World stocks slip on Fed rate hike prospects, China
Futures pointed to a weak open on Wall Street: Dow futures were down 0.3 percent and S&P 500 futures were flat
Federal Reserve
Anxieties rise as rate hikes approach
Job gains and wage inflation set up a December rate liftoff, and that's likely to give bulls second thoughts
Stocks end mixed as market factors Fed rate hike
Strong October jobs report could lead the Federal Reserve to raise interest rates in December
Hiring surges: Economy added 271K jobs in October
Unemployment rate falls to 5 percent, and wages post the largest monthly gain in more than six years
China stocks jump, Fed jitters weigh on global markets
Futures indicated that stocks on Wall Street would be stable: Both Dow and S&P 500 futures were up 0.4 percent
Will stocks carry October's surge into November?
This month's surprise had several catalysts, but next Friday's payroll report could set the tone for the coming month
Global stocks muted after a month of strong gains
U.S. shares were set to rise: Both S&P 500 and Dow futures were up 0.1 percent; the S&P 500 has gained 10.9 percent in October so far
Global markets slip after Fed rate hike hint
Wall Street looked set for a weak start: Dow and S&P 500 futures were down 0.4 percent
Maybe Wall Street can handle a Fed rate hike
Despite rising odds of a December liftoff, investors reacted by pushing stocks higher in a sign of shifting psychology
Fed keeps rates unchanged, cites softer job growth
With the U.S. economy decelerating, the central bank is leaving rates at a record low
Nikkei gains on stimulus hope, Fed weighs on other markets
U.S. stocks were poised for a slightly higher open, with Dow futures up 0.1 percent, and broader S&P 500 futures up 0.2 percent
Global stocks down as China leaders meet
Futures showed that Wall Street was set for a sluggish start, with both Dow futures and S&P 500 futures essentially flat
Why a Fed rate hike now would help more than hurt
The problems often associated with rising interest rates are more typically the result of hikes when rates are already high
As economy strengthens, what will happen to interest rates?
Federal Reserve Chairman Ben Bernanke explained that the nation's economic recovery is still fragile
Lawrence Summers pulls name from Fed chairman consideration
Former Treasury Secretary Summers was considered the frontrunner to replace Ben Bernanke at the Fed
Grand Theft Auto 5 sales soar
Grand Theft Auto 5 sales soar and more of the latest MoneyWatch headlines
BMW recalls 5-Series cars
BMW recalls 5-Series cars and more of the latest Moneywatch headlines
Jack Bogle: Greatly diminished stock returns ahead
Over the next decade, Wall Street likely to disappoint, the Vanguard founder says
Would you buy a curved TV?
Wendy Gillette reports on the top business and financial headlines
Profits jump at major companies
Delta, Halliburton and Johnson & Johnson all reported strong earnings growth Tuesday, plus more news from Moneywatch
Farm bill deal would cut food stamps by 1 percent
A bipartisan agreement on a farm bill could preserve food stamp benefits for most Americans who get them., plus more of the latest MoneyWatch headlines.
It's October, no wonder stocks are making a big move
Despite its spooky reputation on Wall Street, October has also posted historic high returns -- could this one also do that?
Ben Bernanke talks about big banks and baseball
The former Federal Reserve chief quips he would "absolutely" accept job of Major League Baseball commissioner if asked
Industrial production dips 0.2 percent in September
Drop follows fall in August as strong dollar continues to eat into U.S. exports
Global markets keep this week's rally going
The primary fuel for rising stocks abroad is the growing belief the U.S. Fed won't hike rates in 2015
Exclusive
U.S. military lays groundwork for potential action around Cuba
Some units would "possibly [be] needed in 90-120 days," according to an internal Army message reviewed by CBS News.
Supreme Court again blocks Missouri's new House map that favored GOP
The Supreme Court said in an unsigned decision that ordering Missouri to restore its 2025 map "would usher in electoral chaos."
Live
Iran proposes a 7-day plan to reopen the Strait of Hormuz
Iran's president says Tehran wants a deal with the U.S. before November's midterm elections, as the regime puts an offer on the table.
Supreme Court lets Trump administration use SAVE database for now
In a 6-3 decision, the Supreme Court sided with the Trump administration in its push to use a controversial database to review state voter rolls for potential noncitizens.
Facebook found liable for deceiving users in Cambridge Analytica case
The two-week trial in New Mexico centered on accusations Facebook deceived users about a data breach.
