Stocks fall amid fears of rate hikes
Wall Street ended the week with its worst day in months. The Dow Jones fell more than 1,000 points with all three major indexes off more than 3%. Nikki Battiste reports.
Nasdaq
Stock market slows after Monday sell-off
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
Stock market recap
It turned out to be a relatively flat day on Wall Street. The Dow opened higher but took a turn midday, with the market dipping into the red. Chief economist for The Conference Board Dana Peterson joins CBS News' Tanya Rivero and Lilia Luciano to discuss.
MoneyWatch: Markets react to war in Ukraine
The Dow Jones suffered significant losses on Tuesday as the war in Ukraine intensified. Escalating violence coupled with increased sanctions on Russia caused the price of oil to spike. Axios business reporter Hope King joins CBS News with more.
Stock market sees rollercoaster day
President Biden announced the U.S. will ban Russian imports of oil. That announcement and other news surrounding Russia's war in Ukraine sent the stock market on a rollercoaster Tuesday. David Ragland, chief investment officer of IRC Wealth, joins CBS News at the closing bell to explain why days like these could be a good sign on Wall Street.
MoneyWatch: Fed announces interest rate hike
The Federal Reserve announced a 0.25% interest rate hike -- the first increase since 2018. The Wall Street Journal's chief economics correspondent Nick Timiraos, author of "Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster," joins CBS News to explain what this means for American consumers.
Inflation's impact on retirement funds
New figures from the Bureau of Labor Statistics show inflation slowed in April for the first time since August. But the Dow ended the day down more than 300 points. Michael Rosen, managing partner and chief investment officer at Angeles Investments, joins CBS News to discuss the impact inflation coupled with the falling stock and bonds markets have had on Americans' pensions and retirement funds.
MoneyWatch: Markets and inflation
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
Stock market hit by inflation fears
Stock markets tanked early Friday after news that May's Consumer Price Index rose more than economists expected. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joined CBS News to discuss the market's reaction to rising inflation.
MoneyWatch: Market recap for June 27th, 2022
All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
MoneyWatch: Markets react to Ukraine crisis
The stock market closed down on the day President Biden announced sanctions, saying the Russian invasion of Ukraine was underway. Steve Odland, CEO of The Conference Board and the former CEO of Office Depot and Autozone, joins CBS News to discuss the impact the Russia-Ukraine conflict is having on the markets and the impact on consumer confidence.
MoneyWatch: Markets react to inflation report
In MoneyWatch, the stock market fell following the release of the Labor Department's March Consumer Price Index. Consumer prices rose 1.2% last month, up 8.5% from the same time last year. Matt Stucky, a senior portfolio manager at Northwestern Mutual Wealth Management, joins CBS News with more on the impact.
MoneyWatch: Oil's tumble may not last long
Oil prices fell under $100 a barrel Tuesday. Tamar Essner, a principal at Vectis Energy Partners, joined CBS News to discuss.
Markets react to Fed interest rate hike
The Federal Reserve on Wednesday announced its largest interest rate hike since 1994, in an effort to combat historic inflation. Matthew Luzzetti, a senior economist at Deutsche Bank, joins CBS News to discuss how the move is impacting the stock market.
MoneyWatch: Stocks swing on earnings reports
Major stock indexes ended Wednesday mostly flat despite gains early in the day. Wall Street Journal reporter Caitlin McCabe joins CBS News at the closing bell to discuss what is driving the market.
MoneyWatch: Markets snap losing streak
The Dow Jones Industrial Average ended the week up more than 500 points, snapping eight straight weeks of losses. The tech heavy NASDAQ and S and P 500 both saw gains as well. Dan Ives, managing director and senior equity analyst at Wedbush Securities, joins CBS News to discuss what's driving the markets.
Markets end the day down Tuesday
The Dow Jones bounced back late Tuesday after dipping more than 800 points during the day, while other major indexes ended the day down. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the day's trading and what investors should be looking towards.
