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.
Stock Market
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.
Impact of Moody's U.S. credit downgrade
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
CNN, MS NOW and Politico staffers barred from White House after Trump ban
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Live
U.S. touts 1 billion barrels of oil escorted out of Strait of Hormuz
Following more attacks on tankers in the Strait of Hormuz, Trump said he'll make a "big decision" on whether to "annihilate" Iran's leadership.
Denmark and Greenland leaders cautiously optimistic after U.S. security deal
President Trump announced he struck a deal to give the U.S. "permanent control over security, and all other needs, in Greenland.
Exclusive
Patrick Clancy: "I think I did the best I could"
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time.
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
Pentagon releases UFO files with documents on secretive military program
The Pentagon on Friday released a new group of files about unidentified anomalous phenomena, or UAP or UFOs, including a batch of documents regarding a mysterious military program studying aerospace threats.
Nvidia CEO calls for AI to be developed "as fast as we can"
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.
Appeals court rejects Trump's third-country deportation policy
A federal appeals court ruled Friday that U.S. immigration officials must offer detainees "a meaningful opportunity to contest" any deportation to countries where they have no ties.
Cuba power grid collapse leaves millions without electricity again
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
U.S.
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CNN, MS NOW and Politico staffers barred from White House after Trump ban
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Cuba power grid collapse leaves millions without electricity again
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
Firefighters struggle with staffing shortages amid record wildfire season
Wildfires have burned more than 8.5 million acres of land in the U.S. this year, and at the peak of the season, there weren't enough people or equipment to fight them.
Exclusive
Patrick Clancy: "I think I did the best I could"
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time.
Nvidia CEO calls for AI to be developed "as fast as we can"
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.
MoneyWatch
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Nvidia CEO calls for AI to be developed "as fast as we can"
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.
Mortgage rates are nearing 7%. One house hunter says he's "despondent."
"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.
Increased ICE enforcement in 2025 hurt local employment, analysis finds
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
AI security experts say they used Claude to hack ChatGPT
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
195,000 heated blankets recalled after dozens of burn injuries
The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.
Politics
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CNN, MS NOW and Politico staffers barred from White House after Trump ban
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Denmark and Greenland leaders cautiously optimistic after U.S. security deal
President Trump announced he struck a deal to give the U.S. "permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many U.S. concerns."
Cuba power grid collapse leaves millions without electricity again
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
Appeals court rejects Trump's third-country deportation policy
A federal appeals court ruled Friday that U.S. immigration officials must offer detainees "a meaningful opportunity to contest" any deportation to countries where they have no ties.
HealthWatch
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Her postpartum symptoms wouldn't go away. A brain tumor was to blame.
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
RFK Jr. tells anti-vaccine activists they have a "friend in the White House"
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.
Twins conjoined at the head are separated in 25-hour surgery
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.
Exclusive
Porsha Williams reveals health emergency: "It all happened so fast"
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
Conjoined twins separated in Ethiopia
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
World
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Denmark and Greenland leaders cautiously optimistic after U.S. security deal
President Trump announced he struck a deal to give the U.S. "permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many U.S. concerns."
Cuba power grid collapse leaves millions without electricity again
One Cuba resident said there is "no way to know" when power will be restored to the island nation.
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
Trump says he's struck deal for "permanent control over security" in Greenland
President Trump said he struck a deal to give the U.S. "permanent control over security" in Greenland following a push by the president to boost U.S. influence over the island — or take it over.
Police capture suspected serial killer disguised as woman, carrying baby
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
Entertainment
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Entertainment
This Miss USA is a married mom
Justus Kelley made history after she became the first married woman and the first mom to earn the Miss USA sash and crown. Kelley shares her experience with the iconic pageant and speaks about her philanthropic work.
Bella Kay performs "iloveitiloveitiloveit"
"Rolling Stone" dubbed Texas-born singer-songwriter Bella Kay an artist you need to know. Her songs about alienation, heartache and survival have broken through to a massive audience, with hit song "The Sick" streaming over 220 million times. Her debut album, "My Reckless Abandon," is out now. Here's Bella Kay with "iloveitiloveitiloveit."
