Stocks tumble as Wall Street nears longest losing streak in nearly 4 years
Stocks are heading for a fifth straight weekly loss as oil prices climb and mixed signals on Iran raise fears about inflation and growth.
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Stocks are heading for a fifth straight weekly loss as oil prices climb and mixed signals on Iran raise fears about inflation and growth.
Oil prices dropped with news of possible U.S.-Iran peace talks. Isabel Wang, a markets reporter for MarketWatch, joins with more.
The stock market is responding favorably after President Trump said Monday morning that he would postpone his ultimatum for Iran to reopen the Strait of Hormuz. Mr. Trump had previously threatened to "obliterate" Iran's power plants if the strait wasn't reopened by Monday evening. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss the markets.
The stock market responded negatively on Wednesday after the Federal Reserve left its benchmark interest rate unchanged for a second straight policy meeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
A drop in oil prices helped send the U.S. stock market to its best day since the start of the war in Iran on Monday. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
The stock market appears optimistic that the war in Iran will end soon and that oil prices will drop. Joy Wiltermuth, a reporter for MarketWatch, joins CBS News with more details.
The International Energy Agency agreed Wednesday to release 400 million barrels of oil from its strategic reserves to alleviate the shortage caused by the Strait of Hormuz shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
The pressure to reopen the Strait of Hormuz is intensifying, along with the rhetoric around it from the U.S. and Iran. Matt Smith, an analyst at the data firm Kpler, joins to discuss.
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
Gas prices rose 14% during the first week of the joint U.S.-Israel war with Iran, according to AAA. CBS News contributor J.D. Durkin joins from the New York Stock Exchange with analysis.
Stock markets plunged on Monday as the price of oil hit more than $100 per barrel for the first time since July 2022. Noam Raydan, a senior fellow at the Washington Institute for Near East Policy, joins with more.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
The stock market is in the red as unexpected news about the jobs market emerges. Harriet Torry, an economics correspondent for The Wall Street Journal, joins CBS News with more.
The Dow Jones closed on Thursday down nearly 800 points as surging oil prices stoke investor fears about the economic impact of the war with Iran. CBS News' Kelly O'Grady has more on what was driving the market.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Oil prices continue to climb and U.S. stock markets remain uneasy amid the war with Iran. CBS News' Kelly O'Grady has the details.
President Trump on Tuesday said he ordered political risk insurance for the financial security of all maritime trade traveling through the Gulf. CBS News' Kelly O'Grady has more.
Airline stocks were among Monday's biggest losers, and their declines are poised to continue on Tuesday, data shows.
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
Stocks fell Friday after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
Stocks slumped amid investor fear of AI disruption and uncertainty surrounding President Trump's new tariffs.
Investors are dumping some stocks in sectors that may be impacted as more artificial intelligence products emerge. Ines Ferré, a senior business reporter at Yahoo Finance, joins CBS News with more.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Stocks jumped on Wednesday after President Trump said he reached a framework for a deal on Greenland and backed off his tariff threat against European allies. CBS News senior business and technology correspondent Jo Ling Kent reports.
As Trump again postpones his ultimatum to Iran and claims talks are "going very well," Tehran says he's lying and blocks 3 ships in the Strait of Hormuz.
The pressure now shifts to the House to end the Department of Homeland Security shutdown that has severely disrupted air travel in some major airports. Follow live updates.
The full committee will recommend sanctions for Rep. Sheila Cherfilus-McCormick, a Florida Democrat, after the House's April recess.
The Iranian response to the U.S.' 15-point peace proposal is expected on Friday, multiple sources familiar with the matter told CBS News.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
The FBI executed a search warrant last month at a Fulton County elections office, seeking to take "all physical ballots" from the 2020 vote as well as tapes from vote-tabulating machines, ballot images and voter rolls.
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Stocks are heading for a fifth straight weekly loss as oil prices climb and mixed signals on Iran raise fears about inflation and growth.
Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
Stocks are heading for a fifth straight weekly loss as oil prices climb and mixed signals on Iran raise fears about inflation and growth.
Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
The Iranian response to the U.S.' 15-point peace proposal is expected on Friday, multiple sources familiar with the matter told CBS News.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
The full committee will recommend sanctions for Rep. Sheila Cherfilus-McCormick, a Florida Democrat, after the House's April recess.
The Justice Department has made public millions of pages from its investigation into convicted sex offender Jeffrey Epstein.
The pressure now shifts to the House to end the Department of Homeland Security shutdown that has severely disrupted air travel in some major airports. Follow live updates.
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.
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The Iranian response to the U.S.' 15-point peace proposal is expected on Friday, multiple sources familiar with the matter told CBS News.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
Matvei Rumiantsev was sentenced for the attack which was witnessed on a video call by President Trump's youngest son.
The Trump administration expects Iran's formal response to its 15-point peace proposal today, as Tehran continues blocking the Strait of Hormuz.
Police said they found two bodies a day after stopping Cedric Prizzon in a car with his two children.
Rockstar Billy Idol spoke to Anthony Mason about how he broke into music, why he says he's lucky to be alive and what it's like to be a grandparent.
The finale of the FX series "Love Story" aired Thursday and has captivated audiences as it follows the romance between John F. Kennedy. Jr. and Carolyn Bessette Kennedy. The limited series focuses on well-documented moments in the couple's lives, but fills in the rest with fiction. It has also received some backlash. Adriana Diaz reports.
Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
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A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
As AI use rises, many see it decreasing the number of jobs available.
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.
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
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.
A federal judge ruled against former Venezuelan President Nicolás Maduro's request to have charges against him dismissed. CBS News' Lilia Luciano reports.
On Aug. 23, 1990, Cheryl Henry, 22, and her boyfriend Andy Atkinson, 21, were found dead in what has been called the "Lover's Lane Murders."
A Utah woman is facing criminal charges for allegedly kidnapping a boy she claims bullied her child. CBS News' Matt Gutman reports.
Matvei Rumiantsev was sentenced for the attack which was witnessed on a video call by President Trump's youngest son.
A federal judge rejected former Venezuelan President Nicolás Maduro's request to dismiss charges against him. CBS News' Katrina Kaufman breaks down the key takeaways from the court hearing on Thursday.
The comet originated in the outer solar system and visits the inner solar system every 5.4 years.
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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.
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A mother and daughter in Kentucky rejected a $26 million offer for their farmland that would have been used to develop an AI data center. CBS News' Jared Ochacher reports.
Imagine, in the 21st century, discovering a marvel on par with Mount Everest or the Grand Canyon. It happened. This Sunday, 60 Minutes takes you inside the world's largest cave passage, which was discovered in Vietnam in 2009. Sunday.
Iran is expected to respond through mediators to a U.S. peace proposal, sources tell CBS News. Natalie Brand has more.
A federal judge ruled against former Venezuelan President Nicolás Maduro's request to have charges against him dismissed. CBS News' Lilia Luciano reports.
President Trump said he could consider suspending the federal gas tax as the conflict in the Middle East continues. Barron's reporter Jacob Sonenshine joins CBS News with more.