Stocks jump as the Senate takes steps to end the government shutdown
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
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Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
The health of the U.S. stock market on any given day depends on a number of variables, but the New York Times reports that lately, it almost entirely hinges on the success of artificial intelligence and the companies behind this technology. Evan Gorelick, writer for "The Morning" newsletter at the New York Times, joins "The Daily Report" to discuss.
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The first significant report on the U.S. economy since the government shutdown shows inflation edged up slightly in September. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the stock market reaction.
A new survey conducted by the BlackRock Foundation and Commonwealth found that 54% of Americans living on low-to-moderate incomes, between $30,000 and $80,000 a year, are putting some of their money in the stock market. Claire Chamberlain, president of the BlackRock Foundation, and Timothy Flacke, CEO of Commonwealth, join CBS News to discuss.
Best-selling author Andrew Ross Sorkin examines the lessons from the Stock Market crash of 1929 in his new book, "1929: Inside the Greatest Crash in Wall Street History – and How It Shattered a Nation."
The U.S. stock market rebounded on Monday after President Trump appeared to walk back imposing new tariffs on Chinese goods. CBS News senior business and technology correspondent Jo Ling Kent has more.
Stocks jumped Monday after President Trump said "all will be fine" with China, easing investor fears about his threat to add a new 100% tariff on the country's imports.
DealBook founder and Squawk Box co-host Andrew Ross Sorkin takes a look at the crash of 1929 in his new book. He tells 60 Minutes what may it may indicate about today's stock market.
Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does?
President Trump says the U.S. is imposing an additional 100% tariff on imports from China starting Nov. 1. Today's announcement follows heavy losses on the stock market. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The stock market is reacting to President Trump's latest comments on social media about tariffs against China. CBS News' Natalie Brand reports.
The government's September jobs report has been delayed as the government shutdown continues. CBS MoneyWatch correspondent Kelly O'Grady reports.
Data shows government shutdowns tend to have a modest impact on financial markets and the broader U.S. economy.
In TechWatch, there is a new twist in the Elon Musk-Twitter saga. The company's largest stakeholder is now facing a lawsuit accusing the billionaire of market manipulation. The suit alleges that the world's richest man illegally delayed disclosing his stake in the company in order to purchase more shares at a lower price. CBS News technology reporter Dan Patterson has more.
New data shows Americans are feeling increasingly concerned about the state of the economy. A survey reveals that consumer sentiment fell in September for the second consecutive month. CBS News senior business and technology correspondent Jo Ling Kent has more.
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Nvidia's latest earnings report appears strong, but investors remain wary about a potential AI bubble burst. Nathan Bomey, a business reporter for Axios, joins CBS News with more.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying stock markets. On Monday, markets fell flat. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Federal Reserve Chair Jerome Powell gave a speech that sent all three stock indexes soaring. Traders excavated clues of an interest rate coming. Archie Hall, U.S. economics editor for The Economist, joins "The Takeout" to discuss.
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Investors reacted to a major speech from Federal Reserve Chair Jerome Powell, offering his strongest indication yet that interest rates may be coming. Paul La Monica, senior market analysis writer for Barron's, joins CBS News to discuss.
Target shares fell more than 6% on Wednesday after the retailer reported a quarterly drop in sales and announced a new CEO. Ted Rossman, a senior industry analyst for Bankrate, a financial services company, joins "The Daily Report" to discuss.
Oil prices continue rising as the Trump administration unenthusiastically mulls an Iranian offer to reopen the Strait of Hormuz but delay nuclear talks.
About 20 sites in the Minneapolis area were were targeted as prosecutors refocus attention on a billion-dollar social services scandal.
Cole Allen, the man accused of opening fire at the White House Correspondents' Dinner, was charged with trying to assassinate President Trump.
King Charles III will deliver a rare address to a joint meeting of Congress Tuesday before attending a state dinner at the White House.
Jimmy Kimmel has responded to Donald and Melania Trump calling for ABC to fire him after a joke he made days before the White House Correspondents' Dinner.
The day after a gunman attempted to storm the White House Correspondents' Dinner, President Trump sat down with CBS News' Norah O'Donnell for a "60 Minutes" interview to talk about his experience.
The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.
Acting Attorney General Todd Blanche has asked a federal judge to overturn the judge's own ruling that blocked construction of the White House ballroom, in the wake of the White House Correspondents' Dinner shooting.
