Stocks waver and oil prices rise after Israeli missile strike on Iran
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Stocks for former President Donald Trump's Truth Social parent company are sinking. Javier E. David, the business and markets managing editor for Axios and a CBS News contributor, breaks down the factors affecting Trump Media & Technology Group's shares.
New data from the Labor Department shows the U.S. added 303,000 jobs in March, beating the Dow Jones estimated gain of around 200,000 jobs. CBS News business analyst Jill Schlesinger breaks down the numbers and acting Labor Secretary Julie Su joins CBS News with her reaction.
Disney stockholders gave the company's current leadership a win on Wednesday, reelecting all 12 board members and rejecting two hedge funds that fought for seats. Brooks Barnes, senior staff writer for The New York Times, joins CBS News to discuss what the results mean for the company's future.
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Trading began Tuesday for the Trump Media & Technology Group, parent to former President Donald Trump's Truth Social media platform. The firm ended the day at nearly $58 per share with a total valuation of $7.9 billion. Amrith Ramkumar, finance reporter for The Wall Street Journal, joins CBS News to assess the stock's debut performance.
Reddit made its stock market debut Thursday, raking in about $519 million by the closing bell. Hope King, senior business reporter at Axios, joins CBS News to discuss what investors might find attractive about the social media company.
Reddit, the popular social media platform, has gone public after almost two decades after its launch. CBS News senior business and technology correspondent Jo Ling Kent has more on what Reddit will have to modify as it seeks to make profits for shareholders.
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
A recent New York Federal Reserve analysis shows Americans under 40 are benefiting from the rising stock market. Alicia Adamczyk, a senior writer for Fortune, has been reporting on the surge among younger generations.
Younger workers enjoyed the biggest percentage gain in wealth since the pandemic, the New York Federal Reserve found.
Several factors, like the boom in artificial intelligence in the past few years, have created higher value for tech companies stocks in the market that are driving market gains. Joe Rennison covers financial markets for The New York Times and joins CBS News with his take on the strength of the "magnificent seven" group of tech stocks.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
The Dow Jones, NASDAQ and S&P 500 all closed relatively flat on the first Friday of 2024. Javier David, Axios managing editor for business and markets, and Kristin Myers, editor-in-chief and senior vice president of ETF.com, join CBS News to recap the week on Wall Street.
If you're looking to grow your 401(k) you may need to keep an eye on it more than usual this year as an unsettled market presents opportunities. Bourree Lam, an author of The Wall Street Journal book "The New Rules of Money," joined CBS News to talk about ways to increase your retirement fund.
A $14 billion deal for Japan's Nippon Steel to buy out U.S. Steel is facing stiff opposition. CBS Pittsburgh money and politics editor Jon Delano examines the details of the sale — and why lawmakers oppose it.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
The Dow soared more than 500 points on Wednesday, closing over 37,000 for the first time. The surge came after the Federal Reserve said it is keeping interest rates unchanged for the third time in a row. Gregory Daco, chief economist at Ernst and Young, joins CBS News to unpack the Fed's decision.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The Arena Group has fired a few executives following public backlash over Sports Illustrated's alleged use of AI to create fake content.
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
In Michigan, Wisconsin and Pennsylvania, both Biden and Trump elicit feelings of worry, anger and nostalgia, according to latest CBS News poll.
More than 100 tornadoes were detected in six states in the Midwest over the weekend.
She made a name for herself as an Oscar-nominated actress in "Almost Famous." But music has always been in her blood, and now Kate Hudson is making a name for herself as a singer-songwriter, with her debut album, "Glorious."
On Sunday, recreational boats will be able to pass through the Key Bridge collapse salvage during specific hours.
The hostages seen on the video were identified as Omri Miran and Keith Siegel by the campaign group the Hostages and Missing Families Forum.
Protesters nationwide are demanding that their schools divest from companies they say are enabling the Israel-Hamas war as officials say outside agitators "spew hate and antisemitism."
Mr. Biden, like most of his predecessors, used the glitzy annual White House Correspondents' Association banquet to jab at his rival, former President Donald Trump.
