Market sell-off amid U.S.-China trade tensions
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.
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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.
Intel was under the Wall Street spotlight Tuesday as shares popped nearly 7% on news that the struggling chip maker secured a $2 billion investment from SoftBank. Plus, as Commerce Secretary Howard Lutnick confirmed, the White House is considering buying a 10% government stake in the company. Bloomberg News technology editor Sarah Frier joins CBS News with more.
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business. CBS News senior transportation correspondent Kris Van Cleave has more.
Shares of Intel slipped on Thursday after President Trump called on the CEO to resign. CBS News contributor JD Durkin has more.
President Trump's sweeping tariffs on dozens of countries are now in effect. The markets are reacting to the changes in trade. CBS News' Ramy Inocencio reports.
Friday was a very down day on the stock market after a new jobs report showed a hiring slowdown and President Trump's unveiling of higher tariffs for many top U.S. trading partners. CBS News' Kelly O'Grady and Ed O'Keefe have the latest.
Republican Sen. Josh Hawley voted with Democrats to advance legislation to ban members of Congress from owning individual stocks.
Investors are bracing themselves for second-quarter corporate earnings reports. Meanwhile, Commerce Secretary Howard Lutnick said on "Face the Nation with Margaret Brennan" that the White House is expecting major trade deals over the next two weeks as President Trump's Aug. 1 tariff deadline approaches. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
New data from the Labor Department shows inflation ticked up to its highest level since February in June with consumer prices rising at an annual rate of 2.7%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones finished the day down on Tuesday after new data showed inflation accelerated in June, rising 2.7% on an annual basis. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stocks finished the day up slightly with President Trump's new Aug. 1 trade deal deadline looming. CBS News contributor Javier David has more.
Stocks fell across the board on Friday after President Trump threatened a new 35% tariff on Canada. CBS News contributor Javier David breaks down the market's reaction.
Iran denied its negotiators would be meeting with U.S. officials in Qatar after President Trump announced the talks would resume at Tehran's request.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
Once Russian soldiers reach certain parts of the front lines of the war in Ukraine, they can expect to live an average of just 20 to 35 minutes, according to a grim estimate by Russian military bloggers.
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
A blast from an explosive device has seriously injured three people at a residential building in Monaco.
A heat wave will blast a large swath of the U.S. this week. The National Weather Service says temperatures will feel hotter because of the high humidity that's arriving with it.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
Officials say people and pets should keep a safe distance away from the water to limit the chances of an alligator encounter.
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
This year's Fourth of July celebrations in D.C. — marking the nation's 250th birthday — will include hours of military flyovers and a massive fireworks display that could stretch late into the night.
The Alaska Supreme Court ruled Monday that a man with the same name as Republican Sen. Dan Sullivan can challenge the sitting lawmaker in the state's GOP Senate primary in August.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
A big majority say the nation has succeeded in achieving its founding ideals, at least a fair amount, if not a great deal. But Americans also see a nation facing challenges today, according to CBS News' most recent poll.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
The USDA says almost 11% of SNAP payments contain errors, almost double the threshold set by Congress. Here's what is going on.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
This year's Fourth of July celebrations in D.C. — marking the nation's 250th birthday — will include hours of military flyovers and a massive fireworks display that could stretch late into the night.
The Alaska Supreme Court ruled Monday that a man with the same name as Republican Sen. Dan Sullivan can challenge the sitting lawmaker in the state's GOP Senate primary in August.
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
A big majority say the nation has succeeded in achieving its founding ideals, at least a fair amount, if not a great deal. But Americans also see a nation facing challenges today, according to CBS News' most recent poll.
The bipartisan committee said it "did not find evidence that your actions violated federal law, Senate rules or related standards of conduct."
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
A blast from an explosive device has seriously injured three people at a residential building in Monaco.
Europe has the oldest population of any continent while also warming the fastest, leading to a dangerous and deadly situation.
Once Russian soldiers reach certain parts of the front lines of the war in Ukraine, they can expect to live an average of just 20 to 35 minutes, according to a grim estimate by Russian military bloggers.
Ukraine has intensified strikes on Russia recently, targeting energy and logistics infrastructure.
Tens of thousands of people are still presumed to be missing after two powerful earthquakes struck Venezuela last week.
Will Taylor Swift be marrying Travis Kelce this week at Madison Square Garden? Jericka Duncan reports.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
RoseMarie Terenzio, who was JFK Jr.'s former chief of staff and planned his secret wedding to Carolyn Bessette, said she doesn't think Taylor Swift and Travis Kelce are getting married at Madison Square Garden.
Olivia Wilde and Edward Norton, stars of "The Invite" preview the film, which explores the unraveling and evolution of two very different marriages over the course of an unforgettable evening. The two discuss if they brought any of their own experiences to the movie and Wilde, who also directed the film, shares why she was initially reluctant to star in it.
"CBS Mornings" exclusively reveals the trailer for "The Angry Birds Movie 3." The film stars Jason Sudeikis and debuts in theaters on Dec. 23.
The Trump administration is allowing Anthropic to restore access to its Mythos 5 AI model for a select group of U.S. companies and federal agencies. New York Times tech reporter Sheera Frenkel joins CBS News to discuss.
The transcontinental railroad changed just about everything in America: transportation, communications, commerce, cities, politics, even our perception of time. Correspondent David Pogue visits Steamtown National Historic Site, in Scranton, Pa., home to Big Boy, the biggest functioning steam train in the world, to learn how trains helped define an expansive America.
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.
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
German police say a suspect was in custody and six were killed in a rare shooting that took place at a youth center in Stade, near Hamburg.
Alex Murdaugh is expected back in court in South Carolina on Monday for the first time since the state Supreme Court overturned his convictions for killing his son and wife. Skyler Henry reports.
For most of his life, Reggie Reed has wondered who murdered his mother Selonia Reed decades ago in Hammond, Louisiana. A fresh look at the evidence ultimately implicated the man he called his "rock" — Reginald Reed Sr., the man who lovingly raised him.
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
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.
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
High winds and temps continue to fuel major wildfire in Utah; JetBlue flight reports collision with drone while landing at JFK.
In southern Utah, the Cottonwood Fire tore through part of Eagle Point Resort, forcing it to close. Samantha Garcia, director of marketing for Eagle Point, joins CBS News to discuss.
NASA will attempt a daring space rescue mission as soon as Tuesday morning to prevent an aging telescope from falling back to Earth. CBS News space consultant Bill Harwood has more.
The back-to-back earthquakes in Venezuela last week knocked out power in two of the three public hospitals in the hard-hit coastal state of La Guaira, the director of the nonprofit "United Doctors of Venezuela" tells the New York Times. New York Times reporter Genevieve Glatsky joins CBS News to discuss.