The White House Correspondents' Dinner shooting again thrust the Washington Hilton to the center of presidential history. It's been there many times before, most of them good, but also on other dark occasion.
About 20 sites in the Minneapolis area were were targeted as prosecutors refocus attention on a billion-dollar social services scandal.
The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.
When shots rang out at the Washington Hilton during the White House Correspondents' Dinner on Saturday, there were echoes of the hotel's storied presidential history.
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
Ahead of Tuesday's debate in the California governor's race, it's still a wide-open contest, CBS News' latest poll finds.
The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.
In an open letter, Google workers say doing a deal with the Department of Defense would hurt the tech giant's reputation.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Kirby argued that a merger would create jobs, offer more affordable flying options and allow the airline to compete with foreign carriers.
About 20 sites in the Minneapolis area were were targeted as prosecutors refocus attention on a billion-dollar social services scandal.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
King Charles III will deliver a rare address to a joint meeting of Congress Tuesday before attending a state dinner at the White House.
When shots rang out at the Washington Hilton during the White House Correspondents' Dinner on Saturday, there were echoes of the hotel's storied presidential history.
Acting Attorney General Todd Blanche has asked a federal judge to overturn the judge's own ruling that blocked construction of the White House ballroom, in the wake of the White House Correspondents' Dinner shooting.
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Oil prices continue rising as the Trump administration unenthusiastically mulls an Iranian offer to reopen the Strait of Hormuz but delay nuclear talks.
Audias Flores Silva, also known as "El Jardinero," or The Gardener, was seen as a possible successor to "El Mencho," who was killed in February.
Beran A. was arrested after a tip from U.S. intelligence services just before the first of Swift's three planned Vienna concerts in August 2024 .
King Charles III will deliver a rare address to a joint meeting of Congress Tuesday before attending a state dinner at the White House.
Surviving troops disputed Pentagon's account of the attack on the command post in Kuwait, saying the unit "was unprepared" to defend itself.
President Trump and first lady Melania Trump are demanding that late-night host Jimmy Kimmel be fired over remarks he made before the White House Correspondents' Dinner. Nancy Cordes reports.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Eve Plumb starred as middle child Jan Brady on the classic sitcom "The Brady Bunch." While reflecting on her career, she told "CBS Mornings" the beloved show "put me where I am today." Plumb also addressed "The Brady Bunch" not being an instant hit and why one of her iconic lines bothered her, which she discusses in her new memoir.
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
A couple of years ago, the Grammy-winner went home to East Texas to heal from a breakup. She talks about how her "Dry Spell" led to a creative monsoon – her latest album, "Middle of Nowhere."
Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
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.
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
A witness at the White House Correspondents' Dinner describes hearing gunfire before looking and seeing the alleged gunman had fallen to the ground before security surrounded him. The witness, Air Force veteran Erin Thielman, then sprang into action.
Audias Flores Silva, also known as "El Jardinero," or The Gardener, was seen as a possible successor to "El Mencho," who was killed in February.
Beran A. was arrested after a tip from U.S. intelligence services just before the first of Swift's three planned Vienna concerts in August 2024 .
Ahmad Abugharbieh, the younger brother of the man suspected of killing two University of South Florida doctoral students, told CBS News, "My entire family feels so much shame and guilt."
Investigators are looking into the apparent murder of two University of South Florida doctoral students, and are now revealing evidence from the suspect's bedroom and his search history. Cristian Benavides reports.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
Republicans in Florida are pushing to redraw the state's congressional district lines to balance out changes approved last week by voters in Virginia that could give Democrats more seats. The new Florida map would potentially allow the GOP to pick up four seats in the House.
President Trump and first lady Melania Trump are demanding that late-night host Jimmy Kimmel be fired over remarks he made before the White House Correspondents' Dinner. Nancy Cordes reports.
A witness at the White House Correspondents' Dinner describes hearing gunfire before looking and seeing the alleged gunman had fallen to the ground before security surrounded him. The witness, Air Force veteran Erin Thielman, then sprang into action.
Extreme weather in the Midwest brings severe flooding and dangerous winds to parts of the region. Plus, the suspect in the White House Correspondents' Dinner attack is charged with attempting to assassinate President Trump. All that and all that matters in today's Eye Opener.
Correspondents' dinner shooting suspect charged with trying to assassinate the president; Georgia wildfire battle enters second week.