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.
The U.S. stock market suffered big losses on Tuesday following President Trump's threat to impose new tariffs on European allies over his bid to acquire Greenland. CBS News senior business and technology correspondent Jo Ling Kent has more.
Markets closed in the red on Tuesday amid President Trump's tariff threats against European countries for opposing his aim to acquire Greenland. Dr. Sumantra Maitra, fellow at the Royal Historical Society, joins with analysis.
Stock markets opened in the red for the first time since President Trump threatened tariffs against European nations who oppose his plans to take over Greenland. Joe Ciolli, an executive editor at Business Insider, joins CBS News with more.
The Dow Jones fell nearly 400 points on Tuesday as traders reacted to President Trump's proposal to cap credit card interest rates at 10% for one year. Kristin Myers, ETF editor-in-chief at Asset TV, joins to discuss how the plan could impact borrowers if implemented.
White House National Economic Council Director Kevin Hassett is weighing in on a potential Justice Department probe into Federal Reserve Chair Jerome Powell. CBS News contributor Javier E. David has more on how the markets are reacting.
Stock markets rallied as more news emerges about potential investment opportunities in Venezuela. Kristin Myers, the ETF editor-in-chief for Asset TV, joins with more.
Banks, post offices and major stock exchanges will be closed in observance of the federal holiday, but some stores are open.
Most major retailers and grocery stores will be open on New Year's Eve, although some will have reduced hours.
With just one day left of trading before the new year, CBS News is taking a look at where things stand today and what might be driving the markets in 2026. Dallas Morning News business editor Javier David joins with more.
The "Santa Claus rally" that is occurring in the stock market after the holidays is setting up an optimistic view among investors as 2026 begins. Phil Luck, a director at the Center for Strategic and International Studies, joins CBS News to explain.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Some Americans enjoyed massive gains in the stock market during 2025, while others cut corners as prices grew higher. CBS MoneyWatch correspondent Kelly O'Grady has more on the U.S. economy as 2026 approaches.
Many businesses adjust their hours on Christmas Eve, so it's best to plan ahead if you need to do any last-minute shopping.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
Major stock markets ended in the red as December began, but spending among Americans during the Black Friday and Cyber Monday weekend was impressive. CBS News contributor J.D. Durkin has more.
The stock market is reacting to a new jobs report from September and Nvidia's latest earnings report. CBS News' Kelly O'Grady reports.
The delayed September jobs report beat expectations with 119,000 jobs added among employers, but the unemployment rate still rose. CBS News' Kelly O'Grady reports.
Nvidia's latest earnings report appears to dispel some of the fears about a potential artificial intelligence bubble in the stock market. CBS MoneyWatch correspondent Kelly O'Grady reports.
Chipmaker Nvidia is set to release its latest financial results on Wednesday as investors anxiously await. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
All three major market indexes continued a fourth day of sell-offs on Tuesday over concerns about artificial intelligence-related stocks. Paul La Monica, senior markets analysis writer at Barron's, joins "The Daily Report" to break it down.
The Dow Jones Industrial Average ended another day in the red on Tuesday, down nearly 500 points. A tech stock slump drove the losses, fueled by growing fears of an AI bubble. Brody Ford, Bloomberg technology reporter, breaks it down.
The stock market has stumbled on concerns that the surge in artificial intelligence stocks could echo the dot-com bubble.
U.S. stocks slumped in early trading on Tuesday as Wall Street questions the strength of AI-led rally.
The Dow, S&P 500 and Nasdaq all dropped around 1% at Monday's close. It comes as tech giants and retailers are set to release earnings reports. CBS News business analyst Jill Schlesinger explains what it means for your wallet.
Iran's military says it's trained and ready for any new U.S. assault as Trump predicts a "long talk" about the war with China's President Xi in Beijing.
Utah mom Kouri Richins was sentenced to life without the possibility of parole on Wednesday, after a jury convicted her of murder and other charges in her husband's 2022 death.
Alex Murdaugh was convicted of his killing his wife and his son at the family's home in 2021.
President Trump's meeting with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. farmland, citing national security concerns.
Israeli Prime Minister Benjamin Netanyahu recently made a secret visit to the United Arab Emirates, where he met with President Mohammed bin Zayed, sources told CBS News.
Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.
The Trump administration is also warning states to crack down on Medicaid fraud or risk losing funding for their anti-fraud units.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Speaker Mike Johnson and Minority Leader Hakeem Jeffries are preparing to announce a bipartisan task force aimed at addressing how sexual misconduct claims are handled within the House of Representatives, multiple sources confirm to CBS News.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
Utah mom Kouri Richins was sentenced to life without the possibility of parole on Wednesday, after a jury convicted her of murder and other charges in her husband's 2022 death.
The Senate voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump.
Speaker Mike Johnson and Minority Leader Hakeem Jeffries are preparing to announce a bipartisan task force aimed at addressing how sexual misconduct claims are handled within the House of Representatives, multiple sources confirm to CBS News.
