S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
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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 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.
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.
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.
The criminal referrals are over a complaint from a whistleblower that helped trigger President Trump's first impeachment.
With the Iran war paused halfway through a 2-week ceasefire, President Trump is again voicing optimism over the potential for a deal to end it for good.
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
Meenu Batra, a single mother, was detained at a Texas airport in mid-March. She has worked as a courtroom interpreter in the U.S. for more than 20 years.
According to his attorney, Brian Hooker plans to return to the Bahamas as the search for his wife, Lynette Hooker, continues.
It was the fourth time Democrats in the Senate had forced a vote on the issue since the war began on Feb. 28.
House Democrats introduced articles of impeachment against Defense Secretary Pete Hegseth, claiming he has "demonstrated a willful disregard for the Constitution."
Nearly two years after Emeshyon Wilkins was shot and killed by a St. Louis police officer, Shaina Wilkins says she is still searching for answers and accountability.
President Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the U.S.
Nearly two years after Emeshyon Wilkins was shot and killed by a St. Louis police officer, Shaina Wilkins says she is still searching for answers and accountability.
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
Meenu Batra, a single mother, was detained at a Texas airport in mid-March. She has worked as a courtroom interpreter in the U.S. for more than 20 years.
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
The sneaker maker is selling its footwear assets and rebranding as "NewBird AI," betting on booming demand for AI computing power.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
President Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the U.S.
Director of National Intelligence Tulsi Gabbard has sent criminal referrals to the Justice Department related to a government watchdog and a whistleblower whose complaint helped trigger President Trump's first impeachment.
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
The ultra-wealthy donor class is getting ready to pour tens of millions into the fall elections that will decide which party will control Congress.
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
Starting next year, about 18.5 million adults will be subject to new Medicaid work rules in 42 states and Washington, D.C. Some Republican-controlled states want to triple the required work period.
Dr. Thomas Shaknovsky, 44, was arrested Monday after a two-year investigation by local, state and medical authorities.
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
Hungary's politics have shifted definitively away from Russia and toward Europe, but quitting a cheap Russian energy habit could be painful.
Bita Hemmati is believed to be the first woman to be sentenced to death over the protests.
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
Iran's Fars News Agency says a supertanker sailed through international waters and the Strait of Hormuz with its tracking system switched on, "without any concealment."
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
A jury on Wednesday found that Live Nation and Ticketmaster operated as an illegal monopoly over big concert venues. CBS News legal contributor Jessica Levinson breaks down the case.
Golden Globe-winning actor and comedian Ramy Youssef talks about his new comedy special, "Ramy Youssef: In Love," which tackles topics like AI and religion but through a "lens of love." He explains his inspiration and how he includes personal stories about his family and marriage.
After nearly a decade away from MMA, Ronda Rousey talks to "CBS Mornings" about her return and upcoming fight against another trailblazer, Gina Carano.
What started off as a simple way to promote music with some impromptu freestyling back in 2017 has turned into a critically acclaimed series showcasing artists big and small. Photojournalist Parrish Smith met the Washington, D.C., artist and crew behind the increasingly popular musical showcase "Front Porch Freestyles."
U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation's power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details.
Lawmakers in Maine passed a temporary ban on new, large data centers in the state this week. If Gov. Janet Mills signs the legislation, the state will become the first to ban data centers. Daniel Kool, a cost-of-living reporter for the Portland Press Herald, joins CBS News to discuss.
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.
Footwear company Allbirds announced Wednesday it will stop making fabric sneakers and become an artificial intelligence company, sending its stock price soaring by more than 600%. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
A new study found that a substantial amount of medical information provided by five popular artificial intelligence-driven chatbots is inaccurate and incomplete. One of the authors of the study, Nick Tiller joins "The Daily Report" to discuss.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
The men suspected of throwing homemade bombs into a crowd of New York City protesters in March pleaded not guilty to terrorism charges on Wednesday. CBS News' Anna Schecter has the latest.
The suspect accused of fatally shooting a 7-month-old Brooklyn girl is in court Wednesday for arraignment. CBS News New York's Christina Fan has the latest.
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
Seconds after a gunman opened fire at an Oklahoma high school, the school's principal was seen racing into the hallway, pushing the suspect onto a bench and holding him down.
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
NASA's Artemis II astronauts returned to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
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.
Emeshyon Wilkins was shot and killed by a St. Louis police officer nearly two years ago. His mother, Shaina, says she's still searching for answers and accountability.
Prince Harry and Meghan, the Duchess of Sussex, are facing some backlash in Australia over their visit to the continent. CBS News royal contributor Amanda Foreman joins "The Daily Report" to discuss.
U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation's power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details.
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
President Trump said Wednesday that China has agreed not to send weapons to Iran. Phelim Kine, the China and Indo-Pacific Affairs correspondent at Politico, joins "The Daily Report" with more.