Oil, stimulus hopes, yuan boost global stocks
U.S. benchmarks were poised to open sharply higher after a long weekend: Both Dow and broader S&P 500 futures jumped 1.4 percent
Stimulus
Fed and ECB stimulus worries slam stocks
Investors disappointed with central banks punish financial markets across the board, pushing the Dow down for the year
Nikkei gains on stimulus hope, Fed weighs on other markets
U.S. stocks were poised for a slightly higher open, with Dow futures up 0.1 percent, and broader S&P 500 futures up 0.2 percent
Stocks mostly higher as ECB says it's ready to act
Investors now turn to Friday's jobs report, that could decide whether or not the Fed raises interest rates this month
ECB keeps rates ultralow as eurozone growth picks up
With Grexit fears behind it, Europe is bouncing back, though the central bank will likely stick with its stimulus program
China stocks fall for second day, Europe rises
Wall Street futures pointed to gains: Dow and S&P 500 futures were up 0.4 percent and 0.5 percent, respectively
China stocks jump on stimulus hopes
Futures augured a tepid start for Wall Street: S&P 500 futures were down 0.1 percent; Dow futures were unchanged
QE reassurance gives European shares a lift
Wall Street looked set for a muted open, with both Dow and S&P futures up slightly
China stimulus hopes, Wall St. rebound boost markets
Futures augured a positive start on Wall Street: Dow futures rose 0.4 percent, and S&P 500 futures were up 0.3 percent
Global markets mostly lower, but China books gains
Futures pointed to a lower open on Wall Street: S&P 500 futures were down 0.6 percent and Dow futures dropped 0.7 percent
China stimulus hopes give most world markets a lift
On Wall Street, futures for the Standard & Poor's 500 and Down were both down 0.1 percent
World stocks mainly higher on China stimulus hopes
On Wall Street, futures for the Standard & Poor's 500 index and the Dow were both up 0.2 percent
Jacob Frenkel said the stimulus will allow European economies to be more flexible which would increase competitiveness.
Jacob Frenkel, chairman of JPMorgan Chase International and the former governor of the Bank of Israel, lauded the European Central Bank's new stimulus program. Frenkel, speaking at the World Economic Forum in Davos, Switzerland, said the stimulus will allow European economies to be more flexible which would increase competitiveness. Senior Producer: Lulu Chiang; Digital Journalist: Gilad Thaler
The Fed spent nearly $4.5 trillion on bonds to help stimulate the economy
The Federal Reserve is ending its bond-buying program, known as quantitative easing, in response to the strengthening job market and other economic improvements. The Fed spent nearly $4.5 trillion on bonds to help stimulate the economy. Norah O'Donnell reports.
The Federal Reserve looks set to end the massive bond purchases it has used to shore up the U.S. economy since the 2008 financial crisis
The Federal Reserve looks set to end the massive bond purchases it has used to shore up the U.S. economy since the 2008 financial crisis. CBS MoneyWatch contributor Anthony Mirhaydari analyzes what impact withdrawing that stimulus could have on investors and the broader economy.
Federal Reserve Chair Janet Yellen spoke Monday morning, saying stimulus measures are still needed to boost the economy, plus more MoneyWatch headlines
Federal Reserve Chair Janet Yellen spoke Monday morning, saying stimulus measures are still needed to boost the economy. In a speech in Chicago Yellen also said low interest rates could encourage both borrowing and spending. Jericka Duncan has that story and more MoneyWatch headlines.
The White House will release a 2015 budget packed with stimulus money and an earned income tax credit
The White House will release a 2015 budget packed with stimulus money and an earned income tax credit. Norah O'Donnell reports.
Farm bill deal would cut food stamps by 1 percent
A bipartisan agreement on a farm bill could preserve food stamp benefits for most Americans who get them., plus more of the latest MoneyWatch headlines.
Profits jump at major companies
Delta, Halliburton and Johnson & Johnson all reported strong earnings growth Tuesday, plus more news from Moneywatch
Stocks soar on Fed's bond-buying scale back
As the Federal Reserve announced it would taper its bond buying stimulus program, stock prices reacted with a surge
The full episode of the CBS Evening News from December 18, 2013
In his last press conference as Federal Reserve chairman, Ben Bernanke said the Fed will continue to stimulate the economy, but will cut bond purchases by $10 billion in January; and, Snowball Express, named for an old Disney movie, brings a weekend of fun to kids who have lost a parent to war. The non-profit organization gives children -- and parents -- an opportunity to spend time with people who understand what they've gone through.
