Moneywatch Headlines
Nasdaq's rise puts the tech-heavy benchmark back in the black for 2016; Starbucks is hiking some prices; and L.A. Rams sell out season tickets in just six hours. These headlines and more from CBS MoneyWatch.
Nasdaq
Another record close: Dow, S&P 500 land in uncharted terrain
Nasdaq Composite tops 5,000 for the first time this year as investors embrace optimistic view of global economy
S&P 500 ends at all-time high as Wall Street extends rally
The benchmark is up about 5 percent for 2016 as investors hold optimistic view of economy and moves by global central banks
S&P 500 closes near record after best jobs report of the year
Erasing post-Brexit losses, benchmark index climbs to lofty level after June payrolls data greatly exceed expectations
S&P 500 flirts with record finish after strong hiring report
Benchmark indexes erase post-Brexit losses as Wall Street celebrates far-better-than-expected nonfarm payrolls report
An early gain fades, leaving stocks mixed
Investors sell utility and phone company stocks, safe-play assets favored in the wake of Britain's vote to leave the EU
Wall Street reverses course and ends higher
Even with bond yields near historic lows, investors turned their risk appetite back on in the afternoon and bid stocks up
Post-Brexit shudders ripple across financial markets
U.S. stocks fall, ending a four-session winning streak, with investors watching for signs of financial contagion
Thanks, Brits: U.S. stocks lose 5.3% in two trading days
Stocks in America battered in wake of last Thursday's Brexit vote. Total loss in U.S. since then: an estimated $1.2 trillion
Another economic blow for U.K. after Brexit vote
British consumers and business could see borrowing costs rise; EU pressures London to engineer quick exit
Stocks trampled by global fears after Brexit vote
Dow down more than 600 points as investors rush for the exits after U.K. vote creates flood of unknowns for world economy
U.S stocks rally as U.K. votes on Brexit
230-point leap lifts Dow industrials back above 18,000, first finish above the psychologically important level in two weeks
U.S. stocks slide after disappointing jobs report
Banks hardest hit as June interest rate increase viewed as off the table; gold and Treasuries surge
Nasdaq harshes a marijuana startup's mellow
MassRoots says it was unfairly denied a listing on the exchange because of marijuana's hazy legal status
U.S. stocks hit reverse, hard, on Wednesday
Led sharply lower by retail stocks -- thanks to Macy's -- Wall Street gave back just about all of Tuesday's 222 point leap
Weak hiring report sends stocks lower
Share prices fell widely on Wednesday as investors remain reluctant to make heavy bets on stocks
Stocks sink as Chinese factories gear down
As global growth fears flared again on Tuesday, Wall Street gave back all of Monday's gains
Wall Street's spring rally runs into some stiff winds
From profits to the economy and the Fed, investors suddenly have a list of worries that's bringing out the sellers
Dow closes above 18,000 for first time in 9 months
After early-year slide, blue-chip index has rebounded to its highest level since last summer
Wall Street's Tuesday is its best day in weeks
All three major indexes closed nearly 1 percent higher, as oil prices rallied again on hopes of an OPEC-Russia deal
Wall Street wipes out losses on strong economic data
U.S. stocks advance even as markets overseas tumble and oil prices turn negative for the year
After the great comeback, what's next for stocks?
First-quarter 2016 was wicked on Wall Street, but it wound up with a historic rally -- which may not last much longer
Janet Yellen leads Wall Street to a 2016 high
Stocks made their biggest gains in two weeks on Tuesday, thanks mostly to the Fed chair saying rate hikes will come slowly
Stocks slip, led by energy and materials companies
S&P 500 dips slightly into the red for the year and now on course to snap a five-week winning streak
Wall Street notches a 5th straight week of gains
The Dow and the S&P both closed at their highest levels in 2016, up about 12 percent since they hit the Feb. 11 low
live updates
Fires in L.A. area leave at least 10 dead, apocalyptic scenes
The Palisades, Eaton, Hurst, Lidia and Kenneth fires are burning in Southern California, forcing tens of thousands of people to evacuate. Here are the latest updates.
live updates
Listen Live: Supreme Court hears arguments over TikTok ban
The Supreme Court is hearing arguments over a law that could lead to TikTok shutting down in the U.S. in less than two weeks.
Trump sentenced in "hush money" case, released with no restrictions
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.
Fire victims include man found holding hose and 82-year-old in bed
Five of at least 10 people killed by the Los Angeles area blazes died in the Eaton Fire.
Employers added 256,000 jobs in December, blowing away forecasts
Friday's jobs numbers mark the last employment report of the Biden administration.
Listen to Trump's sentencing in New York "hush money" case here
President-elect Donald Trump received a sentence of unconditional discharge in a New York court for his conviction in the "hush money" case.
