S&P 500 posts best month since November 2020
Investors have been cheered by better-than-expected corporate earnings, offsetting recession fears.
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Investors have been cheered by better-than-expected corporate earnings, offsetting recession fears.
Aditya Bhave, senior U.S. and global economist at Bank of America, joined CBS News' Jericka Duncan and Vladimir Duthiers to discuss the latest GPD report from the U.S. Commerce Department, which shows the economy shrank 0.9% in the second quarter of 2022.
Strong financial results from Alphabet, Boeing and other corporate bellwethers helped lift investors' mood.
Investors and economists are bracing for another possible interest rate hike as the Federal Reserve is set to meet this week. Dion Rabouin, a reporter for the Wall Street Journal, joins CBS News to discuss what another hike could mean for the U.S. economy.
Weak profit reports from some of the biggest names in corporate America are souring the mood of investors.
Melissa Armo, founder of the educational firm The Stock Swoosh joined CBS News to discuss the how latest jobs report, and President Biden's positive COVID-19 test, could effect the stock market.
The Department of Labor's weekly unemployment report shows there were 251,000 first time applications filed in the week ending July 16. Senior economic analyst and Washington bureau chief at Bankrate.com, Mark Hamrick, joined CBS News' Anne-Marie Green and Vladimir Duthiers with more on what this means for our economy.
Investors were cheered by strong earnings reports and an ongoing decline in the price of gasoline, easing inflation fears.
U.S. stocks rallied to cap a four-day losing streak on Wall Street as inflation continues to rise across the country. Wall Street Journal markets reporter Akane Ohtani joins "CBS News Mornings" with the latest.
The U.S. stock market ended the week strong despite fears brought on by the latest spiking inflation numbers. John Leer, chief economist for Morning Consult, joined CBS News to discuss what's driving U.S. stocks and what to expect at the upcoming Federal Reserve meeting.
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
Washington Post economics correspondent Rachel Siegel joined CBS News' Tanya Rivero and Elaine Quijano to discuss the latest market updates.
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
Investors are monitoring economic data for clues on inflation trajectory, with eye on Friday release of June employment numbers.
The stock market closed the second quarter at its worst in over half a century, while the U.S. could begin lifting tariffs on China -- which would have a ripple impact across the economy. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joins "CBS News Mornings" with advice for those looking to invest in the new quarter.
Market turmoil continues with experts warning that fear of a recession could be a self-fulfilling prophecy.
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
Investors are uneasy as signs point to possible recession caused by Fed interest rates hikes.
Yahoo Finance anchor and reporter Akiko Fujita spoke with CBS News' Elaine Quijano and Tanya Rivero about the impacts of inflation on consumer confidence and spending. Fujita also discussed a new ban on Russian imports and how sanctions could affect the U.S. economy.
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
Wall Street Journal reporter Julia-Ambra Verlaine joins "CBS News Mornings" to discuss why economists are optimistic about the second half of the year, despite a slow financial start to 2022.
Aaron Weinman, finance correspondent for Business Insider, joined CBS News' Michelle Miller and Tanya Rivero to discuss Friday's stock market rally.
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
Dan Geltrude, founder of accounting and financial consulting firm Geltrude and Company, offers advice for navigating retirement spending as inflation soars and the stock market sinks.
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
President Trump said Israel and Iran should not "blow it" as efforts to finalize a peace deal continue.
The UFC is hosting a fight series on the White House South Lawn Sunday night.
Vice President JD Vance tells "CBS Sunday Morning" that he and his wife, Usha, will make a decision whether to enter the 2028 presidential race following the 2026 midterm elections.
The Missouri State Highway Patrol said the fatal crash occurred near the Butler Memorial Airport, about 60 miles south of Kansas City.
President Trump told Russia's Putin that the war in Ukraine needed to end. Ukraine's Zelenskyy said he and Mr. Trump would speak more at the upcoming G7 summit.
The New York Knicks captured their first NBA championship in 53 years with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals.
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.
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
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.
The Missouri State Highway Patrol said the fatal crash occurred near the Butler Memorial Airport, about 60 miles south of Kansas City.
