S&P 500 reaches new high, defying economic gloom
Benchmark index surpassed its previous record on February 19 amid expectations for an economic rebound in 2021.
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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
Four weeks into the longest shutdown in U.S. history, stocks are up more than 10 percent
Wall Street looks set to follow suit in Monday trading as investors grow wary again about global growth
Ukrainian President Zelenskyy says he and President Trump have agreed to meet in Florida on Sunday, signaling progress in talks to end the Russia-Ukraine war.
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
The body of 9-year-old Melodee Buzzard was found by authorities in Utah on Dec. 6 after she went missing in October.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Mickey Lee, a former "Big Brother" houseguest known for her vibrant personality and bold gameplay, has died, her family announced in a social media post shared Friday.
The band announced Perry Bamonte's death on their official website on Friday.
The suspected gunman was shot and killed by law enforcement, authorities said.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
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.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
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.
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.
#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)
Thailand and Cambodia agreed to an "immediate" ceasefire on Saturday, the two countries said in a joint statement, pledging to end weeks of deadly border clashes.
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
Images shared by Syria's state-run news agency showed blood on carpets, holes in the walls, shattered windows and fire damage.
Flat-headed cats are among the world's most threatened wild felines.
Iran seized a foreign oil tanker as it traveled the strategic Strait of Hormuz carrying some 25,000 barrels of smuggled fuel, state media said.
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
Smith previously played young Nala in "The Lion King" on Broadway.
Mickey Lee, a former "Big Brother" houseguest known for her vibrant personality and bold gameplay, has died, her family announced in a social media post shared Friday.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
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.
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.
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.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
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."
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.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
Smith previously played young Nala in "The Lion King" on Broadway.
More than a dozen people were injured in a stabbing attack in a factory in central Japan in which a liquid believed to be bleach was also sprayed, authorities said.
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
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.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
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.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
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.
Steve Hartman follows up on the story about a boy he met "On the Road" who can perfectly imitate bird calls.
Hassle-free returns may be a thing of the past, and if you're staring at a stack of unwanted Christmas gifts, you may have to think twice before mailing them back. Dave Malkoff reports.
The cost of heating a home is going through the roof, but there are steps you can take to try to keep your energy bills down. Ash-har Quraishi has details.
Flu season is in full swing, with close to 5 million cases and nearly 2,000 deaths, including at least three children, according to the Centers for Disease Control. Kati Weis reports.
Details are emerging about the Christmas Day military strikes in northern Nigeria. The U.S. launched what President Trump called a "powerful and deadly" strike on ISIS targets in the West African nation. Willie Inman has more.