Stocks jump as the Senate takes steps to end the government shutdown
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
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Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones closed down on Friday after President Trump threatened new tariffs on China. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Investors reacted to a major speech from Federal Reserve Chair Jerome Powell, offering his strongest indication yet that interest rates may be coming. Paul La Monica, senior market analysis writer for Barron's, joins CBS News to discuss.
The Dow Jones dipped slightly on Thursday after new inflation data showed that wholesale prices rose more than expected last month. CBS News senior business and technology correspondent Jo Ling Kent reports.
President Trump is suing the Wall Street Journal for $20 billion in damages. The paper reported that he sent a risqué birthday letter to Jeffrey Epstein for his 50th birthday. Willie James Inman has the latest.
President Trump announced that he is suing the publisher and owner of the Wall Street Journal, media tycoon Rupert Murdoch, and others in a $10 billion libel lawsuit. This comes less than 24 hours after the Journal published a report claiming Mr. Trump wrote Jeffrey Epstein a "bawdy" birthday note in 2003. CBS News reporter Erica Brown has more details.
Stocks tumbled on Friday after President Trump threatened to slap a 35% tariff on Canadian goods. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Artificial intelligence giant Nvidia became the first company to surpass a $4 trillion market valuation on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
CBS News MoneyWatch correspondent Kelly O'Grady reports on how markets are reacting after President Trump pushed back the deadline for countries to make trade deals with the United States. Countries now have until August 1 before they'll face tariff increases.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
The Dow Jones closed down over 400 points on Monday as President Trump sent letters to foreign countries warning of tariff increases that would go into effect August 1. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Stock market futures climbed and oil prices fell Tuesday, a sign Wall Street expects geopolitical risks to recede.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
The stock market rallied on Tuesday following President Trump's announcement that he would delay a 50% tariff on goods from the European Union. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
The Dow Jones closed down on Friday as President Trump's fresh tariff threats lit a fire under the European Union and Apple. Sarah Frier, Bloomberg technology editor, joins with analysis.
One day after it tumbled more than 800 points, the Dow Jones landed in the red by the tiniest of margins on Thursday. CBS News contributor JD Durkin examines the market.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
The Dow Jones dropped more than 800 points on Wednesday. Paul La Monica, senior writer for Barron's, joins CBS News to examine what's behind the selloff.
The Senate returns on Monday to continue work on a bipartisan deal to end the government shutdown, now on Day 41. Follow live updates here.
Airlines are expected to cancel 4% of Monday's flights at 40 of the busiest airports in the U.S. to comply with an order from the FAA.
President Trump on Sunday floated the idea of tapping his administration's tariff revenue to send checks to most Americans.
The Supreme Court rejected a bid by former Kentucky county clerk Kim Davis to overturn its landmark decision on same-sex marriage.
The Senate deal to end the government shutdown would extend funding through January and promise Democrats a vote on health care.
After reaching a bipartisan deal, Senate Democrats finally gave Republicans the votes needed to advance a government funding measure.
Ghislaine Maxwell, Jeffrey Epstein's sex trafficking co-conspirator, is planning to apply for a commutation of her 20-year prison sentence, House Judiciary Committee Democrats say.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
The Supreme Court will decide whether federal law prohibits states from counting mail-in ballots that arrive after Election Day.