Dow plunges more than 1,000 points amid U.S. recession fears
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
S&P 500
Dow closes above 40,000 for first time, notching new milestone
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
Here's what Americans think is the best long-term investment
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
Why are gold prices suddenly rising?
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Just 7 companies drove S&P 500's 2023 growth
Wall Street ended 2023 on a high note, and a group of companies known as the "Magnificent Seven" dominated. David Kass, professor of finance at the University of Maryland, joins CBS News to discuss if the outsized success of so few companies poses a risk to the economy.
Dow hits record high as investors cheer Fed outlook on interest rates
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Dow jumps 520 points as investors cheer inflation slowdown
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Stocks close strong as debt talks improve
The Dow Jones, the S&P 500 and the Nasdaq closed in the green Friday, as investors reacted to negotiators making progress in the debt ceiling standoff. Javier David, Axios managing editor for business and markets, and J.D. Durkin, host of TheStreet, joined CBS to explain what the numbers mean for investors and the economy.
Stocks close higher ahead of Fed decision
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
S&P Dow Jones booting all Russia stocks from its indices
The index giant also said it is stripping Russia of its "emerging market" designation given the "deterioration" in its markets.
Markets soar on Pfizer vaccine, election news
Stock markets got a shot in the arm after promising news of a vaccine and election results were announced. CBS News business analyst Jill Schlesinger explains the factors behind the market surge.
Stocks plummet again as coronavirus fears intensify
Asian shares plunge and Dow and S&P futures tumble as markets' wild ride continues
S&P 500 approaching record high as stocks jump on strong earnings
Investors are cheered by strong earnings reports as well as signals that the economy remains strong
What's behind recent stock market volatility
Stocks finished a wild week mostly down on Friday. The Dow Jones and S&P both ended up losing ground while the Nasdaq made modest gains. With one trading day left in 2018, it's looking like all three major indexes will finish the year as much as seven percent lower than where they began. Yahoo Finance’s editor-at-large, Brian Sozzi, joins “CBS This Morning: Saturday” to discuss what’s behind the volatility.
What's behind bull market milestone
The stock market Wednesday could achieve its longest stretch of growth since March 2000. We're experiencing a bull market, which happens when the stock market grows a continuous rate without a dip of 20 percent. The S&P 500 reached an all-time high Tuesday, closing at more than 2,862 points. CBS News financial contributor Mellody Hobson joins "CBS This Morning" to break down what's behind the bull market and its limitations.
S&P says Venezuela has defaulted on its debt
The credit agency downgraded the country's sovereign debt to "selective default," which means it decided to skip a bond payment
Is Obamacare set for a healthy turnaround?
While warning that politics could alter the equation, a credit ratings agency says 2017's price hikes are a "one-time" issue
Stung by low oil prices, Exxon's credit rating is lowered
S&P lowered oil giant's rating one notch to "AA+" because of slumping oil prices and the large dividend the company pays
Japan's woes earn a credit rating downgrade
Saying Abenomics isn't likely to result in a needed economic revival, S&P dropped the country's rating to A+ from AA-
Jill Wagner reports on the day's top financial stories
CBS News confirms federal investigators are looking into a potential safety defect in some airbags in more one million vehicles, Starbucks is rolling out a wireless phone charging program -- and more. Jill Wagner reports on the day's top financial stories.
Jill Wagner reports on the day's top financial stories
Some big changes to United Airlines' frequent flyer program, P.F. Chang's restaurant chain is investigating a possible customer data breach -- and more. Jill Wagner reports on the day's top financial stories.
Jill Wagner reports on the day's top financial stories
The cost of a cup of coffee keeps going up, President Obama expands a program to help students paying back federal college loans -- and more. Jill Wagner reports on the day's top financial stories.
Jill Wagner reports on the day's top financial headlines
Seattle, Wash., is about to have the highest minimum wage in the nation, Apple introduces new features for their popular devices -- and more . Jill Wagner reports on the day's top financial headlines.
Jill Wagner reports on the day's top financial headlines
President Obama is expected to take historic steps to fight climate change, Apple is promising their best product lineup in 25 years will be unveiled at their annual Worldwide Developers Conference and more. Jill Wagner reports on the day's top financial headlines.
