Dow plunges more than 1,000 points amid U.S. recession fears
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
S&P 500
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.
Here's what Americans think is the best long-term investment
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
Why are gold prices suddenly rising?
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.
S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Just 7 companies drove S&P 500's 2023 growth
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.
Dow hits record high as investors cheer Fed outlook on interest rates
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Dow jumps 520 points as investors cheer inflation slowdown
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Stocks close strong as debt talks improve
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 close higher ahead of Fed decision
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.
S&P Dow Jones booting all Russia stocks from its indices
The index giant also said it is stripping Russia of its "emerging market" designation given the "deterioration" in its markets.
Markets soar on Pfizer vaccine, election news
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.
Stocks plummet again as coronavirus fears intensify
Asian shares plunge and Dow and S&P futures tumble as markets' wild ride continues
S&P 500 approaching record high as stocks jump on strong earnings
Investors are cheered by strong earnings reports as well as signals that the economy remains strong
What's behind recent stock market volatility
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.
What's behind bull market milestone
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.
S&P says Venezuela has defaulted on its debt
The credit agency downgraded the country's sovereign debt to "selective default," which means it decided to skip a bond payment
Is Obamacare set for a healthy turnaround?
While warning that politics could alter the equation, a credit ratings agency says 2017's price hikes are a "one-time" issue
Stung by low oil prices, Exxon's credit rating is lowered
S&P lowered oil giant's rating one notch to "AA+" because of slumping oil prices and the large dividend the company pays
Japan's woes earn a credit rating downgrade
Saying Abenomics isn't likely to result in a needed economic revival, S&P dropped the country's rating to A+ from AA-
Jill Wagner reports on the day's top financial stories
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.
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.
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.
Jill Wagner reports on the day's top financial headlines
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.
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.
Exclusive
U.S. border agents told to summarily deport migrants without asylum hearings
U.S. border agents have been instructed to summarily deport migrants crossing into the country illegally without allowing them to request legal protection.
Trump continues wave of executive orders and actions
Many of the steps taken by President Trump as he starts his second term are proving highly controversial.
live updates
Another L.A. fire forces evacuations as officials warn of windy conditions
The Palisades and Eaton wildfires continue burning in the Los Angeles area that left parts of Southern California with devastating fire damage.
Teen shooter kills student, then himself at Nashville high school
Police responded to a shooting at Antioch High School in Nashville, Tennessee. Police told CBS News the shooting happened in the school cafeteria.
House approves Laken Riley Act, sending first bill to Trump's desk
The legislation expands the federal government's mandate to detain undocumented immigrants.
Meta says it didn't force users to follow Trump on Facebook and Instagram
The company also said it was working to resolve an issue where some words, including "Democrats" and "Republican," were blocked from Instagram search.
Trump administration weighs sending 10,000 troops to U.S.-Mexico border
Trump administration officials are considering deploying as many as 10,000 soldiers to the border and using military bases to hold migrants awaiting deportation.
Judges lambast Trump's pardons and dismissal of Jan. 6 cases
Federal prosecutors have asked federal judges in Washington to dismiss pending indictments against defendants charged as a result of conduct on Jan. 6, 2021.
Arab American voters helped Trump win Michigan. What will his presidency bring?
President Trump came to the city of Dearborn looking for votes. He won the city and took Michigan in a startling reversal for Democrats.
U.S.
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4 San Antonio police officers shot, wounded by barricaded suspect, officials say
The four officers were hospitalized with what were believed to be non-life-threatening injuries, the San Antonio police chief said.
Trump selects Sean Curran to lead Secret Service
Sean Curran previously served as the special agent in charge of President Trump's security detail and sprung to cover him on stage during the assassination attempt at a rally in Butler, Pennsylvania.
Meta says it didn't force users to follow Trump on Facebook and Instagram
The company also said it was working to resolve an issue where some words, including "Democrats" and "Republican," were blocked from Instagram search.
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.
Seat switching, oversold tickets cause drama at pre-inauguration Trump dinner
"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.
MoneyWatch
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Commerce nominee Howard Lutnick to divest, step down as CEO of Cantor Fitzgerald
Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.
63,000 Jeeps recalled over potential loss of power and parking function
Stellantis warns that a poorly fitted part in some Jeep Cherokees could cause the vehicles to lose power, increasing the risk of crash.
Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
JetBlue now accepts Venmo payments to book flights, an airline first
Venmo payment options are available on JetBlue website, and will roll out on carrier's mobile app in coming months.
Politics
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Arab American voters helped Trump win Michigan. What will his presidency bring?
