GameStop, Reddit and the Battle of Wall Street
The titans of finance were shaken by a subculture of amateur traders on WallStreetBets, whose viral stock purchases sent hedge funds reeling.
Corporate executives reap millions from Reddit stock frenzy
Stock sales by GameStop and BlackBerry insiders raise questions about their comp. "It's pay for luck," one expert said.
Reddit posters make millions on GameStop's wild stock ride
Reddit board Wallstreetbets seems to have driven a near-2,000% rise in the stock price of troubled video game retailer.
Robinhood restricts trading in GameStop, drawing criticism from lawmakers
The decision has sparked fierce backlash from users and lawmakers.
Reddit users drive up value of GameStop stock
Thanks to a group on Reddit with millions of followers, individual investors have sent the value of GameStop's stock soaring this week, shocking Wall Street investors who bet big on the retailer's decline. The Securities and Exchange Commission and the White House both said they are monitoring the situation. CBS MoneyWatch's Stephen Gandel and CBSN technology reporter Dan Patterson join CBSN AM to break down what this all means.
GameStop vs. Wall Street
Small investors using a Reddit forum appear to have driven the stock of the struggling retail chain GameStop up nearly 800% and it's causing some major financial losses for seasoned Wall Street investors. Vladimir Duthiers has the details. CBS News business analyst Jill Schlesinger also joins "CBS This Morning" to discuss.
GameStop stock soars with help from online traders
Individual investors, fueled by social media posts, bought up GameStop stock, artificially inflating the price. The move caused Wall Street firms to take a hit. Manuel Bojorquez has more.
GameStop 300% stock rise reveals Wall Street battle royale
Investors in popular Reddit group push retailer's stock and are accused of threatening those betting against it.
Reddit bans "The_Donald" forum, citing hate speech
The popular subreddit was shut down because it continuously violated its hate speech policy.
Reddit bans pro-Trump community "The Donald"
Reddit banned "The_Donald," a pro-Trump forum with over 790,000 users during a hate speech crackdown in which it took down several groups that it says violated the site's rules of conduct. The site says the group violated its policies by allowing people to target and harass others.
Reddit co-founder on plans to fight racism
Reddit co-founder Alexis Ohanian, who is married to tennis superstar Serena Williams, resigned from his company's board on Friday. He told "CBS This Morning" co-host Gayle King he did it because he wanted his 2-year-old daughter, Olympia, "to be proud of her father."
Alexis Ohanian on "education" from wife Serena Williams
Ohanian said he made the decision to resign from Reddit's Board of Directors for his and Williams' 2-year-old daughter
Alexis Ohanian resigns from Reddit board, donates $1M
"I'm saying this as a father who needs to be able to answer his black daughter when she asks, 'What did you do?'," the Reddit co-founder said.
Grumpy Cat dies at age 7
Grumpy Cat, the famous feline whose signature frown is used in memes everywhere, has died at the age of 7. The cat, whose real name is Tardar Sauce, became an internet sensation after her photo went viral on Reddit in 2012.
Alexis Ohanian on congressional tech hearings
Reddit co-founder and venture capitalist Alexis Ohanian says "we've waited too long" to have conversations about technology that's already used widely in our society. He spoke with CBSN about the upcoming congressional hearings that are meant to explore possible antitrust violations by Facebook, Google, Amazon, and Apple.
"Anonymous" answers questions on Reddit
The anonymous author who wrote a book and op-ed allegedly documenting the inner workings of the White House said Tuesday on Reddit that he or she plans to reveal their identity at some point. Anonymous -- who has so far been identified only as "a senior official in the Trump administration" -- pledged that "Donald Trump has not heard the last of me."
Dangers of the QAnon conspiracy theories
American conspiracy theories are entering a dangerous new phase, according to a new piece from The Atlantic. It delves into the dangers that could lie ahead if we dismiss conspiracy theories, like that of the pro-Trump QAnon. Adrienne LaFrance, executive editor of The Atlantic, wrote the story and joined CBSN to discuss.
Woman receives Secret Santa gifts from Bill Gates
Among the gifts she received was a donation to the American Heart Association in memory of her mother, who died earlier this year.
"Anonymous" op-ed author pledges to reveal identity
"As far as anonymity is concerned, I will not keep my identity shrouded in secrecy forever," the author wrote.
