Dow climbs amid Trump oil push in Venezuela
As President Trump presses U.S. oil companies to reenter Venezuela, investors weigh what it could mean for the global economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Dow Jones
How will the stock market perform in 2026? Wall Street pros weigh in.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
S&P 500 closes near record high on Friday
The S&P 500 closed near its Oct. 28 record, buoyed by optimism that the Federal Reserve could cut interest rates next month.
Consumer confidence falls in November: Report
A new report shows consumer confidence has hit its lowest point since April. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Impact of dip in the stock market
The Dow, S&P 500 and Nasdaq all dropped around 1% at Monday's close. It comes as tech giants and retailers are set to release earnings reports. CBS News business analyst Jill Schlesinger explains what it means for your wallet.
Stocks close mixed as investors assess strength of AI rally
Stocks claw back earlier losses, propelled by Nvidia gains. "There's a lot of emotion involved with AI," one analyst said.
Stock futures slide as investors fret over AI and interest rates
Stocks look set to extend their slide Friday amid investor jitters about the tech sector and the path of monetary policy.
Stocks jump as the Senate takes steps to end the government shutdown
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
Powell suggests Fed may not make December cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Market sell-off amid U.S.-China trade tensions
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Investors shrug off concerns after Trump says he removed Fed official
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Dow surges more than 800 points after Fed's Powell hints at rate cut
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Dow Jones soars over 800 points
Investors reacted to a major speech from Federal Reserve Chair Jerome Powell, offering his strongest indication yet that interest rates may be coming. Paul La Monica, senior market analysis writer for Barron's, joins CBS News to discuss.
July wholesale prices up more than expected
The Dow Jones dipped slightly on Thursday after new inflation data showed that wholesale prices rose more than expected last month. CBS News senior business and technology correspondent Jo Ling Kent reports.
Trump sues for libel over WSJ's Epstein story
President Trump is suing the Wall Street Journal for $20 billion in damages. The paper reported that he sent a risqué birthday letter to Jeffrey Epstein for his 50th birthday. Willie James Inman has the latest.
Trump sues WSJ, Murdoch over report
President Trump announced that he is suing the publisher and owner of the Wall Street Journal, media tycoon Rupert Murdoch, and others in a $10 billion libel lawsuit. This comes less than 24 hours after the Journal published a report claiming Mr. Trump wrote Jeffrey Epstein a "bawdy" birthday note in 2003. CBS News reporter Erica Brown has more details.
Stocks fall after Trump's Canada tariff threat
Stocks tumbled on Friday after President Trump threatened to slap a 35% tariff on Canadian goods. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Nvidia hits $4 trillion value in major first
Artificial intelligence giant Nvidia became the first company to surpass a $4 trillion market valuation on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Wall Street reacts to new tariff deadline
CBS News MoneyWatch correspondent Kelly O'Grady reports on how markets are reacting after President Trump pushed back the deadline for countries to make trade deals with the United States. Countries now have until August 1 before they'll face tariff increases.
Stocks slump Monday after Trump threatens new tariffs on certain countries
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Dow closes red after fresh tariff threats
The Dow Jones closed down over 400 points on Monday as President Trump sent letters to foreign countries warning of tariff increases that would go into effect August 1. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Stock futures rise as investors bet that Iran-Israel truce will stick
Stock market futures climbed and oil prices fell Tuesday, a sign Wall Street expects geopolitical risks to recede.
Dow sinks over 750 points after Israel's attack on Iran
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
Exclusive
ICE agent who shot Renee Good suffered internal bleeding, officials say
Jonathan Ross, who shot Renee Good in Minneapolis last week, suffered internal bleeding after the incident, two officials said, though it's not clear how extensive the bleeding was.
Senate GOP kills war powers effort to limit Trump on Venezuela, with Vance breaking tie
Two Republicans switched their votes after pressure from the White House.
