Dow dives more than 1,100 points on renewed inflation fears
S&P 500 suffers biggest one-day drop since 2020 as "stagflation" fears fuel concern about of a U.S. downturn.
Stock Market
MoneyWatch: Is Elon Musk trolling Twitter?
Elon Musk has shared online that his deal to buy Twitter is "on hold." The social media giant's stock price has fluctuated in response to the changing news. Axios media reporter Sara Fischer joined "CBS News Mornings" to discuss.
Stock market's growing impact on the crypto currency market
Helene Braun, U.S. markets reporter for CoinDesk, joins CBS News at the closing bell to discuss what's driving the downward trend of the crypto market, and why corporate involvement could make the online currencies lose even more of their value.
MoneyWatch: Ex-Goldman CEO warns of recession
Lloyd Blankfein, Goldman Sachs' former CEO and current senior chairman, warned there's a "high risk" of a recession. Meanwhile, China reported a dip in retail sales. Brian Sozzi, anchor and editor at large for Yahoo Finance Live, spoke with CBS News' Tanya Rivero about what's driving the markets.
MoneyWatch: Gas prices reach record high
Gas prices reached another record high Friday. Plus, the U.S. is seeing a shortage of diesel that could spell trouble in the summer months. Tom Kloza, head of energy analysis at the Oil Prices Information Services, joins CBS News to discuss rising gas prices and what drivers can expect in the coming months.
Inflation adjustments could trigger crypto crash
Cryptocurrency trading platform Coinbase has lost half its value in the past week as bitcoin and other digital coins continue to plummet. Ryan Belanger, founder and managing principal of Claro Advisors, joined CBS News' Tanya Rivero to discuss.
MoneyWatch: Stocks see extreme fluctuations
Stocks hit their lowest point of the year Monday. All three major domestic indexes dropped by at least 2%. Dory Wiley, president and CEO of Commerce Street Holdings, joined "CBS News Mornings" to explain what's behind the recent swings and share advice for investors.
U.S. stocks sink on inflation concerns
The stock market continued its downward trend Monday, as Americans face the highest inflation in decades. John Leer, chief economist for Morning Consult. joins Elaine Quijano on CBS News to discuss.
MoneyWatch: Markets tumble to kick off week
The markets tumbled to kick off the new week, with the Dow Jones dropping roughly 650 points on Monday. Rod von Lipsey, the managing director at UBS Private Wealth Management, joins CBS News to discuss the impact the Federal Reserve's interest rate hikes are having on the markets.
Stocks trim losses as investors eye headwinds
Investors are concerned that tightening monetary policy could tip the U.S. economy into recession.
Stocks drop after Fed move against inflation
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the dramatic stock market drop following the Federal Reserve raising interest rates to combat high inflation. She explains investors' reactions and what this means.
MoneyWatch: Markets tumble after rate hike
Stock markets tumbled a day after the Federal Reserve announced an interest rate hike to combat inflation. Gargi Chaudhuri, head of iShares Investment Strategy, Americas at Blackrock, joins CBS News' Tanya Rivero and Mola Lenghi to break down the trading day and the Fed's decision.
Overall health of the U.S. economy
The Dow Jones dropped Thursday following the release of the weekly jobless numbers and the Federal Reserve announcing a 0.5% interest rate hike as part of its ongoing effort to combat rising inflation. Frances Stacy, the director of portfolio strategy at Optimal Capital, joins CBS News to discuss the overall health of the U.S. economy.
Stocks see biggest gain in 2 years as Fed quashes high-hike fears
Investors cheered after Federal chair Jerome Powell says central bank is "not actively considering" bigger rate hikes.
Last-minute stock rally makes for merry start to May
S&P 500 has closed higher in May in eight of the past nine years, according to one Wall Street analyst.
Should investors worry after miserable April?
The S and P 500 has had its worst four-month start to the year since 1939. William Huston, founder and chief investment officer of Bay Street Capital Holdings, joined CBS News' Tanya Rivero to discuss how concerned investors should be.
Tech stocks' decline hurting retirement plans
Tech stocks have plunged in the past month after some disappointing earnings reports. The decline is hammering many people's retirement savings plans. Joseph Zappia, a principal and co-chief investment officer of LVW Advisors, joined CBS News' Tony Dokoupil and Tanya Rivero to discuss.
MoneyWatch: Financial and mental health
Investors are hoping for a stock market rebound after a massive drop Friday. Mark Hamrick, a senior economic analyst at Bankrate, joined "CBS News Mornings" to discuss what people can do to protect their portfolios and a survey on how money affects mental health.