Israeli Prime Minister Benjamin Netanyahu recently made a secret visit to the United Arab Emirates, where he met with President Mohammed bin Zayed, sources told CBS News.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.
The Senate voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
A Chinese manufacturing giant tells CBS News how its sprawling factory runs with a fraction of the human workforce previously required.
President Trump's meeting with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. farmland, citing national security concerns.
Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.
The Senate voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump.
Georgia lawmakers will return to the Capitol on June 17 for a special session focused on redistricting.
Speaker Mike Johnson and Minority Leader Hakeem Jeffries are preparing to announce a bipartisan task force aimed at addressing how sexual misconduct claims are handled within the House of Representatives, multiple sources confirm to CBS News.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
This marks the longest decline in overdose deaths in decades, according to preliminary government data.
Alzheimer's Association CEO and president Joanne Pike shares some recommendations on which foods to eat, and which foods to limit, for better brain health. (Sponsored by the Alzheimer's Association.)
A recent survey by the Alzheimer's Association found most adults think maintaining brain health is very important, but they don't know what steps to take. (Sponsored by the Alzheimer's Association.)
Daily physical activity is one of the important steps to building healthy habits to lower the risk of dementia. As part of a three-part series, "Brain Health: From Awareness to Action," Alzheimer's Association President and CEO Joanne Pike joins "CBS Mornings" with tips on incorporating exercise into your routine as part of their "(re)think your brain" initiative. Learn more about their "6-Step Challenge" at rethinkyourbrain.org (Sponsored by the Alzheimer's Association)
President Trump's meeting with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. farmland, citing national security concerns.
Israeli Prime Minister Benjamin Netanyahu recently made a secret visit to the United Arab Emirates, where he met with President Mohammed bin Zayed, sources told CBS News.
The Senate rejected another attempt by Democrats to limit President Trump's ability to use military force against Iran, but one new Republican senator voted in favor of advancing the measure.
A black bear killed a man working for a Canadian uranium exploration and acquisition company in Saskatchewan.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Actor Geena Davis talks about starring in the new series "The Boroughs," if there are parallels between herself and the character she plays, and why she's drawn to supernatural projects. She also addresses representation in the entertainment industry.
The action movie "Top Gun," starring Tom Cruise, was released 40 years ago. To celebrate its anniversary, the film and its sequel, "Top Gun: Maverick," are returning to AMC theaters nationwide for one week. Vladimir Duthiers reports.
Kelly Reilly and Cole Hauser, the stars and executive producers of "Dutton Ranch," sit down with "CBS Mornings" to talk about reprising their "Yellowstone" roles for the series spinoff. The series premieres May 15 on Paramount+.
Pop singer accuses electronics manufacturer Samsung of using a copyrighted image of her face to sell TVs.
Annette Bening talks about starring in the "Yellowstone" spinoff "Dutton Ranch," why she wanted to play her character and learning to ride a horse for the role.
As smartphones become more advanced, are batteries keeping up? CNET senior mobile expert Abrar Al-Heeti joins to explain how you can improve your phone's battery life.
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
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 delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Josh Tyrangiel, a producer, journalist and author, breaks down the potentially positive uses of artificial intelligence amid concerns. Tyrangiel explains how AI can help solve meaningful problems and breaks down its use in schools.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A judge on Wednesday sentenced Kouri Richins, a Utah mom who wrote a book about grief, to life without parole for the murder of her husband. CBS News' Shanelle Kaul has the latest.
Utah mom Kouri Richins was sentenced to life without the possibility of parole on Wednesday, after a jury convicted her of murder and other charges in her husband's 2022 death.
The South Carolina Supreme Court overturned the murder convictions against Alex Murdaugh and ordered a new trial. Murdaugh was found guilty in 2023 of killing his wife and son in 2021. The court questioned "improper" conduct by the county clerk, Becky Hill, who later wrote a book about her time working on the trial. CBS News legal contributor Jessica Levinson has more.
Alex Murdaugh was convicted of his killing his wife and his son at the family's home in 2021.
Lady Pachar was shot that day while traveling by car to a gym in the southwestern city of Machala.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
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.
As smartphones become more advanced, are batteries keeping up? CNET senior mobile expert Abrar Al-Heeti joins to explain how you can improve your phone's battery life.
A judge on Wednesday sentenced Kouri Richins, a Utah mom who wrote a book about grief, to life without parole for the murder of her husband. CBS News' Shanelle Kaul has the latest.
Vice President JD Vance took questions from reporters Wednesday after announcing new anti-fraud initiatives.
Kevin Warsh was confirmed by the Senate on Wednesday as the next Federal Reserve chair. Warsh will succeed Jerome Powell, whose term ends Friday. CBS News' Caitlin Huey-Burns has more.
Vice President JD Vance was asked Wednesday about a potential 2028 pairing with Secretary of State Marco Rubio on a run for president. See the moment.