Blizzard bans video game star after he supports Hong Kong protests
U.S. video game maker seizes player's Hearthstone Grandmasters winnings, saying he broke the company's rules
Keanu Reeves keeps hands off women in photos
Fans on social media have crowned Reeves as "The Respectful King"
Alexis Ohanian's note to his younger self: "Trust your instincts"
Tech entrepreneur and Reddit co-founder looks back on his life, from losing his mom at a young age to building a family with Serena Williams
Why Alexis Ohanian wants nationwide family leave
The U.S. is the only developed nation without paid family leave. The co-founder of Reddit tells CBS News why he wants to change that.
Elderly man sends heartfelt thank-you note for VHS player
In the letter, the 86-year-old writes about seeing the tape of his wedding and "all the family and friends, many of which are no longer around"
Reddit raises $300 million in finance round led by China's Tencent
The investment, which values the social media service at $3 billion, comes as Reddit is blocked in China
Trump and Zelenskyy say they're nearly in agreement on Ukraine peace plan
President Trump met with Ukrainian President Volodymyr Zelenskyy after he said he had a "good and very productive" call with Russian President Vladimir Putin.
Exclusive
Bondi Beach shooting hero says he just wanted to save innocent people
Ahmed al Ahmed, the man hailed as a hero for disarming one of the gunmen behind a deadly antisemitic attack on Australia's Bondi Beach, says he just wanted to save innocent people.
China launches 2 days of live-fire military drills around Taiwan
China launched live-fire drills around Taiwan on Monday that it said would simulate a blockade of the self-ruled island's key ports, prompting Taipei to condemn Beijing's "military intimidation."
Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Brigitte Bardot, 1960s cinema icon and animal rights activist, dies at 91
At the height of a cinema career that spanned some 28 films and three marriages, Brigitte Bardot came to symbolize a nation bursting out of bourgeois respectability.
1 dead after 2 helicopters crash in Hammonton, N.J.
One person was killed and another was critically injured after a helicopter collision
Train accident in southern Mexico leaves at least 13 dead and dozens injured
Officials said a train accident in southern Mexico killed at least 13 people and injured dozens, halting traffic along a rail line connecting the Pacific Ocean with the Gulf of Mexico.
Gas line explosion shuts down major Southern California freeway
Several lanes of the 5 Freeway were closed and a shelter-in-place order was issued to residents in Castaic, California, after a gas line ruptured on Saturday.
Top news headlines of 2025 month-by-month
From political upheavals and gun violence, to the first American-born pope, "Sunday Morning" host Jane Pauley looks back at key events of a transformative year in U.S. history.
U.S.
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Full transcript of "Face the Nation with Margaret Brennan," Dec. 28, 2025
On this "Face the Nation with Margaret Brennan" broadcast, CBS News correspondents Major Garrett, Robert Costa, Jan Crawford, Jennifer Jacobs and Scott MacFarlane join Margaret Brennan.
South Korean mine could soon supply the U.S. with a critical mineral
The Sangdong mine contains millions of tons of tungsten, known as a war metal that can withstand extraordinary temperatures, something the U.S. desperately needs for defense.
"Hail and farewell": A tribute to those we lost in 2025
"Sunday Morning" looks back at some of the newsworthy men and women who passed away this year – from musicians and storytellers, to activists and statesmen – who touched us with their creativity and humanity.
Luke Burbank on making realistic New Year's resolutions
Forget about hitting the gym, or signing up for a foreign language app. Luke Burbank resolves to do far better with his New Year's resolutions in 2026 by committing to goals he can actually keep … probably.
The history of the New Year's Eve ball drop
Since 1907, New Yorkers have marked the New Year with the ceremonial dropping of a huge ball in Times Square. Now, a brand-new ball, covered with more than 5,000 handcrafted Waterford Crystal discs, will help ring in 2026.
MoneyWatch
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Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
U.S. stocks hover at record highs after the Christmas holiday
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Here's what is open on the day after Christmas, from retailers to banks
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
5 money moves to make in 2026, according to financial experts
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Politics
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Full transcript of "Face the Nation with Margaret Brennan," Dec. 28, 2025
On this "Face the Nation with Margaret Brennan" broadcast, CBS News correspondents Major Garrett, Robert Costa, Jan Crawford, Jennifer Jacobs and Scott MacFarlane join Margaret Brennan.
Trump and Zelenskyy say they're nearly in agreement on Ukraine peace plan
President Trump met with Ukrainian President Volodymyr Zelenskyy on Sunday after he said he had a "good and very productive" call with Russian President Vladimir Putin.
Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Transcript: Bank of America CEO Brian Moynihan on "Face the Nation with Margaret Brennan," Dec. 28, 2025
The following is the transcript of the interview with Bank of America Chairman and CEO Brian Moynihan that aired on "Face the Nation with Margaret Brennan" on Dec. 21, 2025. Editor's note: This interview was filmed on Dec. 17, 2025.
Trump calls for release of any Epstein files naming Democrats: "Embarrass them"
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.
HealthWatch
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HealthWatch
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
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.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
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.
Flu season is ramping up, and some experts are "pretty worried"
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.
World
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Train accident in southern Mexico leaves at least 13 dead and dozens injured
Officials said a train accident in southern Mexico killed at least 13 people and injured dozens, halting traffic along a rail line connecting the Pacific Ocean with the Gulf of Mexico.
China launches 2 days of live-fire military drills around Taiwan
China launched live-fire drills around Taiwan that it said would simulate a blockade of the self-ruled island's key ports, prompting Taipei to condemn Beijing's "military intimidation."
Exclusive
Bondi Beach shooting hero says he just wanted to save innocent people
Ahmed al Ahmed, the man hailed as a hero for disarming one of the gunmen behind a deadly antisemitic attack on Australia's Bondi Beach, says he just wanted to save innocent people.
Knife attack in Suriname kills at least 9 people, police say
The attack took place in Richelieu in the Commewijne district about 25 kilometers (15 miles) east of Paramaribo.
Transcript: Bank of America CEO Brian Moynihan on "Face the Nation with Margaret Brennan," Dec. 28, 2025
The following is the transcript of the interview with Bank of America Chairman and CEO Brian Moynihan that aired on "Face the Nation with Margaret Brennan" on Dec. 21, 2025. Editor's note: This interview was filmed on Dec. 17, 2025.
Entertainment
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Entertainment
Brigitte Bardot dies at 91
Actress Brigitte Bardot has died at the age of 91. Elizabeth Palmer looks back on her life.
MetroCard art: Swiping beauty from the mundane
On December 31, New York City will officially retire the transit system's MetroCard, that ubiquitous piece of plastic used to gain entrance onto subways and buses. But there is beauty in using MetroCards as the raw materials for art, as Thomas McKean has found in his collages and miniature sculptures depicting portraits of city life. Serena Altschul reports.
2025: The year's top books
"Sunday Morning" checks out the bestselling fiction and non-fiction of the past year.
2025: The year's top movies
"Sunday Morning" checks out the highest-grossing films of the past year.
2025: The year's top music
"Sunday Morning" checks out Spotify's top streaming hits of the past year.
Technology
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Technology
Instacart ending AI price tests for retailers
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.
Tech companies push for data centers
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.
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
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Major climate research center on Trump administration chopping block
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."
Researchers capture video of rare polar bear adoption
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.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Knife attack in Suriname kills at least 9 people, police say
The attack took place in Richelieu in the Commewijne district about 25 kilometers (15 miles) east of Paramaribo.
Man says wife was killed by pipe coming through car windshield
Todd Kendhammer said his wife Barbara was killed in a freak accident, but a Wisconsin jury didn't believe him. Can his new attorneys upend the case with what they say is critical new evidence?
Man charged with fatal shooting of woman during backyard target practice
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Dad uses cellphone data to rescue missing daughter, police say
After a teen didn't return from walking her dog, her dad used cellphone data to find her in a secluded area two miles away.
What's next on the Epstein files release?
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.
Space
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Space
NASA's search for next lunar rover
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.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
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.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Helicopters collide above New Jersey
One pilot is dead and another has life-threatening injuries after the helicopters they were operating collided in mid-air above New Jersey, about 35 miles southeast of Philadelphia. CBS Philadelphia's Ray Strickland has more.
Inside the comeback of California condors
More than a dozen California condors born in captivity are getting their first flights of freedom. Joy Benedict reports.
Bondi Beach hero speaks out
Ahmed al Ahmed, the man who disarmed one of the Bondi Beach gunmen, spoke with CBS News for an exclusive interview. Jericka Duncan reports.
Brigitte Bardot dies at 91
Actress Brigitte Bardot has died at the age of 91. Elizabeth Palmer looks back on her life.
Large gas leak north of Los Angeles
Utility crews in California are trying to determine the cause of a rupture in a massive natural gas line that forced a major interstate to shut down. Andres Gutierrez has more.