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The U.S. added 431,000 jobs in March as the unemployment rate dropped to 3.6%. Friday's jobs report also showed wages grew 5.6% in the past year. Sarah House, a senior economist at Wells Fargo, joined CBS News after the closing bell on Wall Street to discuss what this signals for the future of the U.S. economy.
Cryptocurrency trading platform Coinbase has lost half its value in the past week as bitcoin and other digital coins continue to plummet. Ryan Belanger, founder and managing principal of Claro Advisors, joined CBS News' Tanya Rivero to discuss.
The rising cost of consumer goods coupled with the stock market's decline is taking a devastating toll on Americans' retirement plans. This year's sell-off erased more than $3 trillion in value in retirement savings alone. John Leer, chief economist at Morning Consult, spoke with CBS News' Michelle Miller and Elaine Quijano about the affect on Americans' retirement plans.
The S and P 500 has had its worst four-month start to the year since 1939. William Huston, founder and chief investment officer of Bay Street Capital Holdings, joined CBS News' Tanya Rivero to discuss how concerned investors should be.
Gas prices reached another record high Friday. Plus, the U.S. is seeing a shortage of diesel that could spell trouble in the summer months. Tom Kloza, head of energy analysis at the Oil Prices Information Services, joins CBS News to discuss rising gas prices and what drivers can expect in the coming months.
Stock markets tumbled a day after the Federal Reserve announced an interest rate hike to combat inflation. Gargi Chaudhuri, head of iShares Investment Strategy, Americas at Blackrock, joins CBS News' Tanya Rivero and Mola Lenghi to break down the trading day and the Fed's decision.
The manufacturing sector reported Wednesday it boosted production in May. Also, major stock indexes ended the month with slight gains. But investors and some financial experts are still fearful of a recession. Yahoo Finance reporter Alexandra Semenova joined CBS News after the closing bell on Wall Street to discuss why there are warnings of a possible recession despite positive signs in the economy.
Sarah Henry, managing director and portfolio manager at Logan Capital Management, joins CBS News at the closing bell on the New York Stock Exchange to break down what's driving the market, and how inflation is impacting consumers.
The Federal Reserve announced a 0.25% interest rate hike -- the first increase since 2018. The Wall Street Journal's chief economics correspondent Nick Timiraos, author of "Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster," joins CBS News to explain what this means for American consumers.
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
The Dow Jones saw its biggest point loss in a single day since the pandemic began. Robert Schein, chief investment officer at Blanke Schein Wealth Management, joins CBS News at the closing bell to break down the day of losses on Wall Street.
Millions of American's are losing money in their 401K as stocks fall. Frances Stacy, director of strategy at Optimal Capitol, joins CBS News with advice on how to protect your retirement funds.
Stock markets tanked early Friday after news that May's Consumer Price Index rose more than economists expected. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joined CBS News to discuss the market's reaction to rising inflation.
The Dow Jones Industrial Average recorded its worst day since October 2020 on Friday. Christine Benz, the director of personal finance at Morningstar, joins CBS News' Tanya Rivero to discuss.
William Power, features editor for The Wall Street Journal, joined CBS News' Tanya Rivero to discuss the bear market at the close of the market Tuesday.
All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
The stock market closed down on the day President Biden announced sanctions, saying the Russian invasion of Ukraine was underway. Steve Odland, CEO of The Conference Board and the former CEO of Office Depot and Autozone, joins CBS News to discuss the impact the Russia-Ukraine conflict is having on the markets and the impact on consumer confidence.
Peter Morici, professor at the Robert H. Smith School of Business at the University of Maryland, joins CBS News' Tanya Rivero and Mola Lenghi to discuss today's stock market activity, as well as the significance of Tesla's record profit during its first quarter.
Stock indexes were down a bit Monday, on the heels of the announcement that Senate Democrats have reached a deal on a climate change and tax bill. Washington Post business reporter Evan Halper joins CBS News to discuss how this new spending package aims to help the U.S. economy move forward.
