Stocks shift into reverse as Trump rolls out new auto tariffs
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Nasdaq
Stocks jump amid signs Trump could scale back tariffs
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Investors are taking cover as economic concerns grow
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
Stock market kicks off week in the green
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
Stock market slides on mounting fears over U.S. economic growth
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Stock market dips amid tech stock selloff
The U.S. stock market took a significant dip on Friday, fueled by a selloff in tech stocks. CBS News contributor Javier David breaks it down and looks ahead to 2025.
Why are prices still stubbornly high?
The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in line with economists' expectations. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
Albertsons sues Kroger after merger blocked
Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs. Albertsons is also suing the rival grocery chain, claiming Kroger willfully breached the merger agreement. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Analyzing the stock surge after Trump's win
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
Dow finishes at record high after Trump win
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Stocks fall as fears of recession increase
The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means.
Dow, S&P 500 see worst daily loss since 2022
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
What's driving the global market sell-off?
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
Stocks drop following weak July jobs report
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
New Texas-based stock exchange looks to take on Nasdaq, NYSE
TXSE Group aims to launch by 2026.
Dow closes above 40,000 for first time, notching new milestone
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
Why cocoa prices are soaring to record levels
Higher cocoa prices are hitting chocolate lovers' wallets. CBS News reporter Taurean Small explains what's driving the increase, and what chocolate brands are doing to adapt.
Trump Media warns Nasdaq about "potential market manipulation" of its stock
Trump Media & Technology Group sent a letter to Nasdaq warning that so-called "naked" short selling could be impacting its stock.
Why are gold prices suddenly rising?
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
Trump's Truth Social platform shares soar
Shares of former President Donald Trump's Truth Social rose 16% after the first day of trading on the Nasdaq exchange Tuesday. CBS News campaign reporter Jake Rosen has more on the publicly traded company.
Trump's Truth Social soars in first day of trading
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.
Stock market soars to record highs
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.
Dow hits record high as investors cheer Fed outlook on interest rates
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Dow jumps 520 points as investors cheer inflation slowdown
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
Breaking
NYC Mayor Eric Adams corruption case dismissed with prejudice, judge rules
New York City Mayor Eric Adams' historic federal corruption case has been dropped with prejudice, meaning Adams cannot be re-tried on the same charges at a later time
Wisconsin Supreme Court race won by Democrat-backed Susan Crawford
The closely-watched race was the most expensive judicial election in U.S. history.
Trump to announce new tariffs today amid fears of higher prices
President Trump is expected to announce the details of his reciprocal tariffs plan after 4 p.m. at the White House.
Val Kilmer, actor known for "The Doors" and "Tombstone," dies at 65
A unique talent, Val Kilmer was praised as an acting chameleon who took on varied and challenging roles, and the results were often memorable.
Republicans win 2 Florida special elections for House seats
Republican Randy Fine won the House seat formerly held by Mike Waltz, while Republican Jimmy Patronis won the house seat vacated by Matt Gaetz.
23 more women come forward after London PHD student convicted of rapes
London police say convicted serial rapist Zhenhao Zou may have targeted over 50 other women, and almost two dozen have come forward already.
Death, displacement as Israel steps up war to seize "large areas" of Gaza
Israel says its war in Gaza is "expanding to crush and clean the area" of Hamas, but Palestinian civilians are once again being killed and displaced in huge numbers.
Tesla decelerates as its vehicle shipments slid 13% in first quarter
Tesla is seeing softer demand for its electric vehicles amid protests over Elon Musk's government role at DOGE.
Judge orders legal aid restored for unaccompanied migrant children, for now
A federal judge has ordered the Trump administration to temporarily restore legal aid to migrant kids in the U.S. without a parent or guardian.
U.S.
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Breaking
NYC Mayor Eric Adams corruption case dismissed with prejudice, judge rules
New York City Mayor Eric Adams' historic federal corruption case has been dropped with prejudice, meaning Adams cannot be re-tried on the same charges at a later time.
241 passengers, crew sickened with norovirus on luxury cruise ship
U.S. health officials said 224 passengers and 17 crew on board the Cunard cruise ship Queen Mary 2 caught norovirus during a voyage that's still ongoing.
Tesla decelerates as its vehicle shipments slid 13% in first quarter
Tesla is seeing softer demand for its electric vehicles amid protests over Elon Musk's government role at DOGE.
"JFK" director: Reinvestigate assassination at "scene of the crime"
Oliver Stone's "JFK" was nominated for eight Oscars and grossed more than $200 million but was also dogged by questions about its historical accuracy.
Trump to announce new tariffs amid fears of higher prices
President Trump is expected to announce the details of his reciprocal tariffs plan after 4 p.m. at the White House.
MoneyWatch
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Tesla decelerates as its vehicle shipments slid 13% in first quarter
Tesla is seeing softer demand for its electric vehicles amid protests over Elon Musk's government role at DOGE.
