U.S. stocks tumble with election results still up in the air
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
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Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
A shift in the balance of congressional power could affect your finances. Here's what you should know.
The economy has been front and center in the minds of many voters and throughout the campaign season. CBS News national correspondent Errol Barnett looks at the issue of the economy by the numbers, with another dive into the "Pulse of the Nation."
CBS News correspondent Manuel Bojorquez takes us through a tight Senate race in Nevada.
A national poll by the institute of politics at Harvard Kennedy School found 24% of women cite abortion rights as a key issue driving them to the polls this election cycle. Chief executive officer at Ignite National, Sara Guillermo, joined Anne-Marie Green and Vladimir Duthiers with more.
Pew research says roughly 35 million Latinos are eligible to vote in the midterm elections. That's about 14% of the electorate, making up the second largest racial and ethnic group of eligible voters. The co-founder of the Dallas-based organization Hey Chica! joined CBS News with a look at the key issues this voting bloc is focusing on.
The economy and crime are two major issues voters are focusing on as they cast their ballots. Republican Strategist Leslie Sanchez and Democratic Strategist Antjuan Seawright join "CBS News Mornings" in a panel discussion about what is driving voters to the polls and how major issues are impacting their votes.
The Dow Jones rose more than 420 points on Monday ahead of Election Day. Kristin Myers, editor-in-chief of "The Balance," joins CBS News to discuss what she expects and the trends we've historically seen have following the midterms.
Coupon codes and cash-back offers can help take the sting out of soaring prices, expert says.
Even as cases rise, deaths are blamed on lockdowns and iPhone production takes a hit, China insists Xi Jinping's signature policy is "completely correct."
This week on "Face the Nation with Margaret Brennan," the midterm elections are just hours away, and candidates are spending the weekend barnstorming their states with some of the biggest names in politics. Democrats argue democracy is on the line, while Republicans say the party in power is wrecking the economy.
In his first presidential address to Congress, President Biden talked about the impact of the American Rescue Plan, the stimulus package Congress passed and he signed into law to help stimulate the economy and fight the coronavirus. The package provided more than 160 million checks providing direct financial relief to Americans. Watch his remarks and read more here.
The U.S. Department of Labor reported today U.S. employers added more than 260,000 jobs last month -- exceeding expectations. But, the unemployment rate also rose 3.7%. Daniel Zhao, a senior economist for Glassdoor, breaks own the latest jobs report.
The U.S. has a 25 day supply of diesel fuel, but refineries are continuing to add to that.
Although the country continues to move forward, one inflation-walloped voter asks: "What do I cancel next?"
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.
The Labor Department reported a drop in jobless claims for the week ending Oct. 29. This comes as the Federal Reserve hiked interest rates this week in an effort to tame rising inflation. Nick Bunker, economic research director for the Indeed Hiring Lab, joined CBS News to help bring clarity to the state of the economy and project what could be next.
Home sales across the country over the last eight months are down as the Federal Reserve raises interest rates. Rising mortgage rates are shrinking the number of people who can get a loan and buy a home. Lilia Luciano takes a look.
CBS News correspondent Kris Van Cleave reports on the close midterm races in Arizona and joins anchors Vladimir Duthiers and Anne-Marie Green to discuss the legal fights that could come after the vote in this key battleground state.
Higher fuel prices are expected to make this a tough winter for homeowners. But there are ways to help you save on your heating bills. Meg Oliver has more.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to provide an update on the housing market, as mortgage rates hit a 20-year high. She also checks in on the rental market and provides advice for homeowners staying in their homes.
Mortgage rates dipped for the first time in months as the Federal Reserve announced its latest interest rate hike. Javier David, managing editor of business and markets at Axios, joins "CBS News Mornings" with the latest.
Bank boss Andrew Bailey said there was a "tough road ahead," and if action isn't taken now, things "will be worse later on."
Inflation is fueling a big increase in home heating costs, but there are ways to help you save on your heating bills this winter. Meg Oliver has more.
The Federal Reserve raised its benchmark interest rate by three-quarters of a point as it seeks to ease inflation. Robert Costa reports on the impact it could have on the midterm elections.
Iran balks at Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
The gunman, who is also dead, shot 10 people in total, according to police. All eight who died were children from 3 to 11 years old, police said.
The wife of a 27-year Army sergeant was detained by ICE at an immigration appointment in Texas. He says he doesn't understand why, and "ICE is out of control right now."
The legal fight is the latest to land before the Supreme Court in recent years that involve religious entities' participation in state-funded programs.
An HC-130 Hercules airplane crew confirmed the identity of the vessel as the Mariana, a 145-foot U.S.-registered dry cargo vessel, officials said.
FBI Director Kash Patel filed a defamation lawsuit against The Atlantic, saying a recent story about his alleged frequent drinking and absences included "false and obviously fabricated" claims.
The subpoenas went out shortly after the Justice Department appointed conservative Trump ally Joe DiGenova to formally take over the criminal investigation into John Brennan.
Israeli Prime Minister Benjamin Netanyahu says a soldier seen in a photo hitting a statue of Jesus Christ with a sledgehammer will face "harsh disciplinary action."
