Markets spike before close after tariff pause
Wall Street surged Wednesday after President Trump announced a 90-day pause on reciprocal tariffs for many countries. CBS News' Maurice DuBois anchors a special report.
Donald Trump
What Trump has said about tariffs as stock market reacts
The Trump administration's imposition and walkback of tariffs has led to stock volatility and sparked worries of a global trade war and recession.
Trump tariffs are "negotiating strategy," Treasury chief Bessent says
White House spokeswoman Karoline Leavitt said President Trump's tariffs represented "the art of the deal."
Trump trade chief House testimony highlights
U.S. trade representative Jamieson Greer went before the House Ways and Means Committee Wednesday to testify about President Trump's tariffs. During the hearing, Mr. Trump announced he was putting a 90-day pause on reciprocal tariffs against most countries but raising tariffs on China to 125%.
Trump speaks after announcing tariff pause
President Trump announced Wednesday he is increasing tariffs on China to 125% while suspending reciprocal tariffs "beyond" 10% on other U.S. trade partners for the next 90 days. Mr. Trump discussed the decision during an event in front of the White House. CBS News' Aaron Navarro, Taurean Small and Kelly O'Grady have more.
See the full list of reciprocal tariffs by country from Trump's chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
Bessent comments on Trump's tariff pause
Treasury Secretary Scott Bessent and White House press secretary Karoline Leavitt took questions from reporters at the White House immediately after President Trump announced a 90-day reciprocal tariff pause for most countries while raising the tariffs against China.
Trump announces tariff pause for most nations
President Trump on Wednesday announced a 90-day tariff reciprocal pause for most countries, but raised tariffs further against China. Following comments from the White House, Maurice DuBois anchored a CBS News special report on the development with Elizabeth Cook anchoring continuing coverage.
Congressman lashes out at Trump trade chief
Rep. Steven Horsford (D-Nevada) tore into U.S. trade representative Jamieson Greer Wednesday on the House floor after President Trump unexpectedly announced a 90-day reciprocal tariff pause for most countries. See the moment.
Bessent on China escalating trade war
Treasury Secretary Scott Bessent is warning other nations against escalation after facing tariffs from the Trump administration. This comes as President Trump suggests Americans should "be cool" and not fret as stocks slide. CBS News' Jill Schlesinger and Weijia Jiang report.
U.S. farmers worried about China tariffs
U.S. farmers are concerned as the trade war with China gets worse. This comes as new tariffs on U.S. goods reached 84% and as President Trump's tariffs took effect. CBS News' Lana Zak reports.
EU announces retaliatory tariffs
The European Union announced retaliatory tariffs on $22 billion of U.S. products as President Trump's tariffs take effect. The new measures will impact agricultural and manufacturing goods, according to reports. CBS News' Olivia Rinaldi reports on the White House's position.
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How China escalated the U.S. trade war
China's increased tariffs on U.S. goods are bound to impact American farmers and consumers. CBS News' Kelly O'Grady and Ramy Inocencio report.
China raises tariffs on U.S. to 84%
China raised tariffs slapped on American goods to 84% and says it will not back down amid President Trump's threats on trade. CBS News' Weijia Jiang reports from the White House, Anna Coren reports from Hong Kong and Jill Schlesinger has more on the American impact.
Are all Republicans behind tariffs?
Republican lawmakers are navigating the impact of President Trump's tariffs as China retaliates with more taxes on U.S. goods. CBS News' Taurean Small reports as the budget resolution fight in Congress continues.
EU considering tariffs on U.S. goods
The European Union is navigating two sides of President Trump's tariffs strategy by offering to drop some tariffs levied on the U.S. but also considering more taxes on agricultural and manufacturing goods, according to Jeanna Smialek, the Brussels bureau chief for The New York Times. Smialek joined CBS News with more.
Trump's reciprocal tariffs take effect
The Trump administration says dozens of countries are trying to reach the president to try to strike deals as his reciprocal tariffs take effect. CBS News' Natalie Brand reports.
IRS acting head resigning over deal to send immigrant tax data to ICE
The IRS has agreed to share immigrants' tax data with ICE for to help authorities identify and deport undocumented immigrants.
How much could Trump's tariffs hike the price of your wine and whisky?
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.
Trump's sweeping new tariffs in effect, including 104% on China
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.
Trump's would-be assassin sought weapon to shoot down his plane, DOJ says
The Justice Department says Ryan Routh tried to acquire anti-aircraft weapons to shoot down Donald Trump's plane.
RFK Jr.: People should get measles vaccine
In an interview with Dr. Jon LaPook, Health and Human Services Secretary Robert F. Kennedy Jr. says he is encouraging people to get vaccinated against measles. "The federal government's position, my position, is that people should get the measles vaccine," Kennedy Jr. says. See more from the interview, Wednesday on "CBS Mornings" and "CBS Evening News."
Trump overstates the number of U.S. factories lost since NAFTA
President Trump claims 90,000 factories have shuttered since the free trade agreement took effect, but more recent data shows the figure is misleadingly high.
