Stock market rout deepens as Dow plunges more than 2,200 points
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
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Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The across-the-board 10 percent tariffs apply to a wide range of imported materials and goods.
New tariffs enacted by the Trump administration this week are already causing concern in South Florida, where businesses in the restaurant and construction industries say rising costs on imported goods could soon be passed on to customers.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
PortMiami is recognized as the Global Gateway of the Americas, it trades with over 140 nations.
Morgan Rynor reports one customs broker said he's already seen the cancellation of some orders.
Morgan Rynor reports one customs broker said he's already seen the cancellation of some orders.
America's global trading partners are bristling at President Trump's tariff tactics, but many also stress a desire to strike new deals with the U.S.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Dr. Albert Williams, chair of finance and economics at Nova Southeastern University, businesses that sell imported products may not pass along the full amount of the higher costs to customers.
President Trump signed an executive order placing "reciprocal tariffs" on imports from foreign countries.
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."
President Trump announced new reciprocal tariffs on Wednesday, which he dubbed "Liberation Day."
CBS News Miami's Jim DeFede on tariffs and the possible political risks.
Here's what to know about tariffs ahead of President Trump's plans to announce new import duties on April 2.
Many Americans and business owners in America are concerned about the proposed tariffs from President Trump.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
These automakers are the most and least exposed to President Trump's sweeping tariffs on automobiles.
Natalie Brand reports the new tariffs, which take effect this week, include a 25% import tax on most foreign made vehicles and auto parts.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
A new CBS News poll finds that a majority of Americans are concerned the tariffs could raise prices.
Airlines are seeing lower demand from Canadians looking to travel to the U.S. amid a brewing U.S.-Canada trade war.
The vote followed a debate among commissioners about whether settling the case was appropriate.
The hot topics during the FIU Cuban Research Institute's conference were the deadly boat attack on the island's waters, plus the U.S.'s decision to sell Venezuelan oil to Cuba's private sector.
At least one U.S. citizen was also among the six who were wounded and arrested by Cuban authorities, a U.S. official said.
A boat reported stolen in the Florida Keys may be tied to a deadly armed confrontation in Cuban waters that left four people dead, authorities said.
Struggling pizza chain Papa John's said it will close 200 restaurants this year and another 100 by the end of 2027.
The vote followed a debate among commissioners about whether settling the case was appropriate.
The hot topics during the FIU Cuban Research Institute's conference were the deadly boat attack on the island's waters, plus the U.S.'s decision to sell Venezuelan oil to Cuba's private sector.
At least one U.S. citizen was also among the six who were wounded and arrested by Cuban authorities, a U.S. official said.
A boat reported stolen in the Florida Keys may be tied to a deadly armed confrontation in Cuban waters that left four people dead, authorities said.
Struggling pizza chain Papa John's said it will close 200 restaurants this year and another 100 by the end of 2027.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
At least one U.S. citizen was also among the six who were wounded and arrested by Cuban authorities, a U.S. official said.
U.S. District Judge Richard Leon ruled Thursday that the legal challenge brought by a preservationist group failed because the White House is not a government agency.
Trump says he won't let Iran to build a nuclear weapon, and Iran says it doesn't intend to, but as talks resume, experts see war as more likely than a deal.
Former Secretary of State Hillary Clinton said in her opening statement before the House Oversight Committee that she had no knowledge of Jeffrey Epstein's crimes.
A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Any change to the property tax system would have to be approved by voters in November, and it seemed unlikely the House plan was going to be approved by the Senate.
Alyssa Alhadeff and Alex Schachter were murdered eight years ago at Marjory Stoneman Douglas High School. Now, their parents are championing legislation to ensure that the tragedy never happens again.
As the partial government shutdown gets underway, Moskowitz argued that ICE should be reformed.
Alexander Vindman spoke to CBS Miami's Jim DeFede on Sunday's Facing South Florida now that he is running for U.S. Senate in Florida.
The bill by State Rep. David Borrero would order a study on moving Miami-Dade's Urban Development Boundary (UDB) line and eliminating longstanding safeguards designed to protect the Everglades, requiring any project outside the UDB to receive a two-thirds vote of the County Commission.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
In a new study that could have significant implications for future Alzheimer's treatment, researchers at the University of Miami have successfully figured out how to combat one of the early signs of the neurodegenerative disease.
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
Jimmy Carter made eradicating the Guinea worm a top mission of The Carter Center. Now it could soon become the second disease eradicated in history.
The House's Health Care Facilities & Systems Subcommittee approved the bill which also changes multiple laws and restrictions involving nursing homes, dental hygienists, and registered nurses.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Food festivals are changing, and social media is playing a huge part in it, with the SOBE Wine and Food Festival this year showcasing the impact.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"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.