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.
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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.
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
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.
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.
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.
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 tumbled on Friday after President Trump threatened to slap a 35% tariff on Canadian goods. CBS News MoneyWatch correspondent Kelly O'Grady reports.
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.
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.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
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 market futures climbed and oil prices fell Tuesday, a sign Wall Street expects geopolitical risks to recede.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
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.
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
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.
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.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
President Trump threatened to bomb an Iranian bridge or power plant for every ship attacked in the Strait of Hormuz, as one shipping insider says "nothing is going through."
House Republicans adopted a budget resolution that kickstarts the party-line reconciliation process. It now heads to the Senate, where it'll face an uphill battle.
Secret Service officials warned nationwide threats have reached an unprecedented level since January, nearly 40% higher than during the same period last year.
Democrat Amish Shah will be up against Republican Jay Feely in Arizona's 1st Congressional District in November.
The Advisory Council for Historic Preservation, whose members were mostly handpicked by President Trump, is poised to end mandatory state review and public comment on projects affecting historical properties.
The Stop Insider Trading Act would prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Nolan Wells, 18, was found dead just off Horn Island in Mississippi after enjoying a day out with friends on July 4.
Lung cancer is the leading cause of cancer death in American women — and a growing share of new cases are in women who've never smoked.
Madison's chief of police says an officer in Wisconsin's capital city shot and killed a man who had injured him with a knife while resisting arrest.
The GOP chair of the House Judiciary Committee encouraged the DOJ to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress.
Democrat Amish Shah will be up against Republican Jay Feely in Arizona's 1st Congressional District in November.
Torrential rains in West Virginia have caused flash flooding that inundated homes and businesses this week.
Secret Service officials warned nationwide threats have reached an unprecedented level since January, nearly 40% higher than during the same period last year.
The Stop Insider Trading Act would prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Health policy experts say higher import duties could increase costs and strain supplies while offering no guarantee manufacturers will shift production to the U.S.
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
The site claims its hub will provide accurate insights into election outcomes based on traders' bets.
The GOP chair of the House Judiciary Committee encouraged the DOJ to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress.
Democrat Amish Shah will be up against Republican Jay Feely in Arizona's 1st Congressional District in November.
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
Secret Service officials warned nationwide threats have reached an unprecedented level since January, nearly 40% higher than during the same period last year.
The Advisory Council for Historic Preservation, whose members were mostly handpicked by President Trump, is poised to end mandatory state review and public comment on projects affecting historical properties.
A pastor in Florida is suing OpenAI after he used ChatGPT for medical advice and received suggestions that he claims caused him to delay necessary treatment. Jo Ling Kent reports.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Health policy experts say higher import duties could increase costs and strain supplies while offering no guarantee manufacturers will shift production to the U.S.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
Lung cancer is the leading cause of cancer death in American women — and a growing share of new cases are in women who've never smoked.
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
Two beluga whales settled into their new home at SeaWorld San Antonio this week following an international relocation mission from shuttered Canadian theme park Marineland.
France experienced at least 5,700 more deaths than usual during a historic heat wave last month, according to the public health agency.
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
The U.S. and Saudi Arabia signed a deal for U.S. companies to run nuclear power on Saudi soil, the U.S. Department of Energy announced Wednesday.
Luke Bracey tells "CBS Mornings" the new "Little House on the Prairie" series was adapted from the books rather than a reboot of the TV show. He explains why he thinks it resonates with people today and how a playlist helped him and a co-star bond over their characters.
Anson Mount previews the fourth season of "Star Trek: Strange New Worlds." He talks about his introduction to "Star Trek" and why he thinks it's the best season yet.
Tenisha Warner sat down for an exclusive interview with "CBS Mornings" before a lawsuit over her late husband's estate became public, and discussed her grief and raising her daughter alone.
Christopher Nolan's "The Odyssey" has made history as the first feature-length film shot entirely on 70mm IMAX cameras. Jay Holben, technical editor for the American Cinematographer, joins CBS News to discuss.
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
ChatGPT developer OpenAI says its artificial intelligence systems hacked into another AI company without prompting. Connor Leahy, U.S. director for ControlAI, joins CBS News to discuss.
OpenAI, the developer behind ChatGPT, says one of its artificial intelligence models went rogue and hacked another AI company. Neil Lawrence, professor of machine learning at the University of Cambridge, joins to assess the claim.
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.
New findings identified a technology that could restore movement and sensation for millions of paralyzed people living with spinal cord injuries. Bradley Blackburn has the story.
OpenAI says its new artificial intelligence model hacked another company on its own in what the company called "an unprecedented cyber incident." Mashable tech editor Tim Werth joins CBS News to discuss.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Madison's chief of police says an officer in Wisconsin's capital city shot and killed a man who had injured him with a knife while resisting arrest.
A pastor in Florida is suing OpenAI after he used ChatGPT for medical advice and received suggestions that he claims caused him to delay necessary treatment. Jo Ling Kent reports.
A Delta Airlines pilot coming in to land a flight with more than 100 people on board faced terrifying moments over LaGuardia Airport on Tuesday night after an anonymous caller falsely reported a rocket launcher on the ground. Tom Hanson has the story.
Florida police fired a barrage of bullets at a vehicle belonging to a man wanted in the killing of a mother of four after he led them on a wild car chase. The suspect was taken into custody. Cristian Benavides has more.
An independent autopsy for Nolan Wells, the Mississippi teen who was found dead after a July Fourth boat party, has been released. Skyler Henry reports.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
A California man is taking advantage of remote work with viral office settings that are attracting fans, critics, and thousands of views. Gwen Baumgarder joined him for a workday at the ballpark.
When it comes to heart health.. how many cups of caffeinated coffee are safe to drink each day? A new statement from the American Heart Association may be reassuring to coffee drinkers. Gwen Baumgardner has more.
Julie Swann, head of the department of industrial and systems engineering at North Carolina State University, joins "The Daily Report" to discuss the tracking and tracing underway as the U.S.' cyclosporiasis outbreak surpasses 4,000 cases.
Forecasters say Tropical Storm Bertha will move over New Orleans on Wednesday night and then continue toward Houston. CBS News' Lana Zak and Zoe Mintz have the latest on the storm's impact.
A dignified transfer was held Wednesday for the four U.S. Army soldiers killed in the Middle East in recent days amid the ongoing war with Iran. Lindsey Reiser shares more details on Lt. Tyler James Feehan, Pvt. Isabella Gonzales, Sgt. Angel Rampersad and Sgt. Michael Emmanuel Swinton.