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.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
California Gov. Gavin Newsom sent a message directed at world leaders on Friday in an attempt to blunt the retaliatory tariffs expected after the Trump administration's "Liberation Day" plans.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
President Trump's 25% tariffs on all foreign-made vehicles and parts could lead to significant price hikes on cars. On Your Side's Kristine Lazar talks to Jessica Caldwell with car-buying website Edmunds about the potential impact.
Trump officials remain on course to hit Canada and Mexico with 25% tariffs on March 4, with a wave of other levies ready to roll.
President Trump also says he'll announce "reciprocal tariffs" on Tuesday or Wednesday.
President Trump has repeatedly suggested Canada would be better off if it agreed to become the 51st U.S. state.
Proposed 25% U.S. tariffs on Canada and Mexico could lead to a sharp increase in vehicle prices, auto industry executives and analysts say.
Canadian Prime Minister Justin Trudeau announced that Canada would respond with 25% tariffs "against $155 billion worth of American goods."
China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust probe into Google and other trade measures.
Dow Jones Industrial Average tumbles amid fears of trade war that could crimp profits and hurt U.S. consumers.
President Trump is pausing tariffs targeting imports from Mexico and Canada for a month after the two countries agreed to beef up border security.
The White House levied new import duties on its three closest trading partners.
President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
A rare celestial event will be taking place in the sky above California on Saturday night, as six planets are expected to be visible in what is being called a "planetary parade."
The shooting took place around 2:10 a.m. Saturday.
Americans weighed in on how long a conflict with Iran might last and what Congress should do.
The intersection of La Cienega and Wilshire boulevards was closed around midnight and remained closed as of 7:20 a.m. Saturday.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
The U.S. and Israel attacked Iran, which responded with retaliatory strikes on U.S. bases in the region.
The shooting took place around 2:10 a.m. Saturday.
Americans weighed in on how long a conflict with Iran might last and what Congress should do.
A rare celestial event will be taking place in the sky above California on Saturday night, as six planets are expected to be visible in what is being called a "planetary parade."
The intersection of La Cienega and Wilshire boulevards was closed around midnight and remained closed as of 7:20 a.m. Saturday.
The Los Angeles Police Department was in pursuit of a stolen vehicle in the San Fernando Valley.
The mother of two boys, who was seven months pregnant, was biking with her family when a driver crashed into her.
On Saturday, a downtown Los Angeles church has invited everyone to join the memorial service for a Skid Row homeless activist known to many as "Ms. Shirley."
A family is mourning the loss of their 12-year-old daughter after she was struck in the head with a metal water bottle during an apparent bullying incident at her school.
Los Angeles prosecutors said the teacher had allegedly molested several female students and possessed child sexual abuse material.
The Big Bear bald eagles have another clutch of eggs after losing their initial set earlier this season.
Rudy Martinez's family is demanding justice, saying their 36-year-old relative was shot and killed by an Anaheim police officer.
The National Guard's Weapons of Mass Destruction Civil Support Team works with local agencies during hazardous material investigations.
Police were called to the home for reports of "suspicious circumstances" by the property's landlord. They later handed the investigation over to FBI officials, who have been at the home since Monday.
The Santa Ana Police Department booked the inmate into the Theo Lacy Facility on Feb. 19 for vehicle theft, receiving a stolen vehicle and obstructing or resisting a peace officer.
The Big Bear bald eagles have another clutch of eggs after losing their initial set earlier this season.
Emotions ran high at a special meeting in Moreno Valley as city leaders addressed why it red-tagged and closed a local mall.
More than 20 years after a 27-year-old Indio man was fatally shot when leaving a party in La Quinta, Riverside County detectives have reopened the cold case to try finding his killer.
Documents from Moreno Valley's city attorney showed that the unresolved violations date back to at least March 2025.
San Bernardino police have shared information on a homicide suspect who is wanted in connection with a shooting that left a single mother dead in early February.
Americans weighed in on how long a conflict with Iran might last and what Congress should do.
Some of the changes mirror Scouting America's suggestions to the Department of Justice, including discontinuing its Citizenship in Society merit badge.
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Starting next week, parents will get an alert if their teen repeatedly searches for certain terms related to self-harm or suicide in a short time span.
Americans weighed in on how long a conflict with Iran might last and what Congress should do.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
The U.S. and Israel attacked Iran, which responded with retaliatory strikes on U.S. bases in the region.
Some of the changes mirror Scouting America's suggestions to the Department of Justice, including discontinuing its Citizenship in Society merit badge.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Riverside County health officials have reported the second and third measles cases of the year, which they say could be connected to the county's first case that was reported last week.
Health officials say that an unvaccinated minor visited the Walmart Supercenter in Ontario on Jan. 29.
Health officials said that the traveler arrived at LAX's Tom Bradley International Airport Terminal on a Viva Aerobus Flight on Jan. 26.
Orange County health officials have confirmed their second measles case of 2026 in an international traveler who arrived in California at Los Angeles International Airport before visiting Disneyland and California Adventure last week.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
Pavel Dorofeyev had two goals and the Vegas Golden Knights spoiled Artemi Panarin's Los Angeles debut by scoring five third-period goals to rally for a 6-4 win over the Kings.
Joel Quenneville became the second coach in NHL history to win 1,000 games with the Anaheim Ducks' 6-5 comeback victory over the Edmonton Oilers.
Kiyomi McMiller scored a career-high 40 points on Wednesday night to lead the Penn State Lady Lions past the USC Trojans, 85-82, on their senior night.
High-scoring forward Denis Bouanga has agreed to a multiyear contract extension with Los Angeles FC.
Donovan Dent led UCLA past Southern California 81-62 with a season-high 30 points.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
The intersection of Crenshaw Boulevard and Slauson Avenue in Los Angeles will officially become Nipsey Hussle Square on Saturday. Alys Martinez reports.
Runway for Recovery is the annual Runway Show that celebrates those who are fighting, remembers those who have passed, and inspires us to support those who have been impacted by breast cancer. Show founder Olivia Boger and model Michelle Gallegos join CBS LA.
It feels like summer in Southern California on the last day of February. Chloe Carlson reports.
After speeding through streets in Sherman Oaks and Studio City, the driver suddenly pulled over to the side of the road. After stopping, three people put their hands outside of the car's windows as officers arrived.
The skier said she was joking around with her sister when she slipped below the safety bar. Hunter Sowards reports.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
