U.S. markets in meltdown as coronavirus panic intensifies
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.
Stock Market
Trump says he doesn't need to be tested for coronavirus
As U.S. officials step up the response to the coronavirus, President Trump insists he does not need to be tested. Weijia Jiang reports.
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Expert on debt ceiling's stock market impact
President Biden signed a bill to fund the government through December 3. But that doesn't solve the issue of the debt ceiling, which Treasury Secretary Janet Yellen says needs to be raised by October 18. CBS News business analyst Jill Schlesinger spoke with Anne-Marie Green and Vladimir Duthiers on CBSN about the potential consequences if Congress can't hammer out a deal and how you should handle your investments amid the uncertainty.
Stocks slump as investors fret about Fed and China's Evergrande
Investors focused on whether the Federal Reserve will signal this week that it plans to withdraw economic stimulus.
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.
U.S. jobless claims drop for 3rd consecutive week
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.
Fears over COVID-19 rattle stock markets
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.
June retail sales numbers show spending in U.S. is up
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.
Robinhood IPO filing reveals $1.4 billion loss
Stock trading app has swelled to 18 million funded accounts, with half representing first-time investors.
Dow has worst week since October on prospect of interest-rate hikes
Top Fed official says first rate increase could come as soon as next year, a year earlier than previous estimate.
Unemployment rate down to 5.8%
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.
How to navigate a zigzagging stock market
May has been a volatile month for U.S. stocks, with investors concerned about inflation and how the Federal Reserve might respond.
How to navigate a zigzagging stock market
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.
Rising CEO pay amplifies calls to tax the rich
The stock market is starting the month off strong as the U.S. economy shows signs of recovery from the pandemic. CBS News senior MoneyWatch reporter Stephen Gandel joins CBSN to discuss how Wall Street is reacting to President Biden's proposal to increase taxes on top-tier income earners, how CEOs' paychecks fared during the pandemic, and the risk of inflation.
Enjoy Wall Street's quiet time, while it lasts
The summer doldrums are in full force, yet stocks keep climbing no matter what -- but that could change in September
U.S. retail sales explode in March, up nearly 10%
Retail sales in March jumped nearly double what economists predicted. It sent stock markets soaring.
S&P 500 closes above 4,000 for first time
Biden's massive infrastructure push seen as good for big tech and smaller companies that benefit from a growing economy.
Many Americans put stimulus money into stocks
Many Americans are planning to their new $1,400 stimulus checks in the stock market. Companies like Amazon, GameStop, and AMC Entertainment may start seeing a boost over the next few weeks, but some finance experts are concerned. CBS MoneyWatch senior reporter Stephen Gandel joins CBSN's Elaine Quijano to break it all down.
Robinhood and Jim Cramer fuel stocks for "stimmy" rally
At least one legendary investor, though, says stimulus checks flowing into the market will lead to a "spectacular bust."
Reddit's WallStreetBets hit by bots
Moderators of Reddit's WallStreetBets forum say they're seeing a large amount of stock-recommendation content being posted by bots. MoneyWatch senior reporter Stephen Gandel joins CBSN AM to break down the latest information on the forum, which caused a stir as members bought Gamestop stock, driving the price up.
WallStreetBets silver market frenzy turns tables on Wall Street
As with GameStop, an extended rise could force big investors to reverse short trades — pushing silver prices higher.
AMC, Nokia and other "meme stocks" targeted by WallStreetBets
GameStop isn't the only struggling company whose stock has surged after retail investors flooded in.
GameStop, Reddit and the Battle of Wall Street
The titans of finance were shaken by a subculture of amateur traders on WallStreetBets, whose viral stock purchases sent hedge funds reeling.
Some Israeli settlers use sheep to push Palestinians from West Bank homes
Terminal in Riyadh airport hit again, a day after deadly strike killed 12
Trump announces Russia-Ukraine "energy ceasefire" after criticizing Zelenskyy
Drone swarms are a problem Secret Service says they have not solved yet
Steve Bannon on the GOP and the midterms: "We can't afford to lose"
Trump administration ordered to cancel taxpayer-funded TV ads
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