Stock market soars to record highs
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.
Stock Market
Stocks tumble after hot inflation report
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.
Dow tumbles more than 700 points after hot inflation report
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
Millennial, Gen Z wealth has grown, data shows
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.
One group has seen its wealth surge since 2019: Americans under 40
Younger workers enjoyed the biggest percentage gain in wealth since the pandemic, the New York Federal Reserve found.
Why tech stocks are driving market gains
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.
S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Breaking down stock market's 1st week of 2024
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.
401(k) opportunities from market volatility
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.
Examining the controversial U.S. Steel sale
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.
Costco sells $100 million in gold bars amid inflation fears
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Dow surges after Fed keeps rates unchanged
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.
Dow hits record high as investors cheer Fed outlook on interest rates
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Sports Illustrated publisher fires CEO following AI controversy
The Arena Group has fired a few executives following public backlash over Sports Illustrated's alleged use of AI to create fake content.
Dow jumps 520 points as investors cheer inflation slowdown
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Oil prices surge amid Israel-Hamas war
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.
Financial markets respond to Israel-Hamas war
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.
"Surprising" September jobs report
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.
GameStop appoints Chewy founder Ryan Cohen as chief executive
The billionaire will not receive compensation for serving as the company's president, CEO and chairman, GameStop said.
A look at Instacart's stock market debut
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.
Moody's cuts credit ratings for 10 U.S. banks
Bank stocks fell Tuesday after Moody's Investors Service downgraded the credit ratings of 10 regional banks, citing growing financial risks and strains that could erode their profitability. The move prompted new concerns over the health of the banking sector. J.D. Durkin, host for financial site TheStreet, joins CBS News to discuss how it all impacts investors and the stock market.
Biden economic adviser on credit downgrade
Fitch Ratings, one of three major credit firms, downgraded the U.S. credit rating from AAA to AA+ on Tuesday. The Dow Jones, Nasdaq and S&P 500 all closed in the red one day after the news. Bharat Ramamurti, National Economic Council deputy director, joined CBS News to discuss how the Biden administration is reacting to the downgrade.
The economy's long, hot, and uncertain summer — CBS News poll
High prices and interest rates are still weighing on personal budgets.
Job market cools in June
The U.S. economy added fewer jobs than predicted in June, sending stocks seesawing even as the unemployment rate remained steady. The report sparked fears that the Fed will raise interest rates again. Natalie Brand is at the White House with more.
Economic impact of excessive heat
An extreme summer heat wave has blanketed most of the U.S. this week. Excessive heat is currently estimated to cost the U.S. economy $100 billion annually. TheStreet host J.D. Durkin and Axios economics reporter Courtenay Brown join CBS News to break down the economic impact of climate change.
Live
Trump warns of "critical period" in Iran war, as deadline to avoid escalation looms
President Trump's deadline for Iran to reach a deal to end the war or face punishing strikes on its bridges and power plants is less than 24 hours away.
Artemis II crew completes record-breaking trip around the moon
The Artemis II crew flew further from Earth than any humans in history as they passed behind the far side of the moon.
Trump, top officials share new details of rescue of U.S. airmen from Iran
President Trump and top national security officials shed new light on the daring rescues of two American airmen who were shot down over Iran last week.
Trump calls Artemis II astronauts "modern-day pioneers" in live conversation
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
Exclusive
New details about Epstein's lenient plea deal revealed in DOJ files
While Epstein was on work release from a Florida jail nearly 20 years ago, he had sex in a vehicle in the prison parking lot, according to a FBI interview.
Inside the daring mission to rescue a U.S. airman downed in Iran
U.S. forces mounted an urgent and high-risk rescue effort to find an airman who was forced to eject from a downed F-15E fighter jet over Iran.
Exclusive
Two more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Michigan woman missing after husband says she fell off boat in Bahamas
An American woman disappeared in the Bahamas on Saturday, after her husband said she fell from their dinghy and was swept out to sea.
Michigan holds of UConn to win 2026 NCAA men's basketball title
This is Michigan's second NCAA title in school history, and the win ends a 26-year national championship drought for the Big Ten.
U.S.
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Michigan holds of UConn to win 2026 NCAA men's basketball title
This is Michigan's second NCAA title in school history, and the win ends a 26-year national championship drought for the Big Ten.
Trump calls Artemis II astronauts "modern-day pioneers" in live conversation
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
Indianapolis city councilor says his home was shot at over data center project
The Indianapolis Metropolitan Police Department said officers found evidence of gunshots and believe it was "an isolated, targeted incident."
The upper middle class is now the largest income group in the U.S.
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
Iran war to throttle oil flows even if Strait of Hormuz reopens soon
Shipping companies would take at least two months to resume operations in the Persian Gulf following a ceasefire in the region, according to the Eurasia Group.
MoneyWatch
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Exclusive
Two more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
The upper middle class is now the largest income group in the U.S.
America's middle class is shrinking, but not because people are getting poorer. Instead, more households are climbing the ladder, new research suggests.
Iran war to throttle oil flows even if Strait of Hormuz reopens soon
Shipping companies would take at least two months to resume operations in the Persian Gulf following a ceasefire in the region, according to the Eurasia Group.
See which stores are open and closed for Easter 2026
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
Sauté pans sold at Costco recalled after metal caps "forcefully eject"
One consumer reported sustaining bruising and burn injuries.
