U.S. markets take sharp plunge ahead of major tech earnings
The market is "getting a little more comfortable with a slowdown at best and recessionary fears at worst," said one analyst.
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The market is "getting a little more comfortable with a slowdown at best and recessionary fears at worst," said one analyst.
April 18 is the deadline for most Americans to file their tax returns. Rebecca Walser, president of Walser Wealth Management, shares tips for navigating filing this year, including advice for those who received a child tax credit or dabbled in the stock market.
Russia's stock market will partially reopen on Thursday after a nearly monthlong closure. Georgi Kantchev, a business reporter for The Wall Street Journal, talks with CBS News' Tanya Rivero and Jim Axelrod about expectations for the reopening, trading limitations, and how Russian leader Vladimir Putin is attempting to rebuild the value of the ruble.
The Federal Reserve announced it will raise interest rates by a quarter percentage point to fight soaring gas prices and inflation. Trading expert Joe Saluzzi joined CBS News' Anne-Marie Green and Vladimir Duthiers to discuss how the stock market is reacting and what this means for our bank accounts.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the stock market's drop upon news that the Fed could end some emergency COVID measures sooner than expected. Plus, what the newly-identified Omicron COVID-19 variant is doing to the economy.
Some businesses have not been able to recover from the early days of the pandemic. Pandemic-related supply chain issues and inflation remain the top issues hurting industries. Finance reporter for the Wall Street Journal Liz Hoffman joined CBS News' Lana Zak to discuss.
U.S. stocks are continuing to drop over tensions in Ukraine, as rising oil prices disrupt global markets. Dion Rabouin, a reporter for The Wall Street Journal, joins CBS News to discuss the impact on the nation's economy.
"What I thought of as a cautionary tale became an instruction manual," bestselling author Michael Lewis writes.
Numbers released Friday show major job growth nationwide as COVID cases fall and states roll back restrictions. According to the Department of Labor, U.S. employers added 678,000 jobs in February, and the unemployment rate fell from 4% to 3.8%. Barclays chief U.S. economist Michael Gapen joined CBS News's Vladimir Duthiers and Anne-Marie Green to discuss the numbers.
Markets made gains Wednesday despite more economic uncertainty as Russia was hit with more sanctions. Jeffrey Kleintop, Chief Global Investment Strategist at Charles Schwab & Co., joins CBS News to break down what is driving the markets and how investors are reacting to the impacts of the invasion of Ukraine.
Federal Reserve Chair Jerome Powell testified Wednesday that the government will raise interest rates this month to curb rising inflation. CBS News reporter Sarah Ewall-Wice joined "Red and Blue" to discuss the economic impact.
U.S. gas prices are up on the heels of the Russian invasion of Ukraine, but the invasion is not the only factor contributing to the increase. Jay Young, founder and CEO of King Operating Corporation, joined CBS News' Anne-Marie Green to talk about how the war is affecting the U.S. economy.
Stocks dropped harshly after Russia invaded Ukraine. CBS News' Anne-Marie Green and Vladimir Duthiers spoke with Joe Saluzzi, co-founder of Themis Trading, about what's causing the market's downturn and how it will affect your bottom line.
Mounting concerns over the conflict are hitting global financial markets driving up crude prices to an eight-year high.
Missed the second half of the show? The latest on Ukraine invasion from Russian ambassador, how Ukraine is attempting to prevent invasion, Russian retaliation against U.S. financial system, and the possible economical impact from the Ukraine crisis.
CBS News' Jill Schlesinger discusses the impact the Ukraine crisis could have on the U.S. economy if Russia invades.
The stock market is feeling the impact of the ongoing crisis at the Russia-Ukraine border. The Dow Jones Industrial Average fell more than 600 points on Thursday as nervous investors are dumping stocks. Paul Christopher, head of global market strategy for Wells Fargo Investment Institute, joins "CBS News Mornings" to discuss.
Stock markets around the world are fluctuating over heightened tensions between Russia and Ukraine, but a recent Barron's article suggests that the dip in shares is going to be short-lived. Nicholas Jasinski, a reporter at Barron's, joins CBS News to discuss.
In this MoneyWatch report, the stock market ended the day in the red amid fears of growing inflation and Hertz is ordered to release information on accusation of stolen cars. Then CBS News technology reporter Dan Patterson joins "CBS News Mornings" to talk about the arrival of web3.
