Gold and silver prices are slumping after their meteoric rise. Here's why.
Several factors are weighing on the value of gold and silver after the precious metals ascended to record highs last week.
Wall Street
U.S. stocks sink amid Trump's tariff threats
President Trump's Greenland demands have already had a negative impact on the economy in the U.S. On Tuesday, all three major U.S. stock indexes dropped over the threat of new tariffs. CBS News business analyst Jill Schlesinger explains what to know.
Stocks rally after Christmas holiday
The "Santa Claus rally" that is occurring in the stock market after the holidays is setting up an optimistic view among investors as 2026 begins. Phil Luck, a director at the Center for Strategic and International Studies, joins CBS News to explain.
Stock market edges higher amid tech gains and hopes of Fed Rate cut
Investors are now forecasting that the Federal Reserve will cut interest rates at its next meeting, scheduled for Dec. 10.
Here's what experts say is behind bitcoin's $800 billion drop
Bitcoin has erased all of its 2025 gains and is on track for its worst monthly performance since 2022. Here's what experts say about the decline.
Concerns about AI companies drive sell-off
All three major market indexes continued a fourth day of sell-offs on Tuesday over concerns about artificial intelligence-related stocks. Paul La Monica, senior markets analysis writer at Barron's, joins "The Daily Report" to break it down.
Stocks sink amid AI bubble concerns
The Dow Jones Industrial Average ended another day in the red on Tuesday, down nearly 500 points. A tech stock slump drove the losses, fueled by growing fears of an AI bubble. Brody Ford, Bloomberg technology reporter, breaks it down.
The similarities between today's market and Wall Street before 1929 crash
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.
Andrew Ross Sorkin sees worrying signs in market after months of ups
Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does?
Lessons from the Wall Street crash of 1929
Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does?
SEC chair eyes major rule change
The chairman of the Securities and Exchange Commission is weighing a major rule change for public companies. This week, on social media, President Trump said companies should not report earnings quarterly, but instead, just twice a year. SEC Chairman Paul Atkins told CNBC that he welcomes that idea. Wall Street Journal financial reporter Corrie Driebusch joins CBS News to discuss.
Reporter's Notebook: Economic data vs. narrative
President Trump's praise of a controversial ad campaign gave American Eagle a boost, but his tariffs weigh heavier than words. "CBS Evening News" co-anchor John Dickerson explains.
Dow surges more than 800 points after Fed's Powell hints at rate cut
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Trump considering government stake in Intel
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.
How investors react to Trump tariff threats
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.
Explaining Trump's latest tariff moves
Stock prices closed higher on Wall Street as investors brushed off President Trump's threat to hit more than 20 countries with new tariffs by Aug. 1. Kelly O'Grady has more.
Investors adjust to Trump's tariff threats
President Trump announced a new 50% tariff on copper in a Cabinet meeting on Tuesday as the White House continues to threaten new tariffs on trading partners. CBS News MoneyWatch correspondent Kelly O'Grady has the latest updates.
Wall Street reacts to new tariff deadline
CBS News MoneyWatch correspondent Kelly O'Grady reports on how markets are reacting after President Trump pushed back the deadline for countries to make trade deals with the United States. Countries now have until August 1 before they'll face tariff increases.
Senate passes Trump bill: Wall Street reacts
Stocks remained steady as the Senate passed President Trump's budget bill. CBS News MoneyWatch correspondent Kelly O'Grady has more.
S&P 500 rebounds, closes at record high
Wall Street reacted to President Trump terminating trade discussions with Canada on Friday. The S&P 500 hit its all-time closing high. CBS News contributor J.D. Durkin has more from the New York Stock Exchange.
U.S. and China's "phase one" trade deal
The U.S. and China agreed on the first phase of a trade deal Friday, giving investors on Wall Street a sigh of relief. Washington Post economics correspondent Heather Long joins "Red & Blue" to break down the deal's winners and losers.
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.
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.
Survivors
The investment banking firm Sandler O'Neill lost a third of its employees on 9/11 -- 66 people in all. But a month later, the company is up and running, while also providing logistical, emotional and financial support to the families of the staff it lost. Steve Kroft reports.
Wall Street's Shadow Market
Steve Kroft lifts the veil on credit default swaps -- the private, under-regulated and poorly understood investments that helped decimate the economy. How and why did Wall Street make such a risky bet?
Trump signs funding bill to end shutdown after package clears House
The House on Tuesday voted 217 to 214 to fund major parts of the government and end the partial shutdown.
Ransom note being investigated in Nancy Guthrie's disappearance, sheriff says
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Trump suggests Republicans should nationalize voting. Here's what to know.
President Trump has continued to claim without evidence that there is widespread fraud in U.S. elections.
Watchdog shares whistleblower complaint involving Gabbard with Congress after delay
The complaint was closed administratively by the intelligence community inspector general's office in June 2025, under prior leadership, watchdog says.
