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Dow closes above 40,000 for first time, notching new milestone
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
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Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Wall Street ended 2023 on a high note, and a group of companies known as the "Magnificent Seven" dominated. David Kass, professor of finance at the University of Maryland, joins CBS News to discuss if the outsized success of so few companies poses a risk to the economy.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
The Dow Jones, the S&P 500 and the Nasdaq closed in the green Friday, as investors reacted to negotiators making progress in the debt ceiling standoff. Javier David, Axios managing editor for business and markets, and J.D. Durkin, host of TheStreet, joined CBS to explain what the numbers mean for investors and the economy.
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
The index giant also said it is stripping Russia of its "emerging market" designation given the "deterioration" in its markets.
Stock markets got a shot in the arm after promising news of a vaccine and election results were announced. CBS News business analyst Jill Schlesinger explains the factors behind the market surge.
Asian shares plunge and Dow and S&P futures tumble as markets' wild ride continues
Investors are cheered by strong earnings reports as well as signals that the economy remains strong
Stocks finished a wild week mostly down on Friday. The Dow Jones and S&P both ended up losing ground while the Nasdaq made modest gains. With one trading day left in 2018, it's looking like all three major indexes will finish the year as much as seven percent lower than where they began. Yahoo Finance’s editor-at-large, Brian Sozzi, joins “CBS This Morning: Saturday” to discuss what’s behind the volatility.
The stock market Wednesday could achieve its longest stretch of growth since March 2000. We're experiencing a bull market, which happens when the stock market grows a continuous rate without a dip of 20 percent. The S&P 500 reached an all-time high Tuesday, closing at more than 2,862 points. CBS News financial contributor Mellody Hobson joins "CBS This Morning" to break down what's behind the bull market and its limitations.
The credit agency downgraded the country's sovereign debt to "selective default," which means it decided to skip a bond payment
While warning that politics could alter the equation, a credit ratings agency says 2017's price hikes are a "one-time" issue
S&P lowered oil giant's rating one notch to "AA+" because of slumping oil prices and the large dividend the company pays
Saying Abenomics isn't likely to result in a needed economic revival, S&P dropped the country's rating to A+ from AA-
CBS News confirms federal investigators are looking into a potential safety defect in some airbags in more one million vehicles, Starbucks is rolling out a wireless phone charging program -- and more. Jill Wagner reports on the day's top financial stories.
Some big changes to United Airlines' frequent flyer program, P.F. Chang's restaurant chain is investigating a possible customer data breach -- and more. Jill Wagner reports on the day's top financial stories.
The cost of a cup of coffee keeps going up, President Obama expands a program to help students paying back federal college loans -- and more. Jill Wagner reports on the day's top financial stories.
Seattle, Wash., is about to have the highest minimum wage in the nation, Apple introduces new features for their popular devices -- and more . Jill Wagner reports on the day's top financial headlines.
President Obama is expected to take historic steps to fight climate change, Apple is promising their best product lineup in 25 years will be unveiled at their annual Worldwide Developers Conference and more. Jill Wagner reports on the day's top financial headlines.
Analysts predict the rally will continue into 2014
The FBI's statement came after its director testified that there was still "some question" about what grazed former President Donald Trump's right ear.
Paris kicked off its first Summer Olympics in a century with a rain-soaked opening ceremony studded with stars and fantasy along the Seine River.
A Cal Fire official said the blaze was spreading at a rate of 4,000 to 5,000 acres per hour.
Sean Grayson, the now-fired Illinois sheriff's deputy charged with killing 36-year-old Sonya Massey in her own home, had a disciplinary file that included accusations of bullying and abuse of power, records obtained by CBS News show.
Republican presidential nominee Donald Trump met with Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago resort in Florida.
Former President Donald Trump says he is returning to Butler County for a rally after he survived an assassination attempt earlier this month.
One of El Chapo's sons duped Ismael "El Mayo" Zambada into boarding a plane on Thursday, telling him they were going to look at property in Mexico, a person familiar with the investigation confirmed to CBS News.
Celine Dion, nearly two years after revealing her stiff-person syndrome diagnosis, belted Edith Piaf's "Hymne à l'amour" as the finale of the four-hour opening ceremony.
Former FBI special agent Peter Strzok reached a $1.2 million settlement with DOJ over claims that it violated his privacy in releasing text messages with another former employee regarding Donald Trump.
