The Shanghai Index fell 8.5 percent, and Japan's Nikkei lost more than 4 percent

Stock markets around the world are tumbling because of bad news from China. The Shanghai Index fell 8.5 percent, and Japan's Nikkei lost more than 4 percent. Top European markets opened lower as well. The Dow Jones Industrials are already coming off their worst week in four years, losing more than 1,000 points. CBS News financial contributor Mellody Hobson joins “CBS This Morning” from Chicago to discuss the market fallout.

• Aug 24, 2015
• 2:13

California plans its reopening

California Governor Gavin Newsom is outlining plans to reopen his state's economy on June 15. Carter Evans speaks with him about why that's now possible, and what could stand in the way.

• Apr 7, 2021
• 3:36

The Commerce Department reported last week that the economy is growing at an annual rate of just 2.3 percent

The Commerce Department reported last week that the economy is growing at an annual rate of just 2.3 percent. Contributor Ben Stein thinks he knows one reason why worker productivity is stalling, and it's in your pocket.

• Aug 2, 2015
• 1:54

What the IRS tax deadline extension means for you

CBSN takes a look at the pros and cons of waiting to file now that the government has moved the deadline until May 17th. We'll also look ahead to what taxpayers should be doing in 2021 to help offset their tax burden as the economy makes an expected recovery.

• Apr 6, 2021
• 4:49

the plunge is a domestic issue, not linked to the Greek debt crisis, but it has the potential to destabilize the world's second-largest economy

Turmoil in Chinese stock markets is causing pain for investors in the U.S. The plunge is a domestic issue, not linked to the Greek debt crisis, but it has the potential to destabilize the world's second-largest economy. Seth Doane reports from Beijing.

• Jul 8, 2015
• 1:51

Greece is days away from running out of money, and the country's finance minister resigned Monday

Greek voters rejected the terms of a bailout in a national referendum Sunday, with the margin of victory being much larger than expected. Greece is days away from running out of money, and the country's finance minister resigned Monday. Holly Williams reports from Athens.

• Jul 6, 2015
• 2:31

Democratic presidential candidate Bernie Sanders discusses why he’s opposed to trade bills

Democratic presidential candidate Bernie Sanders discusses why he’s opposed to trade bills

• Jun 14, 2015
• 2:01

The July cover story in Consumer Reports takes an in-depth look at the truth about product labels that say “Made in America”

The July cover story in Consumer Reports takes an in-depth look at the truth about product labels that say “Made in America,” and the buying power it creates. Consumer Reports senior projects editor Tod Marks joins “CBS This Morning” to discuss what the U.S.A. guarantee really means.

• Jun 11, 2015
• 3:35

Top Biden economic adviser defends jobs plan

Cecilia Rouse, the chair of the Council of Economic Advisers, says the American Jobs Plan "meets the needs of a 21st century economy."

• Apr 4, 2021
• 7:31

Top Biden aide says jobs plan "meets the needs of a 21st century economy"

President Biden unveiled his $2 trillion infrastructure plan last week, which he said could create 19 million jobs.

• Apr 4, 2021

Transcript: Cecilia Rouse on "Face the Nation"

The following is a transcript of an interview with Cecilia Rouse, chair of the Council of Economic Advisers, that aired Sunday, April 4, 2021, on "Face the Nation."

• Apr 4, 2021

CBS News business analyst Jill Schlesinger joins Jeff Glor to discuss what it means for the economy

Behind the slump in consumer spending Financial markets are at or near record highs, but consumer spending in April was flat. At the same time, Americans are saving money and paying down their credit card debt. CBS News business analyst Jill Schlesinger joins Jeff Glor to discuss what it means for the economy.

• May 17, 2015
• 1:19

Arizona Sen. John McCain calls it "crazy" for Senate Democrats to squander a free trade opportunity with their opposition to the "fast-track" trade legislation coming up for a vote in the upper chamber

Arizona Sen. John McCain calls it "crazy" for Senate Democrats to squander a free trade opportunity with their opposition to the "fast-track" trade legislation coming up for a vote in the upper chamber.

• May 16, 2015
• 5:34

Biden touts March jobs report 

President Biden shared an optimistic message for Americans hit hard by the pandemic while discussing the March jobs report Friday. CBS News Chief White House Correspondent Nancy Cordes joins CBSN's Lana Zak to discuss. 

• Apr 2, 2021
• 6:29

President Obama says the proposed Trans-Pacific Partnership would boost the U.S. economy, not undermine it

President Obama says the proposed Trans-Pacific Partnership would boost the U.S. economy, not undermine it.

• May 8, 2015
• 4:02

Reports show the economy is slowing and consumer sentiment is slipping

Reports show the economy is slowing and consumer sentiment is slipping. Also, experts say the country's Internet infrastructure is extremely vulnerable. Wendy Gillette reports on the day's top MoneyWatch headlines.

• Mar 28, 2015
• 1:29

The Republican party is proposing a balanced budget that drastically cuts certain benefits programs

The Republican party is proposing a balanced budget that drastically cuts certain benefits programs.

• Mar 21, 2015
• 4:21

It's now technically Spring. But it doesn't feel like it in the Northeast

It's now technically Spring. But it doesn't feel like it in the Northeast. A snowstorm hit the area Friday with accumulations ranging from one to five inches. As Jericka Duncan reports, businesses who lost money during the tough winter are hoping to make up their down sales.

• Mar 20, 2015
• 2:20

What a corporate tax hike could mean for Americans

Biden is pitching increasing the corporate rate to 28% to help pay for his infrastructure plan.

• Apr 1, 2021

Biden unveils $2 trillion infrastructure plan

President Biden unveiled an ambitious $2 trillion infrastructure plan. Part of the legislation is aimed at fixing the nation's roads and bridges and creating more affordable housing. The White House says the plan would create millions of jobs, but lawmakers are clashing over how to pay for the proposal. The Biden administration wants to pay for it through an increase in the corporate tax rate, which has already led to opposition from some Republicans. CBS News chief White House reporter Nancy Cordes reports from Pittsburgh, then joins CBSN's Lana Zak with more.

• Mar 31, 2021
• 9:58

Florida Sen. Marco Rubio rolls out proposed reforms to individual and corporate tax codes, guaranteeing "rapid and dynamic economic growth"

Florida Sen. Marco Rubio rolls out proposed reforms to individual and corporate tax codes, guaranteeing "rapid and dynamic economic growth".

• Mar 4, 2015
• 1:24

It's been a tale of two coasts, with different types of extreme weather conditions hitting different spots of the country, impacting the economy in some places

It's been a tale of two coasts, with different types of extreme weather conditions hitting different spots of the country, impacting the economy in some places. Jericka Duncan reports from New York.

• Mar 1, 2015
• 2:17

The president urges Congress to pass trade promotion authority legislation for the sake of America's businesses

The president urges Congress to pass trade promotion authority legislation for the sake of America's businesses.

• Feb 21, 2015
• 2:29

The president knocked the GOP rebranding as the "party of the middle class" at the Democratic National Committee's winter meeting

The president knocked the GOP rebranding as the "party of the middle class" at the Democratic National Committee's winter meeting.

• Feb 20, 2015
• 1:52

Is Brazil the world's next economic superpower?

Is Brazil the world's next economic superpower? Steve Kroft reports on the South American country poised to become the fifth-largest economy in the world. (Original air date: Dec. 12 2010)

• Feb 9, 2015
• 13:33

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