Economic breakdown as stock market surges
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down how the economy is performing as stocks surge and what you should do if you're looking to invest.
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CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down how the economy is performing as stocks surge and what you should do if you're looking to invest.
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
Patrick McGee, a contributing writer for The Free Press, joins CBS News 24/7 to discuss his latest column about how Intel's semiconductor chips could be the key to bolstering the U.S. economy. Paramount Skydance owns The Free Press and CBS News.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The digital investing platform Robinhood is now allowing AI agents to trade stocks and make credit card purchases for users. Yahoo Finance senior reporter Brooke DiPalma joins with the details.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
Oil prices were also mixed after U.S. strikes on Iranian forces, underscoring the risks still hanging over markets and consumers.
Most retail stores will be open for business on Memorial Day, while post offices will be closed. Here's what to know.
Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does?
Many struggling American farmers had big hopes for President Trump's China summit. But many were still left with questions. Lana Zak reports.
Despite the ongoing war in Iran and high gas prices, stocks started trading higher on Monday. The S&P 500 and Nasdaq both hit record highs, bolstered by the tech sector. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
President Trump on Wednesday spoke to reporters about the prospects of a final deal with Iran, saying U.S. officials have had "very good talks over the last 24 hours."
Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
As the stock market moves in unpredictable directions, more Americans are turning to apps that automatically copy the trades of high-profile investors rather than making their own investment decisions. CBS News consumer reporter Evyn Moon explains the pros and potential cons of the growing "copycat investing" trend.
President Trump accused Iran of blackmailing the U.S. on Saturday, but there is some relief for Americans. Gas prices fell, averaging just over $4 a gallon nationwide. Olivia Rinaldi reports from the White House on the war's ripple effects.
President Trump and Iran proclaimed on Friday that the Strait of Hormuz is open. Political strategists Hannah Muldavin and Kevin Sheridan join "The Takeout" with analysis.
With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O'Grady breaks it all down.
The announcements from President Trump and Iran that the Strait of Hormuz is open sent oil prices plunging and stocks soaring on Friday. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stocks on Wall Street rose to new heights on Thursday, adding to the record gains seen on Wednesday. It came as investors expressed optimism that a resolution to the war with Iran could be reached quickly. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Investors appear to be looking beyond current fears linked to the Iran war. CBS News' Jill Schlesinger reports.
The S&P 500 and Nasdaq hit record highs on Wednesday despite the economic uncertainty caused by the Iran war. CBS News business analyst Jill Schlesinger explains what's driving the upward trend.
Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.
Stocks jumped and oil prices fell on Wednesday following President Trump's announcement of a two-week ceasefire in the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more.
Wall Street appeared optimistic on Wednesday about the ceasefire with Iran, but the situation is delicate. Kelly O'Grady has more.
The Dow surged more than 1,000 points on Wednesday after President Trump backed off his threat to attack Iran and agreed to a two-week ceasefire. Robert Armstrong, U.S. financial commentator for the Financial Times, previously coined the phrase "TACO trade," with TACO standing for "Trump always chickens out," to encapsulate how investors buy low and sell high as markets react to the president's threats and eventual lack of action. Armstrong joined CBS News to discuss.
The cause of an Apache helicopter crash near the Strait of Hormuz that led to the U.S. military's first-ever sea drone rescue is under investigation.
The House will be voting on Republicans' $70 billion bill to fund immigration enforcement agencies for the rest of the Trump administration.
Trump voices optimism for a "very good deal" with Iran in just a few days, as a tense truce between Israel and Iran appears to hold.
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
Maine Democrat Graham Platner is seeking to make the nomination official to take on Republican Sen. Susan Collins in November.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
Stellantis is recalling almost 1.08 million Jeep Wranglers and Gladiators in the U.S. that could catch fire even when they're parked and turned off, federal regulators say.
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
The House will be voting on Republicans' $70 billion bill to fund immigration enforcement agencies for the rest of the Trump administration.
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
"The people are there to see these two teams play," Bill Bradley said of President Trump's plan to attend Game 3 of the NBA Finals on Monday night.
Going public will allow OpenAI, valued at $852 billion, to inject more cash into its business as the AI race quickens.
The Pentagon has added several prominent Chinese businesses, including tech giant Alibaba, to its list of Chinese military companies, keeping them from getting U.S. defense contracts.
Stellantis is recalling almost 1.08 million Jeep Wranglers and Gladiators in the U.S. that could catch fire even when they're parked and turned off, federal regulators say.
Going public will allow OpenAI, valued at $852 billion, to inject more cash into its business as the AI race quickens.
