Nvidia hits $4 trillion value in major first
Artificial intelligence giant Nvidia became the first company to surpass a $4 trillion market valuation on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
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Amazon Prime Day deals to look for
Tuesday marks the start of one of the biggest online shopping events of the year: Amazon Prime Day. Nathan Burrow, senior deals editor for Wirecutter, joins CBS News to round up some of the best promotions.
Trump's new tariff deadline: What to know
President Trump notified Japan, South Korea and another dozen countries on Monday that they would face 25% tariffs on all exports to the U.S. starting Aug. 1. CBS News senior White House and political correspondent Ed O'Keefe reports.
What to know ahead of Amazon Prime Day
Amazon Prime Day 2025, which is actually a stretch of four days, runs from July 8-11 and offers major deals on all kinds of merchandise. Andrea Woroch, a consumer savings expert, shares what to know ahead of the big sale.
White House reacts to June jobs report
The U.S. added more jobs than expected in June, but a slowing trend in hiring is also evident as new data emerges about the state of the economy. CBS MoneyWatch correspondent Kelly O'Grady reports.
Breaking down stablecoins and the GENIUS Act
Last week, in a bipartisan vote, the Senate passed the GENIUS Act, creating a regulatory framework for stablecoins. Dante Disparte, chief strategy officer at the financial technology company Circle, joins "The Takeout" to explain how stablecoins work and what the Senate's legislation means for the cryptocurrency.
Stocks rally in wake of Israel-Iran ceasefire
The stock market rallied for a second day on Tuesday as tensions with Iran sent oil prices plummeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stocks up, but consumer confidence down
Almost six in 10 Americans say the economy is in bad shape, according to a new CBS News poll. Stocks were up across the board on Tuesday though. Kelly O'Grady has more.
The global role of the Strait of Hormuz
The intensifying conflict in the Middle East is raising new concerns about its potential impact on the oil and gas industry. Much of the focus is on whether Iran will close the Strait of Hormuz, a critical waterway for global crude oil supply. CBS News' Meg Oliver explains how the Strait functions and what a potential closure could mean on a worldwide scale.
Global economy reacts to U.S. strikes on Iran
U.S. and global markets remained mostly steady following U.S. strikes on Iran's key nuclear sites over the weekend. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Social Security trust funds may deplete by 2034
Social Security could run out of funds to fully pay out benefits to millions of people in less than 10 years. CBS News MoneyWatch associate managing editor Aimee Picchi has the details.
New data on wage growth
Wage growth may be paying off more for those who are choosing to stay with their current employers instead of making a switch to a different company. Juliana Kaplan, a senior labor and inequality reporter at Business Insider, joins "CBS News Mornings" with more.
Fed leaves interest rates unchanged
The Federal Reserve held interest rates steady again on Wednesday, despite pressure from President Trump to cut rates. CBS News business analyst Jill Schlesinger reports.
Oil prices spike amid Israel-Iran strikes
Stocks lost ground on Friday as traders kept a close eye on the conflict between Israel and Iran. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
How Gen Z is changing bar culture
A New York Times report suggests that Gen Z -- those born between 1997 and 2012 -- do not like to open a bar tab when they drink with friends. CBS News chief Washington correspondent Major Garrett traveled to a bar near the University of Maryland and sat down with Michael McMillan, a professor of business there, to learn why.
Sneak peek: Death by Text
Inside the groundbreaking case of a crime of the digital age — a young woman convicted of involuntary manslaughter because she used text messages to encourage a friend to take his own life. "48 Hours"' Erin Moriarty reports. Watch Saturday, May 28 at 10/9c on CBS and streaming on Paramount+.
Stocks waver in wake of U.S.-China framework
The Dow Jones had an up and down day Wednesday, finishing flat after news of the U.S. and China agreeing to a framework for a trade deal and new data that showed inflation rose slightly in May, although less than economists had expected. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Rare earths at center of U.S.-China talks
U.S. and Chinese officials met in London on Monday for a second round of trade talks. CBS News senior business and technology correspondent Jo Ling Kent has the latest on where things stand in negotiations to strike a deal between the world's two largest economies.
Giving apartments to the chronically homeless can save taxpayer dollars, advocates say
Giving apartments to the chronically homeless can save taxpayer dollars, advocates say. Anderson Cooper reports on the 100,000 Homes Campaign, an innovative approach to fighting homelessness.
Ex-Obama trade adviser on impact of tariffs
President Trump's tariff hike on steel and aluminum imports took effect on Wednesday. Francisco Sanchez, who served as the under secretary of commerce for international trade in the Obama administration, joins "The Takeout" to unpack the possible downstream consumer effects.
ADP employment report shows hiring slowdown
ADP's May employment report, released on Wednesday, suggests that the labor market is weakening. CBS News MoneyWatch correspondent Kelly O'Grady unpacks the data and what it could mean for the U.S. economy.
AP: CEO pay rose nearly 10% in 2024
In a record-breaking year on the stock market, the CEOs of some of the world's leading companies saw their compensation surge, all while their employees saw more modest gains, according to a new analysis. Paul Harloff, global markets editor for The Associated Press, joins to unpack the findings.
China, U.S. swap trade violation claims
China is pushing back against the U.S. after President Trump accused the country of violating a May 12 trade agreement. CBS News senior business and technology correspondent Jo Ling Kent reports.
CBS News poll: 39% say U.S. economy is good
A new CBS News poll shows that 39% of Americans rate the state of the U.S. economy as "good." Anthony Salvanto, CBS News executive director of elections and surveys, breaks down the findings.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The AI doom scenario you've never heard of may be hardest to stop
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Russian envoy says visit to Iran aimed at averting return to war
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Ex-OpenAI worker who allegedly planted bug contacted Saudi royal
Trump signs executive order on women's health
Zelenskyy says it's Putin who wants an endless war, not him
