Stocks waver and oil prices rise after Israeli missile strike on Iran
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Stock Market
Trump Media stock down since March peak
Stocks for former President Donald Trump's Truth Social parent company are sinking. Javier E. David, the business and markets managing editor for Axios and a CBS News contributor, breaks down the factors affecting Trump Media & Technology Group's shares.
U.S. adds 303,000 jobs in March
New data from the Labor Department shows the U.S. added 303,000 jobs in March, beating the Dow Jones estimated gain of around 200,000 jobs. CBS News business analyst Jill Schlesinger breaks down the numbers and acting Labor Secretary Julie Su joins CBS News with her reaction.
What's next for Disney after board fight?
Disney stockholders gave the company's current leadership a win on Wednesday, reelecting all 12 board members and rejecting two hedge funds that fought for seats. Brooks Barnes, senior staff writer for The New York Times, joins CBS News to discuss what the results mean for the company's future.
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.
What to know about Trump Media's Nasdaq debut
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 stock surges in first day of trading
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 makes stock market debut
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.
Why new inflation numbers aren't alarming Fed
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.
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.
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.
Live
U.S.-Iran peace deal to be signed Sunday, Trump says
President Trump said the Strait of Hormuz will be reopened "immediately," once the memorandum of understanding is signed.
Trump's name removed from Kennedy Center, court filing says
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
"It rips my heart apart": U.S. military veteran calls on ICE to release wife
An American citizen who served in the Army and the Texas National Guard for roughly 20 years is desperately urging immigration officials to release his wife, who is facing deportation to Honduras.
Ukrainian drone attack kills 1, injures 3 in southern Russia
Ukraine's General Staff said that its forces had hit an oil preparation and pumping station overnight in Russia's Volgograd region.
Equipment stolen from England's World Cup team recovered, BBC says
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
Trump's changes to history at national parks must be undone, judge rules
President Trump issued an executive order in March 2025 ordering national parks to not display elements that "inappropriately disparage Americans past or living."
Lifeguard helps save woman critically injured in Australia shark attack
Lifeguard Charlie Verco said he was on his paddleboard when he saw the 11-foot shark emerge and attack a swimmer.
NBA star James Harden arrested in Houston for unlawful carrying of a weapon
NBA star James Harden was booked into jail and released on bond less than 2 hours later.
U.S. deports migrants from Afghanistan, Iran to Central African Republic
The Trump administration deported a group of roughly 20 migrants from Afghanistan, Iran and other nations to the Central African Republic, one of the world's poorest countries.
U.S.
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Ford recalls over 250K Focus models over engine stall risk
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
NBA star James Harden arrested in Houston for unlawful carrying of a weapon
NBA star James Harden was booked into jail and released on bond less than 2 hours later.
Equipment stolen from England's World Cup team recovered, BBC says
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
Trump's changes to history at national parks must be undone, judge rules
President Trump issued an executive order in March 2025 ordering national parks to not display elements that "inappropriately disparage Americans past or living."
U.S. cruises past Paraguay 4-1 in World Cup opener
The U.S. men's national soccer team made easy work of Paraguay in its World Cup opener Friday, defeating the South American side 4-1 at SoFi Stadium.
MoneyWatch
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DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Former SpaceX welder becomes a millionaire after historic IPO
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
FDA authorizes emergency use of drug to fight screwworms in pets
Nitenpyram is the first generic animal drug authorized to treat screwworms in dogs and cats, according to federal regulators.
Politics
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"It rips my heart apart": U.S. military veteran calls on ICE to release wife
An American citizen who served in the Army and the Texas National Guard for roughly 20 years is desperately urging immigration officials to release his wife, who is facing deportation to Honduras.
Trump says U.S. killed Tren de Aragua leader in airstrike in Venezuela
The U.S. military has killed Niño Guerrero, the alleged leader of Venezuela-based gang Tren de Aragua, President Trump announced Friday.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Ohio voting rights group facing criminal fraud investigation, sources say
The FBI executed a search warrant at the office of an Ohio-based group known for its voter registration work as part of an ongoing fraud-related investigation, sources told CBS News.
Trump's name removed from Kennedy Center, court filing says
A federal appellate court denied a last-minute attempt by the Trump administration to stop the removal of President Trump's name from the Kennedy Center on Friday.
HealthWatch
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Her Stage IV cancer had no symptoms. Innovative surgery saved her life.
A chance emergency room visit led to Amy Piccoli's diagnosis with late-stage colorectal cancer.