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
The House will be voting on Republicans' $70 billion bill to fund immigration enforcement agencies for the rest of the Trump administration.
The Pentagon has added several prominent Chinese businesses, including tech giant Alibaba, to its list of Chinese military companies, keeping them from getting U.S. defense contracts.
Maine Democrat Graham Platner is seeking to make the nomination official to take on Republican Sen. Susan Collins in November.
Embattled International Criminal Court chief prosecutor Karim Khan was suspended after the court's oversight body referred him for disciplinary proceedings.
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
Approved 20 years ago as a treatment for diabetes, GLP-1 drugs have been found also to help patients significantly reduce weight. More than 30 million people in the U.S. have had their lives changed by GLP-1 medications. But there have also been troubling side effects reported. Correspondent Tracy Smith talks with experts who say the drugs might prove useful in treating other diseases associated with obesity (including cancer); and with patients who have taken GLP-1 drugs and experienced widely varying reactions.
A medical breakthrough is showing promise for millions of Americans with Type 1 diabetes. It's an alternative to taking insulin without the injections. Mark Strassmann has more details.
The drugs found in the lumber were mostly cocaine and ketamine, with an estimated retail value of $8.3 billion, officials said.
The cause of an Apache helicopter crash near the Strait of Hormuz that led to the U.S. military's first-ever sea drone rescue is under investigation.
The bear sightings had forced the closure of all 94 public primary and middle schools in a city just north of Tokyo.
One suspect drove a vehicle "at very high speed and recklessly, even hitting several local residents" before being stopped by authorities, officials said.
18-year-old Subhan Ahmed allegedly assisted with the torching of four ambulances used by a Jewish volunteer organization
Garry Nolan, a professor of pathology at Stanford University School of Medicine and the executive director of the board for The Sol Foundation, joins CBS News 24/7 to discuss Steven Spielberg's new movie, "Disclosure Day," and its exploration of the existence of aliens on Earth.
CBS News New York's Dave Carlin breaks down the biggest wins and performances from the 79th Tony Awards.
Oscar-winning director Steven Spielberg talks to CBS News about his 34th feature film, "Disclosure Day," which explores what would happen if all of the evidence about UFOs and alien life was released to the entire world and proved we are not alone. He also discusses his opinion on aliens, saying they "have been here and they are here."
At Broadway's biggest night, "Schmigadoon!" took home the award for best musical. Meanwhile, "Arthur Miller's 'Death of a Salesman'" won six Tony Awards, the most of the night. Jamie Wax has more on the winners and top moments.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Apple is rolling out an update with new parental controls to help navigate screen time and keep kids safe. Jo Ling Kent explains the changes.
SpaceX is setting aside a large chunk of shares for ordinary investors as it seeks to raise a record $75 billion. Here's what to know.
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.
"AI can make everything that was on my plate visible to colleagues while I'm gone," one expert said.
LinkedIn's latest workforce report found hiring rates are nearly 5% lower than a year ago. Catherine Fisher, a LinkedIn career expert, explains how job applicants can break through the market, using AI when applying and more.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
The drugs found in the lumber were mostly cocaine and ketamine, with an estimated retail value of $8.3 billion, officials said.
One suspect drove a vehicle "at very high speed and recklessly, even hitting several local residents" before being stopped by authorities, officials said.
A man appeared in a Houston courtroom Monday after he was removed from a United Airlines flight last month for allegedly getting on the plane with a fake boarding pass. Jason Allen reports.
At least 12 people were injured during a mass shooting at the Old West End Festival in Toledo, Ohio, officials say. CBS News' Jonah Kaplan reports.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Ukrainian generals say troops are advancing in the battlefield against Russia. This comes as President Volodymyr Zelenskyy says he had "positive" conversations with U.S. envoys Jared Kushner and Steve Witkoff. CBS News' Aidan Stretch reports.
China's Xi Jinping concluded his summit with North Korea's Kim Jong Un where they discussed anti-American sentiments and economic opportunities. CBS News' Anna Coren reports.
President Trump's relationship with Israeli Prime Minister Benjamin Netanyahu appears tense as both approach the war with Iran and the ongoing fighting with the Hezbollah militant group in Lebanon. Former Israeli Ambassador to the U.S. Michael Oren joins CBS News with more insight.
Israel continues to attack parts of Lebanon as tensions with the Iran-backed Hezbollah militant group remain volatile. CBS News' Charlie D'Agata reports.
Paulie Dibner, the executive editor of Oprah Daily, speaks with "CBS Mornings" about her transformative journey to motherhood after years of fertility complications and details where she found an unexpected source of healing.