Latest MoneyWatch headlines
Snap could be worth $22B after IPO; Nasdaq notches record for 7 straight days; and Puzder removes himself from Labor Secretary nomination. These headlines and more from CBS MoneyWatch.
Nasdaq
U.S. stocks edge higher in early trading
Powered by energy shares, Dow index opens above 20,000 mark for second day in a row
Wall Street greets President Trump with a bounce
That's something the stock market hasn't done on Inauguration Day since President Reagan's second in 1985
A nagging doubt below the market's ebullient surface
Good feelings abound among investors, business owners and consumers, yet some hard data suggest otherwise
Wall Street kicks off 2017 with a flourish
All three major indexes closed higher on the year’s first day of trading, led by energy, banks and tech names
Wall Street ends 2016 way ahead of its start
Stocks repeatedly bounced back from steep slumps, leaving investors feeling a lot better than most expected
Health care stocks skid, keeping Dow shy of 20,000
Key U.S. industrial-stocks benchmark falls short of the magic number so many investors have been wanting to see this week
Tech stocks could gain more fuel from the Trump summit
After lagging in the post-election rally, the sector is surging on hopes for corporate tax cuts and a cash repatriation deal
Wall Street's Trumphoria is giving way to Fedphobia
The historic post-election stock rally is at risk as the central bank looks set to raise interest rates by a quarter-point
Wall Street's 3-week "Trump rally" ends with whimper
Major U.S. stock indexes stumble after record runup in wake of Donald Trump's election victory
After turkey break, U.S. stocks stretch to new record
S&P 500 registers third straight week of gains, as investors bet on greater economic growth under a President Trump
On a tear, Dow closes above 19,000 mark for first time
Blue-chip index crosses new threshold amid post-election investor euphoria; Nasdaq, S&P 500 also at record levels
Stocks party like its 1999 even as risks mount
As all the major indexes set new highs, several ominous trends are pointing to dangers down the road
Stock trifecta: Dow, Nasdaq, S&P 500 climb to new heights
Buoyed by a boost in oil prices and renewed economic optimism, benchmark U.S. indexes notch record highs
U.S. stocks fall short of record highs
Dow Jones industrials, S&P 500 and Nasdaq indexes each needed just a few points to top previous peaks
U.S. stocks surge after FBI clears Clinton
Emerging from a nine-day slump, financial markets jump after probe of Democratic candidate's emails reveals nothing new
Wall Street slides for ninth straight day
Even a healthy jobs report wasn’t enough to keep stocks in the black for the day, given the election cliffhanger
Rattled by presidential election, stocks extend losing streak
Rising political uncertainty has investors on edge, with the gap in polls between Hillary Clinton and Donald Trump narrowing
Can stocks continue their post-payrolls bounce?
With Wall Street ready to end its sideways crawl, will hopes of a delayed rate hike get buyers excited again?
Stocks give up gains that came with Yellen's upbeat talk on economy
After two days of losses, Wall Street adds to retreat as cheer evaporates after Federal Reserve chair's speech in Wyoming
Latest MoneyWatch headlines
The Dow, S&P 500 and Nasdaq rose together Thursday to record highs; retail sales were flat last month; and Arianna Huffington will leave the Huffington Post. These headlines and more from CBS MoneyWatch.
Wall Street wins three gold medals on Thursday
All three major stock indexes finished at new highs on the same day for the first time since December 1999
Strong jobs report, Brexit
Investors embraced the Labor Department's stronger-than-expected employment report for July. The S&P 500 Index and the NASDAQ closed at record highs on Friday. CBS News business analyst Jill Schlesinger joins "CBS This Morning: Saturday" to explain what the jobs report tells about the economy and the significance of the Brexit decision.
U.S. stocks slide as consumer companies fall
Dow has fallen for seven days in a row amid concerns that robust consumer spending could dip
U.S. stocks higher, another record close for Dow and S&P 500
Banks lead Wall Street advance after JPMorgan Chase reports better-than-expected earnings
live updates
Fires in L.A. area leave at least 10 dead, apocalyptic scenes
The Palisades, Eaton, Hurst and Lidia fires are burning in Southern California, forcing tens of thousands of people to evacuate. Here are the latest updates.
