Stocks climb higher as markets bounce back from January's slide
Investors were cheered by Alphabet's strong earnings and its plan to split its stock for the first time since 2014.
Stock Market
MoneyWatch: Stock market recap
It was another up-and-down day for the Dow Jones Industrial Average, ending up as the third straight day of gains after a mostly rough January. Mike Lewis, the head of U.S. equity cash trading at Barclays, joins CBS News with his insights.
MoneyWatch: Stocks rise on last January day
Stocks closed up for the last day of January but were down for the month. Sébastien Page, chief investment officer and head of Global Multi-Asset at T. Rowe Price, joined CBS News to discuss the markets.
Report shows inflation up 5.8% in 2021
An economic analysis report shows a key inflation measure rose 5.8% last year, the highest it's been since 1982. Despite a big leap in the stock market numbers late Friday, major indexes are still down this year. Terry Haines, founder of Pangaea Policy, joins CBS News after the New York Stock Exchange's closing bell to break down how inflation is effecting the economy and what can be done to correct it.
MoneyWatch: How "meme stocks" affect investing
Although the so-called "meme stock" craze has cooled down since skyrocketing last year, shares of companies like GameStop and AMC haven't plunged the way some investors predicted. Some larger institutional investors are rethinking social media's financial impact. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, joins "CBS News Mornings" to discuss.
Stocks dip after Fed signals it's set to hike interest rates
Economists expect the Federal Reserve to start lifting rates as soon as its next meeting in March.
MoneyWatch: Fed plans to raise interest rates
The Federal Reserve signaled it's getting ready to raise interest rates as soon as March but will keep rates near zero for now. Jared Woodard, the head of the research investment committee of Bank of America Global Research, joined CBS News at the closing bell to discuss the announcement.
Markets end the day down Tuesday
The Dow Jones bounced back late Tuesday after dipping more than 800 points during the day, while other major indexes ended the day down. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the day's trading and what investors should be looking towards.
MoneyWatch: Stock market rebounds
The stock market rebounded just before closing Monday after the major indexes dropped in early trading, dipping into "correction" territory. Stephen Gandel, news editor for The New York Times' DealBook, joins "CBS News Mornings" to discuss the latest.
Markets rally in another topsy-turvy day on Wall Street
Wall Street analysts expect the central bank this week to signal that it will raise interest rates starting in March.
Stock markets end up after wild trading day
The markets ended the first day of trading this week up slightly after a wild day of trading. Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Company, joins CBS News at the closing bell to break down what's driving the market.
Stocks rebound after entering "correction" territory
Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.
DOJ announces Texas redistricting lawsuit
The Department of Justice is suing Texas over GOP-approved redistricting maps that the department says discriminate against Black and Latino voters. Plus, the stock market bounces back as health experts find that the Omicron variant of COVID-19 may not be as deadly. CBS News chief Washington correspondent Major Garrett and Politico national correspondent Meridith McGraw join CBSN's "Red & Blue" anchor Elaine Quijano with the latest.
President Biden discusses November jobs report
President Biden chose to highlight the lower unemployment rate on Friday which dropped from 4.6 to 4.2 percent for November – glossing over the weak jobs numbers, which were much lower than expected. The stock market did not react kindly to the news, ending on a down note following a tumultuous week. Christina Ruffini has the details from the White House.
Omicron variant, inflation cause stock drop
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the stock market's drop upon news that the Fed could end some emergency COVID measures sooner than expected. Plus, what the newly-identified Omicron COVID-19 variant is doing to the economy.
11/30: Red and Blue
Omicron COVID-19 variant creates uncertainty across markets; Barbados becomes world's newest republic
Stocks sink after vaccine maker expresses Omicron concerns
Investors weighing potential impact of the new COVID-19 variant and the Fed chief's change of tune about rising prices.
Stock market rebounds as investors weigh Omicron's impact
U.S. stock markets made up half their losses from Friday, the worst trading day in nine months.
Biden promotes small businesses amid drop in stocks
Despite some concerns about the Omicron variants impact on an already fragile stock market, President Biden said he's not at all worried about the possible fall. Weijia Jiang reports.
Dow plunges 900 points on new COVID-19 variant fears
Concerns about the new variant are spurring a stock sell-off, as some European countries impose flight restrictions.
Why Wall Street isn't freaking out about inflation
With rising inflation, many Americans feel bleak about the economy. Here's why Wall Street is shrugging off concerns.
Repot: Trump's SPAC deal may have violated securities laws
Former President Trump secured nearly $300 million in funding for his new social media venture by agreeing to merge with a special purpose acquisition company. But the deal may have skirted securities laws and stock exchange rules, according to a New York Times report. Lauren Hirsch, a business reporter who co-authored the article, joins CBSN's Lana Zak to discuss.
Trump stock slumps after trading frenzy
The shell company that plans to merge with former President Trump's new media platform is losing steam after a trading frenzy in the stock market last week. CBS MoneyWatch reporter Aimee Picchi joins CBSN's Tanya Rivero for more on the story.
