Stocks fall as fears of recession increase
The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means.
Stock Market
Dow, S&P 500 see worst daily loss since 2022
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
What's driving the global market sell-off?
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
Here are the odds of an emergency rate cut from the Federal Reserve
The last time the Federal Reserve enacted an emergency rate cut was in March 2020, when the pandemic caused an economic shutdown.
4 reasons stocks are cratering — and what experts say you should do
U.S. markets fell for a third consecutive day amid fears of an economic slump. But experts say investors shouldn't panic — here's why.
Trump attacks Harris on economic news
Former President Donald Trump attacked Vice President Kamala Harris in Georgia over the weekend while campaigning with running mate JD Vance. Trump linked the recent lousy jobs report to Harris and took to social media Monday to link the stock market drop to her as well. CBS News campaign reporter Jake Rosen has more.
Stock market shocked by economy fears
The latest jobs report and slowed consumer spending are among the factors contributing to fears of a recession. CBS News business analyst Jill Schlesinger breaks down what to know as global markets react.
Stock market suffering disastrous day
U.S. markets are taking a hit Monday with the Dow falling over 1,000 points to start the day and semiconductor stocks like Nvidia and Intel dipping over 7%. Overseas, Japan's market had the worst day in its history, dropping over 12%. CBS News contributor J.D. Durkin has more.
Stocks routed in Asia, tumble in Europe over U.S. recession fears
Japan's benchmark Nikkei 225 stock index plunged 12.4% on Monday in the latest bout of selloffs that are shaking world markets as investors fret over the state of the U.S. economy.
Stocks drop following weak July jobs report
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
Stocks dive as investors fret over signs of U.S. economic slowdown
Stocks fell sharply after new economic data raised concerns the economy could be slowing faster than expected.
The story of 2 American economies
Two major stock indexes, the S&P 500 and Dow Jones Industrial Average, are up over 15% compared to a year ago. Financial analysts point to this as an example of the U.S. economy's health, but the benefits are not accessible to all Americans. CBS News' Lindsey Reiser explains.
Inflation slows more than expected in June
Labor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
Keith "Roaring Kitty" Gill buys $245 million stake in Chewy
The meme-stock investor bought more than 9 million shares of the online pet supply company, causing its stock to surge.
Roaring Kitty posts image of a dog, and Chewy's stock price jumps
Chewy's stock price surged as high as $39.10, or 36%, after meme stock investor Keith Gill posted a dog image on social media.
Breaking down Nvidia's rise to the top
Nvidia launched in 1993 as a tech startup developing advanced video game graphics, and it's now the most valuable company in the world. Axios chief financial correspondent Felix Salmon joins to discuss what's behind the company's growth.
GameStop raises $2.1 billion after latest "meme stock" surge
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
Keith Gill, GameStop's "Roaring Kitty," plans YouTube return
GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three years.
Stock market rallies around AI boom
Artificial intelligence is reshaping American life, including changing the investment landscape as AI-related stocks are booming. CBS News' John Dickerson examines some of the best performers to explain which industries make up the AI revolution.
Who is Keith Gill, the "Roaring Kitty" pumping up GameStop shares?
Keith Gill, a financial analyst turned influencer, has helped turn GameStop into a stock market phenomenon. Here's what to know.
GameStop shares soar after "Roaring Kitty" reveals $116 million stake
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Wall Street's Shadow Market (2008)
Steve Kroft reported on the financial instruments that fueled the 2008 economic crisis.
Top CEO pay is surging, report says
Paid compensation for chief executives of several Fortune 500 companies has risen dramatically over the last five years, according to a new report from The Wall Street Journal. WSJ writer Theo Francis joins to discuss why it's partly linked to a phenomenon known as the "Musk effect."
Breaking down the Dow's 40,000 milestone
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Trump "wasn't worried" during White House Correspondents' Dinner
President Trump details his experience at the White House Correspondents' Dinner, where a gunman charged toward the ballroom. He says he wasn't worried, and praised the actions of law enforcement.
Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
Weijia Jiang: I was on stage with the president. This is what I saw.
CBS News senior White House correspondent Weijia Jiang was sitting next to President Trump at the White House Correspondents' Dinner when the chaos unfolded.
Live
New details emerge on shooting at White House Correspondents' Dinner
President Trump was safely evacuated from the White House Correspondents' Association Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
Live
Oil prices rise as U.S. and Iran appear locked in a costly stalemate
Energy prices keep rising with no sign of progress toward a deal to end the U.S.-Iran standoff and Hezbollah rejecting the Lebanon ceasefire.
King Charles arriving for visit with Trump at a fraught time
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
What's in the "manifesto" of the White House Correspondents' Dinner shooting suspect
Cole Allen, 31, sent an email to family members shortly before the annual press gala, officials told CBS News.
What we know about the suspect in shooting at White House Correspondents' Dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Human remains found in search for missing Florida doctoral student
Hisham Abugharbieh, 26, has been charged with the murders of Nahida Bristy and Zamil Limon, whose body was found Friday.
U.S.
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Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
Photos show British royal visits to the U.S. over the years
King Charles is making his first state visit to the U.S. as monarch, though he traveled here 19 times before his coronation. Many of his royal relatives have also made memorable trips over the years.
Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Human remains found in search for missing Florida doctoral student
Hisham Abugharbieh, 26, has been charged with the murders of Nahida Bristy and Zamil Limon, whose body was found Friday.
Another strike on alleged drug boat kills 3 in eastern Pacific, military says
The latest U.S. military strike on a boat accused of ferrying drugs in the eastern Pacific Ocean killed three people Sunday.
MoneyWatch
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Prediction markets in hot seat over rogue bettors and insider trading
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
Tillis says he's ready to move forward with Warsh's nomination for Fed chair
U.S. Attorney Jeanine Pirro said Friday her office is dropping its criminal investigation into Fed Chairman Jerome Powell and the $2.5 billion renovation of the central bank's headquarters.
Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
The Iran war's economic hit could linger through 2026, economists say
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Trump extends Jones Act waiver for another 90 days
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Politics
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King Charles arriving for visit with Trump at a fraught time
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
Another strike on alleged drug boat kills 3 in eastern Pacific, military says
The latest U.S. military strike on a boat accused of ferrying drugs in the eastern Pacific Ocean killed three people Sunday.
Ben Sasse on Senate's "smack-down nonsense" and his wish for America
Former Sen. Ben Sasse, who was diagnosed with pancreatic cancer late last year, spoke to CBS News about why Congress is dysfunctional, the promises and risks of AI and his wish for the country.
Full transcript of "Face the Nation with Margaret Brennan," April 26, 2026
On this "Face the Nation with Margaret Brennan" broadcast, acting Attorney General Todd Blanche and Chevron CEO Mike Wirth join Margaret Brennan.
HealthWatch
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Big companies position themselves for payday from $50B federal rural health fund
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Medigap premiums leap, and consumers have few alternatives
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
World
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Live
Oil prices rise as U.S. and Iran appear locked in a costly stalemate
Energy prices keep rising with no sign of progress toward a deal to end the U.S.-Iran standoff and Hezbollah rejecting the Lebanon ceasefire.
22 Buddhist monks arrested at airport after record drug bust
The group, returning home after a vacation in Thailand, had Kush -- a potent, plant-based strain of cannabis -- hidden in their luggage, officials said.
King Charles arriving for visit with Trump at a fraught time
King Charles III and Queen Camilla are aiming to strengthen the "special relationship" the U.S. and United Kingdom have had since World War II.
Photos show British royal visits to the U.S. over the years
King Charles is making his first state visit to the U.S. as monarch, though he traveled here 19 times before his coronation. Many of his royal relatives have also made memorable trips over the years.
