Watch CBS News
President Donald Trump answered questions outside the White House today after he announced a suspension of his global Reciprocal Tariff plan. Stock markets soared after the suspension update.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
Dow Jones Industrial Average tumbles amid fears of trade war that could crimp profits and hurt U.S. consumers.
Black Friday is a major shopping day for the nation's retailers. Here's what's happening with the stock market and USPS.
Some businesses and services may be closed on Veterans Day, a holiday to commemorate Americans who served in the military.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
The market swoon adds to weekly losses sparked by a hotter-than-expected inflation report.
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
Stocks claw back losses after flirting with the first bear market since early 2020.
S&P 500 suffers biggest one-day drop since 2020 as "stagflation" fears fuel concern about of a U.S. downturn.
Investors are concerned that tightening monetary policy could tip the U.S. economy into recession.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
Global stock markets rebounded Tuesday after President Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.
The financial markets tumbled on coronavirus fears and a crash in oil prices.
Stocks are falling again on Thursday as the economic impact of the global coronavirus spread becomes clearer.
Stocks plunged on Monday after the U.S. and China ratcheted up their trade war, with China letting its currency drop to an 11-year low.
A California woman is continuing her fight to keep her uncle, who violently sexually abused her and several other woman, behind bars by rallying in front of state leaders for Mary Bella's Law, which will close a loophole allowing violent offenders to walk free.
A federal grand jury indicted a Ventura man for allegedly repairing helicopters with parts approaching the end of their lifespan, making the aircraft more likely to fail.
A Pasadena church handed out free prom and graduation dresses to students affected by the Eaton Fire.
Samuel Helenius scored twice, David Rittich made 28 saves, and the Los Angeles Kings spoiled the Seattle Kraken's home finale with a 6-5 victory.
The crash was reported at around 12:15 p.m. at Railroad Canyon Road and Church Street, according to the Riverside County Sheriff's Office.
A California woman is continuing her fight to keep her uncle, who violently sexually abused her and several other woman, behind bars by rallying in front of state leaders for Mary Bella's Law, which will close a loophole allowing violent offenders to walk free.
A federal grand jury indicted a Ventura man for allegedly repairing helicopters with parts approaching the end of their lifespan, making the aircraft more likely to fail.
A Pasadena church handed out free prom and graduation dresses to students affected by the Eaton Fire.
The crash was reported at around 12:15 p.m. at Railroad Canyon Road and Church Street, according to the Riverside County Sheriff's Office.
The deadline to opt in or out of the Army Corps of Engineers' free wildfire debris removal program ends Tuesday.
A Pasadena church handed out free prom and graduation dresses to students affected by the Eaton Fire.
The preliminary round of soil testing showed that lead levels exceeded state and federal guidelines.
Despite being born with one hand, Justin McFadden's baseball journey continues at the University of La Verne, where he sports a 91-mph fastball and dreams of becoming the next Jim Abbott.
LA County deputies said the suspect stole hundreds of pounds of copper, metal wiring and piping.
Altadena neighbors are outraged after their water bills skyrocketed despite being displaced since the Eaton Fire.
More than 50 pelicans are currently under the care of the Wetlands and Wildlife Care Center in Huntington Beach, officials say.
Southern California typically experiences more than 10,000 earthquakes per year, according to the United States Geological Survey. Most of those aren't powerful enough to be felt in a large radius, unlike today's 5.2 magnitude quake in northern San Diego County.
The man, a resident of Calgary, Alberta, was arrested on suspicion of public nudity, trespassing and being under the influence of narcotics.
The crash happened at around 10:50 p.m. in the 600 block of W. Commonwealth Avenue, according to the Fullerton Police Department.
The whale could be seen near the Huntington Beach Pier on Saturday afternoon.
A California woman is continuing her fight to keep her uncle, who violently sexually abused her and several other woman, behind bars by rallying in front of state leaders for Mary Bella's Law, which will close a loophole allowing violent offenders to walk free.
The crash was reported at around 12:15 p.m. at Railroad Canyon Road and Church Street, according to the Riverside County Sheriff's Office.
The Riverside County Board of Supervisors on Tuesday approved Sheriff Chad Bianco's proposal to turn an aircraft hangar at March Air Reserve Base into a permanent place of operation for the sheriff's department.
The San Jacinto man was allegedly driving over 100 mph before he crashed into a semi-truck on the 91 Freeway late Saturday evening. The truck veered into a wall, ejecting the driver from the cabin.
Ontario residents are bringing attention to an issue caused by drivers using their neighborhood streets as a detour from freeway traffic.
A Southern California lawmaker is calling for a state audit of LAUSD after a lawsuit claims it defrauded taxpayers of millions of dollars in funding.
A Southern California lawmaker is calling for a state audit of LAUSD after a lawsuit claims it defrauded taxpayers of millions of dollars in funding.
An investigation has found that hundreds of fire hydrants spanning throughout Los Angeles may be in need of repair despite being flagged by firefighters for maintenance as far back as a year ago. Ross Palombo reports.
A KCAL News investigation has found a troubling connection between the county's homeless population and a growing amount of fire-related incidents in recent years.
A KCAL News investigation found more than 1,300 fire hydrants need maintenance across LA. Ross Palombo reports.
The Minnesota Wild clinched a spot in the playoffs in dramatic fashion when Joel Eriksson Ek scored the tying goal with 20.9 seconds left in regulation.
