Markets volatile after Dow plunge
The markets remained volatile Tuesday after the Dow dropped 1,175 points the day before. Scott Gamm, markets reporter for TheStreet.com, joins CBSN to discuss the latest.
Dow Jones
Wall Street jitters Dow drops more than a 1,000 points
All three major stock market indexes plummeted Monday amid fears of rising inflation and increased interest rates. At its lowest point, the Dow fell 1,600 points and closed down 1,100 points. It was the largest one-day point loss in the market's history. CBS News business analyst Jill Schlesinger joins CBSN to explain what is affecting the markets.
Trump touts tax plan
In a speech near Cincinnati, Ohio, President Trump touted his tax overhaul Monday. But the situation wasn't as positive on Wall Street. CBS News correspondent Dean Reynolds reports.
Dow plunges Monday
U.S. stocks plunged Monday, marking a second day of steep declines. CBS News business analyst Jill Schlesinger sits down with "CBS Evening News" anchor Jeff Glor to discuss what we can expect moving forward.
2/5: CBS Evening News
Dow plunges in largest one-day decline; Flu test can produce false negatives.
Trump touts tax cuts as Dow drops
President Trump touted his administration's tax cut plan and discussed manufacturing at the Sheffer factory in Cincinnati, Ohio.
Trump touts Republican-crafted tax plan as Dow plunges
Trump pushed his administration's tax cut plan and discussing manufacturing at the Sheffer factory
Dow drops 666 points
It was a bad end to a bad week on Wall Street. The Dow plunged 666 points Friday, or 2.5 percent -- the biggest percentage drop in a year and a half. For the year, however, it is still ahead. CBS News business analyst Jill Schlesinger discusses what rattled the market.
2/2: CBS Evening News
Dow plummets, suffering worst week in 2 years; Washing machine collector takes a whirl back in time
Dow's worst day in over 6 years
The Dow Jones Industrial Average dropped more than 660 points on Friday. It's been the worst week for the stock market since President Trump took office. Rick Newman, Yahoo finance columnist, joins CBSN to discuss.
Dow closes above 26,000 for the first time
It marks the shortest time it's taken for the index to grow 1,000 points
Dow Jones gives up 26,000 as huge rally fades
After taking another big leap following the long holiday weekend, U.S. stocks reversed and slid back to end lower
When will Wall Street's record run come to an end?
As the Dow hits 25,000, CBS News business analyst Jill Schlesinger says we're overdue for a correction -- but not just yet
Market predictions
Wall Street closed out 2017 with a triple-digit loss Friday on the Dow. But for the year, the Dow gained close to 5,000 points. CBS News business analyst Jill Schlesinger takes a look at what we can expect in the new year.
Dow 1 Million? Warren Buffett sees it (in 100 years)
The 87-year-old investor went long -- way long -- on the U.S. economy, calling bearish naysayers "out of their mind"
Dow closes at record for 5th day, but is everyone happy?
Since Donald Trump was elected president on November 8 -- 38 weeks ago -- the Dow is up nearly 20 percent
U.S. stocks leap on relief over French election results
Markets breathed a sigh of relief as a pro-business candidate came out ahead in the weekend's vote
Trump rally takes Dow over 21,000 for the first time
Investors are optimistic about President Trump's proposals for tax cuts and deregulation
Trump rally
A new CBS News poll found that 61 percent of Americans believe the economy is in good shape, the highest number since the Great Recession. A surging stock market is one reason; The Dow hit its tenth record high in a row on Thursday. Jim Axelrod has more.
Latest MoneyWatch headlines
Mexico's Cemex could gain from U.S. border wall; Verizon reportedly eyes Charter Communications; and Mark Zuckerberg reconsiders Hawaii land suits. These headlines and more from CBS MoneyWatch.
Dow's 20,000 milestone
On Wall Street, the Dow Jones Industrial Average will open above 20,000 points for the first time in history. It marks a major milestone since a low of around 6,500 during the Great Recession of 2009. The record comes just a few days after President Trump's inauguration. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the health of the U.S. economy.
Latest MoneyWatch headlines
Blue-chip Dow index tops 20,000 points; White House outlines proposed infrastructure projects; and Trump huddles with automaker chiefs. These headlines and more from CBS MoneyWatch.
What is the Dow Jones?
The Dow Jones Industrial Average crossed a historic marker. Here's a look at what the index is and how it got started.
