MoneyWatch: Stocks rise on last January day
Stocks closed up for the last day of January but were down for the month. Sébastien Page, chief investment officer and head of Global Multi-Asset at T. Rowe Price, joined CBS News to discuss the markets.
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Stocks closed up for the last day of January but were down for the month. Sébastien Page, chief investment officer and head of Global Multi-Asset at T. Rowe Price, joined CBS News to discuss the markets.
An economic analysis report shows a key inflation measure rose 5.8% last year, the highest it's been since 1982. Despite a big leap in the stock market numbers late Friday, major indexes are still down this year. Terry Haines, founder of Pangaea Policy, joins CBS News after the New York Stock Exchange's closing bell to break down how inflation is effecting the economy and what can be done to correct it.
Although the so-called "meme stock" craze has cooled down since skyrocketing last year, shares of companies like GameStop and AMC haven't plunged the way some investors predicted. Some larger institutional investors are rethinking social media's financial impact. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, joins "CBS News Mornings" to discuss.
The stock market rebounded just before closing Monday after the major indexes dropped in early trading, dipping into "correction" territory. Stephen Gandel, news editor for The New York Times' DealBook, joins "CBS News Mornings" to discuss the latest.
The Federal Reserve signaled it's getting ready to raise interest rates as soon as March but will keep rates near zero for now. Jared Woodard, the head of the research investment committee of Bank of America Global Research, joined CBS News at the closing bell to discuss the announcement.
Economists expect the Federal Reserve to start lifting rates as soon as its next meeting in March.
Wall Street analysts expect the central bank this week to signal that it will raise interest rates starting in March.
The markets ended the first day of trading this week up slightly after a wild day of trading. Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Company, joins CBS News at the closing bell to break down what's driving the market.
Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.
The Department of Justice is suing Texas over GOP-approved redistricting maps that the department says discriminate against Black and Latino voters. Plus, the stock market bounces back as health experts find that the Omicron variant of COVID-19 may not be as deadly. CBS News chief Washington correspondent Major Garrett and Politico national correspondent Meridith McGraw join CBSN's "Red & Blue" anchor Elaine Quijano with the latest.
President Biden chose to highlight the lower unemployment rate on Friday which dropped from 4.6 to 4.2 percent for November – glossing over the weak jobs numbers, which were much lower than expected. The stock market did not react kindly to the news, ending on a down note following a tumultuous week. Christina Ruffini has the details from the White House.
Despite some concerns about the Omicron variants impact on an already fragile stock market, President Biden said he's not at all worried about the possible fall. Weijia Jiang reports.
Investors weighing potential impact of the new COVID-19 variant and the Fed chief's change of tune about rising prices.
SpaceX launches Falcon Heavy in dramatic maiden flight; Girl Scouts lobby lawmakers to honor their founder
Harvey Weinstein to spend first night behind bars after conviction; Pioneering NASA mathematician Katherine Johnson dies at 101.
U.S. stock market drops amid coronavirus fears; Group wants to preserve African American "spirituals"
U.S. stock markets made up half their losses from Friday, the worst trading day in nine months.
Concerns about the new variant are spurring a stock sell-off, as some European countries impose flight restrictions.
With rising inflation, many Americans feel bleak about the economy. Here's why Wall Street is shrugging off concerns.
Former President Trump secured nearly $300 million in funding for his new social media venture by agreeing to merge with a special purpose acquisition company. But the deal may have skirted securities laws and stock exchange rules, according to a New York Times report. Lauren Hirsch, a business reporter who co-authored the article, joins CBSN's Lana Zak to discuss.
The shell company that plans to merge with former President Trump's new media platform is losing steam after a trading frenzy in the stock market last week. CBS MoneyWatch reporter Aimee Picchi joins CBSN's Tanya Rivero for more on the story.
President Trump on Twitter mocked former Vice President Joe Biden for wearing a face mask and amplified an unfounded conspiracy theory involving Joe Scarborough. Ben Tracey reports.
The Dow, S&P 500 and Nasdaq all took major hits as a global glut in oil supply and low demand for fuel sent stock prices plummeting. Janet Shamlian reports.
Congressional leaders are close to reaching a $2 trillion rescue package as the stock market made a huge gain on Tuesday. Nancy Cordes has the latest from Capitol Hill.
The Dow plummeted nearly 10%, leaving investors fearing that the government has not done enough to help the economy amid the coronavirus pandemic. Jill Schlesinger reports.
The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.
Pakistan's prime minister said Sunday the U.S. and Iran had reached a deal that includes "the immediate and permanent termination of military operations on all fronts, including in Lebanon."
Defense Secretary Pete Hegseth testified before the Senate Armed Service Committee earlier this year that replenishing the stockpile could take "months and years."
The UFC is hosting a fight series on the White House South Lawn Sunday night.
Vice President JD Vance tells "CBS Sunday Morning" that he and his wife, Usha, will make a decision whether to enter the 2028 presidential race following the 2026 midterm elections.
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
The Missouri State Highway Patrol said the fatal crash occurred near the Butler Memorial Airport, about 60 miles south of Kansas City.
President Trump told Russia's Putin that the war in Ukraine needed to end. Ukraine's Zelenskyy said he and Mr. Trump would speak more at the upcoming G7 summit.
