Biden calls for more banking regulations
The stock market closed higher Thursday as President Biden called for increased oversight into banking regulations. New Constructs CEO David Trainer joined CBS News to break down investors' reactions.
The stock market closed higher Thursday as President Biden called for increased oversight into banking regulations. New Constructs CEO David Trainer joined CBS News to break down investors' reactions.
CBS News business analyst Jill Schlesinger and J.D. Durkin, host of "The Street," join Errol Barnett and Elaine Quijano to discuss this week's market movers on Wall Street.
Stocks closed in the green one day after the Federal Reserve announced a quarter-point interest rate hike. Washington Post economics reporter Rachel Siegel joined CBS News to discuss what the move means for investors.
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
The New York Stock Exchange closed in the red on Friday. Wall Street Journal banking reporter Ben Eisen joins CBS News to discuss the ongoing impact of the recent turmoil in the banking system.
The Dow Jones fell sharply Wednesday after shares in Swiss bank Credit Suisse hit a record low. Host of "The Street" J.D. Durkin spoke with CBS News about recent trends in the marketplace and how they could impact federal economic action.
The stock market closed relatively flat a day after the federal government took action to ensure that Silicon Valley Bank's customers would not lose their deposits in the bank's collapse. CBS News business analyst Jill Schlesinger joined Elaine Quijano to discuss how the action will impact investors and consumers going forward.
Regulators seized control of Silicon Valley Bank on Friday, the first time this type of measure has been taken since the Great Depression. J.D. Durkin of "The Street" joins CBS News with how this is affecting the markets.
Dow Jones Industrial Average made gains Friday but still ended the week in the red. J.D. Durkin, host of "The Street," and Javier David, a CBS News contributor and the managing editor of business and markets at Axios, join CBS News to recap this week's biggest market movers.
The Dow Jones ended Wednesday in the red following President Biden's State of the Union address. Dan Geltrude, founder of accounting firm Geltrude and Company, joined CBS to discuss the economic impact of the speech.
The New York Stock Exchange ended relatively flat Wednesday. Dory Wiley, the president and CEO of Commerce Street Holdings told CBS News that missed expectations drove the markets, as recession fears loom.
The New York Stock Exchange experienced a technical issue early on Tuesday, temporarily halting trading for more than 80 companies. Dan DeFrancesco, finance editor for Insider, joined CBS News to recap the day for the markets, and what the latest Justice Department antitrust lawsuit against Google could mean for the tech industry.
J.D. Durkin, host of "The Street," joined CBS News to discuss the gains made by the stock market Thursday, and what investors are looking for going into 2023.
The Dow Jones rose Friday after the Federal Reserve's preferred measure of inflation eased again in November. Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, discussed how the markets reacted to the news.
The Dow Jones Industrial Average had its third straight day of losses after the Federal Reserve announced an interest rate hike. Senior columnist at Yahoo Finance Rick Newman joins CBS News to discuss the impact on the markets.
Elon Musk has taken Twitter private. The new CEO now no longer has to share financial information for the social media company, and shareholders have been paid out. Louise Matsakis joins "CBS News Mornings" to explain what this means for the company and other trends in the social media industry.
Amazon announced it's pausing hiring for corporate positions in a move to try to cut costs amid concerns about a potential recession. Meanwhile, mortgage rates fell below 7% this week, but they're still higher than they were last year. CBS News anchors Lana Zak and Errol Barnett spoke with Lindsay Owens, executive director of Groundwork Collaborative, about where the U.S. economy stands.
The Dow Jones Industrial Average gave back a big chuck of the gains it made the day before, following the latest report on inflation in the U.S. David Grasso, an editor at Bold, joins CBS News to discuss the latest on the economy.
An alliance of oil-producing countries voted to cut production by 2 million barrels per day, leading to fears of higher energy prices over the winter and driving crude futures up. Reuters energy reporter Laura Sanicola joins CBS News' Errol Barnett and Lana Zak to discuss what's moving the market and what might happen to prices at the pump.
The British government reversed course Monday, saying it would not move forward with a proposed tax reduction for high earners that sent the pound tumbling last week. Joining anchors Vladimir Duthiers and Anne-Marie Greene to talk about market shifts in both the U.S. and U.K. is Javier David, managing editor of business and markets at Axios.
The stock market finished with substantial gains on Wednesday despite Hurricane Ian making landfall in Florida. CBS News anchors Tanya Rivero and Lana Zak speak with Kristin Myers, editor-in-chief of The Balance, about the impact the storm could have on the economy.
