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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.
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.
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.
Investors are concerned that tightening monetary policy could tip the U.S. economy into recession.
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.
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.
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.
Investors cheered after Federal chair Jerome Powell says central bank is "not actively considering" bigger rate hikes.
S&P 500 has closed higher in May in eight of the past nine years, according to one Wall Street analyst.
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 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.
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.
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.
The market is "getting a little more comfortable with a slowdown at best and recessionary fears at worst," said one analyst.
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.
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.
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.
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.
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.
Sarah Henry, managing director and portfolio manager at Logan Capital Management, joins CBS News at the closing bell on the New York Stock Exchange to break down what's driving the market, and how inflation is impacting consumers.
April 18 is the deadline for most Americans to file their tax returns. Rebecca Walser, president of Walser Wealth Management, shares tips for navigating filing this year, including advice for those who received a child tax credit or dabbled in the stock market.
In TechWatch, there is a new twist in the Elon Musk-Twitter saga. The company's largest stakeholder is now facing a lawsuit accusing the billionaire of market manipulation. The suit alleges that the world's richest man illegally delayed disclosing his stake in the company in order to purchase more shares at a lower price. CBS News technology reporter Dan Patterson has more.
In MoneyWatch, the stock market fell following the release of the Labor Department's March Consumer Price Index. Consumer prices rose 1.2% last month, up 8.5% from the same time last year. Matt Stucky, a senior portfolio manager at Northwestern Mutual Wealth Management, joins CBS News with more on the impact.
The U.S. added 431,000 jobs in March as the unemployment rate dropped to 3.6%. Friday's jobs report also showed wages grew 5.6% in the past year. Sarah House, a senior economist at Wells Fargo, joined CBS News after the closing bell on Wall Street to discuss what this signals for the future of the U.S. economy.
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
One source said the firings come after Laura Loomer presented President Trump with opposition research on NSC staffers she views as neoconservatives or not sufficiently loyal to him.
A federal judge said he's likely to begin contempt proceedings against government for failing to answer questions about deportation flights under the Alien Enemies Act.
Health and Human Services Secretary Robert F. Kennedy Jr. said the CDC's lead poisoning program will be reinstated.
Brown said it was unaware of "these rumors."
On Air Force One on Thursday, President Trump said Elon Musk can stay "as long as he'd like," but he added there will be a point when "Elon's gotta have to leave."
The Pentagon inspector general's office said it would evaluate Hegseth's use of Signal to discuss strikes against the Houthis.
A judge in Rhode Island on Thursday blocked $11 billion in public health funding while a lawsuit from 23 states and D.C. plays out.
Tornadoes and violent winds flattened homes and ripped apart buildings from Oklahoma to Indiana.
Health and Human Services Secretary Robert F. Kennedy Jr. said the CDC's lead poisoning program will be reinstated.
Brown said it was unaware of "these rumors."
A judge in Rhode Island on Thursday blocked $11 billion in public health funding while a lawsuit from 23 states and D.C. plays out.
A federal judge said he's likely to begin contempt proceedings against government for failing to answer questions about deportation flights under the Alien Enemies Act.
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Thousands of probationary employees were rehired by federal agencies after lawsuits challenging the legality of their terminations. But many of them still aren't working.
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
Jeep-maker Stellantis is idling production at plants in Canada and Mexico and will temporarily lay off 900 workers in the Midwest.
The Trump administration hit the remote Australian territory Heard Island and McDonald Islands with a 10% tariff, but no humans inhabit the islands.
Health and Human Services Secretary Robert F. Kennedy Jr. said the CDC's lead poisoning program will be reinstated.
Brown said it was unaware of "these rumors."
A judge in Rhode Island on Thursday blocked $11 billion in public health funding while a lawsuit from 23 states and D.C. plays out.
A federal judge said he's likely to begin contempt proceedings against government for failing to answer questions about deportation flights under the Alien Enemies Act.
The Senate confirmed Dr. Mehmet Oz is a party line 53-45 vote to lead the Centers for Medicare and Medicaid Services.
Health and Human Services Secretary Robert F. Kennedy Jr. said the CDC's lead poisoning program will be reinstated.
A judge in Rhode Island on Thursday blocked $11 billion in public health funding while a lawsuit from 23 states and D.C. plays out.
CDC officials are warning of delays and disruptions due to cuts to laboratory staff.
Hailey Okula, a 33-year-old known online as "Nurse Hailey," died after giving birth to her first child, a son named Crew. She had dealt with infertility for almost two years.