The New York Knicks captured their first NBA championship in 53 years with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals.
Sen. Mitch McConnell was admitted to the hospital Sunday morning, a spokesperson for the Republican confirmed to CBS News.
On this "Face the Nation with Margaret Brennan" broadcast, Defense Secretary and Sen. Mark Warner join Margaret Brennan.
The Senate has been at an impasse over the president's controversial pick to serve as acting intelligence chief that resulted in the expiration of a key spy authority.
Defense Secretary Pete Hegseth testified before the Senate Armed Service Committee earlier this year that replenishing the stockpile could take "months and years."
The Missouri State Highway Patrol said the fatal crash occurred near the Butler Memorial Airport, about 60 miles south of Kansas City.
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
Earlier this week, a federal judge invalidated the White House's $100,000 H-1B fee policy in response to a lawsuit brought by 20 states.
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Juan Hernandez, a former SpaceX employee, owns 6,500 company shares. On the first day of public trading, his wealth ballooned by $1,046,175.
The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.
Sen. Mitch McConnell was admitted to the hospital Sunday morning, a spokesperson for the Republican confirmed to CBS News.
On this "Face the Nation with Margaret Brennan" broadcast, Defense Secretary and Sen. Mark Warner join Margaret Brennan.
The Senate has been at an impasse over the president's controversial pick to serve as acting intelligence chief that resulted in the expiration of a key spy authority.
Defense Secretary Pete Hegseth testified before the Senate Armed Service Committee earlier this year that replenishing the stockpile could take "months and years."
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
In the U.S. the percentage of obese adults is about ten times what it is in Japan. What differentiates the Japanese diet, and how are schools making it their mission to give Japanese children a taste of a healthy life?
A chance emergency room visit led to Amy Piccoli's diagnosis with late-stage colorectal cancer.
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
President Trump told Russia's Putin that the war in Ukraine needed to end. Ukraine's Zelenskyy said he and Mr. Trump would speak more at the upcoming G7 summit.
The following is the transcript of the interview with Gary Cohn, IBM vice chairman and director of the National Economic Council during President Trump's first term, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
The following is the transcript of the interview with Sen. Mark Warner, Demcorat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 14, 2026.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
Artist Lyndon J. Barrois Sr. painstakingly sculpts art depicting soccer players. His medium of choice? The humble chewing gum wrapper. Correspondent Luke Burbank talks with Barrois about his Los Angeles exhibit, "Fútbol Is Life: Animated Sportraits," which captures iconic moments from nearly 100 years of the World Cup in tiny pieces of paper and foil.
"Sunday Morning" remembers some of the notable figures who left us this week, including "Today" film critic Gene Shalit.
David Hockney's constant experimentations in art gave us six decades of swimming pools and sun-drenched scenes, intimate portraits of friends, vibrant depictions of his native Yorkshire, and groundbreaking digital works. The British-born painter died on Thursday, June 11, 2026 at age 88. Correspondent Seth Doane offers an appreciation of the groundbreaking body of work, by an artist whom British Prime Minister Keir Starmer called one of the most important figures in contemporary art in both the 20th and 21st centuries.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
Residents near SpaceX's South Texas campus have mixed opinions about Elon Musk's company and its plans to expand operations. CBS News' Jason Allen reports from Starbase, Texas.
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.
The advent of AI puts a premium on developing skills like critical thinking and communication, according to education experts. The liberal arts can help.
Residents are protesting plans for a 70,000-square-foot data center near the Nashville Zoo. CBS News' Skyler Henry reports.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
The officers in mascot costumes used a metal sledgehammer to break down a door to enter with colleagues.
James Boyard is the cabinet director of Haiti's Defense Ministry and also serves as inspector general of Haiti's police.
On Wednesday, a 45-year-old gunman opened fire on police in Midland, Texas, allegedly refusing to surrender to police. He fled, finally barricading himself in an abandoned veterinary building and shooting wildly. All of those shot were civilians. The gunman was found dead on Friday, with the FBI and state agencies investigating. Jason Allen has more.
At least one person is dead, and 10 others are injured after a gunman opened fire in Midland, Texas, on Friday. The shooter died after a standoff with police. CBS News correspondent Jason Allen reports.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
At age 18, Barcelona sensation Lamine Yamal is regarded as one of the world's best soccer players, just a few years after bursting onto the pro scene. He reflects on his roots and his rise to the top.
For many parents of children killed in school shootings, bedrooms left behind are a devastating reminder of what was taken. Several parents share an emotional look inside these empty rooms.
Engineers and computer scientists are developing AI-powered robots that look and act human. Boston Dynamics invited 60 Minutes to watch its humanoid, Atlas, learn how to work at a Hyundai factory.
Missed the second half of the show? Sens. Mark Kelly, Mark Warner and IBM vice chairman Gary Cohn join.
Gary Cohn, IBM vice chairman and the head of the National Economic Council in President Trump's first term, told "Face the Nation with Margaret Brennan" that prices are "not going to fall like a rock overnight" if a truce between the U.S. and Iran is signed because "we're going to have to see exactly what happens with the Strait" of Hormuz.