Investors close to reaping best annual returns in decades
Amazon, Apple and other consumer technology companies extend gains into 13th day for Nasdaq composite.
Stock Market
Nasdaq 9000: Stocks hit highs on consumer tech boom
Record consumer spending for holidays and hopes for a China trade deal push the tech stock index to a record close.
Wall Street hopes "Santa Claus rally" extends year's gains
Stocks tend to do well this time of the year, but some question whether 2019's near 30% gains can continue in 2020.
Stocks hit record high as U.S. and China near a trade deal
Investors cheered by reports that the world's two biggest economies are ready to sign a "phase one" agreement.
Stocks sink after Trump signals delay for China trade deal
Dow plunges 400 points after the president suggested the trade war could last until after 2020 election
World's largest hedge fund reportedly bets on a market drop
A $150B fund headed by Ray Dalio, one of Wall Street's top China experts, is said to put money on a U.S. stock drop by March
China trade war worries are back on Wall Street
Concerns that U.S. won't reach a trade deal with the world's second-largest economy has turned investors cautious
Stocks reach new highs
Investors are hopeful for another interest-rate cut and a potential U.S.-China trade deal
S&P 500 reaches all-time high as investor fears recede
Financial markets are buoyed by expectations of an interest rate cut this week and hopes for a U.S.-China trade deal
Stocks surge as investors pin hopes on U.S.-China truce
President Trump's meeting on Friday with Chinese Vice Premier Liu stirs hope for a "mini-deal"
Tariff and impeachment news hit stock market
Uncertainty in Washington and new tariffs against Europe are more bad news for the Dow, which whipsawed Thursday
Dow slides more than 500 points as economic concerns flare
Signs that the U.S. economy is slowing down and ongoing trade tensions are making investors nervous
Stock market opens after jobs report
The U.S. employment report for August showed employers added 130,000 jobs. Yahoo Finance reporter Scott Gamm joined CBSN to talk about its impact on the stock market.
Stocks drop on new signs of trouble in manufacturing
A measure of manufacturing activity last month fell to a 3-year low — and this was before tariffs went into effect
Stocks jump after Trump says China wants a trade deal
President Trump's remarks are easing investor concerns following last week's escalation in trade tensions
Stocks crumble as U.S.-China trade war heats up
Investors on edge as China hikes tariffs on U.S. goods and President Trump vows to hit back
Markets fall as China announces tariffs
The Dow lost more than 1% after China announced a round of retaliatory tariffs on $75 billion of U.S. products.
Trump downplays economic slowdown fears
The White House is pushing back against recession fears after some stock market turmoil last week. President Trump told reporters Sunday that America's economy is the best in the world, despite serious warning signs of a possible recession on the horizon. CBS News national correspondent Chip Reid joins CBSN's Anne-Marie Green with the latest from Washington.
Trump & advisers try to defuse recession fears
President Trump and his advisers are pushing back against the idea that a recession could be coming, and they're also watching China's response to protesters in Hong Kong. Chip Reid reports.
In return to Washington, Trump pushes back on risks of a U.S. recession
Mr. Trump said the economy is "doing very well" and dismissed concerns of recession, offering an optimistic outlook after the stock market's roller coaster week
Stocks end roller coaster week on a higher note
Financial markets closed up after swinging sharply this week on fears of a recession and a global slowdown
Carlyle Group's David Rubenstein: "We're due for a recession"
"Whenever we've had an inverted yield curve, we've had a recession – every time since 1955," he said
Stocks whipsaw amid recession fears, China's threat
Financial markets stabilize after Wednesday's 800 point plunge amid recession signals and China's threats on trade war
Dow down 800 points after bond markets flash recession warning
Major stock indexes tumble around 3% after yields on Treasury bonds inverted — a signal the U.S. economy is slowing
Stocks drop over recession concerns
U.S. stocks fell sharply after worrying signs from the bond market and global economies. Melissa Armo, founder of The Stock Swoosh, joins CBSN with more.
live updates
Fires in L.A. area leave at least 10 dead, apocalyptic scenes
The Palisades, Eaton, Hurst, Lidia and Kenneth fires are burning in Southern California, forcing tens of thousands of people to evacuate. Here are the latest updates.
live updates
Listen Live: Supreme Court hears arguments over TikTok ban
The Supreme Court is hearing arguments over a law that could lead to TikTok shutting down in the U.S. in less than two weeks.
Trump sentenced in "hush money" case, released with no restrictions
Trump was found guilty in May of 34 felonies in authorizing a scheme in 2017 to falsify records in order to cover up reimbursements for a "hush money" payment.
Fire victims include man found holding hose and 82-year-old in bed
Five of at least 10 people killed by the Los Angeles area blazes died in the Eaton Fire.
Employers added 256,000 jobs in December, blowing away forecasts
Friday's jobs numbers mark the last employment report of the Biden administration.
Listen to Trump's sentencing in New York "hush money" case here
President-elect Donald Trump received a sentence of unconditional discharge in a New York court for his conviction in the "hush money" case.
