Stocks jump as Iran says Strait is open
With word of the Strait of Hormuz reopening, the stock market soared on Friday. Oil prices dropped about 10%, and as a result, gas prices ticked downward. Kelly O'Grady breaks it all down.
Wall Street
Stock market spikes amid optimism for war's end
Stocks on Wall Street rose to new heights on Thursday, adding to the record gains seen on Wednesday. It came as investors expressed optimism that a resolution to the war with Iran could be reached quickly. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Stocks rally after ceasefire announcement
Stocks jumped and oil prices fell on Wednesday following President Trump's announcement of a two-week ceasefire in the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more.
Investors banking on Trump backing off threats
The Dow surged more than 1,000 points on Wednesday after President Trump backed off his threat to attack Iran and agreed to a two-week ceasefire. Robert Armstrong, U.S. financial commentator for the Financial Times, previously coined the phrase "TACO trade," with TACO standing for "Trump always chickens out," to encapsulate how investors buy low and sell high as markets react to the president's threats and eventual lack of action. Armstrong joined CBS News to discuss.
Stocks tumble for fifth week amid war
Stocks tumbled on Friday amid the uncertainty in Iran, marking the fifth consecutive week of declines. It's the longest stretch of weekly losses in nearly four years. CBS News business contributor Javier David has more.
Former Goldman Sachs CEO Lloyd Blankfein talks Wall Street crises
In his new memoir, "Streetwise," the former CEO of Goldman Sachs writes about a life that stretched from the projects of New York City to the pinnacle of Wall Street.
Oil and jobs report drive Wall Street volatility
Oil and gas prices are going up, and stock values are coming down as the war with Iran reaches nearly one week. Meanwhile, the U.S. job market lost 92,000 jobs in February, marking an unexpected setback for the economy. Kelly O'Grady has analysis.
Dow Jones plummets amid Iran war concerns
The Dow Jones closed on Thursday down nearly 800 points as surging oil prices stoke investor fears about the economic impact of the war with Iran. CBS News' Kelly O'Grady has more on what was driving the market.
Stocks slump as inflation, AI worries rattle investors
Stocks fell Friday after a report showed higher-than-expected inflation and as Wall Street continues to fret over AI-related disruption.
How will AI transform the workforce?
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
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.
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.
Pedestrian hit by Frontier airplane departing Denver for LA
A pedestrian was hit by a Frontier airplane departing Denver for LA late Friday night, the airport and airline confirmed.
Live
U.S. fires on 2 more tankers as Washington awaits Iran response on deal
The U.S. military says its forces fired on two Iran-flagged oil tankers to stop them from docking at an Iranian port in violation of the U.S. blockade in the area.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
U.S. launches major expansion of denaturalization campaign
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
Asylum-seekers abandon cases as ICE seeks to deport them to third countries
More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found.
Exclusive
Principal who tackled gunman: "God's hand was on all of us"
Kirk Moore, the Oklahoma principal who tackled a gunman, sits down with CBS News for a network exclusive interview airing Monday on "CBS Mornings."
U.S. plans evacuation for Americans on cruise ship in hantavirus outbreak
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
Virginia Supreme Court tosses out congressional map that favored Democrats
The congressional redistricting referendum was passed by Virginia voters last month and would have given Democrats a more favorable map.
Alabama lawmakers pass plan for new House primary as state pushes to redistrict
Alabama lawmakers have approved a plan for new House primaries if courts allow the state to use different congressional districts in this year's elections.
U.S.
More U.S.
Pedestrian hit by Frontier airplane departing Denver for LA
A pedestrian was hit by a Frontier airplane departing Denver for LA late Friday night, the airport and airline confirmed.
Man who survived hantavirus 24 years ago, but lost mom and sister, recounts experience
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
Alabama lawmakers pass plan for new House primary as state pushes to redistrict
Alabama lawmakers have approved a plan for new House primaries if courts allow the state to use different congressional districts in this year's elections.
After struggling for years to make ends meet, a daughter opened her home to her mother
Boca Raton is one of the wealthiest cities in Florida, but even along its golden sands, people still get stuck in fiscal undertows.
Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
MoneyWatch
More MoneyWatch
Fed unlikely to cut interest rates until 2027, Bank of America says
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
What the Trump administration's latest tariff blow means for businesses
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC accuses the FCC of violating free speech rights over "The View"
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
Employers added 115,000 jobs in April, blowing past forecasts
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
U.S. trade court rules against Trump's 10% tariffs
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Politics
More Politics
Pentagon says 1 survivor after latest strike on alleged drug boat kills 2
The U.S. military's latest strike on an alleged drug-trafficking boat in the eastern Pacific Ocean killed two men Friday while leaving one survivor.
Alabama lawmakers pass plan for new House primary as state pushes to redistrict
Alabama lawmakers have approved a plan for new House primaries if courts allow the state to use different congressional districts in this year's elections.
What the Trump administration's latest tariff blow means for businesses
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
Trump announces prisoner swap in 3-day Russia-Ukraine ceasefire
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
U.S. launches major expansion of denaturalization campaign
The Trump administration announced a major expansion of its denaturalization campaign targeting foreign-born American citizens accused of fraudulently obtaining U.S. citizenship.
HealthWatch
More HealthWatch
Man who survived hantavirus 24 years ago, but lost mom and sister, recounts experience
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
Locals protest hantavirus outbreak ship
U.S. citizens potentially exposed to hantavirus amid the deadly outbreak aboard the MV Hondius cruise ship could be on their way back to the U.S. as soon as next week. Under newly-released plans, a special biocontainment unit in Nebraska is preparing to host at least 17 people for mandatory isolation.
