Stocks sink after weak profit report from Walmart
Weak profit reports from some of the biggest names in corporate America are souring the mood of investors.
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Weak profit reports from some of the biggest names in corporate America are souring the mood of investors.
Preliminary lab results show President Biden was infected with the B.A 5 COVID subvariant, which is the most dominant in the United States. CBS News Radio correspondent Steven Portnoy joined Jericka Duncan and Vladimir Duthiers to discuss the president's diagnosis and its potential impact on the upcoming midterm elections.
The Department of Labor's weekly unemployment report shows there were 251,000 first time applications filed in the week ending July 16. Senior economic analyst and Washington bureau chief at Bankrate.com, Mark Hamrick, joined CBS News' Anne-Marie Green and Vladimir Duthiers with more on what this means for our economy.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
President Joe Biden weighs whether to make a climate emergency declaration; Emmett Till's home to receive landmark funds.
Biden holds controversial meeting with Saudi crown prince; "CBS Evening News" viewers help raise $45,000 for family struggling to afford gas
Economists were spot on that our post-pandemic recovery will not follow the normal rules. However, we now find ourselves watching inflation skyrocket as fuel prices fall. Derek Thompson, staff writer at the Atlantic, joins CBS News to discuss his latest piece, titled "The Everything-Is-Weird Economy."
After hitting a record high in June, prices at the pump have fallen for more than 30 straight days.
In Italy more people are heading to food banks, while Germans are turning down the AC to prep for energy rationing.
"CBS Evening News" viewers helped raised more than $45,000 for a family who was struggling to pay for gas to get their daughter who has cancer to her medical appointments. The family won't have to rely on high-interest payday loans to buy gas thanks to the donations.
The Vincents now spend more than $200 a week on gas, money they don't always have.
President Joe Biden is arriving in Saudi Arabia for his highly-anticipated meetings with Crown Prince Mohammed Bin Salman and his father, King Salman. CBS News' Ed O'Keefe and Bo Erickson break down on what the leaders will discuss.
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
U.S. ranks No. 27 in gender parity, behind New Zealand, Rwanda and Germany which received top marks in report.
The war in Ukraine is having a major impact on food and fuel supplies worldwide. William Taylor, former U.S. ambassador to Ukraine, joined John Dickerson to discuss the situation.
President Joe Biden holds talks with Mexican President Andrés Manuel López Obrador at the White House before traveling to the Middle East to meet with several leaders from the region. CBS News correspondent Christina Ruffini joined Vladimir Duthiers and Anne-Marie Green to discuss Mr. Biden's agenda.
Drivers are beginning to feel some relief as gas prices start to trickle downward. Bloomberg oil futures reporter Julia Fanzeres joins CBS News Mornings to discuss why and who is seeing the lowest price tags.
President Biden is evaluating options to curb the price of Russian oil, in an attempt to limit how much Moscow can spend funding the conflict in Ukraine. Threadneedle Ventures founder and managing partner Ann Berry discussed the administration's plan on CBS News.
With the rising cost of gas prices, many drivers are considering gas credit cards to save money and earn rewards. CBS MoneyWatch reporter Megan Cerullo joins "CBS News Mornings" to discuss these cards and how to figure out if they're worth using.
Not taking advantage of any fuel-savings programs at all is a mistake, according to one analyst.
Pump the brakes on your gas-powered lawn tools with these electric alternatives from Ego, Black + Decker and more.
According to the Texas Tribune, many customers in the state are paying at least 50% more for electricity than they did this time last year. Mitchell Ferman, an energy and economy reporter for the Texas Tribune, joins CBS News' Lana Zak to talk about why natural gas is driving up electric bills in Texas.
Financial Times U.S. economics editor Colby Smith joins "Red and Blue" to break down what natural gas prices skyrocketing in Europe mean for the U.S., where gas prices may go next, and how worried people should be about inflation.
The leaders of Lebanon and Israel agreed to begin a 10-day ceasefire starting at 5 p.m. Eastern Time.
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
GOP Rep. Anna Paulina Luna told CBS News that Democratic Sen. Ruben Gallego was the previously unnamed senator whom she accused of "very disturbing" conduct. Gallego has denied all wrongdoing.
Todd Lyons, the acting head of U.S. Immigration and Customs Enforcement, is planning to leave the federal government later this spring.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
Singer and songwriter d4vd has been arrested on suspicion of murder for the death of a 14-year-old whose dismembered body was found last year in a Tesla belonging to the singer.
