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.
Stock Market
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.
Impact of Moody's U.S. credit downgrade
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
Trump warns Walmart against raising prices
President Trump warned Walmart against raising prices on Saturday, telling the nation's biggest retailer and grocer to "eat the tariffs." His post comes two days after Walmart's CEO said prices could rise amid Mr. Trump's trade war with China and other nations. Willie James Inman reports.
U.S. producer price index unexpectedly drops
U.S. wholesale prices unexpectedly fell in April, marking the largest monthly drop since the start of the pandemic in 2020. CBS News contributor J.D. Durkin has more.
Fed warns of higher long-term interest rates
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
Crowds gather at anti-Trump "No Kings" rallies across the U.S., worldwide
Organizers say they are expecting millions of people to attend the events, and that there is at least one event planned in every state.
After Zelenskyy meeting, Trump says Ukraine, Russia should declare victory
Ukrainian President Volodymyr Zelenskyy visited to ask President Trump for more military aid as the war with Russia persists.
Trump commutes George Santos' prison sentence
In a post on Truth Social, the president said the ex-New York congressman has been "horribly mistreated" in prison.
Exclusive
Witkoff, Kushner felt betrayed by Israel's Qatar strike
Jared Kushner and Steve Witkoff, President Trump's dealmakers in brokering the Israel-Hamas ceasefire, discuss a setback that nearly derailed the peace talks.
Israel identifies remains of eighth deceased hostage
On Wednesday, Hamas had said it had handed over all the Israeli hostage remains it had been able to recover, and extensive efforts and special equipment would be required to find the remaining bodies.
Government shutdown becomes third-longest in history with no end in sight
The government shutdown is now the third-longest funding lapse in modern history, and the Senate won't meet until Monday. Follow live updates here.
Work underway to restore power at Ukrainian nuclear plant
Work has begun to repair the damaged power supply to Ukraine's Zaporizhzhia nuclear power plant, the head of the U.N.'s nuclear watchdog said.
California labor leader's felony charge over immigration protest is reduced
David Huerta was arrested in June outside a business where federal agents were investigating suspected immigration violations.
Prince Andrew gives up his royal titles in fallout from Epstein scandal
Britain's Prince Andrew will not use his royal title any longer, he said in a statement released by Buckingham Palace Friday.