Stocks drop, oil prices surge
Stocks tumbled and oil prices surged on Friday in the wake of Israel's strikes in Iran. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stock Market
Stock markets slide and oil prices surge after Israel attack on Iran
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
Stocks waver in wake of U.S.-China framework
The Dow Jones had an up and down day Wednesday, finishing flat after news of the U.S. and China agreeing to a framework for a trade deal and new data that showed inflation rose slightly in May, although less than economists had expected. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Face The Nation: Robert Lighthizer, Christine Lagarde
Missed the second half of the show? The latest on American economy and trade talks.
IMF chief: "No signs" of recession "in the near term"
Despite a recent downturn in the stock market, Christine Lagarde forecasts modest growth in the U.S. economy next year.
Rare earths at center of U.S.-China talks
U.S. and Chinese officials met in London on Monday for a second round of trade talks. CBS News senior business and technology correspondent Jo Ling Kent has the latest on where things stand in negotiations to strike a deal between the world's two largest economies.
Economy adds 139,000 jobs in May
Friday's monthly jobs report showed some softening in private sector hiring, but little that would suggest a coming recession, with the economy adding 139,000 jobs in May. Peggy Collins and Laura Davison, who cover politics for Bloomberg News, join "The Takeout" to discuss the jobs report, the latest on the feud between President Trump and Elon Musk, and more.
The 2008 banking crisis: Are we due another?
In 2008, the banking system was near total collapse, the stock market was in free fall, and government officials (it seemed to many) were as clueless as the rest of us. CBS News business analyst Jill Schlesinger looks back at the housing and banking crisis that almost dragged the world down into another Great Depression, and talks with historian Adam Tooze and Wall Street Journal reporter Gretchen Morgenson about how many of the new rules put into place to protect the system from suffering another meltdown are being diluted.
Musk claims Trump's name is in Epstein files
Elon Musk and President Trump continued their war of words Thursday with Musk claiming on social media that Mr. Trump's name appeared in the files related to the case of Jeffrey Epstein, the disgraced financier who died by suicide in federal custody in 2019 while facing charges of sex trafficking. CBS News' Aaron Navarro and Nikole Killion have more. Then, CBS News contributor JD Durkin joins to assess the feud's impact on Tesla stock.
Couple faces retirement fears amid market swings
Like millions of Americans, Alicia and Chu Gomez are experiencing the waves of an uncertain, see-sawing market.
Couple nearing retirement faces stock market woes
Like millions of Americans, Alicia and Chu Gomez are experiencing the waves of an uncertain, see-sawing market. Jill Schlesinger reports.
Markets calm as tariffs take effect
U.S. stock markets appear calm as President Trump's doubled tariffs on foreign steel and aluminum take effect. This comes as new jobs report data emerges. CBS MoneyWatch correspondent Kelly O'Grady has more.
AP: CEO pay rose nearly 10% in 2024
In a record-breaking year on the stock market, the CEOs of some of the world's leading companies saw their compensation surge, all while their employees saw more modest gains, according to a new analysis. Paul Harloff, global markets editor for The Associated Press, joins to unpack the findings.
Trump on China of violating trade deal
President Trump accused China in a social media post of violating its trade agreement with the U.S. This comes as investors react to the latest economic data. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Stock market futures jump after court halts most Trump's tariffs
Surprise court ruling striking down most of President Trump's tariffs on imports could bolster stocks, according to Wall Street analysts.
Trump slams "nasty question" about "TACO" trade. Here's why.
A new term is popping up on Wall Street called "TACO," which stands for "Trump Always Chickens Out." The President says "it's called negotiation."
Markets rally after Trump's EU tariff delay
The stock market rallied on Tuesday following President Trump's announcement that he would delay a 50% tariff on goods from the European Union. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Trump reverses course on EU tariffs
The stock market closed in the green on Tuesday after President Trump over the weekend delayed the start of tariffs on the European Union. The president also condemned Russia's Vladimir Putin over the war in Ukraine. CBS News' Ed O'Keefe and Caitlin Huey-Burns have the latest.
Stocks rally after Trump announces pause on EU tariffs
Trump's decision to delay the implementation of a 50% tariff on the EU sent stocks skyrocketing Tuesday.
Stocks close relatively flat
One day after it tumbled more than 800 points, the Dow Jones landed in the red by the tiniest of margins on Thursday. CBS News contributor JD Durkin examines the market.
Target reports weaker sales
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
Why did treasury yields spike?
Stocks fell across the board on Wednesday with the Dow Jones plummeting more than 800 points. A spike in treasury yields led to the selloff as investors voiced concerns about the GOP spending bill proposed by President Trump. CBS News contributor Javier David breaks it down.
Stock market falls sharply after Target reports sales drop
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Dow tumbles over 800 points, bond yields spike
The Dow Jones dropped more than 800 points on Wednesday. Paul La Monica, senior writer for Barron's, joins CBS News to examine what's behind the selloff.
Big tech stocks dip lower
The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
Live
Pentagon identifies 4th service member killed as U.S.-Iran war escalates
The U.S. launched another night of strikes on Iran after four U.S. soldiers were killed in Jordan and Iraq in recent days.
Hegseth says Iran war has cost $37.5B but sources say total could be far more
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
Tropical Storm Bertha strengthens, threatening Gulf Coast. See its path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Deadly attack on U.S. forces in Jordan part of evolving Iranian tactics
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
Software error improperly registered 6,600 noncitizens to vote, N.J. gov. says
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.
3 soldiers killed in Iran strike on base in Jordan were from Texas, Hawaii, N.Y.