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
New sunscreen option wins FDA approval after years of delay
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
Safety concerns over weight loss drug
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.
How an experimental weight-loss drug is being openly promoted by physicians
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.
World
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Ukrainian drone attack kills 1, injures 3 in southern Russia
Ukraine's General Staff said that its forces had hit an oil preparation and pumping station overnight in Russia's Volgograd region.
Police dress up as World Cup mascots to carry out drug sting
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
Armed men kidnap respected security expert in gang-wracked Haiti
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
Equipment stolen from England's World Cup team recovered, BBC says
Footwear and soccer balls were among the items taken, the BBC reported, but the theft did not include anything "game-critical."
Lifeguard helps save woman critically injured in Australia shark attack
Lifeguard Charlie Verco said he was on his paddleboard when he saw the 11-foot shark emerge and attack a swimmer.
Entertainment
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Entertainment
6/13: Saturday Morning
The White House is readying for Sunday's UFC event as questions remain over peace negotiations with Iran. Plus, the U.S. dominated Paraguay 4-1 in the team's first World Cup game.
Young the Giant performs "Mind Over Matter"
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Mind Over Matter."
Young the Giant performs "Evergreen"
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Evergreen."
Young the Giant performs "Different Kind of Love"
Young the Giant broke out in 2010 with hits like "My Body" and "Cough Syrup," which boast more than 400 million streams on Spotify. Their latest record, "Victory Garden," is out now. Here's Young the Giant performing "Different Kind of Love."
DOJ approves Paramount-Warner Bros. merger
The Justice Department has given the merger between CBS News' parent company, Paramount Skydance, and Warner Bros. Discovery the green light. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Technology
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As SpaceX IPO launches, Texans near its Starbase HQ are mixed on the company
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
SpaceX expansion plans impact local community
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
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.
Why the liberal arts can help young Americans prepare for the era of AI
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Uproar over planned data center near zoo
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Police dress up as World Cup mascots to carry out drug sting
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
Armed men kidnap respected security expert in gang-wracked Haiti
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
Texas shooting kills at least 1, injures 10
On Wednesday, a 45-year-old gunman opened fire on police in Midland, Texas, allegedly refusing to surrender to police. He fled, finally barricading himself in an abandoned veterinary building and shooting wildly. All of those shot were civilians. The gunman was found dead on Friday, with the FBI and state agencies investigating. Jason Allen has more.
Midland gunman was on the run before shooting
At least one person is dead, and 10 others are injured after a gunman opened fire in Midland, Texas, on Friday. The shooter died after a standoff with police. CBS News correspondent Jason Allen reports.
Relative blames parents in cruise killing
Timothy Hudson, 16, has been charged with the death and sexual assault of his stepsister, Anna Kepner, who was on a Carnival cruise ship with her family when she was killed. Hudson's step-grandmother, Sonya Ziske, spoke to CBS News about Kepner's death, blaming parental irresponsibility as a major factor. CBS News' Cristian Benavides reports.
Space
More Space
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
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.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
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.
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.
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.
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?
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
More Latest CBS News Videos
Latest CBS News Videos
Man bikes 1,200 miles for World Cup match
A 22-year-old business student from Japan is biking from Pittsburgh to Dallas to see his home team play in the World Cup. KXII-TV reporter Austin Hedgcoth has the story.
6/13: Saturday Morning
The White House is readying for Sunday's UFC event as questions remain over peace negotiations with Iran. Plus, the U.S. dominated Paraguay 4-1 in the team's first World Cup game.
The Dish: Rye Bunny
Jon Sybert and Jill Tyler opened up Rye Bunny in the Adams Morgan neighborhood of Washington, D.C., after closing their acclaimed Michelin-starred restaurant, Tail Up Goat, when its lease ended. "CBS Saturday Morning" goes inside one of the city's most popular spots for an experience akin to a dinner party.
Two friends tell stories of sports fandom
Sportswriter Joe Posnanski and television writer Michael Schur were brought together by their love of sports, so they decided to travel around the world to collect more stories of fandom. The two sit down with "CBS Saturday Morning" to discuss their book, "Big Fan: Two Friends, 82,490 Miles, and the Wild, Wonderful Sports We Love."
Full Interview: Jahmani "Hot Shot" Swanson
Jahmani Swanson, known as "Hot Shot" sat down with "CBS Saturday Morning" to talk about playing for the Harlem Globetrotters as the organization celebrates its 100th anniversary.