Stocks rise after Fed announces second consecutive 0.75% hike
Strong financial results from Alphabet, Boeing and other corporate bellwethers helped lift investors' mood.
Stock Market
U.S. stocks tumble over fears of another Fed rate hike
Investors and economists are bracing for another possible interest rate hike as the Federal Reserve is set to meet this week. Dion Rabouin, a reporter for the Wall Street Journal, joins CBS News to discuss what another hike could mean for the U.S. economy.
Stocks sink after weak profit report from Walmart
Weak profit reports from some of the biggest names in corporate America are souring the mood of investors.
Stock market rallies amid positive Tesla earnings report
Melissa Armo, founder of the educational firm The Stock Swoosh joined CBS News to discuss the how latest jobs report, and President Biden's positive COVID-19 test, could effect the stock market.
U.S. jobless claim rise in mid-July
The Department of Labor's weekly unemployment report shows there were 251,000 first time applications filed in the week ending July 16. Senior economic analyst and Washington bureau chief at Bankrate.com, Mark Hamrick, joined CBS News' Anne-Marie Green and Vladimir Duthiers with more on what this means for our economy.
Netflix stock rises despite subscriber losses
Netflix's stock rose Wednesday despite reporting that it lost 970,000 subscribers in the second quarter. Dade Hayes, Deadline business editor and co-author of "Binge-Time" joined CBS News to discuss what this could mean for Netflix moving forward.
Stocks sweep higher on Wall Street as profit reports roll in
Investors were cheered by strong earnings reports and an ongoing decline in the price of gasoline, easing inflation fears.
Fear of recession looms as inflation ticks up
U.S. stocks rallied to cap a four-day losing streak on Wall Street as inflation continues to rise across the country. Wall Street Journal markets reporter Akane Ohtani joins "CBS News Mornings" with the latest.
Strong close of week for U.S. stock market
The U.S. stock market ended the week strong despite fears brought on by the latest spiking inflation numbers. John Leer, chief economist for Morning Consult, joined CBS News to discuss what's driving U.S. stocks and what to expect at the upcoming Federal Reserve meeting.
Stocks rally as investors look for "pockets of optimism"
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
U.S. stock market dips as inflation rate rises
Washington Post economics correspondent Rachel Siegel joined CBS News' Tanya Rivero and Elaine Quijano to discuss the latest market updates.
U.S. stocks sink as investors worry Fed hikes might derail growth
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
Stocks rise after Fed admits more rate hikes could weaken economy
Investors are monitoring economic data for clues on inflation trajectory, with eye on Friday release of June employment numbers.
MoneyWatch: Stock market enters third quarter after its worst first half of a year in over 50 years
The stock market closed the second quarter at its worst in over half a century, while the U.S. could begin lifting tariffs on China -- which would have a ripple impact across the economy. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joins "CBS News Mornings" with advice for those looking to invest in the new quarter.
U.S. stocks fall as inflation, energy weigh on growth
Market turmoil continues with experts warning that fear of a recession could be a self-fulfilling prophecy.
Analyzing stocks, inflation, job market
CBS News' Tanya Rivero talks with Hope King, a business reporter for Axios, about the current state of the U.S. economy, what impacted the U.S. stock market on Friday, and the significance of recent consumer and unemployment reports.
Investors suffered their worst first half of a year since 1970
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
Stocks fall as report reveals pullback in consumer spending
Investors are uneasy as signs point to possible recession caused by Fed interest rates hikes.
Consumer confidence declines amid inflation
Yahoo Finance anchor and reporter Akiko Fujita spoke with CBS News' Elaine Quijano and Tanya Rivero about the impacts of inflation on consumer confidence and spending. Fujita also discussed a new ban on Russian imports and how sanctions could affect the U.S. economy.
Stocks fall as inflation fears continue to grip investors
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
MoneyWatch: Market recap for June 27th, 2022
All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
S&P 500 on pace toward worst start in decades
Wall Street Journal reporter Julia-Ambra Verlaine joins "CBS News Mornings" to discuss why economists are optimistic about the second half of the year, despite a slow financial start to 2022.
