
Stock market whipsaws as Trump makes new China threat
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
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It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
It was a dramatic day for the markets as Wall Street reacted with fear and pessimism to the Trump administration's sweeping tariffs. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns report.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
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.
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
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.
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.
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.
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.
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.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
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.
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.
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.
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.
TXSE Group aims to launch by 2026.
The president said he'll slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
President Trump issued a proclamation March 14 invoking the Alien Enemies Act to deport alleged members of the gang Tren de Aragua.
March Madness came to an end Monday night as the Florida Gators took home the NCAA men's basketball title.
Asian shares and U.S. futures advanced Tuesday markets calmed somewhat after the shocks from President Trump 's tariff hikes.
Astronaut Jonny Kim, son of South Korean immigrants, a former Navy SEAL and Harvard M.D., blasted off with 2 Russian cosmonauts on a flight to the space station for an eight-month stay.
Kennedy's comment comes as the Environmental Protection Agency says it has now launched a new review of fluoride's health effects.
President Trump and Israeli Prime Minister Benjamin Netanyahu met two days before new U.S. tariffs go into effect.
Ryan Routh, the suspect in the second alleged assassination attempt against President Trump, has asked a judge to suppress statements from the eyewitness who identified him to police.
Days of unrelenting heavy rain and storms killed at least 24 people as some rivers rose to near-record levels and towns were inundated across the South and parts of the Midwest.
Wall Street could soon be in the claws of another bear market as economists up the odds of a U.S. recession.
March Madness came to an end Monday night as the Florida Gators took home the NCAA men's basketball title.
Ryan Routh, the suspect in the second alleged assassination attempt against President Trump, has asked a judge to suppress statements from the eyewitness who identified him to police.
Algae with domoic acid is sometimes called red tide, and biologists think runoff from the wildfires and ocean sediment brought up by the wind are feeding the blooms.
Kennedy's comment comes as the Environmental Protection Agency says it has now launched a new review of fluoride's health effects.
Asian shares and U.S. futures advanced Tuesday markets calmed somewhat after the shocks from President Trump 's tariff hikes.
Wall Street could soon be in the claws of another bear market as economists up the odds of a U.S. recession.
President Trump ordered a new review of the bid by Japan's Nippon Steel to buy U.S. Steel.
The likelihood of the U.S. entering a recession has jumped since President Trump announced new tariffs, according to Goldman Sachs economists.
As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."
Kennedy's comment comes as the Environmental Protection Agency says it has now launched a new review of fluoride's health effects.
President Trump issued a proclamation on March 14 invoking the Alien Enemies Act to summarily deport Venezuelan migrants who are allegedly members of the gang Tren de Aragua.
President Trump ordered a new review of the bid by Japan's Nippon Steel to buy U.S. Steel.
Tattoos have been used by the Trump administration to allege Venezuelan men deported from the U.S. are members of the Tren de Aragua gang.
As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."
Kennedy's comment comes as the Environmental Protection Agency says it has now launched a new review of fluoride's health effects.
The redeployment comes after another unvaccinated child died in the measles outbreak in Texas.
As the Trump administration makes cuts to federal health agencies, some Alzheimer's experts are worried about the impact on research and patients with the disease.
Nearly 40% of the people in House Speaker Mike Johnson's district in Louisiana rely on Medicaid.
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.
A 14-year-old American-Palestinian boy was gunned down in the Israeli-occupied West Bank. His father says "it was a field execution."
Secretary of State Marco Rubio said the U.S. decided to revoke all visas for South Sudanese citizens because the country's government failed to accept the return of its citizens being removed from the U.S. in a "timely matter."
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
North Korea has hosted the first Pyongyang International Marathon since sealing its borders during the pandemic, but there were likely no American runners.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Clem Burke joined Blondie in the mid-1970s when he responded to an ad seeking a "Freak energy" drummer.
Ahead of their new album "Bet the Farm," country stars Preston Brust and Chris Lucas join "CBS Mornings Plus" to discuss their latest chart-topping moment and what comes next.
Actor Walton Goggins spoke to "CBS Mornings" about "The White Lotus" season three finale, fan theories and more.
