Stocks down as coronavirus outbreaks flare in U.S., China
Wall Street is growing pessimistic amid a resurgence of coronavirus cases in China and new outbreaks in the U.S.
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Wall Street is growing pessimistic amid a resurgence of coronavirus cases in China and new outbreaks in the U.S.
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.
In the first interview since his ex-wife's murder trial, Patrick Clancy describes what happened at home before his children were killed and how he handled his grief in the aftermath.
As President Trump touts a looming decision on his next move in the war, Tehran says any "new aggression" would be met with different weapons in new places.
The three news organizations, which were banned from White House grounds by President Trump, are arguing that the ban is unconstitutional.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
"Most of society is still not aware of how quickly it's moving," Gates said of the latest advances in artificial intelligence.
Officials said the man was shot at least once in the torso and was in serious but stable condition.
Police have not said what led to the shooting or whether the synagogue or Jewish community was targeted.
Data center construction is booming, with many more planned for rural America. But there's also growing tension between economic development and community pushback.
"Most of society is still not aware of how quickly it's moving," Gates said of the latest advances in artificial intelligence.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
The scale and duration of Iran's response appeared to take the U.S. goverenment by surprise, three sources who were in Bahrain at the time told CBS News, in part because families hadn't yet been required to evacuate.
A man shot and killed a woman in Delaware last week, after he mistook her for a deer, police said.
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
"Most of society is still not aware of how quickly it's moving," Gates said of the latest advances in artificial intelligence.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
Predictions that AI could destroy humanity in a few years are irresponsible and not based on science, Nvidia's co-founder told CBS News.
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
The scale and duration of Iran's response appeared to take the U.S. goverenment by surprise, three sources who were in Bahrain at the time told CBS News, in part because families hadn't yet been required to evacuate.
The three news organizations, which were banned from White House grounds by President Trump, are arguing that the ban is unconstitutional.
As President Trump touts a looming decision on his next move in the war, Tehran says any "new aggression" would be met with different weapons in new places.
GOP Sen. Bill Cassidy of Louisiana urged the president to be "radically honest" when he's speaking about vaccines, as the U.S. this year has recorded the most measles cases in more than three decades.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
The twins were born in Ethiopia with a rare condition that left them joined at the head. Doctors spent a year planning a separation surgery.
The discovery of the nine bodies has fueled fear and anger, as authorities investigate whether a serial killer or killers were responsible.
The scale and duration of Iran's response appeared to take the U.S. goverenment by surprise, three sources who were in Bahrain at the time told CBS News, in part because families hadn't yet been required to evacuate.
Meloni said the government would bring the proposed legislation to the Council of Ministers, after which it would require parliamentary approval to become law.
Police have not said what led to the shooting or whether the synagogue or Jewish community was targeted.
An investigation is underway to establish the definitive cause of the deaths inside the area where wildlife including lions, elephants and black rhinos live.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
"Survivor" host Jeff Probst sits down with "CBS Mornings" to discuss the show's upcoming 51st season, which features some new twists and turns.
Ed Sheeran performed alone at his first concert since Macklemore was dropped from the tour for his pro-Palestinian comments onstage, resulting in Sheeran's other openers leaving as well. Sheeran told fans he "never wanted to be an activist musician" amid the controversy. Vlad Duthiers has the latest.
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
This month marks 60 years since the first episode of Star Trek aired on TV, and Dave Malkoff shows how all these years later, the future is now.
Recent polling data shows that a large portion of Americans believe AI models could be used by other countries to harm humans. CBS News' Anthony Salvanto breaks down the numbers.
"Most of society is still not aware of how quickly it's moving," Gates said of the latest advances in artificial intelligence.
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.
Bill Gates, co-founder of Microsoft and the Gates Foundation, sits down with "CBS Mornings" to announce a new coalition for addressing global access to AI and the ongoing debate around tech safety.
Norah O'Donnell spoke with a Texas cattle rancher for "60 Minutes" who says development of AI data centers threatens his livelihood, and may impact how he votes in the next election.
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
The discovery of the nine bodies has fueled fear and anger, as authorities investigate whether a serial killer or killers were responsible.
A federal immigration agent shot a Venezuelan migrant in Austin, Texas, officials say. CBS News' Jason Allen reports.
Meghan Sacks and Amy Shlosberg, criminologists and professors of criminology at Fairleigh Dickinson University, join "CBS Mornings" to break down Patrick Clancy's "60 Minutes" interview.
A Venezuelan man was shot in Austin, Texas, by a U.S. Immigration and Customs Enforcement agent on Sunday, officials say. 28-year-old Wilber Rafael Garces Perez was working for DoorDash at the time of the shooting, his lawyer said. CBS News' Jason Allen reports.
Patrick Clancy says he suffered a "massive, traumatic" panic attack on the second day of his testimony during Lindsay Clancy's murder trial. "60 Minutes" correspondent Ross Douthat joins CBS News Mornings with more on his conversations with Clancy.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Iran-backed Houthi rebels in Yemen say they launched attacks against Saudi Arabia amid escalating tensions in the Middle East. CBS News' Holly Williams has more.
Recent polling data shows that a large portion of Americans believe AI models could be used by other countries to harm humans. CBS News' Anthony Salvanto breaks down the numbers.
There will be no television pool coverage of President Trump on Monday after he banned three major news outlets from the White House. CBS News' Nanc Cordes explains.
Éléonore Caroit, France's delegate minister to the minister for Europe and foreign affairs, joins CBS News with more on French priorities ahead of the United Nations General Assembly and as the war in Iran continues to impact U.S. allies.
1,000 Ukrainian drones targeted Russia in what Moscow's mayor called the "largest ever" attack on the Russian capital. CBS News' Aidan Stretch reports.