Brent crude touches $115 a barrel, while stocks resume a losing streak
U.S. stocks swung on Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end.
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U.S. stocks swung on Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end.
Wall Street had a shaky start to the week on Monday, as U.S. stocks ended mixed and crude oil prices stayed above $100 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins to discuss.
Stocks tumbled on Friday amid the uncertainty in Iran, marking the fifth consecutive week of declines. It's the longest stretch of weekly losses in nearly four years. CBS News business contributor Javier David has more.
Stocks suffered a fifth straight weekly loss as oil prices climbed and mixed signals on Iran raised fears about inflation and growth.
The Dow Jones dropped more than 700 points on Friday, while the S&P 500 posted its fifth straight weekly drop. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
Oil prices dropped with news of possible U.S.-Iran peace talks. Isabel Wang, a markets reporter for MarketWatch, joins with more.
The stock market is responding favorably after President Trump said Monday morning that he would postpone his ultimatum for Iran to reopen the Strait of Hormuz. Mr. Trump had previously threatened to "obliterate" Iran's power plants if the strait wasn't reopened by Monday evening. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss the markets.
The stock market responded negatively on Wednesday after the Federal Reserve left its benchmark interest rate unchanged for a second straight policy meeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
A drop in oil prices helped send the U.S. stock market to its best day since the start of the war in Iran on Monday. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
The stock market appears optimistic that the war in Iran will end soon and that oil prices will drop. Joy Wiltermuth, a reporter for MarketWatch, joins CBS News with more details.
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
The pressure to reopen the Strait of Hormuz is intensifying, along with the rhetoric around it from the U.S. and Iran. Matt Smith, an analyst at the data firm Kpler, joins to discuss.
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
Stock markets plunged on Monday as the price of oil hit more than $100 per barrel for the first time since July 2022. Noam Raydan, a senior fellow at the Washington Institute for Near East Policy, joins with more.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
The stock market is in the red as unexpected news about the jobs market emerges. Harriet Torry, an economics correspondent for The Wall Street Journal, joins CBS News with more.
The Dow Jones closed on Thursday down nearly 800 points as surging oil prices stoke investor fears about the economic impact of the war with Iran. CBS News' Kelly O'Grady has more on what was driving the market.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Oil prices continue to climb and U.S. stock markets remain uneasy amid the war with Iran. CBS News' Kelly O'Grady has the details.
President Trump on Tuesday said he ordered political risk insurance for the financial security of all maritime trade traveling through the Gulf. CBS News' Kelly O'Grady has more.
Airline stocks were among Monday's biggest losers, and their declines are poised to continue on Tuesday, data shows.
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
Stocks fell Friday after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
President Trump indicated the Iran war may wrap up "very soon" and he could abandon efforts to force Iran to reopen the Strait of Hormuz, as the war pushes U.S. gas prices over $4.
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
President Trump is planning to go to the Supreme Court on Wednesday as the justices take up his executive order seeking to end birthright citizenship, a major test of his immigration agenda.
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
Tiger Woods announced Tuesday that he's "stepping away for a period of time to seek treatment" after pleading not guilty to charges including driving under the influence.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
Tiger Woods announced Tuesday that he's "stepping away for a period of time to seek treatment" after pleading not guilty to charges including driving under the influence.
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
Jamie Dimon told "CBS Evening News" anchor Tony Dokoupil that "what's more important for the future of the world is that this war successfully conclude."
President Trump is planning to go to the Supreme Court on Wednesday as the justices take up his executive order seeking to end birthright citizenship, a major test of his immigration agenda.
A federal judge directed the Trump administration to restore the legal status of migrants allowed into the U.S. under a now-defunct Biden administration program for asylum-seekers who arrived at the southern border.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Shortages of helium, a byproduct of natural gas processing, could create problems for semiconductor and medical equipment manufacturers.
Defense Secretary Pete Hegseth is tentatively expected to testify publicly before the House Armed Services Committee on April 29, according to two sources familiar with the plans.
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
Palestinian parents separated from their premature newborns by the war in Gaza finally get to meet their children for the first time.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
A Barbie Dream Fest event in Fort Lauderdale, Florida, generated backlash from attendees over its allegedly underwhelming experience. Jessica Nova, who drove in from Atlanta for the occasion, joins CBS News to recount her experience.
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
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.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Lawyers for the man accused of killing Charlie Kirk are asking to delay a preliminary hearing set for May, arguing the defense team needs time to review ATF analysis they contend "could not" connect a bullet fragment recovered during Kirk's autopsy with the rifle found near the scene of the crime. CBS News legal contributor Jessica Levinson joins to unpack the development.
Tiger Woods had bloodshot eyes, was "sweating profusely" and had "extremely dilated" pupils after a rollover car crash last week, an arrest report shows. CBS News' Shanelle Kaul has the details.
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
Lawyers for Tyler Robinson, the man charged with killing conservative activist Charlie Kirk, are looking to review an analysis that couldn't conclusively connect a bullet fragment recovered during an autopsy to the rifle found near the scene. CBS News' Carter Evans reports.
A new court filing reveals defense attorneys for Tyler Robinson, the man accused of killing Charlie Kirk, claim an ATF analysis could not conclusively connect the bullet that killed Kirk to the gun Robinson allegedly used. Now the lawyers are asking to delay Robinson's preliminary hearing to review the evidence. Carter Evans reports.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
NASA is planning to launch its first crewed mission in over 50 years with its Artemis II flight on Wednesday from Florida's Kennedy Space Center.
JPMorgan Chase CEO Jamie Dimon speaks with "CBS Evening News" anchor Tony Dokoupil about the advancement of artificial intelligence, the war in Iran's effect on the U.S. economy, prediction markets and more.
Born with a rare heart defect, Wyatt Lopez was about a year old when he checked into the hospital. It took almost a whole year before he checked back out -- with a tuxedo, a little parade and a brand new heart. Tony Dokoupil has the story.
The head of JPMorgan Chase is acknowledging that the American dream is slipping out of reach for many. Jamie Dimon spoke to Tony Dokoupil, saying he's on a crusade to change that.
The countdown to launch of the Artemis II mission, NASA's first piloted moonshot in half a century, proceeded smoothly as engineers and technicians prepared the agency's giant Space Launch System rocket and Orion crew capsule for fueling and blastoff. Mark Strassmann has more.