Wall Street continues to swing as China raises tariffs on U.S. goods
President Trump undergoes his annual physical Friday, but it's the future health of the economy that some analysts are worried about. CBS News' Natalie Brand reports.
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President Trump undergoes his annual physical Friday, but it's the future health of the economy that some analysts are worried about. CBS News' Natalie Brand reports.
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
Dow, S&P and Nasdaq futures were all in the black, though slightly, even though China announced it was raising its tariffs on U.S. goods again, escalating their trade war.
President Trump says his administration is going to work out trade deals with the countries which have approached him after he announced a sweeping tariffs package last week. This comes as his budget deal, which includes both spending cuts and tax cuts, is now one step closer to becoming law. Erica Brown reports from the White House.
Ben McMillan, Chief Investment Officer at IDX Advisors joins CBS New York to breakdown the U.S. and China tariffs and if a trade war could be brewing.
The president issued a 90-day pause on the tariffs for most countries, except China. But as CBS News' Natalie Brand reports, Beijing has signaled a willingness to talk.
Although China is one of the United State's biggest trading partners, President Trump leveled 125% tariffs on the country, despite pausing them for others. Now with China imposing retaliatory tariffs, what kind of impact could this have on the economy? Bankrate Financial Analyst, Mark Hamrick, breaks down the ongoing trade war.
Investors on overseas financial markets welcomed President Trump's decision to put most of his his sharp tariff hikes on hold for 90 days.
President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.
The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
For more on the ever-changing tariff situation, we hear from Cris Deritis, deputy chief economist at Moody's.
The president is expected to meet with his cabinet Thursday, one day after he hit the pause button on most of his global tariffs. CBS News New York's Christina Fan has the latest on the market response.
President Trump put his sweeping tariffs on pause Wednesday for most countries but is escalating his battle with China. CBS News New York's Dick Brennan has reaction from people who want to avoid paying the price.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
President Trump's decision to put some tariffs on pause may have sent the stock markets soaring, but area lawmakers say it's only a temporary reprieve.
The Dow, the S&P 500, and the NASDAQ all closed in the green Wednesday, but everyday New Yorkers are still worried about what volatile markets will mean for their futures. CBS News New York's Marcia Kramer reports.
Mr. Trump said he is also lowering of the reciprocal tariff rate to 10%, effective immediately. However, he said China would not be included. CBS News New York's Dick Brennan reports.
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.
China vowed to "fight to the end" announced it would raise tariffs on American goods to 84% starting Thursday. Natalie Brand reports.
Tech companies across the country are sounding the alarm that President Trump's steep new import tariffs will drive up prices for most major tech products in the coming year. So if you're in the market for the latest electronic is now the time to buy? Consumer Insights Editor for CNET, Dashia Milden, breaks down the latest info and details what products could see price hikes first.
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.
Bankrate financial analyst Mark Hamrick explains what to expect as the tariffs take effect on the stock market.
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.
New York City Police are looking for the man accused of pushing two men onto the subway tracks on the Upper East Side Sunday.
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.
Two IEDs were thrown during protests outside New York City Mayor Zohran Mamdani's residence, Gracie Mansion, on Saturday, the NYPD said.
Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
The preliminary U.S. intelligence assessment suggests that the U.S. is "likely" responsible for the bombing of the girls' school in Iran on Feb. 28.
New York City Police are looking for the man accused of pushing two men onto the subway tracks on the Upper East Side Sunday.
Two IEDs were thrown during protests outside New York City Mayor Zohran Mamdani's residence, Gracie Mansion, on Saturday, the NYPD said.
Hundreds marched along Fifth Avenue in Manhattan on Sunday, calling for liberation in Iran while standing in solidarity with its people.
Major Sorffly Davius, an NYPD officer who was deployed to Kuwait with the U.S. Army National Guard, died Friday after suffering a medical episode.
Virtual reality is helping some veterans on Long Island travel the world again without leaving their nursing home.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
The suspect allegedly used Google Translate to threaten to shoot a cashier at Mi Rinconcito Ecuatoriano in Newark.
Americans coming from the Middle East arrived at JFK Airport on Thursday and said the U.S. evacuation plan after attacking Iran was grossly insufficient.
New Jersey E-ZPass users could soon be able to ditch the tags mounted to their windshields to pay tolls.
Virtual reality is helping some veterans on Long Island travel the world again without leaving their nursing home.
Many of these Long Islanders believe their section of New York's shoreline is shrinking because of the brutal winter.
John Miro, a 70-year-old Long Island crossing guard who was struck by a driver while on the job last week, has died, police confirm.
Middle Country Road in Suffolk County will be getting major improvements, as a portion of it has been on a list of New York's ten deadliest roads for years.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice as part of a high-stakes antitrust trial.
Two IEDs were thrown during protests outside New York City Mayor Zohran Mamdani's residence, Gracie Mansion, on Saturday, the NYPD said.
The preliminary U.S. intelligence assessment suggests that the U.S. is "likely" responsible for the bombing of the girls' school in Iran on Feb. 28.
Hundreds marched along Fifth Avenue in Manhattan on Sunday, calling for liberation in Iran while standing in solidarity with its people.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
New York Attorney General Letitia James' office has ordered NYU Langone Health to resume its Transgender Youth Health Program.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
John Gibson and Cam Talbot combined to make 31 saves, Dominik Shine scored his first NHL goal and the Red Wings beat the Devils 3-0 on Sunday night.
Wiki Carmona scored two goals against his former team after Prince Owusu found the net on a penalty kick and CF Montreal thumped the Red Bulls 3-0 on Sunday.
Luka Doncic had 35 points and eight rebounds, Austin Reaves added 25 points and the Los Angeles Lakers overcame LeBron James' injury absence to grind out a 110-97 victory over the New York Knicks.
Ziaire Williams made two 3-pointers in the final three minutes and the Brooklyn Nets ended a 10-game losing streak by rallying to beat the Detroit Pistons 107-105.
The New Jersey Devils beat the New York Rangers 6-3 on Saturday for their fourth straight win.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
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.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Firefighters were called to a conservation area in Putnam County Sunday morning for a report of a K-9 trapped on a rock.
The first few days of the week are a preview of springs with highs in the 60s and 70s. The next chance of rain will come towards the end of the week with some cooler temperatures. CBS News New York Meteorologist Tony Sadiku has the afternoon forecast.
Ticketmaster's parent company, Live Nation, will pay $280 million in civil penalties to 40 states that sued the company. Ticketmaster must also open technology to allow other ticket sellers to use its platform, sources told CBS News.
Police are looking for the driver of a white box truck who they say slammed into a lift, knocking a 34-year-old workers off the platform. The force of the crash also pushed the lift into a 66-year-old pedestrian, officers said.
Police are looking for the driver of a white box truck who they say slammed into a lift, knocking a 34-year-old workers off the platform. The force of the crash also pushed the lift into a 66-year-old pedestrian, officers said.
