Dow Jones rallies 800 points Friday
Aaron Weinman, finance correspondent for Business Insider, joined CBS News' Michelle Miller and Tanya Rivero to discuss Friday's stock market rally.
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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.
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
Financial markets rebounded Tuesday, but some analysts think U.S. stocks have yet to touch bottom.
The Federal Reserve raised interest rates as all major stock averages ended last week in the negative, but U.S. Treasury Secretary Janet Yellen said a recession is neither "imminent" nor "inevitable." Akane Otani, a reporter at The Wall Street Journal, spoke with "CBS News Mornings" about Yellen's comments amid growing fears about the future of the economy.
The U.S. stock market on Friday ended its worst week since March 2020. John Quelch, dean of the University of Miami Herbert Business School, joins CBS News senior investigative correspondent Catherine Herridge to discuss the state of the economy.
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years after the Federal Reserve raised its key rate by three-quarters of a point. CBS News' Lana Zak joins Carter Evans to discuss the impact of soaring rates on consumers.
The Federal Reserve raised interest rates by 0.75 percentage points Wednesday in an effort to fight inflation. CBS News Chief White House Correspondent Nancy Cordes reports on how the Biden administration is responding to the news, then CBS News Business Analyst Jill Schlesinger breaks down the impacts of this rate hike on the job market and your finances.
The Federal Reserve announced Wednesday it is raising its benchmark interest rate by three-quarters of a percentage point, the sharpest hike since 1994. CBS News correspondent Carter Evans reports on the decision. Then, Megan Greene, global chief economist for the Kroll Institute and a senior fellow at the Harvard Kennedy School, joins CBS News to discuss how the increase could affect the consumers.
With stocks plunging and inflation at a 40-year high, experts offer tips for riding out the turbulence.
Making the right moves with your investments and retirement plan is key when the stock market is in free fall like it has been. Joe Saluzzi, partner and co-founder of Themis Trading spoke to Anne-Marie Green and Vladimir Duthiers on CBS News about what to do with your portfolio.
Wall Street has entered a bear market, but experts warn you shouldn't do anything rash. CBS News Business Analyst Jill Schlesinger spoke to Anne-Marie Green and Vladimir Duthiers on CBS News about how to handle your finances in a down market, and what's to blame for plummeting prices.
Volatility follows Monday's turmoil which brought panic among many worried about their 401(k) retirement savings.
The S&P 500 hit a bear market for the first time in two years as stocks face "their worst start to a year in decades."
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
Lori Bettinger, the co-president of Alliance Partners, joined CBS News' Tanya Rivero and Nikki Battiste to discuss the upcoming consumer price index report.
Dow dives more than 600 points as central bankers struggle to contain spiraling food, energy and other prices.
Yahoo! Finance reporter Emily McCormick speaks with CBS News' Tanya Rivero and Elaine Quijano about the factors causing the U.S. stock market to fluctuate.
Trading remains choppy as investors try to determine how rising interest rates and inflation will impact economy.
While major financial markets ended the day in positive territory, the average price of gas in the U.S. hit a record high of $4.97 per gallon. CBS News' Elaine Quijano and Tanya Rivero discuss the latest developments with Tom Kloza, global head of energy analysis for the Oil Price Information Service.
The U.S. added 390,000 jobs in May and unemployment remained flat at 3.6%, according to the latest jobs report from the Labor Department, but stocks closed the week in the red. CBS News' Elaine Quijano spoke with Lori Bettinger, president of BancAlliance and former director of the federal Troubled Asset Relief Program, about how this affects your paycheck.
The major stock indexes ended Tuesday with losses after ping-ponging throughout the day. Geetu Sharma, the founder and investment manager of AlphasFuture LLC, joins CBS News during the closing bell on Wall Street to discuss what was driving the market and what to expect in June.
Investors retreat as global crude prices jump on European Union plan to embargo most Russian oil exports.
Americans have been facing rapidly increasing prices at the gas station and grocery store and in the housing market. President Biden is expected to address this during a meeting with Federal Reserve Chairman Jerome Powell on Tuesday. Frances Stacy, director of strategy at Optimal Capital, joined "CBS News Mornings" to discuss what's contributing to high inflation.
Explosions were heard near a U.S. base in Iraq, and Iran said it targeted Bahrain, Jordan and Kuwait as the 21-week war intensifies.
President Trump is attending the redo of the White House Correspondents' Dinner on Friday night, after an armed assailant upended April's dinner.
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
The Milwaukee County Sheriff's Office said Romo was pulled over around 6 p.m. on Thursday.
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
The suspect in Thursday's double stabbing on New York City's Upper West Side has been charged with attempted murder as a hate crime, among other things.
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
The Milwaukee County Sheriff's Office said Romo was pulled over around 6 p.m. on Thursday.
President Trump accused the European Union of "robbing" American companies and taxpayers.
The DNC Rules and Bylaws Committee voted Friday to recommend that South Carolina should hold the nation's first 2028 presidential nominating contest.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
President Trump accused the European Union of "robbing" American companies and taxpayers.
