Oil, stimulus hopes, yuan boost global stocks
U.S. benchmarks were poised to open sharply higher after a long weekend: Both Dow and broader S&P 500 futures jumped 1.4 percent
Stock Market
Why the U.S. is vulnerable to a recession
The American economy has never fallen into a prolonged slump because of a downturn overseas -- this time might be different
Donald Trump on the stock market: "I think we're in a bubble"
GOP candidate tells "Face the Nation" he believes recent turbulence in financial markets could spell trouble for the U.S. economy
Chinese company buys Chicago Stock Exchange
Deal for 134-year-old bourse would be the first of a U.S. exchange by Chinese buyers
Shanghai dive leads global stock markets lower
U.S. markets were set to open higher, with Dow futures gaining 0.3 percent and broader S&P 500 futures adding 0.4 percent
European stock markets inch higher, Asia slides
Futures augured more losses for Wall Street after Wednesday's sell-off: Dow futures lost 0.4 percent to and S&P 500 futures dropped 0.3 percent
What's behind dropping oil prices?
"The real story is China," says CBS News financial contributor Mellody Hobson, when it comes to the stock market slump and dropping oil prices
Energy shares weigh as U.S. stocks finish mixed
The first two weeks of this year were the worst start to a year in the history of the Dow and the S&P 500 index
World stocks slide as China trading halted after plunge
Futures augured sharp losses on Wall Street: Dow and S&P 500 futures were each down 2.3 percent
Most world markets higher in quiet trading
U.S. stocks were poised for a flat open, with Dow futures practically unchanged and broader S&P 500 futures steady
Global stock markets weaker as energy prices fall
Wall Street was likely to extend losses from the previous session: Both Dow and the broader S&P 500 futures were down 0.6 percent
What could come after the rate-hike rally
Concerns about the consequences of the Fed's first policy tightening in nearly a decade won't just disappear
Stocks tumble with commodities; crude at 2009 low
Equities hit as Wall Street takes its cue from European and Asian markets
Global stocks down after oil slide, weak China trade
Wall Street looked set for a second day of declines: Dow futures were down 0.8 percent and S&P 500 futures dropped 0.9 percent
Stocks soar after solid jobs report
Nine of the 10 S&P 500 sectors rose; energy was the only industry to fall
Wall Street, ECB give Asian stocks a boost
U.S. stocks looked set for a muted open: Dow futures added 0.1 percent, and broader S&P 500 futures were flat
Trader convicted of manipulating commodity prices
Michael Coscia artificially bumped up commodities prices by placing orders that he cancelled within milliseconds, prosecutors say
October the best month for U.S. stocks in four years
Investors shrug off concerns about slowing global growth and the prospects of higher interest rates
Jack Bogle: Greatly diminished stock returns ahead
Over the next decade, Wall Street likely to disappoint, the Vanguard founder says
Europe stocks higher, Asia stable after China growth data
U.S. markets looked set for a lower open, with both Dow and S&P 500 futures down 0.2 percent
Global stocks rally on hopes of Fed rate hike delay
Wall Street was poised for a steady opening, with Dow futures and the broader S&P 500 futures up 0.1 percent
U.S. stocks blast higher, with GE, Twitter big gainers
Monday continued Friday's rally as investors now believe the Fed will again delay its interest rate liftoff
Netflix, Best Buy, Twitter big winners in 2013 stock surge
The stock market wrapped up its best year since the booming ‘90s with a 29 percent gain to close out a record-breaking 2013
Smart appliances could revolutionize chores
You've heard of smartphones and even smart cars, now there are smart appliances, plus more MoneyWatch headlines
Goldman Sachs president on helping veterans find work
Gary Cohn talks about consumer and corporate confidence and its role in the nation's markets
Live
U.S., Iran have agreed to broad principles of deal, Trump official says
There is broad commitment on the principles of a deal, a senior Trump administration official said, and the administration feels positive about where things stand.
Iran agrees in principle to dispose of highly-enriched uranium, official says
But a deal to end the Iran war likely will not be signed this weekend, a senior Trump administration official said.
Efforts to stop California chemical leak on "new trajectory," officials say
Southern California officials are desperately searching for a safe resolution to a leaking toxic chemical tank at an aerospace facility.
