Stocks see biggest wipeout since 2020
Stocks cratered in the U.S. on Thursday, one day after President Trump unveiled his plans for a 10% baseline tariff on all nations and higher levies for some. CBS News' John Dickerson anchors a special report.
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Stocks cratered in the U.S. on Thursday, one day after President Trump unveiled his plans for a 10% baseline tariff on all nations and higher levies for some. CBS News' John Dickerson anchors a special report.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
The Dow Jones slipped slightly on Tuesday as investors braced for President Trump's reciprocal tariff announcement. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones closed in the red on Thursday, with Ford stocks falling more than 3% and General Motors stocks falling more than 6% as investors reacted to President Trump's new 25% tariff on auto imports. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Markets opened Thursday with the Dow dropping more than 500 points after the opening bell as countries and businesses continue to grapple with President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock markets came after Federal Reserve Chairman Jerome Powell's remarks that the Fed may not slash rates in 2025 as much as had initially been projected. Kelly O'Grady explains.
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady joins to break down the move.
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
The markets are reacting to former President Donald Trump's presidential election win after his 2024 race against Vice President Kamala Harris. CBS News business analyst Jill Schlesinger has more.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means.
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
The Dow Jones Industrial Average tumbled more than 1,000 points Monday as stock markets worldwide dropped over fears of a downturn in the U.S. economy. CBS News contributor J.D. Durkin breaks down the latest numbers.
Following a call with several Middle Eastern leaders, President Trump said that a peace deal with Iran had been "largely negotiated."
A bystander was also wounded, but no Secret Service officers were injured, officials said. President Trump was in the White House at the time of the incident.
Southern California officials are desperately searching for a safe resolution to a leaking toxic chemical tank at an aerospace facility.
Prime Minister Shehbaz Sharif called the attack a "cowardly act of terrorism" on social media.
Kyle Busch, who won more races in NASCAR's top three series than anyone in history, died suddenly on Thursday.
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
Iran had been scheduled to train in Tucson, Arizona, but it will now move its training base to Tijuana, Mexico, just south of San Diego.
A large ballistic missile attack pounded Kyiv, authorities said, wounding at least five people after Moscow threatened retaliation for strikes in Russian-occupied eastern Ukraine.
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
Elisa Sunga shares how to make lavender and lemon poppy seed cake in her cookbook, "Cake Picnic: Recipes for the Love of Cake & Friends."
Iran had been scheduled to train in Tucson, Arizona, but it will now move its training base to Tijuana, Mexico, just south of San Diego.
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
A bystander was also wounded, but no Secret Service officers were injured, officials said. President Trump was in the White House at the time of the incident.
Kyle Busch, who won more races in NASCAR's top three series than anyone in history, died suddenly on Thursday.
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
The GOP senator said the meeting included "screaming," adding that "fiery does not begin to cut it."
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
When CIA Director John Ratcliffe visited Havana last week to meet with senior Cuban officials, he brought along one of the covert operators involved in the mission to capture Nicolás Maduro, multiple people familiar with the matter said.
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
Prime Minister Shehbaz Sharif called the attack a "cowardly act of terrorism" on social media.
Angry residents of a town at the epicenter of the Ebola outbreak in eastern Congo attacked and burned a tent that was part of a health center where people are being treated for the virus.
Iran had been scheduled to train in Tucson, Arizona, but it will now move its training base to Tijuana, Mexico, just south of San Diego.
A large ballistic missile attack pounded Kyiv, authorities said, wounding at least five people after Moscow threatened retaliation for strikes in Russian-occupied eastern Ukraine.
Protesters on Saturday streamed into central Belgrade, many carrying banners and wearing T-shirts inscribed with the "Students win" motto of the youth movement.
Ryan Bingham's career spans decades and genres. He went from a 2009 awards season sweep with "The Weary Kind (Theme from Crazy Heart)" to starring as Walker in "Yellowstone." Bingham sat down with "CBS Saturday Morning" to reflect on his work and to discuss his latest project, "They Call Us The Lucky Ones," which he created in collaboration with The Texas Gentlemen.
Lamorne Morris sits down with "CBS Saturday Morning" to discuss his career as he steps into the Marvel universe with Nicholas Cage for "Spider-Noir."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "Relevance."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "Let the Big Dog Eat."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "The Lucky Ones."
Amid concern about AI taking jobs, people see a range of motives by AI companies.
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
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.
A recent opinion piece in The New York Times spotlighted the impact of artificial intelligence on the 2026 graduating class at one of the world's most prestigious universities. The author, Stanford student Theo Baker, joins to discuss.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
At Kouri Richins' sentencing for the murder of Eric Richins, her husband and father of their three sons, she declared her innocence to the court and to her children. But for jurors on the case, the evidence told a different story.
Several shots were heard from the White House property on Saturday. Aaron Navarro reports from the location after Secret Service told him to get down immediately.
In Raleigh, North Carolina, a woman's civil case turned into a criminal one after police said she shot two lawyers outside a courthouse. Both were hospitalized. Skyler Henry reports.
Six years after his murder in Minneapolis, and despite passing the House twice, the George Floyd Justice in Policing Act remains stalled in the Senate. Some lawmakers are hoping to change that. Democratic Rep. Glenn Ivey of Maryland and Minnesota Attorney General Keith Ellison join to reflect on the state of police reform.
The deadly attack at the Islamic Center of San Diego was streamed online, and at least three people watched as two teenagers attacked the facility filled with young students, CBS News' Anna Schecter reports.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
In 2004, Bob Dylan spoke with 60 Minutes' Ed Bradley about the role New York City played in his life. In this expanded clip from the interview outtakes, the singer-songwriter discusses his journey from Minnesota to New York. Today, the musician turns 85.
Officials have increased the number of countries in Africa at risk for Ebola from three to 10. A third entry point is open for Americans traveling from certain high-risk countries back into the U.S. Holly Williams reports.
President Trump announced that he is close to reaching an agreement with Iran to end the conflict and reopen the Strait of Hormuz, but Iran is dismissing his assertion. Imtiaz Tyab reports.
More than 50,000 people have been evacuated due to a failing industrial tank filled with an extremely hazardous chemical that is leaking from an aerospace facility in Southern California, and it could explode. The governor has declared a state of emergency. Lana Zak reports.
NASCAR star Kyle Busch's family on Saturday revealed his cause of death as "severe pneumonia that progressed into sepsis, resulting in rapid and overwhelming associated complications." Lindsey Reiser reports.