U.S. forces launched a new round of airstrikes against Iran at the direction of President Trump following the deaths of three U.S. soldiers in an Iranian strike in Jordan.
Key Arizona primaries to watch today
Arizona has traditionally been a red state, and six of its nine House representatives are Republicans.
Democratic lawmakers slam Trump "vanity projects" in shadow hearing
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Here's how much wealth you need to thrive, based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
U.S.
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House moves to punt government funding fight past midterms
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
Democratic lawmakers slam Trump "vanity projects" in shadow hearing
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Mexican man killed by truck after ICE encounter was on vacation, officials say
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
Ex-U.S. attorney in Seattle sues Trump over firing
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.
More Americans report shoplifting as inflation climbs, survey finds
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
MoneyWatch
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More Americans report shoplifting as inflation climbs, survey finds
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
GLP-1s are linked to a 17% drop in worker sick leave, new study finds
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Here's how much wealth you need to thrive, based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
Novo Nordisk sues Eli Lilly, accusing it of false advertising
The lawsuit alleges that Eli Lilly misled consumers by using outdated clinical trial data to make its drugs appear more effective than Novo's.
Ford recalls nearly 388,000 vehicles over seat issue
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
Politics
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House moves to punt government funding fight past midterms
The continuing resolution would fund the federal government until Dec. 4. It now heads to the Senate, where it could face obstacles.
Judge temporarily blocks officials from deporting witness of deadly ICE shooting
A federal judge in Texas temporarily barred immigration authorities from deporting one of the witnesses in the fatal ICE shooting of Lorenzo Salgado Araujo in Houston.
Democratic lawmakers slam Trump "vanity projects" in shadow hearing
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Mexican man killed by truck after ICE encounter was on vacation, officials say
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
Ex-U.S. attorney in Seattle sues Trump over firing
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.
HealthWatch
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HealthWatch
RFK Jr. says cyclosporiasis is "under control"
Health Secretary Robert F. Kennedy Jr. made his first public comment on the growing cyclosporiasis outbreak on Tuesday, declaring it under control and denying that cutbacks to monitoring activities have hurt U.S. food safety. Carter Evans reports.
GLP-1s are linked to a 17% drop in worker sick leave, new study finds
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Melinda French Gates on perimenopause: It took 3 doctors to diagnose me
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 on perimenopause
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.
FDA says it's still investigating Taylor Farms
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.
World
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Australian woman gives birth to rare identical quadruplet daughters
All four daughters share 100 percent of their DNA after a single fertilized egg split into four embryos, making the pregnancy a one-in-15-million occurrence.
Zelenskyy replaces Ukraine's top general after days of protests
Ukraine's President Volodymyr Zelenskyy announced that he will replace the commander-in-chief of the armed forces as a government shakeup continues.
Cocaine worth $285 million found hidden in banana shipment
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Deadly attack on U.S. forces in Jordan part of evolving Iranian tactics
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
U.S. soldier killed in Iraq identified as 30-year-old from North Carolina
Sgt. Michael Emmanuel Swinton, 30, of North Carolina, was "decommissioning ammunition and an accident happened," Secretary of State Marco Rubio said.
Entertainment
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Entertainment
Inside the cameras used for "The Odyssey"
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, actress in "Godzilla vs. Kong," dies at 18 in car crash
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 "Ransom Canyon"
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 expanding her podcast
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.
Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Technology
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Technology
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Can you spot an AI image? Quiz shows how difficult it has become.
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.
How AI powered robots are helping small farms
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.
Erin Brockovich on data center regulation
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.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
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.
Science
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Science
Wildfire smoke continues to shroud U.S.
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.
How AI data centers impact the environment
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.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
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.
Crime
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Crime
Hearing begins for singer D4vd
A multi-day hearing began Tuesday in Los Angeles where the singer known as D4vd is facing murder and other felony charges in the death of a teenage girl. CBS News' Gwen Baumgardner and Jessica Levinson have the latest.
Timeline of NYC federal building explosion
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.
Cocaine worth $285 million found hidden in banana shipment
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Tourists stabbed near Acropolis in Athens
Two Greek American tourists were stabbed near the Acropolis in Athens, Greece, police said. CBS News' Anna Coren has more.
Details emerge on suspect in NYC fire
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.
Space
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Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Photos show celebrations at Obama Presidential Center
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 music highlights of 2026
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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Ex-FDA medical officer on cyclospora outbreak
The FDA is still hunting for the source of the cyclosporiasis outbreak after earlier test results proved to be a false positive. Dr. David Acheson, who has more than 40 years of medical and food safety experience, joins CBS News to discuss the issue.
U.S. launches strikes on Iran for 11th night
The U.S. launched an 11th consecutive night of strikes against Iran on Tuesday. CBS News' Weijia Jiang reports on Defense Secretary Pete Hegseth's earlier testimony about the Pentagon's request for additional funding. Then, Washington Post national security reporter Noah Robertson joins with analysis.
"StormWall" to protect from solar storms
If a massive solar storm capable of wiping out power grids across the U.S. was headed toward Earth, could there be a way to stop it? A group of scientists are trying to find an answer to that question, proposing the creation of a satellite constellation called a StormWall to help shield the Earth from the impact of a solar storm. Brian Walsh, one of the co-designers of the StormWall, joined CBS News to discuss.
Primary day in Arizona
Voters went to the polls Tuesday in Arizona for several key primary races. CBS News' Taurean Small has more.
What to know about Pickaxe Mountain
President Trump on Tuesday threatened to attack Pickaxe Mountain in Iran, a secure facility allegedly used for nuclear activity. CBS News national security analyst Aaron MacLean has more.