Stocks hover near record highs on energy prices, vaccine optimism
While Pfizer fell 3%, many investors were encouraged by the Food & Drug Administration's full approval of its COVID-19 vaccine.
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While Pfizer fell 3%, many investors were encouraged by the Food & Drug Administration's full approval of its COVID-19 vaccine.
The Department of Labor reported that U.S. jobless claims dropped for the third week in a row. It signals the American economy is strengthening but economists are still concerned about the impact from the rising COVID-19 cases. Axios markets reporter Courtenay Brown joins CBSN's "Red & Blue" to discuss.
Stock markets tumbled Monday with the Dow seeing its worst day since last October. As fears over another wave of COVID-19 rattled the markets, President Biden urged Americans to get vaccinated and tried to calm concerns about inflation. CBS News senior White House correspondent Weijia Jiang joins CBSN AM to discuss.
The U.S. Census retail sales report for the month of June was released on Friday and to many analysts, the numbers were promising. The 0.6 percent bump in sales is significant, the Commerce Department says, since the last rise of this size was last seen in March 2021 around the time stimulus checks were doled out. Diane Swonk, chief economist for Grant Thornton, joined CBSN to help make heads or tails of what the rise could mean for Americans.
Stock trading app has swelled to 18 million funded accounts, with half representing first-time investors.
Top Fed official says first rate increase could come as soon as next year, a year earlier than previous estimate.
Job growth in the U.S. is picking back up as pandemic restrictions ease and COVID-19 vaccinations continue. The Labor Department's latest report shows the country added 559,000 jobs in May and the unemployment rate fell to 5.8%. Frances Stacy, director of portfolio strategy at Optimal Capital, joined CBSN to discuss.
May has been a volatile month for U.S. stocks, with investors concerned about inflation and how the Federal Reserve might respond.
May has been a volatile month for the U.S. stock market amid concerns over inflation and how the Federal Reserve might respond. CBS News business analyst Jill Schlesinger joins CBSN to discuss how to navigate the stock market.
Stocks fell and some Republicans expressed outrage after President Trump said he would impose tariffs on steel and aluminum imports. But how will this impact the average Americans? Scott Gamm, TheStreet.com markets correspondent, joins CBSN to discuss.
Stock markets in Asia took some major hits following Wall Street's plunge. But what happens when a market meltdown starts in China instead of here in the U.S.? CBSN contributor and Signal newsletter writer Gabe Lipton explains.
U.S. stock markets will start the day in a long-awaited correction. The Dow Jones Industrials fell more than a thousand points Thursday for the second time in a week. The Dow had its biggest-ever one-day point decline on Monday. Kenneth Rogoff, Harvard professor and former chief economist of the International Monetary Fund, joins "CBS This Morning" to discuss why investors should stay calm and how Washington impacts the stock market.
U.S. stocks plunged again Thursday, marking the fourth tough trading day for Wall Street. The Dow dropped just over 4 percent as investors worried about signs of inflation. Economist Peter Morici joins CBSN with analysis.
The Dow fell more than 1,000 points in a steep drop at Thursday's close, putting the index into correction territory. CBS News' Jeff Glor anchors this Special Report.
After a long period of low volatility, U.S. markets have been rocked by sudden price movements -- leaving investors wondering what to do next.
Government shutdown looms, lawmakers scramble as the President urges to secure borders; Girl Scouts lobby to rename bridge.
One day after the Dow Jones Industrial Average's biggest single-day point drop ever, the stock market reopened with more fluctuations. The Dow was down 1,175 points, or 4.6 percent, on Monday. Nick Martell, the co-founder of MarketSnacks, joined CBSN for Tuesday's opening bell.
After losing more than 1,800 points over the previous two trading sessions, the Dow bounced up and down Tuesday. CBS News correspondent Bianna Golodryga has a look at what the wild ride means for investors.
The markets remained volatile Tuesday after the Dow dropped 1,175 points the day before. Scott Gamm, markets reporter for TheStreet.com, joins CBSN to discuss the latest.
