3 market-panic signals point to global recession
Plunges in stock, bond and oil markets are all flagging a significant drop in economic activity.
Stock Market
Stock trading reopens after steep drop
Fear about the unknowns of coronavirus and other factors sparked a steep plunge on Wall Street Monday morning, triggering a temporary halt in trading. Axios markets reporter Courtenay Brown joins CBSN to explain what's behind the sell-off.
Dow falls 2,000 points as investors run from coronavirus
Financial markets crater, rattled by the epidemic and a budding oil war between Saudi Arabia and Russia.
Markets brace for coronavirus fallout
Uncertainty over the global response to the coronavirus outbreak saw stocks plummet in Asia and Europe. As the U.S. markets prepare to open, futures paint a gloomy picture. CBS News business analyst Jill Schlesinger joins CBSN with the details.
Oil slips 20% as another coronavirus-fueled trading week to kick off
The dramatic losses follow a 10.1% drop for U.S. crude oil on Friday, which was its biggest loss in more than five years.
U.S. economy reels from coronavirus outbreak
The spreading coronavirus outbreak is costing investors trillions. On Wall Street, it was another wild week. Michael George reports.
Coronavirus stock plunge nears $4 trillion loss
Investors are worried the economic damage from the virus outbreak will be worse than previously thought.
Coronavirus' impact on the U.S. economy
Coronavirus quarantines in China have had a significant impact on the global economy. In Los Angeles, where 40% of all shipped imports enter the country at the U.S.' largest port, traffic is slowing down and affecting job earnings as factory shutdowns are taking a toll on the supply chain. Everything from the automotive industry to the toy industry are taking a hit. Jill Schlesinger joins "CBS This Morning" to explain how U.S. consumers could feel the economic impact of the coronavirus.
3 reasons the coronavirus is dragging down stocks
Here are the biggest factors behind the U.S. market's rockiest patch since the 2008 financial crisis.
Stocks renew slide on concerns of severe coronavirus hit
U.S. financial markets are slumping, with some economists forecasting a major blow to domestic growth.
Fed made biggest rate cut in a decade. That may not be enough for stocks
Experts question if lower interest rates are the right medicine for the disease that's sickening financial markets.
Stock markets rally on Biden's Super Tuesday stomp
Dow soars more than 900 points, as investors cheer Biden's primary wins and U.S. government efforts to stem pandemic.
These stocks could benefit from coronavirus outbreak in U.S.
A handful of companies could play a major role if Americans are suddenly forced to limit contact with each other.
2/28/20: CBSN Evening News
U.S. braces for widespread coronavirus infection; Steve Hartman on what it's like to be a goalie
Wall Street has worst week since 2008
Coronavirus fears caused stocks to fall for the seventh straight day. Traders blamed the lack of consistent message from the Trump administration. Nikki Battiste reports.
Bloodbath on Wall Street as stocks in worst week since 2008
As coronavirus fears mount, investors sold off stocks amid fears that the outbreak could curtail economic growth.
Expert explains markets' coronavirus dip
Panic over a coronavirus outbreak could send the stock market into its worst week since the 2008 financial crisis. The Dow Jones industrial average saw its worst one-day point drop in history on Thursday as it lost an entire year’s worth of gains over the course of a week. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss the likely economic fallout.
Wall Street warning investors of coronavirus crash
The contagion's rapid spread exposes a flaw in U.S. stock prices, and investors are running for cover.
2/27/20: CBSN Evening News
Investors pull funds over coronavirus fears; University of Denver preserves music from slavery
U.S. stock market drops amid coronavirus fears
As Coronavirus cases spread throughout the world, the fear and uncertainty is taking a drastic toll on the financial markets. Meg Oliver reports.
2/27: CBS Evening News
U.S. stock market drops amid coronavirus fears; Group wants to preserve African American "spirituals"
Dow plunges another 1,000 points on coronavirus fears
The blue-chip stock index and S&P 500 both slide into "correction" territory as investors sweat over pandemic risks.
Stocks mostly dip despite Trump downplaying coronavirus fears
Investors have lost more than $2 trillion in recent days as analysts try to gauge the disease's economic impact.
Stocks plunge after CDC warns of coronavirus spread in U.S.
Financial markets have lost more than $2 trillion in recent days amid growing concerns about the disease.
Coronavirus fears affect stock market
Coronavirus fears wiped out all of this year’s gains in the stock market. The Dow lost more than 1,000 points today, and the Nasdaq and S&P 500 also tanked. The number of cases of illness here in the U.S. shot up to 53 over the weekend, as dozens of sick passengers returned from that cruise ship in Japan. Mark Phillips reports.