Wink Martindale, the host of hit game shows "Gambit" and "Tic-Tac-Dough," has died. He was 91.
A video shows the older elephants — Ndlula, Umngani and Khosi — scramble to encircle and shield the two 7-year-old calves, Zuli and Mkhaya, from any possible threats.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
"CBS Mornings" co-host Gayle King describes the peace and perspective of her roughly 10-minute spaceflight.
A California woman is continuing her fight to keep her uncle, who violently sexually abused her and several other woman, behind bars by rallying in front of state leaders for Mary Bella's Law, which will close a loophole allowing violent offenders to walk free.
Newsom reports that Canadian tourism in California is down 12% compared to a year ago.
The move will ensure coverage through June for 15 million people, including immigrants, who receive health care via the program.
The family of Lyle and Erik Menendez are blaming Los Angeles County District Attorney Nathan Hochman as their aunt was hospitalized after seeing graphic crime scene images during a court session on Friday.
Sen. Bernie Sanders, who had a rally earlier in Los Angeles, urged young people to "stand up and fight" at the music festival.
Lawmakers in California are expected to consider a bill that would allow cities to designate so-called "hospitality zones" where bars and restaurants can serve alcohol until 4 a.m.
A proposal brought on by Northern California lawmaker is seeking to improve the process of cleaning up abandoned shopping carts in the state, which are often a source of blight on streets and waterways.
Grocery giant Albertsons will pay nearly $4 million to settle a lawsuit accusing it of overcharging customers at hundreds of Albertsons, Safeway and Vons supermarkets.
A federal judge has blocked a new California law allowing any person to sue for damages over election deepfakes.
Californians with iPhones and Apple Watches will now be able to store digital versions of their driver's licenses and identification cards on their devices, state officials announced.
The move will ensure coverage through June for 15 million people, including immigrants, who receive health care via the program.
A spokesperson for UMC Health System in Lubbock, Texas, said that the child was "receiving treatment for complications of measles while hospitalized" and was not vaccinated.
For the first time in seven years Riverside County health officials have confirmed a case of measles in a resident.
A Michigan resident died of rabies after an organ transplant in Ohio, health officials say.
Pope Francis had a peaceful night with no crises after a bronchial crisis prompted a worsening of his health.
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could impact insurance rates for millions of Californians.
Lawmakers in California are expected to consider a bill that would allow cities to designate so-called "hospitality zones" where bars and restaurants can serve alcohol until 4 a.m.
Fifty women business owners impacted by the Eaton Fire will receive recovery grants of up to $25,000 from Paris Hilton's nonprofit 11:11 Media Impact and GoFundMe.
After winning the World Series and his third league MVP award, the Los Angeles Dodgers star now has the world's most popular Major League Baseball jersey.
The iconic Sundance Film Festival will be moving from Park City, Utah to Boulder, Colorado, starting in 2027, the festival and the Colorado Governor's Office announced on Thursday.
Samuel Helenius scored twice, David Rittich made 28 saves, and the Los Angeles Kings spoiled the Seattle Kraken's home finale with a 6-5 victory.
Will Smith hit a three-run homer and the Los Angeles Dodgers beat the Colorado Rockies 6-2 to snap their streak of three straight series losses.
The Minnesota Wild clinched a spot in the playoffs in dramatic fashion when Joel Eriksson Ek scored the tying goal with 20.9 seconds left in regulation.
Tyler Mahle struck out nine over six innings and the Texas Rangers snapped a three-game losing streak with a 4-0 win over the Angels.
Despite being born with one hand, Justin McFadden's baseball journey continues at the University of La Verne, where he sports a 91-mph fastball and dreams of becoming the next Jim Abbott.
Wink Martindale, the host of hit game shows "Gambit" and "Tic-Tac-Dough," has died. He was 91.
The family of Lyle and Erik Menendez are blaming Los Angeles County District Attorney Nathan Hochman as their aunt was hospitalized after seeing graphic crime scene images during a court session on Friday.
"Grey's Anatomy" and "Euphoria" star Eric Dane said he is still able to work and will return to the HBO drama.
Sticking true to James' style and likeness, his Ken doll is an inch taller and comes in larger packaging than the standard doll.
During a TMZ/Fox interview from behind bars, the Menendez brothers said they still believe they'll see freedom one day despite a series of recent legal setbacks.
In this episode of "Look At This!," Desmond Shaw takes us to the (W)rapper Tower in Baldwin Hills.
A federal grand jury indicted a Ventura man for allegedly repairing helicopters with parts approaching the end of their lifespan, making the aircraft more likely to fail. Mike Rogers reports.
Laurie Perez speaks with the Riverside County Sheriff's Office Aviation unit that jumped into action and saved a hiker who had slipped down a cliffside on the Pacific Crest Trail and needed rescuing.
Nicole Comstock speaks to the women rallying for SB 286, otherwise known as Mary Bella's Law, which aims to end a state law which allows violent sex offenders to be released on parole once they reach a certain age and have served a certain amount of time.
Alys Martinez highlights the medical history made by Ventura County firefighters, who performed California's first pre-hospital blood transfusion.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
KCAL News Anchor and three-time Emmy award-winning journalist Chauncy Glover has died.
Los Angeles comes out to celebrate the Boys in Blue two days after winning the 2024 World Series.
The Los Angeles Dodgers are World Series champions after defeating the New York Yankees in game 5.