Top Minnesota corrections official questions when immigration agencies will draw down forces
In the week-and-a-half since federal immigration agents fatally shot a man in Minnesota, the state's top corrections official told CBS News it's not clear when the government will start drawing down forces.
Clintons will testify in Epstein probe after contempt threat, House panel says
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
Blood found inside home of Savannah Guthrie's mother, source says
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
Judge skeptical of Pentagon's efforts to punish Sen. Kelly over "illegal orders" video
A federal judge expressed skepticism over the Pentagon's effort to downgrade the pay and rank of Democratic Sen. Mark Kelly after he urged service members not to follow unlawful military orders.
NASA hopes to fix Artemis II moon rocket leak with on-pad repair
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
U.S.
More U.S.
Penny the Doberman pinscher wins best in show at Westminster Dog Show
A Doberman pinscher named Penny won best in show at the Westminster Kennel Club Dog Show.
Ransom note being investigated in Nancy Guthrie's disappearance, sheriff says
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Judge restricts use of tear gas, projectile munitions at Portland protests
The ruling comes just days after federal agents launched tear gas at a crowd of demonstrators, including young children, that local officials described as peaceful.
Power outages collide with boil-water advisories after winter storm
In Mississippi, more than 36,000 homes and businesses have now gone a second week without electricity after a historic winter storm.
Sen. Mitch McConnell hospitalized with "flu-like symptoms"
A spokesman for Sen. Mitch McConnell said the Kentucky Republican's "prognosis is positive."
MoneyWatch
More MoneyWatch
More companies are pointing to AI as they lay off employees
Although economists have generally downplayed the impact of artificial intelligence on jobs, some employers are highlighting their adoption of AI.
SBA shuts out non-U.S. citizens from its main lending program
Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.
PepsiCo cuts prices of Cheetos, Doritos and other snacks
PepsiCo said the price cuts are aimed at making its products more affordable as consumers struggle with affordability.
Disney names parks chief Josh D'Amaro to succeed CEO Bob Iger
Josh D'Amaro, who oversees Disney theme parks and dozens of resort hotels worldwide, will become the next Disney CEO.
Consumer Reports' top 10 vehicles for 2026 — see which cars made the list
For the first time, the top 10 cars on Consumer Reports' annual list of best new vehicles also include electric or hybrid models.
Politics
More Politics
Top Minnesota corrections official questions when immigration agencies will draw down forces
In the week-and-a-half since federal immigration agents fatally shot a man in Minnesota, the state's top corrections official told CBS News it's not clear when the government will start drawing down forces.
Judge restricts use of tear gas, projectile munitions at Portland protests
The ruling comes just days after federal agents launched tear gas at a crowd of demonstrators, including young children, that local officials described as peaceful.
Sen. Mitch McConnell hospitalized with "flu-like symptoms"
A spokesman for Sen. Mitch McConnell said the Kentucky Republican's "prognosis is positive."
Judge skeptical of Pentagon's efforts to punish Sen. Kelly over "illegal orders" video
A federal judge expressed skepticism over the Pentagon's effort to downgrade the pay and rank of Democratic Sen. Mark Kelly after he urged service members not to follow unlawful military orders.
Trump suggests Republicans should nationalize voting
President Trump has continued to claim without evidence that there is widespread fraud in U.S. elections.
HealthWatch
More HealthWatch
Officials warn against drinking raw milk after baby dies from listeria
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
5 ways to find affordable care without health insurance
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
When health insurance costs more than the mortgage
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
Extended Interview: Mel Robbins
In this web exclusive, author and podcaster Mel Robbins talks with Norah O'Donnell about "The Let Them Theory."
Book excerpt: "The Let Them Theory" by Mel Robbins
In her latest bestseller, the motivational speaker discusses how personal growth is only possible when you stop pouring energy into things you cannot control – which includes changing other people.
World
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Boat crew tosses 115 kilos of cocaine in Pacific while fleeing Colombian navy
The seizure was announced on the same day that Colombian President Gustavo Petro met with President Trump at the White House.
Russia hammers Ukraine on eve of peace talks
A day before Russian, Ukrainian and U.S. teams meet to talk peace, Putin's forces pounded Ukraine's energy infrastructure with dozens of drones and missiles.
U.S. shoots down Iranian drone that approached aircraft carrier, military says
U.S. Central Command said the drone "aggressively" approached the USS Abraham Lincoln as it was crossing through the Arabian Sea.
As Iran and the U.S. eye talks, a protester asks Trump to "keep his word"
As Iran declares willingness to negotiate with the U.S., a woman who joined the recent protests says Iranians want their leaders out, and they want the U.S. to help.
Teen from Alabama among 3 junior hockey players killed in Canada crash
Caden Fine, 17, from Birmingham, Alabama, and two of his teammates were killed when their vehicle collided with a semi-truck in Canada.
