Latest MoneyWatch headlines
Donald Trump "got out" of stock market; Rio Olympics ticket sales off to slow start; gun sales rose another 19% last quarter. These headlines and more from CBS MoneyWatch.
Stock Market
U.S. retail sales explode in March, up nearly 10%
Retail sales in March jumped nearly double what economists predicted. It sent stock markets soaring.
Stock markets plunged worldwide. However, Tesla's stock hasn't been impacted, with shares up nearly 3 percent
Stock markets plunged worldwide. However, Tesla's stock hasn't been impacted, with shares up nearly 3 percent. CBS News MoneyWatch's Jill Wagner joins CBSN from the New York Stock Exchange with today's business headlines.
Jacob Frenkel, chairman of JPMorgan Chase International, told CBS News in Davos, Switzerland, that recent stock market free falls around the world are "an exaggeration of the impact of the slowdown in China."
Jacob Frenkel, chairman of JPMorgan Chase International, told CBS News in Davos, Switzerland, that recent stock market free falls around the world are "an exaggeration of the impact of the slowdown in China." Here's why stocks markets and what he calls the "real economy" are two different things.
The stock market is off to its worst-ever start to a new year, in large part because of collapsing oil prices
The Dow closed the week down nearly 400 points Friday, and the S&P 500 Index lost 41 points. The Nasdaq was also off 126 points, or more than 2.5 percent. Quartz markets and finance editor Matt Phillips joins “CBS This Morning: Saturday” to discuss how long he thinks the market slide will continue.
In addition to China's selloff, low oil prices are believed to have fueled today's bloodbath on Wall Street, where the Dow Jones fell nearly 500 points
In addition to China's selloff, low oil prices are believed to have fueled today's bloodbath on Wall Street, where the Dow Jones fell nearly 500 points. Belpointe chief strategist David Nelson joins CBSN with more.
It's a brutal trading day on Wall Street after the Dow dropped nearly 500 points, fueled by falling oil prices
It's a brutal trading day on Wall Street after the Dow dropped nearly 500 points, fueled by falling oil prices. CBS News correspondent Marlie Hall was on the floor of the New York Stock Exchange and joined CBSN with more details, as well as insight from a trader.
The U.S. economy created 292,000 new jobs in December, to close out 2015 with a total of 2.6 million new jobs
The U.S. economy created 292,000 new jobs in December, to close out 2015 with a total of 2.6 million new jobs. Anthony Mason discusses the good news, but also reports how recent stock market drops in China and the U.S. hardly make for a celebratory mood.
It was the worst start to a year since the Great Recession of 2008
Wall Street futures predict more losses after a sell-off to start the new year. The Dow Jones Industrial fell as much as 467 points on Monday, and the index ended with a loss of 276 points. It was the worst start to a year since the Great Recession of 2008. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss the implications for 2016.
When the opening bell signals the start of trading for 2016, the market will be coming off a two-percent drop for the Dow, the biggest since 2008
When the opening bell signals the start of trading for 2016, the market will be coming off a two-percent drop for the Dow, the biggest since 2008. CBS News business analyst Jill Schlesinger has a look at what to expect from the financial year ahead.
Amidst economic uncertainty out of China, the Dow Jones Industrial average plummeted 470 points on the first day of September.
Amidst economic uncertainty out of China, the Dow Jones Industrial average plummeted 470 points on the first day of September. International Business Times reporter Jessica Menton broke down the numbers for CBSN.
Markets opened down again after an economically chaotic August
Markets opened down again after an economically chaotic August. CBS News senior business correspondent Anthony Mason has more for CBSN.
Worries over China affect the market on the first day of September after a mercurial August
Worries over China affect the market on the first day of September after a mercurial August. Belpointe chief strategist David Nelson joins CBSN with analysis.
The "Sunday Morning" commentator says experts and politicians who blame China for the U.S. stock market's recent downturn are missing the point.
The "Sunday Morning" commentator says experts and politicians who blame China for the U.S. stock market's recent downturn are missing the point.
The first stock market correction in nearly four years has investors itching to do something, but that may be a big mistake
The first stock market correction in nearly four years has investors itching to do something, but that may be a big mistake. Jill Schlesinger reports.
