Tech stocks tumble over AI cost concerns
A massive tech stock sell-off dragged down the S&P 500 and Nasdaq on Tuesday. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Dow Jones
Stocks soar on news of U.S., Iran peace deal
The Dow rose on Tuesday, building on Monday's news that the U.S. and Iran reached a deal to end the war. Senior Barron's writer Laura Sanicola joins CBS News to discuss.
Stocks stay strong despite Iran war uncertainty
Despite the ongoing war in Iran and high gas prices, stocks started trading higher on Monday. The S&P 500 and Nasdaq both hit record highs, bolstered by the tech sector. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
Dow surges more than 1,300 points as investors embrace Iran ceasefire
Investors cheered the announcement of a two-week ceasefire, which President Trump said is contingent on the reopening of the Strait of Hormuz.
Dow plunges following Trump Iran remarks
Markets reacted negatively to President Trump's address to the nation on the Iran war. CBS News' Jill Schlesinger breaks down the economic impact of the ongoing conflict.
Dow drops over 700 points amid war uncertainty
The Dow Jones dropped more than 700 points on Friday, while the S&P 500 posted its fifth straight weekly drop. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
Dow jumps after Trump delays Iran ultimatum
The stock market is responding favorably after President Trump said Monday morning that he would postpone his ultimatum for Iran to reopen the Strait of Hormuz. Mr. Trump had previously threatened to "obliterate" Iran's power plants if the strait wasn't reopened by Monday evening. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss the markets.
Dow closes down after Fed holds rates steady
The stock market responded negatively on Wednesday after the Federal Reserve left its benchmark interest rate unchanged for a second straight policy meeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stocks regain ground after early losses as oil prices cool
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Stocks sink as oil prices sizzle and U.S. hiring fizzles
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Stocks pare losses as Trump says U.S. will insure ships in the Persian Gulf
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Dow closes 400 points down amid Iran war outbreak
Oil prices continue to climb and U.S. stock markets remain uneasy amid the war with Iran. CBS News' Kelly O'Grady has the details.
Dow dips amid new Trump tariff plan
The Dow Jones has spent Monday in the red after President Trump on Saturday said he would raise his global tariff to 15%. Last week, the Supreme Court struck down a set of sweeping global tariffs, a decision Mr. Trump lashed out at. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss.
Stocks jump after Trump calls off Europe tariffs
Stocks jumped on Wednesday after President Trump said he reached a framework for a deal on Greenland and backed off his tariff threat against European allies. CBS News senior business and technology correspondent Jo Ling Kent reports.
Stocks slide after Trump threatens European allies with tariffs
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
Dow closes 870 points down amid tariff threats
Markets closed in the red on Tuesday amid President Trump's tariff threats against European countries for opposing his aim to acquire Greenland. Dr. Sumantra Maitra, fellow at the Royal Historical Society, joins with analysis.
Dow climbs amid Trump oil push in Venezuela
As President Trump presses U.S. oil companies to reenter Venezuela, investors weigh what it could mean for the global economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
How will the stock market perform in 2026? Wall Street pros weigh in.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
S&P 500 closes near record high on Friday
The S&P 500 closed near its Oct. 28 record, buoyed by optimism that the Federal Reserve could cut interest rates next month.
Consumer confidence falls in November: Report
A new report shows consumer confidence has hit its lowest point since April. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Impact of dip in the stock market
The Dow, S&P 500 and Nasdaq all dropped around 1% at Monday's close. It comes as tech giants and retailers are set to release earnings reports. CBS News business analyst Jill Schlesinger explains what it means for your wallet.
Stocks close mixed as investors assess strength of AI rally
Stocks claw back earlier losses, propelled by Nvidia gains. "There's a lot of emotion involved with AI," one analyst said.
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.
Stocks jump as the Senate takes steps to end the government shutdown
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
Supreme Court expands presidential firing power, overturning 90-year-old ruling
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.
Live
Iran calls Strait of Hormuz situation "sensitive and complex" amid shaky ceasefire
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.
Some Russian soldiers last just minutes on front lines, military bloggers say
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.
Trump nominates Keith Sonderling as labor secretary
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
Heat dome to scorch major U.S. cities this week, forecasters warn
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.
CBS Chicago reporter, photographer attacked by 2 men
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
Woman killed, 2 injured in series of Florida alligator attacks
Officials say people and pets should keep a safe distance away from the water to limit the chances of an alligator encounter.
Iran war has cost Americans $1,000 per household, economist estimates
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.
Aide who planned JFK Jr.'s secret wedding weighs in on Swift-Kelce rumors
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.
