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Major stock indexes had a roller coaster day coming out of Labor Day weekend. Julia-Ambra Verlaine, markets report at the Wall Street Journal, joins CBS News at Tuesday's closing bell to discuss what was driving the market.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
U.S. jobless claims declined for the third week in a row, according to numbers released by the Labor Department Thursday. However, investors fear it could give the Federal Reserve the opportunity to make another aggressive interest rate hike this month. Marley Kayden, economic journalist and a professor at DePaul University, joined CBS News to discuss the job market and its impact on the stock market.
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
The Dow Jones Industrial Average fell more than 1,000 points Friday after Federal Reserve Chair Jerome Powell said the Fed will continue raising interest rates to tame inflation. Colby Smith, a U.S. economics editor for the Financial Times, joins CBS News' Catherine Herridge to discuss.
Federal Reserve Chair Jerome Powell’s remarks on inflation triggered a massive sell-off on Wall Street. Melissa Armo, owner and founder of The Stock Swoosh, breaks down why investors aren’t thrilled with the Fed chair’s comments on a possible interest rate hike.
S&P 500 suffered its biggest drop in two months after Fed chair Jerome Powell said rates will remain high "for some time."
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
Melissa Armo, the founder and owner of The Stock Swoosh, joins CBS News to discuss what's driving the stock market, why investors fear potential impending interest rate hikes from the Federal Reserve and the significance of China's economic slowdown overseas.
S&P 500 suffers its biggest drop since June as investors fret over the Fed's effort to tame inflation.
Bed, Bath, and Beyond stock plummeted after influencer investor Ryan Cohen announced he sold his stake in the company. The fallout is highlighting the negative impact of so-called "meme stocks." Ed Butowsky, managing partner of Capwood Investment, joins CBS News to discuss the latest on the markets after the closing bell.
Stocks ended the week lower on Wall Street, as investors look ahead to Fed chairman's annual Jackson Hole speech next week.
Bed Bath and Beyond has become the latest "meme stock," skyrocketing its value past what traditional investors believe it's worth. Julie Hyman, an anchor at Yahoo Finance Live, joins CBS News at the closing bell to discuss the impact and what's moving the markets.
Walmart and Home Depot kick off a host of retail earnings reports on Tuesday, followed by Lowe's and Target.
Some investors believe inflation may have peaked, allowing Federal Reserve to be less aggressive with hikes.
It turned out to be a relatively flat day on Wall Street. The Dow opened higher but took a turn midday, with the market dipping into the red. Chief economist for The Conference Board Dana Peterson joins CBS News' Tanya Rivero and Lilia Luciano to discuss.
Economy is "experiencing a healthy deceleration, not a recession," Goldman Sachs analyst says.
Investors are reacting to the July Consumer Price Index report, which showed the annual rate of inflation at 8.5%, down from 9.1% in June. CBS News' Tanya Rivero and Elaine Quijano speak with Insider reporter Ben Winck on what the report means for American consumers.
Latest inflation data bolsters hopes that consumer prices have peaked and that the Fed can temper interest rate hikes.
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
A little-known Hong Kong tech company with annual revenue of $25 million has seen its market value soar to $300 billion.
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
The Dow Jones Industrial Average rose back to even as tech stocks rallied on Monday. Yahoo Finance reporter Alexandra Semenova joins CBS News' Tanya Rivero to recap the stock market's gains.
The president stood firm in his demands that Democrats vote to end the government shutdown.
Videos showing extreme violence are easily accessible on Instagram — and people are making thousands posting graphic content on the platform, a CBS News investigation found.
A pardoned Capitol rioter was arrested last weekend for allegedly threatening to kill the top House Democrat.
Paul Ingrassia, the president's pick for Office of Special Counsel, pulled out of a Senate hearing after allegations surfaced that he sent a text conceding he has a "Nazi streak."
As President Trump's top envoys try to bolster the Gaza ceasefire, an insider questions both Netanyahu's and Hamas' commitment to peace.
Disgraced former Rep. George Santos described his time in prison, a conversation with President Trump, and writing suicide notes in a wide-ranging interview Tuesday.
Virginia Giuffre's posthumous memoir shares a personal account of the story that made headlines worldwide: her accusations against Prince Andrew and Jeffrey Epstein.
The National Guard troops are scheduled to arrive in time for the city's Bayou Classic — a major two-day college football event held at Caesars Superdome.
Sanae Takaichi is the first woman chosen to serve as Japan's prime minister. She favors a strong military, a strong economy — and a strong drum riff.