Investors are taking cover as economic concerns grow
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
Dow Jones
Powell: Tariffs may delay inflation progress
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
Stock market kicks off week in the green
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
Stock market slides on mounting fears over U.S. economic growth
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Dow drops on opening bell amid Trump tariffs
Markets opened Thursday with the Dow dropping more than 500 points after the opening bell as countries and businesses continue to grapple with President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Dow plunges after Powell's comments on rate cuts
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock markets came after Federal Reserve Chairman Jerome Powell's remarks that the Fed may not slash rates in 2025 as much as had initially been projected. Kelly O'Grady explains.
Fed makes final 2024 interest rate decision
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady joins to break down the move.
What does financial success look like?
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
Analyzing the stock surge after Trump's win
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
Dow finishes at record high after Trump win
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Markets react to Trump's win
The markets are reacting to former President Donald Trump's presidential election win after his 2024 race against Vice President Kamala Harris. CBS News business analyst Jill Schlesinger has more.
Donald Trump election win boosts stocks, cryptocurrency and Trump Media
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
Dow plunges more than 1,000 points amid U.S. recession fears
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Stocks fall as fears of recession increase
The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means.
Dow, S&P 500 see worst daily loss since 2022
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
What's driving the global market sell-off?
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
Dow closes down amid U.S. economy fears
The Dow Jones Industrial Average tumbled more than 1,000 points Monday as stock markets worldwide dropped over fears of a downturn in the U.S. economy. CBS News contributor J.D. Durkin breaks down the latest numbers.
Stock market shocked by economy fears
The latest jobs report and slowed consumer spending are among the factors contributing to fears of a recession. CBS News business analyst Jill Schlesinger breaks down what to know as global markets react.
Stock market suffering disastrous day
U.S. markets are taking a hit Monday with the Dow falling over 1,000 points to start the day and semiconductor stocks like Nvidia and Intel dipping over 7%. Overseas, Japan's market had the worst day in its history, dropping over 12%. CBS News contributor J.D. Durkin has more.
Stocks drop following weak July jobs report
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
The story of 2 American economies
Two major stock indexes, the S&P 500 and Dow Jones Industrial Average, are up over 15% compared to a year ago. Financial analysts point to this as an example of the U.S. economy's health, but the benefits are not accessible to all Americans. CBS News' Lindsey Reiser explains.
Evan Gershkovich's trial begins in Russia
Wall Street Journal reporter Evan Gershkovich, who was arrested in Russia for espionage charges, appeared in court Wednesday for his trial. The State Department called Gershkovich "wrongfully detained," affirming the U.S. is seeking his release. Jason Conti, the general counsel and executive vice president for Dow Jones, the company that owns The Wall Street Journal, joins CBS News with more.
Dow closes above 40,000 for first time, notching new milestone
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
Breaking down the Dow's 40,000 milestone
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Live
Iran war rages as markets react to Trump saying it should end "very soon"
Markets stem losses as Trump says Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
Hegseth: Today "most intense day" of attacks on Iran, Trump to determine "end stage"
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Thune stands firm on SAVE America Act despite Trump pressure
Senate Majority Leader John Thune made clear that an elections bill known as the SAVE America Act faces an unlikely path to passage.
Alabama governor commutes death sentence of inmate who didn't kill victim
Alabama Gov. Kay Ivey has commuted the death sentence of Charles "Sonny" Burton, who was not in the building when the victim was killed.
Jeffrey Epstein's former Zorro Ranch searched after revelations in FBI files
Investigators are searching a New Mexico ranch where Jeffrey Epstein once entertained guests, amid allegations that it may have been used for sexual abuse and sex trafficking.
1,300-pound NASA satellite set to crash down to Earth today
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Trump order cutting ties with Anthropic likely coming this week, sources say
President Trump will issue an executive order to remove Anthropic's AI technology from agencies across the executive branch, sources familiar with the matter tell CBS News.
Georgia voters deciding Marjorie Taylor Greene's replacement in special election
Marjorie Taylor Greene's seat in Congress has been vacant since her resignation in January, but voters in Georgia could choose her replacement during Tuesday's special election.
U.S.
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FDA warns Novo Nordisk over unreported potential Ozempic side effects
The FDA issued a warning letter to Novo Nordisk, the Danish drugmaker behind the diabetes and weight-loss medications Ozempic and Wegovy, over unreported potential side effects.
Thune stands firm on SAVE America Act despite Trump pressure
Senate Majority Leader John Thune made clear that an elections bill known as the SAVE America Act faces an unlikely path to passage.
Trump order cutting ties with Anthropic likely coming this week, sources say
President Trump will issue an executive order to remove Anthropic's AI technology from agencies across the executive branch, sources familiar with the matter tell CBS News.
Alabama governor commutes death sentence of inmate who didn't kill victim
Alabama Gov. Kay Ivey has commuted the death sentence of Charles "Sonny" Burton, who was not in the building when the victim was killed.
Team USA's Oksana Masters wins 11th Paralympic gold medal
The most decorated American Winter Paralympian had her left leg amputated at age 9 and her right leg amputated at age 14.
MoneyWatch
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Could tapping the Strategic Petroleum Reserve lower gas prices?
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
JetBlue ground stop lifted soon after it began
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Here's how much Americans are paying for gas as oil prices spike
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
Anthropic sues Trump administration over "supply chain risk" order
Anthropic sued the Defense Department and other federal agencies on Monday over the government's move to designate it a risk to the supply chain.