CBS News projects that Democrat Analilia Mejia will win the special election in New Jersey's 11th Congressional District, a seat formerly held by Gov. Mikie Sherrill.
"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.
A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
"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.
Todd Lyons, the acting head of U.S. Immigration and Customs Enforcement, is planning to leave the federal government later this spring.
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
A munitions company that handles explosives for the U.S. military is facing a fine of over $3 million after an explosion killed 16 people last year.
Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.
NPR said the donation from Ballmer, the largest to the public radio network by a living donor, will help offset the loss of federal funding in 2025.
A federal agency will open a portal on April 20 that lets businesses apply for a refund for Trump tariffs struck down by the Supreme Court.
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
GOP Rep. Anna Paulina Luna told CBS News that Democratic Sen. Ruben Gallego was the previously unnamed senator whom she accused of "very disturbing" conduct. Gallego has denied all wrongdoing.
Todd Lyons, the acting head of U.S. Immigration and Customs Enforcement, is planning to leave the federal government later this spring.
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
Cuban President Miguel Díaz-Canel says that while Cuba does not want military aggression from the United States, his country is prepared to fight back.
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.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
Ibogaine is used in Mexico and the Caribbean to treat depression, anxiety, addiction and brain trauma.
According to new CDC data, there were 3.6 million U.S. births in 2025, a 1% decline from 2024 and down 23% since 2007. The Trump administration has said it wants to reverse this trend.
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.
Cuban President Miguel Díaz-Canel says that while Cuba does not want military aggression from the United States, his country is prepared to fight back.
Few Republicans have been willing to distance themselves from the president as the war's end remains uncertain.
Defense Secretary Pete Hegseth said Thursday thatthe U.S. military can "make the transition" from the blockade to "major combat operations."
An Australian judge turned away an appeal by former U.S. Marine pilot Daniel Duggan to avoid extradition to the U.S. over allegations that he illegally trained Chinese military aviators more than a decade ago.
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
(Warning: Spoilers ahead!) "CBS Mornings" reveals a surprising twist in Wednesday's "Survivor 50" episode that led to a historic trial council ceremony.
A jury ruled that Live Nation and Ticketmaster operated as an illegal monopoly. Variety's Jem Aswad joins CBS News with more.
Simon Helberg, known for his role as Howard in "The Big Bang Theory," talks about the new show "The Audacity." Helberg plays a developer who is creating an AI companion. He explains what drew him to the role and discusses the show's messages about humanity and technology.
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
More concerns are emerging about Anthropic's new Mythos AI model. Matt Shumer, a former AI company founder and CEO, joins CBS News with more details.
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.
U.S. officials are warning of Iranian cyberattacks on businesses and consumers. It comes as a new FBI report shows losses from cybercrime reached nearly $21 billion last year. Ash-har Quraishi shows how hackers are using artificial intelligence, and how you can protect yourself.
U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation's power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Police in Virginia say the former Lt. Gov. Justin Fairfax died after he shot and killed his wife and then turned the gun on himself. Nicole Sganga reports.
Just after midnight on Thursday, police say former Virginia Lt. Gov. Justin Fairfax killed his wife and then himself in their home. Both of their teenage children were home at the time of the incident. CBS News homeland security correspondent Nicole Sganga reports.
New JAMA network research data shows a sharp increase in the number of people who died while in ICE detention last year. CBS News' Camilo Montoya-Galvez reports.
Gregory Morgan Jr. of Temple Hills, Maryland, was charged Thursday morning with two counts of second-degree assault in the Feb. 5 incident.
Damon Jones was among dozens of people, including alleged mafia figures and athletes, charged last year in connection with a pair of gambling schemes.
"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.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
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.
Lindsey Reiser anchors a special CBS News 24/7 report on the blockade against Iranian ports, the effective closure of the Strait of Hormuz and the current state of the war with Iran.
CBS News' Lana Zak spoke with some Americans about their thoughts on the conflict with Iran and its impact on the economy.
President Trump has repeatedly claimed that the war with Iran is "almost over." He has also stated multiple times that the U.S. is close to accomplishing "all of its goals" in Iran. CBS News' Robert Costa reports and Michael Doran, director of the Center for Peace and Security in the Middle East at the Hudson Institute, have more.
Earlier this week, President Trump turned his criticism toward an unlikely subject- Pope Leo. Michael O'Loughlin, the executive editor of the National Catholic Reporter, joins "The Daily Report."
Ceasefire begins between Israel and Lebanon; U.S. blockade of Iranian ports continues for a fourth day.