Stocks rally after ceasefire announcement
Stocks jumped and oil prices fell on Wednesday following President Trump's announcement of a two-week ceasefire in the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more.
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Stocks jumped and oil prices fell on Wednesday following President Trump's announcement of a two-week ceasefire in the war with Iran. CBS News senior business and tech correspondent Jo Ling Kent has more.
This week on "Face the Nation with Margaret Brennan," after a whiplash week of on-again, off-again tariff announcements, Canadian ambassador to the U.S. Kirsten Hillman joins to discuss the costs and consequences of a trade war. Plus, former White House Russia expert Fiona Hill discusses President Trump's diplomatic pivot on Ukraine.
The Trump administration has launched investigations into dozens of countries accused of failing to crack down on forced labor, flexing a law that lets the federal government impose tariffs.
Two dozen states filed a lawsuit challenging President Trump's legal authority to impose new global tariffs.
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
The Supreme Court ruled last month at President Trump did not have the authority to issue his sweeping tariffs under a federal emergency powers law.
"If somebody charges you something and it's unlawful, they should give you your money back," Dame CEO Alexandra Fine said.
FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
President Trump's revised 10% global tariffs took hold on Tuesday, despite his comments over the weekend stating they would start at 15%. CBS News business contributor Javier David has more on the next steps.
Several Democrats are expected to skip President Trump's State of the Union address on Tuesday night. Arizona Sen. Ruben Gallego is one of them and joins "The Takeout" to discuss his decision and more.
Peter Shane, a professor at New York University, joins CBS News 24/7 to break down how the U.S. system of checks and balances is factoring into President Trump's second term after the Supreme Court's recent decision to strike down Mr. Trump's sweeping tariffs.
FedEx is suing the Trump administration for a full refund of all payments it made to the government under President Trump's tariff policy that the Supreme Court has since ruled illegal. Rob Schroeder, the Washington bureau chief for MarketWatch, joins with more.
President Trump will likely have to face the Supreme Court justices during his State of the Union address just days after the highest court ruled against his tariff policy. CBS News' Nancy Cordes reports.
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
President Trump is doubling down on his use of tariffs, days after the Supreme Court struck down a pillar of his trade policy. CBS News senior White House correspondent Weijia Jiang has more.
President Trump's novel use of a 1974 trade law to impose a global 15% tariff could be ripe for legal challenges, according to trade experts.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs on nearly every country under a federal emergency powers law. Brooke DiPalma, senior reporter for Yahoo Finance, joined CBS News to discuss whether businesses or people will have any chance at refunds based on the court's decision.
Minneapolis ICE protests continue in face of Trump's Insurrection Act threat; Indiana and Miami students reflect on lead-up to football championship.
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
President Trump said Saturday that he will raise global tariffs to 15% after the Supreme Court struck down a set of sweeping global tariffs in a decision last week. CBS News White House reporter Olivia Rinaldi has more.
The Dow Jones has spent Monday in the red after President Trump on Saturday said he would raise his global tariff to 15%. Last week, the Supreme Court struck down a set of sweeping global tariffs, a decision Mr. Trump lashed out at. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss.
The Trump administration is standing by its threats of sweeping tariffs despite last week's ruling by the Supreme Court that struck down some of his global levies. CBS News' Aaron Navarro has more.
President Trump is threatening to impose 15% global tariffs after the Supreme Court struck down his sweeping levy on major trading partners. Madison Mills, a senior markets reporter for Axios, joins with more.
President Trump slammed last week's Supreme Court tariff decision on social media, calling the ruling "ridiculous, dumb, and very internationally divisive." CBS News chief White House correspondent Nancy Cordes has more.
U.S. farmers and manufacturers are feeling the heat of President Trump's sweeping global tariffs threats following the stunning Supreme Court decision on the economic policy. CBS News' Lana Zak has more.
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
As Trump issues a new warning to Iran to comply with a tenuous two-week ceasefire, the two sides don't even seem to agree on the terms of the deal.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
The search for Lynette Hooker is ongoing in the Bahamas, as the U.S. Coast Guard takes the lead on investigative efforts and has launched a criminal investigation, a U.S. official said.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
British and Norwegian militaries led a weekslong operation to deter Russian submarines in the North Atlantic, the U.K. military said.
