U.S. stocks sink as investors worry Fed hikes might derail growth
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
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"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
A U.S Navy destroyer sailed into the South China Sea Wednesday in a so-called “freedom of navigation” exercise, testing restrictions imposed by China. CBS News national security correspondent David Martin reports.
"It's the countries that have emitted the least that are also the ones that tend to be harmed," says co-author.
Beijing says it sent forces to drive away a U.S. warship that violated "China's sovereignty and security" and undermined "peace and stability."
Lawmakers agreed to elect a new president next week but struggled Tuesday to decide on the makeup of a new government.
Koo Sze-yiu, 75, has been jailed at least 11 times for speaking out against China's central government. He was diagnosed with terminal rectal cancer in 2020.
Two of China's biggest cities enjoyed only about a month of relief before cases re-emerged, prompting tighter rules on testing and vaccination, but confusion over the latter.
China's extensive COVID-19 testing system strongly impacts its 1.4 billion people. Here's what a day under the testing system looks like in Beijing.
Despite the U.S. and Western allies placing sanctions on Russian energy imports, Moscow continues to profit off its oil exports. Julien Mathonniere, senior oil markets correspondent for Energy Intelligence, joins "CBS News Mornings" to discuss.
Market turmoil continues with experts warning that fear of a recession could be a self-fulfilling prophecy.
To help celebrate Hong Kong’s 25-year independence from British rule, Chinese President Xi Jinping made his first trip off the mainland since the start of the pandemic. Elizabeth Palmer reports on the high-profile visit.
Chinese president Xi Jinping is in Hong Kong to mark 25 years since Great Britain returned control of the city to China. He also oversaw the inauguration of the city's new Chief Executive, John Lee. CBS News anchors Tanya Rivero and Nikki Battiste spoke with Amy Celico, principal at the Albright Stonebridge Group, about the significance of Xi Jinping's presence in Hong Kong.
The Chinese leader marked the 25th anniversary of Britain handing the former colony back to Beijing by stressing that nobody would ever "seize power" over it.
Chinese President Xi Jinping is in Hong Kong celebrating the 25th anniversary of the former British colony returning to Chinese rule. It’s his first trip outside mainland China since the beginning of the coronavirus pandemic. Yasheng Huang, a professor of global economics and management at MIT Sloan School of Management, joins CBS News to discuss the significance of the Chinese leader's visit.
Investors are uneasy as signs point to possible recession caused by Fed interest rates hikes.
NATO leaders officially invited Finland and Sweden to join the alliance on Wednesday. Chief White House correspondent Nancy Cordes and Robert Bell, former defense adviser to the U.S. Ambassador to NATO, explain why the expansion matters on CBS News.
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
Lara Logan reports on Iraq's Christians; Are modern life's devices under China's grip? Lesley Stahl reports; then, Charlie Rose profiles astrophysicist Neil deGrasse Tyson.
Those suffering from the syndrome may be eligible for federal compensation ranging from about $140,000 to $187,000.
The automaker said the incident was under investigation but appeared to be an accident "not caused by the vehicle."
One recent case shows clearly that the app, without which people can't even go to work, could easily be exploited by a government bent on control.
By one estimate, 814 million people in China must take PCR coronavirus tests routinely just go about their daily lives. Now in Beijing, that includes kids as young as 3.
It's billed itself as "the last sunny corner on the internet," but is TikTok really a tool for China to obtain troves of data on Americans? Bill Whitaker reports.
As long as TikTok is owned by a Chinese company, national security experts say the popular video-sharing app is a risk to Americans.
There are growing concerns surrounding Taiwan's future as China's defense minister general says the country will "fight at all costs" against any country that helps the island nation gain independence from Beijing. CBS News Senior Foreign Correspondent Elizabeth Palmer joins "CBS News Mornings" with the latest developments.
An ICE officer shot a man Wednesday night in Minneapolis after allegedly being attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Venezuelan opposition leader María Machado previously said she wanted to "share" the prize for removing Nicolás Maduro from power.
Several key U.S. allies in the Middle East have engaged in intensive diplomacy between Iran and the United States, aiming to stave off a military conflict, a Gulf official told CBS News.
President Trump is threatening to invoke a centuries-old law to deploy troops to Minnesota. Here's what to know.
Though DOJ says there's "no basis" for criminal civil rights probe in ICE shooting case, some legal experts say the division's lack of involvement here is unheard of.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
The ICE agent involved in the fatal shooting could try to invoke immunity under the Constitution's Supremacy Clause to try to end state criminal prosecution.
As NATO prepares for war games around Greenland, Russia is highlighting the Trump administration's disagreement with its closest allies over the island.
The FBI is offering a reward after protests in north Minneapolis Wednesday evening culminated in vandalism and the apparent compromising of federal documents.
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
Though DOJ says there's "no basis" for criminal civil rights probe in ICE shooting case, some legal experts say the division's lack of involvement here is unheard of.
The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.
President Trump is threatening to invoke a centuries-old law to deploy troops to Minnesota. Here's what to know.
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.
The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated borrowing costs.
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
The FBI is offering a reward after protests in north Minneapolis Wednesday evening culminated in vandalism and the apparent compromising of federal documents.
