Big tech stocks dip lower
The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
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The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
President Trump warned Walmart against raising prices on Saturday, telling the nation's biggest retailer and grocer to "eat the tariffs." His post comes two days after Walmart's CEO said prices could rise amid Mr. Trump's trade war with China and other nations. Willie James Inman reports.
U.S. wholesale prices unexpectedly fell in April, marking the largest monthly drop since the start of the pandemic in 2020. CBS News contributor J.D. Durkin has more.
Federal Reserve Chair Jerome Powell warned about the possibility of higher long-term interest rates amid more frequent "supply shocks." CBS News business contributor Javier David breaks it down.
Helicopter crashes into river in New York City; Dow tumbles 1,000 points after historic rally
The April consumer price index, a key gauge of U.S. inflation, came in slightly lower than economists expected at 2.3% in April, but was still higher than the Federal Reserve's 2% goal. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones dipped on Tuesday, but Big Tech stocks saw gains as CEOs joined President Trump on his trip to Saudi Arabia. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump to sign executive order aimed at revitalizing the coal industry; Scientists claim to successfully revive once extinct Dire wolf.
President Trump holds a call with the acting president of South Korea to discuss a potential tariff deal; In shrinking rural towns, these Texas high schools are teaming up to stay alive.
Stocks rebounding after wild day on Wall Street; Supreme Court lifted a federal judge's order that blocked the Trump administration from using the Alien Enemies Act to deport migrants to El Salvador.
The U.S. and China have agreed to reduce tariffs on each other's imports for 90 days after Trump administration officials held trade talks with their Chinese counterparts in Switzerland over the weekend. CBS News' Kelly O'Grady and Olivia Rinaldi report.
Stocks surged Monday after the U.S. and China announced an agreement that significantly eases tariffs for 90 days. Idrees Kahloon, Washington bureau chief for The Economist, joins "America Decides" to unpack the deal and its economic consequences.
The U.S. and China have agreed on a temporary but significant easing of tariffs as trade talks progress. CBS News MoneyWatch correspondent Kelly O'Grady explains how the markets reacted.
Markets spiked on Monday after the U.S. and China announced an agreement to reduce tariffs for 90 days. CBS News contributor JD Durkin has more.
President Trump says he will impose new tariffs on China if Xi Jinping does not withdraw retaliatory tariffs; Stocks tumble as global markets feel the impact of Trump tariffs.
Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.
Stocks on Wall Street down after market open amid tariff anxiety; Alex Ovechkin breaks Wayne Gretzky's NHL goals record with 895th of his career.
In a post on social media, President Trump said he'd be open to raising taxes on rich people as part of negotiations over his "big beautiful bill." CBS News' Nikole Killion and Kelly O'Grady have the latest.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Stock market tumbles over tariffs as President Trump defends move; Final Four face off in men's and women's NCAA basketball tournament.
President Trump announced a trade deal Thursday expanding U.S. market access in the U.K. Although many agreement details still need to be worked out, Mr. Trump says his administration could soon announce more deals with other nations. Martin Baccardax, senior editor and markets correspondent for TheStreet, joins "America Decides" with analysis.
Stocks jumped Thursday as President Trump unveiled a trade deal with the U.K. It marks the first major agreement since the president slapped tariffs on nearly all U.S. trade partners. CBS News contributor JD Durkin joins from the New York Stock Exchange with the latest.
The Federal Reserve held interest rates steady on Wednesday, going against President Trump's repeated calls for cuts. CBS News' Jo Ling Kent and Weijia Jiang have the latest.
The Federal Reserve held interest rates steady on Wednesday as policymakers assessed the economic impact of President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.