President Trump came to the city of Dearborn looking for votes. He won the city and took Michigan in a startling reversal for Democrats.
Trump selects Sean Curran to lead Secret Service
Sean Curran previously served as the special agent in charge of President Trump's security detail and sprung to cover him on stage during the assassination attempt at a rally in Butler, Pennsylvania.
Commerce nominee Howard Lutnick to divest, step down as CEO of Cantor Fitzgerald
Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.
Who is in charge of the CDC right now? Nobody knows for sure
A number of other health agencies are also operating without acting heads, including the FDA and the National Institutes of Health.
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.
HealthWatch
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Who is in charge of the CDC right now? Nobody knows for sure
A number of other health agencies are also operating without acting heads, including the FDA and the National Institutes of Health.
More than a dozen cats dead or sickened by bird flu in raw pet food, FDA says
The sick or dead cats include domestic, exotic and sanctuary cats. The FDA is investigating.
Trump moves to withdraw U.S. from the World Health Organization
President Trump signed an executive order on the first day of his second term, beginning the process of withdrawing the U.S. from the World Health Organization.
Use of "aphrodisiac honey" is surging, customs officials warn
A record amount of illegally imported honey touted as a sexual enhancement — but often tainted with erectile dysfunction drugs — was seized in France last year.
Bird flu detected in commercial poultry flock in Georgia, officials say
Bird flu has been detected in a commercial poultry flock in Georgia for the first time since the current outbreak began in 2022, officials say.
World
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12 killed in India while fleeing train after rumored fire
The Pushpak Express train had stopped after some passengers pulled an emergency chain following panic over sparks inside one of the coaches.
Sunfish that got sick recovers — thanks to human cutouts
A popular sunfish in Japan lost its appetite and banged on the side of its tank after the aquarium it lived in closed for renovations.
Record haul of cocaine linked to notorious cartel seized in Toronto
Toronto police have seized over 835 kilograms of cocaine that is alleged to have ties to the Jalisco New Generation cartel.
Russian spy ship tracked off U.K. as defense official warns Putin
A Royal Navy submarine was authorized to surface close to a Russian ship "strictly as a deterrent measure," British Defense Secretary John Healey said.
Man admits to murders in crossbow attack on BBC presenter's family
A 26-year-old man has pleaded guilty to murdering 2 daughters and the wife of BBC broadcaster John Hunt in a knife and crossbow attack at their home.
Entertainment
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Jennifer Lopez, Lily Gladstone among stars of Sundance 2025
The 41st edition of the Sundance Film Festival returns to Park City and Salt Lake City in Utah, with world premiere documentaries and narrative films, presented in-person and streaming online.
Morris Chestnut on blending medical mysteries with crime-solving in "Watson"
Morris Chestnut stars as Dr. John Watson in CBS's new show "Watson," a medical detective series where Watson tackles mysteries on his own after Sherlock Holmes' death.
"Hot Bench" cast marks milestone
After over a decade on air, "Hot Bench" celebrates its 2,000th episode, making history as the number one syndicated court show in original production. Judges Rachel Juarez, Yodit Tewolde and Michael Corriero join us to reflect on the show's success and the many cases it has presided over.
Trevor Noah returns as Grammy Awards host
Trevor Noah is set to host the 67th Annual Grammy Awards for the fifth straight year. The former "Daily Show" host shares the excitement and pressure of the live gig as he prepares for the big night, airing on Feb. 2 on CBS and streaming on Paramount+.
Morris Chestnut on "Watson"
In the CBS show "Watson," Morris Chestnut takes on the role of Dr. John Watson, who, after the death of Sherlock Holmes, resumes his medical career while solving mysteries on his own. He joins "CBS Mornings."
Technology
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Technology
New York proposes ban for phones in school
New York could soon join a growing list of states limiting cell phones in schools. If approved, the restrictions would go into effect at the start of next school year. CBS News correspondent Meg Oliver reports.
Why some users are suddenly following Trump
Some social media users have been questioning why it appears they are suddenly following President Trump on platforms like Facebook or Instagram. This and other questions and conspiracy theories have been flooding the internet in recent days. CBS News confirmed executive editor Rhonna Tarrant breaks them down.
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.
Meta says it didn't force users to follow Trump on Facebook and Instagram
The company also said it was working to resolve an issue where some words, including "Democrats" and "Republican," were blocked from Instagram search.
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.
Science
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Climate scientist: "There's no place that's safe"
Experts discuss the increased intensity we can expect from destructive weather events due to climate change, while an amateur meteorologist explains how he helped sound the alarm as wildfires spread towards the L.A. County community of Altadena.
