U.S. stocks slump as investors continue to fret over Fed plans
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Watch CBS News
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
A lawyer for an Afghan refugee accused in the slayings of three Muslim men in Albuquerque has entered a not guilty plea on her client's behalf.
Polioviruses recently found the cities were mutated versions of viruses that originated in oral vaccines meant to stamp out the disease.
The move escalates political tensions in Pakistan as the ousted former prime minister holds rallies seeking to return to office.
Singapore's gay community says the government's plan is "a triumph of love over fear" but warned there's still a long way to equality.
At least 60 foreign workers who protested going months without pay were detained, and some were deported, an advocacy group says.
The drills could draw an angry response from North Korea, which has dialed up its weapons testing activity to a record pace.
Stocks ended the week lower on Wall Street, as investors look ahead to Fed chairman's annual Jackson Hole speech next week.
At least 33 others were wounded, police said. An eyewitness said the explosion was carried out by a suicide bomber.
China has announced more military drills around Taiwan as the island's president met with members of a new U.S. congressional delegation.
Walmart and Home Depot kick off a host of retail earnings reports on Tuesday, followed by Lowe's and Target.
"The momentum of economic recovery has slowed," a government spokesperson said.
Salman Rushdie's agent says the author is "on the road to recovery" two days after suffering serious injuries in a stabbing at a lecture in upstate New York.
A delegation of American lawmakers is visiting Taiwan just 12 days after a visit by House Speaker Nancy Pelosi that angered China.
Some of the heaviest rain in decades swamped South Korea's capital region, turning streets into car-clogged rivers and sending floods cascading into subway stations.
Taiwan says China's ongoing war games reveal Beijing's broader intentions to control the region.
Taiwan says China's military drills appear to simulate an attack on the self-ruled island after Chinese warships and aircraft crossed the median line of the Taiwan Strait following U.S. House Speaker Nancy Pelosi's visit to Taipei.
China is livid that the U.S. House speaker stopped on the island nation China claims as its own. It also conducted more military drills and sanctioned her.
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
The U.S. killing of al-Qaeda's leader has sparked further infighting among factions of the Taliban over how he'd been allowed to reside in Afghanistan's capital.
Pelosi visits Taiwan amid warnings of China retaliation; Ex-Laker puts championship rings up for auction for Ukraine
House Speaker Nancy Pelosi landed in Taiwan's capital of Taipei on Tuesday, arriving for a controversial stop on her tour of Asian countries that has become a flashpoint amid rising tensions between the U.S. and China. Adam Yamaguchi reports.
Tensions are rising with China as House Speaker Nancy Pelosi visits Taiwan's capital of Taipei. CBS News chief White House correspondent, Nancy Cordes has more on her visit. Then David Sacks, a research fellow at the Council on Foreign Relations, joins anchor Lana Zak to discuss the impact of Pelosi's trip.
House Speaker Nancy Pelosi has made her controversial visit to Taiwan despite threats from the Chinese government. CBS News' David Begnaud and Debra Alfarone speak with CBS News chief White House correspondent Nancy Cordes and CBS News contributor Isaac Stone Fish on the implications of this closely watched trip.