Robinhood raked in $110 million from "meme stock" rally
SEC Chair Gary Gensler says regulators will examine controversial fees key to the trading app's business.
GameStop
GameStop CEO exiting with $170M payout after "meme" stock mania
Video game retailer lost $700 million during George Sherman's time as CEO. Now he's departing with a mammoth payday.
GameStop CEO to exit as video game retailer pivots to digital
Chewy founder Ryan Cohen, a major investor in GameStop, is pushing the old-school game store to reinvent itself.
GameStop moves to cash in on stock surge by selling shares
Video game seller's shares are up nearly 900% this year even as the company continues to lose money.
Experts say the new bash bug could can compromise computers using Linux and Mac OS X operating systems
Experts say the new bash bug could can compromise computers using Linux and Mac OS X operating systems. Also, Game Stop is hiring about 25,000 seasonal employees for the holidays. Jill Wagner reports on the day's top MoneyWatch headlines.
Many Americans put stimulus money into stocks
Many Americans are planning to their new $1,400 stimulus checks in the stock market. Companies like Amazon, GameStop, and AMC Entertainment may start seeing a boost over the next few weeks, but some finance experts are concerned. CBS MoneyWatch senior reporter Stephen Gandel joins CBSN's Elaine Quijano to break it all down.
GameStop shares up 250% in two days. Here we go again?
The "meme stock" is surging again, reprising last month's dizzying rally in the videogame seller's shares.
Robinhood CEO defends trading app's role in GameStop frenzy
In sometimes pointed questioning, lawmakers pressed brokerage chief on whether his company puts its customers at risk.
Lawmakers set to grill Robinhood CEO over GameStop frenzy
Online brokerage executive is expected to face questioning about why he restricted trading in high-flying stocks.
GameStop shares dip below $50 as WallStreetBets frenzy fades
Video game seller has lost $32 billion in market value since Reddit group WallStreetBets sent its share into orbit.
GameStop value plunges as trading app limits stock
GameStop's wild ride on Wall Street hit a wall when popular app Robinhood and other online trading apps restricted trades on the stock.
Robinhood's loans to buy stock are 14 times more likely to default
Stock-trading app lets customers "buy on margin" to amp up potential returns. Some investors are paying the price.
GameStop shares plunge more than 40% as investors bail
Video game retailer has lost more than $30 billion in market value after a stock frenzy driven by Reddit board.
Redditors donate some GameStop earnings
Some Reddit users took advice from the "WallStreetBets" forum and made big money on GameStop stock. Now a 20-year-old college student who cashed in is using some of that newfound wealth for good, buying gifts for a children's hospital.
Reddit trader who led GameStop frenzy loses $13M in one day
Reddit personality and YouTuber is still up on his investment, but much less than a week ago when he shot to fame.
Robinhood investing app faces backlash
Investing app Robinhood recently found itself embroiled in controversy this past week when it moved to restrict trading of shares of several companies like GameStop and AMC. The move resulted in intense backlash from users. New York Times finance and technology reporter Nathaniel Popper joins CBSN's Elaine Quijano to discuss.
Reddit's WallStreetBets hit by bots
Moderators of Reddit's WallStreetBets forum say they're seeing a large amount of stock-recommendation content being posted by bots. MoneyWatch senior reporter Stephen Gandel joins CBSN AM to break down the latest information on the forum, which caused a stir as members bought Gamestop stock, driving the price up.
AMC, Nokia and other "meme stocks" targeted by WallStreetBets
GameStop isn't the only struggling company whose stock has surged after retail investors flooded in.
Stock market slips as GameStop shares soar on Wall Street
GameStop's stock price soared to $325 a share on Friday, capping off a tumultuous week on Wall Street. Despite the video game retailer's success, the overall market sank and ended the week in the red. CEO and founder of Tusk Ventures, Bradley Tusk, joined CBSN to discuss the impact the battle between amateur traders and hedge fund investors will have on the future of the stock market.
Robinhood faces customer backlash after clamping down on trades
Brokerage has angered investors who claim they were unfairly blocked from trading GameStop and other hot stocks.
Markets down as Game Stop keeps gaining
Stocks sank Friday as a result of the Game Stop frenzy. CBS News correspondent Vladimir Duthiers explains why, and Katie Stockton, founder and managing partner of Fairfield Strategies, joins CBSN to discuss.
GameStop stock rises as trading resumes
Gamestop's stocks are surging once again after the stock-trading app Robinhood reversed its decision and allowed limited trading to resume. It's the latest twist in the ongoing battle between small-scale amateur traders and hedge fund investors. Andrew Smith, chief investment strategist at Delos Capital Advisors, joins CBSN to discuss the impact.
Robinhood reverses decision barring GameStop
Popular trading app Robinhood is allowing limited trading Friday morning of GameStop stock. This comes one day after it banned the company's stock from its platform, citing extraordinary market conditions. Vladimir Duthiers reports.