MoneyWatch: Netflix stock plummets
The NASDAQ ended Tuesday deep in the red after Netflix reported it lost subscribers for the first time in a decade. Michael Pachter, managing director of equity research at Wedbush Securities, joins CBS News at the closing bell to break down how Netflix is impacting the market and why it may not be as big an indicator as some may fear.
MoneyWatch: Markets react to Russia
Russia's invasion of Ukraine sparked major turmoil in the global markets. David Waddell, chief investment strategist at Waddell and Associates, joins CBS News to discuss what the geopolitical drama could mean for the economy in the coming days.
Stock market ends the week with gains
The stock market closed out the week with gains as it responded to the Federal Reserve's interest rate hike. Melissa Armo, founder and owner of The Stock Swoosh, joins CBS News at the closing bell to break down what's driving the market.
MoneyWatch: Stock markets continue to fall
Stock markets saw big losses Monday as gas prices continue to rise and Russia's invasion of Ukraine sparks the potential for even more economic fallout. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the ramifications.
Confusion on Wall St. after Nasdaq glitch
Confusion erupted on Wall Street Monday night when it appeared Amazon's stock dropped more than $800 in after-hours trading while several others showed dramatic gains and losses. Andrea Fujii of CBS Los Angeles reports.
Economy expert on stock market slump
Wall Street has entered a bear market, but experts warn you shouldn't do anything rash. CBS News Business Analyst Jill Schlesinger spoke to Anne-Marie Green and Vladimir Duthiers on CBS News about how to handle your finances in a down market, and what's to blame for plummeting prices.
Stocks plunge as major retailers show poor results
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
MoneyWatch: S&P briefly hits bear market
A major stock market index briefly hit bear market territory on Friday after a volatile week of trading. George Ball, chairman at the investment firm Sanders Morris Harris, speaks with CBS News' Tanya Rivero and Nancy Chen on whether the U.S. economy is headed for a recession.
Trump secretly switched to different plane in Turkey amid Iran threat
Ahead of a flight from Turkey, he secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source.
Live
Trump claims control of Strait of Hormuz as stalemate deepens
Stalemate between two countries deepens as President Trump mirrors Iran's demand for compensation and claims U.S. controls the Strait of Hormuz
Judge dismisses charges against billionaire Adani, but sharply criticizes DOJ
A federal judge dismissed fraud charges against Indian billionaire Gautam Adani at the DOJ's request. But in an unusual twist, he refused to dismiss charges against some co-defendants and criticized the DOJ's handling of the case.
Rescuers race to find Colombia earthquake survivors as death toll rises
More than 2,700 people were reported missing on Monday night, after the country was struck by its strongest earthquake on record.
In texts, Fauci discussed potential risks, benefits of COVID vaccine for pregnant women
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
Zelenskyy says Russia using North Korean missiles in Ukraine
Russia and North Korea have been collaborating in the offensive against Ukraine since 2024.
First on CBS
Trump signs order on vaccination recommendations
President Trump signed an executive order on childhood vaccine schedules Monday.
Congo Ebola death toll tops 2,000 in fastest spreading outbreak on record
At least 2,000 people have died among the confirmed cases in Congo's Ebola outbreak that is the fastest spreading on record, according to the latest government data.
Wisconsin's Democratic showdown and more primary races to watch today
South Carolina Republicans will be choosing a successor for the late Sen. Lindsey Graham's seat, and Minnesota's Senate primary is another battle between moderate and progressive Democrats.
U.S.
More U.S.
Omar says federal agent was posted outside monthly meeting in Minneapolis suburb
Democratic U.S. Rep. Ilhan Omar says a Homeland Security Investigations agent was outside her monthly town hall meeting in Richfield, Minnesota, on Thursday.
Powerball jackpot nears $1 billion after no one won $905 million grand prize
No winning tickets were sold for Monday night's $905 million Powerball jackpot, so the estimated grand prize for Wednesday night's drawing will be at least $975 million, Powerball says.
Court clears way for social media addiction suits against tech giants
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Why Taylor Farms faces scrutiny over salmonella and cyclospora outbreaks
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Contiguous U.S. breaks its record for hottest month ever, NOAA says
Temperatures last month averaged 76.9 degrees Fahrenheit as above-average warmth blanketed the U.S.