U.S. plans evacuation for Americans on cruise ship in hantavirus outbreak
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
Tracking hantavirus cases tied to cruise ship
Global health officials are working to track down passengers who departed a hantavirus-stricken cruise ship weeks ago, including multiple Americans. Meanwhile, for the first time on Thursday, President Trump addressed the response to the deadly outbreak. Tom Hanson has the latest on the cruise ship and Dr. Celine Gounder breaks down what to know about the virus.
5 states monitoring hantavirus ship passengers
After almost a full day of sailing, the hantavirus-stricken cruise ship is slowly closing in on its destination, about 600 nautical miles away from Spain's Canary Islands. Tom Hanson has more details, and Dr. Jon LaPook has more about the virus.
World
More World
Pentagon says 1 survivor after latest strike on alleged drug boat kills 2
The U.S. military's latest strike on an alleged drug-trafficking boat in the eastern Pacific Ocean killed two men Friday while leaving one survivor.
Trump announces prisoner swap in 3-day Russia-Ukraine ceasefire
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
U.S. plans evacuation for Americans on cruise ship in hantavirus outbreak
The MV Hondius is currently traveling to the Canary Islands, where the 147 people on board will be methodically off-boarded and flown home.
Asylum-seekers abandon cases as ICE seeks to deport them to third countries
More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found.
Trump ally Farage says elections mark "historic shift in British politics"
One U.K. lawmaker says big election losses for the ruling Labour Party and its main rivals show the de-facto two-party system is "not just dying, it is dead."
Entertainment
More Entertainment
Entertainment
Orson Welles' 1938 "War of the Worlds" broadcast
On Oct. 30, 1938, CBS News Radio listeners were sent into a frenzy listening to Orson Welles' reading of H.G. Wells' "War of the Worlds," thinking it was a real broadcast detailing an alien invasion. CBS News' Caitlin Huey-Burns introduces the fictional, now-iconic breaking news bulletin.
Ben Abraham on his rise in music
Australian musician Ben Abraham has worked with multiple singers, from Sara Bareilles to Ben Platt. The singer-songwriter speaks to "CBS Mornings" about the highs and lows of his music journey and how he hopes he can "make a difference" through his art.
Dana White breaks down UFC 328
UFC president and CEO Dana White joins "CBS Mornings" to break down UFC 328, which is being held this weekend. The main event features undefeated champion Khamzat Chimaev defending his middleweight belt against former champion Sean Strickland.
Exclusive
Spencer Pratt compares his fledgling political career to Obama's national rise
Spencer Pratt has said he was compelled to launch his unlikely mayoral run after his home was destroyed in last year's devastating Los Angeles wildfires.
Surprising "Survivor" tribal council ceremony
(Warning: Spoilers ahead!) "CBS Mornings" reveals details of the latest "Survivor 50" episode and elimination ceremony, which had another surprise for the castaways.
Technology
More Technology
Technology
Online learning platform Canvas hacked
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
Canvas back online after cyberattack hit learning platform for U.S. schools
A system that thousands of schools and universities use was offline due to a cyberattack.
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.
Here's how AI can help with retirement planning, and where it struggles
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Google unveils screenless Fitbit
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
Science
More Science
Science
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Crime
More Crime
Crime
Mother of missing woman in Bahamas speaks out
The search for Michigan mother Lynette Hooker headed into a fifth week as Coast Guard investigators seek to question the owners of a sailboat that was moored near the Hooker's vessel when she went missing. Cristian Benavides reports.
CBS News finds security gaps at Hilton Hotel
CBS News homeland security correspondent Nicole Sganga returned to the Hilton Hotel in Washington, D.C., to better understand the security surrounding the White House Correspondents' Dinner. What she found was a 13-minute gap in security camera coverage in the moments leading up to the shooting.
DOJ yet to authenticate possible Epstein note
A federal judge has made public an apparent suicide note written by convicted sex offender Jeffrey Epstein. CBS News' Anna Schecter reports.
Correspondents' dinner shooting analysis
A CBS News team analyzed the security footage of the White House Correspondents' Dinner shooting. Nicole Sganga breaks down what we learned.
Investigation of correspondents' dinner attack
A CBS News visual investigation reveals new details in an alleged assassination attempt on President Trump at this year's White House Correspondents' Dinner.
Space
More Space
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Latest Galleries
More Latest Galleries
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
The Uplift: Desmond Bryant
David Begnaud sits down with former NFL player Desmond Bryant, who shares how he survived a dark period in his life – and came out helping others.
Key players, storylines in WNBA's 30th season
The WNBA's 30th anniversary season is officially underway. The Athletic senior writer Anna Costabile joins "The Daily Report" with a preview.
Man who survived hantavirus on disease
Twenty-four years ago, photojournalist Gilbert Zermeño lost both his mother and sister to hantavirus. After cleaning their house, he was also exposed to rodent droppings and became infected. He joins "The Daily Report" to discuss.
Daughter finds a place with mom after homelessness
Twenty-six-year-old Ana Duarte said that as a child, she and her mother were homeless in Florida. Now, she has found an apartment for her and her mom. Steve Hartman has the story.
6 videos that stood out in Pentagon's UFO drop
The Pentagon on Friday began releasing hundreds of files on UFOs after President Trump ordered the documents to be made public. CBS News Pentagon reporter Eleanor Watson reviewed the 28 videos in the first batch of files and chose six that stood out to her the most.