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.
Watch CBS News
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Small businesses in the Delaware Valley are worried about price increases on certain products after the latest tariffs by the Trump administration.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
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.
Stocks cratered in the U.S. on Thursday as anxious investors tried to assess the potential economic impact of the latest round of Trump administration tariffs.
The stock market saw massive selloffs Thursday, a day after President Trump announced sweeping tariffs. Philadelphia-based experts say there's no need to panic and share some analysis for those worried about their retirement accounts.
Car dealers in the Philadelphia area say the prices of cars and repairs could go up with the Trump administration's tariffs.
President Donald Trump’s 25% tariff on all imported vehicles went into effect at midnight. And dealers across the Philadelphia area, both imports and domestic, have taken notice.
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.
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."
As President Trump prepares to unveil new tariffs, businesses in the Philadelphia area say their prices could rise.
President Trump plans to announce a new slate of tariffs Wednesday, and business owners in Pennsylvania and New Jersey say the new levies could mean higher prices for consumers in the Philadelphia area.
Philadelphia breweries are bracing for financial strain after President Trump's 25% aluminum tariffs went into effect Wednesday.
Small breweries across Philadelphia are bracing for financial strain as new aluminum tariffs take effect.
Restaurant owners in Philadelphia are preparing for the impact of President Trump's recently imposed tariffs on imports from Canada, Mexico and China.
Robert Fry, an economist based in Delaware, said the United States could go into a recession if President Trump's tariffs on Mexico and Canada continue.
As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
Rob Wilson said, tariffs or not, the markets will always fluctuate, and he recommends not making any sudden moves.
Americans are watching their wallets to see what happens with President Trump's newly imposed tariffs and relations with U.S. trading partners.
President Trump said Monday that he has decided to move forward with 25% tariffs on nearly all goods imported from Mexico and Canada, after taking a month for aides to negotiate a potential reprieve.
Old man winter is not done with us yet. A dangerously cold day is on tap as subfreezing temperatures return to the Delaware Valley.
The Center City dive bar is raising its minimum age to 25 in an effort to crack down on underage drinking and disruptive behavior.
In her five decades leading Temple University's women's fencing program, Dr. Nikki Franke broke barriers and built opportunities for future generations.
Prosecutors have dropped the most serious assault charge against Penn State hockey star Gavin McKenna.
Timothy Sapp Sr. died on Jan. 28 while he was on shift as a heavy equipment operator removing snow in Philadelphia.
Old man winter is not done with us yet. A dangerously cold day is on tap as subfreezing temperatures return to the Delaware Valley.
The Center City dive bar is raising its minimum age to 25 in an effort to crack down on underage drinking and disruptive behavior.
In her five decades leading Temple University's women's fencing program, Dr. Nikki Franke broke barriers and built opportunities for future generations.
Camden firefighter Howard Bennett died after falling into the icy Delaware River Thursday.
The bipartisan "Bell-to-Bell" bill bars students from using their phones any time they're in school, not just during instructional periods.
The Center City dive bar is raising its minimum age to 25 in an effort to crack down on underage drinking and disruptive behavior.
In her five decades leading Temple University's women's fencing program, Dr. Nikki Franke broke barriers and built opportunities for future generations.
Timothy Sapp Sr. died on Jan. 28 while he was on shift as a heavy equipment operator removing snow in Philadelphia.
The coldest air of the season is set to slide over the Philadelphia area this weekend, which could lead to frost quakes, ice quakes and lake quakes.
Yonkers, New York, man Dijani Brown was wanted for sexual assaults of teen girls in Manor Township and Horsham Township, Pennsylvania.
The coldest air of the season is set to slide over the Philadelphia area this weekend, which could lead to frost quakes, ice quakes and lake quakes.
A number of restaurants in the Philadelphia area landed on OpenTable's list of the Top 100 Romantic Restaurants in the U.S.