Trump signs executive orders on military DEI, trans service members, COVID
President Trump signed executive orders that could reshape the management and composition of the U.S. military.
FBI insider raises concern about Kash Patel's role in hostage rescues
Senate Democrats are asking for documents related to allegations the nominee to lead the FBI, Kash Patel, prematurely confirmed hostage rescue details.
Trump's immigration crackdown also targets legal ways to enter the U.S.
The Trump administration is also issuing bans and restrictions on legal immigration, including refugees displaced by violence.
China targets U.S. service members on social media in "virtual espionage"
The FBI and NCIS say "virtual espionage" by China is ensnaring American troops in growing numbers.
Trump Justice Dept. fires employees tied to Jack Smith probes
About a dozen Justice Department employees who worked for former special counsel Jack Smith on his investigation of Donald Trump are being fired.
What is DeepSeek, and why is it causing investors to freak out?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Earthquake off coast of Maine rattles New England
An earthquake felt in Boston, Massachusetts today was centered off York Harbor, Maine.
CDC staff ordered to cut off communication with WHO
The directive to the CDC to halt communications with the World Health Organization was imposed to comply with President Trump's executive order.
Senate confirms Scott Bessent as Treasury secretary
The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.
U.S.
More U.S.
Trump signs executive orders on military DEI, trans service members, COVID
President Trump signed executive orders that could reshape the management and composition of the U.S. military.
Woman sentenced for helping pregnant Chinese women get to U.S.
A California woman was sentenced to 41 months in prison for helping Chinese women travel to the U.S. to deliver babies who automatically became American citizens.
Starbucks brings back condiment bar, free refills for some drinks
Starbucks fans can now get free refills for some drinks — but not all. The coffee chain is also bringing back its self-serve milk and sweeteners bar.
White House unveils first lady Melania Trump's official portrait
The White House released the official portrait of first lady Melania Trump on Monday.
China targets U.S. service members on social media in "virtual espionage"
The FBI and NCIS say "virtual espionage" by China is ensnaring American troops in growing numbers.
MoneyWatch
More MoneyWatch
Starbucks brings back condiment bar, free refills for some drinks
Starbucks fans can now get free refills for some drinks — but not all. The coffee chain is also bringing back its self-serve milk and sweeteners bar.
Social Security boost may take more than a year for many Americans
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.
TikTok loaded phones are selling for thousands online after momentary ban
Don't have TikTok on your phone? You can buy someone else's on eBay for thousands.
Fuji TV bosses resign over sex scandal linked to former star
Masahiro Nakai, a former leader of Japan's once-hugely popular boy band SMAP, reached a costly settlement with a woman over an alleged sex assault.
What is DeepSeek, and why is it causing investors to freak out?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Politics
More Politics
Trump signs executive orders on military DEI, trans service members, COVID
President Trump signed executive orders that could reshape the management and composition of the U.S. military.
Nigerian man extradited to U.S. for alleged sextortion of South Carolina teen
Gavin Guffey, the son of South Carolina state Rep. Brandon Guffey, died by suicide in 2022.
CDC staff ordered to cut off communication with WHO
The directive to the CDC to halt communications with the World Health Organization was imposed to comply with President Trump's executive order.
Trump Justice Dept. fires employees tied to Jack Smith probes
About a dozen Justice Department employees who worked for former special counsel Jack Smith on his investigation of Donald Trump are being fired.
Judge reverses order, grants Oath Keepers access to Capitol after Trump clemency
A judge had ordered the Oath Keeper members convicted of crimes related to the Capitol riot on Jan. 6, 2021, to be barred from entering the U.S. Capitol court permission.
HealthWatch
More HealthWatch
CDC staff ordered to cut off communication with WHO
The directive to the CDC to halt communications with the World Health Organization was imposed to comply with President Trump's executive order.
Snoozing on the couch can disrupt your sleep. These expert tips can help.
Falling asleep on the couch is a small habit that can have a big impact on your sleep, leaving you wide awake when you move into bed for the night.