UATX launches, touting ideological openness and debate
The University of Austin, or UATX, is teaching its inaugural class of 92 college students. The school, with its focus on free speech, has been labeled by some as "anti-woke."
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.
Duckworth says Trump Pentagon pick is "flat-out wrong" about women in combat
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Potential winter storms forecast across U.S. for Thanksgiving week
Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.
Congressional stalemate causing backlog in aid applications after Helene
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
Former Israeli hostages mark 1 year since war's only release deal
The only truce in the ongoing Israel-Hamas war on Nov. 24, 2023 – fewer than two months after fighting began – led to the release of 80 Israelis held by militants in Gaza.
Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
A team of researchers has warned about "pink cocaine" for over a year
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
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.
U.S.
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A team of researchers has warned about "pink cocaine" for over a year
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Full transcript of "Face the Nation with Margaret Brennan," Nov. 24, 2024
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Chuck Woolery, host of "Love Connection" and "Scrabble," dies at 83
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
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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Congress stalemate causing backlog in aid applications after Helene
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
H.R. McMaster says coming months are "really critical" for Ukraine
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Full transcript of "Face the Nation with Margaret Brennan," Nov. 24, 2024
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Duckworth says Trump Pentagon pick is "flat-out wrong" about women in combat
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Transcript: Rep.-elect Sarah McBride on "Face the Nation with Margaret Brennan," Nov. 24, 2024
The following is a transcript of an interview with Rep.-elect Sarah McBride, Democrat of Delaware, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
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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Former Israeli hostages mark 1 year since war's only release deal
The only truce in the ongoing Israel-Hamas war on Nov. 24, 2023 – fewer than two months after fighting began – led to the release of 80 Israelis held by militants in Gaza.
Gunmen in southeast Mexico open fire in a bar killing 6 and injuring 5
The shooting took place in the coastal province of Tabasco, which is struggling with a recent increase in violence.
Israeli strike kills Lebanese soldier as Hezbollah fires 185 rockets at Israel
Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon's military has largely kept to the sidelines.
Gazan chefs cook up hope and humanity for online audience
Ten-year-old Chef Renad (who's gained a following on Instagram) and Hamada Shaqoura (who relies on humanitarian aid and crude cooking arrangements) educate while preparing meals in war-torn Gaza.
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.
Entertainment
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Chuck Woolery, host of "Love Connection" and "Scrabble," dies at 83
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
What makes a martini a martini?
There are very few American inventions more American than the martini – a classic cocktail of gin and vermouth, garnished with lemon. But today, a martini's ingredients may be up for debate.
Mick Fleetwood plays to the future in Maui
Last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed the Fleetwood Mac founder's club, Fleetwood's on Front Street. Today, Mick Fleetwood is determined to rebuild, saying, "There has to be music."
Mick Fleetwood plays to the future in Maui
As a young man, Fleetwood Mac founder Mick Fleetwood dreamed of a place – a club – where he could get his friends together. Twelve years ago, he made it happen in the west Maui city of Lahaina: Fleetwood's on Front Street. But last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed his treasured club. Today, Fleetwood says he's determined to rebuild. Correspondent Tracy Smith reports.
"Sandwiches of History": Resurrecting sandwich recipes that time forgot
Every week on his blog, "Sandwiches of History," Barry Enderwick rescues sandwich recipes from the dustbin of history. He's now collected some of the unlikeliest (and even amazing) historical recipes in a cookbook.
Technology
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Technology
A new generation of shopping cart, with GPS and AI
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
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.
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.
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.
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.
Science
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Science
Dishing up space food
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
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.
Crime
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Crime
Law enforcement raises warning over "pink cocaine"
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
Connecticut couple charged in $1 million Lululemon theft operation
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
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.
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
11/24: The Takeout: Sen. Joe Manchin
Sen. Joe Manchin joins "The Takeout" to discuss his political career and the state of American politics in 2024. Manchin provides insight on his disagreements with Democrats during Biden's presidency, why he left the party and how it can move forward after falling short this past election.
60 Minutes returns to Notre Dame
Next Sunday, 60 Minutes returns to the Cathedral of Notre Dame in Paris, bringing viewers a unique first look at the rebirth of one of the world’s great treasures.
Texas pie shop sees huge lines for Thanksgiving
Houston's Flying Saucer Pie Company has a devoted following, with people camping out overnight and lines up to half a mile long to get dessert for Thanksgiving. Janet Shamlian takes a look at what makes this shop so special.
Law enforcement raises warning over "pink cocaine"
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
Recall affects roughly 240,000 electric vehicles
Some 240,000 electric vehicles are being recalled because of the risk they could lose power while being driven. Some of the affected models include Kia vehicles and the Hyundai Genesis.