Tesla stock falls 5% as quarterly sales drop
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Stock Market
What to know about Trump Media's Nasdaq debut
Trading began Tuesday for the Trump Media & Technology Group, parent to former President Donald Trump's Truth Social media platform. The firm ended the day at nearly $58 per share with a total valuation of $7.9 billion. Amrith Ramkumar, finance reporter for The Wall Street Journal, joins CBS News to assess the stock's debut performance.
Reddit stock surges in first day of trading
Reddit made its stock market debut Thursday, raking in about $519 million by the closing bell. Hope King, senior business reporter at Axios, joins CBS News to discuss what investors might find attractive about the social media company.
Reddit makes stock market debut
Reddit, the popular social media platform, has gone public after almost two decades after its launch. CBS News senior business and technology correspondent Jo Ling Kent has more on what Reddit will have to modify as it seeks to make profits for shareholders.
Why new inflation numbers aren't alarming Fed
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
Stock market soars to record highs
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
Stocks tumble after hot inflation report
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Dow tumbles more than 700 points after hot inflation report
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
Millennial, Gen Z wealth has grown, data shows
A recent New York Federal Reserve analysis shows Americans under 40 are benefiting from the rising stock market. Alicia Adamczyk, a senior writer for Fortune, has been reporting on the surge among younger generations.
One group has seen its wealth surge since 2019: Americans under 40
Younger workers enjoyed the biggest percentage gain in wealth since the pandemic, the New York Federal Reserve found.
Why tech stocks are driving market gains
Several factors, like the boom in artificial intelligence in the past few years, have created higher value for tech companies stocks in the market that are driving market gains. Joe Rennison covers financial markets for The New York Times and joins CBS News with his take on the strength of the "magnificent seven" group of tech stocks.
S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Breaking down stock market's 1st week of 2024
The Dow Jones, NASDAQ and S&P 500 all closed relatively flat on the first Friday of 2024. Javier David, Axios managing editor for business and markets, and Kristin Myers, editor-in-chief and senior vice president of ETF.com, join CBS News to recap the week on Wall Street.
401(k) opportunities from market volatility
If you're looking to grow your 401(k) you may need to keep an eye on it more than usual this year as an unsettled market presents opportunities. Bourree Lam, an author of The Wall Street Journal book "The New Rules of Money," joined CBS News to talk about ways to increase your retirement fund.
Examining the controversial U.S. Steel sale
A $14 billion deal for Japan's Nippon Steel to buy out U.S. Steel is facing stiff opposition. CBS Pittsburgh money and politics editor Jon Delano examines the details of the sale — and why lawmakers oppose it.
Costco sells $100 million in gold bars amid inflation fears
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Dow surges after Fed keeps rates unchanged
The Dow soared more than 500 points on Wednesday, closing over 37,000 for the first time. The surge came after the Federal Reserve said it is keeping interest rates unchanged for the third time in a row. Gregory Daco, chief economist at Ernst and Young, joins CBS News to unpack the Fed's decision.
Dow hits record high as investors cheer Fed outlook on interest rates
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Sports Illustrated publisher fires CEO following AI controversy
The Arena Group has fired a few executives following public backlash over Sports Illustrated's alleged use of AI to create fake content.
Dow jumps 520 points as investors cheer inflation slowdown
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Oil prices surge amid Israel-Hamas war
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
Financial markets respond to Israel-Hamas war
Some reactionary moves are evident in the markets as the war between Israel and Hamas continues. Eric Wallerstein, a markets reporter for The Wall Street Journal, joined CBS News and explained that gold, which he said is "a haven from turmoil," is having its best week since March.
"Surprising" September jobs report
The September jobs report showed that the U.S. economy created 336,000 jobs last month -- a sign that the job market remained strong despite challenges with inflation. Jeanna Smialek, a Federal Reserve and U.S. economy reporter at The New York Times, has more.
GameStop appoints Chewy founder Ryan Cohen as chief executive
The billionaire will not receive compensation for serving as the company's president, CEO and chairman, GameStop said.
