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The British government reversed course Monday, saying it would not move forward with a proposed tax reduction for high earners that sent the pound tumbling last week. Joining anchors Vladimir Duthiers and Anne-Marie Greene to talk about market shifts in both the U.S. and U.K. is Javier David, managing editor of business and markets at Axios.
The stock market finished with substantial gains on Wednesday despite Hurricane Ian making landfall in Florida. CBS News anchors Tanya Rivero and Lana Zak speak with Kristin Myers, editor-in-chief of The Balance, about the impact the storm could have on the economy.
All three major U.S. stock market indexes are in a bear market territory. Wall Street Journal reporter Akane Otani joins John Dickerson on "Prime Time" to discuss.
The Federal Reserve has twp-day meeting starting Tuesday and economists are preparing for another interest rate hike to come out of it. Saira Malik, chief investment officer of Nuveen, joins CBS News at the closing bell to discuss what is driving the market.
All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
The stock market's tumble has put the S and P 500 into a bear market. CBS News correspondent Elaine Quijano reports on Wall Street's drop on Monday. Then, Akiko Fujita, a reporter and anchor for Yahoo Finance, joins Errol Barnett on CBS News to discuss the latest on the markets.
Stock markets tanked early Friday after news that May's Consumer Price Index rose more than economists expected. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joined CBS News to discuss the market's reaction to rising inflation.
Billionaire twins Cameron and Tyler Winklevoss announce their cryptocurrency company Gemini Trust is laying off 10% of staff. The company, founded in 2014, isthe latest in the industry to see significant losses. CBS News tech reporter Dan Patterson joins CBS News anchor Tanya Rivero to discuss what this means for Gemini Trust and crypto overall.
Brian Sozzi, editor-at-large and anchor for Yahoo Finance Live, joined CBS News' Tanya Rivero and Nikki Battiste to discuss the latest on the stock market and other financial news.
Greg Swenson, a founding partner of the merchant banking firm Brigg Macadam, joins CBS News' Jim Axelrod to discuss the latest stock market updates.
Inflation and rising interest rates are affecting stocks and increasing fears about a possible U.S. recession. Joe Saluzzi, co-founder and partner with Themis Trading, joined CBS News to discuss what to expect from the markets in the coming weeks.
The Dow Jones Industrial Average rose back to even as tech stocks rallied on Monday. Yahoo Finance reporter Alexandra Semenova joins CBS News' Tanya Rivero to recap the stock market's gains.
The Dow Jones Industrial Average recorded its worst day since October 2020 on Friday. Christine Benz, the director of personal finance at Morningstar, joins CBS News' Tanya Rivero to discuss.
The Federal Reserve announced it will raise interest rates by a quarter percentage point to fight soaring gas prices and inflation. Trading expert Joe Saluzzi joined CBS News' Anne-Marie Green and Vladimir Duthiers to discuss how the stock market is reacting and what this means for our bank accounts.
President Biden announced the U.S. will ban Russian imports of oil. That announcement and other news surrounding Russia's war in Ukraine sent the stock market on a rollercoaster Tuesday. David Ragland, chief investment officer of IRC Wealth, joins CBS News at the closing bell to explain why days like these could be a good sign on Wall Street.
Russia's war in Ukraine is causing a ripple effect of economic issues around the world, forcing gas prices up and stock numbers down. Paul Sankey, lead analyst at Sankey Research, joins CBS News at closing bell on the New York Stock Exchange to break down the possible solutions to the oil crisis.
The stock market took big swings Thursday as inflation and Russia's invasion of Ukraine continue to cause uncertainty. Nela Richardson, chief economist at ADP, joins CBS News at the closing bell at the New York Stock Exchange to discuss what's causing market volatility and the impact on consumer spending and the pandemic recovery.
The Dow Jones posted gains for the second day in a row, gaining more than 800 points. Axios Business reporter Hope King joins CBS News to discuss the latest.
The stock market closed down on the day President Biden announced sanctions, saying the Russian invasion of Ukraine was underway. Steve Odland, CEO of The Conference Board and the former CEO of Office Depot and Autozone, joins CBS News to discuss the impact the Russia-Ukraine conflict is having on the markets and the impact on consumer confidence.
Uncertainty over the Russia-Ukraine conflict has been the main driver for major stock indexes, which all saw loses Thursday. Lori Bettinger, president of BancAlliance, joins CBS News at the closing bell of the New York Stock Exchange to discuss the economic ramifications.
David Giroux, portfolio manager of the T. Rowe Price Capital Allocation Fund, joins CBS News to break down his top stock picks for 2022, Meta's stock recovery after last week's major losses and what to expect with inflation pricing for the rest of the year.
