Dow plunges more than 1,000 points amid U.S. recession fears
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
S&P 500
Dow closes above 40,000 for first time, notching new milestone
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
Here's what Americans think is the best long-term investment
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
Why are gold prices suddenly rising?
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
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 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.
Dow jumps 520 points as investors cheer inflation slowdown
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Stocks close strong as debt talks improve
The Dow Jones, the S&P 500 and the Nasdaq closed in the green Friday, as investors reacted to negotiators making progress in the debt ceiling standoff. Javier David, Axios managing editor for business and markets, and J.D. Durkin, host of TheStreet, joined CBS to explain what the numbers mean for investors and the economy.
Stocks close higher ahead of Fed decision
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
S&P Dow Jones booting all Russia stocks from its indices
The index giant also said it is stripping Russia of its "emerging market" designation given the "deterioration" in its markets.
Markets soar on Pfizer vaccine, election news
Stock markets got a shot in the arm after promising news of a vaccine and election results were announced. CBS News business analyst Jill Schlesinger explains the factors behind the market surge.
Stocks plummet again as coronavirus fears intensify
Asian shares plunge and Dow and S&P futures tumble as markets' wild ride continues
S&P 500 approaching record high as stocks jump on strong earnings
Investors are cheered by strong earnings reports as well as signals that the economy remains strong
What's behind recent stock market volatility
Stocks finished a wild week mostly down on Friday. The Dow Jones and S&P both ended up losing ground while the Nasdaq made modest gains. With one trading day left in 2018, it's looking like all three major indexes will finish the year as much as seven percent lower than where they began. Yahoo Finance’s editor-at-large, Brian Sozzi, joins “CBS This Morning: Saturday” to discuss what’s behind the volatility.
What's behind bull market milestone
The stock market Wednesday could achieve its longest stretch of growth since March 2000. We're experiencing a bull market, which happens when the stock market grows a continuous rate without a dip of 20 percent. The S&P 500 reached an all-time high Tuesday, closing at more than 2,862 points. CBS News financial contributor Mellody Hobson joins "CBS This Morning" to break down what's behind the bull market and its limitations.
S&P says Venezuela has defaulted on its debt
The credit agency downgraded the country's sovereign debt to "selective default," which means it decided to skip a bond payment
Is Obamacare set for a healthy turnaround?
While warning that politics could alter the equation, a credit ratings agency says 2017's price hikes are a "one-time" issue
Stung by low oil prices, Exxon's credit rating is lowered
S&P lowered oil giant's rating one notch to "AA+" because of slumping oil prices and the large dividend the company pays
Japan's woes earn a credit rating downgrade
Saying Abenomics isn't likely to result in a needed economic revival, S&P dropped the country's rating to A+ from AA-
Jill Wagner reports on the day's top financial stories
CBS News confirms federal investigators are looking into a potential safety defect in some airbags in more one million vehicles, Starbucks is rolling out a wireless phone charging program -- and more. Jill Wagner reports on the day's top financial stories.
Jill Wagner reports on the day's top financial stories
Some big changes to United Airlines' frequent flyer program, P.F. Chang's restaurant chain is investigating a possible customer data breach -- and more. Jill Wagner reports on the day's top financial stories.
Jill Wagner reports on the day's top financial stories
The cost of a cup of coffee keeps going up, President Obama expands a program to help students paying back federal college loans -- and more. Jill Wagner reports on the day's top financial stories.
Jill Wagner reports on the day's top financial headlines
Seattle, Wash., is about to have the highest minimum wage in the nation, Apple introduces new features for their popular devices -- and more . Jill Wagner reports on the day's top financial headlines.
Jill Wagner reports on the day's top financial headlines
President Obama is expected to take historic steps to fight climate change, Apple is promising their best product lineup in 25 years will be unveiled at their annual Worldwide Developers Conference and more. Jill Wagner reports on the day's top financial headlines.
