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The Dow plunged over 480 points Monday as investors remain fearful the Federal Reserve could drive the economy into a recession with additional interest rate hikes. Dory Wiley, president and CEO of Commerce Street Holdings, joined CBS News' Lilia Luciano on the implications of the Fed's next move.
With the Labor Department on Friday reporting stronger November job numbers than expected, the Federal Reserve could react with yet another interest rate hike in an effort to curb inflation. Skyler Henry has the details.
The Labor Department's November jobs report showed the U.S. gained 263,000 jobs last month. But fears about inflation and a possible recession remain. Meg Oliver reports.
The November jobs report showed the U.S. economy added 263,000 jobs as the Federal Reserve considers its next interest rate hike. CBS News business analyst Jill Schlesinger joined Errol Barnett and Elaine Quijano with more on the direction of the labor market.
CBS News contributor Javier E. David joined Vladimir Duthiers and Anne-Marie Green with a look at the November jobs report and what it shows about the U.S. labor market as rising interest rates start to bite.
The Federal Reserve is expected to keep an eye on the November jobs report as it considers its next interest rate hike. Kristin Myers, editor-in-chief of The Balance, joins CBS News' Errol Barnett and Elaine Quijano to discuss on what to expect.
As the Federal Reserve continues efforts to bring Inflation down, S & P Global Ratings is warning of a mild recession in 2023. Beth Ann Bovino, chief economist for S & P Global Ratings, joined John Dickerson on "Prime Time" to discuss.
Federal Reserve Chair Jerome Powell said Wednesday that the Fed could slow interest rate hikes as soon as December. Larry Adam, chief investment officer at Raymond James, joined CBS News to discuss Powell's comments and what it could mean for the economic outlook.
Ryan Payne, president of Payne Capital Management, joined CBS News to discuss the latest U.S. economic indicators and what the third-quarter rise in the GDP means for consumers and the economy.
After six months of decline, the U.S. Gross Domestic Product increased at an annual rate of 2.9% in the third quarter. Lori Bettinger, president of BancAlliance and the former director of the Troubled Asset Relief Program at the Treasury Department, joined CBS News to discuss this latest economic indicator.
The Federal Reserve hinted it could soon ease up on its aggressive policy on interest rates. Editor-in-chief at The Balance Kristin Myers joins CBS News' Errol Barnett and Nancy Chen for more on what this could mean moving forward.
The meeting between President Biden and Chinese President Xi Jinping was seen as a good sign by traders who bet on the markets. Eswar Prasad, the Tolani senior professor of trade policy at Cornell University, joined CBS News' John Dickerson to discuss what the talks mean for the world economy and more.
Author Jon Hilsenrath has written a new book about the life of Treasury Secretary Janet Yellen titled "Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval." He joined Catherine Herridge to discuss the book and Yellen's impact on the economy.
According to a monthly report released by the Labor Department Thursday, the consumer price index rose 7.7% from October 2021 to October 2022, an indication that inflation may finally be easing. Lori Bettinger, president of BancAlliance, joined John Dickerson to discuss the latest inflation data, and what it means for the economy.
The average interest rate for a credit card has climbed to a record high as the Federal Reserve keeps hiking interest rates to curb inflation. Lilia Luciano takes a look.
The consumer price index rose 7.7% in October from a year earlier. Javier David, managing editor for business and markets at Axios, joined CBS News' Anne-Marie Green and Nancy Chen with a look at how the markets are reacting.
Historically, the stock market sees a considerable rise in the year following the midterms. Marley Kayden, business reporter and professor at DePaul University, joins CBS News to discuss investors' expectations for the 2022 elections and what we should anticipate from the market.
The Dow Jones rose more than 420 points on Monday ahead of Election Day. Kristin Myers, editor-in-chief of "The Balance," joins CBS News to discuss what she expects and the trends we've historically seen have following the midterms.
As the unemployment rate rose slightly to 3.7% last month, hiring across the nation continued to remained robust. Jacob Sonenshine, a markets reporter at Barron's, joined Weijia Jiang on CBS News to discuss what the recent jobs report means for the Federal Reserve's monetary tightening.
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
The Labor Department reported a drop in jobless claims for the week ending Oct. 29. This comes as the Federal Reserve hiked interest rates this week in an effort to tame rising inflation. Nick Bunker, economic research director for the Indeed Hiring Lab, joined CBS News to help bring clarity to the state of the economy and project what could be next.
