Biden calls for more banking regulations
The stock market closed higher Thursday as President Biden called for increased oversight into banking regulations. New Constructs CEO David Trainer joined CBS News to break down investors' reactions.
Dow Jones
Stocks close higher as banking fears ease
The stock market closed higher Wednesday, following the second day of congressional hearings on the Silicon Valley Bank collapse. Dory Wiley, the president and CEO of Commerce Street Holdings, joined CBS News to discuss what the hearings mean for investors.
Stocks rally despite banking concerns
Stocks closed in the green one day after the Federal Reserve announced a quarter-point interest rate hike. Washington Post economics reporter Rachel Siegel joined CBS News to discuss what the move means for investors.
Banking instability sparks U.S. recession fears
The Dow Jones fell sharply Wednesday after shares in Swiss bank Credit Suisse hit a record low. Host of "The Street" J.D. Durkin spoke with CBS News about recent trends in the marketplace and how they could impact federal economic action.
Investors react to Silicon Valley Bank collapse
The stock market closed relatively flat a day after the federal government took action to ensure that Silicon Valley Bank's customers would not lose their deposits in the bank's collapse. CBS News business analyst Jill Schlesinger joined Elaine Quijano to discuss how the action will impact investors and consumers going forward.
Regulators seize control of Silicon Valley Bank
Regulators seized control of Silicon Valley Bank on Friday, the first time this type of measure has been taken since the Great Depression. J.D. Durkin of "The Street" joins CBS News with how this is affecting the markets.
Rough day for the Dow Jones
The Dow Jones ended the day in the red, down about 700 points. The slide comes as big box retailers predict a rough outlook for 2024. Business journalist Kristin Myers joined CBS News to discuss what the numbers mean for the market.
Dow Jones plummets after inflation report
The Dow Jones closed in the red Thursday, with rising producer prices expected to fuel inflation. Nancy Davis, founder and and chief investment officer for Quadratic Capital Management, joined CBS News to break down what the rising prices mean for investors going forward.
More companies to report Q4 earnings
The stock market saw a sharp rise Monday ahead of the release of the January Consumer Price Index report, and as the last round of large companies prepare to release their 2022 fourth-quarter earnings. Landsberg Bennet Private Wealth Management chief investment officer Michael Landsberg joined CBS News to discuss what the developments mean for investors.
U.S. jobless claims rise for first time in six weeks
Yahoo has announced plans to cut more than 20 percent of its workforce. The announcement comes one day after Disney announced job cuts. Financial journalist Kristin Myers joined CBS to discuss what the layoffs could mean for investors.
How State of the Union impacted stocks
The Dow Jones ended Wednesday in the red following President Biden's State of the Union address. Dan Geltrude, founder of accounting firm Geltrude and Company, joined CBS to discuss the economic impact of the speech.
Stocks finish higher on encouraging GDP numbers
The Dow Jones ended in the green Thursday following a report that showed the U.S. gross domestic product rose 2.9% in the fourth quarter of 2022. Kayla Bruun, economic analyst for Morning Consult, joined CBS News to discuss what the latest GPD data could mean to the economy.
Missed expectations drove markets, expert says
The New York Stock Exchange ended relatively flat Wednesday. Dory Wiley, the president and CEO of Commerce Street Holdings told CBS News that missed expectations drove the markets, as recession fears loom.
Markets respond positively to latest inflation numbers
The Dow Jones rose Friday after the Federal Reserve's preferred measure of inflation eased again in November. Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, discussed how the markets reacted to the news.
Stocks continue to fall at end of turbulent week
The Dow dropped another 300 points at its opening Friday, the index's third straight day of losses after news of a rise in interest rates and a drop in retail spending. Jesse Wheeler, an economic analyst for Morning Consult, joins CBS News to discuss the latest financial news and what the future holds.
European markets drop after Truss' resignation
European markets have been taking direct hits following the resignation of British Prime Minister Liz Truss. The continent was already facing record-high inflation and interest rate hikes, similar to the U.S. Akin Oyedele, investing deputy editor at Business Insider, joined CBS News' Catherine Herridge to discuss.
Markets fall sharply amid recession fears
It was another disappointing week for the stock market with all major indices in the red. CBS News' Catherine Herridge speaks with Yahoo Finance reporter Alexandra Semenova about what we might expect in the coming weeks.
Amazon pauses corporate hiring
Amazon announced it's pausing hiring for corporate positions in a move to try to cut costs amid concerns about a potential recession. Meanwhile, mortgage rates fell below 7% this week, but they're still higher than they were last year. CBS News anchors Lana Zak and Errol Barnett spoke with Lindsay Owens, executive director of Groundwork Collaborative, about where the U.S. economy stands.
Dow Jones enters bear market territory
All three major U.S. stock market indexes are in a bear market territory. Wall Street Journal reporter Akane Otani joins John Dickerson on "Prime Time" to discuss.
Dow drops 880 points amid latest inflation numbers
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.