Federal prosecutors say Courtney Williams divulged classified information to a reporter about her time in Delta Force, according to newly unsealed court documents.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
A CBS News investigation found one Los Angeles County hospice physician's name, Dr. Rajiv Bhuva, on Medicare claims for nearly 2,800 patients across 126 hospices in a single year.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Blanche said the top federal prosecutor in California can seek the death penalty for three alleged MS-13 members charged with killing a victim who was cooperating with authorities, according to a memo.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Gas prices in the U.S. continued to edge up on Wednesday even as oil prices fell. Here's how long it could take for fuel costs to recede.
Many brands are turning to AI to advertise their products. Others are rejecting the technology, pledging to lean into "real" images.
Cameras on some Chevrolet Malibus can display blank or distorted images, posing a risk to drivers, according to safety regulators.
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Blanche said the top federal prosecutor in California can seek the death penalty for three alleged MS-13 members charged with killing a victim who was cooperating with authorities, according to a memo.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Federal prosecutors say Courtney Williams divulged classified information to a reporter about her time in Delta Force, according to newly unsealed court documents.
Abdul El-Sayed's decision to campaign with Hasan Piker has drawn scrutiny from across the political spectrum given comments the popular streamer has made on the Israel-Hamas war.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
British and Norwegian militaries led a weekslong operation to deter Russian submarines in the North Atlantic, the U.K. military said.
As Trump issues a new warning to Iran to comply with a tenuous two-week ceasefire, the two sides don't even seem to agree on the terms of the deal.
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Halle Bailey and Regé-Jean Page join "CBS Mornings" to talk about starring in the new romantic comedy "You, Me & Tuscany." The two discuss what it was like to shoot in Italy, preparing for their roles and how it's a renaissance for romantic comedies.
Billy Idol speaks with Anthony Mason about his music career, his life, his stage persona and more.
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
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.
Anthropic says its newest AI model, Claude Mythos, is too powerful and dangerous to be released to the public. Tech journalist Jacob Ward joins CBS News to discuss.
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Jasveen Sangha, the woman described as the "Ketamine Queen," was sentenced Wednesday to 15 years in federal prison for her role in the death of "Friends" co-star Matthew Perry. Carter Evans reports.
Brian Hooker has been arrested by the Royal Bahamas Police Force after his wife, Lynette Hooker, apparently fell overboard from their dinghy and was swept away by currents. Hooker's lawyer denies any wrongdoing. CBS News' Cristian Benavides reports.
Gerhardt Konig, the anesthesiologist accused of trying to kill his wife in Hawaii last year, was found guilty Wednesday of attempted manslaughter based upon extreme mental or emotional disturbance.
Jurors delivered their verdict Wednesday in the trial of an anesthesiologist accused of trying to kill his wife during a cliffside hike in Hawaii.
Serial killer Rex Heuermann admitted to killing eight women on Long Island over the span of 17 years, ending in 2010. He will now spend the rest of his life in prison. Tom Hanson reports.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
The Artemis II crew flew farther from Earth than any humans in history as they passed over the far side of the moon on Monday night.
The NASA astronauts also sent down Easter messages Sunday while gearing up for a historic pass behind the moon Monday.
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.
Police arrested a suspected arsonist in a massive California warehouse fire. Video from what appears to be the suspect's social media account seems to show the fire as it was set. Investigators say the suspect is an employee of a third party distributor of Kimberly Clark. Jonathan Vigliotti has more.
The U.S.-Iran ceasefire appears fragile as Tehran denounces Israeli strikes against Hezbollah in Lebanon. This comes as President Trump threatens more violence if the agreement is breached. CBS News' Elizabeth Palmer and Olivia Rinaldi report, and Retired U.S. Navy Vice Admiral Robert Murrett joins with more insight.
In the series "USA to Z," "CBS Mornings" looks at the history and controversial legacy of Mount Rushmore, which depicts four U.S. presidents. Vladimir Duthiers reports.
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
(Spoilers ahead) The latest castaway voted off "Survivor 50: In the Hands of the Fans" joins "CBS Mornings" to discuss being eliminated from the game, this season's challenges and being the first member of the jury.