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Stocks plummet after interest rate hike

The Dow, Nasdaq and S&P plummeted Thursday as investors worry that the Federal Reserve's plan to fight inflation could slow the economy. CBS News business analyst Jill Schlesinger explains the volatility.

May 5, 2022 (01:26)

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New details on Cornell rape investigation

New details on Cornell rape investigation

Details on latest Lindsay Clancy hearing

Details on latest Lindsay Clancy hearing

Trump says AI leaders can police themselves

Trump says AI leaders can police themselves

"American Idol" contestant found guilty of murder

"American Idol" contestant found guilty of murder

U.K. police defend letting terror suspects go

U.K. police defend letting terror suspects go

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Iranian photojournalist facing prison speaks

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Ethics expert on Trump's new TV ads

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New details in alleged Cornell gang rape

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A nor'easter newlywed story

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Update on key races 35 days before midterms

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Lindsay Clancy's attorney questions killings

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Winter holiday flight prices at 10-year high

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Holiday airfares hit highest level in a decade

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Students stop runaway school bus

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Lindsay Clancy's lawyer argues against retrial

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Trump and tech leaders sign AI "constitution"

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Flash flooding hits Southwestern U.S.

New ProPublica report on online sports betting

New ProPublica report on online sports betting

New book on making of modern Middle East

New book on making of modern Middle East

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