President Trump endorsed Rep. Mike Collins in the Republican Senate runoff in Georgia, wading into the race days ahead of the contest that will decide who takes on Democratic Sen. Jon Ossoff.
To mark America's 250th, a time capsule will be buried in Philadelphia on July 4, not to be opened until America's quincentennial. What objects made the cut to be preserved for another 250 years?
The UFC is hosting a fight series on the White House South Lawn Sunday night.
A pilot survived after a fighter jet crashed into a mountain Saturday afternoon in Yakima County, Washington, sparking a wildfire, officials said.
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
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.
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.
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
The following is the transcript of the interview with Gary Cohn, IBM vice chairman and director of the National Economic Council during President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
The following is the transcript of the interview with Sen. Mark Warner, Demcorat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
The following is the transcript of the interview with Sen. Mark Kelly, Democrat of Arizona, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
President Trump endorsed Rep. Mike Collins in the Republican Senate runoff in Georgia, wading into the race days ahead of the contest that will decide who takes on Democratic Sen. Jon Ossoff.
The following is the transcript of the interview with Defense Secretary Pete Hegseth that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
In the U.S. the percentage of obese adults is about ten times what it is in Japan. What differentiates the Japanese diet, and how are schools making it their mission to give Japanese children a taste of a healthy life?
A chance emergency room visit led to Amy Piccoli's diagnosis with late-stage colorectal cancer.
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
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.
President Trump told Russia's Putin that the war in Ukraine needed to end. Ukraine's Zelenskyy said he and Mr. Trump would speak more at the upcoming G7 summit.
The following is the transcript of the interview with Gary Cohn, IBM vice chairman and director of the National Economic Council during President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
The following is the transcript of the interview with Sen. Mark Warner, Demcorat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
The following is the transcript of the interview with Sen. Mark Kelly, Democrat of Arizona, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
The following is the transcript of the interview with Defense Secretary Pete Hegseth that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
Artist Lyndon J. Barrois Sr. painstakingly sculpts art depicting soccer players. His medium of choice? The humble chewing gum wrapper. Correspondent Luke Burbank talks with Barrois about his Los Angeles exhibit, "Fútbol Is Life: Animated Sportraits," which captures iconic moments from nearly 100 years of the World Cup in tiny pieces of paper and foil.
"Sunday Morning" remembers some of the notable figures who left us this week, including "Today" film critic Gene Shalit.
David Hockney's constant experimentations in art gave us six decades of swimming pools and sun-drenched scenes, intimate portraits of friends, vibrant depictions of his native Yorkshire, and groundbreaking digital works. The British-born painter died on Thursday, June 11, 2026 at age 88. Correspondent Seth Doane offers an appreciation of the groundbreaking body of work, by an artist whom British Prime Minister Keir Starmer called one of the most important figures in contemporary art in both the 20th and 21st centuries.
Now 72, the former child star of such classic TV series as "The Twilight Zone" and "Lost in Space" avoided the dangers that other young actors faced while pursuing a Hollywood career, as an Emmy-nominated songwriter, touring musician and recording artist.
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.
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.
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 advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
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.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
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 sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
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.
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.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
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.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Missed the second half of the show? Sens. Mark Kelly, Mark Warner and IBM vice chairman Gary Cohn join.
Gary Cohn, IBM vice chairman and the head of the National Economic Council in President Trump's first term, told "Face the Nation with Margaret Brennan" that prices are "not going to fall like a rock overnight" if a truce between the U.S. and Iran is signed because "we're going to have to see exactly what happens with the Strait" of Hormuz.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
Democratic Sen. Mark Kelly, who has sparred with Defense Secretary Pete Hegseth after Hegseth's testimony before the Senate Armed Services Committee, told "Face the Nation with Margaret Brennan" that "of course we have a munitions issue" amid the Iran war, adding that it's "widely understood that when you attack over 10,000 targets from the air with cruise missiles and ballistic missiles and bombs from airplanes, you are using a lot of munitions, and we do not have an endless supply of these things."
On Friday, workers began removing President Trump's name from Washington D.C.'s Kennedy Center after a court ruling last month ordered it to be taken down. A district court judge declared in the ruling that "Congress gave the Kennedy Center its name, and only Congress can change it."