Tech stocks plummet amid AI bubble worries
Investors are recoiling from tech stocks again over doubts that AI spending will pay off in the long run. Yahoo Finance's Brooke DiPalma explains the current state of the global stock market.
Stock Market
Tech stock selloff impact on investments
A tech stock sell-off has triggered some volatility in the stock market. Kelly O'Grady explains what it could mean for your investments, including retirement accounts.
Here's what's behind the tech stock selloff
Stocks slid around the world on Tuesday as investors pulled back from some of the biggest names in tech amid concerns about ongoing inflation and the possibility of future interest rate hikes. CBS News' Jo Ling Kent has more.
Tech stocks tumble for a second day. Here's what's behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Tech stocks tumble over AI cost concerns
A massive tech stock sell-off dragged down the S&P 500 and Nasdaq on Tuesday. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Markets see mass tech sell-offs
Some investors may have cold feet about tech stocks, especially amid global economic uncertainty and questions about artificial intelligence. Axios reporter Emily Peck weighs in.
From the archives: Alan Greenspan on systematic fear in the economy
Alan Greenspan, who worked with four presidents during his 18-year tenure as chair of the Federal Reserve, died Monday, June 22, 2026, at age 100. In this Oct. 20, 2013 "Sunday Morning" profile, Greenspan talked with Anthony Mason about what he learned from overseeing the American economy during a period of sustained growth, prior to the 2008 collapse; how to measure irrational human behavior in predicting the market; and how America's economic system is built upon trust, saying, "You break trust down, and the system implodes." Mason also talked with Greenspan's wife, NBC journalist Andrea Mitchell, about her husband's obsession with writing.
A father of 3 wanted to leave wealth to his kids. He turned to a coffee can.
Matthew Ankrum wanted to build wealth for his daughters and teach them about financial stability. A new book shares how.
Dow falls after Fed holds interest rates steady
The Federal Reserve maintained its benchmark interest rate on Wednesday in its first meeting with Kevin Warsh as chair. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
Stocks soar on news of U.S., Iran peace deal
The Dow rose on Tuesday, building on Monday's news that the U.S. and Iran reached a deal to end the war. Senior Barron's writer Laura Sanicola joins CBS News to discuss.
Data: Trump made 3,600 stock trades in 3 months
New data from the Office of Government Ethics shows that President Trump is ramping up his stock portfolio, with a CBS News analysis finding the president's investment accounts made 3,600 trades between January and March. CBS News senior investigative reporter Michael Kaplan has more.
Trump's unprecedented levels of stock trading
A CBS News investigation shows President Trump has traded stocks at a level never before seen by an Oval Office occupant. CBS News investigative reporter Michael Kaplan has the details.
Oil prices sink, stocks soar after Trump announces deal with Iran
Markets rally on expectations that the agreement will ease global energy supply concerns, though analysts warn gas prices may remain elevated for some time.
Details emerge on Trump's stock trades
A CBS News investigation shows that President Trump made 3,600 stock trades across more than 1,000 firms within the first 3 months of his presidency. CBS News' Michael Kaplan has more.
3,600 stock trades in 3 months: Breaking down Trump's flurry of investments
President Trump's investment accounts traded between $212 million and $695 million in stocks and other securities in the first three months of the year — an unprecedented sum for a sitting president.
Details emerge on Trump's stock trading
A CBS News investigation found that President Trump made 3,600 stock trades in the first three months of 2026. CBS News' Michael Kaplan has more.
Explore Trump's 3,600 stock trades from the first 3 months of 2026
View the companies and sectors the president's investment accounts bought and sold.
Elon Musk becomes world's first trillionaire
Elon Musk became the world's first trillionaire on Friday after SpaceX executed the largest IPO in stock market history.
SpaceX stock closes up 19% on Day 1 of trading
SpaceX launched onto Wall Street on Friday with the largest initial public offering in history. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Inside unconventional SpaceX market debut
SpaceX officially became the world's largest IPO ever on Friday, but the way it got there took a less-than-conventional road. A Politico report drew parallels between Elon Musk's handling of his market debut and President Trump's executive orders. Yasmin Khorram, Politico tech and economic policy reporter, joins CBS News to discuss.
U.S. facing Paraguay in Men's World Cup match
The U.S. Men's National Soccer team will play its first match of the 2026 FIFA World Cup on Friday night, taking on Paraguay in Southern California. CBS News correspondent Nicole Valdes reports from Los Angeles.
SpaceX could make many new millionaires today
SpaceX's highly anticipated IPO could make thousands of former and current workers millionaires. CBS News' Jo Ling Kent reports.
