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The stock market closed relatively flat a day after the federal government took action to ensure that Silicon Valley Bank's customers would not lose their deposits in the bank's collapse. CBS News business analyst Jill Schlesinger joined Elaine Quijano to discuss how the action will impact investors and consumers going forward.
Regulators seized control of Silicon Valley Bank on Friday, the first time this type of measure has been taken since the Great Depression. J.D. Durkin of "The Street" joins CBS News with how this is affecting the markets.
The Dow Jones ended the day in the red, down about 700 points. The slide comes as big box retailers predict a rough outlook for 2024. Business journalist Kristin Myers joined CBS News to discuss what the numbers mean for the market.
The Dow Jones closed in the red Thursday, with rising producer prices expected to fuel inflation. Nancy Davis, founder and and chief investment officer for Quadratic Capital Management, joined CBS News to break down what the rising prices mean for investors going forward.
The stock market saw a sharp rise Monday ahead of the release of the January Consumer Price Index report, and as the last round of large companies prepare to release their 2022 fourth-quarter earnings. Landsberg Bennet Private Wealth Management chief investment officer Michael Landsberg joined CBS News to discuss what the developments mean for investors.
Yahoo has announced plans to cut more than 20 percent of its workforce. The announcement comes one day after Disney announced job cuts. Financial journalist Kristin Myers joined CBS to discuss what the layoffs could mean for investors.
The Dow Jones ended Wednesday in the red following President Biden's State of the Union address. Dan Geltrude, founder of accounting firm Geltrude and Company, joined CBS to discuss the economic impact of the speech.
The Dow Jones ended in the green Thursday following a report that showed the U.S. gross domestic product rose 2.9% in the fourth quarter of 2022. Kayla Bruun, economic analyst for Morning Consult, joined CBS News to discuss what the latest GPD data could mean to the economy.
The New York Stock Exchange ended relatively flat Wednesday. Dory Wiley, the president and CEO of Commerce Street Holdings told CBS News that missed expectations drove the markets, as recession fears loom.
The Dow Jones rose Friday after the Federal Reserve's preferred measure of inflation eased again in November. Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, discussed how the markets reacted to the news.
The Dow dropped another 300 points at its opening Friday, the index's third straight day of losses after news of a rise in interest rates and a drop in retail spending. Jesse Wheeler, an economic analyst for Morning Consult, joins CBS News to discuss the latest financial news and what the future holds.
Amazon announced it's pausing hiring for corporate positions in a move to try to cut costs amid concerns about a potential recession. Meanwhile, mortgage rates fell below 7% this week, but they're still higher than they were last year. CBS News anchors Lana Zak and Errol Barnett spoke with Lindsay Owens, executive director of Groundwork Collaborative, about where the U.S. economy stands.
European markets have been taking direct hits following the resignation of British Prime Minister Liz Truss. The continent was already facing record-high inflation and interest rate hikes, similar to the U.S. Akin Oyedele, investing deputy editor at Business Insider, joined CBS News' Catherine Herridge to discuss.
Markets closed down Friday, closing the worst September for stocks since 2008. CBS News anchors Nikki Battiste and Elaine Quijano speak with Tim Pagliara, chief investment officer of CapWealth, about what drove trading.
The stock market finished with substantial gains on Wednesday despite Hurricane Ian making landfall in Florida. CBS News anchors Tanya Rivero and Lana Zak speak with Kristin Myers, editor-in-chief of The Balance, about the impact the storm could have on the economy.
All three major U.S. stock market indexes are in a bear market territory. Wall Street Journal reporter Akane Otani joins John Dickerson on "Prime Time" to discuss.
The Dow Jones Industrial Average, S&P 500 and NASDAQ each lost more than 1.5% on Friday, with the Dow closing at its lowest level since late 2020. CBS News correspondent Michael George has more on the troubling economic trends.
It was another disappointing week for the stock market with all major indices in the red. CBS News' Catherine Herridge speaks with Yahoo Finance reporter Alexandra Semenova about what we might expect in the coming weeks.
The Dow Jones Industrial Average dropped below 30,000 Friday for the first time since 2020. Javier David, managing editor of business and markets at Axios, joined CBS News to discuss the volatile market.
All three major stock indexes ended the week with losses for the fourth time in five weeks. Victoria Fernandez, chief market strategist at Crossmark Global Investments, joins CBS News to discuss what it means for the U.S. economy.
Stocks dropped after the latest Consumer Price Index report showed U.S. inflation remains high. The Dow tumbled nearly 1,300 points Tuesday for the worst day since June 2020. Wall Street Journal reporter Dion Rabouin joins CBS News to discuss the market reaction.
