Dow Jones enters bear market territory
All three major U.S. stock market indexes are in a bear market territory. Wall Street Journal reporter Akane Otani joins John Dickerson on "Prime Time" to discuss.
All three major U.S. stock market indexes are in a bear market territory. Wall Street Journal reporter Akane Otani joins John Dickerson on "Prime Time" to discuss.
The Dow Jones Industrial Average, S&P 500 and NASDAQ each lost more than 1.5% on Friday, with the Dow closing at its lowest level since late 2020. CBS News correspondent Michael George has more on the troubling economic trends.
It was another disappointing week for the stock market with all major indices in the red. CBS News' Catherine Herridge speaks with Yahoo Finance reporter Alexandra Semenova about what we might expect in the coming weeks.
The Dow Jones Industrial Average dropped below 30,000 Friday for the first time since 2020. Javier David, managing editor of business and markets at Axios, joined CBS News to discuss the volatile market.
All three major stock indexes ended the week with losses for the fourth time in five weeks. Victoria Fernandez, chief market strategist at Crossmark Global Investments, joins CBS News to discuss what it means for the U.S. economy.
Stocks dropped after the latest Consumer Price Index report showed U.S. inflation remains high. The Dow tumbled nearly 1,300 points Tuesday for the worst day since June 2020. Wall Street Journal reporter Dion Rabouin joins CBS News to discuss the market reaction.
The Consumer Price Index report for August tanked the stock market as inflation continued to slow at a snail's pace. Emil Michael, chairman and CEO of DPCM, joins CBS News to discuss the impact on the overall economy.
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
Economists are predicting a recession is imminent, while President Biden claims a recession is not inevitable. This comes after the Dow Jones lost more than 700 points Thursday. Wall Street Journal reporter Julia-Ambra Verlaine joins "CBS News Mornings" to discuss the latest.
U.S. stocks fell sharply on Thursday, pushing the Dow Jones below 30,000 for the first time since January 2021. Meanwhile, mortgage rates had their biggest one-week jump in 35 years after the Federal Reserve hiked interest rates to tame inflation. Bartie Scott, a senior economy editor for Business Insider, joins Carter Evans to discuss.
The Federal Reserve on Wednesday announced its largest interest rate hike since 1994, in an effort to combat historic inflation. Matthew Luzzetti, a senior economist at Deutsche Bank, joins CBS News to discuss how the move is impacting the stock market.
Wall Street has entered a bear market, but experts warn you shouldn't do anything rash. CBS News Business Analyst Jill Schlesinger spoke to Anne-Marie Green and Vladimir Duthiers on CBS News about how to handle your finances in a down market, and what's to blame for plummeting prices.
Stocks fell Monday as markets continue to respond to Friday's inflation report. Tim Pagliara, a wealth adviser and the chief investment officer at CapWealth, talked to CBS News about what these losses could mean for the future of the U.S. economy.
Inflation is negatively impacting the U.S. stock market. The Dow Jones fell 880 points Friday. Yahoo Finance reporter Alexandra Semenova joins CBS News to discuss the impact of rising consumer prices.
A major stock market index briefly hit bear market territory on Friday after a volatile week of trading. George Ball, chairman at the investment firm Sanders Morris Harris, speaks with CBS News' Tanya Rivero and Nancy Chen on whether the U.S. economy is headed for a recession.
The Dow Jones saw its biggest point loss in a single day since the pandemic began. Robert Schein, chief investment officer at Blanke Schein Wealth Management, joins CBS News at the closing bell to break down the day of losses on Wall Street.
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
New figures from the Bureau of Labor Statistics show inflation slowed in April for the first time since August. But the Dow ended the day down more than 300 points. Michael Rosen, managing partner and chief investment officer at Angeles Investments, joins CBS News to discuss the impact inflation coupled with the falling stock and bonds markets have had on Americans' pensions and retirement funds.
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 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.
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.
Major stock indexes ended Wednesday mostly flat despite gains early in the day. Wall Street Journal reporter Caitlin McCabe joins CBS News at the closing bell to discuss what is driving the market.
President Biden announced the U.S. will ban Russian imports of oil. That announcement and other news surrounding Russia's war in Ukraine sent the stock market on a rollercoaster Tuesday. David Ragland, chief investment officer of IRC Wealth, joins CBS News at the closing bell to explain why days like these could be a good sign on Wall Street.
The defense wrapped their case on Monday after deciding not to call Hunter Biden to testify in his own defense.
