Stocks soar on latest signs that inflation is slowing
Wall Street jumped after a government report showed U.S. inflation slowed more in November than analysts had expected.
Stock Market
Pace of U.S. wage growth slows
The pace of wage growth has shown signs of losing steam as investors look closely at the labor market and how it could affect the Federal Reserve's decision on interest rates. Erica Pandey, business reporter for Axios, joins CBS News' Lilia Luciano on why wages are rising at a slower rate.
Investors anticipate Fed meeting next week
The Federal Reserve is meeting next week to decide on interest rate hikes. Geetu Sharma, founder and investment manager of AlphasFuture, discussed the state of the stock market.
Analyzing inflation, stocks, cryptocurrency
According to the Bureau of Labor Statistics' Producer Price Index that was released today, the prices of wholesale goods in the U.S. rose 0.3% for the month of November. Meanwhile, investors are trying to remain optimistic about the stock market heading into 2023. CBS News contributor and Axios managing editor of business and markets Javier David joins us to discuss.
China's new COVID policy may aid supply chain
As Wall Street anticipates next week's Federal Reserve meeting, the market may have caught a break as China began to ease its strict "zero-COVID" policies. David Bahnsen of The Bahnsen Group joins CBS News to discuss why some investors are bullish on the effect of China's new policy.
Stocks fall as strong data suggests difficult inflation fight
"It's more of that 'good news is bad news,'" said Tom Martin, senior portfolio manager at Globalt Investments.
Stock market slides after jobs report
The U.S. added more than 260,000 jobs in November despite the Federal Reserve's efforts to cool off the economy by raising interest rates. J.D. Durkin, host of "TheStreet," joins CBS News from the floor of the New York Stock Exchange to discuss investors' reaction to the new report.
Stock market mixed after strong hiring data fans inflation worries
Stronger-than-expected wage data raised expectations Fed hikes will be more aggressive to get inflation under control.
Is the market out of bear territory? It's complicated.
The Dow Jones Industrial Average soared out of a bear market this week. But other indices are still lagging.
Consumer confidence declines in November
Consumer confidence declined for a second straight month in November. Steve Odland, president and CEO of the Conference Board, joins CBS News to discuss what the latest Consumer Confidence Index means for the U.S. economy.
Policies in China impact stock market
Worker protests and COVID lockdowns in China are causing major issues for Apple, and that's spilling over into other parts of the stock market. Dan Ives, managing director at Wedbush Securities, joins CBS News at the closing bell to discuss.
Stocks rise on cooler-than-expected inflation data
Investors were fueled by hopes that cooling prices could influence Federal Reserve ahead of its December meeting.
Markets fall sharply amid recession fears
It was another disappointing week for the stock market with all major indices in the red. CBS News' Catherine Herridge speaks with Yahoo Finance reporter Alexandra Semenova about what we might expect in the coming weeks.
Wall Street closes lower after brutal week
It has been a trying week for the stock market and investors, with all major indices in the red on Friday. Hope King, business reporter for Axios, discusses what may be coming next, and how you can protect your money.
U.S. stocks fall after September jobs report
The stock market tumbled Friday after a stronger-than-expected September jobs report, creating fears among investors that it could lead to yet another rate hike by the Federal Reserve. Colby Smith, U.S. economics editor for the Financial Times, joined Catherine Herridge to discuss what the report could mean to the U.S. economy.
Inflation showed signs of slowing in October
According to a monthly report released by the Labor Department Thursday, the consumer price index rose 7.7% from October 2021 to October 2022, an indication that inflation may finally be easing. Lori Bettinger, president of BancAlliance, joined John Dickerson to discuss the latest inflation data, and what it means for the economy.
Dow surges on lower inflation report
Markets surged Thursday as investors cheered the lower-than-expected October Consumer Price Index. John Leer, chief economist at Morning Consult, joins CBS News' Lana Zak and Errol Barnett to discuss the potential impact on interest rates and the overall economic outlook.