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 Federal Reserve has twp-day meeting starting Tuesday and economists are preparing for another interest rate hike to come out of it. Saira Malik, chief investment officer of Nuveen, joins CBS News at the closing bell to discuss what is driving the market.
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.
The stock market's tumble has put the S and P 500 into a bear market. CBS News correspondent Elaine Quijano reports on Wall Street's drop on Monday. Then, Akiko Fujita, a reporter and anchor for Yahoo Finance, joins Errol Barnett on CBS News to discuss the latest on the markets.
Former President Donald Trump was found guilty on 34 felony counts in a case stemming from a "hush money" payment to adult film star Stormy Daniels.
CBS News fact checked four misleading claims Trump made about his trial in remarks he made Friday morning.
Marian Robinson, the mother of former first lady Michelle Obama, has died at the age of 86, her family announced Friday.
President Biden said Israel's proposal consists of three phrases. Hamas has not yet responded.
The top four leaders of the House and Senate invited Israeli Prime Minister Benjamin Netanyahu to address a joint meeting of Congress.
Senior Airman Roger Fortson was in his apartment when he was fatally shot by a deputy.
Jennifer Lopez was set to embark on a 30+ city tour to promote her new album "This is Me…Now," which dropped in February.
Tyson suffered a medical emergency on a flight from Miami to Los Angeles last weekend due to an ulcer flare up, his representatives said.
Michelle Troconis was convicted by a jury of conspiracy to commit murder, hindering prosecution and evidence tampering in the killing of Jennifer Dulos.
Former President Donald Trump was found guilty on 34 felony counts in a case stemming from a "hush money" payment to adult film star Stormy Daniels.
Gunnery Sgt. Richard Remp served in World War II and stayed in the Marines all the way through the Vietnam War.
CBS News fact checked four misleading claims Trump made about his trial in remarks he made Friday morning.
Tyson suffered a medical emergency on a flight from Miami to Los Angeles last weekend due to an ulcer flare up, his representatives said.
A former top U.S. agricultural official testified that Menendez tried to stop him from disrupting a halal certification monopoly that Egypt awarded to one of his constituents.
Authors complained for years that the organization was predominantly White — causing membership to plummet.
Costco hasn't raised the cost of its popular hot dog and soda combo in nearly 40 years, and it's not about to now, a senior exec says.
FCC calls on Congress for funding to restart program that helped low-income households get high-speed internet service.
Google said it's rolling back its AI-generated search results feature after two weeks. Here's why.
the law would require fossil fuel companies to contribute to a superfund that will be used to help the state adapt to climate change and develop more resilient infrastructure.
Former President Donald Trump was found guilty on 34 felony counts in a case stemming from a "hush money" payment to adult film star Stormy Daniels.
CBS News fact checked four misleading claims Trump made about his trial in remarks he made Friday morning.
A former top U.S. agricultural official testified that Menendez tried to stop him from disrupting a halal certification monopoly that Egypt awarded to one of his constituents.
The former president often speaks about removing "criminals out of our country." Some countries could keep Trump out of theirs.
Former President Donald Trump and his lawyer Todd Blanche have said they will appeal his conviction.
Almost one in five survey responders had lost a family member or close friend to a drug overdose, researchers found.
The U.S. has ordered 4.8 million doses of vaccine to target bird flu in case the outbreak spreads in people.
Details of the FDA's proposal were published Friday ahead of a meeting next week.
The Mediterranean diet has long been regarded as a heart-healthy option, but a new study has found the diet may help reduce risk of death.
For the first time, the CDC confirms a person infected with bird flu in the U.S. has acute respiratory symptoms. It is the third human case tied to the dairy cattle H5N1 outbreak and the second case in a dairy farm worker in Michigan.
Robert Pickton was assaulted at Port-Cartier Institution in Quebec, a maximum-security federal institution, by another inmate, authorities said.
The top four leaders of the House and Senate invited Israeli Prime Minister Benjamin Netanyahu to address a joint meeting of Congress.
Eliseo Imperial Castro, who was wanted by the U.S., was the nephew of Sinaloa cartel co-founder Ismael "El Mayo" Zambada.
As Russia's war on Ukraine continues, a new report finds many Ukrainians are struggling with poor well-being.
The New Caledonian fern, Tmesipteris oblanceolata, has more than 50 times more DNA packed into the nucleus of its cells than humans do.
Jennifer Lopez has canceled her upcoming summer tour to spend more time with her "children, family and close friends," Live Nation announced Friday.
Jennifer Lopez was set to embark on a 30+ city tour to promote her new album "This is Me…Now," which dropped in February.