MoneyWatch
More MoneyWatch
Powerball jackpot nears $1 billion after no one won $905 million grand prize
No winning tickets were sold for Monday night's $905 million Powerball jackpot, so the estimated grand prize for Wednesday night's drawing will be at least $975 million, Powerball says.
Court clears way for social media addiction suits against tech giants
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Why Taylor Farms faces scrutiny over salmonella and cyclospora outbreaks
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
5 takeaways from Zuckerberg's essay on his vision for superintelligence
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
Mark Zuckerberg's yacht missed boat's call for help, spokesperson says
The issue arose when a skiff ran out of fuel off the coast of Alaska and called for assistance from nearby ships.
Politics
More Politics
North Carolina GOP chooses replacement candidate for Rep. Chuck Edwards
State Rep. Jennifer Balkcom will face Jamie Ager on the ballot in November.
Wisconsin's Democratic showdown and more primary races to watch today
South Carolina Republicans will be choosing a successor for the late Sen. Lindsey Graham's seat, and Minnesota's Senate primary is another battle between moderate and progressive Democrats.
Live
Trump claims control of Strait of Hormuz as stalemate deepens
Stalemate between two countries deepens as President Trump mirrors Iran's demand for compensation and claims U.S. controls the Strait of Hormuz
Trump secretly switched to different plane in Turkey amid Iran threat
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source, as the U.S. grappled with a threat from Iran.
In texts, Fauci discussed potential risks, benefits of COVID vaccine for pregnant women
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
HealthWatch
More HealthWatch
As Medicare pays less for cataract surgery, doctors turn to moneymaking lasers
More cataract patients, wanting not only restored but improved vision, are paying extra for their doctors to use a laser when a scalpel would do.
Congo Ebola death toll tops 2,000 in fastest spreading outbreak on record
At least 2,000 people have died among the confirmed cases in Congo's Ebola outbreak that is the fastest-spreading on record, according to the latest government data.
In texts, Fauci discussed potential risks, benefits of COVID vaccine for pregnant women
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
Taylor Farms recalls jalapeño products
Taylor Farms, the company linked to this summer's lettuce-related parasite outbreak, is now recalling jalapeño pepper products after new concerns about salmonella. Tom Hanson reports.
Trump orders new vaccine recommendations
As kids head back to school amid the worst measles outbreak in decades, President Trump signed an executive order slashing the number of vaccines recommended for children. Ed O'Keefe has the details and Dr. Jon LaPook discusses what parents should know.
World
More World
Rescuers race to find Colombia earthquake survivors as death toll rises
More than 2,700 people were reported missing on Monday night, after the country was struck by its strongest earthquake on record.
Zelenskyy says Russia using North Korean missiles in Ukraine
Russia and North Korea have been collaborating in the offensive against Ukraine since 2024.
Congo Ebola death toll tops 2,000 in fastest spreading outbreak on record
At least 2,000 people have died among the confirmed cases in Congo's Ebola outbreak that is the fastest-spreading on record, according to the latest government data.
Live
Trump claims control of Strait of Hormuz as stalemate deepens
Stalemate between two countries deepens as President Trump mirrors Iran's demand for compensation and claims U.S. controls the Strait of Hormuz
Trump secretly switched to different plane in Turkey amid Iran threat
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source, as the U.S. grappled with a threat from Iran.
Entertainment
More Entertainment
Entertainment
Jury selection begins in Tupac Shakur trial
Nearly 30 years after the killing of rapper Tupac Shakur, jury selection is underway for the man charged in connection with the murder, Duane "Keffe D" Davis. Celebrity attorney Chris Melcher joins CBS News to discuss.
Riley Green talks upcoming album
Country music star Riley Green joins "CBS Mornings" to talk about his upcoming album, "That's Just Me," which is set for release in mid-September.
Meet Paw Patrol look-alike contest winners
The winners of a Paw Patrol look-alike contest join "CBS Mornings" ahead of the "Paw Patrol: The Dino Movie" which premieres Aug. 14.
