U.S. steelmaker shares jump after Trump hikes industry tariffs to 50%
Shares of several major U.S. steel companies jumped Monday after President Trump said he would hike tariffs to 50%.
Watch CBS News
Shares of several major U.S. steel companies jumped Monday after President Trump said he would hike tariffs to 50%.
Mr. Trump celebrated what he calls a partnership between U.S. Steel and Japan-based Nippon on Friday, sharing details about commitments in the partnership and increased tariffs on imported steel.
Steelworkers are excited for the future after President Trump talked about the partnership between U.S. Steel and Nippon Steel.
President Trump said that Elon Musk "will, always, be with us, helping all the way." Musk's tenure as a "special government employee" is formally ending.
A federal court on Wednesday froze the April 2 tariffs imposed by President Trump on almost every foreign nation. Here's what that means.
The Trump administration has canceled $766 million awarded to Moderna to develop a vaccine against potential pandemic influenza viruses, including the H5N1 bird flu.
The Trump administration is planning to expand social media screenings for international students applying for visas.
"I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America," President Trump wrote Friday afternoon.
President Trump said he would impose steep tariff on Apple unless company starts manufacturing some iPhones in the U.S.
The budget package addresses President Trump's tax, defense and energy priorities. It now heads to the Senate, where hurdles remain.
About half of states have broadened Medicaid, the state-federal low-income health care program, to pay for social services such as housing and nutritional support.
Walmart this week warned that everything from bananas to children's car seats could increase in price despite the softer tariffs on China.
President Trump signed an executive order setting a 30-day deadline for drug companies to lower prices on prescription drugs.
On Monday, President Trump said Qatar is "giving us a gift" and "I could be a stupid person and say, oh no, we don't want a free plane."
According to reporting, Nippon Steel is doubling down on its efforts to acquire U.S. Steel by mid-June.
Parenthood is becoming a lot more expensive with President Trump's tariffs on China and other countries.
A recent dip in overdose deaths has been credited in part to wider naloxone access.
In recent weeks, Social Security has been plagued by problems related to technology, system errors, and even the marking of living people as dead.
The order instructs the Corporation for Public Broadcasting and other federal agencies "to cease Federal funding for NPR and PBS."
President Trump says he is nominating Mike Waltz to be U.S. ambassador to the United Nations.
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
The Trump administration has reinstated the legal status of a Carnegie Mellon University student from China who lost it weeks ago.
President Trump said that a baby bonus provided to new parents could be a "good idea." Here's how it's worked in other countries.
The Trump admin ordered public schools, universities and private employers to get rid of DEI programs or lose federal funding.
Hundreds of universities and colleges have issued a joint letter condemning President Trump's "political interference" in the nation's education system.
Controversy has been swirling in the Woodland Hills School District since November.
Greensburg's Restaurant Week runs from now through Saturday.
Pittsburgh Mayor Corey O'Connor talked about how the city cares for those in need.
If your car struggled to start Tuesday morning amid Pittsburgh's bitter temperatures, you're not alone.
More details are coming to light as the investigation continues into the shooting deaths of a man and woman in Ambridge, Beaver County.
Controversy has been swirling in the Woodland Hills School District since November.
Greensburg's Restaurant Week runs from now through Saturday.
Pittsburgh Mayor Corey O'Connor talked about how the city cares for those in need.
Looking for something you saw on KDKA-TV News? Find links and information about the topics and news stories from our newscasts.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
Looking overseas, there is wide opposition to the idea of taking Greenland by force.
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
Pennsylvania's two sitting senators, Republican Dave McCormick and Democrat John Fetterman, told CBS News they do not support a U.S. military takeover of Greenland.
The lawmakers posted a video in November that told military service members that they "must refuse illegal orders."
A Pennsylvania couple says Kia wrongly denied a warranty claim after their car's engine failed at 80,000 miles.
Scams targeting utility customers are on the rise in Pennsylvania, the attorney general says.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
It has been five years since the home improvement retailer Menards bought a large parcel of land off Route 30 in Westmoreland County.
If you get a ticket in the city of Pittsburgh, there could be a higher chance that instead of getting it on your car windshield, you're getting it in the mail.
Vesta Mohebbi is a nurse who saw the worst during the COVID-19 pandemic. The stress she endured inside the hospital led her to find ways to bring comfort to others. Now she and her dog, Zion, help first responders and young children all across Pittsburgh.
Antiques appraiser Dr. Lori is helping our viewers find the value in three items sent in by you.
Chef Crystal, Team Leader for Giant Eagle, is making sure we don’t skip over lunch by sharing an easy Mediterranean beef bowl recipe!
David is loving this assignment! He and Heather are learning about an upcoming yoga event at Cats N’at in Wexford by meeting some of the felines up for adoption!
Daisy was live at Full Throttle Adrenaline Park in Monroeville for some indoor fun!
Controversy has been swirling in the Woodland Hills School District since November.
A Pennsylvania couple says Kia wrongly denied a warranty claim after their car's engine failed at 80,000 miles.
Some drivers in Pittsburgh are ignoring road closure signs in the South Side Flats, leaving residents exasperated.
A Westmoreland County taxidermist is under investigation by the Pennsylvania State Police.
Stray voltage from a nearby streetlight shocked Montana Mitchell and her dog, leaving the dog immobile.
The yearly tradition marks the start of months of training for Pittsburgh Marathon participants.
Firefighters have a 62% higher risk of cancer, and this week, the New Castle Central Fire Station hosted pre-screenings.
Once the holidays are over, we often find ourselves in a funk, so how can we find ways to boost our mood?
A major expansion in women's health care is taking shape in Washington County.
Flu cases keep increasing, but at least one Pittsburgh-area emergency room doctor says not everyone needs to visit him.
Penn State's women's team is hosting Robert Morris and the men's team is hosting Michigan State.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
Brett Kulak broke a second-period tie with his first goal of the season, and the Pittsburgh Penguins beat the Seattle Kraken 6-3.
The Pittsburgh Steelers are searching for a new head coach for the first time in nearly 20 years after Mike Tomlin stepped down last week.
Pittsburgh Mayor Corey O'Connor on Tuesday announced a new initiative aimed at revitalizing neighborhood business districts across the city.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
It has been five years since the home improvement retailer Menards bought a large parcel of land off Route 30 in Westmoreland County.
The Macy's location at the Pittsburgh Mills Mall will be among the several closures.
With the Steelers hosting their first playoff game with fans in the building since 2018, a lot of revenue is expected to be made in the city.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
"The Pitt" won big at the Golden Globes on Sunday night.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Stay on top of local weather with First Alert Meteorologist Ray Petelin's forecast!
Ice on the Allegheny River blocked the intake at Pittsburgh Water's treatment plant on Tuesday. Mamie Bah has more.
Controversy has been swirling in the district since November.
The extreme cold can have a dangerous impact on pets. Ross Guidotti has more on how you can make sure your animal is safe and a reminder about the law aimed at people who leave their animals outside.
If you are looking for a delicious reason to stay warm and indoors the next few days, why not take part in Greensburg's Restaurant Week? KDKA-TV's Chris DeRose has more.
Mike Tomlin stepped down as head coach of the Pittsburgh Steelers after 19 seasons with the team.
Pitt's regular season has ended with an 8-4 record.
Pitt's five-game winning streak came to an end with a 37-15 loss to Notre Dame.
Mason Heintschel set a new Pitt freshman single-game passing record in the Pitt win at Acrisure Stadium.
The 44th annual KDKA-TV Turkey Fund will help our neighbors in need have a nice meal for Thanksgiving.