Dow Jones enters bear market territory
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.
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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.
Inflation is negatively impacting the U.S. stock market. The Dow Jones fell 880 points Friday. Yahoo Finance reporter Alexandra Semenova joins CBS News to discuss the impact of rising consumer prices.
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.
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.
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.
The Dow Jones posted gains for the second day in a row, gaining more than 800 points. Axios Business reporter Hope King joins CBS News to discuss the latest.
The Dow Jones dropped Thursday following the release of the weekly jobless numbers and the Federal Reserve announcing a 0.5% interest rate hike as part of its ongoing effort to combat rising inflation. Frances Stacy, the director of portfolio strategy at Optimal Capital, joins CBS News to discuss the overall health of the U.S. economy.
President Biden announced the U.S. will ban Russian imports of oil. That announcement and other news surrounding Russia's war in Ukraine sent the stock market on a rollercoaster Tuesday. David Ragland, chief investment officer of IRC Wealth, joins CBS News at the closing bell to explain why days like these could be a good sign on Wall Street.
Stock markets tumbled a day after the Federal Reserve announced an interest rate hike to combat inflation. Gargi Chaudhuri, head of iShares Investment Strategy, Americas at Blackrock, joins CBS News' Tanya Rivero and Mola Lenghi to break down the trading day and the Fed's decision.
New figures from the Bureau of Labor Statistics show inflation slowed in April for the first time since August. But the Dow ended the day down more than 300 points. Michael Rosen, managing partner and chief investment officer at Angeles Investments, joins CBS News to discuss the impact inflation coupled with the falling stock and bonds markets have had on Americans' pensions and retirement funds.
The Dow Jones saw its biggest point loss in a single day since the pandemic began. Robert Schein, chief investment officer at Blanke Schein Wealth Management, joins CBS News at the closing bell to break down the day of losses on Wall Street.
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.
U.S. stocks fell sharply on Thursday, pushing the Dow Jones below 30,000 for the first time since January 2021. Meanwhile, mortgage rates had their biggest one-week jump in 35 years after the Federal Reserve hiked interest rates to tame inflation. Bartie Scott, a senior economy editor for Business Insider, joins Carter Evans to discuss.
The Federal Reserve on Wednesday announced its largest interest rate hike since 1994, in an effort to combat historic inflation. Matthew Luzzetti, a senior economist at Deutsche Bank, joins CBS News to discuss how the move is impacting the stock market.
Major stock indexes ended Wednesday mostly flat despite gains early in the day. Wall Street Journal reporter Caitlin McCabe joins CBS News at the closing bell to discuss what is driving the market.
The Dow Jones bounced back late Tuesday after dipping more than 800 points during the day, while other major indexes ended the day down. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the day's trading and what investors should be looking towards.
The markets tumbled to kick off the new week, with the Dow Jones dropping roughly 650 points on Monday. Rod von Lipsey, the managing director at UBS Private Wealth Management, joins CBS News to discuss the impact the Federal Reserve's interest rate hikes are having on the markets.
Stocks fell Monday as markets continue to respond to Friday's inflation report. Tim Pagliara, a wealth adviser and the chief investment officer at CapWealth, talked to CBS News about what these losses could mean for the future of the U.S. economy.
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.
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.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
NASA's Artemis II astronauts launched on a nine-day mission around the moon and back. Follow live updates.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
The Supreme Court on Wednesday appeared open to invalidating President Trump's executive order that would end birthright citizenship.
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
The Noem policy meant the secretary was required to personally sign off on thousands of DHS contracts.
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.
Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
The State Department announced Wednesday that it is modifying the Foreign Service Officer Test to reflect the foreign policy goals of the Trump administration.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Indonesia, a vast archipelago of more than 280 million people, sits on major seismic faults and is frequently hit by earthquakes.
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
A video shows the moment when the M/V Bandero, operated by the Captain Paul Watson Foundation, steams toward the stern of the fishing vessel.
American commandos joined Ecuadorian troops in a joint mission aimed at dismantling a suspected criminal hub along the country's coast.
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
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 JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back. Follow live updates.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
A child was being pushed in a stroller at Moore and Humboldt streets in East Williamsburg on Wednesday when she suffered a gunshot wound to the head, police said.
James Farthing, who won the $167.3 million Powerball jackpot last April, was arrested for a third time since collecting his grand prize. CBS News' Shanelle Kaul has more.
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back. Follow live updates.
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump addressed the nation about the Iran war Wednesday night, saying that the U.S. would complete its mission there "very shortly." CBS News' Ed O'Keefe remarks on the president's remarks and J.D. Simkins, editor-in-chief of the Military Times and Defense News, joins with analysis.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
President Trump addressed the nation Wednesday night about the Iran war. Tony Dokoupil anchored CBS News' special report.
President Trump sought to assure Americans that the conflict with Iran would be brief compared to other wars in U.S. history and insisted that gas prices would go down quickly. Nancy Cordes reports.
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.