Stocks dip at start of August as investors remain "cautious"
"Investors are still assessing where we break from here – further to the upside or reverse course," said one strategist.
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"Investors are still assessing where we break from here – further to the upside or reverse course," said one strategist.
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.
President Trump said that he has agreed to convert plans for a massive triumphal arch into a "top grade Military Complex," equipped with snipers and drone storage.
Betting platforms FanDuel and DraftKings say tools are there to help addicted gamblers slow down.
The alerts did not cite a specific threat, but called for Americans to "exercise heightened vigilance."
GOP Rep. Maria Elvira Salazar of Florida warned in a campaign ad last week that President Trump's immigration enforcement policy has "gone too far."
German Chancellor Friedrich Merz acknowledged that the result was a "disaster" but said he would still move ahead with his government's reform agenda.
New York City Mayor Zohran Mamdani and President Trump have met at least twice since Mamdani was elected last year.
The two-term Kentucky Governor advises his fellow Democrats to speak like "normal people" and not shy away from progressive politics or religious faith. He discusses his book, "Go and Do Likewise," which teaches how to change minds by winning hearts.
Across the wider Moscow region, the attack killed two people and wounded 20, a local official said Sunday.
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time.
Treasury Secretary Scott Bessent is meeting with Chinese Vice Premier He Lifeng, ahead of the planned summit between President Trump and Chinese President Xi Jinping this week.
On this "Face the Nation with Margaret Brennan" broadcast, Reps. Ro Khanna and Maria Elvira Salazar join Margaret Brennan.
GOP Rep. Maria Elvira Salazar of Florida warned in a campaign ad last week that President Trump's immigration enforcement policy has "gone too far."
In 2019, Bunch became both the first historian and the first African American to serve as Secretary of the Smithsonian Institution. As he prepares to retire, he talks about the museums' mission to protect history, and give America a full picture of itself.
Predictions that AI could destroy humanity in a few years are irresponsible and not based on science, Nvidia's co-founder told CBS News.
Predictions that AI could destroy humanity in a few years are irresponsible and not based on science, Nvidia's co-founder told CBS News.
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
Treasury Secretary Scott Bessent is meeting with Chinese Vice Premier He Lifeng, ahead of the planned summit between President Trump and Chinese President Xi Jinping this week.
New York City Mayor Zohran Mamdani and President Trump have met at least twice since Mamdani was elected last year.
On this "Face the Nation with Margaret Brennan" broadcast, Reps. Ro Khanna and Maria Elvira Salazar join Margaret Brennan.
GOP Rep. Maria Elvira Salazar of Florida warned in a campaign ad last week that President Trump's immigration enforcement policy has "gone too far."
The following is the transcript of the interview with IBM vice chair Gary Cohn, who served as an economic adviser in President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
The twins were born in Ethiopia with a rare condition that left them joined at the head. Doctors spent a year planning a separation surgery.
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
German Chancellor Friedrich Merz acknowledged that the result was a "disaster" but said he would still move ahead with his government's reform agenda.
The following is the transcript of the interview with IBM vice chair Gary Cohn, who served as an economic adviser in President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Rep. Ro Khanna, Democrat of California, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Sen. Bill Cassidy, Republican of Louisiana, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
The following is the transcript of the interview with Rep. Maria Elvira Salazar, Republican of Florida, that aired on "Face the Nation with Margaret Brennan" on Sept. 20, 2026.
Hosted by Jane Pauley. Featured: Battling sports gambling addiction; Charles Spencer on his sister, Princess Diana; Nvidia CEO Jensen Huang on AI; Kentucky Gov. Andy Beshear; Hollywood superagent Ari Emanuel; The Smithsonian's Lonnie Bunch; and a spectacle of buffalo puppetry.
"Sunday Morning" looks back on the life of Peter Max, whose psychedelic pop art became synonymous with the 1960s; and remembers costume designer Bob Mackie, who dressed the likes of Cher, Carol Burnett and Diana Ross.
The Hollywood dealmaker is telling his life story in a raw, raunchy and rollicking new memoir, "Roll the Calls." He talks about growing up a bullied, dyslexic kid in the suburbs of Chicago, and explains why he is never afraid of confrontation.
Hollywood dealmaker Ari Emanuel is telling his life story in a raw, raunchy and rollicking new memoir, "Roll the Calls." He talks with Turner Classic Movies host Ben Mankiewicz about his rise from the agency mail room to becoming executive chairman of WME Group and executive chair and CEO of TKO. He also talks about growing up a bullied, dyslexic kid in the suburbs of Chicago; becoming the inspiration for Ari Gold in the HBO series "Entourage"; and explains why he is never afraid of confrontation.
This past week, a herd of 40 buffalo roamed the concrete canyons of Lower Manhattan and Brooklyn – life-size puppets that are part of a public arts project by St. Ann's Warehouse, a Brooklyn theater. Correspondent Anthony Mason reports.
Hosted by Jane Pauley. Featured: Battling sports gambling addiction; Charles Spencer on his sister, Princess Diana; Nvidia CEO Jensen Huang on AI; Kentucky Gov. Andy Beshear; Hollywood superagent Ari Emanuel; The Smithsonian's Lonnie Bunch; and a spectacle of buffalo puppetry.
Predictions that AI could destroy humanity in a few years are irresponsible and not based on science, Nvidia's co-founder told CBS News.
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.
In this web exclusive, Nvidia CEO Jensen Huang talks with CBS News' Jo Ling Kent about the exponential growth of AI, industry warnings about its power, and why he disagrees with recent calls to slow down development.
The Atlantic recently called Nvidia founder and CEO Jensen Huang "the most powerful man in AI." He talks with correspondent Jo Ling Kent at Nvidia headquarters in Santa Clara, Calif., about the latest developments in artificial intelligence and the ongoing debate over safety and regulations.
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
In an exclusive interview airing Sunday on 60 Minutes, Patrick Clancy shares his side of the story, just weeks after his ex-wife Lindsay Clancy's murder trial ended without a verdict. Ross Douthat sat down with Patrick Clancy to discuss life after trauma and what lies ahead.
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time. Watch more of the interview on 60 Minutes on Sunday.
The holdout juror in Lindsay Clancy's triple murder case has released a statement. Shanelle Kaul reports.
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
A Tennessee grandmother is suing the city of Fargo, North Dakota, after facial recognition software linked her to a crime she didn't commit, which led to a nearly six-month stay in jail. CBS News' Nicole Valdes has more.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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 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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
President Trump posted on social media early Sunday that his proposed 250-foot arch near Arlington National Cemetery will be used as a military complex, saying there will "large numbers of drones, plus Snipers, on both the roof and plaza areas, and additionally have and hold large quantities of sniper ammunition in storage."
As some in the AI community have warned that the technology could end humanity, Nvidia CEO Jensen Huang tells CBS News' Jo Ling Kent that that messaging is "quite frankly too much drama, irresponsible. It is not grounded in facts."
IBM vice chairman Gary Cohn, who served as an adviser in the first Trump administration, told "Face the Nation with Margaret Brennan" that "consumer sentiment has turned quite negative" in the U.S. amid rising gas prices, concerns about AI and high cost.
President Trump made historic gains with the Hispanic community in 2024 but his party faces a difficult midterm landscape amid his administration's immigration crackdown. Republican Rep. Maria Elvira Salazar, who released an ad this week distancing herself from Mr. Trump's immigration policy, urged the president to "please preserve that fortune that you have brought to the party."
Missed the second half of the show? Sen. Bill Cassidy, IBM vice chairman Gary Cohn and CBS News correspondent Jo Ling Kent's interview with NVIDIA CEO Jensen Huang.