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The abrupt closure of three banks in a matter of days is continuing to ripple across the American economy. CBS News national correspondent Errol Barnett joined John Dickerson on "Prime Time" with the latest on the Silicon Valley Bank's collapse. Then, Jeff Guo, co-host for NPR's "Planet Money," helps break down what exactly happened to SVB.
The European Commission says the European Union will "narrowly" avoid a recession, but families will still face financial pressures or the rising cost of living. Wall Street Journal Report Paul Hannon joins "CBS News Mornings" to discuss.
The Consumer Confidence Index fell in February for a second straight month. And President Biden is nominating Julie Su to lead the Labor Department. Marketwatch market editor Bill Watts joined CBS News to discuss the latest on the economy.
IMF’s Georgieva: the U.S. economy will likely slow down this year, but narrowly avoid a recession.
More than half a million jobs were created in January, nearly triple the expectations. Jobs in hospitality and leisure saw the biggest bump in last month's jobs report. But inflation is still stubbornly high. Carter Evans takes a look.
The Federal Reserve is expected to announce another interest rate hike today, but the increase is expected to be lower than previous hikes that began in March 2022. Fed Chairman Jerome Powell will address the media this afternoon. CBS News reporter Sarah Ewall-Wice joins us to discuss the significance.
If you're looking for a job or a boost in your career, experts say January and February are the best months to do it. Daniel Zhao, lead economist with Glassdoor, joins "CBS News Mornings" to discuss why and if a looming recession should cause alarm.
The economy is fighting back against inflationary pressures, but many economists say that won't last, and the economy could slow down in 2023 as an intended consequence of the Federal Reserve's efforts to rein in inflation by raising interest rates. Economist and Harvard University professor Jeffrey Frankel joined CBS News to discuss what the latest GDP data could mean for the economy moving forward.
The New York Stock Exchange ended relatively flat Wednesday. Dory Wiley, the president and CEO of Commerce Street Holdings told CBS News that missed expectations drove the markets, as recession fears loom.
Conference Board index has fallen 10 months in a row, indicating a recession is likely sometime this year.
House Speaker Kevin McCarthy said Friday he has accepted an invitation from President Biden to meet and discuss the standoff over raising the debt ceiling. Megan Greene, a senior fellow at Brown University, and global chief economist at Kroll, joined CBS News to discuss the far-reaching impact of the stalemate.
Silicon Valley was hit with another round of layoffs on Friday as Google announced that it would be cutting 12,000 jobs. The move comes during the same week that Microsoft and Amazon also announced layoffs, and companies nationwide look at cost-cutting measures amid growing concerns about a pending recession. Janet Shamlian has more.
New data from Britain's Office for National Statistics shows that consumers in the United Kingdom cut down on their shopping in December by the largest amount in at least 25 years. Meanwhile, the latest report from the government shows that inflation in the U.K. eased from November to December. CBS News foreign correspondent Ramy Inocencio joined Vladimir Duthiers and Anne-Marie Green from London to discuss.
Amid recession fears, more parents are helping their adult children financially to help keep them afloat. Business reporter for Fortune, Eleanor Pringle, joins CBS News Mornings to discuss why and tips for conversations on living expenses.
Debt limit showdown on Capitol Hill; supporting adult children amid a looming recession.
Microsoft is set to cut 10,000 jobs, or nearly 5% of its workforce. The company said the layoffs were a response to a slowdown in customer spending in anticipation of a potential recession.
Despite signs of inflation easing up, many economists are still expecting the U.S. to fall into a recession. CBS News' Tony Dokoupil and Lana Zak are joined by Harriet Torry, economics reporter for the Wall Street Journal, to discuss the economic outlook.
U.S. Treasury Secretary Janet Yellen told Congress on Friday that she expects the country to hit the debt ceiling next Thursday. The government will then resort to "extraordinary measures" to avoid default. Gregory Daco, chief economist at EY-Parthenon, joined CBS News to discuss that and other financial news.
Several big banks released better than expected 2022 fourth quarter earnings results. This comes amid rising concerns over a looming recession. Elaine Quijano and Michelle Miller are joined by Business Insider finance editor, Dan DeFrancesco.
As high inflation elevates the risk of a worldwide recession, the World Bank has lowered its growth forecast for the global economy. Paul Hannon, a reporter for The Wall Street Journal, joined "CBS News Mornings" to discuss.
