Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones Industrial Average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.
Wall Street
Why are GameStop shares on the rise again?
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
Trump Media warns Nasdaq about "potential market manipulation" of its stock
Trump Media & Technology Group sent a letter to Nasdaq warning that so-called "naked" short selling could be impacting its stock.
As EV sales slump, Tesla shares relinquish a year's worth of gains
Tesla's stock price has tumbled 39% this year amid concerns about the electric vehicle maker's slowing growth.
What does high March inflation mean for Fed?
The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at "TheStreet," joins CBS News to examine what's behind the increase and what it means for interest rate cuts.
How much is Trump's stake in Truth Social worth after market debut?
Former President Donald Trump's media business is trading under his DJT initials on the Nasdaq stock market.
Trump's Truth Social soars in first day of trading
Former President Donald Trump's Truth Social began trading under the ticker "DJT" on Tuesday, putting the real estate tycoon — and his initials — at the helm of a publicly traded company once again. CBS News' Lilia Luciano has more.
Dow hovering near 40k mark
The top three major stock indexes are looking for their fifth straight positive day of trading Friday. Each major index hit new record highs Thursday as the Dow gets closer to the 40k mark. Laila Maidan, investing correspondent for Business Insider, joined CBS News to discuss the day's trading.
Why new inflation numbers aren't alarming Fed
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
The average Wall Street bonus fell a bit last year — to $176,000
The average Wall Street bonus fell 2% last year — to $176,500, New York state officials say. The bonus' high water mark was $240,400 in 2021, and its relative low was $111,400 in 2011.
How Fed could react to hot February inflation
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
Stock market soars to record highs
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
Major Wall Street firms exit climate group
The New York Times reports several major investment firms are leaving a group founded to fight climate change. Aron Cramer, CEO of Business for Social Responsibility, joins CBS News to break down the controversy.
Stocks push deeper into record terrain, fueled by hopes for rate cuts
The Fed has hinted that rate cuts are coming, though some officials have suggested they may begin later than investors expect.
Wall Street closes out week on record upswing
The big picture on Wall Street is that it's been a solid stretch for the American economy. But for those hoping to buy a home, pay rent, or afford groceries, it's not all quite as rosy.
S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Just 7 companies drove S&P 500's 2023 growth
Wall Street ended 2023 on a high note, and a group of companies known as the "Magnificent Seven" dominated. David Kass, professor of finance at the University of Maryland, joins CBS News to discuss if the outsized success of so few companies poses a risk to the economy.
Dow reaches 37,000-point milestone
The Dow Jones Industrial Average jumped 500 points Wednesday, crossing the 37,000-mark for the first time ever.
Dow hits record high as investors cheer Fed outlook on interest rates
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Oil prices surge amid Israel-Hamas war
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
Commercial real estate draws Wall Street buys
Firms on Wall Street are raising billions of dollars to acquire commercial real estate for relatively cheap prices. Al Root, senior writer at Barron's, joined CBS News to discuss the trend.
Moody's cuts credit ratings for 10 U.S. banks
Bank stocks fell Tuesday after Moody's Investors Service downgraded the credit ratings of 10 regional banks, citing growing financial risks and strains that could erode their profitability. The move prompted new concerns over the health of the banking sector. J.D. Durkin, host for financial site TheStreet, joins CBS News to discuss how it all impacts investors and the stock market.
The bear market is over. Here's why investors see better days ahead.
Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.
Nielsen on working for the Mormon church
From Wall Street to the Mormon church, how David Nielsen ended up moving to Salt Lake City and working for Ensign Peak Advisors.
Goldman Sachs settles gender bias lawsuit for $215 million
The Wall Street giant will reevaluate its promotion and evaluation processes as part of settlement.
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.
Trump ally Andy Biggs wins GOP nomination for Arizona governor, AP projects
Trump-endorsed Rep. Andy Biggs will take on Democratic Arizona Gov. Katie Hobbs in November.
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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Mamdani says he won't try to arrest Israel's Netanyahu
New York City Mayor Zohran Mamdani conceded late Tuesday that the city does not have the authority to arrest Israeli Prime Minister Benjamin Netanyahu.
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.
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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Mamdani says he won't try to arrest Israel's Netanyahu
New York City Mayor Zohran Mamdani conceded late Tuesday that the city does not have the authority to arrest Israeli Prime Minister Benjamin Netanyahu.
Mark Lamb wins Arizona House GOP primary after misconduct allegations
Former sheriff Mark Lamb was running against construction business owner Daniel Keenan in Arizona's 5th Congressional District Republican primary.
Trump ally Andy Biggs wins GOP nomination for Arizona governor, AP projects
Trump-endorsed Rep. Andy Biggs will take on Democratic Arizona Gov. Katie Hobbs in November.
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.
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
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Latest CBS News Videos
Behind the scenes of Apollo 11 (2009)
While the three astronauts of Apollo 11 received the bulk of the attention for landing on the moon in 1969, 400,000 people worked behind the scenes to make it happen. Randall Pinkston reported on one of those important people back in 2009.
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.