A mother and her six children died when their Central Pennsylvania home exploded and caught on fire Sunday morning, state police said.
Neighbors who witnessed the deadly mass shooting of eight children in Shreveport, Louisiana, recalled what whey heard and saw as the massacre took place early Sunday.
FBI Director Kash Patel filed a defamation lawsuit against The Atlantic, saying a recent story about his alleged frequent drinking and absences included "false and obviously fabricated" claims.
After six synthetic drug labs were raided, the victims' vehicle skidded off the road and plunged into a ravine, officials said.
Airlines could hike ticket prices and fees if United and American were to join forces, lawmakers warn.
The Supreme Court turned away a legal battle testing whether a public school violates parents' rights when it encourages their child's social gender transition without their knowledge or consent.
Airlines could hike ticket prices and fees if United and American were to join forces, lawmakers warn.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
The subpoenas went out shortly after the Justice Department appointed conservative Trump ally Joe DiGenova to formally take over the criminal investigation into John Brennan.
FBI Director Kash Patel filed a defamation lawsuit against The Atlantic, saying a recent story about his alleged frequent drinking and absences included "false and obviously fabricated" claims.
Airlines could hike ticket prices and fees if United and American were to join forces, lawmakers warn.
The Supreme Court turned away a legal battle testing whether a public school violates parents' rights when it encourages their child's social gender transition without their knowledge or consent.
The legal fight is the latest to land before the Supreme Court in recent years that involve religious entities' participation in state-funded programs.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
After six synthetic drug labs were raided, the victims' vehicle skidded off the road and plunged into a ravine, officials said.
Israeli Prime Minister Benjamin Netanyahu says a soldier seen in a photo hitting a statue of Jesus Christ with a sledgehammer will face "harsh disciplinary action."
Iran balks at Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
Janos Balla, also known as Daniel Takacs, was taken into custody in the beach resort city of Cancun, officials said.
The Los Angeles County District Attorney's Office is expected on Monday to charge singer-songwriter d4vd with murder, seven months after 14-year-old Celeste Rivas' body was found in a car that he owned. The 21-year-old musician was arrested last week. Matt Gutman reports.
Hosted by Jane Pauley. Featured: The purge of immigration judges; seeking accountability in trucking accidents; Don Cheadle and Ayo Edebiri on Broadway; portraitist Michael Shane Neal; the legacy of woodworker George Nakashima; an operatic car salesman; and Earth Day stories of advances in sustainability.
Michael Shane Neal, perhaps America's greatest living portraitist, recently fulfilled a long-held ambition: to paint a living president. He talks with correspondent Martha Teichner about producing a portrait of former President Joe Biden. He also discusses "being in the zone" while painting a portrait; following in the footsteps of famed artists Everett Raymond Kinstler and John Singer Sargent; and becoming a TikTok fashion icon.
The celebrated actors are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own.
In this web exclusive, actors Ayo Edebiri ("The Bear") and Don Cheadle ("Hotel Rwanda") talk with Tracy Smith about making their Broadway debuts in the revival of "Proof." They also discuss their love of live theater, and the early roles that inspired their passion for acting.
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
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.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Neighbors who witnessed the deadly mass shooting of eight children in Shreveport, Louisiana, recalled what whey heard and saw as the massacre took place early Sunday.
Shamar Elkins, who served in the Louisiana Army National Guard from 2013 to 2020, killed 8 children in a mass shooting that began as a domestic dispute in Shreveport, Louisiana, on Sunday, officials say. CBS News' Jason Allen has more.
FBI Director Kash Patel is threatening legal action after an Atlantic report emerged that detailed his apparent excessive drinking and unexplained absences. CBS News' Katrina Kaufman reports.
A man killed eight children in Shreveport, Louisiana, on Sunday, officials said, in what police described as an "execution-style" shooting. Rodney Harrison, a CBS News law enforcement contributor and former Suffolk County police commissioner, joins CBS News with more.
Police in Shreveport, Louisiana, say Shamar Elkins killed eight children, seven of whom were his own kids, in a shooting early Sunday morning. The incident started as a domestic dispute and police say two women were also shot. Elkins was later killed in an exchange of gunfire with officers. Jason Allen reports.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
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.
The Los Angeles County District Attorney's Office is expected on Monday to charge singer-songwriter d4vd with murder, seven months after 14-year-old Celeste Rivas' body was found in a car that he owned. The 21-year-old musician was arrested last week. Matt Gutman reports.
At birth, Dylan Law survived 22 minutes without a heartbeat. Years later, he would earn the nickname "the comeback kid" as he persevered through multiple health challenges. David Begnaud reports.
Pope Leo says the speech he made where he said "the world is being ravaged by a handful of tyrants" was written before President Trump first lashed out. A week ago the American-born pontiff responded to posts from Mr. Trump head-on. Chris Livesay reports.
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
New data is emerging on fundraising efforts ahead of the 2026 midterm elections. Political strategists Chuck Rocha and Carrie Lukas join CBS News with more.