
Stocks fall as inflation fears continue to grip investors
"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
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"Confidence is going to continue to shrink as long as inflation remains high," said one analyst.
Financial markets are rising, with some analysts predicting an economic slowdown rather than a recession.
Japan automaker is recalling 2,700 of its bZ4X crossover vehicles because wheel bolts could become loose.
Stocks have slumped in recent weeks amid investor fears that sharply higher interest rates could trigger a recession.
Billions living in the world's top four most polluted countries — all of them in South Asia — could be facing a life shortening impact of air pollution.
China's defense minister said the United States is trying to "hijack" the support of countries in the Asia-Pacific region to turn them against Beijing.
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
Manufacturers are again downsizing packaging in an effort to ease the hit from inflation. Are they going too far?
"The war could spark starvation. It could cause social unrest and political turmoil," OECD chief economist said.
The Biden Administration has temporarily lifted tariffs on solar panels imported from Asia in response to widespread delays and cancellations of solar projects stemming from a Commerce Department investigation into possible trade violations. Gina McCarthy, White House national climate advisor, joins Lana Zak on CBS News to discuss the move.
Beijing's top diplomat is headed home without the comprehensive economic and security agreements he'd hoped for. But if the U.S. doesn't step up, he'll be back.
A mountain resort in Vietnam has opened a bridge with a bottom made of glass over a gorge nearly 500 feet below to attract thrill-seeking tourists. It's the third such bridge in the Southeast Asian country.
Conservative activist and Turning Point USA co-founder Charlie Kirk died Wednesday after he was shot at an event at Utah Valley University.
Timeline of the deadly shooting of Charlie Kirk, according to information gathered by the CBS News Confirmed team.
Conservative activist Charlie Kirk was shot and killed on Wednesday while speaking an event at Utah Valley University. Authorities have not identified a suspect.
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
President Trump is attending the ceremony at the Pentagon.
Ryan Routh, who is representing himself, was warned by U.S. District Judge Aileen Cannon to stay on topic.
Britain's Ambassador to the U.S., Peter Mandelson, has been fired by Prime Minister Keir Starmer over "the depth and extent" of his relationship with Jeffrey Epstein.
Construction will be delayed by up to three months as the plant now grapples with shortage of workers.
Health officials are warning the West Nile virus season isn't over yet. Here's where the mosquito-borne illness has been spreading.