Stocks fall on COVID-19's spread, Fed's cautious comments
Investors are worried that an increase in infections in some U.S. states could threaten the nation's economic recovery.
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Investors are worried that an increase in infections in some U.S. states could threaten the nation's economic recovery.
The "biggest payroll surprise in history" is fueling investor optimism that the economy is rebounding.
Biotech stocks like Moderna and Novavax are up as much as 1,200% this year as Wall Street bets on coronavirus cures.
Moderna's CEO and other executives made millions selling stock after the company's COVID-19 vaccine announcement. CBS News MoneyWatch senior reporter Stephen Gandel joins CBSN's Tanya Rivero with the latest.
Stock market has surged 35% since a mid-March low as investors hang their hopes on an economic recovery.
"It's going to be certainly a very historic moment, and special moment for the traders on the floor," Stacey Cunningham, president of the NYSE said.
Investors are jittery as the Trump administration ratchets up the pressure on tariffs ahead of negotiations with China on Thursday.
President Trump is threatening to raise tariffs on $200 billion worth of Chinese goods, rattling investors and causing the Dow to plunge. Melissa Amro, founder and owner of The Stock Swoosh, LLC, joined CBSN to talk about the possible impacts that these tariffs could have on the U.S. economy.
The stock market opened Friday following the Trump administration's increase in tariffs on Chinese goods. Senior columnist at Yahoo Finance, Rick Newman, joined CBSN to discuss how the tariffs are impacting the market, and consumers.
Reddit co-founder and venture capitalist Alexis Ohanian says "we've waited too long" to have conversations about technology that's already used widely in our society. He spoke with CBSN about the upcoming congressional hearings that are meant to explore possible antitrust violations by Facebook, Google, Amazon, and Apple.
President Trump is calling John Bolton a "hawk" but says he still has confidence in his national security adviser despite calling off a planned strike on Iran. This comes as the president gears up for high-stakes talks with Russia's Vladimir Putin and China's Xi Jinping at the G20 summit in Japan next week. White House columnist for The Hill, Niall Stanage, joins CBSN to break down the latest developments.
The trade battle between the U.S. and China is rocking stock markets around the world. Market futures predict a rebound today after Wall Street's worst day of the year. Major indexes lost nearly 3% or more yesterday and the Treasury Department is now labeling China as a currency manipulator. CBS News business analyst Jill Schlesinger joined "CBS This Morning" with more on what that means for your money.
President Trump says the U.S. is in a "very strong position" with China over trade. The stock market saw a slight recovery Tuesday morning after suffering its worst losses of the year. Yahoo Finance reporter Scott Gamm joins CBSN with more on how U.S.-China trade tensions could impact the market.
U.S. stocks fell sharply after worrying signs from the bond market and global economies. Melissa Armo, founder of The Stock Swoosh, joins CBSN with more.
President Trump and his advisers are pushing back against the idea that a recession could be coming, and they're also watching China's response to protesters in Hong Kong. Chip Reid reports.
The White House is pushing back against recession fears after some stock market turmoil last week. President Trump told reporters Sunday that America's economy is the best in the world, despite serious warning signs of a possible recession on the horizon. CBS News national correspondent Chip Reid joins CBSN's Anne-Marie Green with the latest from Washington.
The Dow lost more than 1% after China announced a round of retaliatory tariffs on $75 billion of U.S. products.
The U.S. employment report for August showed employers added 130,000 jobs. Yahoo Finance reporter Scott Gamm joined CBSN to talk about its impact on the stock market.
Investors are hopeful for another interest-rate cut and a potential U.S.-China trade deal
President Donald Trump finished 2019 as only the third president in history to be impeached. CBS News White House correspondent Ben Tracy looks back on a rocky year, recapping failures and successes - and looks ahead to what this election year may hold.
Coronavirus fears wiped out all of this year’s gains in the stock market. The Dow lost more than 1,000 points today, and the Nasdaq and S&P 500 also tanked. The number of cases of illness here in the U.S. shot up to 53 over the weekend, as dozens of sick passengers returned from that cruise ship in Japan. Mark Phillips reports.
Traders will be required to wear masks and prohibited from using public transportation, NYSE president says.
As Coronavirus cases spread throughout the world, the fear and uncertainty is taking a drastic toll on the financial markets. Meg Oliver reports.
Panic over a coronavirus outbreak could send the stock market into its worst week since the 2008 financial crisis. The Dow Jones industrial average saw its worst one-day point drop in history on Thursday as it lost an entire year’s worth of gains over the course of a week. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss the likely economic fallout.
Coronavirus fears caused stocks to fall for the seventh straight day. Traders blamed the lack of consistent message from the Trump administration. Nikki Battiste reports.
Dozens of companies and wealthy individuals have given money toward President Trump's White House ballroom project. Many have also sought favorable policies.
A red and gray scrap truck carried remnants of the East Wing about six miles from the White House.
The deployment dramatically increases the number of U.S. service members and ships dedicated to countering narcotics traffickers.
President Trump late Friday pushed for several Biden-era Justice Department officials to be prosecuted over an FBI investigation into the fallout of the 2020 election.
The government shutdown hit Day 25 with no deal in sight as the Senate stands adjourned for the weekend.
The U.S. sanctioned the Colombian president, an escalation of the feud between President Trump and the South American leader.
The Trump administration is proposing to auction offshore oil drilling leases across new portions of the U.S. coast as soon as 2026, according to internal documents viewed by CBS News.
President Trump said he's ending trade talks with Canada over an anti-tariff ad campaign by the province of Ontario that uses Ronald Reagan's voice — leading Ontario to pull the ads after this weekend.
The Trump administration's deportation flights to Venezuela have continued amid heightened U.S.-Venezuelan tensions, senior Department of Homeland Security officials say.