Tesla stock falls 5% as quarterly sales drop
Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
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Tesla has reclaimed the title of largest electric vehicle seller in the world, so why did its stock fall 5% on Tuesday? Rebecca Elliott, reporter for The Wall Street Journal, joins CBS News to discuss.
Trading began Tuesday for the Trump Media & Technology Group, parent to former President Donald Trump's Truth Social media platform. The firm ended the day at nearly $58 per share with a total valuation of $7.9 billion. Amrith Ramkumar, finance reporter for The Wall Street Journal, joins CBS News to assess the stock's debut performance.
Reddit made its stock market debut Thursday, raking in about $519 million by the closing bell. Hope King, senior business reporter at Axios, joins CBS News to discuss what investors might find attractive about the social media company.
Reddit, the popular social media platform, has gone public after almost two decades after its launch. CBS News senior business and technology correspondent Jo Ling Kent has more on what Reddit will have to modify as it seeks to make profits for shareholders.
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
The three major stock indexes fell more than one percentage point each Tuesday after a government report showed inflation remained stubbornly high in January. CBS News contributor Javier David joins to unpack the figures.
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
A recent New York Federal Reserve analysis shows Americans under 40 are benefiting from the rising stock market. Alicia Adamczyk, a senior writer for Fortune, has been reporting on the surge among younger generations.
Younger workers enjoyed the biggest percentage gain in wealth since the pandemic, the New York Federal Reserve found.
Several factors, like the boom in artificial intelligence in the past few years, have created higher value for tech companies stocks in the market that are driving market gains. Joe Rennison covers financial markets for The New York Times and joins CBS News with his take on the strength of the "magnificent seven" group of tech stocks.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
The Dow Jones, NASDAQ and S&P 500 all closed relatively flat on the first Friday of 2024. Javier David, Axios managing editor for business and markets, and Kristin Myers, editor-in-chief and senior vice president of ETF.com, join CBS News to recap the week on Wall Street.
If you're looking to grow your 401(k) you may need to keep an eye on it more than usual this year as an unsettled market presents opportunities. Bourree Lam, an author of The Wall Street Journal book "The New Rules of Money," joined CBS News to talk about ways to increase your retirement fund.
A $14 billion deal for Japan's Nippon Steel to buy out U.S. Steel is facing stiff opposition. CBS Pittsburgh money and politics editor Jon Delano examines the details of the sale — and why lawmakers oppose it.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
The Dow soared more than 500 points on Wednesday, closing over 37,000 for the first time. The surge came after the Federal Reserve said it is keeping interest rates unchanged for the third time in a row. Gregory Daco, chief economist at Ernst and Young, joins CBS News to unpack the Fed's decision.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The Arena Group has fired a few executives following public backlash over Sports Illustrated's alleged use of AI to create fake content.
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
Some reactionary moves are evident in the markets as the war between Israel and Hamas continues. Eric Wallerstein, a markets reporter for The Wall Street Journal, joined CBS News and explained that gold, which he said is "a haven from turmoil," is having its best week since March.
The September jobs report showed that the U.S. economy created 336,000 jobs last month -- a sign that the job market remained strong despite challenges with inflation. Jeanna Smialek, a Federal Reserve and U.S. economy reporter at The New York Times, has more.
The billionaire will not receive compensation for serving as the company's president, CEO and chairman, GameStop said.
San Francisco-based grocery delivery company Instacart made its Nasdaq debut on Tuesday, closing at about a 12% gain. Natalie Lung, a technology reporter for Bloomberg, joins CBS News to discuss Instacart's transition to a public company.
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
Thailand and Cambodia signed a ceasefire agreement on Saturday after weeks of deadly fighting along their border.
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
The Telluride Ski Resort in Mountain Village, Colorado, was shuttered Saturday, with no date set for reopening, due to a labor dispute with the ski patrol union over wages.
Several lanes of the 5 Freeway were closed and a shelter-in-place order was issued to residents in Castaic, California, after a gas line ruptured on Saturday.
The university fired ex-coach Sherrone Moore on Dec. 10 for having an "inappropriate relationship" with a female staffer.
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
Todd Kendhammer said his wife Barbara was killed in a freak accident, but a Wisconsin jury didn't believe him. Can his new attorneys upend the case with what they say is critical new evidence?
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Jeffrey R. Holland was next in line to lead the Mormon church under a long-established succession plan.
The boy, identified by police as Coco, was found in chest-deep waters but was not injured.
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Thailand and Cambodia signed a ceasefire agreement on Saturday after weeks of deadly fighting along their border.
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
Peter Turnley, an American and French photographer known for documenting the human condition, finds comfort in Paris. His new book "PARIS Je t'aime" showcases 50 years of photographs from his favorite city.
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Now And Then (In Remembrance Of...)."
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Three Little Words."
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Todd Kendhammer said his wife Barbara was killed in a freak accident, but a Wisconsin jury didn't believe him. Can his new attorneys upend the case with what they say is critical new evidence?
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
Todd Kendhammer says his wife was killed in an accident -- a pipe flew off a truck and crashed into their car. Authorities say the scene was staged. "48 Hours" correspondent Erin Moriarty reports.
Perry Bamonte, a guitarist and keyboardist for the alternative rock band The Cure, died at his home in England following a "short illness," the band announced Friday. He was 65.
Nestled deep in the mountains of South Korea, in a remote part of the country's east, is one of the world's largest deposits of tungsten, a critical mineral the U.S. desperately needs for its defense. As Anna Coren shows, a newly reopened mine in South Korea could soon fill that need.
During his first year back in power, President Trump has used American military might to send messages to adversaries abroad. On Christmas Day, Mr. Trump ordered a strike on ISIS militants in Nigeria, which came about one week after the U.S. also struck ISIS targets in Syria. Willie James Inman reports from Mar-a-Lago.
The National Retail Federation estimates that 17% of holiday purchases will be sent back. Andres Gutierrez reports on what happens to unwanted gifts after they're returned to retailers.