Hurricane Nolo could cause "catastrophic" flooding in Hawaii, forecasters warn
A hurricane watch is in effect for Hawaii County due to the storm, which could dump up to 3 feet of rain on Hawaii's Big Island.
Trump-Xi visit wraps up with few achievements announced
President Trump described Chinese President Xi Jinping's visit this week as "very productive," though the White House has said little about what was achieved during the summit.
30 partially clothed men found in frat basement in alleged hazing incident
Two 20-year-olds have been arrested and charged with hazing and disorderly conduct in relation to the incident.
Jane Doe who accused Jay-Z of sexual assault formally recants her claims
The anonymous woman who accused Jay-Z of sexually assaulting her said in a new court filing that she never met the rap mogul.
U.S.
More U.S.
Supreme Court again blocks Missouri's new House map that favored GOP
The Supreme Court said in an unsigned decision that ordering Missouri to restore its 2025 map "would usher in electoral chaos."
Broadview 6 prosecutor retires under protest, blames U.S. attorney
Sheri Mecklenburg resigned from the Department of Justice this week, penning a scathing letter in which she said U.S. Attorney Andrew Boutros "personally directed" the Broadview 6 prosecution that she says ended her career.
How GLP-1 weight-loss drugs are changing fast-food menus
Chipotle, McDonald's and Shake Shack are among the restaurant chains revamping their menus as more consumers go on weight-loss drugs.
Ready or not, here come the AI gadgets, from "charms" to smart speakers
Meta, Microsoft and other major tech companies are developing a range of AI products for consumers, from wearables to speakers.
A U.S. doctor survived a deadly strike in Gaza. Why he plans to go back.
Dr. Feroze Sidhwa was working at Nasser Hospital in Khan Younis when an Israeli strike hit the surgical unit he was in.
MoneyWatch
More MoneyWatch
How GLP-1 weight-loss drugs are changing fast-food menus
Chipotle, McDonald's and Shake Shack are among the restaurant chains revamping their menus as more consumers go on weight-loss drugs.
Ready or not, here come the AI gadgets, from "charms" to smart speakers
Meta, Microsoft and other major tech companies are developing a range of AI products for consumers, from wearables to speakers.
Facebook found liable for deceiving users in Cambridge Analytica case
The two-week trial in New Mexico centered on accusations Facebook deceived users about a data breach.
Soaring U.S. diesel prices slam local communities as fuel costs surge
The surge in diesel prices this year is putting a financial squeeze on schools, farms and small businesses around the U.S.
New bill would lower Social Security retirement age for some workers
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
Politics
More Politics
Supreme Court again blocks Missouri's new House map that favored GOP
The Supreme Court said in an unsigned decision that ordering Missouri to restore its 2025 map "would usher in electoral chaos."
Broadview 6 prosecutor retires under protest, blames U.S. attorney
Sheri Mecklenburg resigned from the Department of Justice this week, penning a scathing letter in which she said U.S. Attorney Andrew Boutros "personally directed" the Broadview 6 prosecution that she says ended her career.
Supreme Court lets Trump administration use SAVE database for now
In a 6-3 decision, the Supreme Court sided with the Trump administration in its push to use a controversial database to review state voter rolls for potential noncitizens.
Live
Iran proposes a 7-day plan to reopen the Strait of Hormuz
Iran's president says Tehran wants a deal with the U.S. before November's midterm elections, as the regime puts an offer on the table.
Duckworth slams Trump's "foolhardy plan" to make triumphal arch a military complex
Democratic Sen. Tammy Duckworth of Illinois is demanding the Pentagon and Federal Aviation Administration reject President Trump's call to convert plans for a massive triumphal arch into a "top grade Military Complex."
HealthWatch
More HealthWatch
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
Even the smallest joys can help prevent suicide, researchers say
New research highlights common themes shared by people who found reasons to keep living through dark times.
First on CBS
JB Pritzker reveals GLP-1 use, pressed on possible presidential run
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
Her son was dying, but his rare cancer made it difficult to get the right drug
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
World
More World
A U.S. doctor survived a deadly strike in Gaza. Why he plans to go back.
Dr. Feroze Sidhwa was working at Nasser Hospital in Khan Younis when an Israeli strike hit the surgical unit he was in.
Ukrainian kids learn to fly drones for a future shaped by Russia's invasion
A Ukrainian nonprofit group is teaching kids to make, service and fly simple drones, to help them be "useful in the future in their country."
Cheetah cubs survive powerful storms, mother's illness at zoo
It might take a year before it's clear the cubs will survive the crucial period after their birth, the zoo's curator said.