The Dow plunged 1,175 points, or 4.6 percent, on Monday. CBS News financial contributor Mellody Hobson analyzes the recent volatility at the New York Stock Exchange.
Monday's stock market dive rattled investors who had been watching the U.S. markets hit record highs. But on Tuesday morning, the Dow Jones Industrial Average surged minutes in, up about 200 points. Bianna Golodryga reports.
Monday's stock market dive rattled investors who had been watching the U.S. markets hit record highs. Many are asking if things are looking up on Main Street, why is Wall Street seemingly so panicked? Bianna Golodryga reports.
All three major stock market indexes plummeted Monday amid fears of rising inflation and increased interest rates. At its lowest point, the Dow fell 1,600 points and closed down 1,100 points. It was the largest one-day point loss in the market's history. CBS News business analyst Jill Schlesinger joins CBSN to explain what is affecting the markets.
The Dow Jones Industrial Average dropped more than 660 points on Friday. It's been the worst week for the stock market since President Trump took office. Rick Newman, Yahoo finance columnist, joins CBSN to discuss.
Investors, who until recently were pushing markets to record highs, may be turning bearish.
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Only about a dozen ships passed through the Strait of Hormuz in the first two days of the ceasefire, far below normal traffic levels before the war, data shows.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
California's attorney general filed charges against 21 suspects, accusing the group of defrauding the state of $267 million. Arrests come after a CBS News investigation into hospice fraud.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
The president says the arch will commemorate the nation's 250th anniversary.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
The NFL is being investigated for practices that allegedly harm consumers for licensing games to multiple platforms — paid streaming platforms, paid cable networks, and others, sources said.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
A federal judge blocked a restrictive new Defense Dept. press policy instituted after previously he ruled Pentagon press restrictions issued last year were unlawful.
A politically connected nonprofit animal shelter helped steer Bondi on DOJ's approach on animal cruelty crimes and their prosecution.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Russia's President Vladimir Putin has declared a ceasefire in Ukraine over the Orthodox Easter.
The U.S. is convening hastily arranged diplomatic talks next week in Washington, D.C., aimed at crafting a ceasefire in Lebanon.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.
Ryan Gosling's new movie, "Project Hail Mary," is raising questions about the future of the Sun. CBS News contributor Janna Levin joins with more details.
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
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.
Anthropic says its newest AI model, Claude Mythos, is too powerful and dangerous to be released to the public. Tech journalist Jacob Ward joins CBS News to discuss.
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Police file charges against 21 suspects in what's described as a $267 million fraud case with zero legitimate patients. Adam Yamaguchi reports.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
Jasveen Sangha, the woman described as the "Ketamine Queen," was sentenced Wednesday to 15 years in federal prison for her role in the death of "Friends" co-star Matthew Perry. Carter Evans reports.
Brian Hooker has been arrested by the Royal Bahamas Police Force after his wife, Lynette Hooker, apparently fell overboard from their dinghy and was swept away by currents. Hooker's lawyer denies any wrongdoing. CBS News' Cristian Benavides reports.
Gerhardt Konig, the anesthesiologist accused of trying to kill his wife in Hawaii last year, was found guilty Wednesday of attempted manslaughter based upon extreme mental or emotional disturbance.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
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.
Juliegrace Brufke, host of the "Sources Say Podcast" joins Major Garrett for a talk about the hottest gossip coming out of the nation's capital.
President Trump says he asked Netanyahu to scale back Lebanon strikes; Melania Trump makes a rare statement denying relationship with Jeffrey Epstein.
The Artemis II mission is scheduled to splashdown near San Diego Friday evening. CBS News reporter Jared Ochacher has more.
U.S. service members spoke to CBS News' Jonah Kaplan about the deadly Iranian drone strike in Kuwait and recalled the moment an explosion hit the unit. The survivors described the heroism after the war's deadliest strike against the U.S. and disputed the Pentagon's description of the events.
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.