Wholesale prices see biggest spike since 2022
The producer price index came in much higher than expected in May, signaling that U.S. consumers may face more inflation in the coming months. CBS News' Kelly O'Grady explains.
Investors prepare to gamble on AI companies
Investors are preparing for SpaceX, Anthropic and OpenAI to go public as the markets brace for the AI era. Emily Chang, the host of Bloomberg's "The Circuit," joins CBS News with more.
What May inflation signals about state of economy
Inflation in the U.S. accelerated in May to its highest level in more than three years. CBS News' Kelly O'Grady breaks down the numbers.
Supreme Court expands presidential firing power, overturning 90-year-old ruling
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
Live
Path forward for U.S.-Iran talks unclear after weekend strikes
Iran denied its negotiators would be meeting with U.S. officials in Qatar after President Trump announced the talks would resume at Tehran's request.
Rescue teams continue to find survivors of Venezuela earthquakes
Tens of thousands of people are still presumed to be missing after two powerful earthquakes struck Venezuela last week.
Supreme Court won't hear Trump's appeal of E. Jean Carroll sexual abuse case
A unanimous federal jury found that a preponderance of evidence supported Carroll's claim that Mr. Trump sexually abused her.
Aide who planned JFK Jr.'s secret wedding weighs in on Swift-Kelce rumors
RoseMarie Terenzio, who was JFK Jr.'s former chief of staff and planned his secret wedding to Carolyn Bessette, said she doesn't think Taylor Swift and Travis Kelce are getting married at Madison Square Garden.
Iran war has cost Americans $1,000 per household, economist estimates
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
Soccer star's wife and 2 children killed in Venezuela earthquakes, team says
The wife and two children of Argentine soccer star Lucas Trejo died after powerful earthquakes struck Venezuela, his team said.
Putin says Ukrainian strikes on infrastructure causing "problems" for Russia
Ukraine has intensified strikes on Russia recently, targeting energy and logistics infrastructure.
Woman killed, 2 injured in series of Florida alligator attacks
Officials say people and pets should keep a safe distance away from the water to limit the chances of an alligator encounter.
U.S.
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Here's what to know about Medicare's new GLP-1 weight-loss drug program
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Iran war has cost Americans $1,000 per household, economist estimates
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
Senate Ethics Committee dismisses misconduct complaint against Gallego
The bipartisan committee said it "did not find evidence that your actions violated federal law, Senate rules or related standards of conduct."
The Trump administration says SNAP is rife with fraud and waste. Is it?
The USDA says almost 11% of SNAP payments contain errors, almost double the threshold set by Congress. Here's what is going on.
Ex-NBA players Malik Beasley, Ed Davis indicted in gambling probe
Former NBA players Malik Beasley and Ed Davis have been indicted on illegal sports gambling charges, authorities announced Monday.
MoneyWatch
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Here's what to know about Medicare's new GLP-1 weight-loss drug program
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Iran war has cost Americans $1,000 per household, economist estimates
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
The Trump administration says SNAP is rife with fraud and waste. Is it?
The USDA says almost 11% of SNAP payments contain errors, almost double the threshold set by Congress. Here's what is going on.
Supreme Court expands presidential firing power, overturning 90-year-old ruling
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
Supreme Court rejects Trump bid to fire Fed's Lisa Cook as legal case continues
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
Politics
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Senate Ethics Committee dismisses misconduct complaint against Gallego
The bipartisan committee said it "did not find evidence that your actions violated federal law, Senate rules or related standards of conduct."
Supreme Court expands presidential firing power, overturning 90-year-old ruling
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
Supreme Court rejects Trump bid to fire Fed's Lisa Cook as legal case continues
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
Supreme Court says states can count mail ballots that arrive after Election Day
The Supreme Court on Monday ruled that states can count mail ballots that are cast by Election Day but arrive later, rejecting a GOP challenge to a Mississippi law.
Supreme Court rejects case over COVID-19 vaccine mandate for healthcare workers
The dispute arose after New York's Department of Health issued an emergency rule that required healthcare workers to be fully vaccinated against COVID-19.
HealthWatch
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Here's what to know about Medicare's new GLP-1 weight-loss drug program
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Former NFL star Chris Johnson says he's been diagnosed with ALS
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Mom gets answers after fighting for diagnosis: "Something's wrong"
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
Internal emails show how RFK Jr.'s team sought to sway the CDC
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
World
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Some Russian soldiers last just minutes on front lines, military bloggers say
Once Russian soldiers reach certain parts of the front lines of the war in Ukraine, they can expect to live an average of just 20 to 35 minutes, according to a grim estimate by Russian military bloggers.
