Stock market whipsaws as Trump makes new China threat
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
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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.
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.
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.
Investors are concerned about President Trump's plans to roll out new tariffs on April 2, which economists say could reignite inflation.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
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.
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
What's the best place to park your money? Americans put their faith in this long-term investment, a new Gallup poll shows.
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Wall Street ended 2023 on a high note, and a group of companies known as the "Magnificent Seven" dominated. David Kass, professor of finance at the University of Maryland, joins CBS News to discuss if the outsized success of so few companies poses a risk to the economy.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Signs that inflation is continuing to cool helped propel Wall Street to its strongest month in more than a year.
The Dow Jones, the S&P 500 and the Nasdaq closed in the green Friday, as investors reacted to negotiators making progress in the debt ceiling standoff. Javier David, Axios managing editor for business and markets, and J.D. Durkin, host of TheStreet, joined CBS to explain what the numbers mean for investors and the economy.
Stocks closed higher Tuesday as Federal Reserve officials begin meeting to discuss inflation and potential interest rate hikes. Advisors Capital Management portfolio manager JoAnne Feeney joins CBS News to break down what upcoming changes could mean for investors.
The index giant also said it is stripping Russia of its "emerging market" designation given the "deterioration" in its markets.
CBS News confirms federal investigators are looking into a potential safety defect in some airbags in more one million vehicles, Starbucks is rolling out a wireless phone charging program -- and more. Jill Wagner reports on the day's top financial stories.
Some big changes to United Airlines' frequent flyer program, P.F. Chang's restaurant chain is investigating a possible customer data breach -- and more. Jill Wagner reports on the day's top financial stories.
The leaders of ICE, CBP and USCIS are set to testify before the House Homeland Security Committee on Tuesday.
International Olympic Committee bars a Ukrainian skeleton racer from wearing a helmet showing images of fellow athletes killed in Russia's invasion.
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
"Today" show co-host Savannah Guthrie issued a plea for the public's help on Monday at what she called "an hour of desperation" in the search for her mother, Nancy.
A Maryland mother is planning to self-deport after she was taken into ICE custody, causing her to miss her son's death.
King Charles II says the royal family will support U.K. police as they look into a report that the monarch's brother Andrew shared secret info with Epstein.
Experts say Affordable Care Act sign-up data won't be clear until people who were enrolled have paid — or not — their new, often much higher, premiums.
Hockey star Laila Edwards said she's "just so thankful" to represent Team USA at the Winter Olympics, making her historic debut on the ice Thursday.
Chappell Roan says she's left her talent agency after its CEO, Casey Wasserman, was named in files related to late convicted sex offender Jeffrey Epstein.
The stowaway was first spotted as a barge was tugged into San Juan's Old Army Terminal port. Then officials saw them in the water.
Hockey star Laila Edwards said she's "just so thankful" to represent Team USA at the Winter Olympics, making her historic debut on the ice Thursday.
Cleveland Browns quarterback Deshaun Watson has had the final two of nearly 30 civil lawsuits against him dismissed.
Warren and Hawley don't agree on much, but they've found common ground on health care and affordability.
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
ChatGPT will clearly distinguish between ads and answers to user prompts on the AI platform, according to OpenAI.
Taming runaway U.S. beef prices will require more than stepping up imports, economists said. Here's the key to cutting costs.
New items, such as a strawberry matcha loaf, represent the chain's latest effort to boost sales as part of its "Back to Starbucks" campaign.
Olympic medals have what's known as a "melt value." But they're worth far more financially than their mineral contents, an auction expert notes.
Warren and Hawley don't agree on much, but they've found common ground on health care and affordability.
Democratic leaders a say White House proposal doesn't make the grade as they demand new restrictions on ICE and threaten a shutdown of the Homeland Security Department.
Chappell Roan says she's left her talent agency after its CEO, Casey Wasserman, was named in files related to late convicted sex offender Jeffrey Epstein.
The leaders of ICE, CBP and USCIS are set to testify before the House Homeland Security Committee on Tuesday.
The U.S. military struck its 39th alleged drug-carrying boat on Monday, killing two people and leaving one survivor who is now the focus of a search-and-rescue effort.
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Experts say Affordable Care Act sign-up data won't be clear until people who were enrolled have paid — or not — their new, often much higher, premiums.
Ballad Health, the nation's largest state-sanctioned hospital monopoly, plans to rebuild Unicoi County Hospital in Tennessee on land that two climate modeling companies say is at risk of flooding.
