Fund managers sit on most cash since dotcom crash
Fund managers sit on most cash since dotcom crash; Alibaba founder Jack Ma praises China-made fakes. These headlines and more from CBS MoneyWatch.
China
CBS News' Margaret Brennan reports on the fallout after the U.S. says Chinese fighter jets made another "provocative" move near a U.S. spy plane
CBS News' Margaret Brennan reports on the fallout after the U.S. says Chinese fighter jets made another "provocative" move near a U.S. spy plane.
The U.S. says a Chinese fighter jet performed an "unsafe" intercept of an American spy plane
The U.S. says a Chinese fighter jet performed an "unsafe" intercept of an American spy plane. It happened Tuesday over the disputed waters of the South China Sea, where China is building artificial islands. Margaret Brennan reports.
Disney's first theme park in mainland China is set to open next week
Disney's first theme park in mainland China is set to open next week. Tickets for opening day of Shanghai Disney reportedly sold out within hours. But an aggressive rival that recently opened in another part of the country hopes to steal the magic. Adriana Diaz reports from Beijing.
From China to Yemen, the illegal antiquities trade is a booming business that is wreaking havoc on the world's archaeological heritage and its history
From China to Yemen, the illegal antiquities trade is a booming business that is wreaking havoc on the world's archaeological heritage and its history. The cover story of the June issue of National Geographic Magazine focuses on this scourge. National Geographic archaeology writer Kristin Romey joins us with her story, "How Tomb Raiders Are Stealing Our History."
A detergent ad that aired in China shows a black man being transformed into a fair-skinned Asian after being stuffed into a laundry machine
A detergent ad that aired in China shows a black man being transformed into a fair-skinned Asian after being stuffed into a laundry machine. CBSN's Josh Elliott shows us the commercial that's causing global outrage.
Check out the future of transportation in the design of this public bus system in China
Check out the future of transportation in the design of this public bus system in China. CBSN's Josh Elliott and TravelPulse.com's Mark Murphy have details.
Beijing is troubled after President Obama lifted the U.S. arms embargo on Vietnam earlier this week
Beijing is troubled after President Obama lifted the U.S. arms embargo on Vietnam earlier this week. CBS News' Adriana Diaz discusses the growing tensions between China and neighboring countries.
The president's trip comes amid heightened tensions over the South China Sea
President Obama arrived in Japan Wednesday for the next leg of his Asian tour. The president's trip comes amid heightened tensions over the South China Sea. Six Asian countries have claims in the sea, but China claims nearly all of it. Adriana Diaz reports on the president's diplomatic approach to addressing the turf war.
Thousands of Vietnamese greeted the president Tuesday as he arrived in Ho Chi Minh City, formerly Saigon
President Obama is criticizing Vietnam's government for its human rights record. Thousands of Vietnamese greeted the president Tuesday as he arrived in Ho Chi Minh City, formerly Saigon. Margaret Brennan reports.
Chef Brian Tsao developed his pan-Asian cooking style in a natural, yet roundabout way
Chef Brian Tsao developed his pan-Asian cooking style in a natural, yet roundabout way. He was born in New York City, but at age 15 found himself studying in China. He'd also become the guitarist of the country's first touring thrashcore band, and in the process learned about the food of China's diverse regions. A Culinary Institute of America graduate, Tsao is now executive chef at Mira Sushi & Izakaya and Kimoto Rooftop, New York's first Asian beer garden, melding influences from China, Korea, Japan, Malaysia and the U.S. into what he calls "interesting but still authentic food."
Biden eyes new foreign policy focus
President Biden announced this week he plans to pull all U.S. military troops from Afghanistan by September 11, 2021, a move that will bring an end to America's longest war. The Biden administration wants to turn its foreign policy focus away from the Middle East and redeploy those resources toward countering China and Russia. Christina Ruffini has the details.
A 2-year-old was rescued from a dry well in China after the toddler fell in and got stuck
A 2-year-old was rescued from a dry well in China after the toddler fell in and got stuck. CBSN's Vladimir Duthiers has more.
Xi: Bungled spy cases hurt fight to protect intellectual property
Professor Xiaoxing Xi says he's lost confidence in the U.S. government's fight to stop Chinese economic espionage.
Sherry Chen says reality didn't sink in until agents labeled her "a prisoner" at the federal courthouse in Dayton, Ohio
Sherry Chen says reality didn't sink in until agents labeled her "a prisoner" at the federal courthouse in Dayton, Ohio.
American wrongly accused of Chinese espionage
American Xiaoxing Xi, chair of Temple University Physics Department, was wrongly accused of sending American technology to China and worries about his career. Bill Whitaker's report "Collateral Damage" will air Sunday, August 26 at 7 p.m. ET/PT.
China has announced that the country has banned "seductive" photos or videos of people eating bananas online, in an attempt to curb sexually explicit material on the Internet
China has announced that the country has banned "seductive" photos or videos of people eating bananas online, in an attempt to curb sexually explicit material on the Internet. CNET senior editor Jeff Bakalar joins CBSN with more on China's bizarre ban.
