Stocks jump as the Senate takes steps to end the government shutdown
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
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Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
The health of the U.S. stock market on any given day depends on a number of variables, but the New York Times reports that lately, it almost entirely hinges on the success of artificial intelligence and the companies behind this technology. Evan Gorelick, writer for "The Morning" newsletter at the New York Times, joins "The Daily Report" to discuss.
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
A new survey conducted by the BlackRock Foundation and Commonwealth found that 54% of Americans living on low-to-moderate incomes, between $30,000 and $80,000 a year, are putting some of their money in the stock market. Claire Chamberlain, president of the BlackRock Foundation, and Timothy Flacke, CEO of Commonwealth, join CBS News to discuss.
Best-selling author Andrew Ross Sorkin examines the lessons from the Stock Market crash of 1929 in his new book, "1929: Inside the Greatest Crash in Wall Street History – and How It Shattered a Nation."
The U.S. stock market rebounded on Monday after President Trump appeared to walk back imposing new tariffs on Chinese goods. CBS News senior business and technology correspondent Jo Ling Kent has more.
Stocks jumped Monday after President Trump said "all will be fine" with China, easing investor fears about his threat to add a new 100% tariff on the country's imports.
DealBook founder and Squawk Box co-host Andrew Ross Sorkin takes a look at the crash of 1929 in his new book. He tells 60 Minutes what may it may indicate about today's stock market.
Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does?
President Trump says the U.S. is imposing an additional 100% tariff on imports from China starting Nov. 1. Today's announcement follows heavy losses on the stock market. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The stock market is reacting to President Trump's latest comments on social media about tariffs against China. CBS News' Natalie Brand reports.
The government's September jobs report has been delayed as the government shutdown continues. CBS MoneyWatch correspondent Kelly O'Grady reports.
Data shows government shutdowns tend to have a modest impact on financial markets and the broader U.S. economy.
In TechWatch, there is a new twist in the Elon Musk-Twitter saga. The company's largest stakeholder is now facing a lawsuit accusing the billionaire of market manipulation. The suit alleges that the world's richest man illegally delayed disclosing his stake in the company in order to purchase more shares at a lower price. CBS News technology reporter Dan Patterson has more.
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Nvidia's latest earnings report appears strong, but investors remain wary about a potential AI bubble burst. Nathan Bomey, a business reporter for Axios, joins CBS News with more.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying stock markets. On Monday, markets fell flat. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Federal Reserve Chair Jerome Powell gave a speech that sent all three stock indexes soaring. Traders excavated clues of an interest rate coming. Archie Hall, U.S. economics editor for The Economist, joins "The Takeout" to discuss.
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Investors reacted to a major speech from Federal Reserve Chair Jerome Powell, offering his strongest indication yet that interest rates may be coming. Paul La Monica, senior market analysis writer for Barron's, joins CBS News to discuss.
Target shares fell more than 6% on Wednesday after the retailer reported a quarterly drop in sales and announced a new CEO. Ted Rossman, a senior industry analyst for Bankrate, a financial services company, joins "The Daily Report" to discuss.
President Trump said Friday that the U.S. military had conducted "one of the most power bombing raids" on Iran's Kharg Island, a vital oil hub for the country.
A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
The U.S. military has confirmed that all six crew members were killed when an American KC-135 refueling plane taking part in the Iran war crashed in western Iraq.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Nine defendants were on trial on charges related to the July 4 attack on the Prairieland ICE detention center in North Texas.
The attacker rammed a vehicle into Temple Israel in West Bloomfield and opened fire, but he was the only one killed, law enforcement officials said.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic resident, "Dave the Rave."
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
A security detail has been requested from the federal health department's inspector general for top federal housing official Bill Pulte.
Richard Kahn, who worked closely with Epstein for more than a decade, testified before the Oversight Committee on Wednesday.
The Kennedy Center is set to close for two years on July 4.
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.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
The latest release of oil follows historic withdrawals from the Biden administration to combat gas prices from the Ukraine war.
Notorious Latin American narco trafficker Sebastian Marset, who eluded police for years, was handed over to U.S. authorities after his arrest Friday in Bolivia.
The head of an advocacy group said 21 people were facing charges under the UAE's cybercrime laws as of Thursday, including a 60-year-old British tourist.
Suspected Iranian cyber and drone attacks are already impacting U.S. tech companies, and Iran says a list of American firms are now on its target list.
Senate Democrats have filed legislation hat would keep the U.S. from attacking Cuba without congressional approval as they seek to force a vote on President Trump's stated goal of a "takeover" of the Caribbean country.
The 98th Academy Awards Sunday will feature a battle of vampires versus revolutionaries as the films "Sinners" and "One Battle After Another" compete for many of the show's top prizes. Nigel Smith, senior movies editor for People, joins "The Daily Report" to discuss.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
Austin Mayor Kirk Watson joins CBS News 24/7 Mornings with the latest details on preparations for SXSW 2026.
The 98th annual Academy Awards will be held on Sunday. With 10 films nominated for the night's biggest honor, best picture, an expert says there are only two major contenders. Entertainment Tonight's Nischelle Turner previews Hollywood's big night.
Grammy-winning artist James Blake speaks about making his first solo album as an independent artist. He talks to Anthony Mason about why he decided to leave his record label, what it's like to work with some of the world's biggest musicians and the passion behind his music.
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.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
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.
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 Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
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.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
The U.S. is on high alert after two separate domestic attacks on Thursday: A shooting at Old Dominion University, and a car ramming at a Michigan synagogue. CBS News justice correspondent Scott MacFarlane has the latest details on the incidents.
CBS News has learned that the man who attacked a Michigan synagogue on Thursday purchased $2,000 worth of fireworks days before the incident. CBS News' Anna Schecter has more.
Ayman Mohamad Ghazali made two purchases at a Phantom Fireworks store in Livonia, Michigan. He told the store staff the fireworks were for the end of Ramadan.
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.
On Nov. 29, 1973, CBS News aired a special report titled "Making It Through This Winter," spotlighting the ways Americans were making do amid the oil crisis. Watch the program in full.
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.
Clergy members at a Detroit-area synagogue are grateful no one was seriously hurt after an armed man rammed his car full of explosives into their building. But the community is now grappling with an endless amount of emotional wounds. Jonah Kaplan has the latest.
Rideshare company Lyft will ensure the rights of passengers with service animals under a settlement announced this week. This comes after a Minnesota woman who is blind reported that multiple drivers refused to let her service dog in their cars.
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic…Dave the Rave. Steve Hartman has the story.