Dow plunges 1,000 points on new COVID-19 variant fears
Investors spooked by highly contagious coronavirus strain, with the U.S. imposing flight restrictions on affected countries.
MoneyWatch
Pfizer testing its vaccine against new COVID-19 strain
Drugmaker said it could develop a vaccine for the Omicron variant in 100 days, but government clearance could take longer.
Unionized workers fight for better pay in post-pandemic economy
"Workers definitely have more labor market leverage because employers need to hire," said one expert.
Black Friday sales on track for record high
Holiday sales in November and December could top $200 billion, according to a forecast from Adobe.
Here's why billions of charitable dollars go unused every year
The more people who know about donation-matching programs offered by employers, the more they will be utilized.
Black Friday has arrived. What could go wrong?
Consumer demand is high — now, it's on retailers to make sure they have the staffing and product stock to meet it.
Hundreds of FedEx packages found in Alabama woods
Photos show packages scattered in a rural area. Shipping giant says it will transport the recovered items "quickly."
Pandemic fueling surge in organized thefts at stores across U.S.
An increase in online shopping during the pandemic has also created a bigger marketplace for sellers of stolen goods.
The 10 most popular toys this holiday season
Despite shortages, some of the hottest items are still available, according to industry publication Toy Insider.
Black Friday starts early, but expect fewer holiday deals
Poll shows Americans plan to spend an average of $886 on gifts this season, up slightly from last year.
Millions expected to shop on Black Friday amid busy holiday season
According to the National Retail Federation, more than 108 million people plan to shop in stores or online on Black Friday.
Stock futures tumble on fears over new coronavirus variant
Global financial markets slump amid concerns that the variant could lead to more travel restrictions and lockdowns.
What's behind the push for a fourth stimulus check
IRS has distributed almost 170 million payments. But hardship remains widespread as the Delta variant spreads.
String of brazen thefts in California continues at Los Angeles Nordstrom
There were no immediate arrests in the brazen theft at a Los Angeles Nordstrom Wednesday night.
Unemployed factory worker sues as Virginia tries to claw back benefits
"This is an agency that doesn't like the people that it's supposed to serve," Ernest Ray's attorney said.
Latest News
Hopes and concerns over a new Alzheimer's drug
The FDA's recent approval is potentially good news for the 6 million Americans who suffer from Alzheimer's disease. But the approval process has stirred controversy.
Fauci warns of "potential" for new COVID-19 wave
Fauci's comments come as the world scrambles to contain the new Omicron variant discovered in South Africa.
The oldest trees on Earth
The gnarled bristlecone pines that have taken root high atop the remote, rocky slopes of California's White Mountains are the longest-lived individual trees on the planet – and they have secrets to share.
World scurries to contain new COVID "variant of concern"
A host of countries are imposing restrictions on southern African countries in response to warnings over the transmissibility of the new variant.
Ahmaud Arbery's mother fulfills promise: "I will get justice"
Inside the trial against the three White men accused of killing a Black jogger, the final guilty verdicts, and a mother's pursuit of the truth of what happened to her son.
Fauci says he "would not be surprised" if new COVID variant is in U.S.
"When you have a virus like this, it almost invariably is ultimately going to go essentially all over," Fauci said.
News crew security guard dies after being shot during attempted robbery
Kevin Nishita was an armed guard for Star Protection Agency and provided security for television news crews who are often targeted by robbers for their equipment.
Stray bullet kills man eating Thanksgiving dinner inside home
The 25-year-old man had nothing to do with the shooting, according to authorities.
U.K. tightens COVID rules after 2 cases of new variant reported in Britain
The health secretary said the two people are self-isolating alongside their households while contact tracing and targeted testing takes place.
Money Tech
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Facebook exec says company doesn't profit off underage users
Head of "safety" at the social media company told senators that internal research on mental health impact was misinterpreted.
Why shoppers are finding many products hard to find
Consumers are encountering shortages of everything from toilet paper to Batman toys. Blame the world's fragile supply chain.
"Buy now, pay later" loans are everywhere. Experts say beware.
Such loans offer "instant gratification," but may carry hidden costs and encourage consumers to rack up debt.
Activision to pay $18 million to settle harassment claims
Money will go to employees at the video game publisher who experienced sexual harassment.
