Stocks fall after Trump's Canada tariff threat
Stocks tumbled on Friday after President Trump threatened to slap a 35% tariff on Canadian goods. CBS News MoneyWatch correspondent Kelly O'Grady reports.
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Stocks tumbled on Friday after President Trump threatened to slap a 35% tariff on Canadian goods. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Artificial intelligence giant Nvidia became the first company to surpass a $4 trillion market valuation on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
President Trump announced a new 50% tariff on copper in a Cabinet meeting on Tuesday as the White House continues to threaten new tariffs on trading partners. CBS News MoneyWatch correspondent Kelly O'Grady has the latest updates.
President Trump conducted a Cabinet meeting in front of cameras on Tuesday and took questions on his new deadline of Aug. 1 to impose tariffs on over a dozen nations. CBS News' Ed O'Keefe and Kelly O'Grady have the latest.
The Dow Jones closed down over 400 points on Monday as President Trump sent letters to foreign countries warning of tariff increases that would go into effect August 1. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
President Trump on Wednesday announced a trade deal between the U.S. and Vietnam. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The S&P 500 and Nasdaq both hit new record highs earlier on Friday, led by news of the trade deal between the U.S. and China. However, the numbers closed mixed after the president pulled the plug on trade talks with Canada. MarketWatch tech and investing reporter Laila Maidan has more.
Wall Street reacted to President Trump terminating trade discussions with Canada on Friday. The S&P 500 hit its all-time closing high. CBS News contributor J.D. Durkin has more from the New York Stock Exchange.
The stock market rallied for a second day on Tuesday as tensions with Iran sent oil prices plummeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Investors experienced some whiplash on Monday as stocks shot up following Iran's retaliatory attack on a U.S. base in Qatar. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Oil investors backed off Monday after seeing Iran's retaliatory response to U.S. strikes on some of its nuclear facilities, with oil prices dropping 9% since Sunday. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
U.S. and global markets remained mostly steady following U.S. strikes on Iran's key nuclear sites over the weekend. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
The ripple effect of the back-to-back strikes between Israel and Iran were seen in the U.S. stock market on Friday. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stocks lost ground on Friday as traders kept a close eye on the conflict between Israel and Iran. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Stocks tumbled and oil prices surged on Friday in the wake of Israel's strikes in Iran. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
The Dow Jones had an up and down day Wednesday, finishing flat after news of the U.S. and China agreeing to a framework for a trade deal and new data that showed inflation rose slightly in May, although less than economists had expected. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Missed the second half of the show? The latest on American economy and trade talks.
Despite a recent downturn in the stock market, Christine Lagarde forecasts modest growth in the U.S. economy next year.
U.S. and Chinese officials met in London on Monday for a second round of trade talks. CBS News senior business and technology correspondent Jo Ling Kent has the latest on where things stand in negotiations to strike a deal between the world's two largest economies.
Friday's monthly jobs report showed some softening in private sector hiring, but little that would suggest a coming recession, with the economy adding 139,000 jobs in May. Peggy Collins and Laura Davison, who cover politics for Bloomberg News, join "The Takeout" to discuss the jobs report, the latest on the feud between President Trump and Elon Musk, and more.
In 2008, the banking system was near total collapse, the stock market was in free fall, and government officials (it seemed to many) were as clueless as the rest of us. CBS News business analyst Jill Schlesinger looks back at the housing and banking crisis that almost dragged the world down into another Great Depression, and talks with historian Adam Tooze and Wall Street Journal reporter Gretchen Morgenson about how many of the new rules put into place to protect the system from suffering another meltdown are being diluted.
Elon Musk and President Trump continued their war of words Thursday with Musk claiming on social media that Mr. Trump's name appeared in the files related to the case of Jeffrey Epstein, the disgraced financier who died by suicide in federal custody in 2019 while facing charges of sex trafficking. CBS News' Aaron Navarro and Nikole Killion have more. Then, CBS News contributor JD Durkin joins to assess the feud's impact on Tesla stock.
Like millions of Americans, Alicia and Chu Gomez are experiencing the waves of an uncertain, see-sawing market.
Iran denied its negotiators would be meeting with U.S. officials in Qatar after President Trump announced the talks would resume at Tehran's request.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
Once Russian soldiers reach certain parts of the front lines of the war in Ukraine, they can expect to live an average of just 20 to 35 minutes, according to a grim estimate by Russian military bloggers.
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
A blast from an explosive device has seriously injured three people at a residential building in Monaco.