Taylor Swift songs in White House socials
Some Taylor Swift songs were removed from several White House social media videos. CBS News contributor Caroline Polisi has more.
Tales from Gay Talese
A legend among writers and reporters, and a leading practitioner of the "New Journalism," Gay Talese talks of a career writing about the famous and not-so-famous, from Frank Sinatra, to aging sports figures, mobsters and nudists.
Technology
More Technology
Technology
Meta debuts new AI model; Sanders' regulatory push
Sen. Bernie Sanders on Monday called for more regulation of artificial intelligence, saying companies are losing control of the technology. On the same day, Meta released a new AI tool. Axios tech and policy reporter Maria Curi joins to discuss.
Court clears way for social media addiction suits against tech giants
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
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.
5 takeaways from Zuckerberg's essay on his vision for superintelligence
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Science
More Science
Science
Protecting the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world. (Originally broadcast April 26, 2026.)
Genetically altered beagles offer hope for dog lovers with allergies
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.
Most detailed images taken of sun's surface revealed
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.
Bezos, DiCaprio set up massive wildlife fund
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.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Crime
More Crime
Crime
Lindsay Clancy's psychiatrist back on stand
Lindsay Clancy's psychiatrist, Dr. Jennifer Tufts, is back on the stand Monday as the Massachusetts murder trial enters its third week. CBS News' Katrina Kaufman has more.
Man who allegedly arranged Tupac Shakur's 1996 killing is on trial in Las Vegas
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
2 killed in New York Harbor boat capsize
The captain of a boat that overturned in New York Harbor was charged with reckless endangerment. Twelve people were saved, but a mother and her 5-month-old daughter died. Michael George reports.
Family of murdered photographer wonders if his killer acted alone
Joe Shymanski, a, well-known Washington D.C. photographer, was murdered and dismembered in 2023. His ex-wife's former boyfriend, Brandon Holbrook, was convicted in the case. Shymanski's family still wonders if anyone else was involved.
Survivor's testimony key in helping convict ex-boyfriend of murder
C.C. Opanowski says it's still difficult to process the fact that a person she once loved was convicted of murder. She hopes that others can learn from her story.
Space
More Space
Most detailed images taken of sun's surface revealed
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
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.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Latest Galleries
More Latest Galleries
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.
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.
Investigating the death of designer Sylvie Cachay
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
D4vd Charged with Murder
Following the discovery of Celeste Rivas Hernandez's remains in a vehicle registered to D4vd last fall, what were the key developments that led to charges this week? On this episode of "Case by Case," we examine all of the new details coming out of the case against singer-songwriter David Anthony Burke, who professionally goes by D4vd. "48 Hours" correspondent Natalie Morales and CBS News chief correspondent Matt Gutman break down what we know so far about Celeste's death and the alleged abusive relationship she had with the singer.
The Au Pair Affair: Banfield Sentenced to Life
On Friday, June 5, Brendan Banfield was sentenced to life in prison without parole for orchestrating an elaborate plot to murder his wife, Christine Banfield, while carrying on an affair with the family's au pair, Juliana Peres Magalhães. The scheme involved luring an unsuspecting man, Joseph Ryan, to the Banfield home and attempting to frame him for the crime. "48 Hours" correspondent Anne-Marie Green and "48 Hours" producer Michelle Sigona share the most passionate moments from victim impact statements. You'll also hear from Brendan Banfield in court as he maintained his innocence.
Disturbing New Allegations Against D4vd
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
Inside D4vd's Preliminary Hearing in Murder Case
A preliminary hearing offers the clearest look yet at the case against singer-songwriter D4vd, who is charged with the murder of 14-year-old Celeste Rivas Hernandez. "48 Hours" correspondent Anne-Marie Green is joined by Los Angeles Times investigative crime writer Richard Winton to unpack the latest courtroom developments, the prosecution's strategy, the defense's response, and the evidence that could determine whether the case advances to trial.
Trump signs order on vaccine recommendations
A new executive order from President Trump calls for spacing out vaccines for children and getting fewer at any given time. CBS News medical correspondent Dr. Celine Gounder explains what parents should know.