Stocks drop, oil prices surge
Stocks tumbled and oil prices surged on Friday in the wake of Israel's strikes in Iran. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stock Market
Stock markets slide and oil prices surge after Israel attack on Iran
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
Stocks waver in wake of U.S.-China framework
The Dow Jones had an up and down day Wednesday, finishing flat after news of the U.S. and China agreeing to a framework for a trade deal and new data that showed inflation rose slightly in May, although less than economists had expected. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Face The Nation: Robert Lighthizer, Christine Lagarde
Missed the second half of the show? The latest on American economy and trade talks.
IMF chief: "No signs" of recession "in the near term"
Despite a recent downturn in the stock market, Christine Lagarde forecasts modest growth in the U.S. economy next year.
Rare earths at center of U.S.-China talks
U.S. and Chinese officials met in London on Monday for a second round of trade talks. CBS News senior business and technology correspondent Jo Ling Kent has the latest on where things stand in negotiations to strike a deal between the world's two largest economies.
Economy adds 139,000 jobs in May
Friday's monthly jobs report showed some softening in private sector hiring, but little that would suggest a coming recession, with the economy adding 139,000 jobs in May. Peggy Collins and Laura Davison, who cover politics for Bloomberg News, join "The Takeout" to discuss the jobs report, the latest on the feud between President Trump and Elon Musk, and more.
The 2008 banking crisis: Are we due another?
In 2008, the banking system was near total collapse, the stock market was in free fall, and government officials (it seemed to many) were as clueless as the rest of us. CBS News business analyst Jill Schlesinger looks back at the housing and banking crisis that almost dragged the world down into another Great Depression, and talks with historian Adam Tooze and Wall Street Journal reporter Gretchen Morgenson about how many of the new rules put into place to protect the system from suffering another meltdown are being diluted.
Musk claims Trump's name is in Epstein files
Elon Musk and President Trump continued their war of words Thursday with Musk claiming on social media that Mr. Trump's name appeared in the files related to the case of Jeffrey Epstein, the disgraced financier who died by suicide in federal custody in 2019 while facing charges of sex trafficking. CBS News' Aaron Navarro and Nikole Killion have more. Then, CBS News contributor JD Durkin joins to assess the feud's impact on Tesla stock.
Couple faces retirement fears amid market swings
Like millions of Americans, Alicia and Chu Gomez are experiencing the waves of an uncertain, see-sawing market.
Couple nearing retirement faces stock market woes
Like millions of Americans, Alicia and Chu Gomez are experiencing the waves of an uncertain, see-sawing market. Jill Schlesinger reports.
Markets calm as tariffs take effect
U.S. stock markets appear calm as President Trump's doubled tariffs on foreign steel and aluminum take effect. This comes as new jobs report data emerges. CBS MoneyWatch correspondent Kelly O'Grady has more.
AP: CEO pay rose nearly 10% in 2024
In a record-breaking year on the stock market, the CEOs of some of the world's leading companies saw their compensation surge, all while their employees saw more modest gains, according to a new analysis. Paul Harloff, global markets editor for The Associated Press, joins to unpack the findings.
Trump on China of violating trade deal
President Trump accused China in a social media post of violating its trade agreement with the U.S. This comes as investors react to the latest economic data. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Stock market futures jump after court halts most Trump's tariffs
Surprise court ruling striking down most of President Trump's tariffs on imports could bolster stocks, according to Wall Street analysts.
Trump slams "nasty question" about "TACO" trade. Here's why.
A new term is popping up on Wall Street called "TACO," which stands for "Trump Always Chickens Out." The President says "it's called negotiation."
Markets rally after Trump's EU tariff delay
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.
Trump reverses course on EU tariffs
The stock market closed in the green on Tuesday after President Trump over the weekend delayed the start of tariffs on the European Union. The president also condemned Russia's Vladimir Putin over the war in Ukraine. CBS News' Ed O'Keefe and Caitlin Huey-Burns have the latest.
Stocks rally after Trump announces pause on EU tariffs
Trump's decision to delay the implementation of a 50% tariff on the EU sent stocks skyrocketing Tuesday.
Stocks close relatively flat
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.
Target reports weaker sales
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
Why did treasury yields spike?
Stocks fell across the board on Wednesday with the Dow Jones plummeting more than 800 points. A spike in treasury yields led to the selloff as investors voiced concerns about the GOP spending bill proposed by President Trump. CBS News contributor Javier David breaks it down.
Stock market falls sharply after Target reports sales drop
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Dow tumbles over 800 points, bond yields spike
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.
Big tech stocks dip lower
The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
California Democrats set to announce redistricting effort to counter Texas GOP
As Texas hurtles toward a flashpoint on a GOP effort to redraw congressional districts, California Democrats are about to answer with a plan of their own.
Trial over California National Guard deployment concludes
The trial over President Trump's deployment of thousands of National Guard troops to L.A. earlier this summer reached its third and final day Wednesday.
Kremlin gives details about Trump-Putin summit as Europe braces
British Prime Minister Keir Starmer welcomed Ukrainian President Volodymyr Zelenskyy to London, a day before a critical U.S.-Russia summit in Alaska.
Threat over after Alaska's capital sees record glacier-related flooding
Alaska's capital of Juneau faced record floodwaters due to rainwater and snowmelt flowing downstream from a basin dammed by the Mendenhall Glacier.
Staffing shortages at VA health systems on the rise, watchdog finds
The VA's Office of Inspector General found facilities reported 4,434 staffing shortages this fiscal year, which is a 50% increase from fiscal year 2024.
Former Atty. General Eric Holder talks with House Democrats about redistricting
Holder gave House Democrats an overview on the latest in the GOP Texas redistricting effort.
Woman killed by falling rocks after summiting world's 2nd-highest peak
Guan Jing was struck by falling rocks on Tuesday while descending K2, a day after reaching its summit, a government spokesperson said.
Florida's first black bear hunt in a decade approved despite strong opposition
The first black bear hunt in Florida in a decade will take place in December under a rule adopted Wednesday by state wildlife officials.
Taylor Swift reveals release date, cover of new album, "The Life of a Showgirl"
Taylor Swift announced her 12th studio album, "The Life of a Showgirl," after a countdown tease on her website. The release date is now set for Oct. 3.