A look at Instacart's stock market debut
San Francisco-based grocery delivery company Instacart made its Nasdaq debut on Tuesday, closing at about a 12% gain. Natalie Lung, a technology reporter for Bloomberg, joins CBS News to discuss Instacart's transition to a public company.
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.
Judge postpones Trump's New York "hush money" sentencing
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Fearing deportation, some Haitian migrants are leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
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.
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
U.S.
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Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Ernie Johnson, wife found healing by "unlocking" their late son's key collection
Ernie and Cheryl Johnson had planned to hold onto their late son Michael's quirky key collection forever. But then they met 6-year-old Cooper Kivett.
Fearing deportation, some Haitian migrants leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
MoneyWatch
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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.
Supreme Court takes up FCC fund dispute over subsidies for rural telecom services
The Universal Service Fund was created by Congress in 1996.
Politics
More Politics
Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
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.
HealthWatch
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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.
What to know about the newly identified chemical in U.S. drinking water
Researchers have identified a chemical in certain tap water across the United States as chloronitramide anion. Here's what to know.
Whole Foods organic carrots and celery recalled amid E. coli outbreak
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
World
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Trump meets with NATO head in Florida for talks on global security
In a brief statement, NATO said Trump and its secretary general, Mark Rutte, met on Friday in Palm Beach, Florida.
Philippines vice president threatens to have nation's president killed
Under the Philippine penal code, such public remarks may constitute a crime and can be punishable by a jail term and fine.
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.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
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.
Entertainment
More Entertainment
Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
"Sunday Morning" 2024 "Food Issue" recipe index
Delicious menu suggestions from top chefs, cookbook authors, food writers, restaurateurs, and the editors of Food & Wine magazine.
Ridley Scott on returning for "Gladiator II": "I kept thinking about it"
Ridley Scott returns to ancient Rome with "Gladiator II" nearly 25 years after the Oscar-winning original.
Ridley Scott on his vision for "Gladiator II"
Nearly 25 years after the original "Gladiator" won five Academy Awards, Ridley Scott returns with "Gladiator II," out Nov. 22. Elizabeth Palmer speaks with the director about bringing his epic vision back to life.
Technology
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Technology
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.
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.
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.
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.
DOJ targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
Science
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Science
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.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Crime
More Crime
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.
U.S. accuses former Colombia general of extrajudicial killings
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
4.78 tons of cocaine, $193,000 in cash found in shipping containers
Prosecutors said eight people were detained following searches carried out in Belgium and the Netherlands earlier this month.
84-year-old Texas man accused of killing roommate and her dog
The man was arrested on an unrelated carjacking warrant and admitted to killing his roommate and her pet.
Georgia woman convicted of killing her toddler gets life in prison
Leilani Simon was spared the maximum punishment of life without a chance of parole.
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
NFL, NBA warn players after break-ins
Both the NFL and NBA have issued alerts this week warning players that a recent series of break-ins and robberies at the homes of athletes may not be a coincidence.
The Uplift: Stars, stripes and service
Two men form a friendship over their love of the U.S. A group helps make travel more comfortable for kids with autism. Plus, more heartwarming stories.
Cyberattack risk during the holiday season
The holidays are often called the season of giving, but for cybercriminals, it's the season of hacking. This year, corporate giants have suffered paralyzing cyberattacks, and a new study found that 86% of ransomware attacks hit on a holiday or weekend. Here's what to know about staying safe online.
Israel launches deadly strikes on Beirut
Israel is targeting Hezbollah in a new wave of deadly airstrikes in central Beirut. Lebanese civil defense officials say the attacks have killed at least 11 and wounded more than 60. Meanwhile in Gaza, the United Nations said this week that humanitarian aid delivery was "grinding to a halt" in the territory.
Record Thanksgiving travel rush expected
A potentially record-breaking Thanksgiving travel rush is on, with AAA estimating nearly 80 million Americans to make a trip of more than 50 miles and airlines expecting more than 30 million people to take to the skies between now and the Monday after the holiday. Here's how the country is preparing — and how weather might throw a wrench into plans.