Peloton is replacing its CEO and cutting jobs as the company faces a drop in revenue and demand. Plus, the electric vehicle industry is expanding in the U.S. with President Biden announcing the first charging manufacturing facility being built in Tennessee. New York Times DealBook editor Stephen Gandel joins CBS News at the New York Stock Exchange closing bell to discuss what's moving the markets.
The January jobs report released Friday surpassed Wall Street projections, with 467,000 jobs added. Mike Pugliese, an economist at Wells Fargo, joins CBS News to break down the employment data and what it means for the U.S. economy.
An economic analysis report shows a key inflation measure rose 5.8% last year, the highest it's been since 1982. Despite a big leap in the stock market numbers late Friday, major indexes are still down this year. Terry Haines, founder of Pangaea Policy, joins CBS News after the New York Stock Exchange's closing bell to break down how inflation is effecting the economy and what can be done to correct it.
A new report on GDP shows the U.S. economy grew 5.7% in 2021. This comes as Wall Street experiences another rollercoaster day. Liz Ann Sonders, chief investment strategist at Charles Schwab, joined CBS News to discuss the markets and the economy.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
The state's highest court ruled a special prosecutor's decision to re-indict Smollett violated his constitutional rights after Cook County prosecutors previously dropped charges against him.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly-released police report. He is now President-elect Trump's choice for defense secretary.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what they do — and some issues they're likely to face if confirmed by the Senate.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
As record travelers prepare to fly for Thanksgiving, here's what to know about transporting food through TSA checkpoints.
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
McDonald's wants to make dining at its restaurants affordable for customers again with new value offerings.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker is slated Thursday to become the third person executed in the U.S., and Alabama, by nitrogen gas.
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly released police report. He is now President-elect Trump's choice for defense secretary.
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the latest on bird flu as new cases raise alarms among health officials. There have been 53 confirmed human cases across seven states this year. Health officials in California are reporting a possible case in a child who had no known contact with an infected animal.
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Florida sued the FDA over what it said was a "reckless delay" in approving its drug importation plan. Now, nearly a year after the FDA gave the state the green light, the program has yet to begin.
Former president Jair Bolsonaro and 36 other people were indicted for allegedly attempting a coup to keep him in office after his defeat in the 2022 elections.
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.
The amulet was found during an ongoing excavation project in Hadrianopolis, an ancient city near Karabük, Turkey.
The leaders are accused of crimes against humanity and war crimes over the war in Gaza and the Oct. 7 Hamas attack on Israel.
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
Connie Nielsen opens up about returning as Lucilla in "Gladiator II," reuniting with director Ridley Scott and exploring her character's emotional journey.
Singer-songwriter Shelby Lynne opens up about her new album and how her friendships helped save her when she thought her recording career could be over.
Making his feature directorial debut, Malcolm Washington brings August Wilson's Pulitzer-winning play to the screen with help from his father, Denzel Washington and siblings John David and Katia
Ahead of the sequel's release, Connie Nielsen joins "CBS Mornings" to talk about stepping back into the world of Ridley Scott's epic saga and her character's emotional journey.
After overcoming years of personal struggles, Grammy winner Shelby Lynne is back with her first album in years. She tells Anthony Mason why her return to recording came as a surprise, even to her.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
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.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
The FBI has arrested a Florida man who's accused of plotting to bomb the New York Stock Exchange. CBS News New York reporter Allen Devlin has more.
Colin Gray and his son, Colt Gray, were both indicted in the Sept. 4 shooting that killed two students and two teachers and injured others.
A judge on Wednesday found Jose Ibarra guilty on all 10 counts in the murder of University of Georgia student Laken Riley. Ibarra was sentenced to life in prison without the possibility of parole.
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
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.
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
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.
A bomb cyclone that is moving away from the West and toward the Midwest turned deadly. This comes as another weather system is headed toward the West. CBS News Sacramento's Sakura Gray reports.
There were some private concerns among lawmakers over Matt Gaetz's efforts to become attorney general for President-elect Donald Trump's second term, CBS News' Nikole Killion reports. Also, Fin Gómez breaks down the latest on allegations made against Pete Hegseth, Trump's pick for secretary of defense.
Winds pushed over a tree into a home and killed a mother while she was showering in Washington, according to local fire officials. This comes as a deadly bomb cyclone that slammed the West Coast moves toward the Midwest with high winds and rain. CBS News' Jessica Burch has the latest forecast, and Carter Evans reports from Renton, Washington.
As contempt for cancel culture and self-censorship on college campuses continues to drive a political divide across the country, Jon Wertheim reports on a new start-up university, the University of Austin. Sunday on 60 Minutes.
A police report on alleged sexual assault apparently perpetrated by Pete Hegseth, Donald Trump's pick for secretary of state, has emerged as lawmakers meet with the president-elect's nominee. CBS News' Olivia Rinaldi reports.