U.S. consumer prices rose
The consumer price index rose 7.7% in October from a year earlier. Javier David, managing editor for business and markets at Axios, joined CBS News' Anne-Marie Green and Nancy Chen with a look at how the markets are reacting.
Crypto market tumbles as Binance exits FTX deal
The world's largest cryptocurrency firm Binance has pulled out of a deal to save its rival FTX, triggering panic selling in the markets. Jennifer Schonberger, a senior reporter for Yahoo Finance, joined John Dickerson to discuss what's going on with the crypto market.
Stock market falls as midterm results come in
The stock market fell more than 600 points on Wednesday, erasing Tuesday's gains. Managing Director of Wedbush, Dan Ives, joins CBS News to discuss the markets' reaction, the recent fall in demand for mortgages, and tomorrow's Consumer Price Index report.
U.S. stocks tumble with election results still up in the air
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
Stocks rise ahead of Election Day
The Dow Jones rose more than 420 points on Monday ahead of Election Day. Kristin Myers, editor-in-chief of "The Balance," joins CBS News to discuss what she expects and the trends we've historically seen have following the midterms.
Amazon pauses corporate hiring
Amazon announced it's pausing hiring for corporate positions in a move to try to cut costs amid concerns about a potential recession. Meanwhile, mortgage rates fell below 7% this week, but they're still higher than they were last year. CBS News anchors Lana Zak and Errol Barnett spoke with Lindsay Owens, executive director of Groundwork Collaborative, about where the U.S. economy stands.
Stocks plummet after Fed signals more rate hikes ahead
"Hawkish" policy statement from Fed leads investors to abandon hope of easing rate increases.
Uber set to release third-quarter earnings
Uber is set to release its earnings report for the third quarter on Tuesday. Dan Ives, managing director of Wedbush Securities, joined CBS News to discuss what the report could mean about the status of the economy and a Labor Department proposal to reclassify ride-hailing workers as employees.
Live
Iran not interested in deal that "makes sense" for U.S., Kushner says
The president's son-in-law and envoy said Trump is focused on exerting economic pressure on Tehran.
Florida voters choosing in governor, Senate primaries, and more races to watch
Three states are holding primaries on Tuesday, with Florida deciding their nominees for both governor and for Senate.
DOJ asks court to reinstate criminal charges against Abrego Garcia
In May, a federal judge dismissed a criminal indictment against Abrego Garcia, who had been accused of smuggling immigrants in the U.S. illegally.
Judge blocks plan to move FBI headquarters to Reagan Building
U.S. District Judge Theodore Chuang ruled that the Trump administration's move to divert funding and cancel a plan to move the FBI to Maryland was "arbitrary and capricious and not in accordance with law."
Baby with heart defect at center of surrogate dispute receives first surgery
The baby was born with hypoplastic left heart syndrome, which requires a series of surgeries. The parents had asked the surrogate to get an abortion when they learned of the diagnosis.
Tupac Shakur was murdered in "act of revenge," prosecutor tells jury
The long-unsolved drive-by shooting gripped the hip-hop community, partly because no one was charged until Duane "Keffe D" Davis was indicted in 2023.
Penn State frat brothers charged with running cocaine trafficking ring
Two Penn State fraternities are at the center of a cocaine trafficking ring bust, leading to charges against 14 people, authorities said.
Homes destroyed by mudslide brought by Lala on Hawaii's Big Island
"The boulders that were coming down were so heavy they were like shaking the ground," resident Alice Birnbaum told CBS News.
Hayden Panettiere remembered by co-stars and friends after her death
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
U.S.
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DOJ asks court to reinstate criminal charges against Abrego Garcia
In May, a federal judge dismissed a criminal indictment against Abrego Garcia, who had been accused of smuggling immigrants in the U.S. illegally.
Homes destroyed by mudslide brought by Lala on Hawaii's Big Island
"The boulders that were coming down were so heavy they were like shaking the ground," resident Alice Birnbaum told CBS News.
Judge blocks plan to move FBI headquarters to Reagan Building
U.S. District Judge Theodore Chuang ruled that the Trump administration's move to divert funding and cancel a plan to move the FBI to Maryland was "arbitrary and capricious and not in accordance with law."