What it would mean for Twitter to go private
If Elon Musk and Twitter get their way, the company will soon be privately held and under the billionaire's control. Here’s a look at what it means for a company to go private.
U.S. markets take sharp plunge ahead of major tech earnings
The market is "getting a little more comfortable with a slowdown at best and recessionary fears at worst," said one analyst.
MoneyWatch: Stocks up; Musk buys Twitter
The Dow Jones Industrial Average rose back to even as tech stocks rallied on Monday. Yahoo Finance reporter Alexandra Semenova joins CBS News' Tanya Rivero to recap the stock market's gains.
What's driving stock market volatility?
The Dow Jones Industrial Average recorded its worst day since October 2020 on Friday. Christine Benz, the director of personal finance at Morningstar, joins CBS News' Tanya Rivero to discuss.
U.S. stocks lose momentum
Peter Morici, professor at the Robert H. Smith School of Business at the University of Maryland, joins CBS News' Tanya Rivero and Mola Lenghi to discuss today's stock market activity, as well as the significance of Tesla's record profit during its first quarter.
MoneyWatch: Netflix stock plummets
The NASDAQ ended Tuesday deep in the red after Netflix reported it lost subscribers for the first time in a decade. Michael Pachter, managing director of equity research at Wedbush Securities, joins CBS News at the closing bell to break down how Netflix is impacting the market and why it may not be as big an indicator as some may fear.
MoneyWatch: What's driving the market
Jeffrey Kleintop, a chief global investment strategist for the Charles Schwab Corporation, joins CBS News' Tanya Rivero and Nancy Chen to discuss today's stock market activity, as well as the significance of dropping the travel mask mandate and the International Monetary Fund cautioning that the Russian invasion of Ukraine will slow down the global economy's recovery.
Poll: Trump starts on positive note as most approve of transition handling
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Potential winter storms forecast across the U.S. on Thanksgiving week
Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.
GOP senator blocks promotion of general involved in Afghanistan withdrawal
Lt. Gen. Christopher Donahue was slated to be promoted to a four-star rank and take command of the U.S. Army in Europe.
Israel says, rabbi killed in the UAE in "heinous antisemitic terror incident"
Zvi Kogan, 28, an ultra-Orthodox rabbi who went missing on Thursday, ran a Kosher grocery store in the futuristic city of Dubai.
Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
Singer-songwriter Khalid comes out as gay after being outed
The Grammy nominee, 26, posted a rainbow flag emoji and short statement, then added in another post that he had been "outted."
Trump picks former White House aide Brooke Rollins to lead the USDA
The sprawling U.S. Department of Agriculture controls policies, regulations and aid programs related to farming, forestry, ranching, food quality and nutrition.
Fred Harris, former senator and presidential candidate, dies at 94
It fell to Fred Harris, chair of the Democratic National Committee in 1969 and 1970, to help heal the party's wounds from the tumultuous national convention in 1968 when protesters and police clashed in Chicago.
2 killed in U.S. Civil Air Patrol plane crash in Northern Colorado
Two people were killed and a third was injured when a U.S. Civil Air Patrol plane crashed in Colorado's Front Range Saturday morning.
U.S.
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Poll: Trump starts on positive note as most approve of transition handling
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Potential winter storms forecast across the U.S. on Thanksgiving week
Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.
Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
Marta's Orlando Pride defeat Washington Spirit for their first NWSL title
Orlando is the first team since 2019 to win the NWSL Shield and the title in the same year.
Fugitive Kaitlin Armstrong caught after answering ad for a yoga instructor
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
MoneyWatch
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Hyundai, Kia recall more than 208,000 electric vehicles over power loss issue
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Walmart must pay driver it accused of fraud $35 million, jury says
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Politics
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Transcript: Sen. Tammy Duckworth on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Sen. Tammy Duckworth, Democrat of Illinois, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
Poll: Trump starts on positive note as most approve of transition handling
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Fred Harris, former U.S. senator and presidential candidate, dies at 94
It fell to Fred Harris, chair of the Democratic National Committee in 1969 and 1970, to help heal the party's wounds from the tumultuous national convention in 1968 when protesters and police clashed in Chicago.
GOP senator blocks promotion of general involved in Afghanistan withdrawal
Lt. Gen. Christopher Donahue was slated to be promoted to a four-star rank and take command of the U.S. Army in Europe.
Trump picks former White House aide Brooke Rollins to lead the USDA
The sprawling U.S. Department of Agriculture controls policies, regulations and aid programs related to farming, forestry, ranching, food quality and nutrition.
