Trump's latest tariffs raise odds of a U.S. recession, economists say
The likelihood of the U.S. entering a recession has jumped since President Trump announced new tariffs, according to Goldman Sachs economists.
Recession
Impact of retaliatory tariffs on U.S. economy
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
Tariffs make some influencers turn on Trump
Republicans ruled the social media landscape in the 2024 election cycle. Now, some influencers who helped President Trump capture the so-called "bro vote" are expressing their concerns over this recent round of tariffs. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
What Trump's tariffs mean for stockholders
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
New jobs data as tariffs concerns remain
New jobs data showed more gains than expected for March but concerns over tariffs and a potential recession remain. CBS News' Kelly O'Grady reports.
Wall Street sees nearly $2 trillion in losses
Thursday was Wall Street's worst day since 2020 as investors reacted to President Trump's sweeping new tariffs on all nations. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns have the details.
Will Trump tariffs trigger backlash?
President Trump promised to bring down prices on the campaign trail, but economists say his tariffs could raise them. Political strategists Joel Payne and Kevin Sheridan join "America Decides" to examine the potential political ramifications.
Details on Trump's sweeping new tariffs
President Trump declared a national emergency on Wednesday, giving him the power to regulate imports and impose a baseline tariff of 10% on all countries with specific reciprocal tariffs on what he calls the "worst offenders." CBS News' Weijia Jiang and Jo Ling Kent have more.
Tariffs uncertainty, concerns of recession
Policy uncertainty is driving worries in the markets that may be increasing predictions about an incoming recession. Bill Watts, a markets editor at MarketWatch, joins CBS News with more.
Poll: Economic outlook grows more pessimistic
A new CBS News poll finds that Americans' economic outlook has grown slightly more pessimistic in the past month. High prices are weighing on people, with most saying they're on the rise. CBS News executive director of elections and surveys Anthony Salvanto breaks down the findings.
Fed leaves rates unchanged, outlook uncertain
The Federal Reserve chose not to lower interest rates Wednesday, as Chair Jerome Powell admitted the economic outlook was uncertain. He indicated that even though inflation was expected to inch up in response to President Trump's tariffs, the Fed is still forecasting two rate cuts this year. Kelly O'Grady explains.
Powell paints picture of economic uncertainty
The Federal Reserve left interest rates unchanged Wednesday as uncertainty about the U.S. economy grows. CBS News MoneyWatch correspondent Kelly O'Grady unpacks Fed Chair Jerome Powell's comments on the decision. Then, Donna Ginther, distinguished professor of economics at the University of Kansas, joins with analysis.
Powell: Tariffs may delay inflation progress
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.
How economists spot recessions, stagflation
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in spending which has some economists warning that the U.S. could face a possible recession. CBS News MoneyWatch correspondent Kelly O'Grady has more on recession risk signs.
Trump firmly stands by April 2 tariffs pledge
Despite the stock market's recent instability, President Trump is standing firm on his promise of implementing reciprocal tariffs in early April. Washington Post opinions columnist Heather Long joins "America Decides" to examine how the tariffs are creating anxiety about a recession.
Bessent "not concerned" about market tumble
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings senior fellow in economic studies, and Sarah McGregor, Bloomberg News national desk managing editor, join CBS News with analysis.
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?
Should Americans be worried about recession?
President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News to discuss the economy.
Markets plummet after Trump recession remarks
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and he did not rule it out. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's response. Then, Fin Gómez, CBS News political director, and Evan McMorris-Santoro, NOTUS reporter, join with analysis.
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another shutdown over government funding. CBS News Weijia Jiang and Nikole Killion have the latest.
U.S. stocks plunge, economic fears grow
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the idea of a possible recession and stipulated that the economy is going through a transition. Maurice DuBois anchors this CBS News Special Report.
Trump's latest comments on a recession
President Trump seems confident that his tariffs will reap great rewards for the U.S., but he is not ruling out the possibility of a recession. CBS News' Weijia Jiang reports.
Trump comments on recession risks
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto Workers union president speaks up about the need for tariffs. CBS News contributor Javier David has more.
Trump doesn't rule out recession possibility
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. Meanwhile, China's retaliatory tariffs on U.S. goods are being implemented Monday. CBS News' Natalie Brand and Anna Coren have the latest.
Trump says Hamas must disarm very soon or "there will be hell to pay"
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
"Bomb cyclone" hits Midwest, takes aim at East Coast. Maps show forecast.
A powerful winter storm system moving across the northern United States could become a "bomb cyclone" over the Northeast region.
U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Homeland Security agents in Minneapolis investigating "rampant fraud"
Homeland Security agents are in Minneapolis on Monday "conducting a massive investigation on childcare and other rampant fraud," Secretary Kristi Noem said.
Second pilot involved in New Jersey helicopter crash dies, police say
A second helicopter pilot critically injured in a midair collision in Hammonton, New Jersey has died from his injuries, police said Monday.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
National Guard deploying to New Orleans as city marks 1 year since terror attack
The Guard members will stay through Carnival season, when residents and tourists descend on the Big Easy to partake in costumed celebrations and massive parades before ending with Mardi Gras.
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National Guard deploying to New Orleans as city marks 1 year since terror attack
The Guard members will stay through Carnival season, when residents and tourists descend on the Big Easy to partake in costumed celebrations and massive parades before ending with Mardi Gras.
Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
Photos show motorcycle collection tied to Olympian-turned-alleged-drug-kingpin
Authorities in Mexico have seized a large collection of motorcycles believed to be owned by Ryan Wedding, the former Olympian wanted for allegedly running a major drug trafficking operation.
Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
Georgia execution paused over questions about clemency process
Stacey Humphreys, 52, was convicted of malice murder and other crimes in the 2003 shooting deaths of Cyndi Williams, 33, and Lori Brown, 21, in Cobb County, northwest of Atlanta.
MoneyWatch
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Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
These 9 states are cutting income taxes in 2026. See where.
Income tax cuts are taking effect in multiple U.S. states on Jan. 1, 2026, a new analysis says.
OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
Politics
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Viral video prompts fraud probe at Minnesota day care centers
While many of the Minnesota day care centers in the video were cited and fined for safety violations, investigators previously found no evidence of fraud.
U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
Trump claims progress toward peace, but Russia signals more war ahead
Hours after Trump declares Russia and Ukraine "closer than ever" to peace, Moscow claims a failed drone strike will alter its negotiating position.
Trump says Hamas must disarm very soon or "there will be hell to pay"
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
HealthWatch
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HealthWatch
Advances in treatment for Alzheimer's disease
The number of Americans with Alzheimer's disease is expected to double from 7 million in 2020 to 14 million by 2060, according to the CDC. However, advances in treatment options are giving more people hope in slowing the decline. Dr. Jon LaPook breaks it down.
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
World
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U.S. military conducts 30th strike on alleged drug boat, killing 2
The U.S. military has hit at least 30 alleged drug vessels in the region since early September, killing 107 people.
Trump says U.S. hit "big facility" linked to alleged drug boats
President Trump said the U.S. hit a "big facility" last week linked to alleged drug boat operations, as tensions ratchet up with Venezuela.
Trump claims progress toward peace, but Russia signals more war ahead
Hours after Trump declares Russia and Ukraine "closer than ever" to peace, Moscow claims a failed drone strike will alter its negotiating position.
Trump says Hamas must disarm very soon or "there will be hell to pay"
Israeli Prime Minister Benjamin Netanyahu also announced President Trump will receive the Israel Prize for his work on peace negotiations.
Heavyweight boxing champ Anthony Joshua injured in Nigeria car crash
British heavyweight boxing champion Anthony Joshua was injured in a highway crash in Nigeria that killed two other people, Matchroom Boxing said.
Entertainment
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Beyoncé is now a billionaire, according to Forbes
The Grammy-winning artist Beyoncé became the fifth musician to achieve the wealth milestone, Forbes said Monday.
Actor accusing Tyler Perry exchanged texts with him years after alleged assault
Actor Mario Rodriguez alleged in the lawsuit filed last week in California that Tyler Perry sexually assaulted him during encounters between 2014 and 2019.
French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
MetroCard art: Swiping beauty from the mundane
On December 31, New York City will officially retire the transit system's MetroCard, that ubiquitous piece of plastic used to gain entrance onto subways and buses. But there is beauty in using MetroCards as the raw materials for art, as Thomas McKean has found in his collages and miniature sculptures depicting portraits of city life. Serena Altschul reports.
2025: The year's top books
"Sunday Morning" checks out the bestselling fiction and non-fiction of the past year.
Technology
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OpenAI hiring for head safety executive to mitigate AI risks
The company's investment in safety prevention comes amid growing concerns over the potential harm of artificial intelligence.
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
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.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Transcript from closed hearing for Charlie Kirk murder suspect released
A Utah judge has ordered the release of a transcript from a closed-door hearing in October over whether the man charged with killing Charlie Kirk must be shackled during court proceedings.
Photos show motorcycle collection tied to Olympian-turned-alleged-drug-kingpin
Authorities in Mexico have seized a large collection of motorcycles believed to be owned by Ryan Wedding, the former Olympian wanted for allegedly running a major drug trafficking operation.
Victim in Christmas shooting in Southfield never called 911, police say
Police investigating the Christmas Day deaths of two people at an apartment complex say neither the victim nor her friend ever called 911, despite a history of domestic violence in the victim's relationship.
DOJ: D.C. pipe bomb suspect confessed
The Virginia man accused of placing pipe bombs outside the DNC and RNC headquarters on the eve of the Jan. 6, 2021, Capitol riots has confessed, according to a new court filing. CBS News justice correspondent Scott MacFarlane has the details.
Homeland Security agents in Minneapolis investigating "rampant fraud"
Homeland Security agents were in Minneapolis on Monday "conducting a massive investigation on childcare and other rampant fraud," Secretary Kristi Noem said.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
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
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Shaq helps tall police recruit after failed exam
After completing the police academy earlier this year, 7-foot-3 Jordan Wilmore fell short of passing the state exam by one point. NBA legend Shaquille O'Neal learned about his story and offered his support. Jericka Duncan reports.
Young Americans weigh climate fears
Some young adults say their considering climate change and the future when deciding whether or not to have children. David Schechter reports.
Hero who disarmed Bondi Beach gunman speaks out
It's been two weeks since gunmen opened fire on a Hanukkah celebration in Sydney, Australia, killing 15 people and wounding 40 others. Amid the tragedy, an act of heroism stands out -- shopkeeper Ahmed al Ahmed tackled and disarmed one of the gunmen. Anna Coren has an exclusive interview.
Viral video prompts Minnesota day care probes
As Homeland Security agents were in Minnesota conducting what DHS Secretary Kristi Noem called a "massive investigation on childcare and other rampant fraud," many of their targets came not from tips from the FBI, but from a video posted on social media over the weekend. CBS Minnesota's Jonah Kaplan reports.
Bystander recounts deadly helicopter crash
Two pilots have died of their injuries after their helicopters crashed over New Jersey. CBS Philadelphia reporter Ray Strickland spoke to a woman who says she comforted one of the pilots after the chopper crashed outside her home.