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All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
Economists are predicting a recession is imminent, while President Biden claims a recession is not inevitable. This comes after the Dow Jones lost more than 700 points Thursday. Wall Street Journal reporter Julia-Ambra Verlaine joins "CBS News Mornings" to discuss the latest.
U.S. stocks fell sharply on Thursday, pushing the Dow Jones below 30,000 for the first time since January 2021. Meanwhile, mortgage rates had their biggest one-week jump in 35 years after the Federal Reserve hiked interest rates to tame inflation. Bartie Scott, a senior economy editor for Business Insider, joins Carter Evans to discuss.
The Federal Reserve on Wednesday announced its largest interest rate hike since 1994, in an effort to combat historic inflation. Matthew Luzzetti, a senior economist at Deutsche Bank, joins CBS News to discuss how the move is impacting the stock market.
Wall Street has entered a bear market, but experts warn you shouldn't do anything rash. CBS News Business Analyst Jill Schlesinger spoke to Anne-Marie Green and Vladimir Duthiers on CBS News about how to handle your finances in a down market, and what's to blame for plummeting prices.
Stocks fell Monday as markets continue to respond to Friday's inflation report. Tim Pagliara, a wealth adviser and the chief investment officer at CapWealth, talked to CBS News about what these losses could mean for the future of the U.S. economy.
Inflation is negatively impacting the U.S. stock market. The Dow Jones fell 880 points Friday. Yahoo Finance reporter Alexandra Semenova joins CBS News to discuss the impact of rising consumer prices.
A major stock market index briefly hit bear market territory on Friday after a volatile week of trading. George Ball, chairman at the investment firm Sanders Morris Harris, speaks with CBS News' Tanya Rivero and Nancy Chen on whether the U.S. economy is headed for a recession.
The Dow Jones saw its biggest point loss in a single day since the pandemic began. Robert Schein, chief investment officer at Blanke Schein Wealth Management, joins CBS News at the closing bell to break down the day of losses on Wall Street.
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
New figures from the Bureau of Labor Statistics show inflation slowed in April for the first time since August. But the Dow ended the day down more than 300 points. Michael Rosen, managing partner and chief investment officer at Angeles Investments, joins CBS News to discuss the impact inflation coupled with the falling stock and bonds markets have had on Americans' pensions and retirement funds.
Stocks hit their lowest point of the year Monday. All three major domestic indexes dropped by at least 2%. Dory Wiley, president and CEO of Commerce Street Holdings, joined "CBS News Mornings" to explain what's behind the recent swings and share advice for investors.
The markets tumbled to kick off the new week, with the Dow Jones dropping roughly 650 points on Monday. Rod von Lipsey, the managing director at UBS Private Wealth Management, joins CBS News to discuss the impact the Federal Reserve's interest rate hikes are having on the markets.
Stock markets tumbled a day after the Federal Reserve announced an interest rate hike to combat inflation. Gargi Chaudhuri, head of iShares Investment Strategy, Americas at Blackrock, joins CBS News' Tanya Rivero and Mola Lenghi to break down the trading day and the Fed's decision.
The Dow Jones dropped Thursday following the release of the weekly jobless numbers and the Federal Reserve announcing a 0.5% interest rate hike as part of its ongoing effort to combat rising inflation. Frances Stacy, the director of portfolio strategy at Optimal Capital, joins CBS News to discuss the overall health of the U.S. economy.
Major stock indexes ended Wednesday mostly flat despite gains early in the day. Wall Street Journal reporter Caitlin McCabe joins CBS News at the closing bell to discuss what is driving the market.
President Biden announced the U.S. will ban Russian imports of oil. That announcement and other news surrounding Russia's war in Ukraine sent the stock market on a rollercoaster Tuesday. David Ragland, chief investment officer of IRC Wealth, joins CBS News at the closing bell to explain why days like these could be a good sign on Wall Street.
The index giant also said it is stripping Russia of its "emerging market" designation given the "deterioration" in its markets.
