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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 ended the first day of trading this week up slightly after a wild day of trading. Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Company, joins CBS News at the closing bell to break down what's driving the market.
The shell company that plans to merge with former President Trump's new media platform is losing steam after a trading frenzy in the stock market last week. CBS MoneyWatch reporter Aimee Picchi joins CBSN's Tanya Rivero for more on the story.
The brokerage's often-young users get first dibs on investing in the company as IPO values the trading app at $32 billion.
Bumble has 42 million users and has expanded its business to include a network and friendship-building platform on its app separate from the dating aspect.
"We're taking the leadership here because there has been so little action on this front," CEO says.
Hope that pandemic can be halted propels Wall Street to its third weekly gain in the past four weeks.
Banks were profiting from illicit dealings with disreputable people and criminal networks, report alleges.
Wall Street rout gains traction as electric-car maker slides double digits following exclusion from benchmark index.
Benchmark index surpassed its previous record on February 19 amid expectations for an economic rebound in 2021.
S&P 500 back into positive terrain as well, though some analysts warn stocks are "vulnerable to disappointments."
The "biggest payroll surprise in history" is fueling investor optimism that the economy is rebounding.
The Dow, S&P 500 and Nasdaq all took major hits as a global glut in oil supply and low demand for fuel sent stock prices plummeting. Janet Shamlian reports.
The Dow declined 2.9% after the stimulus bill to aid workers and businesses stalled in the U.S. Senate.
The Dow and NASDAQ’s Friday closing numbers marked the end of U.S. markets’ worst week since the 2008 financial crisis. The economic fallout has also lead to massive layoffs and predictions of an unprecedented slowdown. Jill Schlesinger joins “CBS This Morning: Saturday” to break down the latest financial information.
Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
Uncertainty over the global response to the coronavirus outbreak saw stocks plummet in Asia and Europe. As the U.S. markets prepare to open, futures paint a gloomy picture. CBS News business analyst Jill Schlesinger joins CBSN with the details.
Coronavirus fears wiped out all of this year’s gains in the stock market. The Dow lost more than 1,000 points today, and the Nasdaq and S&P 500 also tanked. The number of cases of illness here in the U.S. shot up to 53 over the weekend, as dozens of sick passengers returned from that cruise ship in Japan. Mark Phillips reports.
Harvey Weinstein to spend first night behind bars after conviction; Pioneering NASA mathematician Katherine Johnson dies at 101.
The spread of the new virus is starting to impact the U.S. stock market even though most cases are in China.
The S&P 500 rose nearly 29% on the year, as investors shrugged off global trade conflicts and recession fears
Record consumer spending for holidays and hopes for a China trade deal push the tech stock index to a record close.
CBS and Viacom have completed their merger. ViacomCBS Chairman Shari Redstone and ViacomCBS President and CEO Bob Bakish celebrated the new corporate combination with a ceremonial ringing of the opening bell at the Nasdaq MarketSite in New York's Times Square. Anne-Marie Green and Vladimir Duthiers have more.
Deadly shooting at Pearl Harbor naval shipyard; ViacomCBS rings NASDAQ opening bell
Your 401(k) may be taking a hit this week after another sell-off in the markets. The Dow, Nasdaq and S&P each lost more than 1.5% of their value Wednesday, the second straight day of losses. President Trump placed the blame on his political foes, and "impeachment nonsense." CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss what's really behind the drop.
A massive wildfire burning in Los Angeles has forced tens of thousands of people to evacuate.
Resident Nicolas Libonati said he saw a lot of abandoned cars on the road, and people running toward the coast. "It was kind of a surreal scene," he said.
Former President Jimmy Carter is being remembered in six days of state funeral events.
The Justice Dept filed a motion to stop plea deals from moving forward in the war court in Guantanamo Bay, days before Khalid Sheikh Mohammed was set to plead guilty.
Greenland's government says Donald Trump Jr. is visiting in a private capacity, so it won't discuss his presence as his father vows to make it part of the U.S.
Las Vegas police say the man who exploded a Tesla Cybertruck outside a Trump hotel used ChatGPT to help plan the bombing.
Authorities say the New Orleans truck attacker placed two IEDs in the French Quarter. The photo shows rolls of nails and what appears to be a radio receiver inside a cooler.
The bodies were found during a routine inspection after the plane landed.
A federal judge has temporarily blocked the Justice Department from releasing a report prepared by special counsel Jack Smith.
A massive wildfire burning in Los Angeles has forced tens of thousands of people to evacuate.
Prosecutors said the gunman expressed white supremacist and antisemitic views before the shooting at Yellowstone National Park.
Las Vegas police say the man who exploded a Tesla Cybertruck outside a Trump hotel used ChatGPT to help plan the bombing.
Authorities say the New Orleans truck attacker placed two IEDs in the French Quarter. The photo shows rolls of nails and what appears to be a radio receiver inside a cooler.
Resident Nicolas Libonati said he saw a lot of abandoned cars on the road, and people running toward the coast. "It was kind of a surreal scene," he said.
President Joe Biden designated Thursday, Jan. 9, as a national day of mourning for former President Jimmy Carter.
After reaching a tentative deal that suspended a short strike in October, unionized dockworkers and port operators face another crucial test.
Verizon customers reported receiving settlement payments well below the minimum of $15, as stipulated in agreement.