China welcomes a newborn giant panda, the first one of 2016
China welcomes a newborn giant panda, the first one of 2016. CBSN's Josh Elliott shows us video of the brand new baby panda.
Giant pandas are a highly-endangered species. There are only about 1,800 in the wild in China, with others cared for in special preserves and zoos around the world
Giant pandas are a highly-endangered species. There are only about 1,800 in the wild in China, with others cared for in special preserves and zoos around the world. In Washington, D.C., the National Zoo's panda family (including its youngest member) gets almost as much attention as the First Family in the White House. Rita Braver reports.
A weak April jobs report led to stocks going up on Wall Street
A weak April jobs report led to stocks going up on Wall Street. Also, a Canadian company that started selling Rocky Mountain air to China last year is opening up for business in the world's most-polluted city. Brook Silva-Braga reports on the day's top MoneyWatch headlines.
Biden reacts to Indianapolis shooting
President Biden called America's gun violence a national embarrassment after the latest mass shooting. Weijia Jiang has the latest.
Biden welcomes Japanese prime minister to White House
Japan is one of the few industrialized nations not sanctioning China for human rights abuses. The U.S. would like that to change.
Heart-stopping video shows a man in China narrowly avoiding a terrifying crash
Heart-stopping video shows a man in China narrowly avoiding a terrifying crash. CBSN's Josh Elliott has the video.
Charlie Rose spoke to him soon after the president announced 250 additional U.S. troops will be going to Syria
President Obama is back at the White House after a week-long trip in the Middle East and Europe. Charlie Rose spoke to him soon after the president announced 250 additional U.S. troops will be going to Syria to help fight against ISIS. But the president also faces big challenges in Asia, including North Korea and China.
Brands criticize Chinese labor practices
Apparel brands are accusing China of mistreating Uighur Muslims. Meanwhile, pressure is mounting on the Japanese government to confront Beijing's alleged human rights abuses. Foreign correspondent Lucy Craft reports for CBSN.
Trump links Greenland standoff with allies to perceived Nobel snub
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
Powell to attend Supreme Court arguments over Trump's move to fire Lisa Cook
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
Valentino Garavani, iconic fashion designer, dies at age 93
Valentino Garavani's high-glamour gowns were fashion show staples for nearly half a century.
Iran says youths "deceived" into protesting can surrender for "leniency"
Iran's police chief says young people who joined protests were "deceived," and if they surrender within three days, they "will be treated with leniency."
Minneapolis police chief fears possible "moment where it all explodes"
Minneapolis Police Chief Brian O'Hara says he worries about escalating tensions. But top ICE official Marcos Charles says his officers act "lawfully and with professionalism."
Chicken sold in 7 states recalled for potential listeria contamination
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
Woman died after riding Revenge of the Mummy coaster at Universal Orlando
A Florida agency's latest report on theme park injuries says a woman died after becoming unresponsive on Universal Studios' Revenge of the Mummy roller coaster.
High-speed train derailment kills at least 40 in Spain, police say
Spanish police said Monday that at least 40 people died and 159 were injured in a high-speed train collision in southern Spain.
Norway princess's son, accused of raping 4 women, faces new charges
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
U.S.
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Powell to attend Supreme Court arguments over Trump's move to fire Lisa Cook
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
Are you a homeowner? See which tax deductions you might qualify for.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Woman died after riding Revenge of the Mummy coaster at Universal Orlando
A Florida agency's latest report on theme park injuries says a woman died after becoming unresponsive on Universal Studios' Revenge of the Mummy roller coaster.
Chicken sold in 7 states recalled for potential listeria contamination
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
What's open and closed on Martin Luther King Jr. Day 2026?
Most stores on Monday are open during their regular business hours on Martin Luther King Jr. Day, with a few exceptions.
MoneyWatch
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Are you a homeowner? See which tax deductions you might qualify for.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
What to know about the annual World Economic Forum meeting in Davos
Nearly 3,000 high-level participants from business, government and beyond are converging on the Swiss town of Davos for the annual meeting.
Chicken sold in 7 states recalled for potential listeria contamination
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
What's open and closed on Martin Luther King Jr. Day 2026?
Most stores on Monday are open during their regular business hours on Martin Luther King Jr. Day, with a few exceptions.
Here are the hurdles Trump faces in his push for low interest rates and a friendly Fed
As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.
Politics
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Powell to attend Supreme Court arguments over Trump's move to fire Lisa Cook
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
Trump links Greenland standoff with allies to perceived Nobel snub
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
DOJ probing protesters group that disrupted services at church with ICE pastor
The Justice Dept. says it's investigating a group of protesters in Minnesota who disrupted services at a church where a local ICE official apparently serves as a pastor.
Trump admin's claims of "reverse discrimination" upend DOJ Civil Rights Division
A Trump administration initiative is upending 60 years of efforts by the federal government to prevent discrimination against minority groups in the U.S.
