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.
Watch CBS News
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.
The Road Commission for Oakland County says it was expecting snow on Wednesday, but it wasn't expecting it to snow nonstop all afternoon and evening.
A contractor was hospitalized after they were hurt in a work incident at the General Motors Technical Center in Warren, Michigan.
With snow hitting Southeast Michigan on Wednesday, Jan. 14, several schools are issuing closures for Thursday.
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.
Curious what's on display by the big three automakers? This year's setup is top-notch.
With snow hitting Southeast Michigan on Wednesday, Jan. 14, several schools are issuing closures for Thursday.
The Road Commission for Oakland County says it was expecting snow on Wednesday, but it wasn't expecting it to snow nonstop all afternoon and evening.
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.
Michigan Sen_ Elissa Slotkin has been notified that the Trump administration is investigating her after she organized and appeared in a video with other Democrats urging military service members to resist "illegal orders.".
A contractor was hospitalized after they were hurt in a work incident at the General Motors Technical Center in Warren, Michigan.
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.
Curious what's on display by the big three automakers? This year's setup is top-notch.
Thousands of people are excited to come down to see all of the cars at the Detroit Auto Show. Many of those vehicles have taken a long and historic route to get here.
Ford Motor Company announced a new multi-year partnership with Carhartt that will launch a Super Duty special edition truck and a community initiative to attract more skilled tradespeople.
A United Auto Workers union member who was involved in a heated exchange with President Trump on Tuesday in Michigan has been suspended by Ford, a UAW representative confirmed to CBS News Detroit.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.
A Verizon spokesperson told CBS News that an outage that customers reported beginning around noon Eastern Time had been resolved.
Michigan Sen. Elissa Slotkin says the Trump administration is investigating her over a video urging military service members to "resist illegal orders."
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
A United Auto Workers union member who was involved in a heated exchange with President Trump on Tuesday in Michigan has been suspended by Ford, a UAW representative confirmed to CBS News Detroit.
The U.S. House of Representatives approved Thursday a three-year extension of subsidies for the Affordable Care Act.
Michigan health officials say only 23% of Michigan residents have received this year's influenza vaccine.
The CDC took six previously routine vaccinations off its recommendation list, but Michigan health officials suggest parents consider those immunizations anyway.
Eligible Detroit families will receive $1,500 during pregnancy, along with $500 per month for six months, for a total of $4,500 through Rx Kids.
FDA-approved semaglutide drug is the first GLP-1 pill for weight loss available in the U.S., according to drugmaker Novo Nordisk.
Jeremy Swayman stopped 24 shots for his first shutout of the season, and the Boston Bruins beat the Detroit Red Wings 3-0 on Tuesday night.
The Detroit Red Wings retired Sergei Fedorov's No. 91 jersey, honoring the Russian great more than a decade after he was inducted into the Hockey Hall of Fame.
Andrew Copp scored at 3:27 of overtime, lifting the Detroit Red Wings to a 4-3 win over the Carolina Hurricanes on Monday night.
Lions' Kelvin Sheppard is expected to interview for the Dolphins head coaching job after serving one season as defensive coordinator, a source told CBS News Detroit.
Adrian College's Alex Weaver beat out 117 other competitors to win the college singles cornhole national championship on Jan. 2.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The focus is on health, as Dusty Mysen, a father of four from Oxford, diagnosed with pancreatic cancer several years ago, who underwent aggressive therapy, is now cancer-free five years later.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
With one in eight adults at risk for kidney disease, Dr. Silas Norman, a University of Michigan doctor specializing in kidney health, and Sandy Baruah, President and CEO of Detroit Regional Chamber, appear on Michigan Matters.
The state of Michigan can do better when it comes to raising the bar on K-12 public education.
Officials say an ICE officer shot a man in the leg on Wednesday after a shovel attack. The shooting comes exactly one week after an ICE officer shot and killed 37-year-old Renee Good.
Wednesday's heavy snowfall came as a surprise as many people, including road crews, did not expect the amount.
Southeast Michigan was hit on Wednesday with heavy snowfall, but it was unexpected. So what happened? Chief meteorologist Ahmad Bajjey explains.
For the second time this season, the Detroit Pistons have at least a four-day break between games.
A United Auto Workers union member says he is worried about his job after he was suspended by Ford for his interaction with President Trump on Tuesday.