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.
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Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
Helicopter crashes into river in New York City; Dow tumbles 1,000 points after historic rally
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.
The U.S. and China have agreed on a temporary but significant easing of tariffs as trade talks progress. CBS News MoneyWatch correspondent Kelly O'Grady explains how the markets reacted.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Financial markets are likely to remain choppy until investors get more clarity on U.S. trade policy, Wall Street analysts say.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
Stocks slumped again on Monday as President Trump continued his attacks on Federal Reserve Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Stock market turmoil continued Thursday with the Dow Jones closing in the red. The drop comes as investors weigh progress in trade negotiations with Japan and navigate general uncertainty over the Trump administration's tariff plan. Notably, UnitedHealth shares fell after the company announced a cut to its annual profit forecast, citing expectations of high medical costs for the rest of the year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
Tuesday was another volatile day for the markets as tariff uncertainty gripped Wall Street. President Trump's reciprocal tariffs are set to go into effect Wednesday. CBS News' Kelly O'Grady, Aaron Navarro, Ramy Inocencio and Nikole Killion have all the latest tariff details.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
CBS News business analyst Jill Schlesinger breaks down what we're seeing from the markets Monday as President Trump reinforces his decision to impose sweeping tariffs on dozens of nations. "This is turbulence. This is uncertainty," CBS News business analyst Jill Schlesinger explained on CBS News 24/7. Plus, CBS News White House reporter Olivia Rinaldi brings us the latest from Washington, D.C.
Stocks are making sharp swings on Monday amid ongoing concerns about the U.S. economy following President Trump's tariff announcement last week. Helima Croft, the head of global commodity strategy at RBC Capital Markets, joins CBS News 24/7 to break down what's happening.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Iran denied its negotiators would be meeting with U.S. officials in Qatar after President Trump announced the talks would resume at Tehran's request.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
Once Russian soldiers reach certain parts of the front lines of the war in Ukraine, they can expect to live an average of just 20 to 35 minutes, according to a grim estimate by Russian military bloggers.
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
A heat wave will blast a large swath of the U.S. this week. The National Weather Service says temperatures will feel hotter because of the high humidity that's arriving with it.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
Officials say people and pets should keep a safe distance away from the water to limit the chances of an alligator encounter.
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
RoseMarie Terenzio, who was JFK Jr.'s former chief of staff and planned his secret wedding to Carolyn Bessette, said she doesn't think Taylor Swift and Travis Kelce are getting married at Madison Square Garden.
This year's Fourth of July celebrations in D.C. — marking the nation's 250th birthday — will include hours of military flyovers and a massive fireworks display that could stretch late into the night.
The Alaska Supreme Court ruled Monday that a man with the same name as Republican Sen. Dan Sullivan can challenge the sitting lawmaker in the state's GOP Senate primary in August.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
A big majority say the nation has succeeded in achieving its founding ideals, at least a fair amount, if not a great deal. But Americans also see a nation facing challenges today, according to CBS News' most recent poll.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
The USDA says almost 11% of SNAP payments contain errors, almost double the threshold set by Congress. Here's what is going on.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
This year's Fourth of July celebrations in D.C. — marking the nation's 250th birthday — will include hours of military flyovers and a massive fireworks display that could stretch late into the night.
The Alaska Supreme Court ruled Monday that a man with the same name as Republican Sen. Dan Sullivan can challenge the sitting lawmaker in the state's GOP Senate primary in August.
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
A big majority say the nation has succeeded in achieving its founding ideals, at least a fair amount, if not a great deal. But Americans also see a nation facing challenges today, according to CBS News' most recent poll.
The bipartisan committee said it "did not find evidence that your actions violated federal law, Senate rules or related standards of conduct."
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Europe has the oldest population of any continent while also warming the fastest, leading to a dangerous and deadly situation.
Once Russian soldiers reach certain parts of the front lines of the war in Ukraine, they can expect to live an average of just 20 to 35 minutes, according to a grim estimate by Russian military bloggers.
Ukraine has intensified strikes on Russia recently, targeting energy and logistics infrastructure.
Tens of thousands of people are still presumed to be missing after two powerful earthquakes struck Venezuela last week.
German police say a suspect was in custody and six were killed in a rare shooting that took place at a youth center in Stade, near Hamburg.
Will Taylor Swift be marrying Travis Kelce this week at Madison Square Garden? Jericka Duncan reports.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
RoseMarie Terenzio, who was JFK Jr.'s former chief of staff and planned his secret wedding to Carolyn Bessette, said she doesn't think Taylor Swift and Travis Kelce are getting married at Madison Square Garden.
Olivia Wilde and Edward Norton, stars of "The Invite" preview the film, which explores the unraveling and evolution of two very different marriages over the course of an unforgettable evening. The two discuss if they brought any of their own experiences to the movie and Wilde, who also directed the film, shares why she was initially reluctant to star in it.
"CBS Mornings" exclusively reveals the trailer for "The Angry Birds Movie 3." The film stars Jason Sudeikis and debuts in theaters on Dec. 23.
The Trump administration is allowing Anthropic to restore access to its Mythos 5 AI model for a select group of U.S. companies and federal agencies. New York Times tech reporter Sheera Frenkel joins CBS News to discuss.
The transcontinental railroad changed just about everything in America: transportation, communications, commerce, cities, politics, even our perception of time. Correspondent David Pogue visits Steamtown National Historic Site, in Scranton, Pa., home to Big Boy, the biggest functioning steam train in the world, to learn how trains helped define an expansive America.
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.
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
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.
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.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
German police say a suspect was in custody and six were killed in a rare shooting that took place at a youth center in Stade, near Hamburg.
Alex Murdaugh is expected back in court in South Carolina on Monday for the first time since the state Supreme Court overturned his convictions for killing his son and wife. Skyler Henry reports.
For most of his life, Reggie Reed has wondered who murdered his mother Selonia Reed decades ago in Hammond, Louisiana. A fresh look at the evidence ultimately implicated the man he called his "rock" — Reginald Reed Sr., the man who lovingly raised him.
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
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 "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
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.
In southern Utah, the Cottonwood Fire tore through part of Eagle Point Resort, forcing it to close. Samantha Garcia, director of marketing for Eagle Point, joins CBS News to discuss.
NASA will attempt a daring space rescue mission as soon as Tuesday morning to prevent an aging telescope from falling back to Earth. CBS News space consultant Bill Harwood has more.
The back-to-back earthquakes in Venezuela last week knocked out power in two of the three public hospitals in the hard-hit coastal state of La Guaira, the director of the nonprofit "United Doctors of Venezuela" tells the New York Times. New York Times reporter Genevieve Glatsky joins CBS News to discuss.
According to maritime tracking website Kpler, 29 vessels passed through the Strait of Hormuz on Saturday and 12 on Sunday, a sharp drop from the 74 ships on Wednesday. On Thursday, Iranian drones hit a ship in the strait, setting off retaliatory strikes from the United States. Over the weekend, Iran attacked a second ship and launched missile and drone strikes at American bases in the region. Aaron MacLean, CBS News national security analyst and host of the "School of War podcast," has the latest.