Entertainment
More Entertainment
Ransom note being investigated in Nancy Guthrie's disappearance, sheriff says
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Miranda Lambert sells entire music catalog
Country star Miranda Lambert's entire catalog now belongs to Sony Music Publishing Nashville and Domain Capital Group. Jem Aswad, executive editor for music at Variety, joins "The Daily Report" to discuss.
Activists on inspiring next generation
Activist Gloria Steinem, who has fought for the rights of every woman, is on a mission to inspire the next generation. She is collaborating with Nobel Peace Prize Laureate Leymah Gbowee, who helped end the civil war in Liberia, on a new children's book. They talk to "CBS Mornings" about their experiences in their fight for equality and deciding to collaborate.
Westminster dog show winners on preparation
Three former winners of the Westminster Kennel Club Dog Show and their handlers join "CBS Mornings" ahead of this year's Best in Show title being awarded Tuesday. They talk about how they prepared to compete and what retirement is like now.
Gabrielle Union talks new film "Goat"
Gabrielle Union talks about starring in the new animated movie "Goat," working with her husband and the real life issues portrayed in the movie.
Technology
More Technology
More companies are pointing to AI as they lay off employees
Although economists have generally downplayed the impact of artificial intelligence on jobs, some employers are highlighting their adoption of AI.
Tech executive breaks down AI agents
Scott Hanselman, vice president of developer community at Microsoft, joins CBS News to explain the difference between an LLM like ChatGPT and an AI agent. He also explains how AI agents could become assertive if given too much access.
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.
AI agents are using a social media platform
Moltbook, a social media platform for AI agents to interact, is growing. The Verge senior AI reporter Hayden Field joins CBS News with more details.
Inside the new social media platform for AI
Moltbook was launched last week by a software developer and mirrors the template of Reddit, but it's not for humans. Instead, it allows artificial intelligence agents to post written content and interact with other chatbots through comments, up-votes and down-votes. Tyler Cowen, professor of economics at George Mason University, joins CBS News to discuss.
Science
More Science
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Crime
More Crime
Ransom note being investigated in Nancy Guthrie's disappearance, sheriff says
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Lawyers for alleged Charlie Kirk killer again ask to have prosecutors removed
Tyler Robinson's attorneys want the entire Utah County Attorney's Office disqualified because one of the prosecutors has a daughter who was present at the rally where Kirk was shot.
Details on Nancy Guthrie ransom note
The Pima County sheriff tells CBS News that they received a ransom note related to the apparent abduction of Nancy Guthrie. CBS News' Andres Gutierrez and Anna Schecter have more.
Study finds significant crime decrease in 2025
A new study from the Council on Criminal Justice finds that crime rates are dropping across the U.S., with some areas reaching their lowest levels in decades in 2025. Alex Piquero, professor of criminology at the University of Miami, joins to assess the findings.
Clintons push to testify publicly on Epstein
Bill and Hillary Clinton will testify before lawmakers behind closed doors later in February about convicted sex offender Jeffrey Epstein. The House Oversight Committee was preparing to hold them in contempt for refusing to appear. CBS News justice correspondent Scott MacFarlane reports.
Space
More Space
Space
What led NASA to delay Artemis II launch
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA hopes to fix Artemis II moon rocket leak with on-pad repair
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delays Artemis II launch
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
NASA begins mission to map the boundaries of our heliosphere
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA moon launch off until March due to issues during tests
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
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.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Teen boy recalls grueling swim to save family
A 13-year-old boy is credited with saving the lives of his mother and two younger siblings with an hourslong swim after the family was swept out to sea off the Australian coast. Tony Dokoupil has the story.
Leaks delay Artemis II moon mission until March
NASA announced the long-awaited flight to send four astronauts on a trip around the moon was being delayed to March after a test launch ran into a variety of problems and ultimately was called off. Mark Strassmann reports.
First on CBS
Extended: Jane Doe in R. Kelly trial speaks
Reshona Landfair, who testified as Jane Doe at R. Kelly's 2022 federal trial, speaks to Jericka Duncan in her first TV interview about her new memoir, "Who's Watching Shorty?". Kelly is now behind bars after being convicted of racketeering and sex crimes in two separate federal trials in 2021 and 2022. But Kelly's legal troubles started long before that, including when a tape that he had filmed performing sex acts on a 14-year-old girl — now identified as Landfair — leaked in 2001.
Renee Good's brothers testify on Capitol Hill
Renee Good's brothers were among several people who testified on Capitol Hill about federal agents and their use of force. Nicole Sganga has the latest.
Federal presence in Bay Area for Super Bowl
Some Bay Area residents are concerned that there will be an increase in federal agents focused on immigration enforcement ahead of Super Bowl LX. CBS News correspondent Nidia Cavazos has the details.