Stocks fall on COVID-19's spread, Fed's cautious comments
Investors are worried that an increase in infections in some U.S. states could threaten the nation's economic recovery.
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Investors are worried that an increase in infections in some U.S. states could threaten the nation's economic recovery.
The "biggest payroll surprise in history" is fueling investor optimism that the economy is rebounding.
Biotech stocks like Moderna and Novavax are up as much as 1,200% this year as Wall Street bets on coronavirus cures.
Moderna's CEO and other executives made millions selling stock after the company's COVID-19 vaccine announcement. CBS News MoneyWatch senior reporter Stephen Gandel joins CBSN's Tanya Rivero with the latest.
Stock market has surged 35% since a mid-March low as investors hang their hopes on an economic recovery.
"It's going to be certainly a very historic moment, and special moment for the traders on the floor," Stacey Cunningham, president of the NYSE said.
Investors are jittery as the Trump administration ratchets up the pressure on tariffs ahead of negotiations with China on Thursday.
President Trump is threatening to raise tariffs on $200 billion worth of Chinese goods, rattling investors and causing the Dow to plunge. Melissa Amro, founder and owner of The Stock Swoosh, LLC, joined CBSN to talk about the possible impacts that these tariffs could have on the U.S. economy.
The stock market opened Friday following the Trump administration's increase in tariffs on Chinese goods. Senior columnist at Yahoo Finance, Rick Newman, joined CBSN to discuss how the tariffs are impacting the market, and consumers.
Reddit co-founder and venture capitalist Alexis Ohanian says "we've waited too long" to have conversations about technology that's already used widely in our society. He spoke with CBSN about the upcoming congressional hearings that are meant to explore possible antitrust violations by Facebook, Google, Amazon, and Apple.
President Trump is calling John Bolton a "hawk" but says he still has confidence in his national security adviser despite calling off a planned strike on Iran. This comes as the president gears up for high-stakes talks with Russia's Vladimir Putin and China's Xi Jinping at the G20 summit in Japan next week. White House columnist for The Hill, Niall Stanage, joins CBSN to break down the latest developments.
The trade battle between the U.S. and China is rocking stock markets around the world. Market futures predict a rebound today after Wall Street's worst day of the year. Major indexes lost nearly 3% or more yesterday and the Treasury Department is now labeling China as a currency manipulator. CBS News business analyst Jill Schlesinger joined "CBS This Morning" with more on what that means for your money.
President Trump says the U.S. is in a "very strong position" with China over trade. The stock market saw a slight recovery Tuesday morning after suffering its worst losses of the year. Yahoo Finance reporter Scott Gamm joins CBSN with more on how U.S.-China trade tensions could impact the market.
U.S. stocks fell sharply after worrying signs from the bond market and global economies. Melissa Armo, founder of The Stock Swoosh, joins CBSN with more.
President Trump and his advisers are pushing back against the idea that a recession could be coming, and they're also watching China's response to protesters in Hong Kong. Chip Reid reports.
The White House is pushing back against recession fears after some stock market turmoil last week. President Trump told reporters Sunday that America's economy is the best in the world, despite serious warning signs of a possible recession on the horizon. CBS News national correspondent Chip Reid joins CBSN's Anne-Marie Green with the latest from Washington.
The Dow lost more than 1% after China announced a round of retaliatory tariffs on $75 billion of U.S. products.
The U.S. employment report for August showed employers added 130,000 jobs. Yahoo Finance reporter Scott Gamm joined CBSN to talk about its impact on the stock market.
Investors are hopeful for another interest-rate cut and a potential U.S.-China trade deal
President Donald Trump finished 2019 as only the third president in history to be impeached. CBS News White House correspondent Ben Tracy looks back on a rocky year, recapping failures and successes - and looks ahead to what this election year may hold.
Coronavirus fears wiped out all of this year’s gains in the stock market. The Dow lost more than 1,000 points today, and the Nasdaq and S&P 500 also tanked. The number of cases of illness here in the U.S. shot up to 53 over the weekend, as dozens of sick passengers returned from that cruise ship in Japan. Mark Phillips reports.
Traders will be required to wear masks and prohibited from using public transportation, NYSE president says.
As Coronavirus cases spread throughout the world, the fear and uncertainty is taking a drastic toll on the financial markets. Meg Oliver reports.
Panic over a coronavirus outbreak could send the stock market into its worst week since the 2008 financial crisis. The Dow Jones industrial average saw its worst one-day point drop in history on Thursday as it lost an entire year’s worth of gains over the course of a week. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss the likely economic fallout.
Coronavirus fears caused stocks to fall for the seventh straight day. Traders blamed the lack of consistent message from the Trump administration. Nikki Battiste 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 Golden Knights had taken a two-games-to-one lead in the Stanley Cup Finals, but Carolina came roaring back, winning three straight to take home their first championship since the 2005-2006 season.
The Golden Knights had taken a two-games-to-one lead in the Stanley Cup Finals, but Carolina came roaring back, winning three straight to take home their first championship since the 2005-2006 season.
The establishment of the fund comes less than two weeks after a judge ruled the Kennedy Center's board acted unlawfully in adding the president's name to the performing arts center.
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.
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 establishment of the fund comes less than two weeks after a judge ruled the Kennedy Center's board acted unlawfully in adding the president's name to the performing arts center.
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.
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.
Trump says U.S.-Iran deal "is now complete," U.S. ending blockade on Strait of Hormuz; Inside Trump's trip to the G7 Summit.
First, a look at the progress made on AI-powered humanoid robots. Then, seeing the rooms left behind after school shootings. And, Lamine Yamal: The 60 Minutes Interview.
Meg Oliver visits Troy, New York, to report on the real man who inspired America's Uncle Sam.
The Knicks returned to New York City Sunday as NBA champions after beating the San Antonio Spurs in Game 5 of the NBA Finals Saturday night. Shanelle Kaul reports on the celebrations in the Big Apple.
Soccer fans from far and wide are taking to the streets of major American cities in droves as the World Cup gets underway. Nicole Valdes reports.