Putin says Ukrainian strikes on infrastructure causing "problems" for Russia
Ukraine has intensified strikes on Russia recently, targeting energy and logistics infrastructure.
Rescue teams continue to find survivors of Venezuela earthquakes
Tens of thousands of people are still presumed to be missing after two powerful earthquakes struck Venezuela last week.
6 killed, suspect arrested in shooting at German youth center, police say
German police say a suspect was in custody and six were killed in a rare shooting that took place at a youth center in Stade, near Hamburg.
Soccer star's wife and 2 children killed in Venezuela earthquakes, team says
The wife and two children of Argentine soccer star Lucas Trejo died after powerful earthquakes struck Venezuela, his team said.
Entertainment
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Aide who planned JFK Jr.'s secret wedding weighs in on Swift-Kelce rumors
RoseMarie Terenzio, who was JFK Jr.'s former chief of staff and planned his secret wedding to Carolyn Bessette, said she doesn't think Taylor Swift and Travis Kelce are getting married at Madison Square Garden.
Olivia Wilde, Edward Norton on "The Invite"
Olivia Wilde and Edward Norton, stars of "The Invite" preview the film, which explores the unraveling and evolution of two very different marriages over the course of an unforgettable evening. The two discuss if they brought any of their own experiences to the movie and Wilde, who also directed the film, shares why she was initially reluctant to star in it.
Preview of "The Angry Birds Movie 3"
"CBS Mornings" exclusively reveals the trailer for "The Angry Birds Movie 3." The film stars Jason Sudeikis and debuts in theaters on Dec. 23.
Top moments from BET Awards
The 2026 BET Awards included star-studded performances, a tribute to Lauryn Hill and more. Nate Burleson reports on the night's biggest moments.
Taylor Swift, Travis Kelce wedding rumors
RoseMarie Terenzio, John F. Kennedy Jr.'s former chief of staff, talks with "CBS Mornings" about planning his secret wedding to Carolyn Bessette nearly 30 years ago, and if Taylor Swift and Travis Kelce could pull off a secret wedding as rumors swirl about their big day.
Technology
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Technology
U.S. eases restrictions on Mythos AI model
The Trump administration is allowing Anthropic to restore access to its Mythos 5 AI model for a select group of U.S. companies and federal agencies. New York Times tech reporter Sheera Frenkel joins CBS News to discuss.
How trains drove American history
The transcontinental railroad changed just about everything in America: transportation, communications, commerce, cities, politics, even our perception of time. Correspondent David Pogue visits Steamtown National Historic Site, in Scranton, Pa., home to Big Boy, the biggest functioning steam train in the world, to learn how trains helped define an expansive America.
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.
California creates AI job trend tracker
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Science
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Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Crime
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6 killed, suspect arrested in shooting at German youth center, police say
German police say a suspect was in custody and six were killed in a rare shooting that took place at a youth center in Stade, near Hamburg.
Alex Murdaugh to return to court
Alex Murdaugh is expected back in court in South Carolina on Monday for the first time since the state Supreme Court overturned his convictions for killing his son and wife. Skyler Henry reports.
Detective believes 6-year-old's mother was killed in next room while he slept
For most of his life, Reggie Reed has wondered who murdered his mother Selonia Reed decades ago in Hammond, Louisiana. A fresh look at the evidence ultimately implicated the man he called his "rock" — Reginald Reed Sr., the man who lovingly raised him.
Michigan parents charged with murder after boy found to be 250+ pounds
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
Billionaire Leon Black testifies on Epstein
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Space
More Space
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
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.
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
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
Dr. Abdul El-Sayed on his campaign for Senate
State Sen. Mallory McMorrow, Rep. Haley Stevens and Dr. Abdul El-Sayed are vying for the Democratic nomination for Senate in Michigan. El-Sayed joined "The Takeout" to discuss his campaign.
Scott Wiener speaks out after being berated on Gaza
California congressional candidate and state Sen. Scott Wiener was forced to leave a pro-trans rights march on Friday after being berated by protesters over Gaza. Wiener, who is Jewish, has said he believes Israel's military actions have amounted to genocide. Wiener joined "The Takeout" to discuss the incident.
Venezuela earthquakes death toll passes 1,700
Rescue teams are still searching for survivors of the deadly earthquakes that struck Venezuela five days ago. More than 1,700 people are confirmed to have died. CBS News' Camilo Montoya-Galvez has more.
Trump says U.S., Iran will hold talks Tuesday
President Trump said Monday that U.S. and Iranian officials will meet in Doha on Tuesday for more peace talks, but the Iranians are denying that. CBS News' Weijia Jiang has more and Aaron David Miller, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.