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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.
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 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.
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.
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.
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.
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.
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.
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.
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.
Stocks dropped after the latest Consumer Price Index report showed U.S. inflation remains high. The Dow tumbled nearly 1,300 points Tuesday for the worst day since June 2020. Wall Street Journal reporter Dion Rabouin joins CBS News to discuss the market reaction.
The Consumer Price Index report for August tanked the stock market as inflation continued to slow at a snail's pace. Emil Michael, chairman and CEO of DPCM, joins CBS News to discuss the impact on the overall economy.
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
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.
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
Federal telecom regulators can revoke broadcast licenses, but legal experts say the FCC would face a tough road in forcing ABC to go dark.
The longtime president of Bard College announced his retirement, months after it was revealed that he had a much deeper relationship with convicted sex offender Jeffrey Epstein than was previously known.
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
The longtime president of Bard College announced his retirement, months after it was revealed that he had a much deeper relationship with convicted sex offender Jeffrey Epstein than was previously known.
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
Mike and Kayla Wintz lost their entire 11,000-acre ranch to a wildfire in the span of about two hours. They have since been gifted about $80,000 worth of hay, mostly from anonymous donors.
A federal appeals court has restricted access to one of the most common means of abortion in the U.S. by blocking the mailing of mifepristone.
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
Have tickets to fly on Spirit? Here's what to know about refunds and alternative flights as the budget airline ceases operations.
The first refund payments will go out later this month as the portal works through kinks to return money to businesses.
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals.
Cameron Rider's fatigue, body aches and fever were diagnosed as pneumonia, but he couldn't seem to get better.
A federal appeals court has restricted access to one of the most common means of abortion in the U.S. by blocking the mailing of mifepristone.
Former Sen. Ben Sasse, 54, called daraxonrasib "a miracle drug" that was allowing him to live longer and with less pain.
The "big beautiful bill" requires U.S. states to add work requirements to Medicaid by January 2027. Experts warn millions could lose health coverage.
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.
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
President Trump on Friday told Congress that hostilities with Iran have "terminated," addressing a critical 60-day deadline.
Journalist Paige McClanahan writes about how tourism shapes societies and individuals, and about the need to redefine the meaning of "tourist" in today's shrinking world.
James Holder, 54, was found guilty by a jury in Gloucester Crown Court of one count of rape for the May 2022 assault.
Gold House revealed its 2026 Gold100 list honoring Asian Pacific culture. Co-founder and CEO Bing Chen joins CBS News with more.
The bestselling author and editor of The Golfer's Journal teed up for a challenge – taking over operations of a failing nine-hole community golf course in New York's Catskill Mountains – and writes of the tribulations that were par for the course.
The pop star sat down with Gayle King for an exclusive interview airing Monday on "CBS Mornings."
Lizzo sits down with "CBS Mornings" co-host Gayle King to discuss what the public misunderstands about her.
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.
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
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.
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 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.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
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.
Keir Starmer said he would always defend the right to protest, but that there may be instances where some marches should be banned.
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
For more than 100 years, the White House Correspondents' Dinner has celebrated the First Amendment and freedom of the press. The annual event is also a fundraiser for journalism scholarships. This year, the White House Correspondents' Association awarded $156,000 in grants to 30 college students. Two recipients, Kaitlin Bender-Thomas and Madison Maynard, join "The Daily Report" to discuss the shooting.
Newly released video shows the White House Correspondents' Dinner shooting suspect and his movements ahead of the attack. Other video also shows a clearer image of the confrontation between law enforcement and the suspect. CBS News' Anna Schecter has more details.
A body found in Tampa Bay has been identified as the second missing student from the University of South Florida, according to the sheriff, who called their killings a "monstrous crime." Cristian Benavides reports.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
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.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
In 2012, Scott Pelley spoke with a retired Navy SEAL, and former member of SEAL Team 6, who recounted the May 2011 raid on Osama bin Laden's compound in Abbottabad, Pakistan.
Americans took to the streets on Friday for May Day, also referred to as International Workers' Day. The day commemorates the 1886 Haymarket Affair, when a Chicago protest for an eight-hour workday turned into a violent clash between demonstrators and police. Some cities saw "Workers Over Billionaires" rallies and marches this year.
Saturday marks the 152nd running of the Kentucky Derby at Churchill Downs. 20 horses are set to run for the roses in the first leg of the triple crown. Hannah Vanbiber, a senior editor at The Athletic, joins "The Daily Report" to preview what's dubbed the most exciting two minutes in sports.
Friday marked exactly three months since Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing. Briana Whitney, a breaking news reporter for the Crime Junkie podcast, joins "The Daily Report" with more.
Consumers are cutting back on goods with sharp price increases, according to the Bureau of Economic Analysis. From December to February, spending on clothing fell 7%, spending on furniture fell 5% and spending on sports equipment fell 6%. The Wall Street Journal economics reporter Rachel Wolfe writes in her recent piece that recent inflation is not driven by consumer demand, but by companies passing on increased costs to customers. She joins "The Daily Report" to discuss.