Stocks closed down for the fifth straight day, erasing all of this year's growth in China
Stocks closed down for the fifth straight day, erasing all of this year's growth in China. CBS News foreign correspondent Seth Doane has details from Beijing.
The day after a massive sell-off rocked Wall Street, the stock market again closed with significant losses
The day after a massive sell-off rocked Wall Street, the stock market again closed with significant losses. Belpointe Asset Management's David Nelson and International Business Times reporter Jessica Menton spoke to CBSN about Wall Street's volatility.
In minutes, the Dow was down more than 1,000 points on Monday, closing down more than 588 points
In minutes, the Dow was down more than 1,000 points on Monday, closing down more than 588 points. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss what's behind the market upheaval.
The Shanghai Index fell 8.5 percent, and Japan's Nikkei lost more than 4 percent
Stock markets around the world are tumbling because of bad news from China. The Shanghai Index fell 8.5 percent, and Japan's Nikkei lost more than 4 percent. Top European markets opened lower as well. The Dow Jones Industrials are already coming off their worst week in four years, losing more than 1,000 points. CBS News financial contributor Mellody Hobson joins “CBS This Morning” from Chicago to discuss the market fallout.
Concerns about China helped push down Wall Street
Stocks in China are down again after Monday's freefall on the Shanghai Stock Exchange. The one-day drop of more than 8 percent was the biggest since 2007. Concerns about China helped push down Wall Street. CBS News financial contributor Mellody Hobson joins "CBS This Morning" from Chicago to discuss what's behind the plunge.
Chinese police and regulators are cracking down on investors accused of driving down shares with "malicious" short selling.
Chinese police and regulators are cracking down on investors accused of driving down shares with "malicious" short selling. Seth Doane reports from Beijing where the Communist government is treating the turmoil as a major threat.
As Greece faces a risk of dropping out of the eurozone, there are questions as to what their financial situation will mean for U.S. markets
As Greece faces a risk of dropping out of the eurozone, there are questions as to what their financial situation will mean for U.S. markets. CBS News correspondent Anthony Mason takes a look.
S&P 500 closes above 4,000 for first time
Biden's massive infrastructure push seen as good for big tech and smaller companies that benefit from a growing economy.
Michael Lewis joins "CBS This Morning" to discuss his book that accused high-frequency stock traders of rigging the market against investors
Michael Lewis accused high-frequency stock traders of rigging the market against investors. Since then the Dow moved at least 1800 points higher and there has been a handful of prosecutions. But still, there is not widespread reform. Lewis joins "CBS This Morning" to discuss his book: "Flash Boys: A Wall Street Revolt."
CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the latest
The stock market fell on Wednesday off of disappointing retail sales figures from December, but a CBS News poll shows 53 percent of Americans believe the economy is in "good" shape. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the latest.
White House removes Trump post with racist footage of Obamas hours after defending it
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Authorities say they're "aware of a new message" in Nancy Guthrie's disappearance
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Winter Olympics begin with spectacular opening ceremony
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
Trump says he "didn't see" image depicting Obamas as apes in social media post
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes.
Exclusive
Trump called Sen. Tim Scott after lawmaker condemned image of Obamas
President Trump called GOP Sen. Tim Scott after the South Carolina Republican publicly urged the president to remove a reposted video depicting former President Barack Obama and former first lady Michelle Obama as apes.
Exclusive
Lutnick and Epstein were in business together, Epstein files show
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Purported Nancy Guthrie ransom note demanded bitcoin. Could it be tracked?
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Republicans condemn Trump's racist video portraying the Obamas as apes
The criticism continued even after the White House removed the video after the initial backlash.
Pentagon says it's cutting ties with "woke" Harvard
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
U.S.
More U.S.
Pentagon says it's cutting ties with "woke" Harvard
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Truck driver spends decades carving a scale model masterpiece of New York City
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost 1 million structures.
Heightened security from dozens of local, federal agencies ahead of Super Bowl
More than 35 local, state and federal agencies have been working for the last 18 months to prepare for Super Bowl LX in Santa Clara, California.
Exclusive
Lutnick and Epstein were in business together, Epstein files show
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Dow crosses 50K for first time as stocks enjoy best day since May 2025
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
MoneyWatch
More MoneyWatch
Exclusive
Lutnick and Epstein were in business together, Epstein files show
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Dow crosses 50K for first time as stocks enjoy best day since May 2025
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Purported Nancy Guthrie ransom note demanded bitcoin. Could it be tracked?