As RFK Jr. raises vaccine doubts, data shows how many lives they've saved
Robert F. Kennedy Jr., President Trump's pick to lead the Department of Health and Human Services, has raised doubts about vaccines — but history shows they've saved millions of lives.
Alabama woman becomes longest-living recipient of pig organ transplant
Towana Looney of Alabama has become the longest-living recipient of a pig organ transplant.
Army veteran's knee pain was a warning sign for rare cancer
U.S. Army Staff Sgt. Rayshaun Smith thought his knee pain was caused by his active lifestyle. It was an early sign of a rare cancer.
World
More World
China targets U.S. service members on social media in "virtual espionage"
The FBI and NCIS say "virtual espionage" by China is ensnaring American troops in growing numbers.
Nigerian man extradited to U.S. for alleged sextortion of South Carolina teen
Gavin Guffey, the son of South Carolina state Rep. Brandon Guffey, died by suicide in 2022.
CDC staff ordered to cut off communication with WHO
The directive to the CDC to halt communications with the World Health Organization was imposed to comply with President Trump's executive order.
World's biggest iceberg could collide with Antarctic penguin island
The biggest iceberg on Earth is heading toward a remote island, creating a potential threat to penguins and seals inhabiting the area.
Elephant tramples tourist to death in South Africa
The South African national parks agency asked people not to post images of the incident on social media.
Entertainment
More Entertainment
Brooklyn Park teen debuts first movie at 19
It's known as one of the toughest businesses to crack into, but a Brooklyn Park teen is making her way in Hollywood.
Pete Davidson and Dav Pilkey on "Dog Man"
The playful anarchy of author-illustrator Dav Pilkey's bestselling "Dog Man" series, about a hero cop who is part-man, part-police dog, is now on screen in a new animated film, with comedian Pete Davidson playing Dog Man's arch-nemesis, Petey the Cat.
Pete Davidson and Dav Pilkey on "Dog Man"
The playful anarchy of author and illustrator Dav Pilkey's bestselling "Dog Man" series is now on screen in a new animated film. Correspondent Rita Braver talks with Pilkey about the genesis of his hero, a cop who is part-man, part-police dog; and with comedian Pete Davidson, who voices Dog Man's arch-nemesis, Petey the Cat.
The spirit of Sundance
This month, the Sundance Film Festival is once again providing a showcase for independent filmmakers and documentarians from around the world. But that isn't all that Sundance does. "Sunday Morning" goes behind the scenes.
Behind the scenes at Sundance
This month, in the Wasatch Mountains of Utah, the Sundance Film Festival is once again providing a showcase for independent filmmakers and documentarians from around the world. But that isn't all that Sundance does. Correspondent Lee Cowan talked with actor Robert Redford, founder of the non-profit Sundance Institute, about the history of the festival, and of the filmmakers' labs that help up-and-coming cinematic storytellers hone their craft. Cowan also talks with actors Glenn Close and Ed Harris; the Institute's founding senior director, Michelle Satter; and Sean Wang, director of last year's breakout festival hit, the coming-of-age story "Didi."
Technology
More Technology
Technology
Why U.S. investors see DeepSeek as a threat
Tech stocks plummeted Monday as investors raised concerns about advancements in Chinese artificial intelligence. Last week, the Chinese company DeepSeek released R1, an AI model similar to ChatGPT that costs significantly less to develop. CBS News contributor JD Durkin joins "The Daily Report" to examine the stock market's response.
Why China's DeepSeek is shaking up the AI industry
A Chinese AI company called DeepSeek is sending a shock wave through Wall Street. Margaret Brennan explains.
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 loaded phones are selling for thousands online after momentary ban
Don't have TikTok on your phone? You can buy someone else's on eBay for thousands.
What is DeepSeek, and why is it causing investors to freak out?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Science
More Science
World's biggest iceberg could collide with Antarctic penguin island
The biggest iceberg on Earth is heading toward a remote island, creating a potential threat to penguins and seals inhabiting the area.
66-million-year-old vomit found by amateur fossil hunter
A paleontologist hailed the discovery as "truly an unusual find," adding it helped explain the relationships in the prehistoric food chain.
