Stocks slump Monday after Trump threatens new tariffs on certain countries
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
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Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Wall Street experts break down what's behind the market rebound as S&P 500 and Nasdaq approach record highs.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
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.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Colorectal cancer is the second leading cause of cancer death in the United States, but it doesn't get the attention or funding that other types do.
Since Juneteenth gained formal recognition in 2021 as a national U.S. holiday, all non-essential federal offices close in observance.
Wall Street was betting on a red wave in the midterm elections Tuesday. But so far it appears that didn't happen.
Recession worries continue to haunt Wall Street. A key indicator in the bond market is flashing signs of a potential downturn.
So what's the latest and greatest in the ever more wonderful, wild and weird world of science and technology? Well, here ya go, my friends, to get you all ready for the weekend...
Perrigo Co. (Nasdaq: PRGO) Thursday announced that it is transferring the listing of its U.S. traded common stock to the New York Stock Exchange from the Nasdaq Global Select Market.
Azure Dynamics Corp., the Oak Park electric and hybrid truck powertrain developer, said it would hold a special meeting of its shareholders Aug. 19 to ask shareholder approval of a consolidation of its shares in order for Azure to pursue a dual listing on a United States stock exchange such as the Nasdaq Global Market.
A series of drone incursions into countries neighboring Ukraine and Russia is fueling concern that their four-and-a-half year war could spread.
Family and friends said their final goodbyes to Nicholos Hatcher over the weekend. The 34-year-old was stabbed to death in Livonia, Michigan, on May 28.
A 39-year-old man is dead after a motorcycle crash on a race track at Grattan Raceway in Kent County, Michigan, on Sunday afternoon, the sheriff's office said.
Denny Hamlin went from the rear to first again Sunday, winning at Michigan International Speedway to earn his second consecutive NASCAR Cup Series victory from the pole position.
The NEXT Weather Team is tracking Florida-like humidity and some storm chances for Southeast Michigan this week.
The NEXT Weather Team is tracking Florida-like humidity and some storm chances for Southeast Michigan this week.
Officials are investigating after they said a Bloomfield Township, Michigan, police officer was injured in a rollover crash in the community on Sunday afternoon.
Cpl. George F. Sepsey, who grew up in Croswell, Michigan, is set to be laid to rest over 83 years after he went missing during a World War II battle in Papua New Guinea.
Family and friends said their final goodbyes to Nicholos Hatcher over the weekend. The 34-year-old was stabbed to death in Livonia, Michigan, on May 28.
A series of drone incursions into countries neighboring Ukraine and Russia is fueling concern that their four-and-a-half year war could spread.
American Axle, which is headquartered in Detroit, is a Tier 1 supplier to General Motors. UAW members have launched a strike at its Three Rivers site.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
Stephen Colbert, former host of "The Late Show," is helping raise money for the Michigan nonprofit Monroe Community Media after appearing on a broadcast of the organization's community access program "Only in Monroe" earlier this month.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
For three days, Detroit is the epicenter of techno music with this Memorial Day weekend tradition, and the music lovers made sure to attend the final day of the Movement Festival on Monday.
The lawsuit calls the event "deeply corrupt" and argues that it seeks to enrich the president and his allies and lacks proper authorization.
With the unemployment rate for young workers about twice as high as the national average, "Sunday Morning" talks with recent graduates from across the country about how AI is affecting both their prospects and the hiring process itself.
Police in Toledo, Ohio, reported that there were believed to be at least two shooters. No suspects have been arrested.
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
Department of Homeland Security Secretary Markwayne Mullin says his agency is prepared to facilitate trade and travel at the Gordie Howe International Bridge.
Now out of the hospital, Tavaun Clark says he's focused on recovering and getting back to what he loves most, playing football this summer.
According to the U.S. Attorney's Office, the two people are accused of providing federal authorities with false statements after arriving at the McNamara Terminal on Jan. 25, 2026.
West Nile virus has been detected among mosquitoes in two locations near Grand Rapids, the Kent County Health Department said.
A Northville dentist is facing 43 felony charges in an alleged Medicaid fraud scheme.
Michigan lawmakers are considering bills to allow doctors to prescribe life-ending medication to terminally ill patients.
Denny Hamlin went from the rear to first again Sunday, winning at Michigan International Speedway to earn his second consecutive NASCAR Cup Series victory from the pole position.
Kevin McGonigle homered in the fourth inning and hit a two-run single off All-Star closer Andrés Muñoz with two outs in the bottom of the ninth that gave the Detroit Tigers a 5-4 victory over the Seattle Mariners.
Detroit Tigers ace Tarik Skubal pitched five scoreless innings Sunday in the two-time Cy Young Award winner's first minor league rehabilitation appearance since undergoing elbow surgery last month.
In his fourth major final, Alexander Zverev beat Flavio Cobolli 6-1, 4-6, 6-4, 6-7 (5), 6-1 for the French Open title on Sunday.
Carson Hocevar used to regularly attend Cup races at Michigan International Speedway as a fan, hoping to see a victory by his favorite driver, Dale Earnhardt Jr. Now the Spire Motorsports driver can inspire the next generation as a home state favorite on the 2-mile oval.
Four leaders appear in one-on-one conversations on CBS Detroit's Michigan Matters this Sunday to discuss their political futures and the road ahead in the 2026 midterms.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Good morning, Family! Looking at another warm, sunny day to kick off the workweek, with temps around 88°. Tracking hotter temps moving in midweek Wednesday and Thursday, highs in the 90's with a heat index 100°. Strong storms possible Thursday with our next weather maker moving in.
An estimated 65,000 people were in downtown Detroit on Sunday for the Motor City Pride Parade. CBS News Detroit's Veronica Ortega was there.
A celebration of life was held in Detroit on Sunday for Nick Hatcher, a 34-year-old man who was fatally stabbed last month after his backpack was allegedly stolen. Latonia Enlich, Hatcher's aunt, says he was a family man.
Police in Toledo, Ohio, are hoping photos and video will lead them to finding the suspects in a mass shooting that took place near a festival on Saturday evening.
A Bloomfield Township police officer is recovering after a crash that involved a patrol vehicle rolling on Sunday afternoon, officials said.