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.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
The special edition locket was inspired by the James Bond film "Octopussy," which revolves around a plot to steal a rare Faberge egg.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Officials have said that jaguar breeding in the U.S. has not been documented in more than a century.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
At least 87 people have been killed since the vessel strikes began in early September.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Job cuts so far this year are at their highest levels since 2020, new report says.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
At least 87 people have been killed since the vessel strikes began in early September.
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
The holiday season can be a wonderful, but also stressful time – filled with unrealistic expectations. A recent poll found 41% of adults anticipate more holiday stress this year. Psychiatrist Dr. Sue Varma has tips to unwind during the holidays.
As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.
The special edition locket was inspired by the James Bond film "Octopussy," which revolves around a plot to steal a rare Faberge egg.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
At least 87 people have been killed since the vessel strikes began in early September.
The United Kingdom and Norway have signed a pact to create a naval alliance in the North Atlantic, aimed at protecting undersea cables and hunting Russian submarines.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Lucy Liu talks about starring in and producing the movie "Rosemead," why she says the story resonates universally and reflecting on personal experiences for the film.
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
Grammy winning DJ and producer Kaytranada has become one of the most influential voices in dance and electronic music, and has collaborated with top artists. He spoke with "CBS Mornings" about his latest album, touring and his journey in music.
Actor and comedian Richie Moriarty talks with "CBS Mornings" about the fifth season of the comedy series "Ghosts," what's next for his character and how the cast has bonded.
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
Google has released its list of the 2025 top search trends. Robert Ferrera, a Google Trends expert, joins CBS News with more.
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.
India's government, amid an uproar over privacy, has revoked an order quietly issued to smartphone makers to pre-install a state-run security app.
OpenAI has declared a "code red" as Google threatens to unseat the AI industry's early leader, according to the Wall Street Journal. Technology journalist Jacob Ward joins CBS News to discuss.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
The Pentagon announced another strike against an alleged drug-carrying boat in the eastern Pacific Ocean. This comes as lawmakers react to a classified briefing on the controversial Sept. 2 strikes targeting a vessel near Venezuela. CBS News' Nikole Killion reports.
The special edition locket was inspired by the James Bond film "Octopussy," which revolves around a plot to steal a rare Faberge egg.
Newly unsealed evidence sheds light on Luigi Mangione's arrest at a Pennsylvania McDonald's. CBS News legal reporter Katrina Kaufman has the details.
Luigi Mangione's pretrial hearing continued on Thursday, one year after UnitedHealthcare CEO Brian Thompson was killed. CBS News legal reporter Katrina Kaufman has more.
A suspect is in custody nearly five years after two pipe bombs were planted in Washington, D.C., the night before the Jan. 6 Capitol riot. Attorney General Pam Bondi said 30-year-old Brian Cole Jr. was arrested in Virginia on Thursday morning. CBS News' Anna Schecter has more.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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.
The Pentagon announced another strike against an alleged drug-carrying boat in the eastern Pacific Ocean. This comes as lawmakers react to a classified briefing on the controversial Sept. 2 strikes targeting a vessel near Venezuela. CBS News' Nikole Killion reports.
On the one-year mark of the fatal shooting of UnitedHealthcare CEO Brian Thompson on a New York City sidewalk, a hearing was held to determine what evidence is admissible in the trial of his accused killer, Luigi Mangione. Alice Gainer reports.
A northern Virginia man was arrested and accused of placing two pipe bombs outside the Democratic National Committee and Republican National Committee headquarters on the eve of the Capitol riot on Jan. 6, 2021. Scott MacFarlane has details.
An early season Arctic blast sent shivers through the Midwest and Northeast as temperatures tumbled far below normal. Lana Zak reports and Lonnie Quinn has the forecast.
For most of his life, Ed Bambas worked toward his American dream. But in 2019, at 82, he found himself doing what most retirees never imagine: going back to work. That was, until a stranger approached him with a question. Tom Hanson has the story.