Politics
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Thune stands firm on SAVE America Act despite Trump pressure
Senate Majority Leader John Thune made clear that an elections bill known as the SAVE America Act faces an unlikely path to passage.
Trump order cutting ties with Anthropic likely coming this week, sources say
President Trump will issue an executive order to remove Anthropic's AI technology from agencies across the executive branch, sources familiar with the matter tell CBS News.
DOJ's Ed Martin faces ethics charges over threatening letter to Georgetown
The office that polices attorney misconduct in Washington, D.C., has filed ethics charges against Justice Department pardon attorney Ed Martin.
Hegseth: Today "most intense day" of attacks on Iran, Trump to determine "end stage"
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Georgia voters deciding Marjorie Taylor Greene's replacement in special election
Marjorie Taylor Greene's seat in Congress has been vacant since her resignation in January, but voters in Georgia could choose her replacement during Tuesday's special election.
HealthWatch
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Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
More kids are in ERs for tooth pain. Budget cuts and fluoride fights aren't helping.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
Baby sleepsuit sold at Walmart recalled over potential choking hazard
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
A Pilates teacher thought she had the flu. Doctors found aggressive cancer
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
World
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How the Iran war reached Europe, via the small, divided island of Cyprus
When it comes to European Union territory, you can't go much further east than Cyprus. So far east, in fact, that it's within reach of Iran's weapons.
Team USA's Oksana Masters wins 11th Paralympic gold medal
The most decorated American Winter Paralympian had her left leg amputated at age 9 and her right leg amputated at age 14.
Map and chart track the latest U.S. and Iranian war targets
According to U.S. Central Command, over 5,000 targets were struck and 50 Iranian vessels were damaged or destroyed in the first 10 days of the war with Iran.
Shots fired at U.S. consulate in Toronto, Canada, officials say
Someone fired shots at the U.S. consulate in Toronto, authorities said, days after shots were fired at synagogues in the Canadian city.
Hegseth: Today "most intense day" of attacks on Iran, Trump to determine "end stage"
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Entertainment
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Entertainment
Brenda Bufalino on evolution of tap dancing
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Michelle Pfeiffer on "The Madison" series
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
Details on Live Nation's settlement with DOJ
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
Latest on shots fired at Rihanna's home
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
Live Nation to open Ticketmaster to other sellers
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, economic policy reporter for Politico, joined CBS News to discuss.
Technology
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Technology
The evolution of Apple over 50 years
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
Overusing artificial intelligence can give workers "AI brain fry," study finds
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
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.
Extended interview: Tim Cook
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
Apple turns 50, in a world it helped create
David Pogue, author of "Apple: The First 50 Years," talks with Apple's co-founder Steve Wozniak, CEO Tim Cook, and others about the vision of Steve Jobs, and how the company's products and services have reshaped life, technology and culture in the 21st century.
Science
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Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
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Crime
Hospice fraud grows in California
Hospice fraud has grown in Los Angeles County despite a state crackdown on facilities with notable red flags, a CBS News Investigation found. CBS News correspondent Adam Yamaguchi has more.
Breaking down Alexander brothers' trial
Jurors found Tal, Oren and Alon Alexander guilty on all counts in their federal sex trafficking trial in New York City after four weeks of testimony from women who accused the brothers of sexual assault. CBS News' Tom Hanson has more.
2 charged in attack outside Mamdani's home
Two teens are charged for allegedly trying to detonate homemade bombs in a crowd outside New York City Mayor Zohran Mamdani's official residence. Prosecutors allege they were inspired by ISIS.
Latest details on NYC bomb suspects
Two men are facing federal charges after allegedly trying to detonate homemade explosive devices outside New York City Mayor Zohran Mamdani's home. Both suspects said their actions were inspired by ISIS, New York Police Department Commissioner Jessica Tisch said. CBS News' Jericka Duncan has the latest.
Details on woman who fired at Rihanna's home
Police identified Ivanna Ortiz, 35, as the individual accused of opening fire on Sunday outside of Rihanna's Beverly Hills home with an AR-15-style assault rifle. The Florida woman is now facing attempted murder charges. Carter Evans reports.
Space
More Space
1,300-pound NASA satellite set to crash down to Earth today
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Brenda Bufalino on evolution of tap dancing
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Latest news on Day 11 of Iran war
President Trump said Monday that the war with Iran will end "very soon," but on the 11th day of fighting strikes are still intensifying. CBS News' Charlie D'Agata, Nancy Cordes and Edward Smith have more.
White House's mixed messages on war with Iran
President Trump said Monday the war against Iran will be over "very soon," while Defense Secretary Pete Hegseth said Tuesday would be the most intense day of strikes on Iran so far. When asked about timing, Hegseth said, "It's not for me to posit whether it's the beginning, the middle or the end." CBS News' Eleanor Watson and Aaron Navarro have more.
World leaders eye oil reserves
Oil prices surged Monday to more than $119 per barrel but dropped by more than 10% on Tuesday. Meanwhile, world leaders are eyeing oil reserves as the Iran war continues to disrupt traffic through the Strait of Hormuz. Robert Schroeder, the Washington bureau chief at MarketWatch, has more.
How Middle East conflict impacts Iranians
Secretary of Defense Pete Hegseth promised that Tuesday would be the "most intense day of strikes" against Iran. CBS News senior foreign correspondent Holly Williams spoke with some Iranians about the conflict's impact.