Bitcoin price reaches $100,000 mark for first time ever
This comes just two years after Bitcoin's price dropped below $17,000 following the collapse of crypto exchange FTX.
Bitcoin
Bitcoin price crosses $100,000 threshold
A massive rally sparked by Donald Trump's election has pushed Bitcoin, the world's most popular cryptocurrency, across the $100,000 mark for the first time. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Bitcoin hovers around $100,000 as post-election rally rolls on
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
What inflation data means for consumers
The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on what it means for consumers.
Why Bitcoin surged after Trump's 2024 win
Following former President Donald Trump's 2024 election victory, Bitcoin stock has been surging in the U.S. Axios crypto reporter Brady Dale explains why, and what Trump plans to do.
Bitcoin surge as Trump transition begins
Bitcoin is surging and some are attributing it to former President Donald Trump winning a second term in the White House. CBS News' Kelly O'Grady has more on what a pro-crypto Trump presidency could look like.
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.
The rise of crypto voters
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.
Trump's big cryptocurrency bet
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?
Is Trump trying new campaign strategies?
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.
Cryptocurrency is making lots of noise, literally
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.
A bitcoin halving is imminent. Here's what that means.
In the next day or two, bitcoin is expected to go through a preprogrammed event that will cut new production of the cryptocurrency.
Why are gold prices suddenly rising?
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 in recovery mode after some customers saw $0 in their accounts
Coinbase assures customers their funds remain safe despite glitch that affected accounts and affected trading.
Online pastor accused of hawking $3.2 million in "worthless" crypto
Colorado securities regulators allege Pastor Eli Regalado "peddled outlandish promises of wealth" to other Christians.
SEC approves Bitcoin exchange-traded funds
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 ETC win SEC approval
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.
The SEC just approved spot bitcoin ETFs. Here's what investors should know.
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 hasn't cleared bitcoin ETFs as agency says its X account was hacked
SEC Chair Gary Gensler said a hacker posted an unauthorized tweet falsely stating that the agency had approved spot bitcoin ETFs.
Bitcoin rallies to highest value in 19 months
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.
The crypto biz is in the dumps. So why is bitcoin suddenly flying high?
Despite the woes of companies like FTX and Binance, bitcoin prices have surged 150% this year to top $40,000. Here's why.
Possible witnesses at Bankman-Fried trial
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.
Texas paid bitcoin miner $31 million to cut energy use during heat wave
To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.
Crypto stocks jump
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.
Cryptocurrency ATM scam warning
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.
Federal Reserve raises interest rates for the first time since 2023
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by surging energy prices.
Exclusive
Photos show widespread damage at U.S. positions caused by Iranian attacks
The images were sent to CBS News by active service members under condition of anonymity.
Patrick Clancy in his own words, only on 60 Minutes
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.
Exclusive
Family blames Texas' "merciless" abortion ban for woman's death, sues Paxton, others
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
First on CBS
White House chief of staff Susie Wiles says she's cancer-free
White House chief of staff Susie Wiles had a medical procedure at the Mayo Clinic earlier this week, CBS News first reported.
House votes to hold Leon Black in contempt of Congress in Epstein probe
The committee accused Black of defying subpoenas as part of its investigation into the late Jeffrey Epstein.
Live
House speaker declares Iran nuclear issue "taken care of"
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
AI doesn't have rights or feelings, Microsoft's AI chief says
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
Senate Democrats meet with El-Sayed, rallying around Michigan nominee
Michigan Democratic Senate candidate Abdul El-Sayed met with Senate Democrats as they look to rally around his candidacy in the final sprint to November's election.
House votes to hold Leon Black in contempt of Congress in Epstein probe
The committee accused Black of defying subpoenas as part of its investigation into the late Jeffrey Epstein.
First on CBS
White House chief of staff Susie Wiles says she's cancer-free
White House chief of staff Susie Wiles had a medical procedure at the Mayo Clinic earlier this week, CBS News first reported.
MoneyWatch
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AI doesn't have rights or feelings, Microsoft's AI chief says
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
Federal Reserve raises interest rates for the first time since 2023
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
Amazon raises starting pay to $20 an hour and adds Whole Foods perks
Amazon said it is increasing its minimum pay for operations workers by $1 an hour and adding grocery discounts for all U.S. employees.
Own a car? You're getting socked by higher prices, and not only for gas
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
OpenAI backs measure that would require independent audits of AI models
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
Politics
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Feds paid $9.5 billion in leave costs in 2025 due to DOGE buyout
According to a Government Accountability Office (GAO) report published Tuesday, the use of paid administrative leave increased by 435% from 2023 to 2025.
Senate Democrats meet with El-Sayed, rallying around Michigan nominee
Michigan Democratic Senate candidate Abdul El-Sayed met with Senate Democrats as they look to rally around his candidacy in the final sprint to November's election.
House votes to hold Leon Black in contempt of Congress in Epstein probe
The committee accused Black of defying subpoenas as part of its investigation into the late Jeffrey Epstein.