From halting diversity programs that benefit disabled workers to federal staffing cuts, the Trump administration has taken a slew of actions that harm people with disabilities.
The Trump administration hit the remote Australian territory Heard Island and McDonald Islands with a 10% tariff, but no humans inhabit the islands.
Malaysia says the latest hunt for missing flight MH370 has been suspended after less than 6 weeks, as "it's not the season" to scour the Indian Ocean.
The couple may have been married, and the woman appears to have been a priestess, researchers said.
Myanmar's military rulers have kept journalists out since the devastating earthquake, so CBS News' partners at the BBC went undercover to reveal the scale of the disaster.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Bruce Springsteen announced "Tracks II: The Lost Albums" will feature seven full-length albums that were never released from 1983-2018.
Deborah Norville, the longest-serving female anchor in American TV history, says this will be her final season at "Inside Edition." She joins "CBS Mornings" to talk about what's next after three decades on the show.
Fresh off his first No. 1 hit and ACM nomination, Tucker Wetmore talks to "CBS Mornings Plus" about his journey to a billion streams and what fans can expect from "What Not To."
The next generation of Nintendo gaming is here. Tech expert Bridget Carey joins us to break down what to know about the Switch 2 ahead of its June 5 release and why it's already a must-have for Millennials and Gen Z.
Nintendo has unveiled its next console, the Switch 2. Washington Post reporter Gene Park joins "The Daily Report" to discuss the new user experience, the price and possible security concerns.
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.
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.
CBS News Confirmed looks at why users are flocking to RedNote, the new Chinese app raising red flags over data privacy and propaganda, as TikTok faces a potential U.S. ban.
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
Experts at the Vienna Museum provided a public presentation of the mass grave this week, which had the bodies of more than 100 people.
Originally scheduled for just 8 days aboard the International Space Station, the two astronauts spent over 9 months in orbit due to delays with their Boeing Starliner return. Now back on Earth, they share how they coped, what they missed most, and how the mission unexpectedly became political.
Authorities in Iceland were forced by a new volcanic eruption to evacuate dozens of homes and shut down the hugely popular Blue Lagoon tourist attraction.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
Charles Ray Blevins, 38, allegedly shot and killed a man while on parole in 2019.
Each death penalty case is authorized by the DOJ headquarters in Washington, D.C., in consultation with local U.S. Attorney offices, who prosecute the cases.
Nicholas Roske was found outside Supreme Court Justice Brett Kavanaugh's home with a gun and a knife in 2022.
New York City Mayor Eric Adams touted a judge's decision to dismiss his federal corruption case with prejudice. Adams faced several counts of bribery, conspiracy and campaign finance violations. CBS News' Shanelle Kaul has more.
José Adolfo Macías Villamar — known as "Fito" — has led Los Choneros and its "network of assassins and drug and weapon traffickers" since at least 2020, federal prosecutors said.
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Aisha Bowe, a former NASA rocket scientist and tech founder, will become the first person of Bahamian heritage to travel to space. She joins Gayle King and an all-female Blue Origin crew launching April 14 and joins "CBS Mornings' to talk about how she is preparing.
The 2024 YR4 asteroid has a near-zero chance of striking Earth, but a slim chance of hitting the moon, new research says.
The first images captured by NASA's SPHEREx space telescope showed tens of thousands of stars and galaxies.
Butch Wilmore and Suni Williams are sharing more details about their experience in space aboard the International Space Station after their time in Boeing's Starliner capsule. CBS News' Mark Strassmann spoke to the pair about their journey.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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 seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
A Louisville woman is being honored for helping to open the first hospital in over 150 years in the city's majority-Black West End neighborhood. James Brown reports.
Severe weather is being blamed for at least seven deaths Wednesday night in the South and Midwest. Rob Marciano has a look at the forecast and Omar Villafranca reports on the damage in Arkansas.
President Trump is expressing optimism as multiple American companies, including Amazon, put in bids to potentially acquire TikTok from Chinese company ByteDance. Jo Ling Kent has the latest.
A federal judge in Boston did not make a decision Thursday on whether a Tufts University Ph.D. student, taken into custody by Immigration and Customs Enforcement agents, can challenge her detainment. CBS News immigration and politics reporter Camilo Montoya-Galvez reports on the case and Sidra Mahfooz, staff attorney for the ACLU Immigrants' Rights Project and is part of Rumeysa Ozturk's legal team, joins "The Daily Report" to discuss what comes next.
Members of Kentucky's whiskey industry are moving with concern as they navigate President Trump's new tariffs. Janet Shamlian has more.