Key moments from the Lindsay Clancy trial as the defense starts to make its case
Lindsay Clancy has pleaded not guilty to murdering her children, but her attorneys don't deny that she caused the deaths of 5-year-old Cora, 3-year-old Dawson and 8-month-old Callan.
Baby with heart defect at center of surrogate dispute receives first surgery
The baby was born with hypoplastic left heart syndrome, which requires a series of surgeries. The parents had asked the surrogate to get an abortion when they learned of the diagnosis.
MoneyWatch
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Stellantis recalls nearly 850,000 vehicles over rearview camera issue
The car manufacturer is also recalling another 107,000 vehicles outside the U.S. over the same issue.
Has your license plate been tracked by Flock? Here's how to check.
The website HaveIBeenFlocked has compiled a database of 4.6 million license plate records that have appeared in roughly 242 million Flock searches.
Trump family crypto firm granted conditional approval to establish a bank
The plan has sparked criticism from Democrats, who argue that granting bank status to a business affiliated with the Trump family poses a conflict of interest.
CBS News poll on whether Democrats split over socialism
Americans think more young people in office would make politics better.
Hormuz chaos highlights risks for other global trade chokepoints
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
Politics
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Florida voters choose in governor, Senate primaries, and more races to watch
Three states are holding primaries on Tuesday, with Florida deciding on nominees for both governor and for Senate.
DOJ asks court to reinstate criminal charges against Abrego Garcia
In May, a federal judge dismissed a criminal indictment against Abrego Garcia, who had been accused of smuggling immigrants in the U.S. illegally.
Judge blocks plan to move FBI headquarters to Reagan Building
U.S. District Judge Theodore Chuang ruled that the Trump administration's move to divert funding and cancel a plan to move the FBI to Maryland was "arbitrary and capricious and not in accordance with law."
House Ethics investigating Rep. Gomez for alleged sexual misconduct
The allegations include "engaging in inappropriate sexual contact with a House staffer," according to the committee.
Trump welcomes 16-year-old lifeguard and boy he rescued to the Oval Office
President Trump praised lifeguard Ryder Williams for his bravery, saying his rescue of a 10-year-old boy in treacherous waters was "incredible."
HealthWatch
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School vaccination rates inch down again to record low
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
RFK Jr.'s hunt for autism culprits stalls amid Trump's baseless vaccine order
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Mom-to-be had 2 signs of rare complication: "Everything kept getting worse"
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
My husband was kicked out of hospice. Here's what I learned.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Whole Foods recalls some jalapeño products over salmonella risk
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
World
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Live
Iran not interested in deal that "makes sense" for U.S., Kushner says
The president's son-in-law and envoy said Trump is focused on exerting economic pressure on Tehran.
Senior Israeli official calls for killing of "30 to 40" Gazans every night
Israel's far-right national security minister Itamar Ben-Gvir calls for nightly "targeted assassinations" in Gaza: "They're not even people."
CENTCOM commander tries to ease concerns about USS Abraham Lincoln
President Trump and Defense Secretary Pete Hegseth have disputed concerns about conditions aboard the aircraft carrier USS Abraham Lincoln.
BBC asks court to subpoena Trump family members for defamation defense
After failing to deliver subpoenas itself, the BBC has asked a Florida court to compel three of President Trump's family members to testify over the Jan. 6 attack on the Capitol.
Thousands waiting for help as Indonesia earthquake death toll nears 70
Thousands of people are still waiting for aid on Indonesia's Flores island days after a powerful earthquake killed at least 68 people.
Entertainment
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Entertainment
Hollywood grieves Hayden Panettiere
With no signs of foul play or trauma, authorities said the investigation into actor Hayden Panettiere's death is just beginning. The former child star was on "Guiding Light" and also had breakout roles in "Heroes" and "Nashville." She died at 36 years old. Mark Strassmann reports.
First witnesses speak in Tupac murder trial
Opening statements were delivered in Tupac Shakur's long-awaited murder trial on Monday. Nearly 30 years ago, the iconic rapper was killed in a drive-by shooting in Las Vegas, a pivotal moment in music history. CBS News legal reporter Katrina Kaufman reports.
