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.
President Trump said Thursday that he's nominating Mike Waltz to be U.S. ambassador to the United Nations. He also said Secretary of State Marco Rubio would take Waltz's position as national security adviser in the interim. CBS News chief White House correspondent Nancy Cordes reports.
Sean "Diddy" Combs formally rejected a plea deal offer in court Thursday. It came during the final pre-trial hearing in his sex trafficking and racketeering case.
Former National Institutes of Health Director Dr. Francis Collins, who abruptly left his NIH research lab in February, fears aggressive downsizing could impact Americans’ health.