CBS News' Tanya Rivero and Mola Lenghi discussed what moved stocks Tuesday with Steve Odland, CEO of The Conference Board. They also discussed the group's latest survey results, which found that consumer confidence improved from February to March even as consumers' expectations for the next six months declined.
U.S. stocks ended in positive territory after the release of the latest GDP numbers and the Federal Reserve's decision to raise interest rates. Bankrate.com chief financial analyst Greg McBride joined CBS News' Christina Ruffini and Tanya Rivero to discuss.
In MoneyWatch, the stock market fell following the release of the Labor Department's March Consumer Price Index. Consumer prices rose 1.2% last month, up 8.5% from the same time last year. Matt Stucky, a senior portfolio manager at Northwestern Mutual Wealth Management, joins CBS News with more on the impact.
Tech stocks have plunged in the past month after some disappointing earnings reports. The decline is hammering many people's retirement savings plans. Joseph Zappia, a principal and co-chief investment officer of LVW Advisors, joined CBS News' Tony Dokoupil and Tanya Rivero to discuss.
U.S. stocks fell sharply on Thursday, pushing the Dow Jones below 30,000 for the first time since January 2021. Meanwhile, mortgage rates had their biggest one-week jump in 35 years after the Federal Reserve hiked interest rates to tame inflation. Bartie Scott, a senior economy editor for Business Insider, joins Carter Evans to discuss.
The Federal Reserve on Wednesday announced its largest interest rate hike since 1994, in an effort to combat historic inflation. Matthew Luzzetti, a senior economist at Deutsche Bank, joins CBS News to discuss how the move is impacting the stock market.
Iran says Israel is violating the ceasefire deal President Trump announced, and Tehran appears to still have control over shipping in the Strait of Hormuz.
Wednesday's briefing came after President Trump announced late Tuesday that he had agreed to "suspend the bombing and attack of Iran for a period of two weeks."
Gilgo Beach serial killer Rex Heuermann pleaded guilty to seven counts and admitted guilt in the death of an eighth woman.
Former Attorney General Pam Bondi will not appear before the House Oversight Committee next week to answer questions about Jeffrey Epstein, the panel said.
The Office of Personnel Management is asking insurers that cover federal employees and retirees to hand over details about their medical visits, their pharmacy claims, and more.
In September, Jasveen Sangha pleaded guilty to several federal drug-related charges.
Investors cheered the announcement of a two-week ceasefire, which President Trump said is contingent on the reopening of the Strait of Hormuz.
Lynette Hooker's daughter, Karli Aylesworth, described her mother as an experienced swimmer who has been sailing for over 10 years.
A CBS News investigation found one Los Angeles County hospice physician's name, Dr. Rajiv Bhuva, on Medicare claims for nearly 2,800 patients across 126 hospices in a single year.
Many brands are turning to AI to advertise their products. Others are rejecting the technology, pledging to lean into "real" images.
With astronauts closing out on-board tests, flight controllers are prepping for re-entry and splashdown Friday.
Molly Miller and Colt Haynes were last seen on July 7, 2013, and spoke to friends the next morning before vanishing.
What began as a search for one missing woman — Shannan Gilbert — led to multiple bodies and the capture of Rex Heuermann.
Former Attorney General Pam Bondi will not appear before the House Oversight Committee next week to answer questions about Jeffrey Epstein, the panel said.
Many brands are turning to AI to advertise their products. Others are rejecting the technology, pledging to lean into "real" images.
Cameras on some Chevrolet Malibus can display blank or distorted images, posing a risk to drivers, according to safety regulators.
Many employees expect to retire later as mounting expenses strain budgets, while others hunker down at work as part of the "great stay."
Investors cheered the announcement of a two-week ceasefire, which President Trump said is contingent on the reopening of the Strait of Hormuz.
