Stock futures shed overnight gains, signaling weaker start to trading
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
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Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
Tuesday was another volatile day for the markets as tariff uncertainty gripped Wall Street. President Trump's reciprocal tariffs are set to go into effect Wednesday. CBS News' Kelly O'Grady, Aaron Navarro, Ramy Inocencio and Nikole Killion have all the latest tariff details.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
It was a dramatic day for the markets as Wall Street reacted with fear and pessimism to the Trump administration's sweeping tariffs. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns 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.
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 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.
The U.S. stock market took a significant dip on Friday, fueled by a selloff in tech stocks. CBS News contributor Javier David breaks it down and looks ahead to 2025.
The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in line with economists' expectations. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
Grocery giant Albertsons called off its nearly $25 billion merger with Kroger after a federal judge temporarily blocked the union Tuesday in an effort to protect consumers from increasing costs. Albertsons is also suing the rival grocery chain, claiming Kroger willfully breached the merger agreement. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
CENTCOM commander Adm. Brad Cooper said a blockade of Iranian ports "has been fully implemented," as the U.S. and Iran argue over control of the Strait of Hormuz amid a delicate ceasefire.
The Justice Department on Tuesday asked a federal court to vacate Jan. 6 convictions against a dozen former members of the right-wing Proud Boys and Oath Keepers, aiming to wipe away some of the final Capitol riot charges that are still standing.
A cross-party effort caused two House members to resign on Tuesday, and the female lawmakers who helped lead that push told CBS News that additional members of Congress could face similar pressure.
The renovations at the Federal Reserve are the subject of a months-long criminal investigation.
Earlier this year, the House narrowly defeated a Senate bill on the issue, angering victims' families.
"People should try to drive less. They should try to conserve energies," Andy Walz told CBS News. "We should be doing that all the time. Energy's essential for people's lives, but we should conserve it."
Ashly Robinson, an influencer who went by Ashlee Jenae online, died on a trip with her fiancé in Zanzibar. Now, her family is searching for answers.
Lonna Drewes came forward Tuesday with the allegations after the California Democrat announced he would resign from Congress.
The unpopular war with Iran and stubborn affordability issues have given Democrats cause to be more hopeful about their chances of flipping key seats — and maybe even winning control of the Senate.
Omaha police fatally shot a woman they say kidnapped a young boy and slashed him across the face before killing her.
U.S. Southern Command posted aerial video on social media Tuesday showing a vessel bobbing in the water before being struck by a projectile and exploding.
Earlier this year, the House narrowly defeated a Senate bill on the issue, angering victims' families.
"People should try to drive less. They should try to conserve energies," Andy Walz told CBS News. "We should be doing that all the time. Energy's essential for people's lives, but we should conserve it."
Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron executive.
"People should try to drive less. They should try to conserve energies," Andy Walz told CBS News. "We should be doing that all the time. Energy's essential for people's lives, but we should conserve it."
Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron executive.
The chain's North American operator forecast it will open 205 stores in 2026, although those openings will be outpaced by a series of closures.
Millions of people using Android mobile devices could receive a payout, according to the settlement website.
Six in 10 Americans say they pay more than their fair share in taxes, recent polling shows. Only one-third believe they pay the right amount.
The renovations at the Federal Reserve are the subject of a months-long criminal investigation.
A cross-party effort caused two House members to resign on Tuesday, and the female lawmakers who helped lead that push told CBS News that additional members of Congress could face similar pressure.
U.S. Southern Command posted aerial video on social media Tuesday showing a vessel bobbing in the water before being struck by a projectile and exploding.
Earlier this year, the House narrowly defeated a Senate bill on the issue, angering victims' families.
The Justice Department on Tuesday asked a federal court to vacate Jan. 6 convictions against a dozen former members of the right-wing Proud Boys and Oath Keepers, aiming to wipe away some of the final Capitol riot charges that are still standing.
Dr. Thomas Shaknovsky, 44, was arrested Monday after a two-year investigation by local, state and medical authorities.
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
Jack Alston was used to migraines, but after two concussions in middle school, he was stuck with a headache that wouldn't go away.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
U.S. Southern Command posted aerial video on social media Tuesday showing a vessel bobbing in the water before being struck by a projectile and exploding.
Ashly Robinson, an influencer who went by Ashlee Jenae online, died on a trip with her fiancé in Zanzibar. Now, her family is searching for answers.
An 18-year-old attacker, armed with a shotgun, fired randomly inside a vocational high school, wounding 10 students, four teachers, a canteen employee and a police officer, the local governor said.