Bella Kay performs "The Sick"
"Rolling Stone" dubbed Texas-born singer-songwriter Bella Kay an artist you need to know. Her songs about alienation, heartache and survival have broken through to a massive audience, with hit song "The Sick" streaming over 220 million times. Her debut album, "My Reckless Abandon," is out now. Here's Bella Kay with "The Sick."
Duncan Sheik, singer-songwriter of "Barely Breathing," dies at 56
Duncan Sheik died on Thursday night, his family said.
Princess Diana's brother makes new claims
The brother of the late Princess Diana claims in his upcoming book that then Prince Charles seemed "upbeat" right after his ex-wife died in a Paris car crash in 1997. When asked about these allegations, Buckingham Palace referred to a statement it released earlier this week saying that the king "is mindful that the pain of fraternal grief can cloud reason, affect judgement and colour memory, even many years after such a loss." Watch more of Charles Spencer's conversation with Mark Phillips on "CBS Sunday Morning."
Technology
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Technology
AI experts call for independent safety auditors
More than 100 artificial intelligence experts have signed a public letter to express the need for independent AI safety evaluators. Princeton computer science professor Arvind Narayanan, who signed the letter, joins CBS News to discuss.
Nvidia CEO says AI development shouldn't be slowed
Jensen Huang, the CEO of Nvidia, the world's largest chipmaker, told "Sunday Morning" that tech companies should push forward with the development of artificial intelligence despite recent warnings from worried industry leaders that there may be a need to pull back due to unease about the technology.
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.
Nvidia CEO calls for AI to be developed "as fast as we can"
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.
AI expected to loom large over Trump-Xi summit
President Trump is set to meet with Chinese President Xi Jinping in Washington, D.C., on Thursday amid mounting concerns about the safety of artificial intelligence. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan has more.
Science
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Science
Neuroscientists grow human brain tissue in mice
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.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
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.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
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.
Crime
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Crime
Patrick Clancy on life after trauma
In an exclusive interview airing Sunday on 60 Minutes, Patrick Clancy shares his side of the story, just weeks after his ex-wife Lindsay Clancy's murder trial ended without a verdict. Ross Douthat sat down with Patrick Clancy to discuss life after trauma and what lies ahead.
Patrick Clancy: "I think I did the best I could"
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time. Watch more of the interview on 60 Minutes on Sunday.
Holdout juror in Clancy case speaks
The holdout juror in Lindsay Clancy's triple murder case has released a statement. Shanelle Kaul reports.
Police capture suspected serial killer disguised as woman, carrying baby
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
Grandmother sues Fargo, ND, over facial tech
A Tennessee grandmother is suing the city of Fargo, North Dakota, after facial recognition software linked her to a crime she didn't commit, which led to a nearly six-month stay in jail. CBS News' Nicole Valdes has more.
Space
More Space
NASA spacecraft discovers moon crater bigger than Roman Colosseum
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 launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
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.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
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.
Dolly Parton: An extraordinary life in pictures
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.
Investigating the death of designer Sylvie Cachay
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 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.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
This Miss USA is a married mom
Justus Kelley made history after she became the first married woman and the first mom to earn the Miss USA sash and crown. Kelley shares her experience with the iconic pageant and speaks about her philanthropic work.
Trump announces Greenland security deal
President Trump says that the U.S. and Denmark have reached an agreement for the U.S. to have "permanent control" over Greenland's security.
Patrick Clancy on life after trauma
In an exclusive interview airing Sunday on 60 Minutes, Patrick Clancy shares his side of the story, just weeks after his ex-wife Lindsay Clancy's murder trial ended without a verdict. Ross Douthat sat down with Patrick Clancy to discuss life after trauma and what lies ahead.
Inside a U.S. aircraft carrier amid Iran war
CBS News' Tom Hanson took an exclusive tour of the USS George Washington, one of two U.S. aircraft carriers in the region launching attacks against Iran.
NYPD prepares for U.N. General Assembly
The United Nations General Assembly kicks off next week. President Trump and foreign leaders, including Benjamin Netanyahu, are expected to speak. Anna Schecter spoke to the NYPD about security efforts.