Last-minute stock rally makes for merry start to May
S&P 500 has closed higher in May in eight of the past nine years, according to one Wall Street analyst.
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S&P 500 has closed higher in May in eight of the past nine years, according to one Wall Street analyst.
Investors are hoping for a stock market rebound after a massive drop Friday. Mark Hamrick, a senior economic analyst at Bankrate, joined "CBS News Mornings" to discuss what people can do to protect their portfolios and a survey on how money affects mental health.
If Elon Musk and Twitter get their way, the company will soon be privately held and under the billionaire's control. Here’s a look at what it means for a company to go private.
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.
More than $1 billion has been bet online on military decisions and outcomes this year on Polymarket. Some wagers have been suspiciously timed, with information seemingly coming from insiders.
President Trump said "there won't be anything left of them" if Iranian leaders do not "get moving, FAST."
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Rescuers airlifted an injured hiker who fell about 50 feet from the summit of Washington state's Mount Si on Saturday.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, lost his bid for a third term.
The Mountain Home Air Force Base said in a social media post that it was locked down following an incident during the Gunfighter Skies Air Show.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
The Mountain Home Air Force Base said in a social media post that it was locked down following an incident during the Gunfighter Skies Air Show.
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
Rescuers airlifted an injured hiker who fell about 50 feet from the summit of Washington state's Mount Si on Saturday.
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Outbreaks of the deadly Ebola virus in two African countries have prompted the World Health Organization to declare a global health emergency. Imtiaz Tyab reports.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Researchers in Dublin discovered the oldest surviving English poem in a Roman library.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
In this web exclusive, Jon Favreau, the creator of the "Star Wars" series "The Mandalorian," and director of the new film "The Mandalorian and Grogu," talks with correspondent Tracy Smith about the myth of "Star Wars," the influences on the story (including Japanese samurai films), and expanding the universe for a new audience. He also talks about working with Robert Downey Jr. on his film "Iron Man," and about cooking, the subject of his 2014 movie, "Chef."
Director Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen. He talks with correspondent Tracy Smith about the handmade feel of the "Star Wars" universe, and how father-son relationships have always been at the heart of the stories set in a galaxy far, far away. He also discusses bringing his improv roots to directing Robert Downey Jr. in "Iron Man."
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
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.
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
In New Mexico, a man is charged with forgery & larceny – and convicted of putting out a hit on his estranged wife. Twenty-six years earlier, a fire in Monaco kills a billionaire and his private nurse. At the center of that mystery was the very same man — with a different name.
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
An Iraqi national was arrested and charged with planning to carry out several terror attacks in the U.S., including at a New York City synagogue and other prominent Jewish centers in Los Angeles and Scottsdale, Arizona. CBS News' Anna Schecter reports.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
Fighter jets collide in midair at Idaho air show; Trump's approval ratings on the economy continue to fall in latest CBS News poll.
Alpha, a new school in San Francisco, isn't just embracing AI, it's letting it take the lead. Itay Hod has more.
Outbreaks of the deadly Ebola virus in two African countries have prompted the World Health Organization to declare a global health emergency. Imtiaz Tyab reports.
A special edition Swatch pocket watch triggered crowds reminiscent of past Black Fridays. Jonathan Vigliotti reports.
The United States is ramping up pressure on Cuba with a potential indictment of former President Raúl Castro. Cristian Benavides has more.