HealthWatch
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A study to devise nutritional guidance just for you
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
A study to personalize nutrition guidance just for you
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
New treatments offer hope for older patients with a deadly cancer diagnosis
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
1 infant dead in California, 9 hospitalized in latest listeria outbreak
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
E. coli outbreak in St. Louis sickens 106, hospitalizes 2
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
World
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U.S Air Force says drones spotted near 3 bases in England last week
The drones were spotted between Wednesday and Friday near RAF Lakenheath, RAF Mildenhall and RAF Feltwell.
Israel says, rabbi killed in the UAE in "heinous antisemitic terror incident"
Zvi Kogan, 28, an ultra-Orthodox rabbi who went missing on Thursday, ran a Kosher grocery store in the futuristic city of Dubai.
Nations at COP29 climate talks agree on $300 billion a year for poor countries
The $300 billion will go to developing countries who need the cash to wean themselves off coal, oil and gas.
Russia bans child adoption from countries that allow gender transition
The adoption ban would apply to at least 15 countries, most of them in Europe, and Australia, Argentina and Canada.
Kayaker's leg amputated after 20-hour rescue to free him from rocks
Officials said the man, a tourist in his 60s, was kayaking with friends in the Franklin River when he slipped and became trapped.
Entertainment
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Entertainment
Good enough to eat: Noah Verrier's paintings of comfort food
Artist Noah Verrier is getting millions of likes on social media for his paintings of comfort foods, like peanut butter and jelly sandwiches, burgers, fries, and jelly donuts – and they're selling like hotcakes on eBay. Correspondent Rita Braver talks with Verrier about how the former Florida State University art instructor came to become known as a "junk food painter."
Singer-songwriter Khalid comes out as gay after being outed
The Grammy nominee, 26, posted a rainbow flag emoji and short statement, then added in another post that he had been "outted."
Jonathan Majors' ex-girlfriend drops assault and defamation lawsuit
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
The Coward Brothers perform "Early Shirley"
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. Now, from "The Coward Brothers," here are the Coward Brothers with "Early Shirley."
The Coward Brothers on new album
The Coward Brothers — better known as Elvis Costello and T Bone Burnett — began playing together more than 40 years ago, but until this week, the duo hadn't released any new music since 2006. Now, their new, self-titled album is earning critical acclaim. The pair opened up to CBS Saturday Morning about their fictional personas and that long hiatus earlier this week.
Technology
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Technology
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
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.
Australia could ban social media for kids
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
DOJ targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
Science
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Science
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Crime
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Fugitive Kaitlin Armstrong caught after answering ad for a yoga instructor
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
$20 million settlement reached in death of woman fatally shot by officer
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
U.S. accuses former Colombia general of extrajudicial killings
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
4.78 tons of cocaine, $193,000 in cash found in shipping containers
Prosecutors said eight people were detained following searches carried out in Belgium and the Netherlands earlier this month.
Space
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Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
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.
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.
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.
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.
Evidence in "The Dexter Killer" case
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.
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
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Latest CBS News Videos
The cream of the crop in butter
The butter made at Animal Farm Creamery, in Shoreham, Vermont, is almost exclusively sold to fine dining restaurants around the country. Correspondent Faith Salie visits the family farm churning out a golden (and expensive) product.
Baking an ancient bread in Tennessee
In Nashville, not far from the center of the country music world, you'll find a bakery that produces bread nearly identical to what Kurds have been enjoying for more than 4,000 years. Correspondent Martha Teichner visits Newroz Market, where their bread, which originated in Mesopotamia and is traditionally hand-made by women, is a vital culinary necessity for the Kurdish diaspora.
Good enough to eat: Noah Verrier's paintings of comfort food
Artist Noah Verrier is getting millions of likes on social media for his paintings of comfort foods, like peanut butter and jelly sandwiches, burgers, fries, and jelly donuts – and they're selling like hotcakes on eBay. Correspondent Rita Braver talks with Verrier about how the former Florida State University art instructor came to become known as a "junk food painter."
A study to personalize nutrition guidance just for you
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
Here Comes the Sun: Jack Antonoff and more
Record producer and singer Jack Antonoff sits down with Tracy Smith to discuss his band Bleachers, working with Taylor Swift, and producing the music for Broadway’s “Romeo and Juliet.” Then, Luke Burbank learns about the Aluminaire House, which can now be viewed at the Palm Springs Art Museum. “Here Comes the Sun” is a closer look at some of the people, places and things we bring you every week on “CBS Sunday Morning.”