New Apple update allows health data sharing
A new Apple device feature allows sharing health information with loved ones and your doctor. Dr. Tara Narula looks at how it works and the privacy concerns over personal data.
Small Business
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Small Business
Bringing equity to the VC funding process
New data released by Crunchbase shows that only 2.2% of all venture funding went to female-founded startups in the first eight months of this year. Deena Shakir, partner at Lux Capital, joins CBSN to discuss what needs to change to bring equity for female entrepreneurs and investors.
A third of small businesses have reinstated COVID-19 rules
As the Delta variant surges, many small employers are again taking precautions in the way they do business.
NYC giving artists $5,000 checks from Biden stimulus
Some 1,800 artists will receive $5,000 checks, while other federal funds will go to cabbies and homeless people.
Their small business was big events — then they had to adapt
The Vintage Market had shows with up to 30,000 in attendance. After the pandemic, its owners found new ways to survive.
44% of small businesses have less than 3 months of cash
"Everything is up in the air," said one Ohio bakery owner who worries that COVID-19 could shut her down again.
Retirement
More
More Americans are working into old age
A growing swath of seniors are working beyond 65, with many needing to supplement their paltry retirement savings.
How gig economy workers can save for retirement
Several types of plans are available, but figuring out which one is right for you can be confusing, so here's some help
When delaying your Social Security benefits pays off
The impact of your age when you begin collecting benefits can be more financially significant than you think
Claiming Social Security too early costs Americans $3.4 trillion
Only 4% of retirees claim the benefit at the optimal time. Everyone else is losing out on $111,000 per household
Hardship withdrawals from your company's 401(k)
The rules for hardship withdrawals are strict and the costs of taking money from your future retirement can be sky-high
U.S.
More U.S.
Fauci warns of "potential" for new COVID-19 wave
Fauci's comments come as the world scrambles to contain the new Omicron variant discovered in South Africa.
Poll: Lifestyle main factor in determining longevity, Americans say
But most would not want to live forever if they could.
Defense attorney brings up Colonel Sanders in attempt to save his client
Kevin Gough, William "Roddie" Bryan's lawyer, raises eyebrows with an unusual comment.
Ahmaud Arbery's mother fulfills promise: "I will get justice"
Inside the trial against the three White men accused of killing a Black jogger, the final guilty verdicts, and a mother's pursuit of the truth of what happened to her son.
News crew security guard dies after being shot during attempted robbery
Kevin Nishita was an armed guard for Star Protection Agency and provided security for television news crews who are often targeted by robbers for their equipment.
Politics
More Politics
Fauci warns of "potential" for new COVID-19 wave
Fauci's comments come as the world scrambles to contain the new Omicron variant discovered in South Africa.
Transcript: Dr. Anthony Fauci on "Face the Nation"
The following is a transcript of an interview with Dr. Anthony Fauci, chief medical adviser to President Biden, airing on Sunday, November 28, 2021, on "Face the Nation."
Interior Dept recommends raising price to drill on public lands
But the report doesn't recommend banning drilling on public lands.
U.S. restricting travel from southern Africa over COVID variant
The travel restrictions begin Monday.
Steve Bannon asks court to deny request to shield records in his case
Bannon has pleaded not guilty to contempt of Congress charges.
Health
More Health
Hopes and concerns over a new Alzheimer's drug
The FDA's recent approval of a new drug, Aduhelm, to clear the formation of amyloid plaques in the brain is potentially good news for the six million Americans who suffer from Alzheimer's disease. But the drug's approval process has stirred controversy.
Poll: Lifestyle main factor in determining longevity, Americans say
But most would not want to live forever if they could.
New York Islanders games postponed amid COVID-19 outbreak
Eight players on the team are currently under the NHL's COVID-19 protocol.
Fauci says he "would not be surprised" if new COVID variant is in U.S.
"When you have a virus like this, it almost invariably is ultimately going to go essentially all over," Fauci said.
U.K. tightens COVID rules after 2 cases of new variant reported in Britain
The health secretary said the two people are self-isolating alongside their households while contact tracing and targeted testing takes place.
MoneyWatch
More MoneyWatch
Dow plunges 1,000 points on new COVID-19 variant fears
Investors spooked by highly contagious coronavirus strain, with the U.S. imposing flight restrictions on affected countries.