Virginia voters approve new congressional map favoring Democrats, CBS News projects
Virginia voters on Tuesday approved a new congressional map that would give Democrats an advantage in 10 House districts, leaving just one safe Republican seat, CBS News projects.
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Trump extends ceasefire as uncertainty over U.S.-Iran peace talks remains
With a two-week ceasefire set to expire and Iran balking at the resumption of peace talks, President Trump said he would be extending the deadline to allow for Iran to "come up with a unified proposal."
Exclusive
Parents of slain Loyola student Sheridan Gorman say, "We've got to make changes"
Sheridan Gorman, an 18-year-old Loyola freshman, was shot and killed in Chicago last month and an undocumented immigrant from Venezuela is under arrest.
DOJ charges Southern Poverty Law Center with fraud
A federal grand jury indicted the Southern Poverty Law Center on wire and bank fraud-related charges on Tuesday, the Justice Department says, accusing it of paying members of extremist groups as part of its efforts to investigate them.
Cherfilus-McCormick resigns from Congress before hearing on sanctions
The Florida Democrat stepped down shortly before a House Ethics Committee hearing to determine whether she should be punished.
Lawmakers demand answers at hearing on hospice fraud
Congress asks experts, advocates and victims how to combat hospice fraud, after a CBS News investigation uncovered widespread signs of potential fraud in California.
Court upholds Texas law requiring Ten Commandments in classrooms
Appeals court upholds Texas' Ten Commandments classroom law, but critics say the fight isn't over.
FBI investigating deaths, disappearances of staff at government labs
The disappearances and deaths of 10 government workers tied to nuclear or space technology have sparked speculation online. President Trump said the cases are "hopefully, coincidence."
Will gas dip below $3 a gallon this year? Here's what experts think.
It could take months for U.S. gas prices to recede to their level before the outbreak of war in Iran, economists and energy experts say.
U.S.
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Duffy on AI replacing air traffic controllers: "That's not gonna happen"
"Am I gonna replace a controller and have AI manage the airspace? The answer to that is hell no, that's not gonna happen," Transportation Secretary Sean Duffy told CBS News.
Exclusive
Parents of slain Loyola student Sheridan Gorman say, "We've got to make changes"
Sheridan Gorman, an 18-year-old Loyola freshman, was shot and killed in Chicago last month and an undocumented immigrant from Venezuela is under arrest.
Louisiana shooting exposes "dangerous gaps" in domestic violence, gun laws
After the mass shooting in Shreveport, Louisiana, advocates are urging policymakers to reform domestic violence and gun control legislation.
Contract reveals fundraising deal for Trump's East Wing overhaul
The agreement, which was signed this fall, ensures donor anonymity, establishes a fee structure and institutes a ban on foreign contributions.
Florida opens criminal probe over ChatGPT's alleged role in FSU shooting
Attorney General James Uthmeier said his office launched a criminal investigation into OpenAI after reviewing conversation logs between ChatGPT and a Florida State University student accused of killing two people last year.
MoneyWatch
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Meta failed to protect social media users from scam ads, lawsuit alleges
The Consumer Federation of America accused Meta of allowing scam advertisements to "proliferate on its platforms."
UPS, FedEx and DHL file for tariff refunds. What it means for consumers.
Shippers have pledged to share refunds with customers who paid tariffs once the government issues refunds.
Will gas dip below $3 a gallon this year? Here's what experts think.
It could take months for U.S. gas prices to recede to their level before the outbreak of war in Iran, economists and energy experts say.
Kevin Warsh testifies that the Fed will remain "strictly independent"
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
Who will run the Federal Reserve if the Senate doesn't confirm Trump's pick?
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
Politics
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Virginia voters approve new congressional map favoring Democrats, CBS News projects
Virginia voters on Tuesday approved a new congressional map that would give Democrats an advantage in 10 House districts, leaving just one safe Republican seat, CBS News projects.
Duffy on AI replacing air traffic controllers: "That's not gonna happen"
"Am I gonna replace a controller and have AI manage the airspace? The answer to that is hell no, that's not gonna happen," Transportation Secretary Sean Duffy told CBS News.
Contract reveals fundraising deal for Trump's East Wing overhaul
The agreement, which was signed this fall, ensures donor anonymity, establishes a fee structure and institutes a ban on foreign contributions.
Lawmakers demand answers at hearing on hospice fraud
Congress asks experts, advocates and victims how to combat hospice fraud, after a CBS News investigation uncovered widespread signs of potential fraud in California.
Trump extends ceasefire in Iran indefinitely
President Trump said he's extending the ceasefire until Iran has submitted a proposal in talks with the U.S. "and discussions are concluded."
HealthWatch
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Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
New CDC pick may face "threat to follow ideology over evidence," ex-official says
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
World
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Trump says U.K.'s Starmer can "recover" as Epstein scandal hits him again
Trump says British leader Keir Starmer has "time to recover" from the latest scandal over his decision to tap an Epstein associate as his U.S. ambassador.