Trump to be sentenced for New York "hush money" crimes, a historic first
Trump was found guilty in May of 34 felonies in authorizing a scheme in 2017 to falsify records in order to cover up reimbursements for a "hush money" payment.
Employers added 256,000 jobs in December, blowing away forecasts
Friday's jobs numbers mark the last employment report of the Biden administration.
Appeals court won't block partial release of special counsel's Trump report
Special counsel Jack Smith submitted his final report on his investigations into President-elect Donald Trump to Attorney General Merrick Garland on Tuesday.
The TikTok ban heads to the Supreme Court today. Here's what to know.
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on TikTok in the U.S.
Maduro to be sworn in again despite outcry over Venezuela's election
Donald Trump says Venezuela's embattled opposition leader must be protected, as President Nicolas Maduro prepares to take the oath again after allegedly stealing an election.
TV bailiff accused of murder sobs, "I live with it every day"
Renard Spivey was found not guilty of his wife's murder, but he says he still can't sleep at night.
Founder of adult website linked to mass rape trial faces charges
The website enabled Dominique Pelicot to recruit dozens of strangers to rape his heavily sedated wife for years, authorities say.
Jimmy Carter laid to rest in Plains, Georgia, after funeral service in D.C.
President Biden honored former President Jimmy Carter in a eulogy at his funeral.
U.S.
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Rudy Giuliani back in D.C. federal court for contempt hearing in defamation case
Two Georgia election workers asked a federal judge to hold Rudy Giuliani in contempt for allegedly continuing to defame them in violation of a court order.
Employers added 256,000 jobs in December, blowing away forecasts
Friday's jobs numbers mark the last employment report of the Biden administration.
TV bailiff accused of murder sobs, "I live with it every day"
Renard Spivey was found not guilty of his wife's murder, but he says he still can't sleep at night.
Trump to be sentenced for New York "hush money" crimes, a historic first
Trump was found guilty in May of 34 felonies in authorizing a scheme in 2017 to falsify records in order to cover up reimbursements for a "hush money" payment.
Many Americans are leaving U.S. states with abortion bans, study finds
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.
MoneyWatch
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Employers added 256,000 jobs in December, blowing away forecasts
Friday's jobs numbers mark the last employment report of the Biden administration.
Many Americans are leaving U.S. states with abortion bans, study finds
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.
Prison inmates among those fighting the Los Angeles wildfires
Hundreds of incarcerated firefighters are working to extinguish the massive blaze scorching Los Angeles.
What Californians should know about filing insurance claims after fire
For those who have it, a standard homeowners' insurance policy does cover destruction caused by fire, including wildfires.
Businesses offer aid to people affected by Los Angeles wildfires
Some businesses are offering free emergency shelter and other services to residents who have been displaced by the Los Angeles fires.
Politics
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Rudy Giuliani back in D.C. federal court for contempt hearing in defamation case
Two Georgia election workers asked a federal judge to hold Rudy Giuliani in contempt for allegedly continuing to defame them in violation of a court order.
Trump to be sentenced for New York "hush money" crimes, a historic first
Trump was found guilty in May of 34 felonies in authorizing a scheme in 2017 to falsify records in order to cover up reimbursements for a "hush money" payment.
Appeals court won't block partial release of special counsel's Trump report
Special counsel Jack Smith submitted his final report on his investigations into President-elect Donald Trump to Attorney General Merrick Garland on Tuesday.
Supreme Court won't stop Trump sentencing in "hush money" criminal case
President-elect Trump's sentencing for his criminal conviction in New York is scheduled for Friday morning.
Appeals court pauses plea proceedings in alleged 9/11 architect KSM's case
The U.S. had filed an appeal to stop plea proceedings for alleged 9/11 architect Khalid Sheikh Mohammed and two others from moving forward Friday in the war court in Guantanamo Bay.