Warnock wins re-election; employees actively look for new jobs amid uncertain economy.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
Officials suspect that migratory birds likely spread the H5N1 virus there.
Chinese authorities haven't said how many children and adults were injured in the latest incident at a school, nor if it was an accident, or the latest in a series of attacks targeting kids.
The families of eight school shooting victims opened their doors to Steve Hartman and photographer Lou Bopp, allowing them to document their children's bedrooms.
A judge has struck down Wyoming's overall ban on abortion and its first-in-the nation explicit prohibition on the use of medication to end pregnancy.
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack.
Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95.
Officials suspect that migratory birds likely spread the H5N1 virus there.
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
A man pleaded guilty in the 2015 killings of a Georgia couple after a magnet fisher pulled in a rifle and other evidence linked to the case.
Texas public elementary schools could use teachings from the Bible in lessons under a proposal drawing intense opposition and praise.
A judge has struck down Wyoming's overall ban on abortion and its first-in-the nation explicit prohibition on the use of medication to end pregnancy.
Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95.
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
Stop & Shop stores across Massachusetts have empty shelves due to a cyberattack.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
Texas public elementary schools could use teachings from the Bible in lessons under a proposal drawing intense opposition and praise.
President-elect Donald Trump says former Wisconsin Rep. Sean Duffy is his choice for transportation secretary as he continues to roll out picks for his Cabinet.
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
President-elect Donald Trump announced he selected former Florida Rep. Matt Gaetz to serve as attorney general.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
Officials suspect that migratory birds likely spread the H5N1 virus there.
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
A senior Israeli official has said openly that the West Bank should become part of Israel, not a future Palestine. Could it happen under Trump?
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
Chinese authorities haven't said how many children and adults were injured in the latest incident at a school, nor if it was an accident, or the latest in a series of attacks targeting kids.
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
Air pollution chokes New Delhi every winter, but this year's smog has already derailed everything from transport and road work to schools.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
The stars of Ridley Scott's "Gladiator II" discuss the film's legacy and stepping back into the world of ancient Rome.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Ridley Scott's latest masterpiece revisits the world of ancient Rome with new characters and intense drama. The cast of "Gladiator II" talks to Nate Burleson on working with Scott and carrying forward the spirit of the iconic original.
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
In an online conversation about aging adults, Google's Gemini AI chatbot responded with a threatening message, telling the user to "please die."
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.
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch correspondent Kelly O'Grady explains.
The Guardian says benefits of being on Elon Musk's social media platform X are outweighed by its "often disturbing content."
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 trillion in the last 10 years.
Scientists say they've discovered a "mega coral" three times bigger than the previous record holder - so huge they initially thought it was a shipwreck.
Seal-shaped boards decked with bright horizontal lights were less likely to be attacked by great white sharks, researchers found.
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
A man pleaded guilty in the 2015 killings of a Georgia couple after a magnet fisher pulled in a rifle and other evidence linked to the case.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
CBS News has learned the case against the man accused of killing a University of Georgia nursing student could be in the hands of the judge as early as Tuesday. Jose Ibarra, an undocumented immigrant from Venezuela, has pleaded not guilty to killing 22-year-old Laken Riley while she was jogging on campus in February. CBS News national correspondent Manuel Bojorquez has the latest from Athens, Georgia.
Officials say 13 people were shot during two incidents along a New Orleans "second line" parade route. CBS News' Kati Weis breaks down what's known.
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.
With an Election Day docking, the cargo ship delivered 3 tons of supplies and equipment, including an unusual wooden satellite.
Two sister meteor showers are already flashing across night skies — and will peak a week apart.
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.
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
There are signs of progress on at least one front of the conflict in the Middle East. CBS News senior foreign correspondent Elizabeth Palmer has the latest on reports of a cease-fire deal between Israel and Iran-backed Hezbollah in Lebanon.
Americans are bracing for President-elect Donald Trump's proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O'Grady looks at the potential economic impact. Then, small business owner Andy Gossett joins to discuss what the tariffs would mean for his outdoor sporting goods company.
At least two of President-elect Donald Trump's Cabinet picks are involved in controversy. Now there are questions about whether Matt Gaetz and Pete Hegseth have the support to get confirmed for their intended roles. CBS News congressional correspondent Nikole Killion has new reporting.
Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on what this means for travelers.