Becca Valle, then 37, enrolled in a cutting-edge clinical trial after surgery removed an aggressive tumor from her brain.
More than three dozen cases of death cap mushroom poisonings have been reported in California since November, health officials said.
King Charles II says the royal family will support U.K. police as they look into a report that the monarch's brother Andrew shared secret info with Epstein.
International Olympic Committee bars a Ukrainian skeleton racer from wearing a helmet showing images of fellow athletes killed in Russia's invasion.
Marius Borg Hoiby, Crown Princess Mette-Marit's 29-year-old son, is on trial facing 38 charges, including raping four women and assaults against ex-girlfriends.
Authorities said that five of the 10 missing workers have been identified among 10 bodies found in clandestine graves.
U.S. Olympian Hunter Hess said "there is so much that is great about America, but there are always things that could be better," a day after President Trump lashed out at him.
Chappell Roan says she's left her talent agency after its CEO, Casey Wasserman, was named in files related to late convicted sex offender Jeffrey Epstein.
Just 30 seconds of highly coveted commercial airtime during the Super Bowl costs as much as $10 million, according to CBS News MoneyWatch. Bill Pearce, marketing faculty member at The University of California, Berkeley, joins to discuss some of the ads from Super Bowl LX.
Bad Bunny's historic Super Bowl halftime show included superstar surprise guests and a message of unity and cultural celebration. While many praised the performance, President Trump took to social media to criticize the show. CBS News political director Fin Gómez joins with analysis.
The Super Bowl is a football game, an entertainment spectacle, a global billboard and a crucible of American political discord. CBS News chief Washington correspondent Major Garrett explains.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
Instagram's parent company Meta and Google's YouTube dispute claims that their platforms deliberately addict and harm children.
Opening statements began Monday in Los Angeles in a landmark trial over alleged social media addiction in children. CBS News correspondent Carter Evans has the details.
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.
ChatGPT will clearly distinguish between ads and answers to user prompts on the AI platform, according to OpenAI.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"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.
Jury selection begins in the murder trial of a Utah woman who wrote a self-help book about grief after her husband died from a drug overdose. Prosecutors allege Kouri Richins gave her husband the deadly drug, which she denies. Carter Evans reports.
The stowaway was first spotted as a barge was tugged into San Juan's Old Army Terminal port. Then officials saw them in the water.
Ghislaine Maxwell, the longtime associate of convicted sex offender Jeffrey Epstein, refused to respond to House Oversight and Government Reform Committee questions on Monday. This comes as lawmakers begin to review the unredacted files from the latest release of files related to Epstein. CBS News' Taurean Small reports.
"Today" show co-host Savannah Guthrie again issued a call for help as the search for her missing mother, Nancy Guthrie, stretches into a second week. Her plea was posted to social media several hours before the possible abductor's second deadline in an apparent ransom note.
The search for Nancy Guthrie, Savanna Guthrie's mother, continues on Day 10. This comes as the deadline from an alleged ransom note has passed. CBS News' Bradley Blackburn reports, and Chip Massey, a former FBI special agent, joins with more on the potential investigation.
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
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.
Jury selection begins in the murder trial of a Utah woman who wrote a self-help book about grief after her husband died from a drug overdose. Prosecutors allege Kouri Richins gave her husband the deadly drug, which she denies. Carter Evans reports.
Opening statements began Monday in Los Angeles in a landmark trial against Meta and Google, marking the first time these companies are facing a jury. The social media giants are accused of intentionally designing their products to be addictive in a way that is harmful for teens.
Ghislaine Maxwell, the longtime associate of convicted sex offender Jeffrey Epstein, refused to respond to House Oversight and Government Reform Committee questions on Monday. This comes as lawmakers begin to review the unredacted files from the latest release of files related to Epstein. CBS News' Taurean Small reports.
Members of Congress were given their first chance on Monday to look at any of the millions of pages of unreleased, unredacted Epstein case files, but said viewing the files is now raising more questions, including the possibility that other people are implicated in possible crimes. FBI director Kash Patel has previously said there's no evidence anyone other than Jeffrey Epstein is implicated. Scott MacFarlane reports.
"Today" show co-host Savannah Guthrie again issued a call for help as the search for her missing mother, Nancy Guthrie, stretches into a second week. Her plea was posted to social media several hours before the possible abductor's second deadline in an apparent ransom note.