Appeals court won't block partial release of special counsel's Trump report
Special counsel Jack Smith submitted his final report on his investigations into President-elect Donald Trump to Attorney General Merrick Garland on Tuesday.
TV bailiff accused of murder sobs, "I live with it every day"
Renard Spivey was found not guilty of his wife's murder, but he says he still can't sleep at night.
Founder of adult website linked to mass rape trial faces charges
The website enabled Dominique Pelicot to recruit dozens of strangers to rape his heavily sedated wife for years, authorities say.
U.S.
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Tesla recalls more than 239,000 vehicles over rearview camera problem
A faulty rearview camera in some Teslas fails to properly display images, increasing the risk of a crash, traffic regulators say.
Maps show how dry the Southern California is, as L.A. wildfires burn
Dry vegetation helped fuel fires that spread through the Los Angeles area in early January 2025.
Listen to Trump's sentencing in New York "hush money" case here
President-elect Donald Trump received a sentence of unconditional discharge in a New York court for his conviction in the "hush money" case.
Fire victims include man found holding hose and 82-year-old in bed
Five of at least 10 people killed by the Los Angeles area blazes died in the Eaton Fire.
What is Meta's new Community Notes program, and how will it work?
Meta shocked the tech world this week by moving to overhaul its approach to fact checking. Here's what the changes mean for social media users.
MoneyWatch
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Tesla recalls more than 239,000 vehicles over rearview camera problem
A faulty rearview camera in some Teslas fails to properly display images, increasing the risk of a crash, traffic regulators say.
What is Meta's new Community Notes program, and how will it work?
Meta shocked the tech world this week by moving to overhaul its approach to fact checking. Here's what the changes mean for social media users.
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Many Americans are leaving U.S. states with abortion bans, study finds
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.
Prison inmates among those fighting the Los Angeles wildfires
Hundreds of incarcerated firefighters are working to extinguish the massive blaze scorching Los Angeles.
Politics
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Listen to Trump's sentencing in New York "hush money" case here
President-elect Donald Trump received a sentence of unconditional discharge in a New York court for his conviction in the "hush money" case.
Man who fled U.S. to avoid prison for Capitol riot captured in Canada
Anthony Vo told The Toronto Sun that he was "pretty much 99% sure" that Trump will pardon him once he takes office on Jan. 20.
live updates
Listen Live: Supreme Court hears arguments over TikTok ban
The Supreme Court is hearing arguments over a law that could lead to TikTok shutting down in the U.S. in less than two weeks.
Rudy Giuliani back in D.C. federal court for contempt hearing in defamation case
Two Georgia election workers asked a federal judge to hold Rudy Giuliani in contempt for allegedly continuing to defame them in violation of a court order.
Trump sentenced in felony "hush money" case, released with no restrictions
Trump was found guilty in May of 34 felonies in authorizing a scheme in 2017 to falsify records in order to cover up reimbursements for a "hush money" payment.
HealthWatch
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Many Americans are leaving U.S. states with abortion bans, study finds
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.
Slipped up during Dry January? Expert tips for getting back on track
In Dry January, people choose to give up alcohol for the month, but what happens if they have a drink? Here's what an expert says.
Over 17,000 doctors urge Senate to reject RFK Jr. as health secretary
Thousands of doctors are calling on the Senate to reject Trump's nomination of Robert F. Kennedy Jr., saying he is "actively dangerous."
Most of the world's 35,000 online pharmacies are run illegally, U.S. warns
Ninety-six percent of online pharmacies were found to violate the law, meaning they were operating without a license and selling medications without prescriptions.
How Olivia Munn's cancer journey sparked life-saving test for Alison Hall
"Inside Edition" correspondent Alison Hall opens up about her breast cancer battle and how Olivia Munn's own experience with early detection inspired her to take a life-saving risk assessment test.
World
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Nigerian authorities round up street children seen as "security threat"
Sharia police in Nigeria's Kano state say they've "mopped up 300 of these boys from the streets" and put them in a camp for "rehabilitation."
Maduro sworn in for 3rd term despite outcry over Venezuela's election
President-elect Donald Trump says Venezuela's embattled opposition leader must be protected as President Nicolas Maduro takes the oath of office for a third six-year term.
Mercury's north pole seen in stunning new photos after spacecraft flyby
The BepiColombo spacecraft swooped as close as 183 miles above Mercury's night side before passing directly over the planet's north pole.
Founder of adult website linked to mass rape trial faces charges
The website enabled Dominique Pelicot to recruit dozens of strangers to rape his heavily sedated wife for years, authorities say.
Woman reportedly wounds 8 in hammer attack at university in Tokyo
Japanese media say a sociology student attacked her classmates with a hammer during class after voicing frustration at being ignored.
Entertainment
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Book excerpt: "Brooke Shields is Not Allowed to Get Old"
The actress and New York Times bestselling memoirist returns with a new book about the empowerment that comes from calling out society's callous and short-sighted expectations of women as they age.