Dow Jones rallies 800 points Friday
Aaron Weinman, finance correspondent for Business Insider, joined CBS News' Michelle Miller and Tanya Rivero to discuss Friday's stock market rally.
Stocks jump, with Wall Street on track for rare winning week
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
Stocks droop on Fed's commitment to "restore price stability"
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
U.S. exempts smartphones, computers from global Trump tariffs
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
Iran, U.S. nuclear talks to continue next week, Iranian state TV reports
Iranian Foreign Ministry spokesman Esmail Baghaei wrote on X that the "indirect talks" had begun.
Ecuador imposes state of emergency before razor-close election
Ecuador declared a state of emergency Saturday in seven of its 24 provinces, including the capital Quito, saying it was needed to fight a dramatic rise in drug-linked violence.
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
Police identify victims, including teen, in Boca Raton plane crash
Police identified the three people killed in a small plane crash in Boca Raton. One other person was injured.
Sandstorms, high winds prompt Beijing to cancel hundreds of flights
Homes were damaged, cars were crushed and trees fell after windy weather and sandstorms in Beijing on Saturday, prompting flight cancellations.
Trump administration vows release of RFK assassination files within days
The Trump administration could release files on the assassination of Robert F. Kennedy — the U.S. health secretary's father — within days, after decades of public fascination about the killing.
Temple students surprised after human remains, bone fragments discovered on campus
Students were shocked after human remains and bone fragments were discovered at a construction site on campus on Friday.
Pastor abducted at gunpoint while delivering sermon
Pastor Josh Sullivan was holding a prayer meeting with about 30 people, including his wife and six children, when the gunmen entered the church, his colleague said.
U.S.
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Florida universities partnering with ICE on immigration enforcement
Multiple higher education institutions in the state of Florida are partnering with ICE on immigration enforcement, including University of Florida.
Prize money at the Masters golf tournament goes up by $1 million
The winner of the Masters will receive $4.2 million and the signature green jacket.
U.S. intelligence report favors incumbent Ecuadorian president in election
Ahead of the Ecuadorian presidential elections Sunday, CBS News has learned a U.S. intel assessment favors the incumbent president, viewing him as better for U.S. interests.
Trump authorizes military to take control of public land along souther border
President Trump justified the use of the military by saying the United States is "under attack from a variety of threats."
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
MoneyWatch
More MoneyWatch
Prize money at the Masters golf tournament goes up by $1 million
The winner of the Masters will receive $4.2 million and the signature green jacket.
U.S. exempts smartphones, computers from global Trump tariffs
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
Los Angeles-area residents crowdsource wildfire contamination data
Some people whose homes survived the Eaton wildfire in January are struggling to convince their insurers to test their properties for safety.
U.S. consumer sentiment plunges in April as trade war fuels anxiety
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
Jamie Dimon says U.S. economy faces "considerable turbulence"
JPMorgan CEO Jamie Dimon warns that tariffs are likely to boost inflation, while urging the Trump administration to strike trade deals.
Politics
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Trump administration vows release of RFK assassination files within days
The Trump administration could release files on the assassination of Robert F. Kennedy — the U.S. health secretary's father — within days, after decades of public fascination about the killing.
U.S. intelligence report favors incumbent Ecuadorian president in election
Ahead of the Ecuadorian presidential elections Sunday, CBS News has learned a U.S. intel assessment favors the incumbent president, viewing him as better for U.S. interests.
Trump authorizes military to take control of public land along souther border
President Trump justified the use of the military by saying the United States is "under attack from a variety of threats."
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
HealthWatch
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After amputation, losing more of her leg was the only way to help her walk
Dr. Omri Ayalon helped Tracey White recover her ability to walk. Then he joined her for a milestone moment.