Pfizer testing its vaccine against new COVID-19 strain
Drugmaker said it could develop a vaccine for the Omicron variant in 100 days, but government clearance could take longer.
Unionized workers fight for better pay in post-pandemic economy
"Workers definitely have more labor market leverage because employers need to hire," said one expert.
Black Friday sales on track for record high
Holiday sales in November and December could top $200 billion, according to a forecast from Adobe.
Here's why billions of charitable dollars go unused every year
The more people who know about donation-matching programs offered by employers, the more they will be utilized.
World
More World
U.K. tightens COVID rules after 2 cases of new variant reported in Britain
The health secretary said the two people are self-isolating alongside their households while contact tracing and targeted testing takes place.
World scurries to contain new COVID "variant of concern"
A host of countries are imposing restrictions on southern African countries in response to warnings over the transmissibility of the new variant.
NATO chief warns Russia of 'costs' if it moves on Ukraine
Russia annexed Ukraine's Crimean Peninsula in 2014.
World Health Organization calls new COVID strain a "variant of concern"
The U.S. moved to ban travelers from eight African countries in the wake of the announcement.
New COVID variant sparks travel bans and an anxious wait for data
South African scientists were quick to detect and report the strain, but it's been detected in 3 other nations. Full analysis will take weeks, but some countries are already banning flights.
Entertainment
More Entertainment
John Wilson on how to become a TV sensation
The New York filmmaker, host of HBO's critically-acclaimed series, "How To with John Wilson," talks about creating his pseudo instructional videos that he says are like nature documentaries about contemporary life.
How John Wilson makes his acclaimed "How To" videos
New York filmmaker John Wilson, host of HBO's critically-acclaimed series, "How To with John Wilson," talks with "Sunday Morning" contributor Kelefa Sanneh about creating his pseudo instructional videos that, he says, are like nature documentaries about contemporary life, capturing New Yorkers at their most unguarded.
Lessons from Stephen Sondheim, the teacher
Correspondent (and pianist) David Pogue remembers the advice given him by the musical theater giant.
Stephen Sondheim as mentor
Correspondent (and pianist) David Pogue remembers the advice given him by the musical theater giant.
Pat Benatar and Neil Giraldo's rock & roll love story
One of rock's most enduring couples talks about their 40-year-marriage and creative partnership, which has sold 36 million albums, recorded 15 Top 40 hits, and won four consecutive Grammys, and is still going strong.
Technology
More Technology
Technology
Anti-consumerism sentiment grows worldwide
A growing number of people are protesting the holiday shopping season, arguing glutinous consumerism is creating environmental and social challenges. CBSN's Lana Zak spoke with senior content writer and style editor for Thred Media, Sofia Phillips, about the movement.
Supply chain issues to affect holiday shopping season
The backlog in the U.S. supply chain is going to cost consumers more money and make some gifts harder to find this holiday season. Keesa Schreane, global partner director at the London Stock Exchange Group, spoke with Christina Ruffini on CBSN about how long these issues are expected to last.
NASA mission tests asteroid defense plan
NASA launched a spacecraft toward an asteroid, hoping to redirect it before it threatens Earth. Mark Strassmann has the details.
Biden applauds unemployment dip to 52-year low
President Biden touted the drop in first-time unemployment benefit claims to a 52-year low, though he faces other economic problems like rising prices and supply chain issues amid speculation on a possible second term. Sabrina Rodríguez, national political correspondent for Politico, joins CBSN to discuss the news from the White House.
Samsung to build a new semiconductor facility in Texas
The $17 billion chip factory is largest U.S. investment ever by the South Korean electronics giant, it said.
Science
More Science
The oldest trees on Earth
The gnarled bristlecone pines that have taken root high atop the remote, rocky slopes of California's White Mountains are the longest-lived individual trees on the planet – and they have secrets to share.
The world's oldest trees
The twisting bristlecone pines that have taken root high atop the remote, rocky slopes of California's White Mountains are the longest-lived individual trees on the planet. Correspondent Conor Knighton looks into the secrets these trees can tell us about history, the climate, and our possible future.
Biden promotes small businesses amid drop in stocks
Despite some concerns about the Omicron variants impact on an already fragile stock market, President Biden said he's not at all worried about the possible fall. Weija Jiang updates.
