
What new earnings reports say about tech
The stock market closed in the green for the start of May thanks in part to strong quarterly earnings from Meta and Microsoft. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
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The stock market closed in the green for the start of May thanks in part to strong quarterly earnings from Meta and Microsoft. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Investors are reacting to strong earnings from two of America's biggest tech names, Microsoft and Meta. The Dow went up about 80 points on Thursday, one day after data showed the U.S. economy shrank in Q1 of 2025. CBS News contributor J.D. Durkin reports.
Microsoft and Meta outperformed expectations in the earnings reports they released Thursday, despite concerns about the economy. Joy Wiltermuth, news editor and senior markets reporter for MarketWatch, joined CBS News to break down the numbers.
The stock market has been in positive territory Thursday as companies released earnings reports that beat expectations. Nick Timiraos, chief economics correspondent for the Wall Street Journal, joined CBS News to discuss.
The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
In a matter of weeks, two very different meetings happened between President Trump and Michigan Democratic Gov. Gretchen Whitmer. NOTUS Congress reporter Daniella Diaz and Bloomberg senior national political correspondent Nancy Cook break it down.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Stocks slid on Wednesday after new data showed that the U.S. GDP declined at a .3% rate in the first quarter of 2025. It was the worst quarterly performance for the U.S. economy since early 2022. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Tuesday marks the 100th day of President Trump's second term in office. CBS News' Major Garrett, Olivia Rinaldi, Kelly O'Grady and Scott MacFarlane report on how he has reshaped the economy and the government.
"Trust in Trump" was the White House's message on Tuesday when it came to the president's economic policy. But his wide-reaching tariffs have shaken economic norms, led to market uncertainty and voter concerns. CBS News MoneyWatch correspondent Kelly O'Grady examines the state of the economy 100 days into Mr. Trump's second term.
The Dow Jones closed in the green on Tuesday as President Trump marked 100 days of his second term. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the state of the economy.
Consumer sentiment fell more than 8% in March, according to a survey from the University of Michigan, marking the fourth straight decline. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to assess what the figure could say about the state of the economy.
Financial markets are likely to remain choppy until investors get more clarity on U.S. trade policy, Wall Street analysts say.
The Dow Jones eked out a 0.05% gain Friday as investors digested mixed messages on trade talks between the U.S. and China. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
The stock market briefly stalled on Thursday before closing higher for the third day in a row. The slight hiccup came after Beijing denied the Trump administration's claim that there are ongoing trade talks between China and the U.S. CBS News senior business and tech reporter Jo Ling Kent reports.
The Trump White House insists it can still seal 75 trade deals in 90 days, but what is that uncertainty doing to the economy in the meantime? Justin Wolfers, professor of public policy and economics at the University of Michigan, joins "America Decides" to discuss.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Tesla released its earnings report for 2025's first quarter Tuesday with sales and profits falling short of analyst expectations as CEO Elon Musk continues to focus on the Trump administration's Department of Government Efficiency. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump is escalating his attacks on Federal Reserve Chair Jerome Powell as questions emerge about the future of the U.S. economy. CBS MoneyWatch correspondent Kelly O'Grady has more.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
Stocks slumped again on Monday as President Trump continued his attacks on Federal Reserve Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump announced the news on Truth Social hours after meeting with Russian president Vladimir Putin in Alaska.
Erin is the first hurricane to develop over the Atlantic this year, and meteorologists are closely tracking its path and forecast.
U.S. Citizenship and Immigration Services instructed officers on Friday to consider additional factors when determining whether immigrants applying for U.S. citizenship have a "good moral character."
Environmental groups and independent scientists are criticizing a report assembled by a small team of well-known climate skeptics selected by Energy Secretary Chris Wright.
Attorney General Pam Bondi issued an order Thursday that amounted to a reversal of "sanctuary" policies in D.C. The District sued over the order Friday.
President Trump and Russian President Vladimir Putin held a high-stakes summit in Alaska, but the talks did not yield a ceasefire in Ukraine.
The thieves were armed with bear spray and a Taser, and shattered the building's glass doors before ransacking display cases.
Ryan Wardwell of California planned to rappel down waterfalls known as the Seven Teacups on Sunday, officials said.
A complete shutdown will affect approximately 130,000 people daily, and around 25,000 Canadians will be stranded abroad each day. Air Canada operates around 700 flights per day.