HealthWatch
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Many Americans are leaving U.S. states with abortion bans, study finds
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.
Slipped up during Dry January? Expert tips for getting back on track
In Dry January, people choose to give up alcohol for the month, but what happens if they have a drink? Here's what an expert says.
Over 17,000 doctors urge Senate to reject RFK Jr. as health secretary
Thousands of doctors are calling on the Senate to reject Trump's nomination of Robert F. Kennedy Jr., saying he is "actively dangerous."
Most of the world's 35,000 online pharmacies are run illegally, U.S. warns
Ninety-six percent of online pharmacies were found to violate the law, meaning they were operating without a license and selling medications without prescriptions.
How Olivia Munn's cancer journey sparked life-saving test for Alison Hall
"Inside Edition" correspondent Alison Hall opens up about her breast cancer battle and how Olivia Munn's own experience with early detection inspired her to take a life-saving risk assessment test.
World
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Maduro to be sworn in again despite outcry over Venezuela's election
Donald Trump says Venezuela's embattled opposition leader must be protected, as President Nicolas Maduro prepares to take the oath again after allegedly stealing an election.
Mercury's north pole seen in stunning new photos after spacecraft flyby
The BepiColombo spacecraft swooped as close as 183 miles above Mercury's night side before passing directly over the planet's north pole.
Founder of adult website linked to mass rape trial faces charges
The website enabled Dominique Pelicot to recruit dozens of strangers to rape his heavily sedated wife for years, authorities say.
Woman reportedly wounds 8 in hammer attack at university in Tokyo
Japanese media say a sociology student attacked her classmates with a hammer during class after voicing frustration at being ignored.
Most of the world's 35,000 online pharmacies are run illegally, U.S. warns
Ninety-six percent of online pharmacies were found to violate the law, meaning they were operating without a license and selling medications without prescriptions.
Entertainment
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"This Is Us" star Milo Ventimiglia loses home to Los Angeles fires
Ventimiglia, a 47-year-old father to be, is among the celebrities affected by the destructive blazes that broke out Tuesday morning.
Alec Baldwin files lawsuit over manslaughter charge in fatal "Rust" shooting
The lawsuit was filed in Santa Fe, where a judge in July dismissed a charge of involuntary manslaughter against Alec Baldwin in the death of cinematographer Halyna Hutchins.
Actor Milo Ventimiglia loses home in L.A. fires
Actor Milo Ventimiglia has revealed his family's Malibu home burnt down in the Los Angeles fires -- an eerie reflection of the tragedy that befell his character on the NBC drama series "This Is Us." Tony Dokoupil has more.
TikTok could shut down unless Supreme Court blocks or delays U.S. ban
Court to hear arguments Friday on law forcing TikTok sale by Chinese parent company that takes effect in Jan. 19.
Harlan Coben on success of "Missing You"
Harlan Coben joins CBS Mornings to talk about "Missing You," the global TV hit he executive produces. Based on his novel, the show follows Det. Kat Donovan as she investigates the case of a missing person.
Technology
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The TikTok ban heads to the Supreme Court today. Here's what to know.
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on TikTok in the U.S.
TikTok could shut down unless Supreme Court blocks or delays U.S. ban
Court to hear arguments Friday on law forcing TikTok sale by Chinese parent company that takes effect in Jan. 19.
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.
Fact-checkers to Mark Zuckerberg: We never censored anything
Fact-checking firms that teamed with Meta are refuting CEO Mark Zuckerberg's suggestion linking their work to censorship.
Implications of Meta's decision
Nick Thompson, CEO of "The Atlantic" and former editor-in-chief of "Wired," discusses the consequences of Meta's decision to end its fact-checking program and the rise of self-policing in a "post-information" age.
