
How much is Trump's stake in Truth Social worth after market debut?
Former President Donald Trump's media business is trading under his DJT initials on the Nasdaq stock market.
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Former President Donald Trump's media business is trading under his DJT initials on the Nasdaq stock market.
Former President Donald Trump's Truth Social began trading under the ticker "DJT" on Tuesday, putting the real estate tycoon — and his initials — at the helm of a publicly traded company once again. CBS News' Lilia Luciano has more.
The top three major stock indexes are looking for their fifth straight positive day of trading Friday. Each major index hit new record highs Thursday as the Dow gets closer to the 40k mark. Laila Maidan, investing correspondent for Business Insider, joined CBS News to discuss the day's trading.
The Federal Reserve kept interest rates steady on Wednesday, but officials still anticipate cuts later this year despite two straight months of higher-than-expected inflation. Nick Timiraos, chief economics correspondent at The Wall Street Journal, joins CBS News to discuss the Fed's path forward.
The average Wall Street bonus fell 2% last year — to $176,500, New York state officials say. The bonus' high water mark was $240,400 in 2021, and its relative low was $111,400 in 2011.
Consumer prices climbed again in February, according to a new U.S. Bureau of Labor Statistics report. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss if the increase could change the Fed timeline for a rate drop.
The tech-centric Nasdaq is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021.
The New York Times reports several major investment firms are leaving a group founded to fight climate change. Aron Cramer, CEO of Business for Social Responsibility, joins CBS News to break down the controversy.
The Fed has hinted that rate cuts are coming, though some officials have suggested they may begin later than investors expect.
The big picture on Wall Street is that it's been a solid stretch for the American economy. But for those hoping to buy a home, pay rent, or afford groceries, it's not all quite as rosy.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Wall Street ended 2023 on a high note, and a group of companies known as the "Magnificent Seven" dominated. David Kass, professor of finance at the University of Maryland, joins CBS News to discuss if the outsized success of so few companies poses a risk to the economy.
The Dow Jones Industrial Average jumped 500 points Wednesday, crossing the 37,000-mark for the first time ever.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Oil prices rose 5% Friday amid the war between Israel and Hamas. J.D. Durkin, host of "The Street," joins CBS News to discuss what the spike means for U.S. investors.
Firms on Wall Street are raising billions of dollars to acquire commercial real estate for relatively cheap prices. Al Root, senior writer at Barron's, joined CBS News to discuss the trend.
Bank stocks fell Tuesday after Moody's Investors Service downgraded the credit ratings of 10 regional banks, citing growing financial risks and strains that could erode their profitability. The move prompted new concerns over the health of the banking sector. J.D. Durkin, host for financial site TheStreet, joins CBS News to discuss how it all impacts investors and the stock market.
Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.
From Wall Street to the Mormon church, how David Nielsen ended up moving to Salt Lake City and working for Ensign Peak Advisors.
The Wall Street giant will reevaluate its promotion and evaluation processes as part of settlement.
The U.S. is close to exhausting its ability to borrow without a debt ceiling extension. Jeff Stein, White House economics reporter for "The Washington Post," joined to discuss how a political divide in Washington could create headwinds for capital markets and the economy.
CBS News contributor and managing editor for business and markets for Axios Javier David and markets reporter for The Wall Street Journal Hardika Singh join CBS News' Meg Oliver and Elaine Quijano with their insights into the stock market, the state of the U.S. labor market, first-quarter earnings and more.
J.D. Durkin, host of "TheStreet," and Jacob Bogage, business reporter for The Washington Post, joined CBS News to discuss Friday's report of strong first quarter earnings for big banks. They also reacted to the latest unemployment numbers, and strong sales for Burger King.
Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.
CBS News business analyst Jill Schlesinger and J.D. Durkin, host of "The Street," join Errol Barnett and Elaine Quijano to discuss this week's market movers on Wall Street.
The Justice Dept. released transcripts of Deputy AG Todd Blanche's two-day interview with convicted sex trafficker and Jeffrey Epstein associate Ghislaine Maxwell.
The Trump administration may try to deport Kilmar Abrego Garcia to Uganda days after he was released from pre-trial detention, according to a DHS official.
California prison officials have denied parole for Erik and Lyle Menendez.
President Trump also said he's willing to bring in the "regular military," not just the National Guard.
A tour bus with more than 50 passengers lost control and rolled over on the New York State Thruway near Pembroke, killing five people, police said.
Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.
Lt. General Jeffrey Kruse is no longer Defense Intelligence Agency director, a senior defense official confirmed Friday.
The FBI confirmed it that it searched former national security adviser John Bolton's house early Friday morning.
The mid-decade map redraw adds five Republican-leaning districts and sets up a legal showdown over minority representation.