Stocks plunge to lowest levels since 2020 on aggressive rate hikes
Investors continue to worry that Fed could hit brakes on economy too hard and cause a recession.
Stock Market
11/30: Red and Blue
Omicron COVID-19 variant creates uncertainty across markets; Barbados becomes world's newest republic
Recession fears mount as stocks fall sharply
"It is very likely that we are going to have a recession," said UC Berkeley economist James Wilcox.
Stocks plunge, dragging Wall Street toward another down week
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
Dow drops below 30,000 points
The Dow Jones Industrial Average dropped below 30,000 Friday for the first time since 2020. Javier David, managing editor of business and markets at Axios, joined CBS News to discuss the volatile market.
Stock market reacts to Fed interest rate hike
Stocks fell sharply Wednesday when the Federal Reserve announced it was raising interest rates again another 75 basis points. Liz Young, head of investment strategy at SoFi, joined CBS News to discuss what the Fed's announcement means for the future of the U.S. economy.
Stocks tumble on Wall Street as Fed escalates inflation fight
Fed raised key interest rate by three-quarters of a percentage point and signaled it plans to keep rates higher longer.
Stocks in flux ahead of Fed meeting
The Federal Reserve has twp-day meeting starting Tuesday and economists are preparing for another interest rate hike to come out of it. Saira Malik, chief investment officer of Nuveen, joins CBS News at the closing bell to discuss what is driving the market.
Stocks rise amid expectations of another big rate hike
But "markets have good reason to be braced for headwinds," one analyst said of expectations Fed will hike rates this week.
Markets fall to close out week
All three major stock indexes ended the week with losses for the fourth time in five weeks. Victoria Fernandez, chief market strategist at Crossmark Global Investments, joins CBS News to discuss what it means for the U.S. economy.
Stocks tumble as FedEx profit warning spooks investors
The market swoon adds to weekly losses sparked by a hotter-than-expected inflation report.
U.S. stocks rally to close higher after sharp selloff
"A sustained rally is likely to require clear evidence that inflation is on a downward trend," a UBS analyst said.
Wholesale prices up 8.7% since last year
The new wholesale prices report is echoing Wall Street's concerns that inflation isn't easing quickly enough. It comes on the heels of the worst day for stocks in more than two years. Matt Sapaula, founder of Money Smart Guy, joined CBS News to discuss.
Stocks plummet after August inflation report
Stocks dropped after the latest Consumer Price Index report showed U.S. inflation remains high. The Dow tumbled nearly 1,300 points Tuesday for the worst day since June 2020. Wall Street Journal reporter Dion Rabouin joins CBS News to discuss the market reaction.
Stocks plunge as inflation remains high
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to explain why the stock market dipped and what the economy could look like heading into the holiday season.
Stocks tumble on August inflation report
The Consumer Price Index report for August tanked the stock market as inflation continued to slow at a snail's pace. Emil Michael, chairman and CEO of DPCM, joins CBS News to discuss the impact on the overall economy.
Stock market faces volatility
Major stock indexes had a roller coaster day coming out of Labor Day weekend. Julia-Ambra Verlaine, markets report at the Wall Street Journal, joins CBS News at Tuesday's closing bell to discuss what was driving the market.
U.S. stocks end lower for 3rd straight week, despite jobs numbers
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
Investors concerned aggressive rate hike could be coming
U.S. jobless claims declined for the third week in a row, according to numbers released by the Labor Department Thursday. However, investors fear it could give the Federal Reserve the opportunity to make another aggressive interest rate hike this month. Marley Kayden, economic journalist and a professor at DePaul University, joined CBS News to discuss the job market and its impact on the stock market.
U.S. stocks slump as investors continue to fret over Fed plans
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Stocks close lower, adding to Friday's steep losses
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
Stock market drops after Fed chair's speech
The Dow Jones Industrial Average fell more than 1,000 points Friday after Federal Reserve Chair Jerome Powell said the Fed will continue raising interest rates to tame inflation. Colby Smith, a U.S. economics editor for the Financial Times, joins CBS News' Catherine Herridge to discuss.
Fed chair’s remarks trigger market sell-off
Federal Reserve Chair Jerome Powell’s remarks on inflation triggered a massive sell-off on Wall Street. Melissa Armo, owner and founder of The Stock Swoosh, breaks down why investors aren’t thrilled with the Fed chair’s comments on a possible interest rate hike.
Stocks crumble after Fed dashes hopes for easing up on rates
S&P 500 suffered its biggest drop in two months after Fed chair Jerome Powell said rates will remain high "for some time."
Stock market slows after Monday sell-off
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
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.
Hayden Panettiere's ex-fiancé in "profound shock" after her death
Hayden Panettiere, who shares a daughter with the former boxing champ, died on Sunday at 36 years old.
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.
U.S.
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Hayden Panettiere's ex-fiancé in "profound shock" after her death
Hayden Panettiere, who shares a daughter with the former boxing champ, died on Sunday at 36 years old.
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.
MoneyWatch
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Discord suspends livestreams in Brazil amid backlash over girl's suicide
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
U.S., Canada in last-minute talks to head off steep new U.S. tariffs
Last-minute talks were continuing between the U.S. and Canada in an effort to head off President Trump's plan to impose 50% tariffs on $20 billion worth of Canadian goods.
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.
Politics
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U.S., Canada in last-minute talks to head off steep new U.S. tariffs
Last-minute talks were continuing between the U.S. and Canada in an effort to head off President Trump's plan to impose 50% tariffs on $20 billion worth of Canadian goods.
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.
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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American man flies to West Bank to save home from Israeli settlers
Palestinian-American Loui Ridi says he flew from Ohio to a village in the Israeli-occupied West Bank to stop settlers from seizing his home.
Discord suspends livestreams in Brazil amid backlash over girl's suicide
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
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.
Entertainment
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Hayden Panettiere's ex-fiancé in "profound shock" after her death
Hayden Panettiere, who shares a daughter with the former boxing champ, died on Sunday at 36 years old.
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.
Technology
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Discord suspends livestreams in Brazil amid backlash over girl's suicide
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
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.
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.
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.
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.)
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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Latest CBS News Videos
Trump risks South Korea allyship over Iran
President Trump ordered the U.S. military to significantly reduce exercises with South Korea after they refused to join efforts against Iran. Plus, Mr. Trump's son-in-law, Jared Kushner, spoke with Israel's Benjamin Netanyahu about Gaza's future. CBS News' Charlie D'Agata and Ramy Inocencio report.
Woman on hurricane damage: "We need help"
Flash flooding and mudslides left catastrophic damage behind in parts of Hawaii from Hurricane Lala, which struck over the weekend. One community remains trapped after the road in and out was washed away while others are returning home to survey the damage. Jonathan Vigliotti reports.
Ossoff's brewing feud with Trump
Sen. Jon Ossoff, a Democrat from Georgia, mentioned President Trump's aide, Natalie Harp, during a campaign stop. CBS News' Nancy Cordes reports.
Trump threatens Oman again over Hormuz
President Trump threatened again to bomb Oman over control of the Strait of Hormuz, saying that if Oman is a "nuisance," the U.S. can handle them "very easily." CBS News' Aaron Navarro reports, and Courtney Kealy goes deeper into Jared Kushner's meetings in the Middle East.
Latino voters in the Florida primaries
Clarissa Martínez de Castro, vice president of Latino Vote Initiative at UnidosUS, joins CBS Morning News with more on the Latino voter population in Florida as the Sunshine State holds primaries.