Stocks close on worst September since 2008
Markets closed down Friday, closing the worst September for stocks since 2008. CBS News anchors Nikki Battiste and Elaine Quijano speak with Tim Pagliara, chief investment officer of CapWealth, about what drove trading.
Hurricane Ian's impact on stocks
The stock market finished with substantial gains on Wednesday despite Hurricane Ian making landfall in Florida. CBS News anchors Tanya Rivero and Lana Zak speak with Kristin Myers, editor-in-chief of The Balance, about the impact the storm could have on the economy.
Recession fears mount as U.S. stocks fall
The Dow Jones Industrial Average, S&P 500 and NASDAQ each lost more than 1.5% on Friday, with the Dow closing at its lowest level since late 2020. CBS News correspondent Michael George has more on the troubling economic trends.
Dow drops below 30,000 points
The Dow Jones Industrial Average dropped below 30,000 Friday for the first time since 2020. Javier David, managing editor of business and markets at Axios, joined CBS News to discuss the volatile market.
Markets fall to close out week
All three major stock indexes ended the week with losses for the fourth time in five weeks. Victoria Fernandez, chief market strategist at Crossmark Global Investments, joins CBS News to discuss what it means for the U.S. economy.
Trump orders federal agencies to stop using Anthropic's AI technology
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
Hegseth declares Anthropic a "supply chain risk to national security"
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Renee Good's family spent "hours in limbo" after she was fatally shot
Renee Good's family said they spent agonizing "hours in limbo," unsure of the details surrounding her fatal shooting by a U.S. Immigration and Customs Enforcement officer in Minneapolis last month.
Bill Clinton at Epstein deposition: "I saw nothing, and I did nothing wrong"
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York.
Hegseth says Pentagon canceling troops' attendance at top universities
Defense Secretary Pete Hegseth announced Friday that the Pentagon would be canceling troops' attendance at some of the nation's top universities.
Stocks tumble as investors fret over inflation data, AI
Stocks fell in afternoon trading after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
Neil Sedaka, singer whose hits included "Laughter in the Rain," dies at 86
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Pentagon shoots down Customs and Border Protection drone in Texas, officials say
A U.S. official says a laser weapon was used to down the drone in the area of Fort Hancock, a small community on the U.S.-Mexico border.
U.S.
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A Hawaii man tackled his sports gambling addiction by offering free surf lessons
For Buddy Wiggins of Honolulu, Hawaii, the end result of a yearslong sports gambling addiction has come to this: soliciting strangers on the beach.
Renee Good's family spent "hours in limbo" after she was fatally shot
Renee Good's family said they spent agonizing "hours in limbo," unsure of the details surrounding her fatal shooting by a U.S. Immigration and Customs Enforcement officer in Minneapolis last month.
10 Epstein files conspiracy theories, debunked
Conspiracy theories about the Epstein files have racked up millions of views on social media. Here's what to know about 10 of the most viral claims.
Robots, already in hospitals, are ready to roll in other industries
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
Neil Sedaka, singer whose hits included "Laughter in the Rain," dies at 86
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
MoneyWatch
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Hegseth declares Anthropic a "supply chain risk to national security"
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Robots, already in hospitals, are ready to roll in other industries
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
Book excerpt: "Streetwise" by Lloyd Blankfein
In his new memoir, the former CEO of Goldman Sachs writes about a life that stretched from the projects of New York City to the pinnacle of Wall Street.
Small business owner is already giving her customers a tariff refund
"If somebody charges you something and it's unlawful, they should give you your money back," Dame CEO Alexandra Fine said.
Stocks slump as inflation, AI worries rattle investors
Stocks fell Friday after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
Politics
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Hegseth declares Anthropic a "supply chain risk to national security"
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Hegseth says Pentagon canceling troops' attendance at top universities
Defense Secretary Pete Hegseth announced Friday that the Pentagon would be canceling troops' attendance at some of the nation's top universities.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
Trump administration labels Iran state sponsor of wrongful detention
The designation enables the U.S. to punish Iran for detaining Americans for political leverage
Trump orders federal agencies to stop using Anthropic's AI technology
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
HealthWatch
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Medicaid is paying for more dental care. GOP cuts threaten to reverse the trend.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
Health premiums threaten their nest egg. A terminal diagnosis may spare it.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
Could "kidulting" be the way to take the work out of your workout?
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Novo Nordisk to slash Wegovy and Ozempic prices starting in 2027
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
As more Americans embrace anxiety treatment, RFK Jr. derides medications
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
World
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More than a dozen killed when plane carrying money crashes in Bolivia, official says
The plane belonging to the Bolivian air force was transporting new banknotes from Bolivia's Central Bank to other cities. A large number of bills were scattered on the ground at the crash site.
U.S.-Iran deal is "within our reach," Omani mediator says
Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday.
Trump administration labels Iran state sponsor of wrongful detention
The designation enables the U.S. to punish Iran for detaining Americans for political leverage
Rare 2,000-year-old treasure unearthed by metal detectorists
The find was made on a farmer's land in western Wales, museum Amgueddfa Cymru said.
