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.
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.
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.
Iran attacks Bahrain, Kuwait, Jordan and a ship in the Strait of Hormuz as at least 3 U.S. forces are killed and dozens wounded in the escalating conflict.
Defense Secretary Pete Hegseth said the administration estimates that the Iran war has cost $37.5 billion since it began in late February.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
New Jersey Gov. Mikie Sherrill said a preliminary analysis showed that fewer than 400 of the people registered that way went on to cast ballots.
Ukraine's President Volodymyr Zelenskyy announced that he will replace the commander-in-chief of the armed forces as a government shakeup continues.
Arizona has traditionally been a red state, and six of its nine House representatives are Republicans.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
Roger Rogoff was fired from his role as U.S. attorney in Seattle shortly after judges on the U.S. District Court for the Western District of Washington appointed him to the job.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
The Senate Intelligence Committee advanced Jay Clayton's nomination for director of national intelligence, despite opposition from Democrats.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
The lawsuit alleges that Eli Lilly misled consumers by using outdated clinical trial data to make its drugs appear more effective than Novo's.
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
Roger Rogoff was fired from his role as U.S. attorney in Seattle shortly after judges on the U.S. District Court for the Western District of Washington appointed him to the job.
New Jersey Gov. Mikie Sherrill said a preliminary analysis showed that fewer than 400 of the people registered that way went on to cast ballots.
The Senate Intelligence Committee advanced Jay Clayton's nomination for director of national intelligence, despite opposition from Democrats.
Defense Secretary Pete Hegseth said the administration estimates that the Iran war has cost $37.5 billion since it began in late February.
Health and Human Services Secretary Robert F. Kennedy Jr. said his agency is pausing $867.5 million in Medicaid payments to California and $199 million to Minnesota.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Melinda French Gates talked about menopause and her philanthropic focus on women's health in the debut episode of Norah O'Donnell's "Healthful" podcast.
Melinda French Gates recalled to Norah O'Donnell on "Healthful" that she started getting perimenopause symptoms in her early 40s. "I kind of couldn't believe it because I just finished having my last child in my late 30s," French Gates said. French Gates added it took three doctors to diagnose her symptoms and to get her the right treatments.
The FDA says Taylor Farms lettuce is still the focus of their ongoing cyclospora investigation, despite a false positive test announced Sunday. Carter Evans reports.
Prisoners with severe medical conditions can be granted compassionate release, but without a long-term care facility willing to accept them, many continue to wait in prison as their conditions worsen.
Ukraine's President Volodymyr Zelenskyy announced that he will replace the commander-in-chief of the armed forces as a government shakeup continues.
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
Sgt. Michael Emmanuel Swinton, 30, of North Carolina, was "decommissioning ammunition and an accident happened," Secretary of State Marco Rubio said.
A man stabbed two tourists near the ancient Acropolis in Athens, Greece's top tourist attraction, police said.
Christopher Nolan's "The Odyssey" has made history as the first feature-length film shot entirely on 70mm IMAX cameras. Jay Holben, technical editor for the American Cinematographer, joins CBS News to discuss.
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
Josh Duhamel talks with "CBS Mornings" about starring in "Ransom Canyon," how much he knew about ranch life before the show and his growing family.
Oprah Winfrey announced she's expanding her podcast, "The Oprah Podcast." Starting on Tuesday, two new episodes will drop weekly. She spoke to "CBS Mornings" co-host Gayle King about her decision and revealed more about the guests she's had appear on the podcast.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
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An AI expert said the telltale signs people once relied on, such as distorted fingers, unnatural eyes, or other obvious visual flaws, have largely disappeared as technology has improved.
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.
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
A veteran was arrested for allegedly setting off fireworks and starting a fire in front of a Manhattan building that houses several federal offices, including ICE, the FBI says. CBS News' Anna Schecter shares more details.
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Two Greek American tourists were stabbed near the Acropolis in Athens, Greece, police said. CBS News' Anna Coren has more.
More details are emerging about the Army veteran accused of starting a fire outside a federal building in lower Manhattan on Monday. CBS News' Tom Hanson has more.
A U.S. Army veteran was arrested after he set off fireworks and started a fire outside of a Manhattan building, which houses federal agencies, including ICE, the FBI said. CBS News' Anna Schecter has more details.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Sen. Gary Peters and Secretary of Defense Pete Hegseth got into a heated exchange on the Senate floor Tuesday with Peters calling Hegseth a failure over the Iran war as the Pentagon seeks billions in additional funding. See the moment.
Health Secretary Robert F. Kennedy Jr. said on Tuesday the outbreak of a severe intestinal illness is under control, adding the source has been identified. Former FDA Commissioner Dr. Robert Califf joins to assess the federal government's response.
House Republicans scored a win Tuesday afternoon after the chamber narrowly passed a procedural vote on their legislative agenda. It faces a final vote later in the evening. Independent Rep. Kevin Kiley of California, who typically votes with Republicans, joins "The Takeout" with his perspective.
President Trump on Tuesday said the U.S. is not leaving Iran and intends to inflict still more aerial damage on targets, specifically a place called Pickaxe Mountain, but the war will soon run into genuine budget limits. CBS News' Charlie D'Agata and Weijia Jiang report. Then, Matthew Kroenig, nonresident senior fellow at the Atlantic Council, joins with analysis.
Senators on Tuesday grilled Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine over the state of the war with Iran. CBS News congressional correspondent Caitlin Huey-Burns has the details.