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
The head of the Environmental Protection Agency on Wednesday defended his decision to repeal the legal determination that serves as the basis for federal rules to slow climate change.
Vice President JD Vance visited Hungary to show support for Prime Minister Viktor Orbán, a self-proclaimed proponent of "illiberal democracy."
Former Attorney General Pam Bondi will not appear before the House Oversight Committee next week to answer questions about Jeffrey Epstein, the panel said.
Gen. Dan Caine, chairman of the Joint Chiefs of Staff, said the U.S. military has consumed nearly 1 million gallons of coffee and an unspecified amount of nicotine.
Wednesday's briefing came after President Trump announced late Tuesday that he had agreed to "suspend the bombing and attack of Iran for a period of two weeks."
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.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
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.
"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.
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
"All of this was thanks to the work of the dog," said the commander of the Canine Operations Battalion. "It wasn't based on intelligence."
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Vice President JD Vance visited Hungary to show support for Prime Minister Viktor Orbán, a self-proclaimed proponent of "illiberal democracy."
Wednesday's briefing came after President Trump announced late Tuesday that he had agreed to "suspend the bombing and attack of Iran for a period of two weeks."
Iran says Israel is violating the ceasefire deal President Trump announced, and Tehran appears to still have control over shipping in the Strait of Hormuz.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Halle Bailey and Regé-Jean Page join "CBS Mornings" to talk about starring in the new romantic comedy "You, Me & Tuscany." The two discuss what it was like to shoot in Italy, preparing for their roles and how it's a renaissance for romantic comedies.
Billy Idol speaks with Anthony Mason about his music career, his life, his stage persona and more.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
Marcus Mumford, Ben Lovett and Ted Dwane, members of Mumford & Sons, talk to Anthony Mason about their new album, "Prizefighter," moving forward without Winston Marshall in the band and their upcoming tour.
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
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.
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.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
"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."
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
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.
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.
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.
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
"All of this was thanks to the work of the dog," said the commander of the Canine Operations Battalion. "It wasn't based on intelligence."
Rex Heuermann pleaded guilty Wednesday to killing seven women between 1993 and 2011 and admitted he killed an eighth in what came to be known as the Gilgo Beach serial killings. CBS News' Tom Hanson has more.
Rex Heuermann, the man charged with several counts of murder in the Gilgo Beach killings probe, pleaded guilty in court on Wednesday. CBS News' Tom Hanson has more.
What began as a search for one missing woman — Shannan Gilbert — led to multiple bodies and the capture of Rex Heuermann.
The man accused of killing seven women between 1993 and 2011 is expected to change his plea in court on Long Island. CBS News' Jarred Hill has more.
With astronauts closing out on-board tests, flight controllers are prepping for re-entry and splashdown Friday.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
The crew of NASA's Artemis II mission captured a new image of the far side of the moon, which the agency released Sunday.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
White House press secretary Karoline Leavitt took questions Wednesday about the ceasefire agreement between the U.S. and Iran, shedding light on negotiations between the two countries that will take place this weekend in Islamabad, Pakistan. Following the briefing, CBS News' Ed O'Keefe provided more insight.
Retired U.S. Army major and military analyst Mike Lyons joins CBS News 24/7 to break down some of the key negotiation points of the two-week ceasefire agreement between the U.S. and Iran.
President Trump has announced a ceasefire with Iran, but several questions remain about a long-term diplomatic solution to the fighting in the Middle East. CBS News' Natalie Brand and
Rex Heuermann pleaded guilty Wednesday to killing seven women between 1993 and 2011 and admitted he killed an eighth in what came to be known as the Gilgo Beach serial killings. CBS News' Tom Hanson has more.
Iranian state media said Wednesday that tanker traffic through the Strait of Hormuz is "suspended" over Israeli's continued attacks against Hezbollah in Lebanon. CBS News senior foreign correspondent Imtiaz Tyab has more.