles has agreed to pay $880 million to settle sex abuse claims made by more than 1,3000 alleged victims dating back to the 1940s.
Ex-Mexico drug czar gets 38 years in U.S. prison for taking cartel bribes
Genaro García Luna was convicted of taking millions of dollars in bribes to protect the violent Sinaloa cartel that he was supposedly combating.
Here are the campaign promises Trump and Harris have made to voters
These are the promises Trump and Harris have made to voters in the run-up to the November presidential election.
MoneyWatch
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Big Lots to close another 56 locations in 27 states. Here's where.
Big Lots plans to shutter more stores as part of the Columbus, Ohio-based discount retailer's Chapter 11 bankruptcy process.
Gender wage gap widens for the first time in 20 years
Pay gap between men and women working full-time widened in 2023 for first time in 20 years, USCB data shows.
What to know about the new FTC "click to cancel" rule
Retailers, gyms and other businesses are now required to make it as easy to cancel subscriptions as to sign up.
Shrinkflation hits 1 in 3 grocery items, including these common products
"Shrinkflation" — when companies charge the same for smaller sizes — is a sneaky way to raise prices. Read on to see what kind of products have shrunk the most.
Amazon and Google's plans for fueling data centers: Nuclear power
Amazon on Wednesday said it's investing in small nuclear reactors, two days after Google announced its own nuclear plans.
Politics
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New wave of calls for Congress to vote on disaster aid before election
Members of Congress from hurricane-ravaged states want the U.S. House and Senate to respond to the depletion of funds from the Small Business Administration disaster loan fund.
Harris says her presidency "will not be a continuation" of Biden's
Vice President Kamala Harris' nearly 30-minute interview with Fox News was tense from the start.
Georgia judge invalidates controversial new state election rules
The seven rules thrown out by a Georgia judge include one that required the number of ballots be hand-counted after the close of polls.
Harris says violent crime is down. Trump says it's up. Here's a fact check.
Donald Trump and Kamala Harris both point to different crime data sources, but experts say Harris' claim is closer to reality.
2 Sudanese brothers charged with running cyberattack-for-hire gang
Two Sudanese brothers are charged with running "Anonymous Sudan," one of the most prolific cyberattack-for-hire gangs of all time.
HealthWatch
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Serena Williams had benign cyst size of "small grapefruit" removed from neck
Retired tennis legend Serena Williams posted to social media that "all is OK" after having the grapefruit-sized cyst surgically removed from her neck.
As IV shortage continues, U.S. invokes wartime power to speed recovery
Hospitals nationwide are postponing procedures after Hurricane Helene wrecked a major IV fluids factory in North Carolina.
Whooping cough and walking pneumonia are on the rise. Here's what to know.
Dr. Jon LaPook talks about the infections on the rise this season, including whooping cough and walking pneumonia.
Boar's Head recall sparks USDA watchdog probe into handling of listeria outbreak
Sen. Richard Blumenthal had urged a probe into the USDA's handling of the Boar's Head plant, calling it an "abject failure."
Kroger, Trader Joe's foods are part of BrucePac meat recall for listeria
BrucePac recalled nearly 12 million pounds of meat and poultry products used in popular products at Trader Joe's, Kroger and more.
World
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Liam Payne, former One Direction singer, dies at 31 after falling from hotel
Pop star Liam Payne of One Direction died after falling into an interior patio of a hotel in Buenos Aires, officials said.
Mysterious white blobs washing up on Canadian beaches stump experts
White blobs of "a mystery substance" dotting beaches across Canada's far northeast Newfoundland and Labrador province spark an investigation.
Lions kill zookeeper as she went to clean cages, officials say
The employee died after she "went to clean a cage with three lions, without shutting the bolt of a door between two rooms of the enclosure," investigators said.
Saudi cartoonist jailed for 23 years for insulting leaders, group says
A Saudi court has sentenced a cartoonist to more than two decades in prison for insulting the kingdom's rulers, his family and a rights group say.
Israel launches new strikes in Beirut despite U.S. warning
The Biden administration said it opposed Israel's recent tactics against Iran-backed Hezbollah in Lebanon, but the airstrikes keep coming.
Entertainment
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Entertainment
One Direction singer Liam Payne dies in fall
Liam Payne, a former member of the boy band One Direction, died Wednesday in a fall from a hotel in Buenos Aires, Argentinian police confirmed to CBS News. He was 31.
Liam Payne, former One Direction singer, dies at 31 after falling from hotel
Pop star Liam Payne of One Direction died after falling into an interior patio of a hotel in Buenos Aires, officials said.
"Smile 2" actors on continuing movie's eerie legacy
Following the success of its predecessor, "Smile 2" returns with a chilling story of a deadly curse as pop star Skye Riley, played by Naomi Scott, faces the horrors of fame and an inescapable curse.
Samantha Bee debuts new show on menopause
Comedian Samantha Bee joins "CBS Mornings Plus" to talk about starring in "How to Survive Menopause," a one-woman show inspired by her own experience, which she describes as a "volcanic disruption" in her life. The show debuts off-Broadway this week and will be turned into an Audible podcast next spring.
Karyn Tomlinson on using local ingredients
Chef Karyn Tomlinson, owner of "Myriel" in Saint Paul, Minnesota, is being recognized for her minimalist approach and use of local ingredients. Her restaurant, which opened in 2021, has gained a reputation for making "grandma chic" cool.
Technology
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2 Sudanese brothers charged with running cyberattack-for-hire gang
Two Sudanese brothers are charged with running "Anonymous Sudan," one of the most prolific cyberattack-for-hire gangs of all time.
The swift rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are on the rise. Here's how to spot them.
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.
The rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are spreading quickly. Learn how to spot the fakes and avoid being misled.