U.S.
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CBS Chicago reporter, photographer attacked by 2 men near Adler Planetarium
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
CBS News poll on America at 250 — its successes and its challenges
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.
Carl Rinsch sentenced to 2.5 years in prison for defrauding Netflix
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.
Here's what to know about Medicare's new GLP-1 weight-loss drug program
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Iran war has cost Americans $1,000 per household, economist estimates
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.
MoneyWatch
More MoneyWatch
Here's what to know about Medicare's new GLP-1 weight-loss drug program
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Iran war has cost Americans $1,000 per household, economist estimates
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 Trump administration says SNAP is rife with fraud and waste. Is it?
The USDA says almost 11% of SNAP payments contain errors, almost double the threshold set by Congress. Here's what is going on.
Supreme Court expands presidential firing power, overturning 90-year-old ruling
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.
Supreme Court rejects Trump bid to fire Fed's Lisa Cook as legal case continues
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.
Politics
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Trump nominates Keith Sonderling as labor secretary
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
CBS News poll on America at 250 — its successes and its challenges
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.
Senate Ethics Committee dismisses misconduct complaint against Gallego
The bipartisan committee said it "did not find evidence that your actions violated federal law, Senate rules or related standards of conduct."
Supreme Court expands presidential firing power, overturning 90-year-old ruling
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.
Supreme Court rejects Trump bid to fire Fed's Lisa Cook as legal case continues
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.
HealthWatch
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Here's what to know about Medicare's new GLP-1 weight-loss drug program
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 star Chris Johnson says he's been diagnosed with ALS
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.
Mom gets answers after fighting for diagnosis: "Something's wrong"
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
Internal emails show how RFK Jr.'s team sought to sway the CDC
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.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
World
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Some Russian soldiers last just minutes on front lines, military bloggers say
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.
Putin says Ukrainian strikes on infrastructure causing "problems" for Russia
Ukraine has intensified strikes on Russia recently, targeting energy and logistics infrastructure.
Rescue teams continue to find survivors of Venezuela earthquakes
Tens of thousands of people are still presumed to be missing after two powerful earthquakes struck Venezuela last week.
6 killed, suspect arrested in shooting at German youth center, police say
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.
Soccer star's wife and 2 children killed in Venezuela earthquakes, team says
The wife and two children of Argentine soccer star Lucas Trejo died after powerful earthquakes struck Venezuela, his team said.
Entertainment
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Entertainment
Taylor Swift wedding mystery deepens
Will Taylor Swift be marrying Travis Kelce this week at Madison Square Garden? Jericka Duncan reports.
Carl Rinsch sentenced to 2.5 years in prison for defrauding Netflix
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.
Aide who planned JFK Jr.'s secret wedding weighs in on Swift-Kelce rumors
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, Edward Norton on "The Invite"
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.
Preview of "The Angry Birds Movie 3"
"CBS Mornings" exclusively reveals the trailer for "The Angry Birds Movie 3." The film stars Jason Sudeikis and debuts in theaters on Dec. 23.
Technology
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Technology
U.S. eases restrictions on Mythos AI model
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.
How trains drove American history
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.
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.
California creates AI job trend tracker
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.
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Science
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Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
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.
Telescope snaps most detailed photo yet of Milky Way's heart
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.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Crime
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Carl Rinsch sentenced to 2.5 years in prison for defrauding Netflix
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.
6 killed, suspect arrested in shooting at German youth center, police say
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 to return to court
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.
Detective believes 6-year-old's mother was killed in next room while he slept
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.
Michigan parents charged with murder after boy found to be 250+ pounds
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.
Space
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NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
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.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Summer music highlights of 2026
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.
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
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
More mixed messages on U.S.-Iran peace talks
President Trump says the U.S. and Iran will resume talks in Doha on Tuesday, but Iran's senior negotiator denies a meeting is scheduled. CBS News' Weijia Jiang reports.
Inside the SCOTUS rulings on firings, ballots
The Supreme Court on Monday handed down decisions in cases that dealt with presidential firings and mail-in ballots. CBS News' Jessica Levinson has more.
Major wildfire continues in Utah
Wildfires in the American West turned deadly over the weekend, killing three elite federal firefighters. Thousands of others are deploying in response to nearly 100 fires, the largest one in Utah, where the governor says the Cottonwood Fire could be the most destructive in that state's history. Jonah Kaplan reports and Rob Marciano has a look at the forecast.
Group running American flag from coast to coast
A group called "Relay for America" is running with a single American flag from one end of the United States to the other in celebration of the country's 250th birthday. Tony Dokoupil has more.