The Dow Jones Industrial Average soared nearly 1,600 points, or 3%, on Wednesday, its biggest gain of the year, as investors digested the impact of the Democrats’ sweeping victories in the midterm congressional elections. Other indexes also jumped, with the broader S&P 500 climbing 120 points, or 1.6%, to close at 7,689 and the tech-heavy Nasdaq…
Democrats’ decisive sweep of the U.S. House and Senate in Tuesday’s elections will reshape the direction of federal health policy — setting the stage for oversight investigations, a legislative push to reverse cuts to the Affordable Care Act and Medicaid, and a focus on lowering costs such as insurance premiums and drug prices. The conclusive…
Democrat Jon Rosenthal won the Texas Railroad Commissioner race, CBS News projects, defeating Republican Bo French after the GOP candidate refused to reconsider his racist, anti-Muslim and antisemitic comments. With about 93% of votes counted, Rosenthal led French 52.5% to 45.6%. The powerful Texas railroad commissioner does not deal with railroads, but instead regulates the…
Marvell Technology announced Monday that it would acquire Lumentum Holdings in a deal valued at $115 billion, one of the biggest tech industry deals ever. Marvell said the purchase of Lumentum, which manufactures lasers, circuit switches and other products used for data centers, would make the enlarged company a “category leader in AI connectivity.” Marvell…
Dozens of robots took on more than 3,000 steps up one of China’s most famous peaks Monday, many carrying eggs and watermelons in a race organizers billed as a test of real-world machine endurance, state media showed. For hundreds of years, Mount Tai — the tallest peak in China’s eastern Shandong province — was an…
Public servants going into government to clean things up? Sounds cliché! But at the Jones Island Water Reclamation Facility in Milwaukee, Wisconsin, that’s job number one (and number two). As our guide Bill Graffin explains, this 101-year-old pioneering feat of engineering treats as much as 400 million gallons of wastewater each day. So, before the…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Bernie Sanders, Independent of Vermont Rep. Mike Lawler, Republican of New York Pennsylvania Gov. Josh Shapiro, a Democrat David Becker, CBS News election law contributor and the executive director of the Center for Election Innovation and Research Anthony Salvanto, CBS News…
The following is the transcript of the interview with Rep. Mike Lawler, Republican of New York, that aired on “Face the Nation with Margaret Brennan” on Nov. 1, 2026. MARGARET BRENNAN: We go now to Republican Congressman Mike Lawler. He joins us today from New York. You are in this home stretch of campaigning in…
At least two people were killed in a drone attack in Russia’s southwestern Saratov region and parts of Ukraine went without power following targeted assaults on energy infrastructure, local authorities said Saturday, as U.S.-led peace talks on ending the war press on. The drone attack damaged a residential building and several windows were also blown…
After hackers stole more than $6 billion from Binance, the cryptocurrency exchange said Friday it is working to recover the assets, a multi-pronged process that experts said involves coordinating with law enforcement and tracking the movement of the stolen funds. “Binance has begun recovering affected assets for users and continues to work with law enforcement,…
