Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
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Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
A new bloc of voters is emerging and they could sway the 2024 race. With one in five Americans owning cryptocurrency, this group's preferences could have an impact in battleground states. MoneyWatch correspondent Kelly O'Grady explains how.
Former President Donald Trump, who once called bitcoin "a scam," is now pitching himself as the pro-crypto presidential candidate. So what's fueling this change and how is the crypto industry reacting?
Former President Donald Trump tried out new attacks against Vice President Kamala Harris and the SEC's leadership during his campaign events over the weekend. CBS News campaign reporter Olivia Rinaldi has more.
The peace and quiet of rural Bono, Arkansas, has been shattered by a loud and incessant mechanical buzzing sound created by a bitcoin mine. Residents are HODL.
In the next day or two, bitcoin is expected to go through a preprogrammed event that will cut new production of the cryptocurrency.
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
Coinbase assures customers their funds remain safe despite glitch that affected accounts and affected trading.
Colorado securities regulators allege Pastor Eli Regalado "peddled outlandish promises of wealth" to other Christians.
The U.S. Securities and Exchange Commission approved 11 exchange-traded funds, or ETFs, tied to the price of Bitcoin. CBS News' Jo Ling Kent reports from Washington, D.C.
Bitcoin fund trading is underway for the second day following the SEC's approval of the first U.S.-listed exchange-traded funds tied to the cryptocurrency. The move offers investors exposure to the world's largest cryptocurrency without directly holding it. Eric Balchunas, senior ETF analyst at Bloomberg, joined CBS News to discuss what this all means.
Major financial firms such as BlackRock and Fidelity are lining up to offer spot bitcoin ETFs for the first time following SEC approval. Here's what investors should know.
SEC Chair Gary Gensler said a hacker posted an unauthorized tweet falsely stating that the agency had approved spot bitcoin ETFs.
Bitcoin's price soared above $41,000 Monday, giving the cryptocurrency its highest valuation in a year and a half and putting it up 150% for the year. There's still a way to go before Bitcoin matches its 2021 high of $69,000. Laila Maidan, investing correspondent at Insider, joined CBS News to talk about Bitcoin's market rebound.
Despite the woes of companies like FTX and Binance, bitcoin prices have surged 150% this year to top $40,000. Here's why.
Some of Sam Bankman-Fried's former co-workers at FTX are expected to testify against him at his fraud trial. CBS News legal analyst Rikki Klieman explains the latest on the case.
To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.
The Dow Jones closed Tuesday in the green, as investors await reports on the March consumer and producer price indexes. Axios Business reporter Nathan Bomey spoke with Lana Zak and Lilia Luciano about how the information could impact future interest rate hikes.
One of the nation's largest cryptocurrency ATM companies is accused of financial crimes targeting vulnerable people. Authorities say Bitcoin of America profited off of unlicensed crypto kiosks in Ohio that were used to scam victims out of millions. Jericka Duncan reports.
The country has approximately 32,000 crypto ATMs and kiosks that appear like traditional ATMs but instead convert cash into digital cryptocurrency.
People duped by the complex scheme say they were lured by misleading advertising and, in many cases, trusted acquaintances who'd been fooled themselves.
Iran has embraced cryptocurrency as a means to avoid international sanctions and make more money. Eric Lob, a non-resident scholar with the Middle East Institute's Iran program and an associate professor at Florida International University, joins CBS News to discusses his research.
Rep. Stephen Lynch of Massachusetts joined “Red and Blue” to weigh in on the collapse of cryptocurrency exchange FTX, and whether there is a need for more regulation in the cryptocurrency industry. He also discussed efforts to avert a looming government shutdown.
Cryptocurrency firm BlockFi has filed for Chapter 11 bankruptcy protection following the collapse of FTX. BlockFi listed FTX as its second largest creditor, but expects any recoveries to be delayed. Duke University professor Sultan Meghji, former chief innovation officer for the Federal Deposit Insurance Corporation, joins CBS News to discuss.
