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.
Dow Jones
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.
Stock markets slide and oil prices surge after Israel attack on Iran
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
Markets rally after Trump's EU tariff delay
The stock market rallied on Tuesday following President Trump's announcement that he would delay a 50% tariff on goods from the European Union. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Markets slide after Trump lobs tariff threats at Apple and EU
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
Stocks fall as Trump threatens new tariffs
The Dow Jones closed down on Friday as President Trump's fresh tariff threats lit a fire under the European Union and Apple. Sarah Frier, Bloomberg technology editor, joins with analysis.
Stocks close relatively flat
One day after it tumbled more than 800 points, the Dow Jones landed in the red by the tiniest of margins on Thursday. CBS News contributor JD Durkin examines the market.
Stock market falls sharply after Target reports sales drop
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Dow tumbles over 800 points, bond yields spike
The Dow Jones dropped more than 800 points on Wednesday. Paul La Monica, senior writer for Barron's, joins CBS News to examine what's behind the selloff.
Big tech stocks dip lower
The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
Stock futures fall after Moody's downgrades U.S. credit rating
Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
Apr 10: CBS News 24/7, 4pm ET
Helicopter crashes into river in New York City; Dow tumbles 1,000 points after historic rally
Big Tech stocks rise with CEOs in Saudi Arabia
The Dow Jones dipped on Tuesday, but Big Tech stocks saw gains as CEOs joined President Trump on his trip to Saudi Arabia. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Live
Iran says it has offered a new proposal for peace talks with the U.S.
Iran says it's offered a new proposal for talks with the U.S. to end the war, as the Strait of Hormuz standoff sends costs soaring around the world.
Exclusive
Confrontation between officers and alleged shooter at D.C. gala lasted 7 seconds
Seven seconds passed between when the alleged gunman at Saturday's White House Correspondents' Dinner — carrying a shotgun initially concealed by a jacket — first encountered federal law enforcement and when he was subdued, sources told CBS News.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II crew joined "CBS Mornings" Friday for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
Could the FCC really yank ABC's TV licenses amid Trump spat with Kimmel?
Federal telecom regulators can revoke broadcast licenses, but legal experts say the FCC would face a tough road in forcing ABC to go dark.
As Iran war hits key 60-day deadline, Congress and Trump face choices
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
Trump signs bill funding DHS, ending record-breaking 76-day shutdown
The longest shutdown of a federal department in U.S. history came to an end on Thursday when President Trump signed a bill to fund most of the Department of Homeland Security following a breakthrough on Capitol Hill.
Exclusive
New White House drug abuse strategy floats wastewater testing, AI, more treatment
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Delays in visa program threaten placement of hundreds of doctors in underserved areas
Hundreds of foreign doctors about to complete training in the U.S. will have to leave the country if the federal government doesn't rapidly process their visa waiver applications, immigration attorneys say.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
U.S.
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Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Home prices are dropping in one-third of U.S. cities. Here's where.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II crew joined "CBS Mornings" Friday for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
Meet the horses running in the Kentucky Derby
The Kentucky Derby will see a full field of 20 horses in the first leg of the 2026 competition for horse racing's Triple Crown.
MoneyWatch
More MoneyWatch
Home prices are dropping in one-third of U.S. cities. Here's where.
Cities in Florida and California, where home prices soared during the pandemic, saw some of the steepest declines in property values.
Amtrak may ease rules on guns on its trains, sources say
Amtrak may ease rules on guns on its trains, sources say. Critics worry that would weaken security even though, authorities say, the accused correspondents' dinner shooter took Amtrak cross-country with his firearms.
Could the FCC really yank ABC's TV licenses amid Trump spat with Kimmel?
Federal telecom regulators can revoke broadcast licenses, but legal experts say the FCC would face a tough road in forcing ABC to go dark.
"Ozempic breath" is boosting Hershey's sales of mints and gum
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Spotify's new badge identifies human artists, as AI music floods in
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Politics
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Amtrak may ease rules on guns on its trains, sources say
Amtrak may ease rules on guns on its trains, sources say. Critics worry that would weaken security even though, authorities say, the accused correspondents' dinner shooter took Amtrak cross-country with his firearms.
Delays in visa program threaten placement of hundreds of doctors in underserved areas
Hundreds of foreign doctors about to complete training in the U.S. will have to leave the country if the federal government doesn't rapidly process their visa waiver applications, immigration attorneys say.
Exclusive
New White House drug abuse strategy floats wastewater testing, AI, more treatment
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Exclusive
Confrontation between officers and alleged shooter at D.C. gala lasted 7 seconds
Seven seconds passed between when the alleged gunman at Saturday's White House Correspondents' Dinner — carrying a shotgun initially concealed by a jacket — first encountered federal law enforcement and when he was subdued, sources told CBS News.
Trump officials flew on 1st non-stop commercial flight from US to Venezuela in years
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
HealthWatch
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Delays in visa program threaten placement of hundreds of doctors in underserved areas
Hundreds of foreign doctors about to complete training in the U.S. will have to leave the country if the federal government doesn't rapidly process their visa waiver applications, immigration attorneys say.