Science
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Science
Jimmy Carter's fight against climate change
The wildfires in California are the latest in a string of natural disasters made worse by climate change. Former President Jimmy Carter was one of the first U.S. officials to draw attention to man-made issues impacting the environment. Gus Speth, a member and chair of the Council on Environmental Quality during Carter's presidency, joins "The Daily Report."
What is Biden's legacy on climate change?
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of President-elect Donald Trump's to-do list. CBS News environmental correspondent David Schecter joins "America Decides" to look at the outgoing president's record on the issue.
Biden offers aid to California to fight fires
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday afternoon to help California boost the ranks of those battling the blazes. CBS News correspondent Elise Preston has more from Malibu.
Scientists: "Toxic" semen could kill female mosquitoes, curb disease spread
Female mosquitoes are targeted because only they bite and drink blood, thereby spreading diseases such as malaria and dengue fever.
Jimmy Carter's environmental legacy
As the U.S. Capitol prepares to honor former President Jimmy Carter, Rolling Stone climate reporter Jeff Goodell looks back on his environmental legacy.
Crime
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TV bailiff accused of murder sobs, "I live with it every day"
Renard Spivey was found not guilty of his wife's murder, but he says he still can't sleep at night.
Suspect captured week after Wisconsin woman, 2 girls found dead
Elizabeth Kolba, 33, and two girls ages 12 and 13 were found shot to death at a home in New Lisbon on Dec. 30.
Founder of adult website linked to mass rape trial faces charges
The website enabled Dominique Pelicot to recruit dozens of strangers to rape his heavily sedated wife for years, authorities say.
Woman reportedly wounds 8 in hammer attack at university in Tokyo
Japanese media say a sociology student attacked her classmates with a hammer during class after voicing frustration at being ignored.
Military doctor pleads guilty to sexually abusing dozens of soldiers
Maj. Michael Stockin faced 52 charges involving claims of abusive sexual contact with 41 victims, the Army said.
Space
More Space
Mercury's north pole seen in stunning new photos after spacecraft flyby
The BepiColombo spacecraft swooped as close as 183 miles above Mercury's night side before passing directly over the planet's north pole.
NASA studies options to rein in cost of Mars Sample Return mission
NASA hopes a revised plan will get Mars samples back to Earth faster and cost less than the agency's original plan.
Webb telescope spots record number of stars in distant galaxy
A phenomenon called gravitational lensing turned a galaxy into a "hall of mirrors of cosmic proportions," allowing for the discovery.
NASA probe beams home update after record-breaking flyby of sun
NASA said scientists began receiving more detailed telemetry — or "housekeeping data" — from the spacecraft on New Year's Day.
When and where to see the Quadrantids, 2025's first meteor shower
The first meteor shower of 2025 is about to peak. Here's how to watch and where you can see the Quadrantids.
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.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Latest CBS News Videos
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Latest CBS News Videos
Winter storm hits southern U.S.
A brutal winter storm is bringing heavy snow and freezing rain to the southern and central United States. Winter storm warnings stretch from Texas to North and South Carolina. CBS News correspondent Skyler Henry has more.
Supreme Court to hear TikTok case soon
The Supreme Court will hear arguments Friday challenging the federal TikTok ban. Right now, the ban is set to go into effect January 19 unless TikTok's parent company, China-based ByteDance, sells the app. CBS News Supreme Court and legal producer Catherine Cole has more.
At least 10 killed in Los Angeles wildfires
Officials now say at least ten people have been killed and thousands of homes, businesses, and other structures have been destroyed in the Los Angeles wildfires that continue to ravage the area. CBS News correspondent Danya Bacchus has more.
Trump to be sentenced in "hush money" case
President-elect Donald Trump will be sentenced Friday for his New York "hush money" conviction. Trump was found guilty last year on 34 counts for falsifying business records. CBS News political reporter Olivia Rinaldi has more.
Slowdown expected in December jobs report
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are expected to have added 153,000 jobs last month, a significant drop from November's report that saw 227,000 new jobs. CBS News MoneyWatch correspondent Kelly O'Grady has more.