Gunman killed after opening fire on Secret Service checkpoint outside White House
A bystander was also wounded, but no Secret Service officers were injured, officials said. President Trump was in the White House at the time of the incident.
Video shows infant being rescued from car trapped in Texas floodwaters
First responders rescued an infant from a car that became trapped in floodwaters in southern Texas on Saturday, video shows.
Douglas McCain, the eldest son of Sen. John McCain, dies at 66
Douglas McCain, the eldest son of the late Sen. John McCain, has died, his family announced. He was 66.
24 killed, dozens more injured in suicide bombing in Pakistan
Prime Minister Shehbaz Sharif called the attack a "cowardly act of terrorism" on social media.
Second Ebola treatment center set on fire in epicenter of disease's outbreak
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
Shark kills spearfisher in front of friends: "Terrifying thing to see"
A spearfisher was killed on the Great Barrier Reef on Sunday in Australia's second fatal shark attack in just over a week, police said.
U.S.
More U.S.
Full transcript of "Face the Nation with Margaret Brennan," May 24, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Kevin Hassett, White House National Economic Council director, and Sen. Chris Van Hollen, Democrat of Maryland, join Nancy Cordes.
Video shows infant being rescued from car trapped in Texas floodwaters
First responders rescued an infant from a car that became trapped in floodwaters in southern Texas on Saturday, video shows.
Celebrating most prestigious, and junkers, of automobile world
In California, the Pebble Beach Concours d'Elegance is widely considered the most prestigious car show in the world. But just a few miles away, the Concours d'Lemons celebrates the junkers of the automotive world.
Douglas McCain, the eldest son of Sen. John McCain, dies at 66
Douglas McCain, the eldest son of the late Sen. John McCain, has died, his family announced. He was 66.
Recipe: Lavender and lemon poppy seed cake from "Cake Picnic"
Elisa Sunga shares how to make lavender and lemon poppy seed cake in her cookbook, "Cake Picnic: Recipes for the Love of Cake & Friends."
MoneyWatch
More MoneyWatch
AI is driving more job cuts and weighing on hiring, economists say
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
House lawmakers launch insider trading probe into Kalshi and Polymarket
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Kevin Warsh sworn in as new Fed chair, replacing Powell
Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.
This factor may determine whether you get rich. You don't control it.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
Why Google's Gemini Spark AI agent could be a game changer
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
Politics
More Politics
Full transcript of "Face the Nation with Margaret Brennan," May 24, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Kevin Hassett, White House National Economic Council director, and Sen. Chris Van Hollen, Democrat of Maryland, join Nancy Cordes.
Transcript: Sen. Chris Van Hollen on "Face the Nation with Margaret Brennan," May 24, 2026
The following is the transcript of the interview with Sen. Chris Van Hollen, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026
The following is the transcript of the interview with Kevin Hassett, director of the White House National Economic Council, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
Transcript: Dr. Deborah Birx on "Face the Nation with Margaret Brennan," May 24, 2026
The following is the transcript of the interview with Dr. Deborah Birx that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
Transcript: Reps. Josh Gottheimer and Mike Lawler on "Face the Nation with Margaret Brennan," May 24, 2026
The following is the transcript of the interview with Reps. Josh Gottheimer, Democrat of New Jersey, and Mike Lawler, Republican of New York, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
HealthWatch
More HealthWatch
Second Ebola treatment center set on fire in epicenter of disease's outbreak
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
The latest details on the Ebola outbreak
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
What to know about California chemical tank set to explode or leak
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
Ebola kills 3 Red Cross workers in the Congo, organization says
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Teen's mystery illness solved: "It took 18 years to get an answer"
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
World
More World
Shark kills spearfisher in front of friends: "Terrifying thing to see"
A spearfisher was killed on the Great Barrier Reef on Sunday in Australia's second fatal shark attack in just over a week, police said.
Transcript: Sen. Chris Van Hollen on "Face the Nation with Margaret Brennan," May 24, 2026
The following is the transcript of the interview with Sen. Chris Van Hollen, Democrat of Maryland, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026
The following is the transcript of the interview with Kevin Hassett, director of the White House National Economic Council, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
Transcript: Dr. Deborah Birx on "Face the Nation with Margaret Brennan," May 24, 2026
The following is the transcript of the interview with Dr. Deborah Birx that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.
