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.
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
Elizabeth Smart, who survived abduction and sexual abuse as a teenager and went on to become a child safety advocate, recently revealed a pivot into body building.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Police said several were injured in the incident, which happened in the Grimmaische Strasse, a street that leads into central Leipzig's shopping area.
The lawsuit ramps up a feud between World Liberty Financial and Sun, who last month sued the Trump-backed company for fraud.
An investigation is underway after a United Airlines plane struck a light pole and truck on the New Jersey Turnpike as it was coming in for a landing at Newark Liberty Airport on Sunday afternoon, officials said.
At least 13 people were at hospitals following a shooting at a party at Arcadia Lake, near Oklahoma City, police say.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
Cherie DeVaux reflected on her place in history after becoming the first woman to train a Kentucky Derby winner with Golden Tempo.
Some Spirit Airlines customers with flight tickets could be out of luck after the discount carrier ceased operations.
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
Some Spirit Airlines customers with flight tickets could be out of luck after the discount carrier ceased operations.
The lawsuit ramps up a feud between World Liberty Financial and Sun, who last month sued the Trump-backed company for fraud.
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
Nine Native American tribes in South Dakota, North Dakota and Nebraska are suing the federal government in a bid to stop exploratory drilling for graphite near a sacred site in the Black Hills.
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
On this "Face the Nation with Margaret Brennan" broadcast, White House Economic Council Director Kevin Hassett and Sen. Raphael Warnock join Margaret Brennan.
Nine Native American tribes in South Dakota, North Dakota and Nebraska are suing the federal government in a bid to stop exploratory drilling for graphite near a sacred site in the Black Hills.
The incident occurred one week after shots were fired during the White House Correspondents' Dinner in Washington, D.C., and Mr. Trump was rushed off the dais.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
A suspected outbreak of the rare hantavirus on a cruise ship in the Atlantic off Africa killed three people and sickened at least three others, health officials say.
Hosted by Jane Pauley. Featured: The effects of overtourism; horse therapy; a tool to help keep dementia in check; Sting on "The Last Ship"; a golf journalist takes over a failing golf course; a Mozart exhibition; and collecting PEZ dispensers.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia. National Public Radio correspondent Allison Aubrey talks with neurologist Dr. Jonathan Rosand about how making changes to your daily habits might just be the prescription needed.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia.
Russia on Monday declared a unilateral ceasefire with Ukraine between May 8-9, when Moscow marks its annual World War II Victory Day commemorations.
Police said several were injured in the incident, which happened in the Grimmaische Strasse, a street that leads into central Leipzig's shopping area.
Spanish police impounded what is believed to be a national record haul of cocaine from a ship, with the seizure potentially reaching 40 tons, a union said.
Arrests and executions in Iran have been on the rise since the start of the regional war triggered by a U.S.-Israeli attack on Feb. 28.
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The stars are out at the Met Gala, walking the red carpet adorned in clothing designed for the "Costume Art" theme.
Alex Damon, one of the minds behind the "Star Wars Explained" viral videos, joins CBS News to discuss the franchise as fans celebrate May 4, a popular day among followers.
Fashion's biggest night, the 2026 Met Gala, will take place Monday night on New York City's Upper East Side. Lauren Sherman, CBS News contributor and fashion correspondent for Puck, joins to discuss.
In an exclusive interview with "CBS Mornings" co-host Gayle King, Lizzo spoke about releasing new music and her ongoing legal battle, saying, "the truth is less salacious than the headlines."
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
"Sunday Morning" looks back at historical events on this date.
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.
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Cole Allen, the suspected shooter at the White House Correspondents' Dinner, was moved off suicide watch in jail ahead of his appearance in court on Monday. CBS News senior coordinating producer Anna Schecter has more.
Spanish police impounded what is believed to be a national record haul of cocaine from a ship, with the seizure potentially reaching 40 tons, a union said.
U.S. Attorney for the District of Columbia Jeanine Pirro is claiming that Cole Allen, the suspect linked to a shooting at the White House Correspondents' Dinner, fired a shot that hit a Secret Service agent's vest. CBS News' Katrina Kaufman has more.
At least 13 people were at hospitals following a shooting at a party at Arcadia Lake, near Oklahoma City, police say.
The incident occurred one week after shots were fired during the White House Correspondents' Dinner in Washington, D.C., and Mr. Trump was rushed off the dais.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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.
The second week of testimony is underway in Elon Musk's lawsuit against Sam Altman's OpenAI. On Monday, an email sent by Musk two days before the trial came under scrutiny. New York Times tech reporter Mike Isaac joins CBS News with more.
Alex Damon, one of the minds behind the "Star Wars Explained" viral videos, joins CBS News to discuss the franchise as fans celebrate May 4, a popular day among followers.
Fashion's biggest night, the 2026 Met Gala, will take place Monday night on New York City's Upper East Side. Lauren Sherman, CBS News contributor and fashion correspondent for Puck, joins to discuss.
The U.S. destroyed six small Iranian boats in the Strait of Hormuz, Central Command said Monday. CBS News contributor Aaron MacLean, retired U.S. Navy Adm. Robert Murrett and CBS News White House reporter Aaron Navarro join with more.
Several deaths and sicknesses on a cruise ship in the Atlantic Ocean are being blamed on the rare hantavirus infection. CBS News' Ramy Inocencio reports.