Stock market soars to record highs
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
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The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
More companies are dropping education requirements from job postings, but a new study shows you're still much better off in the job market with a college degree. Parisa Fatehi-Weeks, a senior director at Indeed, joins CBS News to explain the implications of these changes.
As planning begins for spring break and summer travel, some airlines are announcing route changes and special discounts. CBS News travel adviser Peter Greenberg joins with tips on how to spend less on airfare.
For many Americans, a college degree is seen as the key to professional success and economic mobility. However, a new study shows that promise does not hold for some graduates. Vanessa Fuhrmans, deputy chief for the Wall Street Journal's careers and workplace bureau, joins CBS News to discuss the high percentage of post-grad underemployment.
Wendy's is planning to roll out a "dynamic pricing" model for its menu in 2025, meaning prices will change throughout the day based on a few different factors. CBS News senior business and technology correspondent Jo Ling Kent explains.
CBS News business analyst Jill Schlesinger offers advice for couples striving for financial harmony. Discover the key conversations for alignment on money matters, the pros and cons of joint versus separate accounts, and how to turn those discussions into a solid financial plan.
Business sector productivity — the output per American worker — has grown more than 3% for three consecutive quarters, according to the U.S. Bureau of Labor Statistics. New York Times economics reporter Ben Casselman joins CBS News to discuss why productivity is rising and what it means for workers and consumers.
A potential merger between Capital One and Discover Financial Services is sparking antitrust concerns. The two firms are the fourth and sixth largest companies issuing credit cards to American consumers. Lucinda Shen, financial technology reporter for Axios, joins CBS News to discuss what the agreement could mean for consumers and the economy.
Capital One said it will buy Discover Financial Services for $35 billion, a deal that would bring two of the nation's biggest credit card companies together.
The New York Times reports several major investment firms are leaving a group founded to fight climate change. Aron Cramer, CEO of Business for Social Responsibility, joins CBS News to break down the controversy.
Former President Donald Trump has been ordered to pay more than $350 million in his New York civil fraud trial. His co-defendants are being ordered to pay another $10 million, and all have been restricted from conducting business in the state over the next several years. CBS News campaign reporter Olivia Rinaldi joins to break down the political implications of the ruling.
The largest judgment to date has been issued against Donald Trump. Judge Arthur Engoron has imposed a penalty of more than $350 million against Trump, his adult sons and his corporation in the civil fraud case brought by New York Attorney General Letitia James. CBS News legal analyst Rikki Klieman joins to examine the ruling.
A New York judge has barred Donald Trump Jr. and Eric Trump from serving as an officer or director of any New York corporation for two years. CBS News' Katrina Kaufman, Major Garrett and Scott MacFarlane have more.
Judge Arthur Engoron on Friday imposed a penalty of $354 million against former President Donald Trump, his adult sons and his corporation in the civil fraud case brought by New York Attorney General Letitia James. CBS News legal contributor Jessica Levinson and CBS News investigative reporter Graham Kates examine the ruling.
Former President Donald Trump and his company must pay $354 million in fines and is barred from doing business in New York for three years, a judge ruled Friday in the state's civil fraud case. CBS News national correspondent Jericka Duncan anchors a special report.
Although inflation is not declining as quickly as Americans hoped, that's not an entirely bad thing for people looking to grow their savings. Dan Geltrude, founder of the accounting firm Geltrude and Co., tells CBS News why it may be a good time to open a certificate of deposit.
Americans' views on the economy are improving, according to new CBS News polling. Anthony Salvanto, CBS News executive director of elections and surveys, joins "America Decides" to break down the findings.
Following new cost of living data revealing a slower-than-anticipated cooling in inflation and with the Consumer Price Index up 3.1% from the previous year, stocks faced significant losses. CBS News business analyst Jill Schlesinger talks about what’s driving these numbers.
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Boston Celtics forward Jayson Tatum's foundation has joined forces with SoFi in a groundbreaking partnership aimed at empowering children with financial literacy and assisting families in at-risk communities towards home ownership.
There is no better person to ask about the American economy than Federal Reserve Chairman Jerome Powell. This Sunday, 60 Minutes sits down with Powell to ask about the future of interest rates, whether prices will come down, and what the Fed might do next.
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
The Federal Reserve announced Wednesday it would leave interest rates unchanged. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to discuss what the central bank is looking for to start cutting interest rates.
While rents have been easing for the past few months nationwide, prices are still up significantly compared to before the pandemic, largely due to inflation. Providence, Rhode Island, saw one of the highest rent increases in the U.S. last year, and according to researchers, you need a salary of close to $83,000 to afford a two-bedroom apartment there. Nancy Chen reports.
The nation's unemployment rate is low, but some big companies are laying off workers and requiring people to return to the office. Guy Berger, director of economic research at the Burning Glass Institute, joins CBS News to assess the state of the labor market.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the vital waterway, Iran's state news agency says.
