Stock market soars after Trump announces pause latest tariffs
The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.
Stock Market
Americans ask about Trump's tariffs
CBS News journalists asked Americans around the U.S. about their biggest tariff-related questions. CBS News' Jill Schlesinger and Kelly O'Grady have answers.
Money experts give their advice
Is there any good news that have come from the implemented tariffs? CBS News' Jill Schlesinger and Kelly O'Grady give their thoughts and advice on how to respond to President Trump's tariffs.
Why did Trump reverse course on tariffs?
China, the world's second-largest economy, was the only country not included in President Trump's 90-day tariff pause on Wednesday. CBS News political director Fin Gómez is tracking the tariff response inside the West Wing.
Trump shifts focus to China in tariff fight
President Trump announced a 90-day pause on his reciprocal tariffs on Wednesday, with most nations getting a break except China, which is now facing a 125% levy. CBS News business analyst Jill Schlesinger has more.
Markets spike before close after tariff pause
Wall Street surged Wednesday after President Trump announced a 90-day pause on reciprocal tariffs for many countries. CBS News' Maurice DuBois anchors a special report.
What Trump has said about tariffs as stock market reacts
The Trump administration's imposition and walkback of tariffs has led to stock volatility and sparked worries of a global trade war and recession.
Trump speaks after announcing tariff pause
President Trump announced Wednesday he is increasing tariffs on China to 125% while suspending reciprocal tariffs "beyond" 10% on other U.S. trade partners for the next 90 days. Mr. Trump discussed the decision during an event in front of the White House. CBS News' Aaron Navarro, Taurean Small and Kelly O'Grady have more.
What is a bear market?
With Wall Street's roller-coaster ride continuing, "The Daily Report" analyzes why some experts are warning the U.S. could be heading toward a bear market across all major indexes. After that, Hilary Milnes, Americas editor at Vogue Business, joins "The Daily Report" to discuss the impact of tariffs on small businesses.
Stocks slide after Trump moves forward with 104% China tariff
The stock market shed gains after the Trump administration announced it was moving forward with stiff tariffs on Chinese imports.
China vows to fight Trump's tariff trade war "to the end"
As President Trump threatens China with even more tariffs, Beijing says it will never bow to "unilateral bullying," and "will fight to the end."
Why the stock market ended the day in the red
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.
Are trade deficits bad for the U.S. economy?
The Dow, Nasdaq and S&P 500 closed in negative territory Tuesday as investors continue to reel from President Trump's global tariffs. Martin Baccardax, senior editor and chief markets correspondent at TheStreet, joins "America Decides" to examine how the escalating trade war could impact the global economy and whether trade deficits are inherently bad.
Early morning stock rally fizzles out
A stock market rally fizzled by Tuesday's closing bell, with the Dow Jones wiping out a 1,400-point gain and all three major indexes closing in the red ahead of the midnight deadline for President Trump's sweeping tariffs. CBS News' Kelly O'Grady and Jennifer Jacobs have more.
Late-day stock losses amid tariff fallout
Tuesday was another volatile day for the markets as the Trump administration indicated it is taking calls from nearly 70 countries to negotiate on tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Asian markets are seeing slight stock gains
Some investors drove Asian market stocks up slightly, but the impact of President Trump's tariffs is still felt. Economic experts are bracing for months of volatility as the new trade policies take shape. CBS News' Ramy Inocencio reports.
Trump threatens to impose an additional 50% tariff on China
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
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.
The long and short-term impacts from tariffs
What do President Trump's sweeping tariffs mean for the average U.S. household? Ernie Tedeschi, director of economics at Yale University's Budget Lab, joins CBS News to discuss. Then, Kate Gulliver, chief financial officer at Wayfair, joins to explain what customers can expect moving forward.
Stocks end volatile day amid uncertainty
Monday was a rollercoaster day for the markets as investors looked to make sense of President Trump's tariff policies. CBS News MoneyWatch correspondent Kelly O'Grady explains.
Some billionaires turn on Trump after tariffs
Some influential business leaders who supported President Trump's return to the White House are expressing buyer's remorse as the fallout from Mr. Trump's sweeping tariffs continues. Julia Manchester, national political reporter for The Hill, and Dave Weigel, political reporter for Semafor, join "America Decides" to discuss.
Trump sticks with tariffs amid market turmoil
President Trump said Monday he was not considering a pause on tariffs as Wall Street and world markets saw continued volatility. CBS News' Aaron Navarro, Kelly O'Grady and Nikole Killion have the latest.