Michael Crichton's thriller about a massive volcanic eruption in Hawaii was unfinished when the "Jurassic Park" author died in 2008; more than 15 years later, James Patterson, the bestselling writer behind the Alex Cross series, has completed Crichton's work.
Tony-nominated actress Shoshana Bean talked about the opportunity to star in "Hell's Kitchen," which was inspired by Alicia Keys' life.
Actor Maya Hawke talked about focusing on her music career as the "Stranger Things" star films the final season of the hit series.
All systems are go for a second attempted launch of Boeing's Starliner capsule on Saturday, making its maiden voyage to the International Space Station with two astronauts on board. Manuel Bojorquez reports from the Kennedy Space Center.
ChatGPT developer OpenAI warns that state actors worldwide use generative artificial intelligence to run covert propaganda operations. The company told The Washington Post it found groups in Russia, China, Iran and Israel using its technology to build and launch social media campaigns. Gerrit De Vynck, tech reporter for The Post, joins CBS News to discuss.
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.
Google said it's rolling back its AI-generated search results feature after two weeks. Here's why.
Australia is investigating a potential Ticketmaster data breach affecting over half a billion users. Those behind the attack are said to be offering the data for $500,000 on the dark web. CBS News homeland security and justice reporter Nicole Sganga brings us the latest details.
A recent study from the University of Washington suggests that rising summer temperatures threaten triploid oysters, specifically bred in the 1970s to be more resilient to harsher environments. Despite that, researchers found that triploids die nearly 2.5 times faster than other oysters when under heat stress. Neil Thompson, geneticist for the U.S. Department of Agriculture Agricultural Research Service, joins CBS News to unpack the findings.
The New Caledonian fern, Tmesipteris oblanceolata, has more than 50 times more DNA packed into the nucleus of its cells than humans do.
Can the climate crisis be won as temperatures soar, oceans rise and air quality deteriorates? Former presidential candidate Tom Steyer thinks it can. The climate investor joins "America Decides" to discuss his new book "Cheaper, Faster, Better: How We'll Win the Climate War."
The spread of an avian flu virus in cattle has again brought public health attention to the potential for a global pandemic. Fighting it would depend, for now, on 1940s technology that makes vaccines from hens' eggs.
Turbulence on flights has been increasing, and climate change could be one of the reasons why. CBS News senior weather producer David Parkinson explains how the human-caused phenomenon affects the flight path.
Robert Pickton was assaulted at Port-Cartier Institution in Quebec, a maximum-security federal institution, by another inmate, authorities said.
Eliseo Imperial Castro, who was wanted by the U.S., was the nephew of Sinaloa cartel co-founder Ismael "El Mayo" Zambada.
Jose Ibarra pleaded not guilty to killing nursing student Laken Hope Riley on Friday in a Georgia court.
A notorious hacking group claims it has stolen names, addresses, phone numbers and partial credit card details from half a billion Ticketmaster customers, putting it up for sale for half a million dollars. CBS News senior business and tech correspondent Jo Ling Kent has more.
Police used forensic genetic genealogy and family tree research to solve the cold case.
If you missed the fantastic display of the northern lights in May, you could soon have another chance. In early June, the active solar region responsible for those multi-colored hues in the night sky will be in prime position to generate solar storms impacting us on Earth. Ryan French, solar physicist with the National Solar Observatory, joins CBS News to explain.
Boeing is preparing to launch its crewed Starliner spacecraft on Saturday after having to scrub the plan twice before due to technical difficulties. CBS News space consultant Bill Harwood is following the preparations for Boeing's flight.
If the first piloted test flight goes well, NASA hopes to certify the Starliner for regularly scheduled service starting next year.
The galaxy was spotted as astronomers and scientists studied what's known as "Cosmic Dawn."
Scientists used decades-old images to track changes on the planet's surface.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
President Biden broke his silence Friday on former President Donald Trump's conviction in his New York criminal case. His comments preceded remarks about a new Israeli cease-fire proposal. Margaret Brennan and Major Garrett have analysis.
Speaking from the White House on Friday, President Biden criticized former President Donald Trump's response to his conviction in New York. Trump has claimed the trial was "unfair" and "rigged." Robert Costa has more.
Highly decorated veteran Richard "Gunny" Remp, 98, had days left to live, but one thing still left to achieve: receiving his high school diploma. Steve Hartman goes "On the Road" to show what went into fulfilling his dying wish.
Jennifer Lopez has canceled her upcoming summer tour to spend more time with her "children, family and close friends," Live Nation announced Friday.
Marian Robinson, the mother of former first lady Michelle Obama, has died at the age of 86, her family announced Friday.