Stocks slide after Trump threatens European allies with tariffs
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
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U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
U.S. Treasury Secretary Scott Bessent announced the creation of a new IRS task force and other measures to combat fraud, underscoring the Trump administration's focus on Minnesota amidst the immigration crackdown.
This week on "Face the Nation with Margaret Brennan, amid President Trump and Treasury Secretary Scott Bessent's trip to Asia, Bessent joins to discuss the Chinese tariffs, the TikTok deal and the government shutdown at home. Plus. House Minority Leader Hakeem Jeffries joins to discuss the government shutdown.
Treasury Secretary Scott Bessent also said Ray Dalio, the founder of the hedge fund Bridgewater Associates, will donate to the Trump accounts initiative.
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
The U.S. has imposed sanctions on three nephews of Venezuelan President Nicolás Maduro and half a dozen shipping vessels accused of transporting Venezuelan oil.
The Trump administration ramped up immigration activity in Minnesota amid allegations that pandemic relief money made its way to Somali-based al Qaeda affiliate al Shabaab. CBS News' Tom Hanson has more details.
Missed the second half of the show? Rep. Jim Himes and former FDA Commissioner Scott Gottlieb join.
Treasury Secretary Scott Bessent predicted on "Face the Nation with Margaret Brennan" that it will be a "strong holiday season" despite some major toy companies noting higher prices due to tariffs and inflation. "The economy has been better than we thought," Bessent said, adding "we've had the 4- 4% GDP growth in a couple of quarters."
In 2023, two IRS employees came forward and alleged the Justice Department was improperly handling the tax fraud case against Hunter Biden. Now, they have a new book out called "The Whistleblowers vs. The Big Guy." Whistleblower Joseph Ziegler joins to discuss.
On Day 37 of the longest government shutdown in U.S. history, stocks were down across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
On Day 37 of the longest government shutdown in U.S. history, stocks plummeted across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
U.S. Treasury Secretary Scott Bessent said Thursday that China has approved a TikTok transfer deal. CBS News White House reporter Willie James Inman has more.
With President Trump and Treasury Secretary Scott Bessent on a trip to Asia, Bessent told "Face the Nation with Margaret Brennan" that the TikTok deal will be finalized by Thursday. Bessent also said additional 100% tariffs with China are "effectively off the table" after the two-day meeting.
This week on "Face the Nation with Margaret Brennan," amid President Trump and Treasury Secretary Scott Bessent's trip to Asia, Bessent joins to discuss the Chinese tariffs, the TikTok deal and the government shutdown at home. Plus. House Minority Leader Hakeem Jeffries joins to discuss the government shutdown.
The Trump administration on Friday announced sanctions on Colombian President Gustavo Petro and his family members, accusing the leader of having "allowed drug cartels to flourish." CBS News White House reporter Willie James Inman has the latest.
Treasury Secretary Scott Bessent has announced new sanctions against Russia's two biggest oil companies and blasted Moscow's refusal to end its "senseless war."
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer warned on Wednesday that China's new trade rules are part of an apparent effort to control the world's supply chains. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to assess how the government shutdown could affect the economy.
According to Treasury Secretary Scott Bessent, the Trump administration and China have a framework for a deal to keep TikTok operational in the U.S. CBS News senior business and technology correspondent Jo Ling Kent has more.
Kyle Handley, an economist and adjunct scholar at the Cato Institute, joins CBS News to discuss the latest on tariffs and trade deals.
As tensions remain high between the White House and the central bank, a Republican congresswoman is hitting Federal Reserve Chair Jerome Powell with a criminal referral to the Justice Department. CBS News MoneyWatch correspondent Kelly O'Grady joins to examine the disconnect between the Trump administration and the Fed.
Treasury Secretary Scott Bessent said in a Cabinet meeting that tariff hikes have already helped the U.S. "We will have taken in about $100 billion in tariff income this far this year," Bessent said. The comment comes as the White House increases pressure on certain trade partners to make deals with the U.S. CBS News MoneyWatch correspondent Kelly O'Grady has the latest updates on how markets are responding.
EU said it was prepared to retaliate with tariffs on hundreds of American products, from U.S. beef, auto parts and beer to Boeing airplanes.
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
President Trump is joining the White House press briefing to mark one year since his second inauguration.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
Trump says the U.K. decision to hand a strategic island to Mauritius, which he previously supported, was stupid, and justification for his attempt to acquire Greenland.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
More than 10 countries have signed on for President Trump's "Board of Peace" for Gaza, sources familiar with the discussions told CBS News.