Was Netanyahu's fiery U.N. speech aimed at his own political survival?
Israel's embattled leader lashed out at New York's mayor in a heated U.N. address, but a veteran analyst says his real targets were Israeli voters and President Trump.
Live
Iran proposes a 7-day plan to reopen the Strait of Hormuz
Iran's president says Tehran wants a deal with the U.S. before November's midterm elections, as the regime puts an offer on the table.
Entertainment
More Entertainment
The New York Film Festival returns with obsessions, deceptions and monsters
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
Book excerpt: "The Steps" by Sylvester Stallone
In his memoir, the actor writes of his early struggles, leading to writing his screenplay for the Oscar-winning hit "Rocky."
Ziggy Marley on dad Bob Marley's legacy
Jamaican musician Ziggy Marley shares memories of his father, Bob Marley, and discusses his new children's book, "True to Myself."
Jane Doe who accused Jay-Z of sexual assault formally recants her claims
The anonymous woman who accused Jay-Z of sexually assaulting her said in a new court filing that she never met the rap mogul.
Sylvester Stallone on writing "Rocky"
Sylvester Stallone reflected on writing his 1976 film "Rocky" in three and a half days. He told CBS Sunday Morning's Tracy Smith he had "to give credence to some sort of divine guidance" for his creative breakthrough.
Technology
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Technology
Takeaways as Xi wraps state visit with Trump
Chinese President Xi Jinping's state visit to the U.S. wrapped up on Friday, with no deal announced on artificial intelligence, though he is set to meet with President Trump twice more before the end of the year. Weijia Jiang has more.
Software developer on the AI alignment problem
News broke this week that a rogue artificial intelligence agent hacked Australia's health care database, and no notice was given for months. Matt Calkins, CEO and co-founder of Appian, which develops software to maximize AI integration, joins to unpack the week's AI headlines.
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.
FAA debuts AI tool for air traffic controllers
Washington, D.C., airports are debuting a new artificial intelligence tool designed to help air traffic controllers and airlines with future scheduling and weather issues. Air Space Intelligence CEO Phillip Buckendorf, whose company developed the system, joins "The Takeout" to explain how it works.
Ready or not, here come the AI gadgets, from "charms" to smart speakers
Meta, Microsoft and other major tech companies are developing a range of AI products for consumers, from wearables to speakers.
Science
More Science
Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
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Tasia Fortune's hanging was "staged" after her death, police say
Authorities haven't disclosed the exact cause of Fortune's death, but they did rule it a homicide and have arrested two men.
Latest in trial of "American Idol" contestant
Former "American Idol" contestant and music pastor Caleb Flynn stands accused of murdering his wife. His former mistress, Alleigha Botner, testified in the trial. CBS News' Ian Lee has more details.
Minnesota sailor returns from USS Lincoln duty to find apartment ransacked
A Minnesota native who had been serving aboard the USS Abraham Lincoln for nearly 10 months came home to an upsetting surprise.
Pittsburgh doctor killed while he slept remembered as "a true angel on Earth"
Dr. Idris Evans, the Pittsburgh doctor killed in a violent home invasion, is being remembered for his kindness and compassion.
"American Idol" alum's ex-mistress testifies
Former "American Idol" contestant Caleb Flynn is on trial for allegedly killing his wife and staging an elaborate crime scene. Flynn's former mistress testified at the trial. Ian Lee has the latest details.
Space
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NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
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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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
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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.
Photos show 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.
Latest CBS News Videos
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Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
Inaugural Dolly Parton Day celebrated
On Sept. 25, fans of the late Dolly Parton celebrated the first "9-2-5" day in her honor, a reference to her hit country single "9 to 5," which was written for the hit movie of the same name. Mark Strassman reports from a children's hospital in Knoxville bearing her name.
Twin doctors lead ER in Virginia
Twin doctors Travan and Travis Jasper co-lead the emergency department at Chippenham Hospital in Richmond, Virginia. Steve Hartman shares their story.
U.S. lays groundwork for potential Cuba action
The U.S. Army Reserve is examining whether it can provide the military's Southern Command with police forces, medical personnel and other support units within the next four months, according to an internal Army message reviewed by CBS News. CBS News' Charlie D'Agata reports.
Takeaways as Xi wraps state visit with Trump
Chinese President Xi Jinping's state visit to the U.S. wrapped up on Friday, with no deal announced on artificial intelligence, though he is set to meet with President Trump twice more before the end of the year. Weijia Jiang has more.