Financial markets dropped after this morning's Consumer Price Index report indicated a larger-than-expected rise in inflation. Steve Odland, CEO of The Conference Board and former CEO of Office Depot and AutoZone, joins CBS News' Tanya Rivero and Nikki Battiste to discuss inflation rates as well as the results of The Conference Board's latest survey of CEO confidence.
David Giroux, portfolio manager of the T. Rowe Price Capital Allocation Fund, joins CBS News to break down his top stock picks for 2022, Meta's stock recovery after last week's major losses and what to expect with inflation pricing for the rest of the year.
Bonus season is underway for Wall Street and Big Tech. House Democrats are one step closer to banning members of Congress from trading stock. And cryptocurrency businesses are spending big on Super Bowl ads. CBS MoneyWatch reporter Kristopher Brooks joins "CBS News Mornings" with more.
Peloton is replacing its CEO and cutting jobs as the company faces a drop in revenue and demand. Plus, the electric vehicle industry is expanding in the U.S. with President Biden announcing the first charging manufacturing facility being built in Tennessee. New York Times DealBook editor Stephen Gandel joins CBS News at the New York Stock Exchange closing bell to discuss what's moving the markets.
The January jobs report released Friday surpassed Wall Street projections, with 467,000 jobs added. Mike Pugliese, an economist at Wells Fargo, joins CBS News to break down the employment data and what it means for the U.S. economy.
The major stock indexes fell Thursday. Meanwhile, first-time unemployment claims dropped for a second consecutive week. Lori Bettinger, co-president of BancAlliance, joined CBS News at the closing bell to discuss.
The Iran war could escalate further as President Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
In remarks ahead of a meeting with the Kennedy Center board of trustees, Mr. Trump provided an update on the ongoing conflict with Iran.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
A person believed to be the ex-wife of the suspect in the attack at Michigan's Temple Israel told authorities that the suspect was "not stable" ahead of the attack, according to a 911 call obtained by CBS News Detroit.
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
President Trump was planning to visit China at the end of March.
Costco is recalling a meatloaf and potato meal kit because one of its ingredients may be contaminated with salmonella.
Hyundai's announcement came after a child died in an incident involving a Palisade vehicle, which the car maker said is still under investigation.
Small adjustments, like maintaining a steady speed while driving, can help maximize fuel efficiency, experts say.
Gas prices have jumped almost 79 cents per gallon from a month ago, raising fresh inflation concerns.
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
President Trump was planning to visit China at the end of March.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
The Taliban in Afghanistan claim that a Pakistani military airstrike on a drug rehabilitation hospital in Kabul has killed over 400 people, but Pakistan alleges the site was a weapons depot.
President Trump was planning to visit China at the end of March.
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
The latest blackout in Cuba comes over a week after another massive outage affected the island's west, leaving millions without power.
Coast guard rescuers pulled all 21 people out of the water, but a 17-year-old student and the captain of one of the boats were later pronounced dead.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
The 2026 Academy Awards were held in Los Angeles on Sunday. Entertainment Tonight host Kevin Frazier breaks down the winners and the biggest upsets.
CBS News contributor Lauren Sherman breaks down some of the best looks from the 2026 Oscars, where looks from Chanel and Dior dominated the red carpet.
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
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.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Closing arguments are expected to begin on Monday in Kouri Richins' murder trial. She's accused of giving her husband a deadly dose of fentanyl four years ago before she later published a children's book about grief. The case included 13 days of testimony, but the defense did not call any witnesses. If convicted, Richins could face life in prison.
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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.
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Trump calls for other countries to help open Strait of Hormuz; White House chief of staff Susie Wiles diagnosed with breast cancer.
For years, CBS News' own Steve Hartman and photographer Lou Bopp documented the bedrooms of children killed in school shootings. The resulting film, "All the Empty Rooms," just won an Oscar. Tony Dokoupil has more.
With the spring and summer travel seasons on the horizon, many are wondering how worried to be about long security lines at the airport. Brian Kelly, founder of The Points Guy website, joins to discuss.
Since the start of the U.S. and Israel's war with Iran just over two weeks ago, 500 tankers have been stuck by Iran in the Strait of Hormuz. Imtiaz Tyab reports.