Wall Street breaks 7-week losing streak — longest since 2001
Investors cheered by economic data showing that inflation slowed in April for the first time since November 2020.
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Investors cheered by economic data showing that inflation slowed in April for the first time since November 2020.
Compensation for chief executives rose more than 17% in 2021, compared with 4.4% for private-sector workers.
Greg Swenson, a founding partner of the merchant banking firm Brigg Macadam, joins CBS News' Jim Axelrod to discuss the latest stock market updates.
As the fears about the stock market swings continue, many are worried about their retirement funds. Senior writer, editor and producer at AARP John Waggoner joins "CBS News Mornings" to explain what people ages 50 and older should consider when looking at the changing market.
Americans are paying record high prices at the pumps, as inflation fears wreak havoc on the stock market. Errol Barnett reports from Washington, then Lana Zak speaks with Baker Boyer Bank's Chief Financial Officer John Cunnison about how this will impact the average American.
A volatile week for the stock market has some investors worried the economy could fall into a recession. Jaime Quiros, senior portfolio manager at FBB Capital Partners, speaks with CBS News' Lana Zak on how the uncertainty could impact our daily lives.
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
A major stock market index briefly hit bear market territory on Friday after a volatile week of trading. George Ball, chairman at the investment firm Sanders Morris Harris, speaks with CBS News' Tanya Rivero and Nancy Chen on whether the U.S. economy is headed for a recession.
Stocks plummeted on Wall Street on Wednesday, as poor results from retailers led to renewed fears. Jill Schlesinger has more.
Stocks claw back losses after flirting with the first bear market since early 2020.
Friday's rebounding stocks are not enough to make up for the steep losses earlier in the week. The hit comes after retail giants Walmart and Target reported lower than expected earnings. Nancy Davis, chief investment officer for Quadratic Capital Management, spoke with CBS News anchors Nancy Chen and Tanya Rivero about how the recent market volatility affects Americans.
The stock market is responding to new consumer spending information coming out this week. Big-box retailers are facing major losses as inflation is driving customers away. David Bahnsen, Founder, Managing Partner and CIO of The Bahnsen Group shares his advice for investors and analysis of the market on "CBS News Mornings."
The stock market plunge and inflation present two challenges for President Biden and Democrats, who are hoping to retain control in the upcoming midterm elections. Ed O'Keefe has more details.
S&P 500 suffers biggest one-day drop since 2020 as "stagflation" fears fuel concern about of a U.S. downturn.
Elon Musk has shared online that his deal to buy Twitter is "on hold." The social media giant's stock price has fluctuated in response to the changing news. Axios media reporter Sara Fischer joined "CBS News Mornings" to discuss.
Helene Braun, U.S. markets reporter for CoinDesk, joins CBS News at the closing bell to discuss what's driving the downward trend of the crypto market, and why corporate involvement could make the online currencies lose even more of their value.
Stocks hit their lowest point of the year Monday. All three major domestic indexes dropped by at least 2%. Dory Wiley, president and CEO of Commerce Street Holdings, joined "CBS News Mornings" to explain what's behind the recent swings and share advice for investors.
The stock market continued its downward trend Monday, as Americans face the highest inflation in decades. John Leer, chief economist for Morning Consult. joins Elaine Quijano on CBS News to discuss.
Investors are concerned that tightening monetary policy could tip the U.S. economy into recession.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the dramatic stock market drop following the Federal Reserve raising interest rates to combat high inflation. She explains investors' reactions and what this means.
Investors cheered after Federal chair Jerome Powell says central bank is "not actively considering" bigger rate hikes.
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.
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.
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.
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 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.
The Milwaukee County Sheriff's Office said Romo was pulled over around 6 p.m. on Thursday.
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.
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
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.
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.
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.
At the Shrimp Basket restaurant in Pensacola, Florida, a customer consistently ordered a cup of gumbo for lunch and for dinner for 10 years. When he didn't show up one week, the chef went to his house to check on him. Steve Hartman goes "On the Road" with the story, months later.
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.