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.
Stock Market
Stocks routed in Asia, tumble in Europe over U.S. recession fears
Japan's benchmark Nikkei 225 stock index plunged 12.4% on Monday in the latest bout of selloffs that are shaking world markets as investors fret over the state of the U.S. economy.
Stocks drop following weak July jobs report
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.
Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
Stocks dive as investors fret over signs of U.S. economic slowdown
Stocks fell sharply after new economic data raised concerns the economy could be slowing faster than expected.
The story of 2 American economies
Two major stock indexes, the S&P 500 and Dow Jones Industrial Average, are up over 15% compared to a year ago. Financial analysts point to this as an example of the U.S. economy's health, but the benefits are not accessible to all Americans. CBS News' Lindsey Reiser explains.
Inflation slows more than expected in June
Labor Department data released Thursday showed the annual inflation rate cooled from 3.3% in May to 3% in June. That's lower than the 3.1% rate some economists had projected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to unpack the report.
Keith "Roaring Kitty" Gill buys $245 million stake in Chewy
The meme-stock investor bought more than 9 million shares of the online pet supply company, causing its stock to surge.
Roaring Kitty posts image of a dog, and Chewy's stock price jumps
Chewy's stock price surged as high as $39.10, or 36%, after meme stock investor Keith Gill posted a dog image on social media.
Breaking down Nvidia's rise to the top
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.
GameStop raises $2.1 billion after latest "meme stock" surge
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
Keith Gill, GameStop's "Roaring Kitty," plans YouTube return
GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three years.
Stock market rallies around AI boom
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.
Who is Keith Gill, the "Roaring Kitty" pumping up GameStop shares?
Keith Gill, a financial analyst turned influencer, has helped turn GameStop into a stock market phenomenon. Here's what to know.
GameStop shares soar after "Roaring Kitty" reveals $116 million stake
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Top CEO pay is surging, report says
Paid compensation for chief executives of several Fortune 500 companies has risen dramatically over the last five years, according to a new report from The Wall Street Journal. WSJ writer Theo Francis joins to discuss why it's partly linked to a phenomenon known as the "Musk effect."
Wall Street's Shadow Market (2008)
Steve Kroft reported on the financial instruments that fueled the 2008 economic crisis.
Breaking down the Dow's 40,000 milestone
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
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.
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
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.
Stocks waver and oil prices rise after Israeli missile strike on Iran
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Trump Media stock down since March peak
Stocks for former President Donald Trump's Truth Social parent company are sinking. Javier E. David, the business and markets managing editor for Axios and a CBS News contributor, breaks down the factors affecting Trump Media & Technology Group's shares.
U.S. adds 303,000 jobs in March
New data from the Labor Department shows the U.S. added 303,000 jobs in March, beating the Dow Jones estimated gain of around 200,000 jobs. CBS News business analyst Jill Schlesinger breaks down the numbers and acting Labor Secretary Julie Su joins CBS News with her reaction.
What's next for Disney after board fight?
Disney stockholders gave the company's current leadership a win on Wednesday, reelecting all 12 board members and rejecting two hedge funds that fought for seats. Brooks Barnes, senior staff writer for The New York Times, joins CBS News to discuss what the results mean for the company's future.
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.
More U.S.
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
More MoneyWatch
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
More Politics
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
More HealthWatch
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
More World
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
More Entertainment
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
More Technology
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
More Science
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
More Crime
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
More Space
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
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Dual storms drench U.S. coasts
The Northeast sees its first major snowstorm of the season after months of drought, while a powerful Pacific storm causes flash flooding and power outages in Northern California.
Pacific Northwest still reeling from storm
Power outages are still affecting nearly 200,000 people in the northwest U.S. as the region continues to deal with the bomb cyclone that's killed at least two people. CBS News national weather correspondent Rob Marciano has a report on the storm from Eureka, California.
Hegseth facing scrutiny before confirmation
Pete Hegseth, President-elect Donald Trump's choice for secretary of defense, is in for an uphill battle to be confirmed for the role. CBS News political reporter Hunter Woodall has more on the process ahead for Hegseth.
What to know about Trump's new AG pick
President-elect Donald Trump has chosen former Florida Attorney General Pam Bondi to be his attorney general after his original pick, Matt Gaetz, decided to withdraw from consideration due to strong pushback on Capitol Hill. CBS News political reporter Olivia Rinaldi has more on how the change in prospective nominees happened.
Addressing the U.S. shortage of Black doctors
There's a major effort underway to bring more Black doctors into hospitals and examination rooms nationwide, and that effort is focused on easing the burden of medical school for students at historically Black colleges and universities. Jericka Duncan has more.