Full transcript of "Face the Nation with Margaret Brennan," Jan. 18, 2026
On this "Face the Nation with Margaret Brennan" broadcast, DHS Secretary Kristi Noem and Minneapolis Mayor Jacob Frey join Margaret Brennan.
HealthWatch
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HealthWatch
Doctor's tips to help dry winter skin
Dr. Rachel Nazarian, a board-certified dermatologist, joins "CBS Mornings" to share her tips for saving your dry winter skin.
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Study finds no link between Tylenol and autism
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
New study: Tylenol in pregnancy is not linked to autism or ADHD
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
World
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New surveillance video shows Louvre jewel heist in action
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
Valentino Garavani, iconic fashion designer, dies at age 93
Valentino Garavani's high-glamour gowns were fashion show staples for nearly half a century.
Iran says youths "deceived" into protesting can surrender for "leniency"
Iran's police chief says young people who joined protests were "deceived," and if they surrender within three days, they "will be treated with leniency."
Norway princess's son, accused of raping 4 women, faces new charges
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
What to know about the annual World Economic Forum meeting in Davos
Nearly 3,000 high-level participants from business, government and beyond are converging on the Swiss town of Davos for the annual meeting.
Entertainment
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Entertainment
Billy Bob Thornton on "Landman" popularity
Billy Bob Thornton joins "CBS Mornings" to discuss the second season of the hit series "Landman," which he stars in as oil executive Tommy Norris. Thornton talks about his immediate chemistry with Ali Larter and why the show resonates with viewers.
Prince Harry in U.K. for court case accusing tabloids of illegal snooping
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
Judd Apatow on comic genius Mel Brooks: "Probably the funniest person of all time"
As a young boy, Judd Apatow says he wanted to grow up to be like the director of such classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol: "Mel Brooks: The 99 Year Old Man!"
Judd Apatow on comic genius Mel Brooks
As a young boy, Judd Apatow says he wanted to grow up to be like Mel Brooks, the filmmaker of such comedy classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol, "Mel Brooks: The 99 Year Old Man!" Apatow talks with Tracy Smith about the World War II veteran who broke comedy taboos by lampooning Nazis and racists, and about Brooks' long friendship with another comic legend, Carl Reiner.
Stellan Skarsgård on acting: "It is like being a child … you never grow up"
The Swedish actor has been in 150 films and TV shows, from "Breaking the Waves" and "Mamma Mia!" to "Andor." He talks about his Golden Globe-winning performance in "Sentimental Value," playing a filmmaker-father trying to reconcile with his actress-daughters.
Technology
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Technology
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Palantir develops app to help ICE: 404 Media
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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.
OpenAI to start testing ads on ChatGPT in the coming weeks
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Mother of Musk child sues over deepfake images
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
Science
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Science
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
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.
Crime
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New surveillance video shows Louvre jewel heist in action
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
Police arrest person in Tennessee murder
Police made a third arrest in connection with the murder of a Tennessee man who was linked to the religious group "His Way Spirit Led Assemblies," based in Inland Empire, California. CBS News' Shanelle Kaul has more details.
Legal analysis on DOJ Minnesota probe
U.S. officials tell CBS News that the Justice Department has opened an investigation into Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey. CBS News legal contributor Jessica Levinson has more.
Judge, wife shot and wounded at home in Lafayette, Indiana
A judge and his wife were shot and wounded in their home over the weekend in Lafayette, Indiana.
Norway princess's son, accused of raping 4 women, faces new charges
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
Space
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Space
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Countdown to new lunar mission
NASA says it could be just weeks away from launching astronauts on a flight around the moon for the first time in more than half a century. Final preparations are underway at Kennedy Space Center in Florida, where the Artemis II moon rocket is expected to roll out to the launch pad on Saturday.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
EU weighs "trade bazooka" in response to Trump
President Trump's push to take over Greenland has escalated into a trade dispute that's sparking anger across Europe. Philip Luck, director of the Economics Program at the Center for Strategic and International Studies, joins with analysis.
Aftermath of Pakistan mall fire
A massive fire broke out at a shopping mall in Karachi, Pakistan, over the weekend, killing at least 23 people with dozens more missing. Videos captured the aftermath of the fire as rescuers sifted through the rubble to search for survivors.
How MLK Jr. Day has changed under Trump
The U.S. is celebrating Martin Luther King Jr. Day on Monday. Jeanne Theoharis, a professor of political science and history at Brooklyn College, breaks down how the day has changed under the Trump administration.
How Trump's tariff threats would impact U.S.
President Trump's latest tariff threats, related to his plan for Greenland, have European leaders reeling. Philip Luck, the economics program director at the Center for Strategic and International Studies, breaks down how tariff implementation would impact U.S. consumers.
Fashion designer Valentino Garavani dies at 93
Legendary fashion designer Valentino Garavani died Monday at age 93, his foundation announced on social media. CBS News' Shanelle Kaul has more.