The Consumer Price Index report for August tanked the stock market as inflation continued to slow at a snail's pace. Emil Michael, chairman and CEO of DPCM, joins CBS News to discuss the impact on the overall economy.
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
Economists are predicting a recession is imminent, while President Biden claims a recession is not inevitable. This comes after the Dow Jones lost more than 700 points Thursday. Wall Street Journal reporter Julia-Ambra Verlaine joins "CBS News Mornings" to discuss the latest.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
The state's highest court ruled a special prosecutor's decision to re-indict Smollett violated his constitutional rights after Cook County prosecutors previously dropped charges against him.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly-released police report. He is now President-elect Trump's choice for defense secretary.
The leaders are accused of crimes against humanity and war crimes over the war in Gaza and the Oct. 7 Hamas attack on Israel.
Colin Gray and his son, Colt Gray, were both indicted in the Sept. 4 shooting that killed two students and two teachers and injured others.
As record travelers prepare to fly for Thanksgiving, here's what to know about transporting food through TSA checkpoints.
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
McDonald's wants to make dining at its restaurants affordable for customers again with new value offerings.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker is slated Thursday to become the third person executed in the U.S., and Alabama, by nitrogen gas.
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly released police report. He is now President-elect Trump's choice for defense secretary.
Conspiracies persist, although it is effectively impossible to steal a major election in the United States.
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the latest on bird flu as new cases raise alarms among health officials. There have been 53 confirmed human cases across seven states this year. Health officials in California are reporting a possible case in a child who had no known contact with an infected animal.
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Florida sued the FDA over what it said was a "reckless delay" in approving its drug importation plan. Now, nearly a year after the FDA gave the state the green light, the program has yet to begin.
The amulet was found during an ongoing excavation project in Hadrianopolis, an ancient city near Karabük, Turkey.
The leaders are accused of crimes against humanity and war crimes over the war in Gaza and the Oct. 7 Hamas attack on Israel.
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.
Connie Nielsen opens up about returning as Lucilla in "Gladiator II," reuniting with director Ridley Scott and exploring her character's emotional journey.
Singer-songwriter Shelby Lynne opens up about her new album and how her friendships helped save her when she thought her recording career could be over.
Making his feature directorial debut, Malcolm Washington brings August Wilson's Pulitzer-winning play to the screen with help from his father, Denzel Washington and siblings John David and Katia
Ahead of the sequel's release, Connie Nielsen joins "CBS Mornings" to talk about stepping back into the world of Ridley Scott's epic saga and her character's emotional journey.
After overcoming years of personal struggles, Grammy winner Shelby Lynne is back with her first album in years. She tells Anthony Mason why her return to recording came as a surprise, even to her.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
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.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
The FBI has arrested a Florida man who's accused of plotting to bomb the New York Stock Exchange. CBS News New York reporter Allen Devlin has more.
Colin Gray and his son, Colt Gray, were both indicted in the Sept. 4 shooting that killed two students and two teachers and injured others.
A judge on Wednesday found Jose Ibarra guilty on all 10 counts in the murder of University of Georgia student Laken Riley. Ibarra was sentenced to life in prison without the possibility of parole.
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
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.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
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.
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
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.
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.
President-elect Donald Trump's pick for attorney general, former Florida Rep. Matt Gaetz, has withdrawn from consideration as the findings of a House Ethics report on his conduct loomed before his confirmation. This comes as a police report emerges on alleged sexual assault by Pete Hegseth, Trump's pick for secretary of defense. Axios' Margaret Talev and CBS News' Nikole Killion and Fin Gómez report.
Former Florida Rep. Matt Gaetz has withdrawn from consideration to be President-elect Donald Trump's attorney general. CBS News' Major Garrett spoke to several senators about his confirmation process after Gaetz visited Capitol Hill to rally support.
Former Florida Rep. Matt Gaetz, President-elect Donald Trump's pick for attorney general, has announced he is withdrawing from consideration. This comes after Gaetz visited Capitol Hill to rally support among lawmakers for his confirmation. Margaret Talev, a contributor at Axios, joins CBS News with more. Also, Olivia Rinaldi reports on the Trump team reaction.
FBI Director Christopher Wray and Homeland Security Secretary Alejandro Mayorkas were scheduled to take part in a Senate hearing on worldwide threats Thursday, but that hearing was canceled. CBS News Homeland Security and Justice reporter Nicole Sganga has more on why.
The FBI has arrested a Florida man who's accused of plotting to bomb the New York Stock Exchange. CBS News New York reporter Allen Devlin has more.