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 indicated the Iran war may wrap up "very soon" and he could abandon efforts to force Iran to reopen the Strait of Hormuz, as the war pushes U.S. gas prices over $4.
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
A federal judge has temporarily blocked the Trump administration's construction of a 90,000-square-foot ballroom to replace the White House's East Wing,
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
Tiger Woods announced Tuesday that he's "stepping away for a period of time to seek treatment" after pleading not guilty to charges including driving under the influence.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
Tiger Woods announced Tuesday that he's "stepping away for a period of time to seek treatment" after pleading not guilty to charges including driving under the influence.
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
Jamie Dimon told "CBS Evening News" anchor Tony Dokoupil that "what's more important for the future of the world is that this war successfully conclude."
A federal judge directed the Trump administration to restore the legal status of migrants allowed into the U.S. under a now-defunct Biden administration program for asylum-seekers who arrived at the southern border.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
Nicknamed the "God Squad" by groups who say it can decide a species' fate, the government's Endangered Species Committee exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Shortages of helium, a byproduct of natural gas processing, could create problems for semiconductor and medical equipment manufacturers.
Defense Secretary Pete Hegseth is tentatively expected to testify publicly before the House Armed Services Committee on April 29, according to two sources familiar with the plans.
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
Palestinian parents separated from their premature newborns by the war in Gaza finally get to meet their children for the first time.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
A Barbie Dream Fest event in Fort Lauderdale, Florida, generated backlash from attendees over its allegedly underwhelming experience. Jessica Nova, who drove in from Atlanta for the occasion, joins CBS News to recount her experience.
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
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.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts April 1 on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Lawyers for the man accused of killing Charlie Kirk are asking to delay a preliminary hearing set for May, arguing the defense team needs time to review ATF analysis they contend "could not" connect a bullet fragment recovered during Kirk's autopsy with the rifle found near the scene of the crime. CBS News legal contributor Jessica Levinson joins to unpack the development.
Tiger Woods had bloodshot eyes, was "sweating profusely" and had "extremely dilated" pupils after a rollover car crash last week, an arrest report shows. CBS News' Shanelle Kaul has the details.
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
Lawyers for Tyler Robinson, the man charged with killing conservative activist Charlie Kirk, are looking to review an analysis that couldn't conclusively connect a bullet fragment recovered during an autopsy to the rifle found near the scene. CBS News' Carter Evans reports.
A new court filing reveals defense attorneys for Tyler Robinson, the man accused of killing Charlie Kirk, claim an ATF analysis could not conclusively connect the bullet that killed Kirk to the gun Robinson allegedly used. Now the lawyers are asking to delay Robinson's preliminary hearing to review the evidence. Carter Evans reports.
NASA is preparing for the scheduled launch of the first crewed mission around the moon in over 50 years. If the Artemis II rocket takes off on Wednesday as planned, the three-man, one-woman crew will travel further from the Earth than any humans before. Bloomberg space reporter Loren Grush has more from the Kennedy Space Center.
On March 2, 2016, NASA astronaut Scott Kelly touched down on Earth after spending 340 days aboard the International Space Station, then the longest spaceflight ever by an American, as part of a mission to study the health impacts of extended space travel. Watch CBS News' coverage of Kelly's return.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
NASA is poised to launch a historic spaceflight around the moon on Wednesday. CBS News senior national correspondent Mark Strassman spoke with NASA administrator Jared Isaacman about the Artemis II mission.
NASA is just a day away from the planned launch of the Artemis II mission around the moon. CBS News senior national correspondent Mark Strassmann 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.
NASA is planning to launch its first crewed mission in over 50 years with its Artemis II flight on Wednesday from Florida's Kennedy Space Center.
JPMorgan Chase CEO Jamie Dimon speaks with "CBS Evening News" anchor Tony Dokoupil about the advancement of artificial intelligence, the war in Iran's effect on the U.S. economy, prediction markets and more.
Born with a rare heart defect, Wyatt Lopez was about a year old when he checked into the hospital. It took almost a whole year before he checked back out -- with a tuxedo, a little parade and a brand new heart. Tony Dokoupil has the story.
The head of JPMorgan Chase is acknowledging that the American dream is slipping out of reach for many. Jamie Dimon spoke to Tony Dokoupil, saying he's on a crusade to change that.
The countdown to launch of the Artemis II mission, NASA's first piloted moonshot in half a century, proceeded smoothly as engineers and technicians prepared the agency's giant Space Launch System rocket and Orion crew capsule for fueling and blastoff. Mark Strassmann has more.