Stocks cap manic week with best performance since November 2023
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
Watch CBS News
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
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.
A Bronx man who says he was violently arrested by the NYPD is now taking legal action.
The Mets snapped their 12-game losing streak Wednesday night, beating the Minnesota Twins 3-2.
D.C. United played the New York Red Bulls to a 4-4 tie on Wednesday night.
Kevin Denkey scored two goals for Cincinnati FC in a 4-4 tie with New York City FC on Wednesday night.
Boston has scored two runs or fewer in six of its last eight games, losing five.
A Bronx man who says he was violently arrested by the NYPD is now taking legal action.
Ticketmaster will be rereleasing tickets for Harry Styles' upcoming concerts in New York City that were originally purchased by scalpers, the company says.
An out-of-service escalator at Jamaica Station in Queens is reviving complaints that date back years.
The head of a housing nonprofit in Harlem was arrested after residents complained over delayed repairs.
Scientists say New York's coastal waters are experiencing some of the most severe threats on record, and they're not just environmental.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Colder weather returns to the New York City area this week with sub-freezing temperatures in the suburbs.
New York City's balmy weather proved to be record-breaking for the date of April 15.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Rutgers University police say a sexual assault happened in Parking Lot 26 on Bartlett Street just after 5 a.m. on Saturday.
The horse captured on incredible body-cam footage last week of an NYPD mounted officer chasing down a suspected purse snatcher was rescued from slaughter off a racetrack.
The pop-up JBJ Soul Kitchen at the Ocean County Library in Toms River, N.J. will shut down at the end of the month.
Scientists say New York's coastal waters are experiencing some of the most severe threats on record, and they're not just environmental.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
A crackdown on gang violence in Nassau County is delivering results with nearly three dozen arrests in the last week, police said.
Rex Heuermann admitted in court earlier this month that he strangled all his victims to death, but his ex-wife Asa Ellerup heard his confession prior to his plea.
Decades after their theft, rare books worth millions were recovered in New York City after being stolen from venture capitalist John Hay Whitney's Long Island home.
Republican Rep. Mike Lawler is asking a judge to kick a Democrat off the ballot in the 17th Congressional District, due to alleged fraud.
New York City Mayor Zohran Mamdani announced thousands of New York City Housing Authority apartments will get upgraded utilities.
New York City Council member Chi Ossé was arrested in Brooklyn Wednesday morning, the NYPD confirmed.
What is New York City doing to keep day cares safe, and how will safety play into the mayor's plans for universal child care across the city?
There are some out there who believe Mayor Mamdani may have been the catalyst for the Mets' current 11-game losing streak.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
The 16th Annual Lustgarten Foundation New York City Walk for Pancreatic Cancer Research was held Sunday in Battery Park City.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Ticketmaster will be rereleasing tickets for Harry Styles' upcoming concerts in New York City that were originally purchased by scalpers, the company says.
The upcoming fashion exhibit at the Metropolitan Museum of Art includes 25 mannequins based on real bodies.
A previously unreleased song is one of many ways Prince is being honored a decade after his death.
Singer-songwriter Gavin DeGraw turned to social media for help reconnecting with a New York City bartender after a memorable performance this week.
New York City Mayor Zohran Mamdani and his wife Rama Duwaji will not attend this year's Met Gala, sources said.
The Mets snapped their 12-game losing streak Wednesday night, beating the Minnesota Twins 3-2.
D.C. United played the New York Red Bulls to a 4-4 tie on Wednesday night.
Kevin Denkey scored two goals for Cincinnati FC in a 4-4 tie with New York City FC on Wednesday night.
Boston has scored two runs or fewer in six of its last eight games, losing five.
New York lost its 12th consecutive game, falling 5-3 to the Twins on Tuesday night.
An out-of-service escalator at Jamaica Station in Queens is reviving complaints that date back years.
The head of a housing nonprofit in Harlem was arrested after residents complained over delayed repairs.
A 2009 New York City law requiring most roll-down security gates to be at least 70% transparent is set to take effect this summer.
Recurring elevator problems are back and worse than ever at one New York City high-rise, according to tenants.
Students at M.S. 407 transform a barren space into a habitat for bees and butterflies, part of a broader city push to expand pollinator-friendly green spaces.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Police have released a sketch of a man wanted for allegedly raping a woman in the Bronx.
Jersey City Police are investigating after two cars caught fire Wednesday night.
Family members confirm a 17-year-old girl was killed in an apartment building fire in the Bronx on Tuesday. CBS News New York's Adi Guajardo reports.
A Bronx man says he felt targeted by the NYPD when he was violently arrested back in January, and he's now taking legal action. CBS News New York's Naveen Dhaliwal reports.
An arrest has been made in the 1993 execution-style murder of a husband and wife in the Bronx.