Marianne Jean-Baptiste on "Hard Truths"
Award-winning actress Marianne Jean-Baptiste, known for roles in "How to Get Away with Murder" and "Without a Trace," is receiving serious Oscar buzz for her performance in "Hard Truths." Reuniting with director Mike Leigh, Jean-Baptiste portrays Pansy Deacon, a character struggling with anger and family turmoil in one of 2024's best films.
Peter Sarsgaard on "September Five"
Actor Peter Sarsgaard, known for roles in "Presumed Innocent" and "Dead Man Walking," now stars in "September Five," recounting the harrowing story of an American broadcasting team during the 1972 Munich Olympics. Sarsgaard portrays ABC executive Roone Arledge as the team covers the Israeli Olympic team hostage crisis live.
"This Is Us" star Milo Ventimiglia loses home to Los Angeles fires
Ventimiglia, a 47-year-old father to be, is among the celebrities affected by the destructive blazes that broke out Tuesday morning.
Alec Baldwin files lawsuit over manslaughter charge in fatal "Rust" shooting
The lawsuit was filed in Santa Fe, where a judge in July dismissed a charge of involuntary manslaughter against Alec Baldwin in the death of cinematographer Halyna Hutchins.
Technology
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What is Meta's new Community Notes program, and how will it work?
Meta shocked the tech world this week by moving to overhaul its approach to fact checking. Here's what the changes mean for social media users.
The TikTok ban heads to the Supreme Court today. Here's what to know.
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on TikTok in the U.S.
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.
TikTok could shut down unless Supreme Court blocks or delays U.S. ban
Court to hear arguments Friday on law forcing TikTok sale by Chinese parent company that takes effect in Jan. 19.
Fact-checkers to Mark Zuckerberg: We never censored anything
Fact-checking firms that teamed with Meta are refuting CEO Mark Zuckerberg's suggestion linking their work to censorship.
Science
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Science
Jimmy Carter's fight against climate change
The wildfires in California are the latest in a string of natural disasters made worse by climate change. Former President Jimmy Carter was one of the first U.S. officials to draw attention to man-made issues impacting the environment. Gus Speth, a member and chair of the Council on Environmental Quality during Carter's presidency, joins "The Daily Report."
What is Biden's legacy on climate change?
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of President-elect Donald Trump's to-do list. CBS News environmental correspondent David Schecter joins "America Decides" to look at the outgoing president's record on the issue.
Biden offers aid to California to fight fires
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday afternoon to help California boost the ranks of those battling the blazes. CBS News correspondent Elise Preston has more from Malibu.
Scientists: "Toxic" semen could kill female mosquitoes, curb disease spread
Female mosquitoes are targeted because only they bite and drink blood, thereby spreading diseases such as malaria and dengue fever.
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.
Crime
More Crime
TV bailiff accused of murder sobs, "I live with it every day"
Renard Spivey was found not guilty of his wife's murder, but he says he still can't sleep at night.
Suspect captured week after Wisconsin woman, 2 girls found dead
Elizabeth Kolba, 33, and two girls ages 12 and 13 were found shot to death at a home in New Lisbon on Dec. 30.
Founder of adult website linked to mass rape trial faces charges
The website enabled Dominique Pelicot to recruit dozens of strangers to rape his heavily sedated wife for years, authorities say.
Woman reportedly wounds 8 in hammer attack at university in Tokyo
Japanese media say a sociology student attacked her classmates with a hammer during class after voicing frustration at being ignored.
Military doctor pleads guilty to sexually abusing dozens of soldiers
Maj. Michael Stockin faced 52 charges involving claims of abusive sexual contact with 41 victims, the Army said.
Space
More Space
Mercury's north pole seen in stunning new photos after spacecraft flyby
The BepiColombo spacecraft swooped as close as 183 miles above Mercury's night side before passing directly over the planet's north pole.
NASA studies options to rein in cost of Mars Sample Return mission
NASA hopes a revised plan will get Mars samples back to Earth faster and cost less than the agency's original plan.
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.
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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Latest CBS News Videos
How Trump reacted to his sentencing
President-elect Donald Trump reacted on social media after virtually attending his sentencing in the "hush money" case in New York. CBS News' Aaron Navarro reports.
Former TV bailiff's real-life courtroom drama
Former TV bailiff Renard Spivey found himself in a real-life courtroom drama when he was accused of killing his wife in 2019. He speaks out for the first time about the fight to prove his innocence in an interview with "48 Hours" contributor Natalie Morales.
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.
How the Ravens' winning culture is stitched together
As the NFL playoffs begin, Jan Crawford goes to Baltimore, where a former Broadway designer is helping the Ravens build on their string of success, contributing to the team's winning culture as they head into the wildcard weekend.
Audio from inside Trump's sentencing
President-elect Donald Trump has been sentenced to unconditional discharge for his New York "hush money" trial conviction. Listen to audio from the sentencing along with analysis from CBS News legal contributor Jessica Levinson.