Stock market slides on mounting fears over U.S. economic growth
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
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Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Markets opened Thursday with the Dow dropping more than 500 points after the opening bell as countries and businesses continue to grapple with President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The stock market has swung wildly since President Trump placed 25% tariffs on Canada and Mexico. Here's what to know about your 401(k).
The S&P lost all post-Election Day gains as stocks tumbled for a second day Tuesday amid President Trump's trade war. Mr. Trump addressed the market and detailed his plan for tax cuts during his remarks to Congress. CBS News contributor and Dallas Morning News business editor Javier David has more.
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and Canada. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
President Trump's plan to impose 25% tariffs on nearly all goods imported from Canada and Mexico is set to take effect Tuesday. The president also plans to impose an additional 10% tariff on Chinese imports. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The U.S. will impose 25% tariffs on imports from Canada and Mexico starting Tuesday. Tariffs on goods from China will increase from 10% to 20%. Kelly O'Grady, CBS News MoneyWatch correspondent, and Sarah McGregor, managing editor for Bloomberg News' national desk, join "America Decides" with analysis.
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.
The Federal Reserve's key measure of inflation cooled slightly in January. The personal consumption expenditures price index, which measures price changes for consumers, rose .3% since last month and 2.5% since this time last year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The stock market closed out the week with the worst day of 2025. The losses are coming amid growing concerns about economic growth. Elise Preston reports on how Americans are reacting.
Stocks fell sharply after reports signaled concerns that President Trump's policies could be impacting the U.S. economy.
U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.
Trump to sign 3 executive orders on transgender service members and DEI in military; Chinese AI startup DeepSeek sends U.S. stocks plunging.
President Trump announced he's delaying tariffs against two of America's closest trading partners, Mexico and Canada, after speaking with the nations' leaders Monday. Trump is also setting his sights on overhauling the U.S. Agency for International Development, which oversees humanitarian aid programs. CBS News' Weijia Jiang and Kelly O'Grady have more.
Dow Jones Industrial Average tumbles amid fears of trade war that could crimp profits and hurt U.S. consumers.
China on Monday unveiled its DeepSeek artificial intelligence, shocking the U.S. tech sector and sending chip-maker Nvidia's stock tumbling. Anna Coren reports.
The artificial intelligence arms race has a new competitor out of China. A new AI app made by Chinese tech startup DeepSeek appears to be better and significantly cheaper than its American counterparts. Christine Mui, tech reporter for Politico, joins "America Decides" to unpack why the app rollout has created a frenzy in the U.S.
Tech stocks plummeted Monday as investors raised concerns about advancements in Chinese artificial intelligence. Last week, the Chinese company DeepSeek released R1, an AI model similar to ChatGPT that costs significantly less to develop. CBS News contributor JD Durkin joins "The Daily Report" to examine the stock market's response.
A Chinese AI company called DeepSeek is sending a shock wave through Wall Street. Margaret Brennan explains.
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
The U.S. stock market took a significant dip on Friday, fueled by a selloff in tech stocks. CBS News contributor Javier David breaks it down and looks ahead to 2025.
2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O'Grady looks back on the biggest economic and business stories of the year.