The first bankruptcy hearing for collapsed crypto-currency exchange FTX revealed information on the firm's finances and its losses in billions of dollars. Wall Street Journal reporter Alexander Saeedy joins CBS News to talk about the first day in court.
The White House shared video showing a different angle of Renee Good's shooting by an ICE agent in Minneapolis and the moments that led up to it.
Prosecutors in the Justice Department's Civil Rights Division were told they will not play a role in the investigation into a fatal shooting of a Minnesota woman by an ICE officer, two sources said.
President Trump met with oil industry executives at the White House as a U.S. delegation visited Venezuela.
Iran's Supreme Leader Ayatollah Ali Khamenei strikes a defiant tone against the U.S. after a night of massive anti-government protests.
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Veteran diplomat tells CBS News Denmark "ready to cooperate" on Greenland, and he expects U.S. to abandon "anachronistic approach of colonialism" post-Trump.
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
Minneapolis is reeling after an ICE agent fatally shot a woman on the city's south side Wednesday morning.
A federal judge has temporarily blocked HHS from halting $10 billion in social services funding to five states, a move the agency argued was necessary to crack down on fraud — but the states called unconstitutional.
U.S. Agriculture Secretary Brooke Rollins said on Friday that she is suspending payments on all active and future awards from the USDA to Minnesota amid the long-running fraud scandal in which the White House has alleged a misuse of federal funds.
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
A badly damaged Chevy that turned heads across South Bend sparked an unexpected act of generosity.
In October, President Trump announced that he had called off a plan to "surge" federal agents to San Francisco.
U.S. Treasury Secretary Scott Bessent announced the creation of a new IRS task force and other measures to combat fraud, underscoring the Trump administration's focus on Minnesota amidst the immigration crackdown.
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Midsize cities like Pittsburgh and Columbia, South Carolina, offer some of the best employment prospects, analysis finds.
The White House said it will review its protocols for releasing economic data after President Trump's "inadvertent public disclosure."
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
U.S. Agriculture Secretary Brooke Rollins said on Friday that she is suspending payments on all active and future awards from the USDA to Minnesota amid the long-running fraud scandal in which the White House has alleged a misuse of federal funds.
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
In October, President Trump announced that he had called off a plan to "surge" federal agents to San Francisco.
Prosecutors in the Justice Department's Civil Rights Division were told they will not play a role in the investigation into a fatal shooting of a Minnesota woman by an ICE officer, two sources said.
A federal judge has temporarily blocked HHS from halting $10 billion in social services funding to five states, a move the agency argued was necessary to crack down on fraud — but the states called unconstitutional.
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
The media superstar, who has struggled with weight for much of her life, and a Yale School of Medicine doctor team up for a book that examines the biology of obesity, offering a new way forward.
Health and Human Services Secretary Robert F. Kennedy Jr. claimed there is "no scientific evidence" the flu vaccine prevents hospitalizations or death in children, despite previous CDC guidance.
The new dietary guidelines recommend limits on added sugars and mention gut health. Here's what to know.
A new study found potential health concerns with the drinking water on some airlines where you might order coffee or tea. The review was of airplane drinking water stored in onboard tanks, not bottled products. Of the 10 major airlines, Delta scored best, while JetBlue and American were the bottom two carriers.
President Gustavo Petro responded to President Trump's comment that he expected U.S. oversight of Venezuela to last "much longer" than a year.
The woman was identified as 56-year-old Arlene Lillis of Minnesota.
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
The co-owner of the fire-gutted Swiss ski resort bar where 40 mostly teenage New Year revelers were killed in a fire has been held in custody.
The faceoff took place on a street in the capital after the suspect "and the dead man agreed to fight each other," police said.
The comic sold for 10 cents when it came out in 1938, and introduced the world to Superman.