Extended interview: Becky G
Becky G speaks with Gayle King about the latest developments in her career, her new music, the intersection of advocacy and art in her latest videos and more.
Opening statements in Tupac Shakur murder trial
The trial has begun for the man accused of ordering the 1996 murder of Tupac Shakur, Duane "Keffe D" Davis. CBS News legal reporter Katrina Kaufman has more.
Hayden Panettiere remembered by co-stars and friends after her death
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
Technology
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Technology
How this school uses AI instead of teachers
Alpha School is a private school that teaches students subjects like math and reading with artificial intelligence apps. Mackenzie Price, co-founder of Alpha School, joins CBS News to discuss.
States crack down on misleading home listings
More home listings are using AI to add furniture, repaint walls, spruce up landscaping and even add windows. But when does virtual staging cross the line into deception or even fraud? CBS News' Evyn Moon explores.
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.
The iNaturalist app – Mixing science with fun
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species. (Originally broadcast March 22, 2026.)
The silent spy game orbiting above Earth's skies
Above Earth's atmosphere, an arms race is unfolding. Thousands of miles above the ground, satellites from different companies and nations are observing us and each other. To learn more, Olivia Gazis traveled to Vantor, a Colorado-based satellite technology company.
Science
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A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Astronomy professor on how eclipses work
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Crime
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Crime
Search for retiree who disappeared in Vegas
After a 63-year-old woman in Las Vegas didn't return from a trip to the drugstore, her family said they started getting text messages from the woman's phone. The family spoke with Nicole Valdes.
Lindsay Clancy's mom and sister testify
The defense began its work on Monday in the case of Lindsay Clancy, the Massachusetts woman on trial for killing her three children. Her mother and sister took the stand and Shanelle Kaul has the details.
14 charged in alleged Penn State cocaine ring
Thirteen former and current Penn State students, and one student's father, are facing charges related to an alleged cocaine ring. Prosecutors allege drugs were cut and packaged at two frat houses, sometimes by pledges. Michael George reports.
First witnesses speak in Tupac murder trial
Opening statements were delivered in Tupac Shakur's long-awaited murder trial on Monday. Nearly 30 years ago, the iconic rapper was killed in a drive-by shooting in Las Vegas, a pivotal moment in music history. CBS News legal reporter Katrina Kaufman reports.
Key moments from the Lindsay Clancy trial as the defense starts to make its case
Lindsay Clancy has pleaded not guilty to murdering her children, but her attorneys don't deny that she caused the deaths of 5-year-old Cora, 3-year-old Dawson and 8-month-old Callan.
Space
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New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Perseid meteor shower reaches peak viewing on Wednesday night
The Perseid meteor shower is the best viewing all year, according to NASA.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
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.
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
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The Death of the Summer Job
Jill and Mark reflect on their teenage summer jobs as teen employment hits its lowest level since the summer of 1948. What will become of American adolescence without those formative experiences scooping ice cream and lifeguarding? Then, Katelyn asks how her college-bound oldest son can begin investing. Plus: Jill and Mark explore the delicate dynamics of loaning money to friends and how a financial favor can change a relationship.
Hawaii begins cleanup process after Lala
Lala battered Hawaii as a hurricane, bringing heavy rain, damaging winds and mudslides. CBS News' Jonathan Vigliotti has more.
Blanche and DOJ independence from White House
Attorney General Todd Blanche is refusing to put up a wall between the Justice Department and the executive branch. CBS News legal contributor Jessica Levinson has more.
Status of Iran war, 60 days after MOU
It has been 60 days since the U.S. and Iran signed a memorandum of understanding that called for negotiations to reach a larger peace deal. Despite that, the war continues. CBS News national security contributor Joseph Zacks has more.
Lightning strike causes gas tanks to explode
Lightning struck a natural gas tank south of Tulsa, Oklahoma, sparking a massive fire that spread to nearby tanks. Jason Allen has new developments.