Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
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Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News to discuss the economy.
When the market crashed earlier this week, a White House adviser said, "We're seeing a strong divergence between animal spirits of the stock market and what we're actually seeing unfold from businesses." But what does the "animal spirits" remark mean, and how is it evolving? John Dickerson explains.
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.
Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by his trade policies. CBS News' Jill Schlesinger and Weijia Jiang report.
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill for lawmakers to avert a government shutdown. CBS News' Natalie Brand and Taurean Small have the latest.
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.
How do you measure America's standing in the world -- by the strength of its economy or the welfare of its citizens? A bipartisan group of scholars crunched nearly 30 years of data and found where America stands in the world may leave some unsure. New York Times senior writer David Leonhardt joins to discuss the findings.
Tech stocks plummeted Monday as investors raised concerns about advancements in Chinese artificial intelligence. Last week, the Chinese company DeepSeek released R1, an AI model similar to ChatGPT that costs significantly less to develop. CBS News contributor JD Durkin joins "The Daily Report" to examine the stock market's response.
A Chinese AI company called DeepSeek is sending a shock wave through Wall Street. Margaret Brennan explains.
President-elect Donald Trump returned to his hometown of New York City on Thursday to ring the opening bell at the New York Stock Exchange. Wall Street investors seem to have embraced the incoming administration as all three major indexes have hit record highs since Election Day. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
President-elect Donald Trump will succeed Taylor Swift as Time Magazine's Person of the Year. It's the second time Trump has been awarded that distinction. CBS News' Nikole Killion and Jennifer Jacobs have more.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Donald Trump is still a billionaire, but his net worth has fluctuated sharply this year along with the value of one of his main investments.
Fast food giant McDonald's reported its third quarter results Tuesday morning with revenue beating Wall Street's expectations at around $6.9 billion. CBS MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Wall Street opened with a bumpy start Thursday after the producer price index in August rose in line with expectations. CBS News contributor Javier David discusses how the data might affect the Federal Reserve's interest rate decision next week.
In August, artificial intelligence chip maker Nvidia set the record for the largest one-day increase in market value in stock market history. On Tuesday, it did the opposite. The company's shares fell nearly 10% in what is the largest single day drop for any U.S. company in stock market history. Jeremy Owens, host of "On Watch" podcast, joins to discuss.
Nvidia profits jumped massively, but the chipmaking company that helps AI technology run saw a drop in stock price. Nico Grant, a technology correspondent for The New York Times, joins CBS News with more details.
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
Nvidia launched in 1993 as a tech startup developing advanced video game graphics, and it's now the most valuable company in the world. Axios chief financial correspondent Felix Salmon joins to discuss what's behind the company's growth.
Artificial intelligence is reshaping American life, including changing the investment landscape as AI-related stocks are booming. CBS News' John Dickerson examines some of the best performers to explain which industries make up the AI revolution.
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.
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.
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
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.
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.
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.
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.
Ross Douthat's interview with Patrick Clancy and his wife, Dr. Rachel Danis, airs Sunday on 60 Minutes.
The Justice Department released a new legal opinion that concludes a federal law prohibiting firearms dealers from selling handguns to people between the ages of 18 and 20 is unconstitutional.
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.
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.
The new law lets the president impose tariffs on the largest purchases of Russian oil and natural gas.
The U.S. Marshals Service is preparing to transfer some Georgia detainees to another private facility 200 miles away.
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
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.
"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.
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.
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.
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.
The new law lets the president impose tariffs on the largest purchases of Russian oil and natural gas.
Americans are optimistic about scientific advances in AI, but concerned that AI may take jobs.
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.
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.
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
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.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
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.
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.
Trump touts "major progress" on plans for a permanent U.S. Army base in Poland as the country's leader warns Russia's war on Ukraine could hit NATO soil.
Princess Diana's brother claims in his book that then-Prince Charles "sounded giddily elated" right after his ex-wife died in a Paris car crash.
German Chancellor Friedrich Merz is facing a "crisis of authority and leadership" as immigration concerns fuel a far-right rise.
Duncan Sheik died on Thursday night, his family said.
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."
Princess Diana's brother, Earl Charles Spencer, makes stunning allegations in a new memoir against then-Prince Charles, now King Charles III, and his reaction to Diana's death. Holly Williams reports.
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
Nine-time Emmy-winning costume designer Bob Mackie, who clothed such musical and comedic talents as Cher, Carol Burnett, Barbra Streisand and Liza Minnelli, died on Sept. 14, 2026 at age 87. In this Sept. 21, 2003 "Sunday Morning" profile, Mackie talked with correspondent Rita Braver about how a star-struck kid growing up outside Hollywood became a dressmaker to the stars, and what fascinates him about divas. He also talked about the tragic death of his son, Robin, from AIDS.
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.
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.
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.
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.
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.
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.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
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.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
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.
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.
The holdout juror in Lindsay Clancy's triple murder case has released a statement. Shanelle Kaul reports.
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.
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.
A woman was hit and killed after an Uber driver forced her and her friend out of his car on a freeway. Now, Uber has been ordered to pay $40 million after the victim's family brought forth a wrongful death suit. CBS News' Lauren Pozen reports.
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's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
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.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
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, 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.
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 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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
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.
Protesters gathered outside the Kennedy Center in Washington, D.C., on Friday evening after President Trump threatened to demolish the building. WUSA9 reporter Matt Gregory joins from the scene.
Researchers from the independent security platform Hacktron AI reported they used Anthropic's Claude tool to hack OpenAI's ChatGPT model. CBS News MoneyWatch reporter Megan Cerullo reports.
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.