The drama and deceit of the Emmy-winning reality show "The Traitors" returns in season four with a star-studded cast. Anthony Mason got a behind-the-scenes look at the show with host Alan Cumming.
Academy Award winner Holly Hunter is starring in the new Paramount+ original series "Star Trek: Starfleet Academy" as the Star Trek franchise marks its 60th anniversary. She talks with CBS Mornings about the series and being part of the Star Trek legacy.
Alan Jackson, who famously won an acquittal in the murder trial of Karen Read and represented disgraced film mogul Harvey Weinstein, did not explain his decision to withdraw.
The funeral for Brigitte Bardot was private, but hundreds poured into the streets of Saint-Tropez to pay their respects to an icon of the 1960s silver screen.
In his new book "Spies, Lies, and Cybercrime," former FBI Counterintelligence Operative Eric O'Neill describes the art of outsmarting cybercriminals and protecting your data and wallet. O'Neill spoke with CBS News' Major Garrett about steps people can take to stay safe online.
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
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.
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
Millions of Americans who use Gmail are getting a new package of tools, driven by artificial intelligence. Google says it's trying to make Gmail more like a personal assistant as it brings more of its Gemini AI to your inbox with three updates. The changes come with some privacy concerns. Jo Ling Kent explains.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
U.S. Treasury Secretary Scott Bessent announced the creation of a new IRS task force and other measures to combat fraud, underscoring the Trump administration's focus on Minnesota amidst the immigration crackdown.
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson more than a year ago, was back in a New York courtroom on Friday. Mangione's lawyers asked a federal judge to drop two of his four federal charges. CBS News legal reporter Katrina Kaufman has more.
Vice President JD Vance posted a video on X that appears to show Renee Good's last words to immigration agents before an ICE officer shot and killed her in Minneapolis, Minnesota. CBS News' Ash-har Quraishi reports.
Vice President JD Vance addressed journalists at the White House press briefing on Thursday and commented on the deadly shooting involving an ICE officer in Minneapolis. CBS News' Olivia Rinaldi has more on Vance's comments.
Minneapolis Mayor Jacob Frey held a press conference on Friday and called for transparency from federal agencies that have taken over the investigation into the Renee Good shooting. Frey also slammed comments from Trump administration officials about the incident. CBS News' Ash-har Quraishi reports.
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
Four crew members aboard the International Space Station will be brought home more than a month early in the coming days as NASA cuts its mission short due to health concerns. NASA says the ailing astronaut is stable and while it is not an emergency, weeks more in space are not in the best interest of their health.
The crew at the International Space Station will return home early because of what NASA is calling a medical concern with a crew member. CBS News space consultant Bill Harwood has more details.
NASA on Thursday postponed a scheduled spacewalk on the International Space Station due to a "medical concern." CBS News space consultant Bill Harwood has more.
A planned spacewalk outside the International Space Station was scrapped because of what NASA called a "medical concern" with an unidentified crew member.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A badly damaged Chevy that turned heads across South Bend, Indiana, sparked an unexpected act of generosity. Steve Hartman has the story "On the Road."
The Trump administration says it is creating a new division at the Department of Justice to crack down on what the White House calls "rampant and pervasive" fraud across the U.S. CBS News reporter Andres Gutierrez has more.
Jacques and Jessica Moretti, the couple who owns the Swiss ski resort bar where a deadly inferno broke out on New Year's Eve, were grilled by prosecutors for about six hours Friday. Jacques was then detained after he was deemed a flight risk. Ramy Inocencio has the latest.
The U.S. military seized a fifth oil tanker linked to Venezuela. It comes as President Trump met with oil executives about investing in Venezuela's oil industry. Nancy Cordes and Charlie D'Agata have more.
Newly obtained cellphone video taken by the Immigration and Customs Enforcement agent involved in the fatal shooting of Renee Nicole Good in Minneapolis shows a different angle of the encounter and the moments leading up to the shooting. Matt Gutman reports.