After a traditional autopsy, a coroner ruled Kristen Trickle died by suicide. But prosecutors in Kansas questioned if she could have fired the large-caliber revolver that killed her and ordered an autopsy of her mind.
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.
It's been almost 20 years since Dan Rather signed off at the network where he spent 44 years covering wars, politics, and the assassination of JFK. But he has not retired from the life of a reporter.
Author Erik Larson visits Fort Sumter in Charleston, S.C., where he discusses "the single most consequential day in American history."
In Michigan, Wisconsin and Pennsylvania, both Biden and Trump elicit feelings of worry, anger and nostalgia, according to latest CBS News poll.
Social pressures to be productive – not to mention a culture that prizes multi-tasking – make doing nothing hard to do, for fear of being accused of the dreaded sin of laziness. However, experts say there are rewards for not pushing yourself to the edge all the time.
More than 100 tornadoes were detected in six states in the Midwest over the weekend.
The union struck a four-year agreement with the German company on Friday evening, just before the expiration of the previous contract.
Intimacy coordination is a relatively new and growing field with movie and television productions required to make a good-faith effort to hire one if needed on set.
Under the new law signed this week, ByteDance has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.
About 7 in 10 retirees stop working before they turned 65. For many of them, it was for reasons beyond their control.
In Michigan, Wisconsin and Pennsylvania, both Biden and Trump elicit feelings of worry, anger and nostalgia, according to latest CBS News poll.
Mr. Biden, like most of his predecessors, used the glitzy annual White House Correspondents' Association banquet to jab at his rival, former President Donald Trump.
The following is a transcript of an interview with Senate Minority Leader Mitch McConnell that will air on April 28, 2024.
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.
South Dakota Gov. Kristi Noem — a potential running mate for presumptive Republican presidential candidate Donald Trump — is getting attention again.
Around 1 in 5 retail milk samples had tested positive for the bird flu virus, but further tests show it was not infectious.
The White House had been due to decide on the menthol cigarette rule in March.
The discovery of drug-resistant bacteria in two dogs prompted a probe by the CDC and New Jersey health authorities.
First known HIV cases from a nonsterile injection for cosmetic reasons highlights the risk of unlicensed providers.
Are you using your smartwatch to the fullest? Here are 4 metrics doctors say can be useful to track beyond your daily step count.
The hostages seen on the video were identified as Omri Miran and Keith Siegel by the campaign group the Hostages and Missing Families Forum.
Iraqi authorities are investigating the killing of a well-known social media influencer Um Fahad who was shot by an armed motorcyclist in front of her home in central Baghdad.
Hamas says it received the cease-fire proposal from Israel after a high-level Egyptian delegation wrapped up a visit to Israel.
A Moscow court has detained another suspect as an accomplice in the attack by gunmen on a suburban Moscow concert hall in March.
Russia has launched a barrage of missiles against Ukraine directed at energy facilities.
"Sunday Morning" remembers some of the notable figures who recently left us, including keyboardist Mike Pinder, of The Moody Blues.
She made a name for herself as an Oscar-nominated actress in "Almost Famous." But music has always been in her blood, and now Kate Hudson is making a name for herself as a singer-songwriter, with her debut album, "Glorious."
Kate Hudson made a name for herself as an Oscar-nominated actress in "Almost Famous." But music has always been in her blood, and now Hudson is making a name for herself as a singer-songwriter. She talks with correspondent Tracy Smith about her debut album, "Glorious," filled with her songs about life and love, and reveals the one song that truly rips her heart out.
He's been painting for more than 50 years, but artist Stanley Whitney – whose bold, colorful canvases offer vibrant hues and deliberately ferocious brushstrokes – is just now getting his first major retrospective (including many works never before exhibited publicly), at the Buffalo AKG Art Museum in Buffalo, N.Y. Correspondent Alina Cho talks with Whitney about the breakthrough that came during his artistic journey.
This month's fiction and non-fiction titles include the follow-up from Amor Towles, author of the international sensation, "A Gentleman in Moscow."