Former FBI special agent Peter Strzok reached a $1.2 million settlement with DOJ over claims that it violated his privacy in releasing text messages with another former employee regarding Donald Trump.
The single-engine tanker was located in steep, forested terrain Friday morning after it went missing Thursday.
One of El Chapo's sons duped Ismael "El Mayo" Zambada into boarding a plane on Thursday, telling him they were going to look at property in Mexico, a person familiar with the investigation confirmed to CBS News.
Half of all U.S. states have at least one city where a relatively modest residence costs $1 million, according to a new analysis.
Sean Grayson, the now-fired Illinois sheriff's deputy charged with killing 36-year-old Sonya Massey in her own home, had a disciplinary file that included accusations of bullying and abuse of power, records obtained by CBS News show.
Half of all U.S. states have at least one city where a relatively modest residence costs $1 million, according to a new analysis.
Multimillionaires are much happier than the merely well off, suggesting life satisfaction continues to improve the wealthier you are.
"Inside the NBA" host Charles Barkley is decrying the NBA's new broadcast pact, saying Warner Bros. Discovery's TNT "never had a chance."
Amid a widening listeria outbreak, Boar's Head is recalling all of its liverwurst products sold nationwide, as well as some deli meats.
Physical performances by actors are being treated as "data," said SAG-AFTRA Chief Contracts Officer Ray Rodriguez said at a news conference.
Former FBI special agent Peter Strzok reached a $1.2 million settlement with DOJ over claims that it violated his privacy in releasing text messages with another former employee regarding Donald Trump.
The FBI's statement came after its director testified that there was still "some question" about what grazed former President Donald Trump's right ear.
"People are focusing so much on the sarcasm and not on the substance of what I actually said," Vance said Friday.
Some Republican lawmakers have called Harris a "DEI hire," a reference to diversity, equity and inclusion efforts.
Republican presidential nominee Donald Trump met with Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago resort in Florida.
Amid a widening listeria outbreak, Boar's Head is recalling all of its liverwurst products sold nationwide, as well as some deli meats.
There may be new hope against dementia after recent research that found the latest shingles vaccine appears to delay the onset of the memory-impairing condition.
The Olympic village beds are "rock solid," according to some athletes on social media. Oh, and there's no AC. A sleep expert explains how these conditions could impact performance.
Prompted by a near-drowning experience as a child, Olympic swimmer Cullen Jones is now a swim lesson advocate. Here are his top tips to stay safe.
COVID is spiking across the country, but why? CBS News medical contributor Dr. Céline Gounder explains why July is seeing increased cases.
Celine Dion, nearly two years after revealing her stiff-person syndrome diagnosis, belted Edith Piaf's "Hymne à l'amour" as the finale of the four-hour opening ceremony.
One of El Chapo's sons duped Ismael "El Mayo" Zambada into boarding a plane on Thursday, telling him they were going to look at property in Mexico, a person familiar with the investigation confirmed to CBS News.
Viewers can see each country's 2024 Olympic outfits during the Paris Games opening ceremony.
Athletes from Russia and Belarus have been banned from competing as countries in the 2024 Paris Olympics. Instead, their athletes will compete as neutral individuals, referred to as "AIN."
The ambitious opening ceremony of the Summer Games kicked off with a giant plume of blue, white and red smoke in the colors of the French national flag with the 2024 Parade of Nations from the Austerlitz Bridge.
In a statement provided to CBS New York, Justin Timberlake's attorney claimed police made "a number of very significant errors in this case" and "we are confident that this charge will be dismissed."
Physical performances by actors are being treated as "data," said SAG-AFTRA Chief Contracts Officer Ray Rodriguez said at a news conference.
"Mr. Vance, I pray that your daughter is fortunate enough to bear children of her own one day," Jennifer Aniston said.
Hundreds of the nation's top athletes will represent Team USA in Paris at the 2024 Olympics.
Displaying not a shred of anxiety, Pixar's "Inside Out 2" has rung up $1.4 billion at the box office since its June release.
One week after the global computer outage, Windows systems are nearly fully operational, according to CrowdStrike.
Rep. Jennifer Wexton of Virginia delivered what is believed to be the first speech ever from the House floor using artificial intelligence voice technology. Wexton was diagnosed last year with a rare neurological disorder that robbed her of her ability to speak clearly.
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.
Social media giant Meta is issuing a warning over the increasing number of sextortion scams where fake profiles are used to get people to send nude photographs and then threaten to release them unless victims pay up. On Wednesday, Meta said it has removed 6,300 Instagram accounts of scammers in Nigeria who frequently target adult men in the U.S.
