Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Stock Market
Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones Industrial Average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.
Why are GameStop shares on the rise again?
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
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.
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.
Live
U.S. carries out more Iran strikes as threats to oil trade deepen
President Trump threatened to bomb an Iranian bridge or power plant for every ship attacked in the Strait of Hormuz, as one shipping insider says "nothing is going through."
House GOP advances $95B plan to fund Iran war and SAVE America Act
House Republicans adopted a budget resolution that kickstarts the party-line reconciliation process. It now heads to the Senate, where it'll face an uphill battle.
Secret Service warns of high threat levels before White House Correspondents' Dinner
Secret Service officials warned nationwide threats have reached an unprecedented level since January, nearly 40% higher than during the same period last year.
Amish Shah projected to win Arizona's 1st District Democratic primary
Democrat Amish Shah will be up against Republican Jay Feely in Arizona's 1st Congressional District in November.
Council handpicked by Trump to gut review process of historic-preservation projects
The Advisory Council for Historic Preservation, whose members were mostly handpicked by President Trump, is poised to end mandatory state review and public comment on projects affecting historical properties.
House passes bill to limit stock purchases by members of Congress
The Stop Insider Trading Act would prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks.
Tropical Storm Bertha makes landfall on Gulf Coast. See its path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Nolan Wells' cause of death undetermined, family's autopsy shows
Nolan Wells, 18, was found dead just off Horn Island in Mississippi after enjoying a day out with friends on July 4.
Lung cancer in nonsmokers: "A women's health crisis"
Lung cancer is the leading cause of cancer death in American women — and a growing share of new cases are in women who've never smoked.
U.S.
More U.S.
Man shot and killed by police in Madison, Wisconsin, sparking protests
Madison's chief of police says an officer in Wisconsin's capital city shot and killed a man who had injured him with a knife while resisting arrest.
House committee urges DOJ to charge former Trump prosecutor Jack Smith
The GOP chair of the House Judiciary Committee encouraged the DOJ to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress.
Amish Shah projected to win Arizona's 1st District Democratic primary
Democrat Amish Shah will be up against Republican Jay Feely in Arizona's 1st Congressional District in November.
National Guard deployed after West Virginia flash floods dump 7 inches of rain
Torrential rains in West Virginia have caused flash flooding that inundated homes and businesses this week.
Secret Service warns of high threat levels before White House Correspondents' Dinner
Secret Service officials warned nationwide threats have reached an unprecedented level since January, nearly 40% higher than during the same period last year.
MoneyWatch
More MoneyWatch
House passes bill to limit stock purchases by members of Congress
The Stop Insider Trading Act would prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks.
Pastor sues OpenAI alleging ChatGPT's medical advice nearly killed him
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
What Trump's generic drug tariffs could mean, according to experts
Health policy experts say higher import duties could increase costs and strain supplies while offering no guarantee manufacturers will shift production to the U.S.
"Nothing is going through" the Strait of Hormuz, shipping insider says
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
Kalshi debuts a midterm election hub to predict race outcomes
The site claims its hub will provide accurate insights into election outcomes based on traders' bets.
Politics
More Politics
House committee urges DOJ to charge former Trump prosecutor Jack Smith
The GOP chair of the House Judiciary Committee encouraged the DOJ to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress.
Amish Shah projected to win Arizona's 1st District Democratic primary
Democrat Amish Shah will be up against Republican Jay Feely in Arizona's 1st Congressional District in November.
Mayor who survived assassination attempt shot dead in town hall
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
Secret Service warns of high threat levels before White House Correspondents' Dinner
Secret Service officials warned nationwide threats have reached an unprecedented level since January, nearly 40% higher than during the same period last year.
Council handpicked by Trump to gut review process of historic-preservation projects
The Advisory Council for Historic Preservation, whose members were mostly handpicked by President Trump, is poised to end mandatory state review and public comment on projects affecting historical properties.
HealthWatch
More HealthWatch
HealthWatch
Pastor sues over ChatGPT medical advice
A pastor in Florida is suing OpenAI after he used ChatGPT for medical advice and received suggestions that he claims caused him to delay necessary treatment. Jo Ling Kent reports.
Pastor sues OpenAI alleging ChatGPT's medical advice nearly killed him
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
What Trump's generic drug tariffs could mean, according to experts
Health policy experts say higher import duties could increase costs and strain supplies while offering no guarantee manufacturers will shift production to the U.S.
FDA recalls antihistamine tablets. Here are the affected products.
A generic version of the allergy medication Zyrtec is under recall across the U.S. over cross-contamination concerns.
Lung cancer in nonsmokers: "A women's health crisis"
Lung cancer is the leading cause of cancer death in American women — and a growing share of new cases are in women who've never smoked.
World
More World
Mayor who survived assassination attempt shot dead in town hall
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
First beluga whales from Marineland arrive in Texas as rescue underway
Two beluga whales settled into their new home at SeaWorld San Antonio this week following an international relocation mission from shuttered Canadian theme park Marineland.