Expert on debt ceiling's stock market impact
President Biden signed a bill to fund the government through December 3. But that doesn't solve the issue of the debt ceiling, which Treasury Secretary Janet Yellen says needs to be raised by October 18. CBS News business analyst Jill Schlesinger spoke with Anne-Marie Green and Vladimir Duthiers on CBSN about the potential consequences if Congress can't hammer out a deal and how you should handle your investments amid the uncertainty.
Stocks slump as investors fret about Fed and China's Evergrande
Investors focused on whether the Federal Reserve will signal this week that it plans to withdraw economic stimulus.
Judge temporarily blocks release of special counsel's Trump report
A federal judge has temporarily blocked the Justice Department from releasing a report prepared by special counsel Jack Smith.
2 people found dead in JetBlue plane landing gear at Florida airport
The bodies were found during a routine inspection after the plane landed.
Trump won't rule out military action to take control of Greenland as son visits
Greenland's government says Donald Trump Jr. is visiting in a private capacity, so it won't discuss his presence as his father vows to make it part of the U.S.
Jimmy Carter's body set to be transferred today to Washington, D.C.
Former President Jimmy Carter is being remembered in six days of state funeral events that began Saturday with a service at his boyhood home in Plains, Georgia.
Peter Yarrow of Peter, Paul and Mary dies at age 86
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.
Exclusive
Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
Meredith Vieira's husband Richard Cohen dies at 76
Former "Today" anchor Meredith Vieira's husband, journalist Richard Cohen, died on Christmas Eve at 76, the talk show's current hosts said Tuesday.
Meta to end fact-checking, replacing it with community monitoring
Meta CEO Mark Zuckerberg cites "cultural tipping point" of election in making major changes to practices.
U.S.
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Peter Yarrow of Peter, Paul and Mary dies at age 86
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.
Louisiana mayor arrested after drug trafficking investigation
Seven people — including Tyrin Truong, mayor of Bogalusa, Louisiana — are facing charges issued in connection with a drug trafficking investigation.
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.
Exclusive
Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
Judge temporarily blocks release of special counsel's Trump report
A federal judge has temporarily blocked the Justice Department from releasing a report prepared by special counsel Jack Smith.
MoneyWatch
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U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.
Exclusive
Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
McDonald's McValue menu is here. Here is what's newly offered..
McDonald's is kicking off 2025 with more ways for customers to save, including meal deals and digital discounts.
Nvidia stocks soar after GeForce RTX 50 series debuts at CES
Chipmaker Nvidia shares surge after founder Jensen Huang unveils next generation of AI for gamers at CES 2025.
Politics
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U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.
Exclusive
Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
Judge temporarily blocks release of special counsel's Trump report
A federal judge has temporarily blocked the Justice Department from releasing a report prepared by special counsel Jack Smith.
Jimmy Carter's body set to be transferred today to Washington, D.C.
Former President Jimmy Carter is being remembered in six days of state funeral events that began Saturday with a service at his boyhood home in Plains, Georgia.
HealthWatch
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Indian officials confirm first cases of HMPV, say "no reason to worry"
Officials in India have confirmed the country's first 7 cases of human metapneumovirus, which is reportedly surging in neighboring China.
First bird flu death in U.S. reported in Louisiana
For the first time, bird flu has claimed a human life in the U.S. Louisiana's health department says the patient was over the age of 65 and reportedly had underlying health problems.
What to know about the HMPV virus reported in China
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.
First U.S. bird flu death reported in Louisiana after severe case of H5N1
The Louisiana patient was hospitalized with a severe case of bird flu in the first death in the U.S. caused by the H5N1 virus.
FDA sets limits on lead in some baby foods
But consumer advocates say the Food and Drug Administration's new guidance on lead limit in baby food doesn't go far enough.
World
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U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Iran executed at least 901 people in 2024, U.N. reports
Human rights groups accuse Iran's leader Ayatollah Ali Khamenei of using capital punishment as a tool following nationwide protests.
Popular actor fired from low-alcohol beer ad after drunken escapade
Ryo Yoshizawa — who one fashion magazine said has "national treasure-class handsomeness" — is one of Japan's most popular actors.
Indian officials confirm first cases of HMPV, say "no reason to worry"
Officials in India have confirmed the country's first 7 cases of human metapneumovirus, which is reportedly surging in neighboring China.
Trump won't rule out military action to take control of Greenland as son visits
Greenland's government says Donald Trump Jr. is visiting in a private capacity, so it won't discuss his presence as his father vows to make it part of the U.S.
Entertainment
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Peter Yarrow of Peter, Paul and Mary dies at age 86
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.
Meredith Vieira's husband Richard Cohen dies at 76
Former "Today" anchor Meredith Vieira's husband, journalist Richard Cohen, died on Christmas Eve at 76, the talk show's current hosts said Tuesday.