Details of iconic shipwreck revealed in never-before-seen footage
"Endurance" features thousands of 3D scans shot by a 4K camera deployed to a depth of nearly 10,000 feet.
Science
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Science
Supreme Court allows EPA emission limits
On Wednesday, the Supreme Court said it will allow the Environmental Protection Agency to enforce new greenhouse gas emissions limits for power plants. Professor at Columbia's Climate School Michael Gerrard joins "The Daily Report" to discuss.
Mysterious white blobs washing up on Canadian beaches stump experts
White blobs of "a mystery substance" dotting beaches across Canada's far northeast Newfoundland and Labrador province spark an investigation.
Study finds Americans will move due to extreme weather
As the southern U.S. reels from back-to-back hurricanes, researchers estimate that millions will move away from areas with extreme weather in the coming decades. Senior research geographer Dr. Alexander de Sherbinin joins CBS News to discuss the research and which parts of the U.S. will likely be most affected.
Protecting whales from ship strikes
Endangered whale species (like blue whales, humpbacks, and fin whales) face a major threat on the high seas: cruise and container ships that have difficulty avoiding collisions with whales. Correspondent David Pogue talks with a marine ecologist at Woods Hole Oceanographic Institute, whose fleet of autonomous vehicles helps track whales in shipping lanes; and finds out how container ships may be able to reduce striking whales.
Book excerpt: "Nexus" by Yuval Noah Harari
The author of the bestseller "Sapiens: A Brief History of Humankind" returns with an examination of the power of intelligence to shape and control civilizations throughout history, and how artificial intelligence may change society, economics and politics.
Crime
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Crime
Man could be executed in shaken baby syndrome case
A Texas man convicted of murder in the 2002 death of his 2-year-old daughter in what was linked to shaken baby syndrome is scheduled to be executed Thursday. However, several medical experts say Robert Roberson's conviction was based on faulty and outdated scientific evidence. The Texas Board of Pardons and Paroles on Wednesday denied a request for clemency. Nikki Battiste reports.
Family calls for release of Menendez brothers
In a news conference Wednesday in Los Angeles, family members made a plea for the release from prison of brothers Lyle and Erik Menendez, who were convicted in the 1989 murders of their parents. The brothers have always claimed the shotgun killings were in self-defense, arguing they were subject to physical, emotional and sexual abuse. L.A. County District Attorney George Gascón said his office is considering new evidence in the case. Jonathan Vigliotti reports.
Ex-Mexico drug czar gets 38 years in U.S. prison for taking cartel bribes
Genaro García Luna was convicted of taking millions of dollars in bribes to protect the violent Sinaloa cartel that he was supposedly combating.
Harris says violent crime is down. Trump says it's up. Here's a fact check.
Donald Trump and Kamala Harris both point to different crime data sources, but experts say Harris' claim is closer to reality.
2 Sudanese brothers charged with running cyberattack-for-hire gang
Two Sudanese brothers are charged with running "Anonymous Sudan," one of the most prolific cyberattack-for-hire gangs of all time.
Space
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Space
NASA's hopes for Europa Clipper mission
NASA's solar-powered Europa Clipper took off Monday from the Kennedy Space Center in Florida. The spacecraft is projected to reach Jupiter by April 2030 and will study one of the planet's moons. CBS News space consultant Bill Harwood explains what scientists are hoping to accomplish with the mission.
NASA launches Europa Clipper
NASA successfully launched the Europa Clipper spacecraft Monday toward Jupiter where it will monitor a moon for potential habitable qualities. CBS News space consultant Bill Harwood has more on the spacecraft expected to near Jupiter's moon Europa around April 2030.
SpaceX launching probe toward Jupiter
A multi-billion dollar space mission launching Monday may reveal more about an icy moon circling planet Jupiter. CBS News space consultant Bill Harwood has more.
SpaceX launches, recovers powerful rocket
SpaceX launched its most powerful rocket ever built and then flew its first stage booster back to the launch pad where giant metal arms called "chopsticks" grabbed it, just seven minutes after lifting off in Boca Chica, Texas. The uncrewed test flight is a new milestone in SpaceX's vision of developing a fully reusable rocket to return astronauts to the moon and beyond.
NASA launches probe to study Jupiter's icy moon Europa
The ambitious mission won't actually look for life on Jupiter's moon Europa, but it should find out if the presumed ocean provides a habitable environment.
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.
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.
Clues and evidence in the John McCabe case
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
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
Supreme Court allows EPA emission limits
On Wednesday, the Supreme Court said it will allow the Environmental Protection Agency to enforce new greenhouse gas emissions limits for power plants. Professor at Columbia's Climate School Michael Gerrard joins "The Daily Report" to discuss.
Trump hears from undecided Latino voters
Former President Donald Trump attended a Univision town hall with Latino voters a week after the television station held a similar event with Vice President Kamala Harris. Town hall moderator Enrique Acevedo joins "The Daily Report" to explain its value and the top issues discussed.
What's behind America's misinformation crisis
The Federal Emergency Management Agency pushed back on false claims that it pulled out of areas in North Carolina affected by Hurricane Helene after facing threats. The Atlantic writer Charlie Warzel joins "The Daily Report" to discuss the misinformation crisis in the U.S. and its "darker" side.
Giant Panda | 60 Minutes Archive
Once bound for extinction, giant pandas were saved by their one evolutionary advantage: they're adorable. Scott Pelley reported on their resurgence in 2019. This week, two giant pandas from China arrived at the National Zoo in Washington, D.C.
Menendez brothers' family pushing for release
Multiple relatives of the Menendez brothers held a news conference in Los Angeles on Wednesday to push for Erik and Lyle Menendez's release. The two have been in prison since 1996 after they were convicted of killing their parents. CBS News correspondent Jonathan Vigliotti has more.