U.S. stock futures sag, overseas markets plunge as tariff turmoil continues
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Trump threatens China with more tariffs
President Trump on Monday threatened to impose an additional 50% tariff on imports from China if Beijing doesn't remove its retaliatory 34% import fee on American products. CBS News' Olivia Rinaldi and Jo Ling Kent join CBS News 24/7 with more.
Where markets stand days after tariff news
CBS News business analyst Jill Schlesinger breaks down what we're seeing from the markets Monday as President Trump reinforces his decision to impose sweeping tariffs on dozens of nations. "This is turbulence. This is uncertainty," CBS News business analyst Jill Schlesinger explained on CBS News 24/7. Plus, CBS News White House reporter Olivia Rinaldi brings us the latest from Washington, D.C.
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Trump safe after shots fired at White House Correspondents' Dinner; suspect in custody
President Trump was safely evacuated from the White House Correspondents' Dinner after shots were fired outside the ballroom of the Washington Hilton.
Trump says "it's a dangerous profession" after shots fired at dinner
President Trump was evacuated from the White House Correspondents' Dinner after shots rang out at the hotel where the event was taking place.
Live
Trump cancels Kushner, Witkoff trip to Pakistan for Iran talks
U.S. envoys Steve Witkoff and Jared Kushner were expected to head to Islamabad Saturday, but President Trump said later that his "representatives" would not be going.
What we know about the suspect in shooting at White House press dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
King Charles' U.S. visit to start Monday amid strained U.S.-U.K. relations
Britain's King Charles will be visiting the U.S. starting on Monday to mark America's 250th anniversary – his first trip since his coronation nearly three years ago.
Roommate faces murder charges in deaths of 2 doctoral students
A 26-year-old man is facing two counts of first-degree murder in the deaths of Zamil Limon and Nahida Bristy, according to authorities.
One Chicago police officer killed, second wounded in hospital shooting
Two Chicago police officers were shot inside Swedish Hospital in Chicago's Lincoln Square neighborhood on Saturday morning. One has since died.
How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
Mexico says 2 CIA agents killed in crash weren't authorized to participate in local raid
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
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What we know about the suspect in shooting at White House press dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
DNA found on a smoothie straw links suspect to teen's 1984 killing
After more than 40 years and three wrongful convictions, authorities says they have the man responsible for the 1984 Long Island killing of 16-year-old Theresa Fusco, who vanished after leaving her job at a local roller rink.
Live
Trump safe after shots fired at White House Correspondents' Dinner; suspect in custody
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
Mexico says 2 CIA agents killed in crash weren't authorized to participate in local raid
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
MoneyWatch
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Naval escorts will likely be needed when Strait of Hormuz reopens, Chevron CEO says
Commercial vessels face risks from mines and threats from land, Chevron's chief executive Mike Wirth said in an interview with "Face the Nation" moderator Margaret Brennan.
The Iran war's economic hit could linger through 2026, economists say
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Trump extends Jones Act waiver for another 90 days
The waiver lets international ships carry goods between U.S. ports and is aimed at lowering energy prices.
Trader Joe's customers sue over coffee's caffeine levels
Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.
IEA says Iran war will keep the natural gas market tight for two years
The conflict is expected to crimp global natural gas supplies due to damage to liquefied natural gas facilities in Qatar.
Politics
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What we know about the suspect in shooting at White House press dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Trump says "it's a dangerous profession" after shots fired at dinner
President Trump was evacuated from the White House Correspondents' Dinner after shots rang out at the hotel where the event was taking place.
Live
Trump safe after shots fired at White House Correspondents' Dinner; suspect in custody
President Trump was safely evacuated from the White House Correspondents' Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
Mexico says 2 CIA agents killed in crash weren't authorized to participate in local raid
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
Arizona sues to block proposed ICE detention facility near site with chemicals
DHS has faced opposition from cities and states where the federal government plans to open mass detention facilities.
HealthWatch
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A 13-year-old's kidney was failing. Then a stranger stepped in.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
Ben Sasse is on extended time. He credits "providence, prayer and a miracle drug."
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Exclusive
Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Medigap premiums leap, and consumers have few alternatives
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Food stamp work rules don't increase employment, researchers say
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
World
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Mexico says 2 CIA agents killed in crash weren't authorized to participate in local raid
The role of the two CIA agents, who were returning from destroying a clandestine drug lab in the northern Mexican state of Chihuahua, remains unclear.
Trump says he canceled Kushner, Witkoff trip for Iran talks: "We have all the cards"
President Trump cited wasted time and confusion over leadership, adding, "we have all the cards."