Several key U.S. allies in the Middle East have engaged in intensive diplomacy between Iran and the United States, aiming to stave off a military conflict, a Gulf official told CBS News.
Though DOJ says there's "no basis" for criminal civil rights probe in ICE shooting case, some legal experts say the division's lack of involvement here is unheard of.
President Trump is threatening to invoke a centuries-old law to deploy troops to Minnesota. Here's what to know.
"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled this week.
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
The Trump administration reversed cuts to grants for mental health and addiction treatment programs that a CBS News source said were valued at around $1.9 billion.
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
Illnesses linked to the New York-based Live it Up Super Greens brand powder were reported in 21 states from Aug. 22 to Dec. 30, 2025.
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
Several key U.S. allies in the Middle East have engaged in intensive diplomacy between Iran and the United States, aiming to stave off a military conflict, a Gulf official told CBS News.
Police said they had busted a network that saw smugglers swim on the high seas to help stash Colombian cocaine on container ships and hijack vessels.
As NATO prepares for war games around Greenland, Russia is highlighting the Trump administration's disagreement with its closest allies over the island.
The seizure comes as President Trump is set to meet with Venezuelan opposition leader María Corina Machado Thursday at the White House.
FIFA says it has received over 500 million ticket requests for 2026 World Cup matches in the U.S., Canada and Mexico— with prices as high as $8,680.
Oscar's Place, a donkey sanctuary in California, now has 210 donkeys and it has successfully resettled 189 others. Ron King, the co-founder and CEO of the sanctuary, helped to create the new docuseries "Donkey King," which follows the work he and volunteers do to rescue, rehabilitate and resettle the animals to protect them. He speaks to "CBS Mornings" about his mission and why he says donkeys are misunderstood.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
"Sinners" stars Michael B. Jordan, Miles Caton and Wunmi Mosaku talk to "CBS Mornings" about the movie's recent success at the Golden Globes, the atmosphere on set and what they learned through the process.
Actor Ali Larter plays Angela Harris, the ex-wife of an oilman played by Billy Bob Thornton in the Paramount+ series "Landman." She talks to "CBS Mornings" about the series, working with Thornton and how she landed her role.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
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.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
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.
YouTube is introducing new parental controls on youth accounts that it says could limit how long kinds spend scrolling. The latest parental controls will focus on YouTube Shorts, which utilizes a continuous scrolling video feed featuring videos three minutes and shorter. Parents of kid and teen account users are now able to enact time restrictions that will limit how long their children can scroll.
A widespread Verizon outage hit the U.S. on Wednesday, leaving thousands of customers without service. CBS News' Karen Hua has more.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
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.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
The FBI is offering a reward after protests in north Minneapolis Wednesday evening culminated in vandalism and the apparent compromising of federal documents.
Federal prosecutors have charged 26 people, including many college basketball players, in an illegal gambling probe. Danny Funt, author of "Everybody Loses: The Tumultuous Rise of Sports Gambling," joins to unpack the alleged scheme.
Actor Timothy Busfield is being held without bond in his New Mexico child sex abuse case. Busfield denies the charges. CBS News reporter Andres Gutierrez has more.
Police said they had busted a network that saw smugglers swim on the high seas to help stash Colombian cocaine on container ships and hijack vessels.
William J. Brock fatally shot the driver after wrongly assuming she was in on a plot to get $12,000 in supposed bond money for a relative, authorities said.
A NASA crew splashed down off the coast of California on Thursday weeks earlier than scheduled due to an astronaut aboard the International Space Station dealing with a medical issue. Mark Strassmann reports on the unprecedented mission home.
Four space station Crew 11 fliers splashed down off the Southern California coast at 3:41 a.m. ET, closing out a 167-day stay in space cut short by a medical issue.
The members of SpaceX Crew-11 undocked from the International Space Station on Wednesday, beginning their journey back to Earth. The crew is leaving a month early after NASA announced that an unnamed team member experienced an undisclosed "medical concern." Clayton Anderson, a former NASA astronaut who spent time on the ISS, joins "The Daily Report" to discuss.
Crew-11 is preparing for an unprecedented early return to Earth over concerns for an astronaut's medical condition aboard the International Space Station. Mike Massimino, a former NASA astronaut and engineering professor at Columbia University, joins with more.
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
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.
Federal prosecutors charged 26 people in an alleged point-shaving scheme involving multiple current and former college basketball players, authorities announced. Scott MacFarlane reports.
The Iranian regime has appeared to tamp down anti-government protests that have swept across the country in recent weeks. Thousands are estimated to have been killed in the crackdown. Elizabeth Palmer has the latest.
Venezuelan opposition leader María Corina Machado said she presented President Trump with her real Nobel Peace Prize medallion during her visit to the White House on Thursday. Weijia Jiang has more.
Tensions are soaring in Minneapolis as protesters face off against federal agents. As Matt Gutman reports, it comes after a Venezuelan migrant was shot by an ICE agent after allegedly trying to flee federal officers.
It seems President Trump is lowering the temperature with Iran, while keeping all options on the table. Retired U.S. Navy Vice Admiral Robert Murrett joins "The Daily Report" to discuss.