Macy's will close 66 stores this year. Here is where they are.
Macy's has released a list of the more than 60 underperforming stores it is closing in 2025.
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.
U.S.
More U.S.
Macy's will close 66 stores this year. Here is where they are.
Macy's has released a list of the more than 60 underperforming stores it is closing in 2025.
Tesla recalls more than 239,000 vehicles over rearview camera problem
A faulty rearview camera in some Teslas fails to properly display images, increasing the risk of a crash, traffic regulators say.
Maps show how dry the Southern California is, as L.A. wildfires burn
Dry vegetation helped fuel fires that spread through the Los Angeles area in early January 2025.
Listen to Trump's sentencing in New York "hush money" case here
President-elect Donald Trump received a sentence of unconditional discharge in a New York court for his conviction in the "hush money" case.
Fire victims include man found holding hose and 82-year-old in bed
Five of at least 10 people killed by the Los Angeles area blazes died in the Eaton Fire.
MoneyWatch
More MoneyWatch
Macy's will close 66 stores this year. Here is where they are.
Macy's has released a list of the more than 60 underperforming stores it is closing in 2025.
Tesla recalls more than 239,000 vehicles over rearview camera problem
A faulty rearview camera in some Teslas fails to properly display images, increasing the risk of a crash, traffic regulators say.
What is Meta's new Community Notes program, and how will it work?
Meta shocked the tech world this week by moving to overhaul its approach to fact checking. Here's what the changes mean for social media users.
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
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.
Politics
More Politics
Listen to Trump's sentencing in New York "hush money" case here
President-elect Donald Trump received a sentence of unconditional discharge in a New York court for his conviction in the "hush money" case.
Man who fled U.S. to avoid prison for Capitol riot captured in Canada
Anthony Vo told The Toronto Sun that he was "pretty much 99% sure" that Trump will pardon him once he takes office on Jan. 20.
live updates
Supreme Court hears arguments over TikTok ban as deadline nears
The Supreme Court heard arguments over a law that could lead to TikTok shutting down in the U.S. in less than two weeks.
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 sentenced in felony "hush money" case, released with no restrictions
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.
HealthWatch
More HealthWatch
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
More World
Nigerian authorities round up street children seen as "security threat"
Sharia police in Nigeria's Kano state say they've "mopped up 300 of these boys from the streets" and put them in a camp for "rehabilitation."
Maduro sworn in for 3rd term despite outcry over Venezuela's election
President-elect Donald Trump says Venezuela's embattled opposition leader must be protected as President Nicolas Maduro takes the oath of office for a third six-year term.
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.
Entertainment
More Entertainment
Book excerpt: "Brooke Shields is Not Allowed to Get Old"
The actress and New York Times bestselling memoirist returns with a new book about the empowerment that comes from calling out society's callous and short-sighted expectations of women as they age.
Marianne Jean-Baptiste on "Hard Truths"
Award-winning actress Marianne Jean-Baptiste, known for roles in "How to Get Away with Murder" and "Without a Trace," is receiving serious Oscar buzz for her performance in "Hard Truths." Reuniting with director Mike Leigh, Jean-Baptiste portrays Pansy Deacon, a character struggling with anger and family turmoil in one of 2024's best films.
Peter Sarsgaard on "September Five"
Actor Peter Sarsgaard, known for roles in "Presumed Innocent" and "Dead Man Walking," now stars in "September Five," recounting the harrowing story of an American broadcasting team during the 1972 Munich Olympics. Sarsgaard portrays ABC executive Roone Arledge as the team covers the Israeli Olympic team hostage crisis live.
"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.
Technology
More Technology
What is Meta's new Community Notes program, and how will it work?
Meta shocked the tech world this week by moving to overhaul its approach to fact checking. Here's what the changes mean for social media users.
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.
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.
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.
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.
Science
More Science
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
More Crime
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
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Wildfire destruction we saw from blazes
The destruction in Southern California is hard to comprehend after multiple fires blazed through parts of Los Angeles County. CBS News' Elise Preston has more on the terrifying sights.
How Trump reacted to his sentencing
President-elect Donald Trump reacted on social media after virtually attending his sentencing in the "hush money" case in New York. CBS News' Aaron Navarro reports.
Los Angeles officials give update on wildfires
Authorities in Los Angeles gave an update Friday on the wildfires that continue to burn around the city. Following their update, CBS News correspondent Elise Preston had a report from the Santa Monica.
Former TV bailiff's real-life courtroom drama
Former TV bailiff Renard Spivey found himself in a real-life courtroom drama when he was accused of killing his wife in 2019. He speaks out for the first time about the fight to prove his innocence in an interview with "48 Hours" contributor Natalie Morales.
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.