Entertainment
More Entertainment
Entertainment
5/24: Sunday Morning
Hosted by Lee Cowan. Featured: Concours d'LeMons, Iranian propaganda, Patti LaBelle.
Patti LaBelle on being called a legend: "I have earned it"
Patti LaBelle said she's "having fun living it down" as the legendary singer marks her 82nd birthday.
The legendary Patti LaBelle
Legendary singer Patti LaBelle has been performing for six decades. Correspondent Tracy Smith talks with LaBelle at her hometown of Philadelphia as she marks her 82nd birthday.
John McWhorter on being "strange," Fats Waller's lost Broadway musical
John McWhorter talks about his book, "Losing the Race: Self-Sabotage in Black America," published in 2000, along with one of his latest projects.
Ryan Bingham reflects on his music, TV career
Ryan Bingham's career spans decades and genres. He went from a 2009 awards season sweep with "The Weary Kind (Theme from Crazy Heart)" to starring as Walker in "Yellowstone." Bingham sat down with "CBS Saturday Morning" to reflect on his work and to discuss his latest project, "They Call Us The Lucky Ones," which he created in collaboration with The Texas Gentlemen.
Technology
More Technology
CBS News poll finds most doubt government will ensure AI used appropriately
Amid concern about AI taking jobs, people see a range of motives by AI companies.
Ring founder on the Fire Watch feature
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
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.
Stanford student on how AI impacted his class
A recent opinion piece in The New York Times spotlighted the impact of artificial intelligence on the 2026 graduating class at one of the world's most prestigious universities. The author, Stanford student Theo Baker, joins to discuss.
Why Google's Gemini Spark AI agent could be a game changer
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
Science
More Science
Science
What we know about new UFO file release
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
Atlantic hurricane season is coming up. Here's what NOAA predicts.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
2 humpback whales swam record-breaking distance, photos reveal
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Live chicks hatched from artificial eggshell, biotech company says
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
Crime
More Crime
Why Kouri Richins jurors decided Utah mom was a killer
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
Possible shots heard from White House
Several shots were heard from the White House property on Saturday. Aaron Navarro reports from the location after Secret Service told him to get down immediately.
Lawyers shot outside North Carolina courthouse
In Raleigh, North Carolina, a woman's civil case turned into a criminal one after police said she shot two lawyers outside a courthouse. Both were hospitalized. Skyler Henry reports.
Ivey and Ellison on 6 years since Floyd murder
Six years after his murder in Minneapolis, and despite passing the House twice, the George Floyd Justice in Policing Act remains stalled in the Senate. Some lawmakers are hoping to change that. Democratic Rep. Glenn Ivey of Maryland and Minnesota Attorney General Keith Ellison join to reflect on the state of police reform.
Mosque attack was streamed online
The deadly attack at the Islamic Center of San Diego was streamed online, and at least three people watched as two teenagers attacked the facility filled with young students, CBS News' Anna Schecter reports.
Space
More Space
China launches spacecraft with astronaut set to remain in space for a year
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
SpaceX launches more powerful Super Heavy-Starship rocket
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
SpaceX launch of more powerful Super Heavy-Starship rocket scrubbed at last minute
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
SpaceX to explore "the true nature of the universe" as it plans IPO
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
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
5/24: Sunday Morning
Hosted by Lee Cowan. Featured: Concours d'LeMons, Iranian propaganda, Patti LaBelle.
Pakistani army chief meets with Iran
Pakistani Field Marshal Asim Munir met with senior Iranian officials in Tehran on Saturday. Meanwhile, President Trump said on social media that the U.S. and Iran were nearing a peace deal. CBS News' Courtney Kealy has more.
Latest on progress in possible Iran deal
Iran has agreed to a deal in principle to dispose of its highly-enriched uranium, a senior Trump administration official said Sunday. CBS News' James LaPorta has more.
Latest on White House shooting
A gunman was killed after opening fire at a Secret Service checkpoint outside the White House on Saturday night, officials said. CBS News' Nancy Cordes, Nicole Sganga and Natalie Brand have the latest.
Trump touts possible deal, Tehran pushes back
President Trump has signaled on social media that the U.S. and Iran are moving closer to a deal that could reopen the Strait of Hormuz, but Tehran refuted some of the claims. CBS News national security analyst Aaron MacLean has more.