Trump to announce new tariffs amid fears of higher prices
President Trump is expected to announce the details of his reciprocal tariffs plan after 4 p.m. at the White House.
Can Trump's trade war with China correct years of imbalance?
As Trump's tariffs push Chinese businesses to seek new markets, one expert says the trade war is likely to get worse before it gets better.
Why experts say you should travel with a carbon monoxide detector
Each year, more than 400 Americans die from unintentional carbon monoxide poisoning. Here's what to know about traveling with a detector.
What are reciprocal tariffs, and why does Trump want to impose them?
President Trump is expected to announce reciprocal tariffs today on a number of other countries. Here's what to know about these import taxes.
Politics
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McMorrow announces bid for U.S. Senate seat being vacated by Peters
State Senator Mallory McMorrow of Royal Oak declares candidacy for 2026 U.S. Senate seat from Michigan.
"JFK" director: Reinvestigate assassination at "scene of the crime"
Oliver Stone's "JFK" was nominated for eight Oscars and grossed more than $200 million but was also dogged by questions about its historical accuracy.
Judge orders legal aid restored for unaccompanied migrant children, for now
A federal judge has ordered the Trump administration to temporarily restore legal aid to migrant kids in the U.S. without a parent or guardian.
Trump to announce new tariffs amid fears of higher prices
President Trump is expected to announce the details of his reciprocal tariffs plan after 4 p.m. at the White House.
FDA lays off bird flu leadership, among steep cuts to senior veterinarians
More than 130 staff were cut from the FDA's Center for Veterinary Medicine, officials said.
HealthWatch
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FDA lays off bird flu leadership, among steep cuts to senior veterinarians
More than 130 staff were cut from the FDA's Center for Veterinary Medicine, officials said.
Why experts say you should travel with a carbon monoxide detector
Each year, more than 400 Americans die from unintentional carbon monoxide poisoning. Here's what to know about traveling with a detector.
How one community is fighting rising syphilis infections
The Navajo Nation has a unique program to fight sexually transmitted infections, including syphilis.
RFK Jr. purges CDC and FDA's public records transparency teams
It is unclear what will happen to hundreds of pending requests for public information as the health agencies slash staff.
HHS sued by 23 states, D.C. over $11 billion in cuts to public health funding
The lawsuit, filed in Rhode Island, calls the HHS cuts to public health grants illegal.
World
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23 more women come forward after London PHD student convicted of rapes
London police say convicted serial rapist Zhenhao Zou may have targeted over 50 other women, and almost two dozen have come forward already.
Death, displacement as Israel steps up war to seize "large areas" of Gaza
Israel says its war in Gaza is "expanding to crush and clean the area" of Hamas, but Palestinian civilians are once again being killed and displaced in huge numbers.
Congo commutes death sentences of 3 Americans convicted in failed coup
Malanga's 21-year-old son Marcel was among the Americans convicted for participating in the coup plot that left six dead
Can Trump's trade war with China correct years of imbalance?
As Trump's tariffs push Chinese businesses to seek new markets, one expert says the trade war is likely to get worse before it gets better.
3-year-old discovers 3,800-year-old treasure on family outing in Israel
A toddler unearthed an ancient treasure dating back to the Middle Bronze Age during a trip to the archaeological site Tel Azekah earlier this month.
Entertainment
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Entertainment
Actor Val Kilmer dies at 65
Hollywood icon Val Kilmer died Tuesday of pneumonia at 65 years old. The actor was known for his roles in movies like "Top Gun," "Batman Forever" and "The Doors." CBS News' Vlad Duthiers looks back on his life and legacy.
Val Kilmer, actor known for "The Doors" and "Tombstone," dies at 65
A unique talent, Val Kilmer was praised as an acting chameleon who took on varied and challenging roles, and the results were often memorable.
Kim Delaney, "NYPD Blue" actress, will not face charges after arrest, DA says
Kim Delaney, an Emmy-winning actor known for her role on "NYPD Blue," will not face criminal charges in connection with her arrest in Marina Del Rey in an alleged domestic dispute over the weekend.
Román Zaragoza on his "Ghosts" character's love life
Actor Román Zaragoza spoke to "CBS Mornings" about hope for his character's struggling love life in the CBS comedy, "Ghosts."
Magician David Kwong on April Fools' Day tips
Magician and puzzle master David Kwong joins "CBS Mornings Plus" to talk about his new children's book, "How to Fool Your Parents," which teaches over two dozen magic tricks, just in time for April Fools' Day.
Technology
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Technology
Growing demand to power AI, cryptocurrency
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
Waltz's Venmo showed his contacts — even after bombshell report on Signal chat
White House chief of staff Susie Wiles was among the contacts listed in Waltz's Venmo account.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Lawsuit against OpenAI over newspaper copyright can proceed, judge rules
Several newspapers have sued OpenAI and Microsoft, seeking to end the practice of using their stories to train artificial intelligence chatbots.
