Stocks rebound after entering "correction" territory
Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.
Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.
Investors weighing potential impact of the new COVID-19 variant and the Fed chief's change of tune about rising prices.
U.S. stock markets made up half their losses from Friday, the worst trading day in nine months.
Concerns about the new variant are spurring a stock sell-off, as some European countries impose flight restrictions.
There was another increase in new unemployment claims last week, as the coronavirus pandemic continues to head in the wrong direction. Feeding America predicts over 50 million Americans will have faced hunger by the end of the year. Mark Hamrick, senior economic analyst at Bankrate, joins CBSN to discuss the state of the economy.
The Dow Jones Industrial Average surpassed 30,000 points for the first time in the history of the blue-chip index. Stocks pushed higher as Pennsylvania certified President-elect Joe Biden's win in that state and investors cheered the White House's moves to pave the way for President Trump's exit from the Oval Office. CBS News' Laura Podesta reports.
Stocks jumped as Americans headed to the polls on Election Day. The S and P 500 gained 2.3% in morning trading, heading for a second straight day of gains. Melissa Armo, founder and owner of The Stock Swoosh, joins CBSN to explain what the latest numbers mean and how a contentious election could affect them.
The Dow, S&P 500 and Nasdaq all took major hits as a global glut in oil supply and low demand for fuel sent stock prices plummeting. Janet Shamlian reports.
Stocks fell on Tuesday, marking the end of a volatile March. The coronavirus pandemic has caused major market swings. Melissa Armo, CEO and founder of The Stock Swoosh, joined CBSN at the end of the trading day to talk about what we're seeing on Wall Street.
Stocks opened up Monday after a week of extreme volatility. Melissa Armo, C.E.O. and founder of The Stock Swoosh, joined CBSN to talk about what we're seeing on Wall Street.
Wall Street is looking to Washington to act as economic activity collapses around the country.
The Dow and NASDAQ’s Friday closing numbers marked the end of U.S. markets’ worst week since the 2008 financial crisis. The economic fallout has also lead to massive layoffs and predictions of an unprecedented slowdown. Jill Schlesinger joins “CBS This Morning: Saturday” to break down the latest financial information.
The Dow tumbled more than nine hundred points to end Wall Street's worst week since 2008. It's on pace for its worst month since 1931. Kris Van Cleave reports.
The S&P 500 is now up just 6% since Mr. Trump was inaugurated a little over three years ago in January 2017.
The stock markets ended a brutal week on a positive note. The Dow bounced back by nearly 2,000 points, picking up more than 9% on Friday. CBS News business analyst Jill Schlesinger reports.
The Dow Jones Industrial Average closed down 10% on Thursday, its worst day since 1987. The Dow went from a record high to a downward bear market in just 19 days -- its fastest slide since 1931. Greg Ip, the Wall Street Journal's chief economics commentator, said a recession is "likely." He broke down the signs that point to an economic downturn and what the government can do to try and prevent it on "CBS This Morning."
The historic run-up in stocks that followed the Great Recession is over —stay calm, investment pros say.
The Dow Jones industrial average saw its biggest one-day drop in history over stock markets’ coronavirus panic, though investor optimism due to the Trump administration’s economic proposals helped lift world markets overnight. Nikki Battiste is at the New York Stock Exchange to report on whether the optimism is still helping numbers recover.
The Dow Jones Industrial Average on Monday saw its worst trading day since 2008 thanks to an oil price war and fears of the spread of coronavirus across the world. Associated Press White House reporter Jill Colvin, Wall Street Journal congressional reporter Natalie Andrews and New York Times Federal Reserve and economic reporter Jeanna Smialek spoke to CBSN's "Red & Blue" about the unfolding situation in Washington.
Plunges in stock, bond and oil markets are all flagging a significant drop in economic activity.
U.S. financial markets are slumping, with some economists forecasting a major blow to domestic growth.
Dow soars more than 900 points, as investors cheer Biden's primary wins and U.S. government efforts to stem pandemic.
Panic over a coronavirus outbreak could send the stock market into its worst week since the 2008 financial crisis. The Dow Jones industrial average saw its worst one-day point drop in history on Thursday as it lost an entire year’s worth of gains over the course of a week. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss the likely economic fallout.
The contagion's rapid spread exposes a flaw in U.S. stock prices, and investors are running for cover.
Rise extends a rally as investors take cheer from strong corporate earnings and a drop in new virus cases in China.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
The suit claims McMahon and others at the WWE were aware of misconduct decades ago and negligent in failing to prevent it.
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
Incumbent Sen. Bob Casey on Thursday conceded in the U.S. Senate race in Pennsylvania to Dave McCormick.
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
Haley said of Kennedy, Trump's pick to be HHS secretary, that he has no background in health care and accused Gabbard, tapped for DNI, of repeating "Russian talking points."
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.
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
Shohei Ohtani becomes the second player named MVP in both the American and National leagues.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Haley said of Kennedy, Trump's pick to be HHS secretary, that he has no background in health care and accused Gabbard, tapped for DNI, of repeating "Russian talking points."
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
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.
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Haley said of Kennedy, Trump's pick to be HHS secretary, that he has no background in health care and accused Gabbard, tapped for DNI, of repeating "Russian talking points."
Incumbent Sen. Bob Casey on Thursday conceded in the U.S. Senate race in Pennsylvania to Dave McCormick.
Life expectancy in the United States varies by more than 20 years depending on race and ethnicity and where you live, according to new research.
Kennedy's team is weighing a significant rewrite of the FDA's rules.
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.
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
Former president Jair Bolsonaro and 36 other people were indicted for allegedly attempting a coup to keep him in office after his defeat in the 2022 elections.
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.
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.
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.
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.
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
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.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
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.
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.
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.
There's a major effort underway to bring more Black doctors into hospitals and examination rooms nationwide, and that effort is focused on easing the burden of medical school for students at historically Black colleges and universities. Jericka Duncan has more.
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.
The American Farm Bureau Federation's annual survey found a difference between 2024 and 2023 Thanksgiving dinner prices. Business Insider senior personal finance reporter Jennifer Streaks discusses the cost changes and how to find meal deals.
Conspiracy theorist Alex Jones filed a lawsuit this week to try to block the sale of his right-wing company Infowars to satirical publisher The Onion. CBS News legal contributor Jessica Levinson breaks it down.
The Pentagon said Russia fired an experimental intermediate range ballistic missile at central Ukraine on Thursday. CBS News foreign correspondent Holly Williams reports.