CBS News

Editor’s Note: This story has been updated to correct a typographical error in the headline. Elon Musk teased a show and said he’d personally fund it, just as President Donald Trump renewed his attacks on Paramount Global-owned (NASDAQ:PARA) (NASDAQ:PARAA) CBS's long-running news...

The U.S. Supreme Court on Monday declined lawyer Michael Cohen’s bid to sue former President Donald Trump for alleged retaliation over a tell-all book.  Trump Media & Technology Group Corp (NASDAQ:DJT) shares are trading higher following the court ruling, last up more than 2%, according...

Operation Warp Speed Chief Adviser Moncef Slaoui said Sunday that Moderna Inc’s (NASDAQ: MRNA) coronavirus vaccine could be administered at half the regular volume to some people in order to bolster availability. What Happened: The chief of the government’s COVID-19 vaccine...

Starbucks Corporation (NASDAQ: SBUX) is offering free coffee to front-line responders and healthcare workers at participating stores in the United States through December as a part of showing its appreciation. What Happened: The free coffee would be available beginning Dec. 1 through Dec. 31 to any...

President-elect Joe Biden is to select Janet Yellen, the former Federal Reserve chair, as the first female Treasury Secretary in the history of the United States, according to CBS News. What Happened: Reports that Biden is considering Yellen for the position have been circulating for weeks....

The director of the National Institute of Allergy and Infectious Diseases, Dr. Anthony Fauci, said in a CBS "60 Minutes" interview Sunday that he was "absolutely not" surprised that President Donald Trump got infected with COVID-19. What Happened: Fauci told...

Editor's note: This story has been updated to reflect a new Saturday afternoon statement from the White House on the timeline of the president's coronavirus infection and additional reports on the president's condition.  President Donald Trump is “doing very well” at...

SpaceX and NASA plan to launch astronauts into orbit for the first time since 2011 next week. President Donald Trump has indicated he wants to witness the launch. What Happened Trump told reporters on Thursday that he may go to Florida to watch the launch of SpaceX’s Crew Dragon, which...

The Food and Drug Administration (FDA) on Thursday warned that rapid novel coronavirus (COVID-19) testing kits developed by Abbott Laboratories (NYSE: ABT) are frequently returning false negatives, according to preliminary data. What Happened The regulatory agency said it continues to evaluate...

Dr. Anthony Fauci, a senior figure in the fight against the coronavirus ravaging the U.S., who appears on the televised White House coronavirus briefings, will be provided increased security because of the threats he's been receiving. What Happened Dr. Fauci, the director of the...

Are new tariffs on Chinese goods the Grinch who will steal Christmas? Nearly six out of 10 people surveyed by Coresight Research said they are concerned tariffs will boost the prices of holiday goods, CNBC reported. Survey Results Coresight Research surveyed 1,784 U.S. consumers in August, and...

The social media space had a mixed year, with Facebook Inc (NASDAQ: FB) shares cooling off after a stellar 2015 amid the fake news and ad metrics scandals. Twitter Inc (NYSE: TWTR) found itself in a mess, and Snap Inc., formerly Snapchat, is preparing to offer its shares to the public. Even amid...

Twitter Inc (NYSE: TWTR) and Facebook Inc (NASDAQ: FB) have long competed with each other as two of the largest and most successful social media networks on the planet. Twitter shareholders are painfully aware of the fact that Twitter has often come out with the short end of the stick competing...

Let’s face it: Politicians are not known for their honesty. Look no further than Donald Trump’s Twitter account to see a clear example of typical political spin. On Friday, Trump tweeted that former New York mayor Michael Bloomberg’s last term in office was “a disaster....

For many, everything coming from the Federal Reserve is confusing. The rhetoric itself, "Fedspeak," can be overwhelming, and media outlets' reports on the happenings are often fueled by speculation. As explained by the Wall Street Journal, despite the oft-convoluted language, the Fed statements...