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Prediction markets soar ahead of the Super Bowl
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
See the 43 drugs available on new discounted drug site TrumpRx
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Politics
More Politics
Appeals court endorses Trump policy of denying bond hearings to many ICE detainees
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
Pentagon says it's cutting ties with "woke" Harvard
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Trump says he "didn't see" image depicting Obamas as apes in social media post
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Exclusive
Lutnick and Epstein were in business together, Epstein files show
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Prediction markets soar ahead of the Super Bowl
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
HealthWatch
More HealthWatch
See the 43 drugs available on new discounted drug site TrumpRx
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
White House launches TrumpRx discounted drug site
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
Officials warn against drinking raw milk after baby dies from listeria
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
When health insurance costs more than the mortgage
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
5 ways to find affordable care without health insurance
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
World
More World
Suspect in 1994 murder of Colombian soccer star killed in Mexico
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
Olympic skater gets last-minute approval for Minions-themed program
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
How the Olympics' Parade of Nations country order works
Here's what to know about the Parade of Nations in the 2026 Winter Olympics opening ceremony and how the country order is determined.
See the best Olympic opening ceremony outfits of the 2026 Winter Games
As the 2026 Milan Cortina Winter Olympics begin, all eyes were on teams from around the globe proudly donning their countries' uniforms for the opening ceremony, including Team USA in outfits designed by Ralph Lauren.
Ukrainian military drone simulator adapted for video gamers in world first
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
Entertainment
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Where you can watch the 2026 Winter Olympics live
Don't miss a moment of the Winter Olympics. Here's how to watch live, for free and stream the action without cable.
Bad Bunny set for historic Super Bowl performance
Coming off a historic Grammy win, Bad Bunny is gearing up to make even more history at this weekend's Super Bowl. The musician is set to be the first Super Bowl headliner to perform completely in Spanish. Leila Cobo, co-chief content officer at Billboard, joins "The Daily Report" to discuss.
Olympic skater gets last-minute approval for Minions-themed program
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
Ukrainian military drone simulator adapted for video gamers in world first
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
Bad Bunny hints at halftime show surprises
Bad Bunny, the Puerto Rican singer born Benito Antonio Martínez Ocasio, told fans to expect a special Super Bowl halftime show on Sunday. Nidia Cavazos reports on how the star is performing, and whether he'll have any surprise guests.
Technology
More Technology
Super Bowl fans warned to keep drones at home with flights banned over big game
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Ukrainian military drone simulator adapted for video gamers in world first
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
How will AI transform the workforce?
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Tesla, Waymo leaders defend product safety
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
Science
More Science
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
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Crime
Luigi Mangione has outburst after hearing
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Authorities say they're "aware of a new message" in Nancy Guthrie's disappearance
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Investigators vetting Guthrie ransom note
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Mangione claims double jeopardy
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
Suspect in 1994 murder of Colombian soccer star killed in Mexico
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
Space
More Space
Space
What led NASA to delay Artemis II launch
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA hopes to fix Artemis II moon rocket leak with on-pad repair
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delays Artemis II launch
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
NASA begins mission to map the boundaries of our heliosphere
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA moon launch off until March due to issues during tests
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Officials review new message in Guthrie case
Officials said they are "aware of a new message" in the Nancy Guthrie disappearance on Friday. Authorities have not given details on the contents of the message. Former FBI special agent FBI Doug Kouns joins CBS News to discuss.
Man spent decades making model of New York City
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost one million structures. Steve Hartman has the story.
Officials shut down man's free bus rides
After a licensed school bus driver finished his route, he decided to help after seeing lots of other children walking to school in the cold. As Tony Dokoupil reports, the offer was short-lived.
Olympics kick off with opening ceremony in Milan
The opening ceremony marked the official start of the 2026 Winter Olympics with celebrations at Milan's San Siro Stadium and at venues in Predazzo, Livigno and Cortina d'Ampezzo. Seth Doane reports.
What to know about high-stakes Super Bowl security
With less than 48 hours until kickoff for Super Bowl LX, security preparations are already in motion. Kris Van Cleave has a preview.