Iran war shows "era of fossil fuel security is over," says U.K energy secretary
President Trump recently encouraged the U.K. to "drill baby, drill" in the oil-rich North Sea.
NATO intercepts Russian bombers and fighter jets over Baltic Sea
The Russian mission included two supersonic Tu-22M3s, as well as about 10 fighters, the French detachment said.
Mass murder trial in El Salvador for almost 500 alleged MS-13 members
Nearly 500 alleged MS-13 members, including several alleged leaders, are on trial collectively in El Salvador, accused of thousands of murders.
Live
Trump extends ceasefire as uncertainty over U.S.-Iran peace talks remains
With a two-week ceasefire set to expire and Iran balking at the resumption of peace talks, President Trump said he would be extending the deadline to allow for Iran to "come up with a unified proposal."
Entertainment
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Entertainment
Vinyl record sales continue resurgence
New data shows interest in vinyl records is only getting stronger, with social media and and special releases from artists like Taylor Swift helping drive the trend. Jarred Hill has more.
Opening statements in Weinstein rape retrial
Opening statements have concluded in Harvey Weinstein's New York rape retrial. CBS News' Jericka Duncan has more.
D4vd charged with murder in14-year-old's death
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Details on charges against D4vd in teen's death
Los Angeles prosecutors on Monday charged singer D4vd in the murder of a 14-year-old girl whose dismembered body was found in his car last year. CBS News chief correspondent Matt Gutman has the details.
What to know on the "Matlock" season finale
"Matlock" stars Skye P. Marshall and Jason Ritter join CBS News with more clues ahead of the show's season finale.
Technology
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Duffy on AI replacing air traffic controllers: "That's not gonna happen"
"Am I gonna replace a controller and have AI manage the airspace? The answer to that is hell no, that's not gonna happen," Transportation Secretary Sean Duffy told CBS News.
John Ternus to become Apple CEO
Tim Cook announced he would be stepping down as Apple CEO on Monday. Jo Ling Kent reports on John Ternus, the mechanical engineer preparing to take the wheel.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Where does Apple go after Tim Cook?
Apple CEO Tim Cook will step down in September after 15 years at the helm of the company. CBS Sunday Morning correspondent David Pogue joins to discuss Cook's legacy and where Apple's future could lead.
Florida opens criminal probe over ChatGPT's alleged role in FSU shooting
Attorney General James Uthmeier said his office launched a criminal investigation into OpenAI after reviewing conversation logs between ChatGPT and a Florida State University student accused of killing two people last year.
Science
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Cementing a more sustainable alternative to concrete
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Breeding a better bread
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
Using the ocean to power data centers
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Crime
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Crime
DOJ charges Southern Poverty Law Center with fraud
The Justice Department on Tuesday announced fraud charges against the Southern Poverty Law Center over its nonprofit investigations into extremist groups. CBS News justice reporter Jake Rosen has the details.
New details about Mexican pyramid shooting
Mexican authorities say a gunman atop the Pyramid of the Moon, one of Mexico's most popular archaeological sites, shot at tourists and taunted first responders on Monday. CBS News chief correspondent Matt Gutman reports on the new details.
Louisiana shooting exposes "dangerous gaps" in domestic violence, gun laws
After the mass shooting in Shreveport, Louisiana, advocates are urging policymakers to reform domestic violence and gun control legislation.
FBI investigating missing staff at labs
The FBI is investigating possible connections in the cases of 10 missing or dead scientists and staff who worked at sensitive nuclear or space technology laboratories. CBS News' Anna Schecter reports.
Florida opens criminal probe over ChatGPT's alleged role in FSU shooting
Attorney General James Uthmeier said his office launched a criminal investigation into OpenAI after reviewing conversation logs between ChatGPT and a Florida State University student accused of killing two people last year.
Space
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
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Who is Alix Tichelman?
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Latest CBS News Videos
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Latest CBS News Videos
Lawmakers on Cherfilus-McCormick resignation
Congresswoman Sheila Cherfilus-McCormick resigned on Tuesday, minutes before her House Ethics hearing to determine whether she should be sanctioned for allegations of theft and other misconduct. Lawmakers on Capitol Hill shared their reaction.
Vinyl record sales continue resurgence
New data shows interest in vinyl records is only getting stronger, with social media and and special releases from artists like Taylor Swift helping drive the trend. Jarred Hill has more.
Starting over with a divorce gift registry
Gift registries are common for baby showers and weddings, but now people are turning to them for one of life's toughest moments. Evyn Moon looks at the growing trend of divorce registries.
2026 expected to be bad year for ticks
The 2026 outlook for ticks shows cases of Lyme disease are expected to rise and the CDC is reporting the most weekly emergency room visits for tick bites, for this time of year, in at least a decade. Bradley Blackburn has more on how you can protect yourself.
What is "nuclear dust"?
Over the past several days, President Trump has made multiple statements on the U.S. goal to seize Iran's "nuclear dust." "The Daily Report" dives into what the president means by "nuclear dust" and how much Iran has. Will Todman, the chief of staff of the Geopolitics and Foreign Policy Department at CSIS, has more analysis.