Another strike on alleged drug boat kills 3 in eastern Pacific, military says
The latest U.S. military strike on a boat accused of ferrying drugs in the eastern Pacific Ocean killed three people Sunday.
Entertainment
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Entertainment
4/26: Sunday Morning
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
Kacey Musgraves on writing lyrics: "There is no greater drug"
A couple of years ago, the Grammy-winner went home to East Texas to heal from a breakup. She talks about how her "Dry Spell" led to a creative monsoon – her latest album, "Middle of Nowhere."
Extended interview: Kacey Musgraves
In this web exclusive, Grammy-winning singer-songwriter Kacey Musgraves talks with correspondent Anthony Mason about her latest album, "Middle of Nowhere," a record inspired by loneliness following a breakup, and how she grew to feel empowered by the concept of liminal space.
Kacey Musgraves on "Middle of Nowhere"
A couple of years ago, Grammy-winner Kacey Musgraves went home to east Texas to heal from a breakup. She tells Anthony Mason that in writing her latest album, "Middle of Nowhere," she learned how to embrace being alone. She also talks about the influence of her mentor, singer-songwriter John Prine, and how the emotions of her latest songs poured out of loneliness.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including acclaimed conductor Michael Tilson Thomas.
Technology
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How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
How data centers are impacting Americans
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
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.
Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Why phone-free parties are gaining popularity
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
Science
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Science
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
60-foot octopus ruled the seas during age of dinosaurs, fossils show
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Mysterious "golden orb" found in deep sea in 2023 is finally identified
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Salmon exposed to cocaine swim almost twice as far, study shows
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
Crime
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Crime
Cole Allen facing arraignment
Cole Allen, the suspected gunman who rushed the security perimeter at the White House Correspondents' Dinner in Washington, D.C., on Saturday night, is expected at federal court for his arraignment on Monday. CBS News' Katrina Kaufman reports.
Latest on White House Correspondents' Dinner
President Trump described what happened when a gunman stormed the security perimeter at the White House Correspondents' Dinner on Saturday night. CBS News' Olivia Rinaldi and Anna Schecter report.
22 Buddhist monks arrested at airport after record drug bust
The group, returning home after a vacation in Thailand, had Kush -- a potent, plant-based strain of cannabis -- hidden in their luggage, officials said.
Suspect in WH Correspondents' Dinner shooting to be arraigned in federal court
U.S. Attorney Jeanine Pirro said Saturday night that Cole Thomas Allen will face at least two charges and predicted there will be more.
Human remains found in search for missing Florida doctoral student
Hisham Abugharbieh, 26, has been charged with the murders of Nahida Bristy and Zamil Limon, whose body was found Friday.
Space
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Latest Galleries
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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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
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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
Cole Allen facing arraignment
Cole Allen, the suspected gunman who rushed the security perimeter at the White House Correspondents' Dinner in Washington, D.C., on Saturday night, is expected at federal court for his arraignment on Monday. CBS News' Katrina Kaufman reports.
Weijia Jiang on Correspondents' Dinner attack
CBS News' Weijia Jiang, who is the president of the White House Correspondents' Association, was sitting next to President Trump when the suspect in Saturday's shooting began firing. She describes to "CBS Mornings" what happened next.
Latest on White House Correspondents' Dinner
President Trump described what happened when a gunman stormed the security perimeter at the White House Correspondents' Dinner on Saturday night. CBS News' Olivia Rinaldi and Anna Schecter report.
Dangerous storms sweep South, Midwest
Powerful tornadoes and dangerous storms swept across parts of the central U.S. over the weekend, reducing homes to rubble in some communities. Millions of Americans remain at risk of severe weather on Monday. Nicole Valdes reports.
Security at Correspondents' Dinner shooting
Aaron MacLean, a CBS News national security analyst who was at the White House Correspondents' Dinner, describes what happened and breaks down the security measures at the event.