Fed could roll back stimulus program
There is speculation of the Federal Reserve announcing the beginning of the end of the controversial bond-buying program
Biggest gain in 5 months for retail sales
The Commerce Department says retail sales rose 0.7 percent, plus more Moneywatch headlines
Stocks jump on jobs report
Stocks shot higher after the opening bell on more proof that the job market is recovering, plus more MoneyWatch headlines
Stocks dip despite signs of economic growth
Upward revision in GDP renews investor fears that Fed will soon reduce stimulus
House passes bill to avoid consequential government shutdown
The vote capped a chaotic week in Washington that saw Trump torpedo a bipartisan deal.
Car slams into Christmas market in Germany in suspected attack
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least 2 people and injuring dozens.
Biden's top hostage envoy travels to Syria to ask for help in finding Austin Tice
Hostage envoy Roger Carstens traveled to Syria Friday, making the first known U.S. in-person contact with the caretaker government, and seeking help in finding missing American Austin Tice.
Biden surpasses Trump with 235th federal judge confirmed
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Here's a fact check on Trump's recent comments about the history of U.S. tariffs
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
More than 119 million U.S. holiday travelers expected to hit roads, skies
More than 119 million people will travel at least 50 miles from home between Saturday and New Year's Day, which would top the previous holiday-season high set in 2019, according to AAA.
Delphi double murderer Richard Allen sentenced to 130 years in prison
An Indiana jury has convicted Allen in the murders of 14-year-old Liberty "Libby" German and 13-year-old Abigail "Abby" Williams who had vanished during a hike in Delphi in 2017.
8 convicted of terrorism charges in teacher's 2020 beheading in France
Samuel Paty was killed by an Islamic extremist outside his school, days after showing his class cartoons of the Prophet Muhammad during a debate on free expression.
Mayorkas warns of "serious" consequences for Homeland Security if government shuts down
Republicans in the House are working to craft a plan to avert a government shutdown just hours before funding for agencies is set to lapse.
U.S.
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How much more will it cost to heat your home this winter?
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
IRS sending up to $1,400 to 1 million people. Here's who qualifies.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Biden surpasses Trump with 235th federal judge confirmed
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
What would a government shutdown mean for flights and air travel?
Here's what the anticipated record number of holiday travelers should know about how a government shutdown could affect trips.
MoneyWatch
More MoneyWatch
How much more will it cost to heat your home this winter?
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
IRS sending up to $1,400 to 1 million people. Here's who qualifies.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
What would a government shutdown mean for flights and air travel?
Here's what the anticipated record number of holiday travelers should know about how a government shutdown could affect trips.
Here's what to know about Medicare's new $2,000 prescription drug cap
Millions of Medicare enrollees are likely to see relief in 2025 when a $2,000 cap on out-of-pocket prescription drug-spending goes into effect.
Politics
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Biden surpasses Trump with 235th federal judge confirmed
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Here's a fact check on Trump's recent comments about the history of U.S. tariffs
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Mayorkas warns of "serious" consequences for Homeland Security if government shuts down
The warning came before the House passed a last-minute stopgap funding bill with bipartisan support Friday night, sending it to the Senate.
Biden issues likely last round of student debt forgiveness before leaving office
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.
HealthWatch
More HealthWatch
Why fish, birds and other animals yawn too, according to an expert
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Stuffing stockings with skincare? Here's what kids should and shouldn't be using
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
He went in for a colonoscopy. The hospital charged $19,000 for two.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Frito-Lay recalls some Lay's chips over "life-threatening" allergy risk
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
"Sleepmaxxing" trend has young adults optimizing their sleep
Sleep optimization, or "sleepmaxxing," is a popular trend among a younger demographic, but experts share a few words of caution.
World
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8 convicted of terrorism charges in teacher's 2020 beheading in France
Samuel Paty was killed by an Islamic extremist outside his school, days after showing his class cartoons of the Prophet Muhammad during a debate on free expression.
Car slams into Christmas market in Germany in suspected attack
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least 2 people and injuring dozens.
Hip-hop star reportedly shot dead in parking garage in Sweden
In a video, seemingly filmed with a camera worn by the shooter, a person carrying a handgun can be seen firing multiple shots in a parking garage.
7 killed in prison riot as officers try to transfer 2 dangerous inmates
One of the inmates with a gun held out for about three hours, protected by 20 fellow prisoners, officials said.
7-year-old killed, 6 other people wounded in stabbing attack at Croatia school
A 7-year-old girl was killed and at least five other students and a teacher were wounded in a knife attack at a school in Croatia, police said.