First on CBS
White House chief of staff Susie Wiles says she's cancer-free
White House chief of staff Susie Wiles had a medical procedure at the Mayo Clinic earlier this week, CBS News first reported.
House cutting week short before adjourning until after midterms
House Speaker Mike Johnson canceled votes in the chamber that were planned for Thursday ahead of a six-week recess.
HealthWatch
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How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
Pennsylvania woman dies of measles complications, coroner reports
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
World
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Village votes to leave U.K. in symbolic protest of plan to house asylum seekers
Residents of Piddington voted overwhelmingly to leave the United Kingdom in a symbolic referendum over plans to house asylum seekers nearby.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Is the U.S. and China's mutual distrust the biggest risk as AI evolves?
Analysts tell CBS News that as the U.S. and China race for AI supremacy, they risk driving all of humanity "off a cliff."
U.S. adds sanctions on South Africa, alleging discrimination against White people
The Trump administration has announced that it will impose travel bans on officials it claims are responsible for discrimination against White people and other minority groups in South Africa.
Entertainment
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Entertainment
Ed Sheeran speaks out on Macklemore decision
Ed Sheeran spoke out Tuesday after facing backlash for dropping Macklemore from his tour following the rapper's pro-Palestinian statements onstage. Shanelle Kaul reports.
Ed Sheeran breaks silence amid controversy
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Ed Sheeran's supporting acts pull out of tour after Macklemore was dropped
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Food & Wine unveils list of "Best New Chefs"
Food & Wine reveals its list of "Best New Chefs" this week. One of those talents is Masako Morishita of Perry's Restaurant in Washington, D.C., who joins to discuss her career move from NFL cheerleader to D.C. food icon and share one of her favorite recipes.
Elin Hilderbrand and daughter on latest book
Elin Hilderbrand, who wrote hit summer reads like "The Perfect Couple" and "28 Summers," joins "CBS Mornings" with her daughter Shelby Cunningham to discuss the latest book in their co-written The Academy Series, titled "The Thoroughbreds."
Technology
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AI doesn't have rights or feelings, Microsoft's AI chief says
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
AI is making it easier for adversaries to target U.S. military, experts say
An Iran-linked adversary used Claude AI to try to target U.S. naval forces, Anthropic revealed in a recent report.
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.
Is the U.S. and China's mutual distrust the biggest risk as AI evolves?
Analysts tell CBS News that as the U.S. and China race for AI supremacy, they risk driving all of humanity "off a cliff."
OpenAI chief on tech safety efforts
Chris Lehane, the chief global affairs officer for OpenAI, joins "CBS Mornings" to discuss recent tech leaders' efforts to address AI safety and regulations.
Science
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Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Crime
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Crime
Lindsay Clancy hires new lawyer for retrial
Lindsay Clancy has hired Martin Weinberg, one of Karen Read's attorneys, as she faces a retrial for the killings of her three children. CBS News' Shanelle Kaul has more.
Family blames abortion ban for woman's death
Tierra Walker, 37, died of preeclampsia when she was 20 weeks pregnant. Her family filed a lawsuit against Texas Attorney General Ken Paxton and other doctors, alleging that the state's abortion ban led to her death. CBS News' Jericka Duncan reports.
Navy vet's murder solved after suspect who gave DNA dies by suicide
A veteran's 1987 murder has been solved, after the now-deceased suspect's DNA matched evidence at the scene of the killing, authorities said.
Georgia execution delayed for hearing under new law that may reduce sentence
A Georgia judge has put an execution on hold to allow time for a hearing on whether the sentence should be reduced under a new state law that lets victims of abuse have their sentences reconsidered.
Man arrested for alleged ISIS plot
A 21-year-old Pennsylvania man has been arrested for allegedly plotting what could have been a "mass casualty attack" inspired by ISIS, federal officials say. CBS News' Anna Schecter has more.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
Latest Galleries
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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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
Dow tumbles after first rate hike since 2023
The Dow Jones closed down around 1.2% on Wednesday after the Federal Reserve announced its first interest rate increase since July 2023. CBS News' Kelly O'Grady and Aaron Navarro report.
Susie Wiles announces she's cancer-free
White House chief of staff Susie Wiles says she's cancer-free after being diagnosed with breast cancer in March. CBS News' Ed O'Keefe reports.
Watch: Fed chair Kevin Warsh takes questions
Federal Reserve chair Kevin Warsh spoke to reporters Wednesday after interest rates were raised by 0.25 percentage points, the first raise since 2023.
U.S. deploys first space-based weapon
The U.S. has deployed its first space-based weapon, the Air Force says. Tara Copp, a national security correspondent for The Washington Post has more.
Potential cyberattack on Texas-bound tanker
Coast Guard personnel and FBI agents boarded a Texas-bound commercial oil tanker last month in the Atlantic after finding the ship's network may have been compromised by a foreign actor, the Coast Guard said Tuesday. CBS News' Nicole Sganga reports.