Typhoon Sinlaku came ashore on a chain of remote U.S. island territories in the Western Pacific, which includes Guam, on Tuesday. It was a super typhoon at the time.
Brian Hooker, whose wife disappeared during a nighttime boat ride in the Bahamas, said he wants to believe his wife is still alive and plans to go back out to look for her as soon as possible.
What started off as a simple way to promote music with some impromptu freestyling back in 2017 has turned into a critically acclaimed series showcasing artists big and small. Photojournalist Parrish Smith met the Washington, D.C., artist and crew behind the increasingly popular musical showcase "Front Porch Freestyles."
Michelle Pfeiffer and Elle Fanning talk with "CBS Mornings" about starring in the new series "Margo's Got Money Troubles." The two discuss what drew them to the project and their characters, and what it's like to work together again.
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
Jane Pauley hosts our annual "Money Issue." Featured: Obstacles to home ownership; fighting health insurance denials; Chinese EVs; opposition to AI data centers; American Girl dolls; skin care mogul Scarlett Johansson; roller coasters; the popularity of bingo!; and is your phone eavesdropping on you?
Founded in 1986, American Girl has created dolls, books and accessories that tell the stories of young girls in every American era. On the toy's 40th anniversary, correspondent Faith Salie explores how making history come alive is also creating timeless bonds between generations that celebrate girlhood.
A new study found that a substantial amount of medical information provided by five popular artificial intelligence-driven chatbots is inaccurate and incomplete. One of the authors of the study, Nick Tiller joins "The Daily Report" to discuss.
The Artemis II journey around the far side of the moon is a monumental moment for human space exploration, but the mission could also bring back benefits for everyday life here on Earth. Better selfies, comfortable sneakers, basic household appliances and more can all trace their roots straight to NASA. Jarred Hill has a closer look at NASA tech in plain sight.
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.
Former AI company founder and CEO Matt Shumer joins "CBS Mornings" to break down Anthropic's report about one of its AI models, Claude Mythos Preview. In the report, the company warned the program was "too powerful" to be released to the public and it worried about the program, which is designed to find security flaws in software, falling into the "wrong hands."
Sam Altman, the CEO of OpenAI, shared a personal blog post and photo of his family saying, "In the hopes that it might dissuade the next person from throwing a Molotov cocktail at our house, no matter what they think of me," following an attack outside his home last week. Altman suggested the incident was connected to the broader debate over AI, saying, "we should deescalate the rhetoric and tactics."
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Omaha police fatally shot a woman they say kidnapped a young boy and slashed him across the face before killing her.
The 20-year-old man accused of throwing a Molotov cocktail at OpenAI CEO Sam Altman's home made his first court appearance on Tuesday. CBS News homeland security correspondent Nicole Sganga reports.
Two women spoke to CBS News' Nancy Cordes about their allegations against California Rep. Eric Swalwell as news emerges about his apparent misconduct.
An 18-year-old attacker, armed with a shotgun, fired randomly inside a vocational high school, wounding 10 students, four teachers, a canteen employee and a police officer, the local governor said.
Brian Hooker, the husband of the Michigan woman missing in the Bahamas, told CBS News' Cristian Benavides that he "won't be able to stop looking" for his wife Lynette Hooker, and that he wants to believe she is still alive. Hooker was arrested last week in connection with her disappearance and released from police custody on Monday.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
NASA's Artemis II astronauts returned to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
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.
The White House said more than 100 empty oil tankers are heading to ports in the U.S. to load up on American crude as the U.S. blockade on the Strait of Hormuz continues for a second day. For more, Jon Alterman, the director of the Center for Strategic and International Studies' Middle East Program, joins "The Daily Report" to discuss.
Over 75 vehicles in Colorado were involved in a major pileup on Tuesday afternoon. At least 19 people were injured, and police have reported no fatalities. Heavy snow and strong winds created winter-like conditions at the time of the crash. Some footage does not have sound.
Eric Swalwell and Tony Gonzales officially resign from Congress; U.S. blockade of Iranian ports continues for second day.
The family of Ashly Robinson, better known online as Ashlee Jenae, is demanding answers after their daughter died during an overseas trip to Zanzibar with her fiancé. CBS News' Jericka Duncan reports.
The 20-year-old man accused of throwing a Molotov cocktail at OpenAI CEO Sam Altman's home made his first court appearance on Tuesday. CBS News homeland security correspondent Nicole Sganga reports.