More than 20 million people were under weather advisories for extreme heat as forecasts predicted another week of soaring temperatures.
In a pitch to service workers, former President Donald Trump vowed to end taxes on income earned as tips.
If confirmed, it would mark Ukraine's first known successful strike on a twin-engine Su-57 stealth jet.
A diet healthy for humans and the planet? A new study explores the potential benefits of the Planetary Health Diet. Here's what to know.
The Federal Trade Commission and Justice Department will split responsibility for overseeing the rapidly growing AI sector.
Voters in 27 countries across Europe have pulled the bloc's 720-seat European Parliament farther to the right than it has ever been.
"One of his dogs traveled the nearly four miles to their camp, which alerted the rest of the party that something was wrong," police said.
Jose Uribe, a star witness in the prosecution's case against Sen. Bob Menendez, will continue testifying about buying Nadine Menendez a luxury car.
GOP South Carolina Reps. Nancy Mace and William Timmons face primary challenges Tuesday, and Nevada Republicans to choose candidate to take on Democratic Sen. Jacky Rosen.
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
More than 20 million people were under weather advisories for extreme heat as forecasts predicted another week of soaring temperatures.
The Federal Trade Commission and Justice Department will split responsibility for overseeing the rapidly growing AI sector.
Legendary actor Dick Van Dyke is 98 and still works out three days a week. He says that's his "secret weapon."
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
The Federal Trade Commission and Justice Department will split responsibility for overseeing the rapidly growing AI sector.
Apple CEO Tim Cook is expected to announce plans to embed AI in the company's iPhones and other tech devices.
Chipmaker's revenue more than tripled in latest quarter as demand for its semiconductors — used to power AI applications — has soared over the past year.
Total student loan debt in the U.S. is now nearly $1.8 trillion, and experts say young people are delaying buying homes and starting families because of it. So, what could the lives of students look like when they graduate debt-free?
GOP South Carolina Reps. Nancy Mace and William Timmons face primary challenges Tuesday, and Nevada Republicans to choose candidate to take on Democratic Sen. Jacky Rosen.
In a pitch to service workers, former President Donald Trump vowed to end taxes on income earned as tips.
While the Russian exercises aren't considered a threat to the U.S., American ships have been deployed to shadow the Russians, U.S. officials said.
The Federal Trade Commission and Justice Department will split responsibility for overseeing the rapidly growing AI sector.
Voters in 27 countries across Europe have pulled the bloc's 720-seat European Parliament farther to the right than it has ever been.
A diet healthy for humans and the planet? A new study explores the potential benefits of the Planetary Health Diet. Here's what to know.
Olympic gymnastics all-around champion Suni Lee shares her longtime journey with eczema, an inflammatory skin condition also known as atopic dermatitis.
Derek Stefureac has reversed the progression of his multiple sclerosis by embracing exercise, doctors said.
The RSV vaccine by GSK was previously approved only for adults 60 and older.
The strain is "very, very similar" to the JN.1 variant from earlier this year.
While the Russian exercises aren't considered a threat to the U.S., American ships have been deployed to shadow the Russians, U.S. officials said.
If confirmed, it would mark Ukraine's first known successful strike on a twin-engine Su-57 stealth jet.
Three fans pleaded guilty in the first conviction for racism-related cases in professional soccer in Spain.
Videos show how African elephants may be the first nonhuman species to use vocal name-like identifiers for each other, suggesting "the capacity for some degree of symbolic thought," researchers said.
At the French Open final this past weekend, John McEnroe confused – and angered – some fans after making remarks that some deemed sexist.
Six-time Grammy Award-winning musician Questlove is out with a new book "Hip-Hop is History" that explores the genre he helped influence.
Legendary actor Dick Van Dyke is 98 and still works out three days a week. He says that's his "secret weapon."
Jonathan Groff discusses on "CBS Mornings" how "Merrily We Roll Along," which is nominated for seven Tony Awards, connects to people's daily lives after it initially was only on Broadway for 16 performances in 1981.
Grammy-winning artist Questlove has been making music professionally for more than 30 years. His new book "Hip-Hop Is History" traces the creative and cultural forces that helped turn hip-hop into what it is today.
Jonathan Groff talks about his role in the Broadway revival of Stephen Sondheim's "Merrily We Roll Along." Groff, who plays composer Frank Shepard alongside co-stars Daniel Radcliffe and Lindsay Mendez, is celebrating his third Tony nomination.