Robinhood resumes limited trading of GameStop
Popular trading app Robinhood is now allowing retail investors to buy shares of GameStop stocks, but only in limited quantities. CBS MoneyWatch senior reporter Stephen Gandel joins CBSN to discuss the showdown between Wall Street and home traders.
Jon Stewart joins Twitter, speaks out on Reddit-GameStop frenzy
This week's GameStop frenzy on Wall Street drew Stewart to chime in on Twitter.
More severe weather in store for a soaked California, raising mudslide risk
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
DOJ says "over a million more documents" potentially related to Epstein found
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Single ticket wins Powerball's $1.817 billion Christmas Eve jackpot
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
We asked experts to rate the U.S. economy in 2025. Here's what they said.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
Pope Leo's first Christmas homily laments conditions in Gaza, war in Ukraine
In his first Christmas homily, Pope Leo lamented conditions for Palestinians in Gaza and urged Ukraine and Russia to engage in direct talks to end their wr.
Australia announces bravery award for heroes of Bondi Beach attack
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Zelenskyy says he had "very good conversation" with U.S. envoys on Christmas
Ukrainian President Volodymyr Zelenskyy said he discussed "substantive details" of a Ukraine-Russia peace deal with President Trump's envoys Steve Witkoff and Jared Kushner on Christmas.
U.S.
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More severe weather in store for a soaked California, raising mudslide risk
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Single ticket wins Powerball's $1.817 billion Christmas Eve jackpot
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
NHTSA investigating Tesla Model 3 emergency door handles
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
Hawaii cruise passengers face new climate change tax after court ruling
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
MoneyWatch
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Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
NHTSA investigating Tesla Model 3 emergency door handles
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
Hawaii cruise passengers face new climate change tax after court ruling
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
How to save money on your utility bill this winter as heating costs rise
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
We asked experts to rate the U.S. economy in 2025. Here's what they said.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Politics
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Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
Trump promises to guard against "bad Santa" in Christmas Eve calls with kids
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
Trump-backed candidate declared winner of Honduras' presidential vote
President Trump-backed candidate Nasry Asfura has won Honduras' presidential election, the country's electoral authorities said, ending a weeks-long count.
DOJ says "over a million more documents" potentially related to Epstein found
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
HealthWatch
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Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
Finding hope through cancer clinical trials
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
World
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Australia announces bravery award for heroes of Bondi Beach attack
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Zelenskyy says he had "very good conversation" with U.S. envoys on Christmas
Ukrainian President Volodymyr Zelenskyy said he discussed "substantive details" of a Ukraine-Russia peace deal with President Trump's envoys Steve Witkoff and Jared Kushner on Christmas.
Imprisoned Brazilian ex-president Bolsonaro undergoes surgery
Jair Bolsonaro, who has been hospitalized since Wednesday, has been serving a 27-year prison sentence since November for an attempted coup.
King Charles and royal family, minus Andrew, gather for Christmas
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Entertainment
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Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
King Charles and royal family, minus Andrew, gather for Christmas
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
NYT movie critic breaks down top 2025 movies
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
Small Oklahoma town pays homage to leg lamp
The leg lamp in "A Christmas Story" might be one of cinema's most iconic props, and one small town in Oklahoma has a special way to celebrate it. Omar Villafranca reports.
Technology
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Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Terry Rozier seeks to have charges thrown out in NBA gambling case
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
California farming magnate arrested in Arizona in wife's shooting death
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
D.C. National Guard shooting suspect facing 5 additional federal charges
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
Officials: Melodee Buzzard's body recovered
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
Delaware state trooper killed in DMV shooting
A Delaware state trooper was killed Tuesday during a shooting at a Wilmington DMV, the Delaware State Police said. The state's governor confirmed the shooter is also dead.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
More Latest CBS News Videos
Latest CBS News Videos
"The Polar Express" children's book turns 40
This year marks the 40th anniversary of Chris Van Allsburg's beloved children's book, "The Polar Express." He tells CBS News' Bradley Blackburn about how he came up with the classic Christmas tale at just 34 years old.
Winning Powerball ticket sold in Arkansas
The Christmas Eve Powerball jackpot worth $1.817 billion, the second-largest ever, was won by a single ticket sold in Arkansas.
Leo XIV celebrates first Christmas as pope
Pope Leo XIV celebrated his first Christmas since he became pontiff. At Midnight Mass on Christmas Eve, Leo urged people to care for the poor and for migrants.
Powerful storm slams California
A powerful storm brought heavy rain to parts of California on Wednesday, flooding roads and prompting evacuations in some areas. The deluge of rain is causing dangerous travel conditions on Christmas Day.
Why flamingos are returning to Florida
In late 19th-century Florida, hunters pushed flamingos into functional extinction. But something changed over the last 25 years when hurricanes in the Caribbean chased them into the Everglades. Mark Strassmann reports.