FDA to replace laid-off employees with contractors, sources say
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
Woman believed to be the only person with unnamed genetic disorder
Enriquez lives with chronic kidney disease, neurofibromatosis, which causes tumors to form, scoliosis and Raynaud's phenomenon, causing temporary spasms of blood vessels. On top of all that, she has an unnamed genetic disorder,
Former top FDA official warns RFK Jr. against giving "false hope" on autism
"You can be incredibly supportive of people, but giving them false hope is wrong," said Dr. Peter Marks.
Weekly measles cases top 90 in U.S. for first time in years
Arkansas, Hawaii and Indiana have joined a list of two dozen states with confirmed measles cases.
World
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Ecuador imposes state of emergency before razor-close election
Ecuador declared a state of emergency Saturday in seven of its 24 provinces, including the capital Quito, saying it was needed to fight a dramatic rise in drug-linked violence.
Iran, U.S. nuclear talks to continue next week, Iranian state TV reports
Iranian Foreign Ministry spokesman Esmail Baghaei wrote on X that the "indirect talks" had begun.
Sandstorms, high winds prompt Beijing to cancel hundreds of flights
Homes were damaged, cars were crushed and trees fell after windy weather and sandstorms in Beijing on Saturday, prompting flight cancellations.
Penguin in cardboard box led to South Africa helicopter crash, report says
The pilot and three passengers aboard the helicopter, as well as the penguin, were uninjured, according to an incident report.
U.S. fugitive allegedly kills Mexican officer who led "Gringo Hunters" unit
Authorities said the police unit was trying to arrest a suspect in Tijuana when the man opened fire, hitting and killing 33-year-old Abigail Esparza Reyes.
Entertainment
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Entertainment
Tetris' global success
Tetris is one of the best-known video games of all time — but that wasn't always the case. Video game publisher Henk Rogers recounts the game's journey to success and his own personal experiences with it in his new book "The Perfect Game."
Author Jennifer Weiner talks new novel
Jennifer Weiner has penned 22 books, and her latest, "The Griffin Sisters' Greatest Hits," tells the story of a former pop duo trying to find their way back to each other. Weiner's novels are known for complex, strong, relatable protagonists, and her characters leap off the page. She sat down with Dana Jacobson to talk about her career and newest book.
Dawes performs "Still Strangers Sometimes"
Just six weeks after Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They returned to touring life this week, starting with their emotional return visit to Saturday Sessions. From "Oh Brother," here is Dawes with "Still Strangers Sometimes."
Dawes performs "Time Spent in Los Angeles"
Just six weeks after Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They returned to touring life this week, starting with their emotional return visit to Saturday Sessions. From their 2011 album "Nothing Is Wrong," here is Dawes with a new version of their song "Time Spent in Los Angeles."
Dawes performs "Front Row Seat"
Just six weeks after Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They returned to touring life this week, starting with their emotional return visit to Saturday Sessions. From "Oh Brother," here is Dawes with "Front Row Seat."
Technology
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Technology
iPhones likely to cost more amid tariffs
President Trump's tariffs on China could make Apple iPhones more expensive. China announced Friday it's raising tariffs on U.S. goods to 125% after Mr. Trump increased reciprocal tariffs on some Chinese products to 145%. Yahoo Finance senior tech reporter Yasmin Khorram reports.
Apple airlifts iPhones out of India to avoid Trump tariffs, report says
Apple's move to avoid China tariffs had been in the works for months, according to report citing Indian government officials.
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 whistleblower: Facebook worked with Chinese government to censor posts
Meta whistleblower Sarah Wynn-Williams testified Wednesday afternoon before the Senate Judiciary Subcommittee on Crime and Counterterrorism.
How AI is trained not to spread abuse
New documents obtained by Business Insider show how companies are testing artificial intelligence models to prevent the spread of extreme information about abusive topics. Effie Webb, a tech news fellow at Business Insider, joins CBS News with more.
Science
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Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Ancient jawbone found in sea linked to mysterious human ancestors
Relatively little is known about Denisovans, an extinct group of human cousins that interacted with Neanderthals and Homo sapiens.
