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.
The president called off a planned 20% fee on shipping through the strait.
Acting Attorney General Todd Blanche is set to appear before the Senate Judiciary Committee at 9 a.m. for his confirmation hearing to lead the Justice Department in a permanent capacity.
The Iraqi leader was in Washington to meet with President Trump.
Clayton, currently the U.S. attorney for the Southern District of New York, is expected to succeed Bill Pulte, Trump's controversial acting director of national intelligence.
Harris County District Attorney Sean Teare, who is investigating the fatal ICE shooting of Lorenzo Salgado Araujo, told CBS News ICE's tactics "in no way resemble" the behavior of police agencies he's worked with.
Every ICE arrest team will have at least one law enforcement officer equipped with a body-worn camera going forward, DHS said Tuesday, after two fatal shootings by agents who didn't have cameras.
The measure also allows states to opt out if they take action before the federal law is enacted.
A home security camera captured the sound of five gunshots when Johan Sebastián Durán Guerrero, a Colombian national, was fatally shot by an Immigration and Customs Enforcement officer.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is expected to engulf large swaths of the Midwest and Northeast U.S. this week.
Acting Attorney General Todd Blanche is set to appear before the Senate Judiciary Committee at 9 a.m. for his confirmation hearing to lead the Justice Department in a permanent capacity.
Clayton, currently the U.S. attorney for the Southern District of New York, is expected to succeed Bill Pulte, Trump's controversial acting director of national intelligence.
Every ICE arrest team will have at least one law enforcement officer equipped with a body-worn camera going forward, DHS said Tuesday, after two fatal shootings by agents who didn't have cameras.
The Iraqi leader was in Washington to meet with President Trump.
A group of 26 Meta employees has sued the company, claiming it used AI to choose people for layoffs, disproportionately targeting those on medical, parental or family leave.
The scheme begins with fake fraud alerts before shifting to a FaceTime call, where victims are tricked into exposing sensitive banking information.
The Promise Act would establish a legislative procedure with the goal of preserving Social Security's trust funds for the next 50 years.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
New estimates call for a 3.6% to 3.8% benefit increase next year, although the final adjustment will depend on inflation readings released this summer.
Acting Attorney General Todd Blanche is set to appear before the Senate Judiciary Committee at 9 a.m. for his confirmation hearing to lead the Justice Department in a permanent capacity.
Clayton, currently the U.S. attorney for the Southern District of New York, is expected to succeed Bill Pulte, Trump's controversial acting director of national intelligence.
Every ICE arrest team will have at least one law enforcement officer equipped with a body-worn camera going forward, DHS said Tuesday, after two fatal shootings by agents who didn't have cameras.
The Iraqi leader was in Washington to meet with President Trump.
Harris County District Attorney Sean Teare, who is investigating the fatal ICE shooting of Lorenzo Salgado Araujo, told CBS News ICE's tactics "in no way resemble" the behavior of police agencies he's worked with.
As of Tuesday, nearly 7,000 people in 34 states reported symptoms tied to a parasitic illness that, so far, has no official source. Carter Evans reports on what's suspected of being behind the cyclosporiasis outbreak.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
Capt. Chesley "Sully" Sullenberger, who famously landed a passenger jet on the Hudson River in 2009, said he has been diagnosed with Alzheimer's disease.
With the federal Medicaid work requirement looming in January, Democrats are considering state legislation to call out big companies that employ workers enrolled in the safety net health program.
Lindsey Graham's aorta tore at 71. Grant Wahl's burst at 49. One is common and age-driven; the other is inherited, silent, and findable.
An anti-corruption probe in Iraq leads to seizure of 825 pounds of gold and tens of millions in cash from lawmakers and government officials.
In a match Tuesday featuring two of soccer's biggest heavyweights, Spain put in a masterful performance, frustrating France to the tune of a 2-0 win to advance to Sunday's World Cup final.