NYU Langone Health and Meta have developed a new type of MRI that dramatically reduces the time needed to complete scans through artificial intelligence. CBS News correspondent Anne-Marie Green reports.
The Federal Communications Commission voted to adopt net neutrality regulations, a reversal from the policy adopted during former President Donald Trump's administration. Christopher Sprigman, a professor at the New York University School of Law, joins CBS News with more on the vote.
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.
Are you using your smartwatch to the fullest? Here are 4 metrics doctors say can be useful to track beyond your daily step count.
Local and federal authorities face challenges in investigating and prosecuting romance scammers because the scammers are often based overseas. Jim Axelrod explains.
Bats have often been called scary and spooky but experts say they play an important role in our daily lives. CBS News' Danya Bacchus explains why the mammals are so vital to our ecosystem and the threats they're facing.
Pediatrician Dr. Mona Hanna-Attisha, whose work has spurred official action on the Flint water crisis, told CBS News that it's stunning that "we continue to use the bodies of our kids as detectors of environmental contamination." She discusses ways to support victims of the water crisis, the ongoing work of replacing the city's pipes and more in this extended interview.
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent Ash-har Quraishi spoke with residents about what the past decade has been like.
According to the University of California, Davis, residential energy use is responsible for 20% of total greenhouse gas emissions in the U.S. However, one company is helping residential buildings reduce their impact and putting carbon to use. CBS News' Bradley Blackburn shows how the process works.
Emerging cicadas are so loud in one South Carolina county that residents are calling the sheriff's office asking why they can hear a "noise in the air that sounds like a siren, or a whine, or a roar." CBS News' John Dickerson has details.
After a traditional autopsy, a coroner ruled Kristen Trickle died by suicide. But prosecutors in Kansas questioned if she could have fired the large-caliber revolver that killed her and ordered an autopsy of her mind.
Viktoria Nasyrova attempted to murder a woman with cheesecake. As one private investigator would find out, she had a list of alleged victims — including her ex-boyfriend's dog.
Angel Gabriel Cuz-Choc was found hiding in a wooded area after his girlfriend and her 4-year-old daughter were found dead in Florida.
Dramatic bodycam footage shows the moment Florida deputies and K-9 dogs close in on a double murder suspect hiding in a thickly wooded area.
A new "48 Hours" investigation is looking into the death of a Kansas woman after she was found dying from a gunshot wound in 2019. The coroner initially ruled Kristen Trickle's death a suicide, but the local prosecutor said evidence on the scene didn't add up. "48 Hours" correspondent Erin Moriarty has the story.
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.
In 1961, Ed Dwight was selected by President John F. Kennedy to enter an Air Force training program known as the path to NASA's Astronaut Corps. But he ultimately never made it to space.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.
In November 2023, NASA's Voyager 1 spacecraft stopped sending "readable science and engineering data."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
It's been almost 20 years since Dan Rather signed off as anchor and managing editor of the "CBS Evening News," at the network where he spent 44 years covering wars, politics, and the assassination of JFK – and where he mentored a young correspondent named Lee Cowan. Rather, now 92, talks with Cowan about his illustrious career; about the story that gave him (and CBS) a black eye; and his post-CBS years, writing books and finding a new, younger audience on social media.
Twenty-four years ago, Gene Eyster, then with the South Bend, Ind., police department, received a call about a newborn baby found abandoned in a cardboard box. For more than two decades, Eyster wondered what became of that boy. A few weeks ago, he found out, perhaps when he needed to most. Steve Hartman reports.
Beginning on April 12, 1861, over the course of two days, more than 3,300 shells and cannon balls rained across Charleston Harbor towards Fort Sumter, the first shots fired in the Civil War. Correspondent Anthony Mason visits the fort with bestselling author Erik Larson, whose latest book, "The Demon of Unrest," explores the events leading up to the bombardment and what Larson calls "the single most consequential day in American history."
"Sunday Morning" remembers some of the notable figures who recently left us, including keyboardist Mike Pinder, of The Moody Blues.
Jane Pauley looks back at the lives of Lori and George Schappell – conjoined twins whose skulls were partly fused – who died in Philadelphia earlier this month at the age of 62.