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.
Watch CBS News
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.
Stocks open Friday morning in record territory after a passing another big milestone. For the first time, the Dow crossed the 25,000 mark on Thursday, the third record-high in the first three trading days of the New Year. CBS News financial contributor Mellody Hobson joins "CBS This Morning" from Chicago to discuss how the surge impacts Americans.
CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss whether it makes sense to prepay your property taxes ahead of 2018, and how to take advantage of the stock market in the new year.
Personal finance experts explain how being a smart investor in the stock market can help set you on the path to financial freedom in the future. The advice is part of CBSN: Making Your Money Matter -- a special program dedicated to personal finance.
On October 19,1987, stock markets around the world suffered one of their worst days ever. It came to be known as Black Monday. Jerry Kronenberg, managing editor for TheStreet, joins CBSN to discuss the impact of the '87 crash and what lessons we have learned.
Today, the Dow Jones Industrial Average topped 22,000 for the first time in history. The rise was driven by corporate earnings, including strong third quarter results from Apple. CBS News' Roxana Saberi joins CBSN from the New York Stock Exchange with more.
President Trump says the U.S. is not engaged in any talks with Iran as the two countries remain locked in a standoff over the Strait of Hormuz after almost six months of war.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
Three states are holding primaries on Tuesday, with Florida deciding on nominees for both governor and for Senate.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
The skeletal remains were found on Sunday, two years after similar drought conditions exposed bodies in the lake.
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Five flavors of Outshine Fruit Bars sold nationwide were recalled because they may include glass, Dreyer's Grand Ice Cream said.
David Morens, 78, agreed to plead guilty to one count of conspiracy to commit offenses and to defraud the United States.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
The Trump admin. pressured attorneys to investigate allegations of antisemitism at elite universities even though there was no factual or legal basis to do so, former DOJ lawyer says.
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
Ukraine targets Moscow with a huge wave of drones as Russia warns the U.K. will pay a price for supplying Kyiv with long-range weapons.
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
U.S. Ambassador to Turkey Tom Barrack says an Israeli attack on a Syrian air force base was an "unnecessary escalation that does not advance regional stability."
The man is accused of luring Amy Lopez under false pretenses into a secluded room, where he then allegedly handcuffed her, sexually assaulted her and killed her.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
"CBS Mornings" revealed the nominees for three categories at this year's VMAs, including artist of the year.
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to discuss some of her favorite books coming to the big screen this year.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Artificial intelligence and the data centers powering the technology have become a flashpoint ahead of the 2026 midterm elections. Shira Ovide, a technology reporter for The Wall Street Journal, 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.
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
Alpha School is a private school that teaches students subjects like math and reading with artificial intelligence apps. Mackenzie Price, co-founder of Alpha School, joins CBS News to discuss.
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.
Lindsay Clancy's murder trial is generating endless discussion among true crime aficionados online, sparking theories and misinformation over the case. Kathryn Coduto, an assistant professor of media sciences at Boston University, explains why the case has taken social media by storm.
More witnesses will testify at the trial against the man accused of calling the shots in the 1996 murder of Tupac Shakur. CBS News legal contributor Caroline Polisi has the latest details.
Lindsay Clancy's former mother-in-law, Susan Clancy, told the courtroom on Tuesday that her former daughter-in-law was "begging for help" during postpartum.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Temporary Protected Status has now been revoked for more than 1 million people from 13 countries. CBS News immigration correspondent Camilo Montoya-Galvez has more.
President Trump said Tuesday there is no ongoing dialogue with Iran to with Iran aimed toward ending the war and no further discussions are scheduled. CBS News' Olivia Rinaldi has more.
Lindsay Clancy admitted to killing her three children, but her defense is trying to prove in court that she suffered from postpartum psychosis and was overmedicated. CBS News' Shanelle Kaul reports.
Alaska, Wyoming and Florida are holding primaries Tuesday with Florida voters facing ballot choices for governor and both chambers of Congress. CBS News Anthony Salvanto and Nikole Killion have more.
The body of Mississippi teen Nolan Wells was found days after he went missing during a Fourth of July boat trip. NAACP general counsel Kristen Clarke explains why the civil rights organization is joining the Wells family in searching for answers.