Trump selects Pam Bondi for attorney general after Gaetz withdraws
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Guns, ammunition flowing from U.S. to Latin America and Caribbean
U.S. guns are fueling conflict in Latin America and the Caribbean.
Pete Hegseth meets with GOP senators seeking support for expected nomination
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
Education secretary pick Linda McMahon named in WWE child sex abuse lawsuit
The suit claims McMahon and others at the WWE were aware of misconduct decades ago and negligent in failing to prevent it.
Bob Casey concedes Pennsylvania Senate race to Dave McCormick
Incumbent Sen. Bob Casey on Thursday conceded in the U.S. Senate race in Pennsylvania to Dave McCormick.
Israel stands by as aid convoys come under attack in Gaza
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
McBride: GOP trying to "manufacture a crisis" with bathroom ban
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
Alabama carries out nation's third nitrogen gas execution
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker became the third person executed by nitrogen gas in both the U.S. and Alabama.
Drug "several times" stronger than fentanyl linked to California overdose death
The U.S. Department of Justice filed charges in what could be the nation's first death-resulting criminal case involving a synthetic opioid that is possibly more dangerous than fentanyl.
U.S.
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Guns, ammunition flowing from U.S. to Latin America and Caribbean
U.S. guns are fueling conflict in Latin America and the Caribbean.
Pete Hegseth meets with GOP senators to secure support for expected nomination
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
Shohei Ohtani named NL MVP after record-setting Dodgers season
Shohei Ohtani becomes the second player named MVP in both the American and National leagues.
Yankees slugger Aaron Judge easily wins second AL MVP Award
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
Trump selects Pam Bondi for attorney general after Gaetz withdraws
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
MoneyWatch
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Bitcoin hovers around $100,000 as post-election rally rolls on
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Trump's proposed tariffs could raise U.S. grocery prices, analysis finds
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
BJ's Wholesale Club hikes membership fees for first time since 2018
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Here's where Elon Musk says his DOGE will aim to cut federal spending
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
Politics
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Georgia fires review board members after info leaked on 2 maternal deaths
Georgia's top health official dismissed all members of a state committee that investigates pregnancy-related maternal deaths after the leak, presumably by a committee member, of information about two such deaths.
Israel stands by as aid convoys come under attack in Gaza
A truck driver claims Israeli tanks and an Israeli drone watched as the aid convoy he was with was attacked in Gaza. But Israel's military says it is not responsible for protecting the aid.
Pete Hegseth meets with GOP senators to secure support for expected nomination
Former Fox News host Pete Hegseth was with Vice President-elect JD Vance on Capitol Hill on Thursday.
Trump selects Pam Bondi for attorney general after Gaetz withdraws
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Nikki Haley criticizes Trump Cabinet picks Tulsi Gabbard, Robert F. Kennedy Jr.
Haley said of Kennedy, Trump's pick to be HHS secretary, that he has no background in health care and accused Gabbard, tapped for DNI, of repeating "Russian talking points."
HealthWatch
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Anti-fraud efforts meet real-world test during ACA enrollment period
The federal government put guardrails in place to limit unauthorized plan sign-ups and switches. But the changes could prove to be a burden to consumers.
Life expectancy gap in the U.S. widens to 20 years: "Truly alarming"
Life expectancy in the United States varies by more than 20 years depending on race and ethnicity and where you live, according to new research.
RFK Jr. weighing FDA crackdown on food additives under Trump
Kennedy's team is weighing a significant rewrite of the FDA's rules.
Why the latest bird flu case has experts worried about pandemic potential
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
New cases of bird flu in U.S.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the latest on bird flu as new cases raise alarms among health officials. There have been 53 confirmed human cases across seven states this year. Health officials in California are reporting a possible case in a child who had no known contact with an infected animal.