The Dow Jones posted gains for the second day in a row, gaining more than 800 points. Axios Business reporter Hope King joins CBS News to discuss the latest.
Stocks climbed for a fourth consecutive day, with the tech sector leading the way after after a sluggish start to the new year. Anastasia Amoroso, chief investment strategist with iCapital, joins CBS News for a recap of Wednesday's market activity.
It was another up-and-down day for the Dow Jones Industrial Average, ending up as the third straight day of gains after a mostly rough January. Mike Lewis, the head of U.S. equity cash trading at Barclays, joins CBS News with his insights.
Stocks closed up for the last day of January but were down for the month. Sébastien Page, chief investment officer and head of Global Multi-Asset at T. Rowe Price, joined CBS News to discuss the markets.
The Federal Reserve signaled it's getting ready to raise interest rates as soon as March but will keep rates near zero for now. Jared Woodard, the head of the research investment committee of Bank of America Global Research, joined CBS News at the closing bell to discuss the announcement.
The Dow Jones bounced back late Tuesday after dipping more than 800 points during the day, while other major indexes ended the day down. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the day's trading and what investors should be looking towards.
Wall Street analysts expect the central bank this week to signal that it will raise interest rates starting in March.
A person of interest was arrested more than eight hours after the shooting following a brief vehicle pursuit.
In a handwritten letter from Brittney Griner that was delivered to the White House, Griner wrote about how terrified she is.
Nicolas Toledo's granddaughter said her father tried to shield her grandfather and was shot in the arm; her boyfriend also was shot in the back.
A gunman attacked paradegoers from a rooftop during a Chicago suburb's Independence Day festivities.
"I know I'm young," Nyekuoth Manyuan told CBS News. "But the food's been taken away, and I want my family to survive."
The president is awarding the nation's highest military decoration to four soldiers for their service in Vietnam.
"We will be even stronger and our people will be even safer as we face the biggest security crisis in decades," NATO secretary general says.
A huge chunk of the glacier cleaved off Sunday, sparking an avalanche that sent torrents of ice, rock and debris plowing down the mountainside onto unsuspecting hikers below.
Camrynn Ray McMichael, of Mt. Vernon, died while on the way to the hospital, the Indiana State Police said.
The president is awarding the nation's highest military decoration to four soldiers for their service in Vietnam.
A huge chunk of the glacier cleaved off Sunday, sparking an avalanche that sent torrents of ice, rock and debris plowing down the mountainside onto unsuspecting hikers below.
A gunman attacked paradegoers from a rooftop during a Chicago suburb's Independence Day festivities.
"To all of a sudden to be told you can't use something that we could use for years, it's startling," Ed Craine said.
A resurgence in COVID-19 infections is also looming, bringing the threat of a reversion to pandemic precautions.
"To all of a sudden to be told you can't use something that we could use for years, it's startling," Ed Craine said.
A resurgence in COVID-19 infections is also looming, bringing the threat of a reversion to pandemic precautions.
"I needed $10,000 in 15 days," said décor shop owner in Texas who took out several loans in order to pay rent on time.
Donations are pouring in to nonprofit groups in what experts call an example of "rage giving."
The Amazon.com founder claims Biden is either relying on "misdirection or a deep misunderstanding of basic market dynamics."
Gov. Gavin Newsom is running for reelection in California, but his latest television ad is airing in Florida.
Committee members say new information is coming to light following Cassidy Hutchinson's testimony.
Williams, a retired U.S. Marine Corps officer and the last living medal of honor recipient from World War II, died Wednesday at 98 years old.
On this "Face the Nation" broadcast, Secretary Alejandro Mayorkas and Rep. Adam Schiff join Margaret Brennan.
"We see that as a top of the iceberg of poor health in women and poor health in Black women," Dr. Henning Tiemeier told "Face the Nation."
Dr. Karen Onel, pediatric rheumatology chief, explains symptoms of stiffness and joint swelling to look for in children.