U.S. completes first sale of Venezuelan oil, valued at $500 million
The Trump administration has not yet disclosed many details about the deal.
House passes 2-bill funding package ahead of shutdown deadline
The Senate now has two funding packages on its plate ahead of its weeklong recess.
Iranian mom searched morgue, sifting through hundreds of bodies, to find her daughter
Rubina Aminian's mother forced her way into a morgue in search of her daughter, who her family says was shot in the head at close range.
Court upholds Prop 50, allowing California to use its redrawn congressional maps
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
Trump admin. cuts grants for mental health, addiction treatment programs
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
"Fundamental" differences remain over Greenland's future, Denmark says after U.S. meeting
After the meeting, Denmark's foreign minister said they're eager to work with the U.S. while respecting the "red lines of the Kingdom of Denmark."
U.S.
More U.S.
Why Chicago's "death gap" has existed on the West Side for decades
The life expectancy for residents of The Loop is 87.3 years, according to numbers from the Chicago Department of Public Health. For West Garfield Park, it is 66.6 years.
Astronauts head home early after medical issue
Crew 11 is expected to splash down off the coast of Southern California at 3:41 a.m. ET, closing out a 167-day stay in space.
Bilt offers credit cards with 10% APR after Trump proposes interest cap
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Timothy Busfield makes court appearance in child sex abuse case
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
U.S. completes first sale of Venezuelan oil, valued at $500 million
The Trump administration has not yet disclosed many details about the deal.
MoneyWatch
More MoneyWatch
Bilt offers credit cards with 10% APR after Trump proposes interest cap
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Apple, Google face pressure to remove X and Grok from their app stores
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Verizon customers report phone service outages across U.S.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Chew on this: U.S. food prices are still up 19% since 2022
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
Politics
More Politics
Trump administration to suspend immigrant visas for nationals of 75 countries
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
U.S. completes first sale of Venezuelan oil, valued at $500 million
The Trump administration has not yet disclosed many details about the deal.
Changing Defense Department's name could cost up to $125 million, CBO estimates
The Trump administration's push to change the Defense Department's name to the Department of War could cost nine figures, according to a new estimate by Congress' budget watchdog.
Court upholds Prop 50, allowing California to use its redrawn congressional maps
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
Trump admin. cuts grants for mental health, addiction treatment programs
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
HealthWatch
More HealthWatch
Trump admin. cuts grants for mental health, addiction treatment programs
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
Wide variation found in funding for states' rural health proposals
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.
ACA enrollment sinks sharply as coverage costs soar in 2026
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
Nurses strike begins in New York City as thousands walk off jobs
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
RFK Jr.'s MAHA movement has picked up steam in statehouses
"Make America Healthy Again" policies driven by HHS Secretary Robert F. Kennedy Jr. have made major strides in state legislatures, with food additives among the most common targets.
World
More World
Trump says "killing in Iran is stopping," with "no plan for executions"
Potentially thousands have died from the crackdown to quash unrest amid protests.
U.S. says it's moving into next phase of Gaza peace plan, warns Hamas
Steve Witkoff said the U.S. expects Hamas to immediately return the final deceased hostage as part of its obligations under the deal.
Trump told Iranians help is coming, so what might it look like?
Experts tell CBS News what sort of options President Trump has to respond to Iran's brutal crackdown on protesters.
After a bloody crackdown, Iran vows to teach protest backers a lesson
Iran's rulers want the world to know they've weathered a storm, and they're threatening a harsh "lesson" for anyone deemed to have supported protests.
U.S. reduces some personnel at airbase in Qatar as tensions rise with Iran
The Al Udeid airbase in Doha, Qatar, is the forward operating headquarters for U.S. Central Command, which oversees U.S. forces across the Middle East.
Entertainment
More Entertainment
Timothy Busfield makes court appearance in child sex abuse case
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
Stars of "Sinners" talk about movie
"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.