After a portion of the Keansburg Fishing Pier crashed into the Raritan Bay, there's now concern at other marinas and piers that are being hit by ice chunks.
John Quinesso Sr., a World War II veteran from South Jersey, still drives himself everywhere he needs to go.
Construction workers leaving the Hudson Tunnel worksite in New York City had no idea if or when they would return.
The coldest air of the season is set to slide over the Philadelphia area this weekend, which could lead to frost quakes, ice quakes and lake quakes.
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
A Delaware man is behind bars after he allegedly attacked two other men over a parking dispute, police say.
A teenager and a 21-year-old man were injured in a shooting in Wilmington Monday afternoon, police said.
Following Sunday's major winter storm, multiple businesses, organizations and event centers are staying closed on Monday.
A new kind of joint replacement is now available for people who have a certain kind of arthritis in the hand.
A person with a confirmed case of measles visited an urgent care center in Collegeville, Pennsylvania, last month, health officials said.
A toddler and a dog from Los Angeles have a unique bond that came together thanks to a Philly doctor and a story from CBS News Philadelphia.
New Jersey has less than a one-week supply of red blood cells and less than a day's supply of platelets, health officials say.
For Kolin and his family, CHOP was a home away from home while he waited for a heart transplant.
Former Sheetz president and CEO Steve Sheetz has died at age 77, the Altoona-based company announced on Monday.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
With product return fraud on the rise, an emerging company is using AI to help spot issues.
Here are mall opening and closing hours for the Christmas and Christmas Eve holidays around the Philly region.
Through Amazon Now, customers can get household items, cosmetics, electronics, groceries and more delivered in about 30 minutes or less.
The city says residents shouldn't park on a major stretch of South Broad Street in Philadelphia Tuesday for a snow removal operation.
Traffic is starting to move again on Roosevelt Boulevard after a fatal crash shut down the road in both directions Friday morning.
Snow-covered sidewalks, freezing temperatures and more have made commutes challenging for many public transit riders across Philadelphia.
Philadelphia is closing several roads in Center City Tuesday night to remove snow after a winter storm dumped nearly 10 inches over the weekend.
Transportation service will ramp up gradually Monday across the Philadelphia area following the weekend snowstorm.
Prosecutors have dropped the most serious assault charge against Penn State hockey star Gavin McKenna.
Eagles superfan Ed Callahan, 79, won the NFL's 2025 Fan of the Year award on Thursday night.
Sonny Jurgensen's strong arm, keen wit and affable personality made him one of the most beloved figures in Washington football history.
Don't miss the 2026 Winter Olympics opening ceremony. Here's how to watch live, stream for free and catch replays.
Tim Stutzle charged past Travis Sanheim and scored on a backhand shot 47 seconds into overtime, helping the Ottawa Senators to a 2-1 victory over the struggling Flyers.
Don't miss the 2026 Winter Olympics opening ceremony. Here's how to watch live, stream for free and catch replays.
The Temple University Jazz Band is releasing its first internationally-recorded album after placing first at the National Collegiate Jazz Championship.
Mural Arts Philadelphia is looking for an artist or team of artists to design a mural honoring Boyz II Men's contributions to music and culture as the city celebrates America's 250th anniversary.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Old man winter is not done with us yet. A dangerously cold day is on tap as subfreezing temperatures return to the Delaware Valley. Bill Kelly has the forecast.
A Center City dive bar is raising its minimum age to 25 in an effort to crack down on underage drinking and disruptive behavior. Ross DiMattei reports.
Sonny Jurgensen, a Hall of Fame quarterback who began his legendary career with the Philadelphia Eagles, has died. He was 91.
For 50 years, fencing coach Nikki Franke tore down barriers to help usher in future generations of women fencers, while exposing the sport to inner city youth. Krystle Rich reports.
Pennsylvania Gov. Josh Shapiro and Philadelphia community leaders are condemning President Trump's racist social media post about the Obamas.