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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.
Investors cheered by reports that the world's two biggest economies are ready to sign a "phase one" agreement.
A $150B fund headed by Ray Dalio, one of Wall Street's top China experts, is said to put money on a U.S. stock drop by March
Uncertainty in Washington and new tariffs against Europe are more bad news for the Dow, which whipsawed Thursday
Your 401(k) may be taking a hit this week after another sell-off in the markets. The Dow, Nasdaq and S&P each lost more than 1.5% of their value Wednesday, the second straight day of losses. President Trump placed the blame on his political foes, and "impeachment nonsense." CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss what's really behind the drop.
From Labor Day to the U.S. Open Tennis Championships, "Sunday Morning" takes a look at some notable events of the week ahead
President Trump hit China with new tariffs as retaliation for tariffs China slapped on U.S. goods. The escalating trade war has Wall Street very worried. Weijia Jiang reports.
The Dow lost more than 1% after China announced a round of retaliatory tariffs on $75 billion of U.S. products.
President Trump confirmed Tuesday that the White House is looking to roll out another tax cut, as economists warn of an oncoming recession. Washington Post chief correspondent Dan Balz and Politico's White House reporter Nancy Cook join CBSN's "Red & Blue" with details.
A strong economy is key to President Trump's reelection campaign. But the trade war with China is fueling concerns about an economic downturn. Paula Reid reports.
Financial markets closed up after swinging sharply this week on fears of a recession and a global slowdown
Stocks drop over fears of recession; Congressional seat distribution under attack?
Dow Jones Industrial Average dips 800 points; Plastic pollution reaches far and wide.
There are new fears of a recession, and Wall Street took a hit Wednesday. CBS News business analyst Jill Schlesinger joins the "CBS Evening News" to explain.
The Dow Jones was down on Wednesday after indicators about the global bond market signaled a possible recession looming. This comes after reports U.S. mortgage debt has hit an all-time high. Kevin Cirilli of Bloomberg joined CBSN to break down how this all relates to President Trump's trade war with China.
The Dow jumped more than 400 points after tariffs were delayed on products like cell phones and gaming consoles
Stocks closed sharply lower on Wall Street Monday after China let its currency sink to the lowest level against the dollar in more than a decade. That follows tweets from President Trump last week threatening tariffs on about $300 billion dollars of Chinese goods. CBS News Correspondent Tom Hanson breaks it down.
S&P 500 sees strongest week since November as investors bet the Fed will soon cut interest rates to stoke growth
The stock market opened Friday following the Trump administration's increase in tariffs on Chinese goods. Senior columnist at Yahoo Finance, Rick Newman, joined CBSN to discuss how the tariffs are impacting the market, and consumers.
Investors are jittery as the Trump administration ratchets up the pressure on tariffs ahead of negotiations with China on Thursday.
The "yield curve" inverted on Friday -- the first time that's happened in bond markets since eve of Great Recession
Trading in the year's first month marks a sharp reversal from December, which was the worst month since 1931
Wall Street looks set to follow suit in Monday trading as investors grow wary again about global growth
Brian McCormack, a longtime energy consultant, and Andrew Peek, a seasoned Middle East adviser, will take senior roles on the NSC, according to people familiar with the matter.
Record holiday travel is expected in the U.S. this year, with the weekend before Christmas projected to be one of the busiest times for transit.
Republican Rep. Tony Gonzales of Texas compared Elon Musk to a prime minister after the Tesla CEO got involved in a tumultuous funding fight on Capitol Hill this week.
Rep. Kay Granger has not cast a vote in Congress since July and stepped down from the powerful House Appropriations Committee in March.
Over half of Americans see the drones that have been spotted over the East Coast as a threat to the U.S.
Police in Magdeburg, Germany, said Sunday that those who died were four women aged 45, 52, 67 and 75, as well as a 9-year-old boy.
UnitedHealthcare CEO Brian Thompson was gunned down in New York earlier this month, and there has been some celebration on social media of the suspected killer.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Brian McCormack, a longtime energy consultant, and Andrew Peek, a seasoned Middle East adviser, will take senior roles on the NSC, according to people familiar with the matter.
Suchir Balaji, a former researcher at OpenAI who openly questioned the legality of its data-gathering practices, died by suicide, authorities said.
Department of Homeland Security Secretary Alejandro Mayorkas said "a really terrific solution was killed by irresponsible politics" when the bipartisan border deal fell apart earlier this year.
Sen. Joe Manchin sat down for an exit interview of sorts with "Face the Nation with Margaret Brennan."
Republican Rep. Tony Gonzales of Texas compared Elon Musk to a prime minister after the Tesla CEO got involved in a tumultuous funding fight on Capitol Hill this week.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Brian McCormack, a longtime energy consultant, and Andrew Peek, a seasoned Middle East adviser, will take senior roles on the NSC, according to people familiar with the matter.