NAACP Image Awards nominees
Grammy-nominated artist Chlöe Bailey and NAACP President Derrick Johnson join "CBS Mornings" to announce nominees for the 56th NAACP Image Awards. The awards honor the achievements and performances of people of color across various fields.
Aubrey Plaza issues first statement since husband Jeff Baena's death
The actor Aubrey Plaza has spoken out for the first time since her husband Jeff Baena's death last week. He was 47.
Reading group discussion guide for Oprah's book club pick, "A New Earth"
Dive deeper into Eckhart Tolle's transformative book, "A New Earth: Awakening to Your Life's Purpose," with our comprehensive reader's guide.
Technology
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U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.
Nvidia stocks soar after GeForce RTX 50 series debuts at CES
Chipmaker Nvidia shares surge after founder Jensen Huang unveils next generation of AI for gamers at CES 2025.
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.
Meta to end fact-checking, replacing it with system similar to Musk's X
Meta CEO Mark Zuckerberg cites "cultural tipping point" of election in making major changes to practices.
What to know about car rental app Turo
The car rental app Turo is working to understand how two of its vehicles were used in the deadly New Orleans attack and Cybertruck bombing in Las Vegas. The Tesla Cybertruck that exploded outside of President-elect Donald Trump's Las Vegas hotel and the electric truck used in the New Orleans attack were both rented via Turo. New York Times technology reporter Eli Tan joins CBS News 24/7 to explain how the app and its background check process work.
Science
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Science
Jimmy Carter's environmental legacy
As the U.S. Capitol prepares to honor former President Jimmy Carter, Rolling Stone climate reporter Jeff Goodell looks back on his environmental legacy.
U.K.'s biggest dinosaur footprint site discovered: "So surreal"
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.
What to know about tonight's "black moon"
It may sound spooky, but a black moon is nothing ominous.
Northern lights may be visible in parts of the U.S. New Year's Eve
Solar storms may bring northern lights to several states in the northern U.S. just in time for New Year's Eve, but cloud cover may put a damper on festivities.
New species, including "blob-headed" fish, identified across world in 2024
Hundreds of new species across the globe were identified by scientists in 2024.
Crime
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Louisiana mayor arrested after drug trafficking investigation
Seven people — including Tyrin Truong, mayor of Bogalusa, Louisiana — are facing charges issued in connection with a drug trafficking investigation.
Man pleads not guilty to setting woman on fire on NYC subway
Sebastian Zapeta, the man accused of setting a woman on fire on the NYC subway, pleads not guilty in the death of Debrina Kawam.
Indiana serial killer's victims could be identified amid new push
Investigators estimated at least 25 people were buried at Harold Baumeister's estate, based on evidence that included 10,000 bones and bone fragments.
10 gunmen killed in shootout with police amid cartel turf battles
The early morning shootout happened during a joint patrol by police and the military in Guanajuato.
Biden visits New Orleans after truck attack
President Biden visited New Orleans on Monday and met with the families of the victims of the deadly New Year's Day truck attack. CBS News correspondent Omar Villafranca is on Bourbon Street with the latest on the investigation.
Space
More Space
Webb telescope spots record number of stars in distant galaxy
A phenomenon called gravitational lensing turned a galaxy into a "hall of mirrors of cosmic proportions," allowing for the discovery.
NASA probe beams home update after record-breaking flyby of sun
NASA said scientists began receiving more detailed telemetry — or "housekeeping data" — from the spacecraft on New Year's Day.
When and where to see the Quadrantids, 2025's first meteor shower
The first meteor shower of 2025 is about to peak. Here's how to watch and where you can see the Quadrantids.
Space debris weighing over 1,000 pounds crashes into Kenya village
Officials said they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country's south.
What to know about tonight's "black moon"
It may sound spooky, but a black moon is nothing ominous.
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.
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
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1/7: CBS Mornings Plus
Deadly winter weather leaves thousands without power, remembering Jimmy Carter's public health legacy and chef Alexander Smalls on his new children's book.
Trump says he's changing Gulf of Mexico's name
President-elect Donald Trump said Tuesday that he is planning on changing the Gulf of Mexico's name to the "Gulf of America."
Consumer Electronics Show 2025 underway
The iconic Consumer Electronics Show is now underway in Las Vegas, showcasing some of the latest trends in technology. Bridget Carey, editor-at-large for CNET, joined CBS News to discuss the event.
Meta to end fact-checking
Meta is overhauling its fact-checking programs, ending the current system and adopting a "community notes" style of content moderation, similar to what is used on X. This will apply to posts on Instagram, Threads and Facebook. CBS News MoneyWatch correspondent Kelly O'Grady has more.
11 Yemeni detainees moved from Guantánamo Bay
The Pentagon says the military has just transported 11 Yemeni detainees from Guantánamo Bay back to the Middle East. The mission is part of President Biden's long-time effort to shut the prison down dating back to the Obama administration. CBS News Pentagon reporter Eleanor Watson has more.