Scientists map part of a mouse's brain that's so complex it looks like a galaxy
Thanks to a mouse watching clips from "The Matrix," scientists have created the largest functional map of a brain to date.
Ancient altar found in jungle apparently used for child sacrifices
The discovery shows the cultural interaction between the Maya of Tikal and Teotihuacan's elite between 300 and 500 A.D., archaeologists said.
Crime
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Maryland law school reflects on Freddie Gray's death, looks at what work still needs to be done
It's almost been ten years since Freddie Gray died, and an event in downtown Baltimore Friday aimed to not only remember him but also remember what needs to be done when it comes to ensuring fair policing.
Convicted killer mistakenly released from jail is caught 2 weeks later
Kathan Guzman was mistakenly released from a jail in Clayton County, Georgia, officials said. He was arrested in Florida.
Monica Sementilli found guilty of murder in plot to kill prominent LA hairdresser
The 10-man, two-woman jury began deliberations in Monica Sementilli's trial on Wednesday, and by Friday morning, the guilty verdict was announced.
Menendez brothers resentencing hearing
The Menendez brothers are awaiting a court hearing in California that could determine their chance at resentencing. This comes as the new Los Angeles county district attorney appears to signal he opposes a change in their conviction. CBS News' Carter Evans reports.
U.S. fugitive allegedly kills Mexican officer who led "Gringo Hunters" unit
Authorities said the police unit was trying to arrest a suspect in Tijuana when the man opened fire, hitting and killing 33-year-old Abigail Esparza Reyes.
Space
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Space
Gayle King prepares for Blue Origin launch
Blue Origin's latest flight will become the first mission to have an all-female crew in space in just two days. Aboard the ship will be "CBS Mornings" host Gayle King. Co-host Vlad Duthiers opened up about how King is feeling ahead of the launch.
Gayle King prepares for Blue Origin space flight
CBS Mornings host Gayle King is preparing to blast off into space Monday on board a historic all-female Blue Origin space flight. CBS News senior national correspondent Mark Strassman reports.
Space tourism is establishing a new frontier in travel
Private companies have launched nearly 120 civilians to the edge of space.
Gayle King hopes to inspire others with historic flight to space
"CBS Mornings" co-host Gayle King spoke about the opportunity to travel to space, the support she's received and the message she hopes to send to others.
Meet the Blue Origin crew Gayle King is joining on trip to space
Here's a look at the women expected to join Blue Origin's upcoming mission, which has a target launch date of Monday, April 14, and what they have to say about the epic journey.
Latest Galleries
More Latest Galleries
"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Tetris' global success
Tetris is one of the best-known video games of all time — but that wasn't always the case. Video game publisher Henk Rogers recounts the game's journey to success and his own personal experiences with it in his new book "The Perfect Game."
Author Jennifer Weiner talks new novel
Jennifer Weiner has penned 22 books, and her latest, "The Griffin Sisters' Greatest Hits," tells the story of a former pop duo trying to find their way back to each other. Weiner's novels are known for complex, strong, relatable protagonists, and her characters leap off the page. She sat down with Dana Jacobson to talk about her career and newest book.
Dawes performs "Still Strangers Sometimes"
Just six weeks after Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They returned to touring life this week, starting with their emotional return visit to Saturday Sessions. From "Oh Brother," here is Dawes with "Still Strangers Sometimes."
Dawes performs "Time Spent in Los Angeles"
Just six weeks after Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They returned to touring life this week, starting with their emotional return visit to Saturday Sessions. From their 2011 album "Nothing Is Wrong," here is Dawes with a new version of their song "Time Spent in Los Angeles."
Dawes performs "Front Row Seat"
Just six weeks after Dawes released their new studio album "Oh Brother," brothers Taylor and Griffin Goldsmith lost their homes in the Los Angeles wildfires. They balanced high-profile TV appearances with picking up the pieces, even appearing to open the Grammy Awards. They returned to touring life this week, starting with their emotional return visit to Saturday Sessions. From "Oh Brother," here is Dawes with "Front Row Seat."