Ali Larter talks what's ahead in "Landman"
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.
Actor Timothy Busfield turns himself in following child sex abuse allegations
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
François Arnaud on "Heated Rivalry" series
Francois Arnaud joins "CBS Mornings" to talk about the popular series "Heated Rivalry," based on the "Game Changers" book series. It follows rising hockey stars Shane Hollander and Ilya Rozanov. What begins as a fling between two rivals turns into a yearslong journey of love, denial and self discovery. Arnaud plays Scott Hunter, a closeted gay professional hockey player in the same league who has fallen in love with a smoothie shop worker. He talks about the message in the series and how it developed into a hit show.
Technology
More Technology
Apple, Google face pressure to remove X and Grok from their app stores
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
ChatGPT served as "suicide coach" in man's death, lawsuit alleges
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
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.
"Are You Dead," viral Chinese app, changing its name
The Chinese mobile app "Are You Dead?" which sounds an alarm if a user doesn't check in every 48 hours, says it will drop its catchy name after it drew international media attention.
Woman says AI chatbot Grok generated sexual deepfake images of her
Ashley St. Clair, the mother of one of Elon Musk's children, alleges Grok generated and published sexual deepfake images of her without permission.
Science
More Science
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.
2025 was so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Major climate research center on Trump administration chopping block
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."
Researchers capture video of rare polar bear adoption
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.
Crime
More Crime
Timothy Busfield makes court appearance in child sex abuse case
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
Indicted Virginia coach still missing
The search continues in Virginia for a high school football coach charged with possessing child sexual assault material and using a computer to solicit a minor. CBS News breaking news correspondent Shanelle Kaul has the latest.
Au pair testifies in man's murder trial
A trial is underway in northern Virginia for a man accused of plotting his wife's murder with help from his affair partner - the family's au pair. The former au pair was the first witness called to testify against Brendan Banfield. Jericka Duncan reports on the case.
Doctors arrested after 9 newborns die at hospital in Russia
The case has provoked anger and bewilderment from Russian politicians.
Man plotted murder to "get rid of" his wife after affair, au pair testifies
Brendan Banfield is charged with murder in the 2023 killings of Christine Banfield and Joseph Ryan at the Banfields' home in northern Virginia.
Space
More Space
Astronauts head home early after medical issue
Crew 11 is expected to splash down off the coast of Southern California at 3:41 a.m. ET, closing out a 167-day stay in space.
Former NASA astronaut on ISS undocking
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.
ISS astronauts prepare for early return
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.
Former astronaut on ISS crew coming home early
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.
Space station changes command, setting stage for Crew 11 departure
Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Chicago believes again as the Bears catch fire
It's a long winter in Chicago when the Bears are bad, but walk into any bar in the city, especially after last week's comeback win over the Packers, and the winter is gone. Tony Dokoupil has details.
Chicago mayor on life expectancy disparities
In an interview with "CBS Evening News" anchor, Chicago Mayor Brandon Johnson discusses what's driving disparities between different areas of the city, and what officials are doing to address them.
Chicago train ride reveals life expectancy gap
In a journey of just five miles in the city of Chicago, the housing thins out, the shopping fades and you step into a neighborhood where residents' lives are, on average, 20 years shorter than those just up the road. Tony Dokoupil takes a ride on the L Train to see it firsthand, followed by a live interview with Mayor Brandon Johnson.
Transgender athlete bans case at Supreme Court
The Supreme Court heard arguments in a pair of cases challenging laws from West Virginia and Idaho that restrict transgender girls and women from competing on teams that correspond with their gender identity. Jan Crawford reports.
Family of protester killed in Iran speaks out
Rubina Aminian was a "full of life" 23-year-old Iranian fashion student with big goals for the future. She was shot and killed last week amid the protests, her aunt told CBS News, as she described how Aminian's mother forced her way into a morgue and carried her daughter's body out. Imtiaz Tyab has details.