World
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Iran says it will boost uranium enrichment after IAEA rebuke
A rebuke of Iran led by the U.S. and its close allies at the global nuclear watchdog agency has drawn a vow by the Islamic republic to further ramp up uranium enrichment.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Guns, ammunition flowing from U.S. to Latin America and Caribbean
U.S. guns are fueling conflict in Latin America and the Caribbean.
Suspicious package causes security scare near U.S. Embassy in London
London police said a "loud bang" heard near the U.S. Embassy was a controlled explosion carried out after a suspicious package was discovered.
More tourists die after drinking tainted alcohol in Laos as several people held
The death toll has inched up after tourists drank tainted alcohol in the tourist town of Vang Vieng, Laos. Authorities say several people are in custody.
Entertainment
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Connie Nielsen on returning to "Gladiator" after 24 years
Connie Nielsen opens up about returning as Lucilla in "Gladiator II," reuniting with director Ridley Scott and exploring her character's emotional journey.
Shelby Lynne on how personal struggles and friendships impacted her music
Singer-songwriter Shelby Lynne opens up about her new album and how her friendships helped save her when she thought her recording career could be over.
Malcolm Washington on "The Piano Lesson"
Making his feature directorial debut, Malcolm Washington brings August Wilson's Pulitzer-winning play to the screen with help from his father, Denzel Washington and siblings John David and Katia
Connie Nielsen on returning to "Gladiator"
Ahead of the sequel's release, Connie Nielsen joins "CBS Mornings" to talk about stepping back into the world of Ridley Scott's epic saga and her character's emotional journey.
Shelby Lynne on her journey and new album
After overcoming years of personal struggles, Grammy winner Shelby Lynne is back with her first album in years. She tells Anthony Mason why her return to recording came as a surprise, even to her.
Technology
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Technology
Australia could ban social media for kids
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
DOJ targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
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.
Bitcoin hovers around $100,000 as post-election rally rolls on
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Bezos denies Musk claim that the Amazon founder predicted Trump loss
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Science
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Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
Crime
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Georgia woman convicted of killing her toddler gets life in prison
Leilani Simon was spared the maximum punishment of life without a chance of parole.
Guns, ammunition flowing from U.S. to Latin America and Caribbean
U.S. guns are fueling conflict in Latin America and the Caribbean.
Alleged LA County drug distributor charged with dealing opioid more powerful than fentanyl
The U.S. Department of Justice filed charges in what could be the nation's first death-resulting criminal case involving a synthetic opioid that is possibly more dangerous than fentanyl.
Mexican cartel leader who faked own death arrested in California
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Alleged New York Stock Exchange terror plot
The FBI has arrested a Florida man who's accused of plotting to bomb the New York Stock Exchange. CBS News New York reporter Allen Devlin has more.
Space
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Space
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
6 dead after drinking tainted alcohol in Laos
At least six people have died after officials say they drank tainted alcohol in the southeast Asian nation of Laos. Authorities say the victims include one American, two Danish tourists, a British woman and two Australian teenagers. Investigators believe they had drinks containing methanol.
Darian Jenkins reflects on NWSL career
After retiring from professional soccer, Darian Jenkins is bringing her expertise to CBS Sports. She is best known for her time with the Orlando Pride and North Carolina Courage. Jenkins reflects on her career and her new role with CBS Sports.
NWSL fans power record-breaking season
The National Women's Soccer League Championship will draw thousands of fans to CPKC Stadium, marking the end of a historic season. Jan Crawford explores how diehard supporters are driving a cultural shift in women's sports.
Thanksgiving travel kicks off
With Thanksgiving less than a week away, travelers are already crowding airports. Airlines expect to fly tens of millions of passengers between today and the Monday after Thanksgiving. Kris Van Cleave reports.
First look at Kansas City's CPKC Stadium
CPKC Stadium, the first venue exclusively for a women's professional sports team, is hosting the National Women's Soccer League Championship this weekend. Dana Jacobson takes a closer look ahead of the big event.