Exclusive
New White House drug abuse strategy floats wastewater testing, AI, more treatment
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
"Ozempic breath" is boosting Hershey's sales of mints and gum
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Funding cuts for fentanyl test strips raise concerns: "It doesn't make sense"
Test strips cost about $1 each and can be used to check drugs for dangerous contaminants, including fentanyl and xylazine.
Trump drops Casey Means as surgeon general nominee, names Nicole Saphier
President Trump picked Dr. Nicole Saphier as his new nominee for surgeon general, and blamed Republican Sen. Bill Cassidy for Casey Mean's nomination stalling in the Senate.
World
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Live
Iran says it has offered a new proposal for peace talks with the U.S.
Iran says it's offered a new proposal for talks with the U.S. to end the war, as the Strait of Hormuz standoff sends costs soaring around the world.
Man arrested for allegedly dumping wife's body in zoo incinerator
Police arrested a man for allegedly incinerating his dead wife at the zoo where he worked, officials said, following the discovery of human remains.
U.K. raises terrorism threat level to "severe" after stabbing attack
The U.K. has raised its national threat level from "substantial" to "severe," citing the increasing threat of Islamist and extreme right-wing terrorism in the country.
Trump officials flew on 1st non-stop commercial flight from US to Venezuela in years
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
Jewish Londoners describe "utter horror" and living in fear after latest attack
"We've been warning about this for a long time," one local resident told CBS News. "It's like a tsunami — you see the smaller waves before the big one hits."
Entertainment
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Entertainment
A look at Spencer Pratt's mayoral campaign
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Stars preview "Devil Wears Prada 2"
Meryl Streep, Anne Hathaway, Emily Blunt and Stanley Tucci are reprising their iconic roles for "The Devil Wears Prada 2" 20 years after the original film was released. The stars speak to "CBS Mornings" co-host Gayle King and give an inside look at the movie.
Eliminated survivor contestant on new twist
(Warning: Spoilers ahead!) The fifth member of the "Survivor 50" jury, who was eliminated during Wednesday's episode, talks about being voted off and a huge twist in the game.
David Allan Coe, singer who wrote "Take This Job and Shove It," dies at 86
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
New details in case against singer D4vd
Musician D4vd was in a Los Angeles court on Wednesday as prosecutors laid out a timeline and highlighted new details in their case against him in the murder of Celeste Rivas Hernandez. The singer has pleaded not guilty to the charges. Warning, the details in this story are disturbing.
Technology
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Technology
Elon Musk concludes testimony in OpenAI trial
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Elon Musk cross-examined in OpenAI trial
Elon Musk was cross-examined in his lawsuit against OpenAI on Thursday. In testimony on Wednesday, he said he was "a fool" for funding OpenAI. He is accusing OpenAI and its CEO, Sam Altman, of betraying him and the public by abandoning its core mission as it transitioned from a nonprofit to a for-profit company. WIRED senior writer Maxwell Zeff joins CBS News to discuss.
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.
Spotify's new badge identifies human artists, as AI music floods in
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Buying a computer? AI is making it more expensive.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
Science
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Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
Crime
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Crime
Did Jeffrey Epstein write a suicide note?
The New York Times is reporting that a note apparently left behind by convicted sex offender Jeffrey Epstein before his death has been tied up in court for years. CBS News' Anna Schecter has more.
Camp Mystic will not reopen this summer
Camp Mystic's operators are no longer looking to open this summer after some victims and their families spoke out against the decision. CBS News' Jason Allen reports.
Details on correspondents' dinner encounter
New video shows how Cole Allen appears to rush the security checkpoint at the White House Correspondents' Dinner. This comes as more information about his movements emerges. CBS News' Katrina Kaufman reports.
Man arrested for allegedly dumping wife's body in zoo incinerator
Police arrested a man for allegedly incinerating his dead wife at the zoo where he worked, officials said, following the discovery of human remains.
Fin Gómez on correspondents' dinner shooting
CBS News political director and executive director of politics and White House Fin Gómez reflects on the White House Correspondents' Dinner attack on "The Daily Report," saying he was proud of "our fellow colleagues."
Space
More Space
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II crew joined "CBS Mornings" Friday for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX launches Falcon Heavy rocket carrying powerful satellite
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Latest Galleries
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Notable Deaths in 2026
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
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Latest CBS News Videos
Artemis crew on if they would go back to space
Artemis II pilot Victor Glover spoke about his dreams for space exploration, which includes astronauts making it to Mars one day. The crew also revealed if they would return to space.
Did Jeffrey Epstein write a suicide note?
The New York Times is reporting that a note apparently left behind by convicted sex offender Jeffrey Epstein before his death has been tied up in court for years. CBS News' Anna Schecter has more.
Ron Howard, Artemis astronauts on Apollo 13's impact
Ron Howard joined "CBS Mornings" to talk about directing his 11995 film, "Apollo 13," and the duality of watching the Artemis II astronauts' liftoff in April. The crew also shared how Howard's film impacted them, and Howard recalled a story where he told Kevin Bacon, "You get 10 extra close-ups if you keep your mouth shut!"
Reid Wiseman on advice for students
While taking questions from students, Artemis II commander Reid Wiseman encouraged the live "CBS Mornings" studio audience to "find the thing you love doing" when considering your future.
Artemis astronauts talk food on mission
Crew members from the Artemis II mission reveal what food they ate during their lunar flyby mission and what you can't eat while in space.