What is Signal, the app used by Trump's team
The Senate Intelligence Committee heard testimony on Tuesday from key players involved in a group chat on the messaging app Signal, in which the U.S.'s highly sensitive plans to bomb Houthi targets in Yemen were discussed inadvertently with a journalist. President Trump said that his administration would investigate the government's use of Signal. CBS News contributor and former CIA official Andrew Boyd has more on what it is and how it's used.
Science
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Science
Astronauts on unexpected 9-month space mission
Originally scheduled for just 8 days aboard the International Space Station, the two astronauts spent over 9 months in orbit due to delays with their Boeing Starliner return. Now back on Earth, they share how they coped, what they missed most, and how the mission unexpectedly became political.
Icelandic volcano erupts, shutting down popular tourist attraction
Authorities in Iceland were forced by a new volcanic eruption to evacuate dozens of homes and shut down the hugely popular Blue Lagoon tourist attraction.
SpaceX's Fram2 launch sends civilian crew into flight around Earth's poles
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
Ancient wasp snatched prey like Venus flytrap, scientists say
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
Millions of bees have died this year: "Worst bee loss in recorded history"
Bees play a key role in the U.S. food supply, and the mass deaths could jeopardize that.
Crime
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23 more women come forward after London PHD student convicted of rapes
London police say convicted serial rapist Zhenhao Zou may have targeted over 50 other women, and almost two dozen have come forward already.
DOJ seeks death penalty in Mangione case
Attorney General Pam Bondi says the Department of Justice will seek the death penalty in the case against Luigi Mangione for the murder of UnitedHealthcare CEO Brian Thompson in New York City. CBS News' Shanelle Kaul reports.
DOJ to seek death penalty against Luigi Mangione, AG Bondi says
AG Pam Bondi directed federal prosecutors to pursue the death penalty against Luigi Mangione, the UnitedHealthcare CEO murder suspect.
Investigation reveals grim details of infamous cartel's operations
One recruit who reportedly survived the Jalisco cartel ranch said those who refused or tried to escape were beaten, tortured and killed.
Karen Read facing new trial for murder
A new trial is underway in the case surrounding Boston police officer John O'Keefe's death. Karen Read, O'Keefe's former girlfriend, is facing second-degree murder and other charges after her first court case ended in a mistrial in 2024. CBS News' Katrina Kaufman has more.
Space
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NASA's SPHEREx space telescope releases its first images
The first images captured by NASA's SPHEREx space telescope showed tens of thousands of stars and galaxies.
Wilmore, Williams on space stay
Butch Wilmore and Suni Williams are sharing more details about their experience in space aboard the International Space Station after their time in Boeing's Starliner capsule. CBS News' Mark Strassmann spoke to the pair about their journey.
Williams and Wilmore reflect on space odyssey
Astronauts Butch Wilmore and Suni Williams addressed the media for the first time Monday since returning to Earth almost two weeks ago. CBS News senior national correspondent Mark Strassmann reports from the Johnson Space Center in Houston, Texas.
NASA astronauts discuss extended space trip
NASA astronauts Sunita "Suni" Williams and Barry "Butch" Wilmore are adjusting to life back on Earth after spending more than nine unplanned months in space. The astronauts discussed their science mission at a news conference on Monday from the agency's Johnson Space Center in Houston. Former NASA astronaut Dr. Tom Marshburn joins CBS News to unpack the pair's comments.
Astronauts who were stuck in space say they'd fly on Boeing's spacecraft again
NASA astronauts Butch Wilmore and Sunita Williams, who were stuck in space for more than nine months, took questions after returning to Earth.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Latest CBS News Videos
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Latest CBS News Videos
World prepares for Trump's tariffs
The United Kingdom and the rest of Europe are bracing for potential tariffs as part of President Trump's highly-anticipated announcement. The move could strain already fragile relations with the U.S. CBS News' Ramy Inocencio has more.
Wife of man mistakenly deported speaks out
In an exclusive interview, the wife of a Maryland migrant spoke to CBS News after the Trump administration admitted to mistakenly deporting the man to a notorious El Salvador prison due to an "administrative error." Kilmar Abrego Garcia received protected immigration status from a judge in 2019, but was part of the controversial deportation flights last month.
Protesters criticize health agency cuts
Mass layoffs began Tuesday at federal health agencies. HHS has defended the downsizing strategy, saying it will eliminate redundancies and save taxpayer money. Critics argue the workforce reductions have already impacted vital programs.
What to expect from Trump's tariffs
From auto makers to construction companies, many industries and their consumers are bracing for President Trump's looming tariffs announcement. CBS News' Weijia Jiang has the latest.
Democrats win Wisconsin judicial race
In the most expensive judicial contest ever, Democratic-backed candidate Susan Crawford won a seat on Wisconsin's Supreme Court, defeating the GOP candidate who had support from President Trump and Elon Musk. Meanwhile, the two Florida House seats that were up for grabs will remain in Republican control, increasing the GOP's narrow majority in the chamber.