Dow crosses 20K
Yahoo's Rick Newman discusses the Dow Jones Industrial Average, which crossed 20,000 for the first time during the trading day.
Bullish mood on 2017 economy?
After a slow start, the Dow Jones Industrial Average was up 13 percent in 2016. The U.S. economy has also added more than 1.7 million jobs in the private sector and hourly wages increased nearly 3 percent in the past year. MoneyWatch correspondent Jill Wagner joins "CBS This Morning: Saturday" to discuss how the optimism will impact the economy in the New Year.
Breaking
Gaetz ethics report says his drug use, sex with a minor violated state laws
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
Biden commutes sentences of 37 of 40 federal death row inmates
President Biden is granting clemency to 37 of the 40 federal inmates facing death sentences. Their sentences will be commuted to life in prison without the possibility of parole.
Honda and Nissan announce plans to merge
Honda and Nissan have announced plans to merge, forming world's third-largest automaker by sales as the industry transitions away from fossil fuels.
Luigi Mangione due in state court in UnitedHealthcare CEO assassination
Luigi Mangione is due in a New York courtroom to face state charges in the murder of UnitedHealthcare CEO Brian Thompson.
Woman fatally set on fire while sleeping on NYC subway, police say
A woman died after she was set on fire aboard the New York City subway on an F train in Brooklyn, police say.
The Container Store says it's filing for bankruptcy protection
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Rep. Kay Granger confirms she has "unforeseen health challenges"
Rep. Kay Granger has not cast a vote in Congress since July and stepped down from the powerful House Appropriations Committee in March.
Philippines says it will buy U.S. Typhon missile system, angering China
The Philippines says it plans to buy the U.S. Typhon missile system as part of a push to secure its maritime interests, sparking warnings from China of a regional "arms race."
Over 1,000 North Korean casualties in Russia-Ukraine war, South Korea says
North Korea has sent thousands of troops to reinforce the Russian military in its war against Ukraine.
U.S.
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The Container Store says it's filing for bankruptcy protection
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Luigi Mangione due in court on state murder, terrorism charges
Luigi Mangione is due in a New York courtroom to face state charges in the murder of UnitedHealthcare CEO Brian Thompson.
Breaking
Gaetz ethics report says his drug use, sex with a minor violated state laws
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
Nebraska Gov. Jim Pillen hospitalized after getting bucked off horse
Pillen's office did not specify what injuries he sustained or how serious they were, but noted he was expected to remain in the hospital for several days.
Drones collide, fall into crowd at holiday show in Florida, FAA says
A holiday drone show just days before Christmas was interrupted when drones collided, officials said.
MoneyWatch
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The Container Store says it's filing for bankruptcy protection
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Honda and Nissan announce plans to merge
Honda and Nissan have announced plans to merge, forming world's third-largest automaker by sales as the industry transitions away from fossil fuels.
Party City files for bankruptcy, a day after announcing mass layoffs
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Senate approves bill to expand Social Security to millions of Americans
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
How much more will it cost to heat your home this winter?
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
Politics
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Biden commutes sentences of 37 of 40 federal death row inmates
President Biden is granting clemency to 37 of the 40 federal inmates facing death sentences. Their sentences will be commuted to life in prison without the possibility of parole.
Breaking
Gaetz ethics report says his drug use, sex with a minor violated state laws
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
Nebraska Gov. Jim Pillen hospitalized after getting bucked off horse
Pillen's office did not specify what injuries he sustained or how serious they were, but noted he was expected to remain in the hospital for several days.
Trump tapping several who served in first administration for NSC roles
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 confirms she has "unforeseen health challenges"
Rep. Kay Granger has not cast a vote in Congress since July and stepped down from the powerful House Appropriations Committee in March.
HealthWatch
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HealthWatch
How to stay healthy during holiday gatherings
Seasonal illnesses are increasing just days away from the holidays. The CDC reports positive flu tests are up 9% in the most recent week and cases of whooping cough are six times last year's rate. Dr. Susannah Hills, an ear, nose and throat specialist at Columbia University Medical Center, explains how to stay safe.
Health care AI, intended to save money, requires expensive humans
Despite the hype over artificial intelligence in medicine, the systems require consistent monitoring and staffing to put in place and maintain.
Are you contagious? Here's when you're most likely to spread COVID, flu, RSV
How long are you contagious after getting COVID, flu, RSV, pneumonia and more? Here's what to know to keep others safe this holiday season.