5,700 more deaths than usual recorded in France during heat wave
France experienced at least 5,700 more deaths than usual during a historic heat wave last month, according to the public health agency.
"Nothing is going through" the Strait of Hormuz, shipping insider says
Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.
U.S. and Saudi Arabia sign nuclear cooperation deal
The U.S. and Saudi Arabia signed a deal for U.S. companies to run nuclear power on Saudi soil, the U.S. Department of Energy announced Wednesday.
Entertainment
More Entertainment
Entertainment
Luke Bracey on "Little House on the Prairie"
Luke Bracey tells "CBS Mornings" the new "Little House on the Prairie" series was adapted from the books rather than a reboot of the TV show. He explains why he thinks it resonates with people today and how a playlist helped him and a co-star bond over their characters.
Anson Mount previews new "Star Trek" season
Anson Mount previews the fourth season of "Star Trek: Strange New Worlds." He talks about his introduction to "Star Trek" and why he thinks it's the best season yet.
Tenisha Warner, widow of Malcolm-Jamal Warner, opens up about being a single mom
Tenisha Warner sat down for an exclusive interview with "CBS Mornings" before a lawsuit over her late husband's estate became public, and discussed her grief and raising her daughter alone.
Inside the cameras used for "The Odyssey"
Christopher Nolan's "The Odyssey" has made history as the first feature-length film shot entirely on 70mm IMAX cameras. Jay Holben, technical editor for the American Cinematographer, joins CBS News to discuss.
Kaylee Hottle, actress in "Godzilla vs. Kong," dies at 18 in car crash
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
Technology
More Technology
Technology
Details on OpenAI system's unprompted hack
ChatGPT developer OpenAI says its artificial intelligence systems hacked into another AI company without prompting. Connor Leahy, U.S. director for ControlAI, joins CBS News to discuss.
Machine learning professor on OpenAI attack
OpenAI, the developer behind ChatGPT, says one of its artificial intelligence models went rogue and hacked another AI company. Neil Lawrence, professor of machine learning at the University of Cambridge, joins to assess the claim.
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 tech could help millions of paralyzed people
New findings identified a technology that could restore movement and sensation for millions of paralyzed people living with spinal cord injuries. Bradley Blackburn has the story.
OpenAI says new model hacked on its own
OpenAI says its new artificial intelligence model hacked another company on its own in what the company called "an unprecedented cyber incident." Mashable tech editor Tim Werth joins CBS News to discuss.
Science
More Science
Science
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Crime
More Crime
Man shot and killed by police in Madison, Wisconsin, sparking protests
Madison's chief of police says an officer in Wisconsin's capital city shot and killed a man who had injured him with a knife while resisting arrest.
Pastor sues over ChatGPT medical advice
A pastor in Florida is suing OpenAI after he used ChatGPT for medical advice and received suggestions that he claims caused him to delay necessary treatment. Jo Ling Kent reports.
Rocket launcher hoax shakes LaGuardia
A Delta Airlines pilot coming in to land a flight with more than 100 people on board faced terrifying moments over LaGuardia Airport on Tuesday night after an anonymous caller falsely reported a rocket launcher on the ground. Tom Hanson has the story.
Florida police fire at homicide suspect's car
Florida police fired a barrage of bullets at a vehicle belonging to a man wanted in the killing of a mother of four after he led them on a wild car chase. The suspect was taken into custody. Cristian Benavides has more.
Details from Nolan Wells' independent autopsy
An independent autopsy for Nolan Wells, the Mississippi teen who was found dead after a July Fourth boat party, has been released. Skyler Henry reports.
Space
More Space
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
Latest Galleries
More Latest Galleries
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.
Photos show 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.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Man embraces remote work
A California man is taking advantage of remote work with viral office settings that are attracting fans, critics, and thousands of views. Gwen Baumgarder joined him for a workday at the ballpark.
New research on coffee and heart health
When it comes to heart health.. how many cups of caffeinated coffee are safe to drink each day? A new statement from the American Heart Association may be reassuring to coffee drinkers. Gwen Baumgardner has more.
Expert on cyclospora and the supply chain
Julie Swann, head of the department of industrial and systems engineering at North Carolina State University, joins "The Daily Report" to discuss the tracking and tracing underway as the U.S.' cyclosporiasis outbreak surpasses 4,000 cases.
Flooding in Louisiana after Bertha landfall
Forecasters say Tropical Storm Bertha will move over New Orleans on Wednesday night and then continue toward Houston. CBS News' Lana Zak and Zoe Mintz have the latest on the storm's impact.
Remembering the 4 recently fallen U.S. troops
A dignified transfer was held Wednesday for the four U.S. Army soldiers killed in the Middle East in recent days amid the ongoing war with Iran. Lindsey Reiser shares more details on Lt. Tyler James Feehan, Pvt. Isabella Gonzales, Sgt. Angel Rampersad and Sgt. Michael Emmanuel Swinton.