Apple's annual Worldwide Developers Conference is kicking off Monday. The company is expected to announce new software updates with a major focus on artificial intelligence. Bridget Carey, consumer tech reporter for CNET, joined CBS News to discuss the conference.
Chipmaker's revenue more than tripled in latest quarter as demand for its semiconductors — used to power AI applications — has soared over the past year.
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.
The sales growth of fully electric vehicles in the U.S. has slowed in the past year, but the sales of hybrid vehicles surged by 53% in 2023. Surveys show Americans are hesitant to go fully electric because of high sticker prices and the lack of reliable charging infrastructure.
YouTube announced this week it is updating its policy on firearm videos to keep potentially dangerous content from reaching underage users.
The sales growth of fully electric vehicles in the U.S. has slowed in the past year, but the sales of hybrid vehicles surged by 53% in 2023. Surveys show Americans are hesitant to go fully electric because of high sticker prices and the lack of reliable charging infrastructure.
A massive heat dome is currently sulking over California, Texas, and parts of the Southwest. CBS News senior national and environmental correspondent Ben Tracy has more details from Las Vegas, which broke a daily record at 111 degrees Fahrenheit Thursday.
The "Teen Rex" is one of just four young T. rex fossils that have been found on Earth.
Joro spiders can lay up to 500 eggs in a single sac and can parachute themselves "tens to hundreds of miles" away through the sky. These photos show where they've landed so far.
They're big, they're scary-looking and they float through the air — but Joro spiders are also among the "shyest" spiders researchers have ever found.
Three fans pleaded guilty in the first conviction for racism-related cases in professional soccer in Spain.
The coroner confirmed that human remains were found in the basement, calling the death "highly suspicious."
Esmeralda Garzon is the second female politician to be killed in Mexico since Claudia Sheinbaum was elected president.
At least 10 people, ranging in age from 14-23, were hurt during a Madison, Wisconsin shooting, police said.
Nicki Lenway was no stranger to violence -- the 33-year old worked crime scenes for the Minneapolis Police Department. But she never imagined she'd find herself fighting for her life after being gunned down in a parking lot.
It was the final flight of Virgin's Unity spaceplane while the company transitions to a more capable spacecraft.
Astronaut Williams Anders died Friday, June 7, 2024, at the age of 90. In this "CBS Sunday Morning" story originally broadcast December 23, 2018, Anders and his fellow crewmates from Apollo 8, James Lovell and Frank Borman, talked with Lee Cowan about becoming the first humans to circle the moon, and of the photograph they brought back: the first image of the Earth above the lunar surface. Dubbed "Earthrise," it showed humanity the beauty and fragility of our home planet, and helped invigorate the environmental movement.
William Anders, who snapped one of the most iconic images of the space age, was killed when his small plane went down off the coast of Washington state.
The Starliner crew had to work around thruster problems and more helium leaks, but pulled off a successful space station docking.
Boeing's Starliner capsule, with a crew of two, docked at the International Space Station Thursday after troubleshooting some technical malfunctions. CBS News space analyst Bill Harwood breaks down how NASA maneuvered through the challenges to achieve the Starliner's next step in space.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographer Ed Spinelli.
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Forrest Fenn hid a treasure somewhere in the Rocky Mountains. Five men died searching for it.
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Two teenagers and a woman were attacked by sharks Friday in separate incidents just a few miles apart along the Florida Panhandle. On the same day, a shark seriously injured a woman off the coast of the Hawaiian island of Oahu. CBS News national correspondent Manuel Bojorquez has more.
Closing arguments began Monday after Hunter Biden elected not to testify and both sides rested their cases in his federal gun possession trial. CBS News legal contributor Jessica Levinson has more on the case.
The Supreme Court will hear an appeal from Facebook's parent company Meta related to a lawsuit over how the company relayed a data breach to investors. A lower court previously ruled the investors' suit could move forward. CBS News chief legal correspondent Jan Crawford has more on that and other major cases the court has on its docket.
Apple's annual Worldwide Developers Conference is kicking off Monday. The company is expected to announce new software updates with a major focus on artificial intelligence. Bridget Carey, consumer tech reporter for CNET, joined CBS News to discuss the conference.
Former President Donald Trump told supporters at a Las Vegas campaign rally this weekend that he would eliminate taxes on tips if he's elected again in November. CBS News campaign reporter Olivia Rinaldi has more on if Trump would even be able to do that.