HSBC uses quantum computing to achieve "world-first" in bond trading
The London-based bank said it used a combination of classical computing and quantum computing to deliver a 34% improvement in algorithmic bond trade predictions.
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The London-based bank said it used a combination of classical computing and quantum computing to deliver a 34% improvement in algorithmic bond trade predictions.
Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
The Dow Jones dropped more than 800 points on Wednesday. Paul La Monica, senior writer for Barron's, joins CBS News to examine what's behind the selloff.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
President Trump had brushed off the stock market's plunge, but turmoil in the bond market got his administration's attention.
The stock market reacted favorably to news of former President Donald Trump winning the 2024 presidential election. CBS News MoneyWatch correspondent Kelly O'Grady breaks down how the U.S. economy is at the core of the election results.
The markets are reacting to former President Donald Trump's presidential election win after his 2024 race against Vice President Kamala Harris. CBS News business analyst Jill Schlesinger has more.
As the October 7, 2023, attack approaches the one-year mark, one group in the U.S. is working to build bonds between Muslims and Jews in America. CBS News' Roxana Saberi has more.
JKBX, a music investing startup, is offering the public a chance to buy securities backed by music streaming royalties. Alexander Osipovich, a reporter who covers financial markets for The Wall Street Journal, joins CBS News with a look at the new investment offer.
If you're looking to grow your 401(k) you may need to keep an eye on it more than usual this year as an unsettled market presents opportunities. Bourree Lam, an author of The Wall Street Journal book "The New Rules of Money," joined CBS News to talk about ways to increase your retirement fund.
The interest rate on Series I savings bonds now tops 5%, although as investments they're not right for everyone.
Some reactionary moves are evident in the markets as the war between Israel and Hamas continues. Eric Wallerstein, a markets reporter for The Wall Street Journal, joined CBS News and explained that gold, which he said is "a haven from turmoil," is having its best week since March.
Traditional investing advice calls for 60% of your portfolio invested in stocks and 40% in bonds. However, investors following the 60-40 rule have seen a 15% loss in 2022, complicating retirement savings for many Americans. The Wall Street Journal's Akane Otani joins CBS News to discuss the various strategies in investing for retirement.
Niche investment is exploding in popularity, with one finance pro calling it "the closest thing to a free lunch I've seen."
Eager investors crashed a Treasury's website last week, but if you missed your chance at a 9.6% return, all is not lost.
President Trump warned Iran that it would be "hit very hard," after calling for the country's "unconditional surrender."
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
Defense Secretary Pete Hegseth said the U.S. will confront "anything that shouldn't be happening, whether it's in public or back-channeled."
The White House called the gathering of Latin American leaders the "Shield of the Americas" summit.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Italian Archbishop Gabriele Caccia, 68, is currently the Holy See's ambassador to the United Nations in New York.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
The White House called the gathering of Latin American leaders the "Shield of the Americas" summit.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
A Pakistani business owner accused of trying to hire hit men to kill a U.S. politician has been convicted in a trial that showcased allegations of Iran-backed plotting on American soil.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
Ian Huntley, 52, had been on life support after being hit repeatedly over the head with a metal bar in a U.K. prison on Feb. 26.
"There must be no one in the military who harbors disloyalty to the (ruling Communist) Party," Xi said.
"CBS Saturday Morning" sits down with Morgan Neville, the director of "Man on the Run," a documentary about the life of Paul McCartney after the Beatles broke up.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Roses Fade" with Devon Gilfillian.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Blame It On the Moon" with Devon Gilfillian.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "All Night, Alright" with Taylor Hanson.
The Academy Award-winning actress and the bestselling writer team up for a courtroom thriller that touches on the lightning-rod issue of abortion.
Artificial intelligence promised to lighten the workload while increasing productivity. But as more people are using AI for work, a new study published in Harvard Business Review finds AI overuse could cause "brain fry." CBS News correspondent Lana Zak spoke with the study's lead author to unpack the findings.
The most recent government data shows nearly 28% of Americans live alone. The number has risen for decades, especially for older generations. Ash-har Quraishi shows simple tools that can provide extra security and protection for your aging loved ones.
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.
The CEO of Anthropic is apologizing for a leaked internal memo amid a feud with the Pentagon over its AI model. The memo criticized the Trump administration and OpenAI. It comes after the Defense Department declared Anthropic a supply chain risk or a possible security risk.
The Pentagon formally designated artificial intelligence firm Anthropic as a supply chain risk on Thursday amid their feud over AI guardrails. Yahoo Finance senior reporter Brooke DiPalma joins CBS News with more.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
Ian Huntley, 52, had been on life support after being hit repeatedly over the head with a metal bar in a U.K. prison on Feb. 26.
A manhunt for a triple murder suspect in Utah ended Thursday when Ivan Miller, 22, was arrested in Colorado. Here's what to know about the investigation.
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
Becky Lloyd, a neighbor and friend of Kouri Richins, who is accused of fatally poisoning her husband in 2022, testified at her trial on Thursday about conversations they had about Richins' marriage. Lloyd said Richins' told her, "In many ways it would be better if he [Richins' husband], if he were dead" in a serious tone. Richins denies killing her husband and has pleaded not guilty to charges.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
After nine years of reporting, 60 Minutes has uncovered new information about a device that may be linked to Havana Syndrome, mysterious brain injuries reported by U.S. government and military officials. 60 Minutes has new details about what sources say is a weapon built by a foreign adversary. Sunday.
Civil rights activist Bernard Lafayette, who helped organize the Selma Voting Rights Movement in the 1960s, died March 5, 2026, at age 85. In this 1980 "Sunday Morning" report by Ted Holmes, Lafayette, along with Bernice Reagon, E.D. Nixon and Ibisoto Ajamu, attended "Voices of the Civil Rights Movement," a reunion of civil rights organizers, song leaders and photographers held by the Smithsonian Institution in Washington, where the remembrances and songs of the movement were celebrated.
Iranian President Masoud Pezeshkian released a video apology to Iran's neighbors for the retaliatory strikes against Israel and U.S. bases in the Middle East, saying they will stop striking other Persian Gulf states unless attacked first. CBS News' Imtiaz Tyab has more from Doha.
The U.S. and Israel's war against Iran entered its eighth day, with ongoing strikes on Tehran. CBS News chief correspondent Matt Gutman has the latest from Tel Aviv.
Secretary of Defense Pete Hegseth told CBS News' Major Garrett that "no one's putting us in danger" over reports of Russia sharing intelligence with Iran in a 60 Minutes interview airing Sunday, March 8. CBS News national security contributor Samantha Vinograd has more.