Dow soars more than 1,000 points amid relief rally
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
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Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Tesla released its earnings report for 2025's first quarter Tuesday with sales and profits falling short of analyst expectations as CEO Elon Musk continues to focus on the Trump administration's Department of Government Efficiency. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump is escalating his attacks on Federal Reserve Chair Jerome Powell as questions emerge about the future of the U.S. economy. CBS MoneyWatch correspondent Kelly O'Grady has more.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
Stocks slumped again on Monday as President Trump continued his attacks on Federal Reserve Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Here's what to know about whether banks and other institutions are open on Easter Monday in the U.S.
The Trump administration is continuing to criticize Federal Reserve Chair Jerome Powell. The president's top economist said President Trump and his team are studying whether the president can fire him. Democratic Rep. Mike Levin of California joins "America Decides" to discuss.
Some small business owners are concerned that the high cost of President Trump's tariffs on imports could shutter their companies. CBS MoneyWatch reporter Megan Cerullo has more.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
Stock market turmoil continued Thursday with the Dow Jones closing in the red. The drop comes as investors weigh progress in trade negotiations with Japan and navigate general uncertainty over the Trump administration's tariff plan. Notably, UnitedHealth shares fell after the company announced a cut to its annual profit forecast, citing expectations of high medical costs for the rest of the year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump lashed out at Federal Reserve Chair Jerome Powell in a social media post on Thursday, saying his termination "cannot come fast enough." CBS News' Fin Gómez and Kelly O'Grady report.
It was another volatile day on Wall Street after comments from Federal Reserve Chair Jerome Powell, who spoke at the Economic Club of Chicago. Kelly O'Grady explains.
Stocks fell sharply on Wednesday due in part to tariff concerns. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Federal Reserve Chair Jerome Powell's warning about tariffs.
Wall Street tumbled after Fed Chair Jerome Powell warned about the impact of tariffs and Nvidia issued sobering guidance.
Wall Street saw a sea of red on Wednesday as Federal Reserve Chair Jerome Powell said tariffs came in larger than expected, which will lead to "at least a temporary rise" in inflation. CBS News MoneyWatch correspondent Kelly O'Grady has the biggest takeaways.
The Trump administration is exempting smartphones, computers and other electronics from the full wrath of its trade war with China. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Shares rallied for a second consecutive trading day after some electronics received a reprieve in the growing trade war.
U.S. stock futures are pointing up after talk from the Trump administration on potential exemptions for some electronics from China. However, President Trump said in a post on Truth Social that no one was "getting off the hook." CBS News correspondent Natalie Brand has the latest on tariffs, and Business Insider deputy editor Akin Oyedele discusses how tech companies are navigating the uncertainty.
While U.S. stocks ended Friday on a high note following a week of volatile trading tied to President Trump's tariffs, the bond market likely pushed the president to implement a 90-day pause. Bill Cohan, Wall Street author for Puck, joins "America Decides" to explain.
After a chaotic week, the Dow Jones ended Friday in the green. Optimism that China wants a tariff deal saw the index rise 600 points for the day. Fin Gómez, CBS News political director, and JD Durkin, CBS News contributor, join "America Decides" with the latest.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
After a tumultuous week, the Dow Jones closed more than 600 points up on Friday as investors expressed hope that countries would reach deals with President Trump on tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Rep. Marjorie Taylor Greene bought some high profile stocks last week as President Trump's tariffs caused traders to bail out.
The excitement over a pause of President Trump's reciprocal tariffs, which drove the markets up, did not carry over to the next day. Kelly O'Grady explains.
Survivors say they'd asked for more medical support before the Iranian drone strike that killed six U.S. soldiers at their command post in Kuwait in the war's first 24 hours.
Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
A security guard who was among the victims killed in a shooting at the Islamic Center of San Diego is being hailed for his heroism and bravery during the attack.
President Trump has been openly mulling a takeover of Cuba similar to the operation that toppled Venezuela's Nicolás Madoro. What it would mean for the regime's leaders remains to be seen. Here are some of the figures to watch.
Political chaos has engulfed Britain, with six people holding the U.K.'s top job in a decade, including one prime minister who lasted only 45 days.
Voters are going to the polls Tuesday for primaries in several states, including the most expensive House primary in history.
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
A security guard who was among the victims killed in a shooting at the Islamic Center of San Diego is being hailed for his heroism and bravery during the attack.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Voters are going to the polls Tuesday for primaries in several states, including the most expensive House primary in history.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
Police in Spain arrested the son of Isak Andic, the billionaire founder of the Spanish fashion brand Mango, for allegedly having played a role in his December 2024 death.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
U.S. wage growth is lagging inflation for the first time since 2023, eroding consumers' purchasing power.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
President Trump has been openly mulling a takeover of Cuba similar to the operation that toppled Venezuela's Nicolás Madoro. What it would mean for the regime's leaders remains to be seen. Here are some of the figures to watch.
Survivors say they'd asked for more medical support before the Iranian drone strike that killed six U.S. soldiers at their command post in Kuwait in the war's first 24 hours.
Voters are going to the polls Tuesday for primaries in several states, including the most expensive House primary in history.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
An American medical missionary in the Democratic Republic of the Congo was evacuated after testing positive for Ebola.
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
President Trump has been openly mulling a takeover of Cuba similar to the operation that toppled Venezuela's Nicolás Madoro. What it would mean for the regime's leaders remains to be seen. Here are some of the figures to watch.
Iranian state media showed wedding ceremonies in Tehran for dozens of couples said to have volunteered for "self-sacrifice" in the war with the U.S.
Sana Yousaf's murder in June drew nationwide condemnation and reignited debate over women's safety.
Survivors say they'd asked for more medical support before the Iranian drone strike that killed six U.S. soldiers at their command post in Kuwait in the war's first 24 hours.
Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
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 jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
A security guard who was among the victims killed in a shooting at the Islamic Center of San Diego is being hailed for his heroism and bravery during the attack.
Video shows children fleeing the scene of a deadly shooting at the Islamic Center of San Diego on Monday. CBS News' Anna Schecter has the latest details.
A New York judge ruled on Monday on what critical evidence can be used in Luigi Mangione's state trial, including a gun and red notebook. Mangione is accused of killing UnitedHealthcare CEO Brian Thompson in 2024 and has pleaded not guilty.
The Islamic Center of San Diego shooting, where three were killed on Monday, is being investigated as a hate crime as more details emerge about the suspected shooters. Jonathan Vigliotti reports, and Michael Alcazar, a professor at John Jay College of Criminal Justice, joins CBS News with more insight.
Three people were killed in a shooting at the Islamic Center of San Diego on Monday in what police are investigating as a possible hate crime. Two teenage suspects were also found dead. Jonathan Vigliotti reports.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
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."
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.
Several states are holding primaries on Tuesday, and President Trump is endorsing some candidates. CBS News' Zak Hudak and Taurean Small report.
President Trump spoke with reporters on Tuesday as he toured the construction site for the White House ballroom. Mr. Trump also commented on the apparent plans to resume strikes against Iran before he announced progress in talks.
Georgia voters are heading to the polls on Tuesday to decide on candidates for the U.S. Senate, governor and lieutenant governor. Some key local races for agricultural commissioner and state Supreme Court are also in play. CBS News' Skyler Henry has more.
Video shows children fleeing the scene of a deadly shooting at the Islamic Center of San Diego on Monday. CBS News' Anna Schecter has the latest details.
Americans spend billions every year on skin care products, but experts say using too many products could hurt your skin. Dr. Rachel Nazarian explains how to protect what's known as your skin barrier and why it's important.