A new Consumer Reports investigation found dangerous and potentially deadly bacteria in some ground meat sold in supermarkets around the U.S. Consumer Reports deputy editor for special projects Brian Vines joins “CBS Mornings” to talk about the "alarming" findings, and offers tips for safely cooking and eating ground meat this summer grilling season.
Retired soccer star Bruce Murray reveals evidence showing that his days on the field may have caused brain damage. Dr. Jon LaPook explains the latest research on CTE and why concussions are only partly at fault.
"We see that as a top of the iceberg of poor health in women and poor health in Black women," Dr. Henning Tiemeier told "Face the Nation."
The Texas Supreme Court has temporarily blocked a lower court order that allowed some abortions to resume.
"I know I'm young," Nyekuoth Manyuan told CBS News. "But the food's been taken away, and I want my family to survive."
"We will be even stronger and our people will be even safer as we face the biggest security crisis in decades," NATO secretary general says.
The United Nations has warned that extinctions are accelerating worldwide and at least a million species could disappear.
Police released video of the seized drones and said each one could carry up to 200 kilograms of product.
Three women and four men, including a minor, were shot at their home in the eastern state of Veracruz, officials said.
Grammy award winning singer-songwriter Sara Bareilles joins “CBS Mornings'' to discuss her role starring in the revival of "Into The Woods" on Broadway. She speaks on the healing power of the show and its important messages.
Dancer and actor Mikhail Baryshnikov sits down with Anthony Mason to discuss his role in “The Cherry Orchard” at Baryshnikov Arts Center in New York. He also voices his opinion on the ongoing war in Ukraine. Also, David Pogue meets the creators of Marcel the Shell, an animated character who stars in the film “Marcel the Shell with Shoes On.” “Here Comes The Sun” is a closer look at some of the people, places and things we bring you every week on “CBS Sunday Morning.”
CBS News hears the unlikely story of how rock star Randy Bachman's got his favorite guitar back from the man himself, and the two others who made it happen.
In January, same-day tourists will be required to make reservations and pay to visit the historic lagoon city.
Randy Bachman made hits like "American Woman" and "Takin' Care of Business" on a pumpkin orange 1957 Gretsch, a guitar he'd bought with savings as a teenager. But the instrument that the founding member of The Guess Who and Bachman-Turner Overdrive had learned to play on was stolen in 1976. CBS News senior foreign correspondent Elizabeth Palmer speaks with Bachman and the sleuth that tracked down his long lost guitar.
Digital asset brokerage company Voyager Digital is the latest casualty of the cryptocurrency meltdown. CBS News tech reporter Dan Patterson joins Anne-Marie Green to discuss what this means for investors.
Visits to counseling centers, fertility centers, addiction treatment facilities, weight loss clinics and cosmetic surgery clinics will also be erased from users' location histories.
FCC Commissioner Brendan Carr has issued an order for Apple and Google to remove TikTok from their app stores, citing a pattern of surreptitious data storage and access. The FCC gave Apple and Google until July 8 to respond. CBS News tech reporter Dan Patterson joins anchors Tanya Rivero and Nikki Battiste to explain the controversy.
Tech companies are facing numerous questions on whether they will cooperate with law enforcement officials who may seek to prosecute abortions where the procedure is now banned. CBS News tech reporter Dan Patterson has more on the pressures these companies are facing, including from their own employees.
CNET editorial director Dan Ackerman joins "CBS Mornings" to share innovative technology that can help families beat the heat and save money this summer.
The United Nations has warned that extinctions are accelerating worldwide and at least a million species could disappear.
The Supreme Court's ruling on Thursday limiting the Environmental Protection Agency's ability to strictly regulate greenhouse gas emissions from power plants makes the effort to counter climate change much more difficult. In this "CBS Sunday Morning" video essay, writer and narrator Robert Krulwich explains why rising levels of carbon dioxide in our air since the beginning of the Industrial Revolution pose an existential threat to us and our planet. Based on the work of Aatish Bhatia. Animation directed and designed by Nate Milton. Music by Buck St. Thomas.
