Stock market futures jump after court halts most Trump's tariffs
Surprise court ruling striking down most of President Trump's tariffs on imports could bolster stocks, according to Wall Street analysts.
Watch CBS News
Surprise court ruling striking down most of President Trump's tariffs on imports could bolster stocks, according to Wall Street analysts.
A new term is popping up on Wall Street called "TACO," which stands for "Trump Always Chickens Out." The President says "it's called negotiation."
The stock market rallied on Tuesday following President Trump's announcement that he would delay a 50% tariff on goods from the European Union. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
The stock market closed in the green on Tuesday after President Trump over the weekend delayed the start of tariffs on the European Union. The president also condemned Russia's Vladimir Putin over the war in Ukraine. CBS News' Ed O'Keefe and Caitlin Huey-Burns have the latest.
Trump's decision to delay the implementation of a 50% tariff on the EU sent stocks skyrocketing Tuesday.
One day after it tumbled more than 800 points, the Dow Jones landed in the red by the tiniest of margins on Thursday. CBS News contributor JD Durkin examines the market.
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
Stocks fell across the board on Wednesday with the Dow Jones plummeting more than 800 points. A spike in treasury yields led to the selloff as investors voiced concerns about the GOP spending bill proposed by President Trump. CBS News contributor Javier David breaks it down.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
The Dow Jones dropped more than 800 points on Wednesday. Paul La Monica, senior writer for Barron's, joins CBS News to examine what's behind the selloff.
The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
President Trump warned Walmart against raising prices on Saturday, telling the nation's biggest retailer and grocer to "eat the tariffs." His post comes two days after Walmart's CEO said prices could rise amid Mr. Trump's trade war with China and other nations. Willie James Inman reports.
U.S. wholesale prices unexpectedly fell in April, marking the largest monthly drop since the start of the pandemic in 2020. CBS News contributor J.D. Durkin has more.
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
Helicopter crashes into river in New York City; Dow tumbles 1,000 points after historic rally
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones dipped on Tuesday, but Big Tech stocks saw gains as CEOs joined President Trump on his trip to Saudi Arabia. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump to sign executive order aimed at revitalizing the coal industry; Scientists claim to successfully revive once extinct Dire wolf.
President Trump holds a call with the acting president of South Korea to discuss a potential tariff deal; In shrinking rural towns, these Texas high schools are teaming up to stay alive.
Stocks rebounding after wild day on Wall Street; Supreme Court lifted a federal judge's order that blocked the Trump administration from using the Alien Enemies Act to deport migrants to El Salvador.
The U.S. and China have agreed to reduce tariffs on each other's imports for 90 days after Trump administration officials held trade talks with their Chinese counterparts in Switzerland over the weekend. CBS News' Kelly O'Grady and Olivia Rinaldi report.
Stocks surged Monday after the U.S. and China announced an agreement that significantly eases tariffs for 90 days. Idrees Kahloon, Washington bureau chief for The Economist, joins "America Decides" to unpack the deal and its economic consequences.
The U.S. and China have agreed on a temporary but significant easing of tariffs as trade talks progress. CBS News MoneyWatch correspondent Kelly O'Grady explains how the markets reacted.
Markets spiked on Monday after the U.S. and China announced an agreement to reduce tariffs for 90 days. CBS News contributor JD Durkin has more.
The Supreme Court is hearing arguments over President Trump's bid to end birthright citizenship, a case that tests one of the cornerstones of his immigration agenda.
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
Trump said Iran gave him the "present" of letting eight oil tankers through the Strait of Hormuz, but the majority of ships making the passage are Iranian, including
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
The Supreme Court is hearing arguments over President Trump's bid to end birthright citizenship, a case that tests one of the cornerstones of his immigration agenda.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
The Supreme Court is hearing arguments over President Trump's bid to end birthright citizenship, a case that tests one of the cornerstones of his immigration agenda.
President Trump is planning to go to the Supreme Court on Wednesday as the justices take up his executive order seeking to end birthright citizenship, a major test of his immigration agenda.
A federal judge directed the Trump administration to restore the legal status of migrants allowed into the U.S. under a now-defunct Biden administration program for asylum-seekers who arrived at the southern border.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Trump said Iran gave him the "present" of letting eight oil tankers through the Strait of Hormuz, but the majority of ships making the passage are Iranian, including
After strangers raised thousands of dollars for a search, the border collie was flown to safety by a pilot who was determined to reunite pet and owner.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
The Soviet-designed military transport turboprop aircraft crashed into a cliff, sources at the scene told state news agencies.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
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.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
Lawyers for the man accused of killing Charlie Kirk are asking to delay a preliminary hearing set for May, arguing the defense team needs time to review ATF analysis they contend "could not" connect a bullet fragment recovered during Kirk's autopsy with the rifle found near the scene of the crime. CBS News legal contributor Jessica Levinson joins to unpack the development.
Tiger Woods had bloodshot eyes, was "sweating profusely" and had "extremely dilated" pupils after a rollover car crash last week, an arrest report shows. CBS News' Shanelle Kaul has the details.
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump signed an executive order to curb access to mail-in voting ahead of the midterm elections. CBS News' Ed O'Keefe reports.
American journalist Shelly Kittleson, who was kidnapped in Iraq, was concerned about her safety before she was taken, one of her editors tells CBS News' Chris Livesay.
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
President Trump is set to address the nation about the Iran war as the world awaits an end to the conflict in the Middle East. CBS News' Weijia Jiang, who spoke to Mr. Trump on Tuesday, reports.
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.