Entertainment
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Entertainment
The untold WWII story of "Six Triple Eight"
Tyler Perry and Kerry Washington team up on the film "Six Triple Eight," spotlighting the only all-Black women's battalion in Europe during WWII. Washington stars as Charity Adams, the highest-ranking Black female officer.
Alicia Keys surprises students at her former high school
The 16-time Grammy winner returned to the Professional Performing Arts School in New York, where she first began her career, and shares advice with current students.
Quirky Guinness World Records of 2024 include a skateboarding cat
As 2024 comes to a close, we took a look at some of the oddest Guinness World Records of the year.
Apollo Theater honored by Kennedy Center
For 90 years, the Apollo Theater has shaped American culture, launching icons like James Brown and Aretha Franklin. This year, it became the first institution honored by the Kennedy Center, cementing its legacy as a hub of innovation.
Alicia Keys surprises students at alma mater
Sixteen-time Grammy winner Alicia Keys celebrates her Broadway musical "Hell's Kitchen" earning a Grammy nomination for Best Musical Theater Album. In an exclusive interview, she revisits her alma mater to honor the teacher who inspired her and surprises students.
Technology
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Technology
Supreme Court agrees to hear case about TikTok ban
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Teen victim of deepfake porn urges Congress to pass "Take It Down Act"
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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.
Supreme Court to decide on future of TikTok
The Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA: Lithium battery fires on flights now occur nearly twice a week
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
Science
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Science
Class-action lawsuit over plastic recycling
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Why fish, birds and other animals yawn too, according to an expert
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Americans coexisted with 4-ton sloths for millennia, research shows
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
EPA tackling pollution in at-risk communities
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
"Murder hornets" eradicated in the U.S., agriculture officials say
Giant hornets, dubbed "murder hornets," have been eradicated in the U.S., five years after the invasive species was first detected in Washington state.
Crime
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Crime
Dozens injured in Germany Christmas market attack
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
German Christmas market attack update
At least two people were killed and over 60 were injured after a car crashed into a Christmas market in eastern Germany. Authorities arrested a suspect, saying they believe he acted alone in the deliberate act. CBS News national security contributor Sam Vinograd has more details.
Toddler killed in German market attack, police say
At least two people, including a toddler, were killed, and at least 60 more hurt, after a car crashed into a Christmas market in Magdeburg, Germany, in what authorities said appeared to be a deliberate attack. German police said a Saudi man has been arrested, but a motive has not yet been determined. CBS News reporter Anna Noryskiewicz has more.
Details on suspect in crash at German market
More than 60 people were injured and at least two killed Friday after a driver rammed into a crowded Christmas market in Magdeburg, Germany. The driver is in custody and local government officials say they suspect the crash was deliberate. CBS News reporter Haley Ott has the latest details.
JonBenét Ramsey's dad on key evidence
John Ramsey, JonBenét Ramsey's dad, says he thinks DNA technology will lead to an answer in his daughter's brutal murder. "48 Hours" correspondent Erin Moriarty breaks down her latest reporting on the case.
Space
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Discovery of "tipped over" black hole surprises NASA scientists
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Why are the Boeing Starliner astronauts stuck in space?
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA delayes return date for astronauts
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA leader weighs in on Elon Musk, SpaceX and plans for moon rocket
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Boeing Starliner crew's return delayed again
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
Latest Galleries
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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.
Summer music heats up 2024
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
A unique spin on the classic holiday eggnog
It's the time of year when we indulge in some favorite holiday treats and drinks like eggnog. Chef JJ Johnson, the founder of fast-casual restaurant Field Trip NYC, joins CBS News to showcase several holiday recipes.
Sports' biggest moments in 2024
2024 marked a sensational year in the world of sports. Some highlights included another Super Bowl win for the Kansas City Chiefs and the rise of women's sports on the college and professional level. Cbssports.com writer Austin Nivision breaks it all down.
Drone expert unpacks mysterious sightings
A string of drone sightings across parts of the Northeast has prompted federal officials to ban drone flights temporarily in 22 towns throughout New Jersey and some neighborhoods around airports in New York City. Michael Innella, drone photographer and founder of North Jersey Drone Shots, joins CBS News to discuss the logistics behind the aircraft.
Kids inspired by Secret Santa hand out money
An Arizona elementary teacher uses Steve Hartman's "On the Road" stories to teach kindness and character. One about a Secret Santa that gives out money to random strangers has inspired his students to do the same over the holidays -- and this year was no different.
Why Starbucks and Amazon workers are striking
Employees at Starbucks stores started a five-day strike in several U.S. cities, including Chicago and Los Angeles. Meanwhile, workers are on strike at more than a half dozen Amazon facilities, with more locations expected to join. Carter Evans has details.