Scientists make "jaw-dropping" discovery about Iron Age women in U.K.
Scientists analyzing 2,000-year-old DNA have revealed that a Celtic society in the southern U.K. during the Iron Age was centered around women, a study said.
SpaceX pushes Starship test flight back one day due to weather
If the weather cooperates, the Starship launch will follow the maiden flight of Jeff Bezos' already weather-delayed New Glenn rocket.
What to know about the pink fire retardant being dropped on L.A. wildfires
Aircraft battling fires raging through the Los Angeles area are dropping hundreds of thousands of gallons of hot-pink fire suppressant in a desperate effort to stop the flames.
When will cicadas come back in 2025?
Brood XIV, the second-largest group of periodical cicadas, known for their noisy mass emergence from the ground, will arrive this spring.
Crime
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Crime
Girl killed in Nashville high school shooting
One student was killed and a second was wounded Wednesday when a fellow 17-year-old student opened fire in the cafeteria of Antioch High School in Nashville, Tennessee, according to authorities. The shooter died of a self-inflicted gunshot wound, police said. Janet Shamlian has the latest.
Enrique Tarrio arrives in Miami
Enrique Tarrio, one of the men pardoned by President Trump in connection to the Jan. 6, 2021, Capitol attack, has arrived in Miami after leaving a federal prison in Texas. CBS News' Manuel Bojorquez reports.
Latest news on Antioch school shooting
A local official confirmed two Antioch High School female students were shot by a 17-year-old male student who died from a self-inflicted gunshot wound. One of the victims has died. CBS News' Anna Schecter breaks down what's known about the school shooting near Nashville, Tennessee.
Antioch school shooting in Tennessee
At least two students were shot at Antioch High School outside Nashville, Tennessee, police said. CBS News affiliate WTVF has the latest confirmed information.
Enrique Tarrio on status with Proud Boys
Enrique Tarrio, one of the people pardoned by President Trump in connection to the Jan. 6, 2021, Capitol attack, tells CBS News' Jason Allen that the media should not call him "ex-Proud Boys leader," although he clarified the organization has chosen not to be public about the organization's structure.
Space
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FAA orders investigation into SpaceX Starship failure
A fire in the aft section of SpaceX's Starship trigged the apparent explosion that destroyed the spacecraft, the company says.
What's next for SpaceX?
SpaceX completed its seventh launch of the Starship rocket, Jeff Bezos' Blue Origin launched its New Glenn rocket into orbit and a NASA astronaut stuck in space went on her first spacewalk in seven months. CBS News space consultant Bill Harwood breaks down the latest stories.
SpaceX's Starship spacecraft destroyed in mega rocket launch
Telemetry from the Starship froze just more than 8 minutes after launch from Texas, moments after engines began shutting down.
Details on Blue Origin launch of Glenn rocket
Blue Origin's New Glenn rocket was launched Thursday morning in Florida following a three-day delay. Derrick Pitts, chief astronomer from the Franklin Institute, joined CBS News to discuss the launch.
Blue Origin launches New Glenn rocket
Blue Origin launched its New Glenn rocket early Thursday, sending a test satellite into orbit. The mission wasn't a complete success though, as the booster crashed while trying to land on a platform in the Atlantic Ocean.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Officials give update on Hughes Fire
Officials held a press conference Wednesday after a new wildfire broke out in northern Los Angeles County earlier in the day. The Hughes Fire has burned over 9,000 acres in L.A. and Ventura counties, forcing tens of thousands of evacuations.
New York proposes ban for phones in school
New York could soon join a growing list of states limiting cell phones in schools. If approved, the restrictions would go into effect at the start of next school year. CBS News correspondent Meg Oliver reports.
What to know about the new bird flu study
As concerns about bird flu rise in the U.S., a new study is warning about the virus' ability to mutate in humans. Dr. Amish Adalja, an infectious disease physician, joins "The Daily Report" to discuss the study and how concerned people should be about the disease.
Trump fires 1st woman Coast Guard chief
The Trump administration fired U.S. Coast Guard Commandment Admiral Linda Fagan on Tuesday. Former President Joe Biden nominated Fagan for the role in 2022, making her the first woman to lead a branch of the U.S. military. CBS News senior national security correspondent Charlie D'Agata has more.
Prince Harry settles with British tabloids
Prince Harry has settled a long-running libel suit against British tabloids owned by media mogul and Fox News owner Rupert Murdoch. In a rare move, his company admitted that the way it pursued scoops about Harry and his mother, Princess Diana, was wrong. CBS News correspondent Imtiaz Tyab has more.