Hawaii enacted a rule that bars people from bringing guns onto private property that is open to the public, like shops or gas stations, unless the owner gives express authorization.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
An assistant for "Queer Eye" star Karamo Brown told "CBS Mornings" he would not be joining Tuesday's interview with the cast ahead of the release of the series' 10th and final season.
Hawaii enacted a rule that bars people from bringing guns onto private property that is open to the public, like shops or gas stations, unless the owner gives express authorization.
President Trump is joining the White House press briefing to mark one year since his second inauguration.
More than 10 countries have signed on to join President Trump's "Board of Peace" for Gaza, sources familiar with the discussions told CBS News.
GOP Rep. Julia Letlow is jumping into the Louisiana Senate race after President Trump encouraged her to challenge Sen. Bill Cassidy in the state's primary.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the good ol' USA."
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Hawaii enacted a rule that bars people from bringing guns onto private property that is open to the public, like shops or gas stations, unless the owner gives express authorization.
President Trump is joining the White House press briefing to mark one year since his second inauguration.
More than 10 countries have signed on to join President Trump's "Board of Peace" for Gaza, sources familiar with the discussions told CBS News.
As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."
GOP Rep. Julia Letlow is jumping into the Louisiana Senate race after President Trump encouraged her to challenge Sen. Bill Cassidy in the state's primary.
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
"There are many people who are very sad for the victims of this terrible accident, but there were also many who survived, like the miracle of the girl who is safe," the mayor said.
More than 10 countries have signed on to join President Trump's "Board of Peace" for Gaza, sources familiar with the discussions told CBS News.
As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."
A new study finds that warming temperatures are causing Antarctic penguins to breed earlier, threatening some species with extinction by century's end.
Ancient messages and drawings are among hundreds of inscriptions that archaeologists recently uncovered on a wall in Pompeii.
An assistant for "Queer Eye" star Karamo Brown told "CBS Mornings" he would not be joining Tuesday's interview with the cast ahead of the release of the series' 10th and final season.
Actor and comedian Bert Kreischer stars in the new comedy series "Free Bert," where he plays a fictional version of himself. He speaks to "CBS Mornings" about the series, which was inspired by his own family, and why the show almost didn't happen.
The cast of the series "Queer Eye" talks to "CBS Mornings" about a member of the show's absence, the series' legacy ahead of its 10th and final season and how it has impacted them.
Acclaimed fashion designer Valentino Garavani, known simply as Valentino, has died at age 93. Seth Doane looks back at his life and legacy.
Billy Bob Thornton joins "CBS Mornings" to discuss the second season of the hit series "Landman," which he stars in as oil executive Tommy Norris. Thornton talks about his immediate chemistry with Ali Larter and why the show resonates with viewers.
"Sunday Morning" looks back at historical events on this date.
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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.
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
Aimee Bock, who has been called the "mastermind" behind a major fraud case in Minnesota, spoke with CBS News Minnesota's Jonah Kaplan from her jail cell about her alleged crimes.
The Trump administration is navigating multiple lawsuits surrounding federal immigration raids in Minnesota. CBS News' Camilo Montoya-Galvez reports.
The woman prosecutors say was the "mastermind" of Minnesota's biggest COVID-era fraud scheme is speaking exclusively with CBS News. Last year, Aimee Bock was convicted of orchestrating a $250 million plot to defraud a government program to feed hungry children. In a video call from her Minnesota jail cell, Bock defended her actions while also admitting regrets.
Authorities released an image from the operation, showing a naval helicopter hovering above a vessel with packages laid out on the deck.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
Virgin Galactic is sending its first all-female crew to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
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.
Mikie Sherrill became New Jersey's first female Democratic governor Tuesday as she was sworn into office to lead the Garden State. CBS News' Shanelle Kaul has more.
President Trump is set to present his "Board of Peace" charter for signatures in Davos this week. CBS News contributor Robert Berger has more details.
The Supreme Court released three unanimous opinions on Tuesday, but has yet to release one on a case about President Trump's tariffs. CBS News legal contributor Jessica Levinson has more details.
Actor and comedian Bert Kreischer stars in the new comedy series "Free Bert," where he plays a fictional version of himself. He speaks to "CBS Mornings" about the series, which was inspired by his own family, and why the show almost didn't happen.
Brooklyn Peltz Beckham made claims on social media about his parents, David and Victoria, being controlling. CBS News' Shanelle Kaul breaks it down.