Tech stocks tumble over AI cost concerns
A massive tech stock sell-off dragged down the S&P 500 and Nasdaq on Tuesday. CBS News senior business and technology correspondent Jo Ling Kent has the details.
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A massive tech stock sell-off dragged down the S&P 500 and Nasdaq on Tuesday. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The Dow rose on Tuesday, building on Monday's news that the U.S. and Iran reached a deal to end the war. Senior Barron's writer Laura Sanicola joins CBS News to discuss.
Despite the ongoing war in Iran and high gas prices, stocks started trading higher on Monday. The S&P 500 and Nasdaq both hit record highs, bolstered by the tech sector. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
Investors cheered the announcement of a two-week ceasefire, which President Trump said is contingent on the reopening of the Strait of Hormuz.
Markets reacted negatively to President Trump's address to the nation on the Iran war. CBS News' Jill Schlesinger breaks down the economic impact of the ongoing conflict.
The Dow Jones dropped more than 700 points on Friday, while the S&P 500 posted its fifth straight weekly drop. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
The stock market is responding favorably after President Trump said Monday morning that he would postpone his ultimatum for Iran to reopen the Strait of Hormuz. Mr. Trump had previously threatened to "obliterate" Iran's power plants if the strait wasn't reopened by Monday evening. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss the markets.
The stock market responded negatively on Wednesday after the Federal Reserve left its benchmark interest rate unchanged for a second straight policy meeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Oil prices continue to climb and U.S. stock markets remain uneasy amid the war with Iran. CBS News' Kelly O'Grady has the details.
The Dow Jones has spent Monday in the red after President Trump on Saturday said he would raise his global tariff to 15%. Last week, the Supreme Court struck down a set of sweeping global tariffs, a decision Mr. Trump lashed out at. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss.
Stocks jumped on Wednesday after President Trump said he reached a framework for a deal on Greenland and backed off his tariff threat against European allies. CBS News senior business and technology correspondent Jo Ling Kent reports.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
Markets closed in the red on Tuesday amid President Trump's tariff threats against European countries for opposing his aim to acquire Greenland. Dr. Sumantra Maitra, fellow at the Royal Historical Society, joins with analysis.
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.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
The S&P 500 closed near its Oct. 28 record, buoyed by optimism that the Federal Reserve could cut interest rates next month.
A new report shows consumer confidence has hit its lowest point since April. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
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 claw back earlier losses, propelled by Nvidia gains. "There's a lot of emotion involved with AI," one analyst said.
Stocks look set to extend their slide Friday amid investor jitters about the tech sector and the path of monetary policy.
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
The White House declined to say how much the president paid in taxes on his crypto windfall.
Negotiations between Iran and the U.S. will pause for a week for the funeral of Iran's slain supreme leader, but Trump, and mediators, say there's been progress.
Hernan Gil was brought out on a stretcher as elated rescuers cheered and hugged each other. He was loaded into a waiting ambulance and driven away.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
The FBI is asking for analysts to help evaluate thousands of records for a "priority" investigation ordered by FBI Director Kash Patel.
The Vatican says bishops from the ultra-conservative Catholic SSPX society were automatically excommunicated after ignoring Pope Leo's plea for unity.
Russia launched a massive attack on Ukraine's capital, killing at least 21 people and prompting President Zelenskyy to call for sped-up weapons support from his partners.
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
The FBI is asking for analysts to help evaluate thousands of records for a "priority" investigation ordered by FBI Director Kash Patel.
The White House declined to say how much the president paid in taxes on his crypto windfall.
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
U.S. Army Air Forces 1st Lt. Franklin H. McKinney disappeared after leaving China for a spy mission over Thailand in November 1944.
The White House declined to say how much the president paid in taxes on his crypto windfall.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
June's payroll gains were much lower than the 100,000 new hires that economists had predicted.
People can begin depositing money in the new tax-deferred investment accounts on Saturday, with eligible children receiving a $1,000 government contribution.
Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.
The FBI is asking for analysts to help evaluate thousands of records for a "priority" investigation ordered by FBI Director Kash Patel.
The White House declined to say how much the president paid in taxes on his crypto windfall.
President Trump has signed "Lulu's Law," which requires the FCC to allow emergency alert messages for shark attacks. It was inspired by shark attack survivor Lulu Gribbin.
The gang "has committed numerous attacks targeting civilians, law enforcement officers, and government officials," Secretary of State Marco Rubio said.
On the same morning Sen. Mitch McConnell was hospitalized last month, EMS personnel went to his home to respond to an unconscious person who appeared to experience "cardiac arrest," according to a dispatch call.
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
A man who sold land for a controversial, Jared Kushner-backed luxury development in Albania is suspected of money laundering and drug trafficking.
Hernan Gil was brought out on a stretcher as elated rescuers cheered and hugged each other. He was loaded into a waiting ambulance and driven away.
The Vatican says bishops from the ultra-conservative Catholic SSPX society were automatically excommunicated after ignoring Pope Leo's plea for unity.
Researchers will travel to the bottom of the North Atlantic to survey two legendary shipwrecks, once tied to a pair of iconic 19th-century polar explorers.
Negotiations between Iran and the U.S. will pause for a week for the funeral of Iran's slain supreme leader, but Trump, and mediators, say there's been progress.
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
Fans around the world are preparing for Taylor Swift and Travis Kelce's wedding. Here's what to know before what some are calling the wedding of the century. CBS News' Jo Ling Kent reports.
Rumors are swirling about Taylor Swift and Travis Kelce tying the knot at Madison Square Garden. CBS News' Olivia Rinaldi and Gabrielle Ake, self-described Swifties, join "The Takeout" with the latest.
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
Two people in black masks scaled the Empire State Building, scrambling the New York City Police Department. They call themselves "roof-toppers," or stunt climbers, and they unfurled a banner about world peace before one of them got out a ring and proposed. By the time they got down, they were engaged and under arrest. Tom Hanson reports.
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
Two people climbed to the top of the Empire State Building Wednesday and unfurled a banner before seemingly getting engaged. CBS News law enforcement contributor Rodney Harrison has more on what repercussions the couple could face.
Two people climbed to the top of the Empire State Building in New York City on Wednesday, unfurling a banner and appearing to get engaged. CBS News' Tom Hanson and Shanelle Kaul have more.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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.
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
The U.S. added 57,000 jobs in June, failing to meet the expectations of economists, according to new numbers released from the Bureau of Labor Statistics. CBS News' Javier David and Natalie Brand have more.
Talks between the U.S. and Iran paused as Iran holds the state funeral of Ayatollah Ali Khamenei, who was killed during U.S.-Israeli strikes. Retired Navy Vice Adm. Robert Murrett weighs in on the state of negotiations.
Searing burgers on the grill, sparkling fireworks in the skies and dizzying heat are all expected as Americans in dozens of cities across the U.S. face a triple-digit forecast this 4th of July weekend. Meteorologist Rob Marciano breaks down the weather from Philadelphia.
Law enforcement is preparing for a huge America 250 event in Washington, D.C., on the 4th of July. CBS News' Nicole Sganga has more details on security measures.