The latest on Omicron variant
Health officials are working to learn more about the new Omicron COVID-19 variant. Michael George speaks with CBS News chief medical morrespondent Dr. Jon Lapook about what is known and what can be expected.
Omicron variant prompts new restrictions
The emergence of the new Omicron COVID-19 variant has countries reimposing some restrictions to limit the spread. Travel is also being limited once again. Debora Patta has more from South Africa where the variant was first detected.
Crime
More Crime
Defense attorney brings up Colonel Sanders in attempt to save his client
Kevin Gough, William "Roddie" Bryan's lawyer, raises eyebrows with an unusual comment.
Ahmaud Arbery's mother fulfills promise: "I will get justice"
Inside the trial against the three White men accused of killing a Black jogger, the final guilty verdicts, and a mother's pursuit of the truth of what happened to her son.
News crew security guard dies after being shot during attempted robbery
Kevin Nishita was an armed guard for Star Protection Agency and provided security for television news crews who are often targeted by robbers for their equipment.
New book details life after synagogue shooting
Over the last three years, the Jewish community in the Squirrel Hill neighborhood of Pittsburgh has come to rely on hope. In October of 2018, 11 Jews were murdered while worshipping in a local synagogue. The horrific attack is the subject of a new book, “Squirrel Hill: The Tree of Life Synagogue Shooting and the Soul of a Neighborhood.” Author Mark Oppenheimer spoke to Dana Jacobson about how the entire community rallied, illuminating the idea of hope, to overcome the darkness of hate.
String of brazen thefts in California continues at Los Angeles Nordstrom
There were no immediate arrests in the brazen theft at a Los Angeles Nordstrom Wednesday night.
Space
More Space
NASA moves ahead with December launch for Hubble successor
NASA cleared engineers to begin fueling the $10 billion James Webb Space Telescope for launch December 22.
Russian docking module launched to space station
The module will use a Russian "space tug" to rendezvous with the space station Friday.
NASA launches spacecraft to deflect asteroid
On Wednesday morning, NASA launched DART, a spacecraft designed to smash into an asteroid to deflect its course. Mark Strassmann reports on the groundbreaking planetary defense mission.
SpaceX sends NASA craft on collision course with asteroid
The DART mission is intended to test the feasibility of one day deflecting a threatening asteroid.
Alan Shepard's daughter and GMA's Michael Strahan to fly in space
The New Shepard flight in December will be Blue Origin's third with passengers and its first with a crew of six.
Latest Galleries
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Patrick De La Cerda murder: Inside the case
In 2018, the Deltona, Florida, man was newly engaged and planning for his wedding until he was tragically gunned down at his home.
It's been 50 years since the infamous Attica prison riot
Inmates held some 36 hostages for five days. And that was just the beginning
Mallory Beach death: Inside the boat crash that killed S.C. teen
In February 2019 a fatal boat crash took the life of the teen when friend Paul Murdaugh allegedly drunkenly crashed his family's boat. In 2021, after Paul was murdered, investigators began to take a closer look at the Murdaugh family.
The best holiday movies, ranked (and where you can stream them)
Ring in the holiday season by streaming these festive films.
Linda O'Keefe murder: Inside the investigation
Newport Beach Police give 11-year-old Linda O'Keefe a voice on Twitter hoping to solve her cold case 45 years later.
Latest Videos
More Latest Videos
Latest Videos
Being Different in the Delta
A new episode of CBSN Originals' Reverb series explores the history of anti-Asian racism in Mississippi's Delta region and a new generation that's demanding change.
Nature: Ancient trees
"Sunday Morning" takes us to the Ancient Bristlecone Pine Forest – trees that date back thousands of years – at Inyo National Forest in California's White Mountains. Videographer: Lee McEachern.
How John Wilson makes his acclaimed "How To" videos
New York filmmaker John Wilson, host of HBO's critically-acclaimed series, "How To with John Wilson," talks with "Sunday Morning" contributor Kelefa Sanneh about creating his pseudo instructional videos that, he says, are like nature documentaries about contemporary life, capturing New Yorkers at their most unguarded.
The Trials of Critical Race Theory
A new episode of CBSN Originals' Reverb series examines the backlash to so-called critical race theory in schools and the impact on students and teachers.
Stephen Sondheim as mentor
Correspondent (and pianist) David Pogue remembers the advice given him by the musical theater giant.