Politics
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Trump calls Artemis II astronauts "modern-day pioneers" in live conversation
President Trump praised the crew of NASA's Artemis II mission in a brief chat late Monday, saying they had "inspired the entire world" after they looped around the moon in a record-breaking voyage.
Exclusive
Two more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Exclusive
New details about Epstein's lenient plea deal revealed in DOJ files
While Epstein was on work release from a Florida jail nearly 20 years ago, he had sex in a vehicle in the prison parking lot, according to a FBI interview.
Trump, top officials share new details of rescue of U.S. airmen from Iran
President Trump and top national security officials shed new light on the daring rescues of two American airmen who were shot down over Iran last week.
Supreme Court clears path for dismissal of Steve Bannon's conviction
The Supreme Court issued an order that paves the way for Steve Bannon to have his contempt of Congress conviction dismissed.
HealthWatch
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Exclusive
Two more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Social media driving teens toward steroids, extreme body transformations
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
He thought he was in good health — until fainting during a bike ride
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
World
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Ex-CIA director says U.S. needs to learn "new concept of warfare" from Ukraine
Ex-CIA director David Petraeus says Ukraine has offset its disadvantages against Russia through its innovation in its unmanned systems.
Trump, top officials share new details of rescue of U.S. airmen from Iran
President Trump and top national security officials shed new light on the daring rescues of two American airmen who were shot down over Iran last week.
Fugitive mafia boss wanted for murder arrested at luxury villa
Roberto Mazzarella, head of the Mazzarella clan of the Camorra, the Naples-based organized crime group, was one of Italy's most dangerous fugitives, authorities said.
Michigan woman missing after husband says she fell off boat in Bahamas
An American woman disappeared in the Bahamas on Saturday, after her husband said she fell from their dinghy and was swept out to sea.
Family buries "unjustly accused" Mexican teen who died in ICE custody
Royer Perez Jimenez was a "hard worker" who immigrated at 15 to "triumph and help his family," his uncle said.
Entertainment
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Entertainment
Mindy Kaling on amplifying women's stories
Mindy Kaling speaks with Jamie Yuccas about her new venture with Amazon Publishing called Mindy's Book Studio, where she chooses books by female authors to be published and receives first rights on future screenplays.
Actress Tori Spelling hospitalized after Southern California crash
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
4/5: Sunday Morning
Hosted by Jane Pauley. Featured: The Vatican's Mosaic Studio; a fight over history at West Bank archaeological sites; Dan Levy on his new series "Big Mistakes"; the creative talents behind "Hacks"; the latest on the Artemis II lunar mission; the works of Renaissance artist Raphael; and the beauty of moss.
The sublime perfection of Raphael
One of the greatest artists of the Italian Renaissance is now the subject of the first comprehensive exhibition of his work ever in the United States, at the Metropolitan Museum of Art in New York City.
Extended Interview: Jean Smart
In this web exclusive, Jean Smart, the Emmy-winning star of "Hacks," talks with correspondent Tracy Smith about filming the final season of her HBO series.
Technology
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Technology
H-1B visa program changes impact global talent
Trump administration changes to the U.S. H-1B visa program have impacted the global talent coming to the U.S. CBS News' Shanelle Kaul reports from India.
The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
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.
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
Science
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Science
Artemis II astronauts speak during historic lunar mission
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
What Artemis II astronauts will do in space
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
How Artemis II crew will sleep in space
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
Crime
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Crime
Parents charged after zoo wolf injures toddler
The parents of a toddler are facing child endangerment charges after the 17-month-old stuck his hand into a wolf enclosure and was injured at a zoo in Pennsylvania. CBS News correspondent Tom Hanson reports.
Fugitive mafia boss wanted for murder arrested at luxury villa
Roberto Mazzarella, head of the Mazzarella clan of the Camorra, the Naples-based organized crime group, was one of Italy's most dangerous fugitives, authorities said.
Robbery reveals sinister plot to kill a man with a root beer float
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
Space
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Artemis II crew completes record-breaking trip around the moon
The Artemis II crew flew farther from Earth than any humans in history as they passed behind the far side of the moon on Monday night.
Artemis II astronauts find hidden Easter eggs as they close in on the moon
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
Artemis II crew take new photo of far side of the moon
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Moon-bound Artemis II astronauts enjoy a relaxed day in space
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
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.
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
Watch: Trump calls Artemis II crew
President Trump spoke with the crew of the Artemis II mission on Monday as they capped off a historic day that saw them loop around the far side of the moon and begin their return to Earth.
Artemis II loops far side of moon | Special Report
The Artemis II on Monday made its trip around the far side of the moon and began its journey back to Earth. Lindsey Reiser anchored CBS News' special coverage.
4/6: The Takeout with Major Garrett
Trump sheds new light on mission to rescue F-16 crew members in Iran; Artemis II sets record for farthest distance travelled from Earth.
Artemis II crew views total solar eclipse
The Artemis II crew observed a total solar eclipse on Monday night while making its way back to Earth. Former NASA astronaut Terry Hart joins CBS News with his reaction.
F-16 pilot on Iran rescue mission
President Trump is hailing the rescue of a downed weapons system officer as one of the most complex missions the U.S. military has ever attempted. Lt. Col. Dan Rooney, a decorated F-16 fighter pilot and combat veteran, joins CBS News to discuss.