A heat wave will blast a large swath of the U.S. this week. The National Weather Service says temperatures will feel hotter because of the high humidity that's arriving with it.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
Officials say people and pets should keep a safe distance away from the water to limit the chances of an alligator encounter.
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
This year's Fourth of July celebrations in D.C. — marking the nation's 250th birthday — will include hours of military flyovers and a massive fireworks display that could stretch late into the night.
The Alaska Supreme Court ruled Monday that a man with the same name and party as Republican Sen. Dan Sullivan can challenge the sitting lawmaker in the state's Senate primary in August.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
A big majority say the nation has succeeded in achieving its founding ideals, at least a fair amount, if not a great deal. But Americans also see a nation facing challenges today, according to CBS News' most recent poll.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
The USDA says almost 11% of SNAP payments contain errors, almost double the threshold set by Congress. Here's what is going on.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
This year's Fourth of July celebrations in D.C. — marking the nation's 250th birthday — will include hours of military flyovers and a massive fireworks display that could stretch late into the night.
The Alaska Supreme Court ruled Monday that a man with the same name and party as Republican Sen. Dan Sullivan can challenge the sitting lawmaker in the state's Senate primary in August.
Sonderling was elevated to the role in an acting capacity after Labor Secretary Lori Chavez-DeRemer left the position in April.
A big majority say the nation has succeeded in achieving its founding ideals, at least a fair amount, if not a great deal. But Americans also see a nation facing challenges today, according to CBS News' most recent poll.
The bipartisan committee said it "did not find evidence that your actions violated federal law, Senate rules or related standards of conduct."
For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
A blast from an explosive device has seriously injured three people at a residential building in Monaco.
Europe has the oldest population of any continent while also warming the fastest, leading to a dangerous and deadly situation.
Once Russian soldiers reach certain parts of the front lines of the war in Ukraine, they can expect to live an average of just 20 to 35 minutes, according to a grim estimate by Russian military bloggers.
Ukraine has intensified strikes on Russia recently, targeting energy and logistics infrastructure.
Tens of thousands of people are still presumed to be missing after two powerful earthquakes struck Venezuela last week.
Will Taylor Swift be marrying Travis Kelce this week at Madison Square Garden? Jericka Duncan reports.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
RoseMarie Terenzio, who was JFK Jr.'s former chief of staff and planned his secret wedding to Carolyn Bessette, said she doesn't think Taylor Swift and Travis Kelce are getting married at Madison Square Garden.
Olivia Wilde and Edward Norton, stars of "The Invite" preview the film, which explores the unraveling and evolution of two very different marriages over the course of an unforgettable evening. The two discuss if they brought any of their own experiences to the movie and Wilde, who also directed the film, shares why she was initially reluctant to star in it.
"CBS Mornings" exclusively reveals the trailer for "The Angry Birds Movie 3." The film stars Jason Sudeikis and debuts in theaters on Dec. 23.
The Trump administration is allowing Anthropic to restore access to its Mythos 5 AI model for a select group of U.S. companies and federal agencies. New York Times tech reporter Sheera Frenkel joins CBS News to discuss.
The transcontinental railroad changed just about everything in America: transportation, communications, commerce, cities, politics, even our perception of time. Correspondent David Pogue visits Steamtown National Historic Site, in Scranton, Pa., home to Big Boy, the biggest functioning steam train in the world, to learn how trains helped define an expansive America.
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.
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
German police say a suspect was in custody and six were killed in a rare shooting that took place at a youth center in Stade, near Hamburg.
Alex Murdaugh is expected back in court in South Carolina on Monday for the first time since the state Supreme Court overturned his convictions for killing his son and wife. Skyler Henry reports.
For most of his life, Reggie Reed has wondered who murdered his mother Selonia Reed decades ago in Hammond, Louisiana. A fresh look at the evidence ultimately implicated the man he called his "rock" — Reginald Reed Sr., the man who lovingly raised him.
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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.
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
High winds and temps continue to fuel major wildfire in Utah; JetBlue flight reports collision with drone while landing at JFK.
In southern Utah, the Cottonwood Fire tore through part of Eagle Point Resort, forcing it to close. Samantha Garcia, director of marketing for Eagle Point, joins CBS News to discuss.
NASA will attempt a daring space rescue mission as soon as Tuesday morning to prevent an aging telescope from falling back to Earth. CBS News space consultant Bill Harwood has more.
The back-to-back earthquakes in Venezuela last week knocked out power in two of the three public hospitals in the hard-hit coastal state of La Guaira, the director of the nonprofit "United Doctors of Venezuela" tells the New York Times. New York Times reporter Genevieve Glatsky joins CBS News to discuss.