Climate scientist: "There's no place that's safe"
Experts discuss the increased intensity we can expect from destructive weather events due to climate change, while an amateur meteorologist explains how he helped sound the alarm as wildfires spread towards the L.A. County community of Altadena.
Scientists make "jaw-dropping" discovery about Iron Age women in U.K.
Scientists analyzing 2,000-year-old DNA have revealed that a Celtic society in the southern U.K. during the Iron Age was centered around women, a study said.
SpaceX pushes Starship test flight back one day due to weather
If the weather cooperates, the Starship launch will follow the maiden flight of Jeff Bezos' already weather-delayed New Glenn rocket.
Crime
More Crime
Woman sentenced for helping pregnant Chinese women get to U.S.
A California woman was sentenced to 41 months in prison for helping Chinese women travel to the U.S. to deliver babies who automatically became American citizens.
Nigerian man extradited to U.S. for alleged sextortion of South Carolina teen
Gavin Guffey, the son of South Carolina state Rep. Brandon Guffey, died by suicide in 2022.
Charges in alleged port smuggling scheme
Federal prosecutors have announced charges in an apparent large-scale smuggling scheme worth millions of dollars from China into the United States.
2 decades after Utah man found stabbed to death, DNA leads to arrest
Authorities in Utah say they arrested a suspect in the 2005 stabbing death of 33-year-old Jason Royter.
Ecuador arrests leader of powerful cartel targeted by U.S.
Carlos D was the second-in-command of Los Lobos (The Wolves) and "considered a high-value target," the armed forces said in a statement.
Space
More Space
Space
SpaceX launches 21 new Starlink satellites
SpaceX has successfully launched its newest round of Starlink satellites into Earth's lower orbit from a Falcon 9 rocket. Twenty-one total satellites were onboard, and 13 of them have direct-to-cellphone capabilities. CBS News space consultant Bill Harwood has more from the Kennedy Space Center in Florida.
How to see a planetary parade this weekend
Four planets will be in the parade in January, while seven will align in February. Here's how to see the events.
Supersonic winds rage on planet over 500 light-years from Earth
Researchers said this was the fastest wind ever measured in a jetstream that goes around a planet.
FAA orders investigation into SpaceX Starship failure
A fire in the aft section of SpaceX's Starship trigged the apparent explosion that destroyed the spacecraft, the company says.
What's next for SpaceX?
SpaceX completed its seventh launch of the Starship rocket, Jeff Bezos' Blue Origin launched its New Glenn rocket into orbit and a NASA astronaut stuck in space went on her first spacewalk in seven months. CBS News space consultant Bill Harwood breaks down the latest stories.
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
U.S. troops head to southern border
The U.S.-Mexico border has been very active since President Trump took office last week. While more troops head to the border, the U.S. is ramping up its deportation efforts. CBS News correspondent Jason Allen has more from outside Fort Bliss in Texas.
Solar industry grazing vegetation with sheep
The solar industry has exploded over the past decade, and that includes putting panels on farmland to capture electricity. Maintaining the land underneath those panels can be a pricey proposition, but now there are workers doing it on the cheap. CBS News correspondent Jason Allen explains.
SpaceX launches 21 new Starlink satellites
SpaceX has successfully launched its newest round of Starlink satellites into Earth's lower orbit from a Falcon 9 rocket. Twenty-one total satellites were onboard, and 13 of them have direct-to-cellphone capabilities. CBS News space consultant Bill Harwood has more from the Kennedy Space Center in Florida.
14th Amendment explained
President Trump's executive order ending birthright citizenship is on temporary hold after a federal judge last week called it "blatantly unconstitutional." Birthright citizenship derives from section one of the 14th Amendment. Amanda Frost, professor at the University of Virginia School of Law, joins CBS News to take a closer look at the legal battle.
Why U.S. investors see DeepSeek as a threat
Tech stocks plummeted Monday as investors raised concerns about advancements in Chinese artificial intelligence. Last week, the Chinese company DeepSeek released R1, an AI model similar to ChatGPT that costs significantly less to develop. CBS News contributor JD Durkin joins "The Daily Report" to examine the stock market's response.