David Foster, the legendary music producer behind hits for Whitney Houston and Celine Dion, joins "CBS Mornings" to discuss his first Broadway musical, inspired by the classic cartoon character Betty Boop.
Actor Walton Goggins talks about the season finale of the hit HBO series "The White Lotus." Season three follows the fate of the guests and staff at a luxury resort in Thailand. Goggins' character, a troubled man in search of answers about his father's mysterious past, is a major part of the finale, which aired Sunday.
TikTok faced a Saturday deadline to find a U.S. buyer or face a potential ban. President Trump announced an extension on Friday. A deal was at the finish line but China pulled back due to Trump's tariff announcement. CBS News White House reporter Willie James Inman has the details.
Nintendo has unveiled its next console, the Switch 2. Washington Post reporter Gene Park joins "The Daily Report" to discuss the new user experience, the price and possible security concerns.
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.
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.
CBS News Confirmed looks at why users are flocking to RedNote, the new Chinese app raising red flags over data privacy and propaganda, as TikTok faces a potential U.S. ban.
Astronaut Jonny Kim, son of South Korean immigrants, a former Navy SEAL and Harvard M.D., blasted off with 2 Russian cosmonauts on a flight to the space station for an eight-month stay.
The northern lights, also known as the aurora borealis, are forecast tonight after they were visible in parts of Washington, Montana and Alaska on Friday.
Researchers studied the DNA of two 7,000-year-old naturally mummified individuals excavated in the Takarkori rock shelter in southwestern Libya.
Primates possess special anatomical structures in their throats called vocal membranes, allowing for yodeling at higher octaves, researchers found.
SpaceX's third all-civilian privately chartered flight was the first to carry a crew into polar orbit.
Opening statements began Monday in the trial of a woman facing charges in the death of her fourth husband. Lori Vallow Daybell, who has already been convicted of killing two of her children in a separate trial, has pleaded not guilty in this case. CBS News' Andres Gutierrez is in Phoenix, Arizona, with more.
The Korea Coast Guard said they had found two tons of what they suspect to be pure cocaine on a Norwegian-flagged ship.
Comedian and actor Russell Brand has been charged in the U.K. with several counts related to rape and sexual assault allegations, London's Metropolitan Police announced. This comes after claims by four women emerged in 2023. CBS News' Holly Williams reports.
British actor and comedian Russell Brand has been charged with multiple counts of rape and sexual assault, London police said.
Arul Carasala was shot and killed by a man who approached him at his parish rectory in Seneca, Kansas, church officials said.
Astronaut Jonny Kim, son of South Korean immigrants, a former Navy SEAL and Harvard M.D., blasted off with 2 Russian cosmonauts on a flight to the space station for an eight-month stay.
A wealthy bitcoin entrepreneur and three other adventurers returned to Earth aboard a SpaceX Crew Dragon capsule after 55 passes above the North and South Poles. CBS News' Bill Harwood has more.
SpaceX's third all-civilian privately chartered flight was the first to carry a crew into polar orbit.
The dust devil was about 210 feet wide, NASA said, but likely didn't last long after consuming the smaller whirlwind.
Former NASA astronaut Peggy Whitson, who has completed 10 spacewalks and spent 675 days in orbit, joins "CBS Mornings" to reflect on her historic career and upcoming induction into the Hall of Fame.
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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 seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
As the Los Angeles area continues to rebuild after January's devastating wildfires, tariffs threaten to hinder the process. Carter Evans reports on how the new duties could slow building and increase the costs.
The trade war is making business at JaZams toy store anything but fun and games. To get ahead of tariffs, owners Joanne Farrugia and Dean Smith dipped into their cash savings, spending $400,000 to stockpile toys and books. Nancy Chen reports.
The Supreme Court on Monday lifted a federal judge's order that blocked the Trump administration from using a centuries-old wartime law called the Alien Enemies Act to deport migrants to El Salvador. CBS News Department of Justice reporter Jake Rosen has the details.
Tariff talk sparks confusion on Wall Street, but Main Street businesses are already struggling. "CBS Evening News" co-anchor John Dickerson explains.
The White House Budget Office says that President Trump would veto a bipartisan Senate bill that limits his authority to impose tariffs, should the legislation pass and get to his desk. CBS News congressional correspondent Nikole Killion reports.