Trump says he's "not happy" with progress in Iran negotiations
President Trump said Friday that he is "not happy" with the pace of progress in negotiations with Iran.
Entertainment
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Entertainment
From the archives: Neil Sedaka on writing a hit song
Neil Sedaka, the singer and songwriter behind such hits as "Breaking Up is Hard to Do," "Calendar Girl," and "Love Will Keep Us Together," died on Friday, Feb. 27, 2026 at age 86. In this 2020 "Sunday Morning" story, David Pogue talked with Sedaka – as well as Valerie Simpson (of Ashford & Simpson), author John Seabrook, and producer Oak Felder – about the elements that go into writing a hit song.
Neil Sedaka, singer whose hits included "Laughter in the Rain," dies at 86
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Book excerpt: "Never Mind the Happy" by Marc Shaiman
In his memoir, the Tony Award-winning composer of such hits as Broadway's "Hairspray" writes of his half-century in show business, which grew in part from his youthful worship of Bette Midler - an adoration that would grow into a collaboration.
"Sinners" composer on blues music journey
For Oscar-winning composer Ludwig Goransson, creating the score for "Sinners" was a challenge, explaining he had to find his "voice within the blues." He describes his unlikely personal connection to the music and how he met the film's director.
"Scream" creator on directing latest movie
"Scream" writer and creator Kevin Williamson describes his passion for horror films and being asked to direct a "Scream" movie for the first time, at the request of one of the returning stars. Natalie Morales reports.
Technology
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Technology
Hegseth makes Anthropic a supply-chain risk
President Trump ordered the federal government to cut ties with tech start-up Anthropic. Defense Secretary Pete Hegseth also said he will designate Anthropic a supply-chain risk to national security. Brendan Bordelon, AI and tech influence reporter for Politico, joins "The Daily Report" to discuss.
Ex-Air Force secretary on Anthropic dispute
The deadline for artificial intelligence company Anthropic to meet the Pentagon's demands for unrestricted AI access has come and gone without a deal. Frank Kendall, secretary of the Air Force during the Biden administration, joins "The Takeout" with analysis.
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.
Robots, already in hospitals, are ready to roll in other industries
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
Trump ends federal use of Anthropic's AI tech
President Trump on Friday ordered federal agencies to stop using Anthropic's artificial intelligence technology. The company was in a dispute with the Pentagon over the military's use of its AI. Katrina Manson, Bloomberg News reporter, joins to discuss.
Science
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NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Crime
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Crime
Bill Clinton opening statement for deposition
Former President Bill Clinton is being deposed by members of the House Oversight Committee over his alleged links to Jeffrey Epstein. CBS News' Nikole Killion reports.
Did ICE lie before detaining NYC student?
Columbia University acting president Claire Shipman described the ICE detention of student Elmina "Ellie" Aghayeva, claiming agents gained entry to a residential building by stating they were police seeking a missing child. CBS News' Tom Hanson reports.
Bill Clinton's turn for Epstein deposition
Former President Bill Clinton is up next for a deposition before members of the House Oversight Committee regarding his alleged links to convicted sex offender Jeffrey Epstein. CBS News' Nikole Killion reports.
Latest news Columbia student taken by ICE
Columbia University student Elmina Aghayeva has been released after ICE took her from one of the institution's residential buildings. CBS News' Tom Hanson reports.
Epstein files questionings continue
Kentucky Republican Rep. James Comer, the chairman of the House Committee on Oversight and Accountability, said Commerce Secretary Howard Lutnick may be asked to testify on his knowledge of convicted sex offender Jeffrey Epstein's dealings. This comes as former President Bill Clinton prepares for his deposition. CBS News' Nikole Killion reports.
Space
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Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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
Trump "not happy" with Iran despite hopes for deal
As the threat of war with Iran looms, a second American aircraft carrier moved closer to the Middle East as the families of U.S. diplomats in the region were given the option leave. Charlie D'Agata has details.
Man offers free surf lessons to cope with issues
For Buddy Wiggins of Honolulu, Hawaii, the end result of a yearslong sports gambling addiction has come to this: soliciting strangers on the beach. The 32-year-old pool cleaner says he heard a voice, a calling, to take his life in a radically different direction. Steve Hartman has the story.
Alleged gunman's father takes stand at trial
Colin Gray took the stand in his Georgia trial, where he's facing second-degree murder charges after buying his son a rifle the boy allegedly used to kill people in a school shooting. Skyler Henry has more.
What's at stake in the Pentagon-Anthropic dispute
For days, one of America's leading artificial intelligence companies and the Pentagon have been in a standoff over this question: who gets ultimate control over the use of that powerful technology? Jo Ling Kent explains what's at stake.
Bill Clinton on Epstein: "I did nothing wrong"
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York, the first time a former president has been compelled to testify to Congress. Nikole Killion reports.