Rep. Kay Granger has not cast a vote in Congress since July and stepped down from the powerful House Appropriations Committee in March.
Department of Homeland Security Secretary Alejandro Mayorkas said "a really terrific solution was killed by irresponsible politics" when the bipartisan border deal fell apart earlier this year.
Sen. Joe Manchin sat down for an exit interview of sorts with "Face the Nation with Margaret Brennan."
Republican Rep. Tony Gonzales of Texas compared Elon Musk to a prime minister after the Tesla CEO got involved in a tumultuous funding fight on Capitol Hill this week.
Thirteen states reported "high" or "very high" levels of flu-like illness last week, according to the U.S. Centers for Disease Control and Prevention. That's double the number of states from the week before. Ali Bauman reports.
Isaac Klapper was 10 years old when he started having episodes of what doctors initially thought was a movement disorder.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Today, upwards of 700,000 Israelis live in settlements which the U.N. calls illegal. "Sunday Morning" talks with two settlers and with Palestinians in the West Bank living on opposite sides of an Israeli security barrier.
Police in Magdeburg, Germany, said Sunday that those who died were four women aged 45, 52, 67 and 75, as well as a 9-year-old boy.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
In 2024, more than 10,000 people died in traffic accidents in Brazil, according to the Ministry of Transportation.
In this web exclusive, Darren Criss and the Young People's Chorus of New York City help "Sunday Morning" celebrate the holiday in a performance of Criss' "Christmas Dance."
Darren Criss, the beloved star of television's "Glee," and the Broadway musical "Maybe Happy Ending," helps "Sunday Morning" celebrate Christmas with a performance of the Hugh Martin-Ralph Blane standard, "Have Yourself a Merry Little Christmas."
Darren Criss (the beloved star of television's "Glee," and the Broadway musical "Maybe Happy Ending") and the Young People's Chorus of New York City help "Sunday Morning" celebrate Christmas with a performance of "Happy Holidays/The Holiday Season."
Darren Criss became a fan favorite on the hit TV series "Glee," and won an Emmy for "American Crime Story." Now he's starring in the acclaimed musical "Maybe Happy Ending." He talks about his road to Broadway, and his credo that "Life is a cabaret."
Darren Criss became a fan favorite on the hit TV series "Glee," and won an Emmy for "American Crime Story." Now he's starring in the acclaimed musical "Maybe Happy Ending." He talks with correspondent Kelefa Sanneh about his road to Broadway, his blessings and losses, and his credo that "Life is a cabaret."
Alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones.
By most accounts, alleged drone sightings have been multiplying exponentially, with more than 5,000 reported in just the past few weeks. But experts say the majority of reports about unusual lights in the sky are probably anything but drones. Correspondent Tom Hanson reports.
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 Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
A look back at how "48 Hours" covered the 1996 Christmastime murder of JonBenét Ramsey in 2002, and what her father John Ramsey says about the unsolved Colorado case nearly 28 years later.
After California man's death sentence is overturned, there's a renewed push to clear him.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Luigi Mangione, now held in a New York City lock-up, could face the death penalty if convicted of the shooting death of UnitedHealthcare CEO Brian Thompson. The killing is sparking new concerns about violent extremism bubbling across the country.
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
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.
Two weeks after Syrian dictator Bashar al-Assad was overthrown, the scope of Assad's decades-long abuse of human rights is coming into clearer focus. Imtiaz Tyab reports from Damascus.
Roger Carstens, the White House special presidential envoy for hostage affairs, speaks to "Face the Nation with Margaret Brennan" from Jordan after he traveled to Syria to seek information on Austin Tice. While in Syria, he said he was "stunned" by the number of prisons that were operating under the Assad regime, making it that much harder to find Tice.
Sen. Joe Manchin of West Virginia, a former Democrat turned independent who is retiring in January, tells "Face the Nation with Margaret Brennan" that despite the incoming Republican majority in the Senate, he believes both parties are "not going to let the filibuster blow apart." Manchin supports keeping the filibuster in place, despite having backed reconciliation for the Inflation Reduction Act, a key Biden administration bill.
GOP Rep. French Hill of Arkansas tells "Face the Nation with Margaret Brennan" that despite 34 Republicans voting against Speaker Mike Johnson's own continuing resolution to fund the government, he believes his party in both Houses of Congress are "united" behind President-elect Donald Trump's border and energy agenda.
Biden administration Department of Homeland Security Secretary Alejandro Mayorkas tells "Face the Nation with Margaret Brennan" that the White House turned to Congress for a solution to the immigration surge, but "looking back now in hindsight, in 2020 if we had known that irresponsible politics would have killed what was clearly a meritorious effort and a meritorious result, perhaps we would have taken executive action more rapidly."