State officials said Greenidge Generation's mine is a threat to New York's climate goals. A Greenidge spokesperson says, "It simply would not."
Dozens of wildfires were burning across the nation this week. Climate change is making these fires more frequent and intense, and the crews that fight them are feeling the toll. CBS News’ Ben Tracy sat down with Kelly Martin, president of the Grassroots Wildland Firefighters Association, to talk about what these brave firefighters go through.
Florida officials confirmed the recurrence of an invasive snail species that destroys wildlife and poses serious threats to human health.
A gunman attacked paradegoers from a rooftop during a Chicago suburb's Independence Day festivities.
Annalisa Rorvik and her husband were enjoying the Fourth of July parade in Highland Park, Illinois when they heard gunshots. In that moment, they knew they had to run for their lives. Rorvik spoke with Anne-Marie Green and Vladimir Duthiers on CBS News about what she saw and the "wave of panic" that seized the crowd.
At least six people are dead after a gunman fired into a crowd of parade goers in Highland Park, Illinois. CBS News correspondent Kris Van Cleave reports on what we've learned about the person of interest in the case, what we've learned about the victims and what Illinois Sen. Dick Durbin had to say about how the U.S. can combat gun violence.
Nicolas Toledo's granddaughter said her father tried to shield her grandfather and was shot in the arm; her boyfriend also was shot in the back.
No one has been arrested in connection with the shooting, and officials said it's unclear whether the person fired at officers intentionally.
New infrared sensor technology is designed to improve detection of ballistic and hypersonic weapons.
The SES-22 relay station is the first of six new satellites that will deliver TV, radio and data across the U.S.
"Seeing the Earth from the outside ... it really puts things into perspective," Katya Echazarreta said.
The solar-powered microwave oven-sized craft is a key part of the agency's Artemis moon program.
Depending on the results of an independent review, budget impacts and other factors, the Psyche mission could face cancellation.
Concerts are back on track, with rock, heavy metal, country and hip hop artists returning to live performances.
One of these shows could be your next binge obsession.
Looking for something fresh to watch? Here are the top films available on the streaming platform.
If you work in one of these industries, you already know the risks.
As abortion-rights activists mourned the end of an era, anti-abortion advocates celebrated a long-fought victory.
The person of interest in the Highland Park, Illinois parade shooting appears to fit a similar profile as other mass shooters. CBS News security and law enforcement analyst James Gagliano spoke with Anne-Marie Green and Vladimir Duthiers about what many mass shooters have in common and how families can miss the signs that someone is plotting a mass shooting.
Annalisa Rorvik and her husband were enjoying the Fourth of July parade in Highland Park, Illinois when they heard gunshots. In that moment, they knew they had to run for their lives. Rorvik spoke with Anne-Marie Green and Vladimir Duthiers on CBS News about what she saw and the "wave of panic" that seized the crowd.
At least six people are dead after a gunman fired into a crowd of parade goers in Highland Park, Illinois. CBS News correspondent Kris Van Cleave reports on what we've learned about the person of interest in the case, what we've learned about the victims and what Illinois Sen. Dick Durbin had to say about how the U.S. can combat gun violence.
Subvariants of the Omicron strain and an uptick in summer travel and gatherings is fueling a new wave of COVID-19 infections. And as monkeypox cases also rise, the Centers for Disease Control and Prevention recommends that high risk individuals get that vaccine. Dr. Celine Gounder, editor-at-large for public health at Kaiser Health News and an infectious disease specialist, joins “CBS News Mornings” to discuss.
A new Consumer Reports investigation found dangerous and potentially deadly bacteria in some ground meat sold in supermarkets around the U.S. Consumer Reports deputy editor for special projects Brian Vines joins “CBS Mornings” to talk about the "alarming" findings, and offers tips for safely cooking and eating ground meat this summer grilling season.