King Charles' U.S. visit to start Monday amid strained U.S.-U.K. relations
Britain's King Charles will be visiting the U.S. starting on Monday to mark America's 250th anniversary – his first trip since his coronation nearly three years ago.
Armed groups in Mali attack capital in possible coordinated effort, army says
Mali has been plagued by insurgencies fought by affiliates of al Qaeda and the Islamic State group.
U.S. strike on alleged drug boat kills 2 in eastern Pacific, military says
U.S. Southern Command shared a video showing a boat floating in the water before an explosion left it in flames.
Entertainment
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Entertainment
Frankie Grande on starring in "Titaníque"
Frankie Grande sits down with "CBS Saturday Morning" to discuss his starring role in Broadway's latest hit show "Titaníque," after originating the part in the show's Off-Broadway run.
Woman brings South Carolina town back to life
Darla Moore is a billionaire from Lake City, South Carolina, who saw an opportunity to revitalize her small hometown with ArtFields, a festival that transforms the town into a hub for Southern art and history.
Broadway star on role with Savannah Bananas
Tony-nominated Broadway actor Derek Klena sits down with "CBS Saturday Morning" to discuss his latest venture as a performer and player for the Savannah Bananas baseball team.
The Milk Carton Kids perform "A Friend Like You"
Grammy-nominated folk duo The Milk Carton Kids are out with their 7th studio album, "Lost Cause Lover Fool." Here they are performing "A Friend Like You."
The Milk Carton Kids perform "I'll Go Home From Here"
Grammy-nominated folk duo The Milk Carton Kids are out with their 7th studio album, "Lost Cause Lover Fool." Here they are performing "A Friend Like You."
Technology
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How the AI-driven data center boom is leading to skyrocketing energy bills
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
How data centers are impacting Americans
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul 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.
Sam Altman apologizes for not flagging authorities to mass shooter's ChatGPT account
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
Why phone-free parties are gaining popularity
Some young people are opting to go phone-free to live in the moment. USA Today youth mental health reporter Rachel Hale went to an underground, phone-free party in New York City and wrote about her experience. She tells "The Daily Report" about it.
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From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
60-foot octopus ruled the seas during age of dinosaurs, fossils show
New analyses of fossilized jaws reveal that massive, kraken-like octopuses once hunted alongside other marine predators.
Mysterious "golden orb" found in deep sea in 2023 is finally identified
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Salmon exposed to cocaine swim almost twice as far, study shows
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Crime
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What we know about the suspect in shooting at White House press dinner
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
Trump speaks on WHCA shooting | Special Report
President Trump took questions Saturday night after a shooting broke out at the White House Correspondents' Association Dinner. A 31-year-old suspect is in custody. CBS News' Carissa Lawson and Tony Dokoupil anchored this special report.
Details on correspondents' dinner security
The White House Correspondents' Dinner, with President Trump in attendance, ended in a shooting on Saturday. Officials identified the suspect as 31-year-old Cole Allen of Torrance, California. CBS News' Nancy Cordes and Sam Vinograd have more.
WHCA president on shooting
CBS News' Ed O'Keefe speaks with Weijia Jiang, the president of the White House Correspondents' Association, about her experience during Saturday night's shooting.
Charges announced for D.C. shooting suspect
U.S. Attorney for the District of Columbia Jeanine Pirro announced charges for the suspect in the White House Correspondents' Dinner shooting on Saturday.
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Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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The Killing of Theresa Fusco
Nearly 41 years after a New York teenager is killed, an unexpected breakthrough in the case. "48 Hours" correspondent Erin Moriarty reports.
Trump speaks on WHCA shooting | Special Report
President Trump took questions Saturday night after a shooting broke out at the White House Correspondents' Association Dinner. A 31-year-old suspect is in custody. CBS News' Carissa Lawson and Tony Dokoupil anchored this special report.
Details on correspondents' dinner security
The White House Correspondents' Dinner, with President Trump in attendance, ended in a shooting on Saturday. Officials identified the suspect as 31-year-old Cole Allen of Torrance, California. CBS News' Nancy Cordes and Sam Vinograd have more.
WHCA president on shooting
CBS News' Ed O'Keefe speaks with Weijia Jiang, the president of the White House Correspondents' Association, about her experience during Saturday night's shooting.
Charges announced for D.C. shooting suspect
U.S. Attorney for the District of Columbia Jeanine Pirro announced charges for the suspect in the White House Correspondents' Dinner shooting on Saturday.