A tech selloff caused the Nasdaq and S&P 500 to have their worst days since 2022. Here's why tech stocks are fading.
In Canada, a fast-moving fire has ravaged the resort town of Jasper, Alberta. In Northern California, fires have burned 164,000 acres of land. CBS News Sacramento reporter Kayla Moeller joins from Chico, California, with more on the wildfires.
Scientists say a common painkiller used on cattle wiped out India's vultures, resulting in half a million human deaths in just 5 years.
Wildfires are spreading across the western U.S. and Canada. In Northern California, the Park Fire has burned over 71,000 acres, and officials have arrested a 42-year-old man on suspicion of arson for starting the fire. CBS News national correspondent Jonathan Vigliotti has the latest.
The discovery includes "thousands of marble slabs" in "hundreds of different shapes" found in a submerged ancient city.
Multiple wildfires on the West Coast and in Canada have forced thousands of people to evacuate. Crews are fighting flames in California, Oregon, Utah and Idaho. CBS News national correspondent Jonathan Vigliotti reports.
CBS News has learned that the sheriff's deputy charged with murder in the shooting of Sonya Massey worked for six different law enforcement agencies in four years. He was also discharged from the Army in 2016 for misconduct after receiving a DUI. Roxana Saberi reports.
Two leaders of the notorious Sinaloa cartel, including one of the sons of the imprisoned drug lord "El Chapo," Joaquín Guzmán López, were apprehended Thursday in Texas. Ismael "El Mayo" Zambada, a cofounder of Sinaloa, was lured to Texas by López, according to sources. Manuel Bojorquez has details.
The FBI arrested the leader of Mexico's notorious Sinaloa cartel and a son of Joaquin "El Chapo" Guzman near El Paso on Thursday. CBS News national correspondent Manuel Bojorquez is in Irving, Texas, with more details.
An autopsy report released Friday confirms Sonya Massey, the Illinois woman who was fatally shot inside her home earlier this month by a sheriff's deputy, died from a gunshot wound to the head. CBS News correspondent Roxana Saberi has the latest from Chicago.
One of El Chapo's sons duped Ismael "El Mayo" Zambada into boarding a plane on Thursday, telling him they were going to look at property in Mexico, a person familiar with the investigation confirmed to CBS News.
Engineers say they're still troubleshooting issues discovered aboard the Boeing Starliner spacecraft that took NASA astronauts Butch Wilmore and Suni Williams into space. They were originally supposed to spend eight days aboard the International Space Station. They've now been up there for almost eight weeks.
NASA and Boeing managers are increasingly confident the Starliner capsule is good to go for re-entry and landing.
The Chandra X-ray observatory was launched on July 23, 1999.
The cosmos is providing a full moon for the 55th anniversary of the first lunar landing this weekend, and plenty of other events honor Neil Armstrong and Buzz Aldrin's giant leap.
This weekend marks 55 years since the historic Apollo 11 moon landing. Retired NASA astronaut Leroy Chiao joins CBS News to look back on the small step for man and giant leap for mankind.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
During a 2019 classical music concert at Symphony Hall in Boston, a 9-year-old boy shouted "wow" at the conclusion of Mozart's Masonic Funeral Music. Five years later, his response still resonates. Steve Hartman has more.
Hours before the opening ceremony of the Paris Olympics, France's train network was hit by several coordinated arson attacks, causing widespread disruption. Officials said fires were set at critical spots in an attempt to cut off routes into Paris. Jamie Yuccas reports.
In an interview with CBS News' Major Garrett, independent presidential candidate Robert F. Kennedy Jr. claimed that President Biden "tarred" his "reputation and that career over the past year by refusing to let go of power." He also addressed his meeting with former President Donald Trump at the Republican National Convention.
CBS News has learned that the sheriff's deputy charged with murder in the shooting of Sonya Massey worked for six different law enforcement agencies in four years. He was also discharged from the Army in 2016 for misconduct after receiving a DUI. Roxana Saberi reports.
Two leaders of the notorious Sinaloa cartel, including one of the sons of the imprisoned drug lord "El Chapo," Joaquín Guzmán López, were apprehended Thursday in Texas. Ismael "El Mayo" Zambada, a cofounder of Sinaloa, was lured to Texas by López, according to sources. Manuel Bojorquez has details.