CDC releases concerning new flu numbers
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.
A teen's misdiagnosis led to medication, but surgery led to a cure
Isaac Klapper was 10 years old when he started having episodes of what doctors initially thought was a movement disorder.
World
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Philippines says it will buy U.S. Typhon missile system, angering China
The Philippines says it plans to buy the U.S. Typhon missile system as part of a push to secure its maritime interests, sparking warnings from China of a regional "arms race."
Over 1,000 North Korean casualties in Russia-Ukraine war, South Korea says
North Korea has sent thousands of troops to reinforce the Russian military in its war against Ukraine.
Israeli settlements, and the expanding divide of settlers and Palestinians
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.
German authorities had received tipoffs about Christmas market attack suspect
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.
U.S. Navy crew ejects safely when jet shot down by likely "friendly fire"
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Entertainment
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Entertainment
Blake Lively accuses costar of smear campaign
Actress and producer Blake Lively has accused Justin Baldoni, her costar and the director of "It Ends with Us," of repeated sexual harassment on set and of orchestrating a smear campaign against her. Baldoni's attorney called the claims "categorically false."
"Christmas Dance" by Darren Criss
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."
Holiday music with Darren Criss: "Have Yourself a Merry Little Christmas"
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."
Music with Darren Criss: "Happy Holidays/The Holiday Season"
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 on "Maybe Happy Ending"
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."
Technology
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Health care AI, intended to save money, requires expensive humans
Despite the hype over artificial intelligence in medicine, the systems require consistent monitoring and staffing to put in place and maintain.
Why drone hysteria has taken off
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.
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.
Why drone hysteria has taken off
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.
Supreme Court agrees to hear case about TikTok ban
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.
Science
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What to know about the winter solstice, 2024's shortest day
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.
Class-action lawsuit over plastic recycling
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.
Why fish, birds and other animals yawn too, according to an expert
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.
Americans coexisted with 4-ton sloths for millennia, research shows
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
EPA tackling pollution in at-risk communities
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.
Crime
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Crime
CEO killing suspect to be arraigned
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, is expected to appear in a New York court Monday to face state charges, including first-degree murder as a crime of terrorism.
Luigi Mangione due in court on state murder, terrorism charges
Luigi Mangione is due in a New York courtroom to face state charges in the murder of UnitedHealthcare CEO Brian Thompson.
Woman killed after being set on fire on NYC subway
A suspect is in custody after a woman was killed after being set on fire inside a New York City subway car on Sunday. Tammy Mutasa has the latest.
Woman fatally set on fire while sleeping on NYC subway, police say
A woman died after she was set on fire aboard the New York City subway on an F train in Brooklyn, police say.
Who killed JonBenét Ramsey? Her dad believes DNA could reveal killer
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.
Space
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Discovery of "tipped over" black hole surprises NASA scientists
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Why are the Boeing Starliner astronauts stuck in space?
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 delayes return date for astronauts
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 leader weighs in on Elon Musk, SpaceX and plans for moon rocket
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Boeing Starliner crew's return delayed again
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.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
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 troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Summer music heats up 2024
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.
Latest CBS News Videos
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Latest CBS News Videos
Journey of award-winning chef Masako Morishita
Masako Morishita, this year's James Beard Award winner for emerging chef, has only been cooking professionally for a few years. Jan Crawford shows how her culinary journey in Washington, D.C., started with an unexpected twist.
Blake Lively accuses costar of smear campaign
Actress and producer Blake Lively has accused Justin Baldoni, her costar and the director of "It Ends with Us," of repeated sexual harassment on set and of orchestrating a smear campaign against her. Baldoni's attorney called the claims "categorically false."
How to stay healthy during holiday gatherings
Seasonal illnesses are increasing just days away from the holidays. The CDC reports positive flu tests are up 9% in the most recent week and cases of whooping cough are six times last year's rate. Dr. Susannah Hills, an ear, nose and throat specialist at Columbia University Medical Center, explains how to stay safe.
NFL playoff picture after weekend games
James Brown, host of "The NFL Today" on CBS, breaks down the big NFL games over the weekend and what the AFC and NFC playoff pictures look like ahead of the final weeks of the season.
CEO killing suspect to be arraigned
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, is expected to appear in a New York court Monday to face state charges, including first-degree murder as a crime of terrorism.