Mortgage rates dipped for the first time in months as the Federal Reserve announced its latest interest rate hike. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" with the latest.
The Fed lifted its key interest rate again, marking the sixth rate hike this year and the fourth consecutive 0.75 percentage point jump since June. William Lee, the chief economist at the Milken Institute, joins Elaine Quijano to discuss the policy.
The Federal Reserve raised its benchmark interest rate by three-quarters of a point as it seeks to ease inflation. Robert Costa reports on the impact it could have on the midterm elections.
Markets turned volatile after the Federal Reserve announced it would increase interest rates by three-quarters of a percentage point. CBS News' Errol Barnett and Lana Zak speak with Edward Moya, senior market analyst for Oanda, about what today's action could signal for the markets and the economy.
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.
The only truce in the ongoing Israel-Hamas war on Nov. 24, 2023 – fewer than two months after fighting began – led to the release of 80 Israelis held by militants in Gaza.
Lt. Gen. Christopher Donahue was slated to be promoted to a four-star rank and take command of the U.S. Army in Europe.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Zvi Kogan, 28, an ultra-Orthodox rabbi who went missing on Thursday, ran a Kosher grocery store in the futuristic city of Dubai.
The shooting took place in the coastal province of Tabasco, which is struggling with a recent increase in violence.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Tortilla strips sold in grocery stores across the U.S. have been recalled due to concerns about an undeclared wheat allergen.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
The following is a transcript of an interview with Rep.-elect Sarah McBride, Democrat of Delaware, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
The following is a transcript of an interview with Ret. Gen. H.R. McMaster, national security adviser in the first Trump administration, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
The only truce in the ongoing Israel-Hamas war on Nov. 24, 2023 – fewer than two months after fighting began – led to the release of 80 Israelis held by militants in Gaza.
The shooting took place in the coastal province of Tabasco, which is struggling with a recent increase in violence.
Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon's military has largely kept to the sidelines.
Ten-year-old Chef Renad (who's gained a following on Instagram) and Hamada Shaqoura (who relies on humanitarian aid and crude cooking arrangements) educate while preparing meals in war-torn Gaza.
The drones were spotted between Wednesday and Friday near RAF Lakenheath, RAF Mildenhall and RAF Feltwell.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
There are very few American inventions more American than the martini – a classic cocktail of gin and vermouth, garnished with lemon. But today, a martini's ingredients may be up for debate.
Last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed the Fleetwood Mac founder's club, Fleetwood's on Front Street. Today, Mick Fleetwood is determined to rebuild, saying, "There has to be music."
As a young man, Fleetwood Mac founder Mick Fleetwood dreamed of a place – a club – where he could get his friends together. Twelve years ago, he made it happen in the west Maui city of Lahaina: Fleetwood's on Front Street. But last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed his treasured club. Today, Fleetwood says he's determined to rebuild. Correspondent Tracy Smith reports.
Every week on his blog, "Sandwiches of History," Barry Enderwick rescues sandwich recipes from the dustbin of history. He's now collected some of the unlikeliest (and even amazing) historical recipes in a cookbook.
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
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.
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
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.
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
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.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
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.
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.
Rep.-elect Sarah McBride, the first openly transgender person to be elected to Congress, tells "Face the Nation with Margaret Brennan" that as Republicans have sought to put forward a bathroom ban in the Capitol, she "didn't run for the United States House of Representatives to talk about what bathroom I use."
Ret. Gen. H.R. McMaster, who served as national security adviser in the first Trump administration, tells "Face the Nation with Margaret Brennan" that the longer-range missiles the White House are sending to Ukraine "can make a difference" in the final days of the Biden administration.The result, McMaster said, is the next few months are "really critical" for Ukraine.
Democratic Sen. Chris Van Hollen of Maryland, who last week backed Sen. Bernie Sanders' bill to block U.S. sending arms to Israel, told "Face the Nation with Margaret Brennan" that President Biden " is not fully complying with American law" on sending arms to Israel.
Democratic Sen. Tammy Duckworth of Illinois, a combat veteran of the Iraq War, tells "Face the Nation" that Pete Hegseth, President-elect Donald Trump's pick to lead the Defense Department, is "flat-out wrong" in his assessment that women shouldn't be in combat roles.
Republican Sen. Rand Pual of Kentucky tells "Face the Nation" that while he supports President-elect Donald Trump's plans for mass deportation, but through the "normal process of domestic policing." "I will not support and will not vote to use the military in our cities," Paul said.