The text of the bill had been finalized before Graham met with Zelenskyy last week in Kyiv.
Kent Carpenter and his Filipina companion were at his house in the coastal town of Sibulan when masked men forced their way in.
Asked about the case of U.S. national Youlin Chen, China's foreign ministry said there was no "wrongful detention," but it did not deny the scientist was imprisoned.
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
"The Real Wolf of Wall Street," a new documentary from See It Now Studios on Paramount+, focuses on the real-life story of infamous stockbroker Jordan Belfort and his brokerage firm Stratton Oakmont. Howie Gelfand, a former partner at Stratton Oakmont, explains why he decided to be part of the documentary and how the 2013 film, "The Wolf of Wall Street," starring Leonardo DiCaprio, got the real story wrong.
Alan Ritchson talks about starring in "Motor City," which has nearly no dialogue, how his process was different and why he thinks it will resonate with audiences.
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media companies. Paramount Skydance is the parent company of CBS News. CBS News' Jo Ling Kent reports.
Mick Jagger spoke with The New York Times recently about the role of politics in his music. Political strategists Erin Maguire and Dan Kanninen join "The Takeout" to discuss.
A group of 26 Meta employees has sued the company, claiming it used AI to choose people for layoffs, disproportionately targeting those on medical, parental or family leave.
Utility companies requested $9.2 billion worth of rate increases in the second quarter of 2026, potentially impacting over 56 million Americans, according to a new report from PowerLines. Former Michigan utility commissioner Tremaine Phillips joins CBS News to discuss.
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 scheme begins with fake fraud alerts before shifting to a FaceTime call, where victims are tricked into exposing sensitive banking information.
New York Gov. Kathy Hochul imposed a year-long moratorium on "hyperscale" AI data centers, halting construction as the state investigates the wider economic and environmental impacts. Shanelle Kaul explains more.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Kent Carpenter and his Filipina companion were at his house in the coastal town of Sibulan when masked men forced their way in.
Supreme Court Justices Elena Kagan and Amy Coney Barrett are on Capitol Hill to testify before House lawmakers in response to a request for increased security funding amid growing threats against members of the highest court.
Joan Sebastian Guerrero's death in Maine marks the second time in a week that Immigration and Customs Enforcement agents have shot and killed a civilian. The Department of Homeland Security alleged that a man "attempted to flee the scene" when stopped by ICE. Guerrero's killing has prompted calls for an investigation. CBS News' Lilia Luciano reports.
Apple is suing OpenAI over apparently stolen trade secrets that may be linked to hardware ambitions. CBS News contributor Patrick McGee joins with more.
Witnesses are describing what they saw during the moments after an Immigration and Customs Enforcement agent fatally shot a man in Maine. One source with knowledge of the investigation says Joan Sebastian Guerrero was killed during the encounter. CBS News' Lilia Luciano reports.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
U.S. Immigration and Customs Enforcement officials shot and killed two men in the last week in Maine and in Texas. Maine's House speaker, a Houston prosecutor and a Minnesota attorney spoke with CBS News about the violence.
Anthropic is offering verified teachers a year of free access to its premium AI tools through its new "Claude for Teachers" program. Elizabeth Kelly, head of Beneficial Deployments at Anthopic, joins CBS News to discuss.
Harris County District Attorney Sean Teare, who is investigating the ICE killing of Mexican immigrant Lorenzo Salgado Araujo, says his office is filing paperwork to get visas for the witnesses of the fatal shooting, so they're not deported while the investigation unfolds.
Utility companies requested $9.2 billion worth of rate increases in the second quarter of 2026, potentially impacting over 56 million Americans, according to a new report from PowerLines. Former Michigan utility commissioner Tremaine Phillips joins CBS News to discuss.
Physician-astronaut Anil Menon, a former flight surgeon with NASA, rocketed into space Tuesday with two Russian cosmonauts for an eight-month stay aboard the International Space Station. CBS News' space consultant Bill Harwood has more.