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
The Justice Dept filed a motion to stop plea deals from moving forward in the war court in Guantanamo Bay, days before Khalid Sheikh Mohammed was set to plead guilty.
President Joe Biden designated Thursday, Jan. 9, as a national day of mourning for former President Jimmy Carter.
The government will issue refunds to tens of thousands of unauthorized immigrants married to American citizens who applied for a program that was struck down in court.
President-elect Donald Trump said renaming the gulf is "appropriate," blasting Mexico for the migrants crossing the southern border.
John Irving, a former federal prosecutor who now represents several Trump-world figures, is under consideration to be named the U.S. attorney in Washington, D.C.
Officials in India have confirmed the country's first seven cases of human metapneumovirus, or HMPV, which is reportedly surging in neighboring China.
For the first time, bird flu has claimed a human life in the U.S. Louisiana's health department says the patient was over the age of 65 and reportedly had underlying health problems.
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.
The Louisiana patient was hospitalized with a severe case of bird flu in the first death in the U.S. caused by the H5N1 virus.
But consumer advocates say the Food and Drug Administration's new guidance on lead limit in baby food doesn't go far enough.
David Ezequiel Pereyra, 21, surrendered Monday to police in Barracas, south of Buenos Aires.
Video of the incident showed a woman in a hat being struck by the racquet as the crowd gasped.
The U.S. government has determined that Sudan's RSF paramilitary force and its allies have committed genocide in the country's raging civil war.
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Human rights groups accuse Iran's leader Ayatollah Ali Khamenei of using capital punishment as a tool following nationwide protests.
David Ezequiel Pereyra, 21, surrendered Monday to police in Barracas, south of Buenos Aires.
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.
Former "Today" anchor Meredith Vieira's husband, journalist Richard Cohen, died on Christmas Eve at 76, the talk show's current hosts said Tuesday.
Grammy-nominated artist Chlöe Bailey and NAACP President Derrick Johnson join "CBS Mornings" to announce nominees for the 56th NAACP Image Awards. The awards honor the achievements and performances of people of color across various fields.
The actor Aubrey Plaza has spoken out for the first time since her husband Jeff Baena's death last week. He was 47.
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason Hiner, editor-in-chief for tech news site ZDNET joins "The Daily Report" to discuss.
Meta, parent company of Facebook and Instagram, announced Tuesday that its platforms will eliminate their third-party fact-checking systems. NPR correspondent Shannon Bond joins "The Daily Report" to discuss what that could mean for users moving forward.
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.
Mark Zuckerberg announced Tuesday that Meta is ending its fact-checking program for its platforms, which include Instagram and Facebook. President-elect Donald Trump said Tuesday he believed the change might be due to political threats he has made against Zuckerberg and his company in the past. Kelly O'Grady reports.
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
As the U.S. Capitol prepares to honor former President Jimmy Carter, Rolling Stone climate reporter Jeff Goodell looks back on his environmental legacy.
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.
It may sound spooky, but a black moon is nothing ominous.
Solar storms may bring northern lights to several states in the northern U.S. just in time for New Year's Eve, but cloud cover may put a damper on festivities.
Hundreds of new species across the globe were identified by scientists in 2024.
Prosecutors said the gunman expressed white supremacist and antisemitic views before the shooting at Yellowstone National Park.
Authorities say the New Orleans truck attacker placed two IEDs in the French Quarter. The photo shows rolls of nails and what appears to be a radio receiver inside a cooler.
Ovidio Guzmán López and Joaquin Guzmán López didn't appear at the hearing in Chicago on Tuesday where prosecutors said they needed more time.
Seven people — including Tyrin Truong, mayor of Bogalusa, Louisiana — are facing charges issued in connection with a drug trafficking investigation.
Sebastian Zapeta, the man accused of setting a woman on fire on the NYC subway, pleads not guilty in the death of Debrina Kawam.
NASA hopes a revised plan will get Mars samples back to Earth faster and cost less than the agency's original plan.
A phenomenon called gravitational lensing turned a galaxy into a "hall of mirrors of cosmic proportions," allowing for the discovery.
NASA said scientists began receiving more detailed telemetry — or "housekeeping data" — from the spacecraft on New Year's Day.
The first meteor shower of 2025 is about to peak. Here's how to watch and where you can see the Quadrantids.
Officials said they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country's south.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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 seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason Hiner, editor-in-chief for tech news site ZDNET joins "The Daily Report" to discuss.
The Pacific Palisades neighborhood of Los Angeles is facing a wildfire fueled by high winds. CBS News Los Angeles' Jasmine Viel reports that the Palisades Charter High School is surrounded by flames. Viel was hit with some embers, but she is OK.
Two people were found dead in the landing gear compartment of a JetBlue plane in Florida on Monday night. CBS News' Cristian Benavides has more details.
Southern California is facing a life-threatening windstorm as a brush fire in the Pacific Palisades region of Los Angeles burns hundreds of acres. Thousands have evacuated amid the fast-moving flames. CBS News Los Angeles' Jasmine Viel, Alys Martinez and Tom Wait reports from the ground.
The United Arab Emirates, the U.S., Israel and other nations are in discussion for a joint, temporary administration of the Gaza Strip after the war ends, according to Reuters. CBS News foreign correspondent Ramy Inocencio reports on the latest from the region.