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
A short circuit in the engine compartment can potentially cause a fire. Here's the fix.
President Trump announced new tariffs of up to 12.5% to replace expiring Section 122 levies. Here are the rates for each country.
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
President Trump accused the European Union of "robbing" American companies and taxpayers.
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
Confirmed measles cases in the U.S. just hit a 35-year high, and it's only July.
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
U.S. health officials said they are investigating an additional outbreak of cyclospora, but do not know its source. Plus, Taylor Farms has reportedly shut down the plant where lettuce is suspected to have started the initial outbreak that has sickened thousands in at least 41 states. Carter Evans reports.
Utah's weekly measles case count has fallen. The national tally hasn't, and a newborn who's too young to be vaccinated is caught in between.
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
Alejandro Arias-Monge, 41, had a $500,000 U.S. bounty on his head for alleged drug trafficking.
A charity is turning thousands of knives taken off London streets into a new type of weapon to counter youth violence: Free outdoor gyms.
The case of former officer Daniel Hiers Jr. was featured on "America's Most Wanted."
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
The robot actor is generating work for Hollywood creatives, not stealing jobs from actors, her inventor tells CBS News.
Peter Lassally, the fabled TV executive for such late-night hosts as Johnny Carson and David Letterman, and a mentor for many rising comedians, died July 19, 2026 at age 93. In this March 11, 2018 "Sunday Morning" profile, correspondent Mo Rocca talked with Lassally (affectionately dubbed "The Host Whisperer") about working with the kings of late-night. Lassally also talks about his childhood, part of which was spent in Nazi concentration camps, and also about whether he has had joy in his life.
"Criminal Minds" star Aisha Tyler was only supposed to be in six episodes of the show, but her journey on the series has now spanned over a decade. She tells "CBS Mornings" how her role has impacted her in real life and what it was like to work with guest star Connor Storrie from "Heated Rivalry."
Actor James Norton describes what it is like to play a villain in "House of the Dragon," which is a prequel to "Game of Thrones" and reveals which scene made him nearly faint during shooting.
Days after OpenAI revealed one of its models went rogue and hacked into another company's servers, House lawmakers are considering a bill that would allow the federal government to effectively shut down models that may put the public at risk. Jo Ling Kent explains.
As the back-to-school shopping season begins, you can expect to pay more for certain items, like laptops, due to shortages stemming from artificial intelligence. Brian Westover, principal hardware writer for PCMag, joins CBS News to discuss how you can save money.
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.
New research from a cybersecurity company now indicates that artificial intelligence models are getting better at solving multi-part problems. Gabriel Bernadett-Shapiro, who worked on the project and is a distinguished AI research scientist at SentinelOne, joins to unpack his team's research.
OpenAI is investigating after two of its AI bots went rogue and targeted an outside company during a training exercise in what the company called an "unprecedented cyber incident." Ian Krietzberg, an AI correspondent at Puck, joins with more.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Kaitlin Bender-Thomas and Madison Maynard, two White House Correspondents' Association scholarship recipients, join "The Daily Report" to reflect on April's terrifying shooting ahead of the rescheduled dinner.
The White House Correspondents' Dinner will have a redo in Washington, D.C., on Friday night, after the original event was interrupted in April when a gunman stormed in. It'll be a scaled-down event with scaled-up security. Nicole Sganga reports.
Nearly two years after a school shooting at Georgia's Apalachee High School, a 16-year-old pleaded guilty to killing two fellow students, two teachers and wounding nine other people in Georgia. Jericka Duncan reports.
A judge is set to decide whether to move forward with a jury trial of singer D4vid in the case of 14-year-old Celeste Rivas Hernandez's murder after the doctor who performed her autopsy delivered a disturbing testimony in a preliminary hearing. Adam Yamaguchi has more.
The suspect in Thursday's double stabbing on New York City's Upper West Side has been charged with attempted murder as a hate crime, among other things.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
SpaceX on Friday launched the 13th flight test of its Starship V3 rocket. CBS News space consultant Bill Harwood has the latest.
Kaitlin Bender-Thomas and Madison Maynard, two White House Correspondents' Association scholarship recipients, join "The Daily Report" to reflect on April's terrifying shooting ahead of the rescheduled dinner.
Since the Iran war began in February, Jordan has largely avoided the kind of onslaught Tehran has aimed at places like Kuwait, Bahrain and the United Arab Emirates. With recent attacks, and one that killed three U.S. soldiers, that's changed. CBS News senior national security correspondent Charlie D'Agata examines why.
Outgoing president of the White House Correspondents' Association, Weijia Jiang, spoke at the dinner attended by journalists, politicians, and President Trump on Friday night. The event was rescheduled after a shooting attack disrupted the original dinner in April.
Comic-Con spokesperson David Glanzer joins "The Daily Report" to share more about the popular event happening now in San Diego as Johnny Depp crashes the convention to promote his upcoming film "Ebenezer."