"They are picking up law-abiding citizens. They're destroying families, jobs," said a Texas man who regrets his vote for President Trump after his fiancée, an immigrant from Venezuela, was detained by ICE.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Government Accountability Office found that DOGE overestimated its savings, among other issues.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony last week.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
The Lindsay Clancy trial continued on Day 8 of testimony with a Massachusetts medical examiner taking the stand.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
Young Americans, tired of working for others and boosted by AI, are driving a surge in new businesses.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
A case against Minnesota Republican gubernatorial candidate Mike Lindell will continue after a judge decided Thursday there is probable cause to believe he violated campaign laws by giving away pillows promoting his candidacy at a July Fourth parade.
Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
Young Americans, tired of working for others and boosted by AI, are driving a surge in new businesses.
Some families could face an additional $2,200 in food costs this year if their kids lose access to free school meals, according to one estimate.
Layoffs have plunged this year. "Recently laid-off workers are finding jobs as fast as the economy is creating new ones," one economist said.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
A case against Minnesota Republican gubernatorial candidate Mike Lindell will continue after a judge decided Thursday there is probable cause to believe he violated campaign laws by giving away pillows promoting his candidacy at a July Fourth parade.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Senate is searching for a deal to speed up consideration of a number of priorities, including a measure to fund the government and Todd Blanche's confirmation as attorney general.
The Government Accountability Office found that DOGE overestimated its savings, among other issues.
A Minnesota woman says she fainted, spiked a 102-degree fever, and was hospitalized with sepsis three days after eating a chicken burrito bowl at a Chipotle in Roseville, and genetic testing connected her case to a multistate outbreak, according to a lawsuit filed Tuesday.
Thursday's vote to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
A video showing 3-year-old twins Millie and Maverick reuniting after one of them had to undergo cancer treatment hours away from their home has gone viral. Matt Gutman reports.
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Jason Arday, who joined Cambridge in 2023 at the age of 37, became one of Britain's most high-profile academics after sharing an extraordinary life story.
The heat has set a national temperature record in Austria, fueled wildfires in France and disrupted energy and transportation systems across the continent.
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Diarra Kilpatrick, who stars in "Diarra from Detroit," joins "CBS Mornings" to discuss the show's new season, which premiered on Paramount+ last week.
Amanda Kloots, a Broadway dancer, podcast host and best friend to reality star Harry Jowsey, joins "CBS Mornings" to discuss their new Netflix series "Let's Marry Harry."
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
U.S. officials suspect Iran-backed hackers may be behind cyberattacks that have been reported in at least 12 states. CBS News homeland security correspondent Nicole Sganga has more details.
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
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.
AI models are engaging in unauthorized actions — in the most recent case, creating fake identities and attempting to persuade real people to approve malicious code.
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Lindsay Clancy's former father-in-law testified in her murder trial Thursday. Clancy has admitted to killing her three children, but she's pleaded not guilty to first-degree murder charges, with her attorney arguing she was experiencing extreme postpartum psychosis. CBS News' Shanelle Kaul reports.
Matt Gutman investigates Lineage Logistics, the company involved in the Los Angeles warehouse fire that left tens of millions of pounds of meat to rot, forcing a whole community to face foul odors and other health hazards.
A man arrested outside President Trump's golf club in Rancho Palos Verdes, California, was already under investigation for robbery. Nikole Killion has the details.
New Mexico is suing the Trump administration for access to files related to Jeffrey Epstein as it investigates the convicted sex offender's Zorro Ranch property. New Mexico Attorney General Raúl Torrez joins "The Takeout" to discuss.
Several states are experiencing cyberattacks on their water systems after Minnesota reported at attack last week. CBS News homeland security correspondent Nicole Sganga has the latest.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
President Trump on Thursday signed two executive orders aimed at denying birthright citizenship to some children born in the U.S. He took questions from reporters after the signing.
Lindsay Clancy's former father-in-law testified in her murder trial Thursday. Clancy has admitted to killing her three children, but she's pleaded not guilty to first-degree murder charges, with her attorney arguing she was experiencing extreme postpartum psychosis. CBS News' Shanelle Kaul reports.
Iran and Oman are close to agreeing on new arrangements for the Strait of Hormuz, but not for a full reopening of the waterway, Iran's state news agency reported Thursday. Meanwhile, President Trump is denying reports of significant U.S. munitions shortages due to the war. CBS News' Weijia Jiang reports.
A Senate committee on Thursday voted to hold Dr. Anthony Fauci in contempt of Congress for invoking the Fifth Amendment at a hearing last week. CBS News' Taurean Small reports.
Sen. Mitch McConnell says he's been discharged from a rehab center after he was hospitalized nearly two months ago. CBS News' Taurean Small reports.