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
Pentagon says about 140 U.S. service members wounded since Iran war began
President Trump says the 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.
Iran signaling it may deploy mines to disrupt Strait of Hormuz, U.S. sources say
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
Exclusive
DOJ's Alex Pretti probe excludes prosecutors who specialize in civil rights, sources say
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
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.
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.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
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.
More U.S.
Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Can the president bring down gas prices? 5 options available to Trump.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Treasure hunter released from prison, but 500 gold coins remain missing
Tommy Thompson found the S.S. Central America and its thousands of pounds of sunken treasure that sat at the bottom of the Atlantic Ocean for more than 150 years.
Oil prices are falling — gas prices aren't. Here's why.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
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.
MoneyWatch
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Can the president bring down gas prices? 5 options available to Trump.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Oil prices are falling — gas prices aren't. Here's why.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
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.
Politics
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Exclusive
TSA absences at airports double during shutdown, 300 officers quit
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Voting nearly over in Georgia special election to replace Marjorie Taylor Greene
Voters in northwest Georgia have been heading to the polls all day to have their say in who will replace Marjorie Taylor Greene in Congress.
White House aware of Gulf countries' fears about interceptor shortage, sources say
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Exclusive
DOJ's Alex Pretti probe excludes prosecutors who specialize in civil rights, sources say
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
Iran signaling it may deploy mines to disrupt Strait of Hormuz, U.S. sources say
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
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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White House aware of Gulf countries' fears about interceptor shortage, sources say
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Iran signaling it may deploy mines to disrupt Strait of Hormuz, U.S. sources say
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
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.
Entertainment
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Entertainment
Dorrance on preserving tap dancing history
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
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.
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.
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.
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.
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
No harmful substances in NYC suspicious package
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots fired at U.S. consulate in Toronto
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
Suspicious package near NYC mayor's residence
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
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.
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
More Latest CBS News Videos
Latest CBS News Videos
Video shows NYC suspect purchasing fuse
Emir Balat, an 18-year-old Pennsylvania man charged with terrorism for allegedly throwing two homemade bombs into a crowd near Gracie Mansion in New York Saturday, apparently purchased the fuse used in the devices at Phantom Fireworks in a Philadelphia suburb on March 2. Surveillance video from the store shows him walking inside and apparently purchasing a 20 foot roll of safety fuse.
Role of Persian Gulf states in war with Iran
The Persian Gulf states are facing more attacks from Iran amid its war with the U.S. and Israel. CBS News chief correspondent Matt Gutman has more from Tel Aviv.
Trump refers to war in Iran as an "excursion"
War is deadly serious business and challenges presidents as no other event can. And yet, both former President Joe Biden and President Trump have been tripped up by bizarre language around the topic of war. CBS News chief Washington correspondent Major Garrett explains.
Military analyst on status of Iran's military
Defense Secretary Pete Hegseth said Tuesday would be the most intense day of U.S. strikes inside Iran. Meanwhile, Iran is launching ballistic missiles and drones against U.S. allies in the Gulf. Retired U.S. Army Major and military analyst Mike Lyons joins CBS News to discuss.
Pressure to reopen Strait of Hormuz
The pressure to reopen the Strait of Hormuz is intensifying, along with the rhetoric around it from the U.S. and Iran. Matt Smith, an analyst at the data firm Kpler, joins to discuss.