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.
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The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.
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.
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.
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.
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.
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.
The Trump administration's imposition and walkback of tariffs has led to stock volatility and sparked worries of a global trade war and recession.
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.
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.
The stock market shed gains after the Trump administration announced it was moving forward with stiff tariffs on Chinese imports.
As President Trump threatens China with even more tariffs, Beijing says it will never bow to "unilateral bullying," and "will fight to the end."
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.
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.
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.
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.
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.
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.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
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.
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 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.
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.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
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.
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.
President Trump's comments came shortly after he said that the U.S. military had conducted "one of the most power bombing raids" on a vital Iranian oil hub.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office.
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
Nine defendants were on trial on charges related to the July 4 attack on the Prairieland ICE detention center in North Texas.
The attacker rammed a vehicle into Temple Israel in West Bloomfield and opened fire, but he was the only one killed, law enforcement officials said.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic resident, "Dave the Rave."
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
A security detail has been requested from the federal health department's inspector general for top federal housing official Bill Pulte.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
Amsterdam's mayor said police have CCTV footage of a person placing the explosive device against the school's exterior wall.
The latest release of oil follows historic withdrawals from the Biden administration to combat gas prices from the Ukraine war.
Notorious Latin American narco trafficker Sebastian Marset, who eluded police for years, was handed over to U.S. authorities after his arrest Friday in Bolivia.
The 98th Academy Awards Sunday will feature a battle of vampires versus revolutionaries as the films "Sinners" and "One Battle After Another" compete for many of the show's top prizes. Nigel Smith, senior movies editor for People, joins "The Daily Report" to discuss.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
Austin Mayor Kirk Watson joins CBS News 24/7 Mornings with the latest details on preparations for SXSW 2026.
The 98th annual Academy Awards will be held on Sunday. With 10 films nominated for the night's biggest honor, best picture, an expert says there are only two major contenders. Entertainment Tonight's Nischelle Turner previews Hollywood's big night.
Grammy-winning artist James Blake speaks about making his first solo album as an independent artist. He talks to Anthony Mason about why he decided to leave his record label, what it's like to work with some of the world's biggest musicians and the passion behind his music.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
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.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
The U.S. is on high alert after two separate domestic attacks on Thursday: A shooting at Old Dominion University, and a car ramming at a Michigan synagogue. CBS News justice correspondent Scott MacFarlane has the latest details on the incidents.
CBS News has learned that the man who attacked a Michigan synagogue on Thursday purchased $2,000 worth of fireworks days before the incident. CBS News' Anna Schecter has more.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
48 Hours correspondents Erin Moriarty and Anne-Marie Green discuss the murder of Mindi Kassotis on "Post Mortem." Her dismembered remains were discovered in the woods in 2022 after her husband told family and friends that Mindi had died in a hospital.
A Hawaii man gathers his group of friends to teach surfing lessons to strangers – and there is a powerful reason why they don't charge a cent. Plus, more heartwarming news.
Then-President Richard Nixon addressed the nation from the Oval Office during the 1973 energy crisis. Fueled by the Yom Kippur War, members of the Organization of the Petroleum Exporting Countries in the Middle East banned the sale of oil to the U.S. and other countries, sharply raising gas prices for Americans as they faced their first fuel shortage since WWII.
On Nov. 29, 1973, CBS News aired a special report titled "Making It Through This Winter," spotlighting the ways Americans were making do amid the oil crisis. Watch the program in full.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.