Tech tanks again, as Tesla dives after S&P 500 rebuff
Wall Street rout gains traction as electric-car maker slides double digits following exclusion from benchmark index.
Watch CBS News
Wall Street rout gains traction as electric-car maker slides double digits following exclusion from benchmark index.
Uncertainty over the global response to the coronavirus outbreak saw stocks plummet in Asia and Europe. As the U.S. markets prepare to open, futures paint a gloomy picture. CBS News business analyst Jill Schlesinger joins CBSN with the details.
Benchmark index surpassed its previous record on February 19 amid expectations for an economic rebound in 2021.
S&P 500 back into positive terrain as well, though some analysts warn stocks are "vulnerable to disappointments."
The "biggest payroll surprise in history" is fueling investor optimism that the economy is rebounding.
Your 401(k) may be taking a hit this week after another sell-off in the markets. The Dow, Nasdaq and S&P each lost more than 1.5% of their value Wednesday, the second straight day of losses. President Trump placed the blame on his political foes, and "impeachment nonsense." CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss what's really behind the drop.
CBS and Viacom have completed their merger. ViacomCBS Chairman Shari Redstone and ViacomCBS President and CEO Bob Bakish celebrated the new corporate combination with a ceremonial ringing of the opening bell at the Nasdaq MarketSite in New York's Times Square. Anne-Marie Green and Vladimir Duthiers have more.
Coronavirus fears wiped out all of this year’s gains in the stock market. The Dow lost more than 1,000 points today, and the Nasdaq and S&P 500 also tanked. The number of cases of illness here in the U.S. shot up to 53 over the weekend, as dozens of sick passengers returned from that cruise ship in Japan. Mark Phillips reports.
The Dow and NASDAQ’s Friday closing numbers marked the end of U.S. markets’ worst week since the 2008 financial crisis. The economic fallout has also lead to massive layoffs and predictions of an unprecedented slowdown. Jill Schlesinger joins “CBS This Morning: Saturday” to break down the latest financial information.
The Dow declined 2.9% after the stimulus bill to aid workers and businesses stalled in the U.S. Senate.
Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
The spread of the new virus is starting to impact the U.S. stock market even though most cases are in China.
The S&P 500 rose nearly 29% on the year, as investors shrugged off global trade conflicts and recession fears
Record consumer spending for holidays and hopes for a China trade deal push the tech stock index to a record close.
Growing uncertainty about how the standoff might evolve is causing choppy trading on Wall Street
Flaring concerns over deteriorating U.S. trade relations have investors dialing back on risk
S&P 500 sees strongest week since November as investors bet the Fed will soon cut interest rates to stoke growth
The benchmark index is up 13.1 percent this year, a stark reversal from the sell-off at the end of 2018
Investors bet on Lyft's soaring user growth in its much-anticipated IPO.
Huawei blasts the U.S. government for a "loser's attitude"; Lyft debuts on the Nasdaq exchange at $72 share price, exceeding company expectations; plus other MoneyWatch headlines
On March 10, 2000, newly-formed online companies reached stratospheric heights on the stock market, setting the stage for an Icarus-like fall
Growing optimism that the two sides are moving closer to a deal is keeping early 2019's rally going
Investors are watching for progress in U.S.-China trade talks and in negotiations to avert a second government shutdown
Trading in the year's first month marks a sharp reversal from December, which was the worst month since 1931
The industrial bellwether's profit warning – tied to tariffs and China's slowdown – was a catalyst for Monday's drop
Democrats say they are considering Republicans' "last and final" offer to end the DHS shutdown. Follow live updates.
President Trump warned Iran to make a deal on his terms "before it is too late."
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
The Minnesota Secretary of State's Office has been ordered to turn over certain voter records.
DOJ plans to turn over voter data it's collecting from states to DHS for use in immigration and criminal investigations, sources say.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
RNC representatives toured the American Airlines Center last month.
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
DOJ plans to turn over voter data it's collecting from states to DHS for use in immigration and criminal investigations, sources say.
The Minnesota Secretary of State's Office has been ordered to turn over certain voter records.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
RNC representatives toured the American Airlines Center last month.
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
An amendment that would require voters to show photo identification to cast a ballot failed to advance in the Senate on Thursday.
DOJ plans to turn over voter data it's collecting from states to DHS for use in immigration and criminal investigations, sources say.
The Minnesota Secretary of State's Office has been ordered to turn over certain voter records.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
Twin mountain gorillas were recently born in the Virunga National Park, renowned for its biodiversity but threatened by conflict.
Camila Morrone, who stars in the series "Something Very Bad Is Going to Happen," speaks to "CBS Mornings" about the show, what intimidated her about the horror genre, and working with the Duffer brothers.
(Spoilers ahead) "CBS Mornings" reveals shocking details about the latest "Survivor" elimination ceremony.
Oscar-winning filmmaker Peter Jackson announced on Wednesday that "The Late Show" host Stephen Colbert will co-write the next "Lord of the Rings" movie. "The Late Show" airs its final episode in May.
Major League Baseball's "robot umpire" made its debut in the season-opening New Yankees-San Francisco Giants game in Oracle Park.
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Meta and YouTube were found liable on all charges in a landmark social media addiction trial. CBS News' Jo Ling Kent reports.
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.
After days of deliberation, a jury in Los Angeles found Meta and YouTube liable for creating platforms designed to be addictive for kids and for failing to warn them. The plaintiff was awarded $6 million in damages in the case. Meta and Google, which owns YouTube, both say they'll appeal.
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
The New York City Police Department is unveiling its gender-based violence policy and training unit to help survivors and investigate aggressors. CBS News' Anna Schecter reports.
Former Venezuelan President Nicolás Maduro is expected in court today for a hearing where he is expected to seek the dismissal of charges against him. CBS News' Anna Schecter has more.
Deposed Venezuelan leader Nicolás Maduro and his wife appeared Thursday in federal court in Manhattan. Here's a look at his life behind bars.
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
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.
CBS News contacted all 532 House and Senate offices (there are three House vacancies) about the DHS funding impasse and asked what lawmakers are doing to end the shutdown. Here's what we heard back.
Unmanned and remotely-controlled drones have transformed the battlefield in Ukraine. Now, the U.S. military is learning lessons from Ukraine and facing similar weapons in the war with Iran. Sunday on 60 Minutes.
Jonathan Wachtel, a global affairs analyst, breaks down what we know about the Iran war and the U.S. efforts to end the conflict. This comes as President Trump insists Tehran is "begging" to negotiate a peace deal.
Former Venezuelan President Nicolás Maduro attended a pre-trial court hearing in New York City on Thursday as a judge weighs key issues in his case. CBS News' Lilia Luciano reports.
In 2011, Steve Kroft profiled Trey Parker and Matt Stone, creators of the musical comedy "The Book of Mormon," which this week marks 15 years on Broadway. Parker and Stone, who met in a film class in college, are best known as the creative team behind "South Park," which airs on Comedy Central and Paramount+, both owned by Paramount Skydance.