Why stocks rose after alarming GDP data?
The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
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The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
President Trump says steep tariffs on U.S. imports will lead to lower taxes for Americans. Is he right?
Rising import costs are squeezing small businesses. Many say it feels just like the early days of the COVID-19 pandemic. "CBS Evening News" co-anchor John Dickerson explains.
March saw new car sales rise nationwide, jumping more than 17% from February and nearly 12% from March of last year.
The Senate on Wednesday rejected a bipartisan effort to block President Trump's global tariffs. The measure failed in a 49-49 vote with all but three Republicans voting against it. CBS News congressional reporter Taurean Small has more.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
As tariffs threaten to raise the price of new cars, Americans are racing to the showrooms. Kris Van Cleave reports they're trying to beat the price hikes.
U.S. economic growth slowed sharply in the first quarter of 2025 as businesses rushed to stockpile goods ahead of President Trump's sweeping tariff policies. Kelly O'Grady has more.
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
President Trump held a Cabinet meeting on Wednesday, coinciding with his administration's week-long first 100 days victory lap. But on this day 101, the economic numbers tell a different story. CBS News' Fin Gomez, Ed O'Keefe and Kelly O'Grady report on the details.
Stocks slid on Wednesday after new data showed that the U.S. GDP declined at a .3% rate in the first quarter of 2025. It was the worst quarterly performance for the U.S. economy since early 2022. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
New data from the Department of Commerce shows an increase in imports led to an economic slowdown in the last quarter as President Trump ramped up his trade wars and companies tried to stockpile goods before tariffs kicked in. Matt Peterson, a reporter at Barron's, joined CBS News to discuss.
President Trump wants to bring manufacturing back to the U.S. These companies say they're investing in domestic factories.
President Trump says he inherited a stock market "overhang" from President Biden that impacted the gross domestic product data recently released. Mr. Trump is insisting that patience is required as more companies choose to manufacture in the U.S. to avoid tariffs. CBS News' Olivia Rinaldi reports.
The latest gross domestic product data shows the U.S. economy is in reverse, slowing in the first quarter of 2025. CBS MoneyWatch correspondent Kelly O'Grady has more on the potential factors involved and how the next quarter's data could indicate symptoms of a recession.
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
President Trump held a rally in Michigan to tout his work during the first 100 days of his second term. During an interview about his accomplishments, he was pressed of the uncertainty in the U.S. economy caused by his tariff strategy. CBS News' Natalie Brand reports.
Nothing is normal these days in Point Roberts, one of the only American towns you have to go through Canada to reach.
Bookings of container shipments from China to the U.S. are down nearly 50% compared to a year ago. Carter Evans reports from one of the country's busiest ports to see the economic impact at the loading dock and on small business shelves.
The Trump administration says automakers won't get hit twice by its tariffs, which have applied to both auto parts as well as steel and aluminum.
Tuesday marks the 100th day of President Trump's second term in office. CBS News' Major Garrett, Olivia Rinaldi, Kelly O'Grady and Scott MacFarlane report on how he has reshaped the economy and the government.
President Trump was outside of Detroit to mark 100 days in office and touted his plan to give relief to the crucial American car industry from some of the tariffs that are expected to increase prices on production. Kelly O'Grady explains.
Earlier in April, New Jersey Democratic Sen. Cory Booker set a record with his 25-hour marathon speech on the Senate floor. But did it help to rally the anti-Trump resistance among Democrats? Political strategists Meghan Hays and Matt Gorman join "America Decides" with analysis.
In the trade war with China, CBS News got a look behind enemy lines. But keep in mind, Anna Coren was shown what the Chinese Communist Party wanted her and the American public to see.
Touching down in Michigan, President Trump brought with him good news for the state's key industry. Automakers will still face a 25% tariff on imported cars and parts, but not on other critical materials -- including steel and aluminum. Ed O'Keefe reports.
President Trump insists the U.S. is "achieving a very big victory" as the Iran war nears the six-month mark, and he has "no specific timetable" to resume peace talks.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Flash floods tore through a valley in Nepal, sweeping away villages and hundreds of tourists, with Americans among the missing, authorities say.
Lindsay Clancy's murder trial in Massachusetts will wind down Wednesday with testimony from the prosecution's final rebuttal witness.
Meta agreed to pay $17 billion to settle allegations that its social media platforms are addictive.
President Trump hasn't settled on a replacement for White House press secretary Karoline Leavitt, whose last day is Friday, according to administration officials close to the situation.
The Kremlin spokesman says CIA Director John Ratcliffe met Russian counterparts during a secretive visit to Moscow, but it's unclear what came of the talks.
The Secret Service's chief of communications and two other staffers have been placed on leave pending an investigation into "potential misconduct," U.S. officials told CBS News.
Dr. Laura Cox, an assistant professor at Brigham and Women's Hospital and Harvard Medical School, explains how our dietary patterns play a significant role in our gut and long-term brain health.
Medical device maker said it is working to assess the scope of the attack and business interruption.
Meta agreed to pay $17 billion to settle allegations that its social media platforms are addictive.
President Trump hasn't settled on a replacement for White House press secretary Karoline Leavitt, whose last day is Friday, according to administration officials close to the situation.
The Personal Consumption Expenditures index was unchanged from June, highlighting stubborn inflationary pressures.
The 6-foot-10, 250-pound former NBA player was removed from Sunday's game after he was confronted by Sky guard Natasha Cloud.
Medical device maker said it is working to assess the scope of the attack and business interruption.
Meta agreed to pay $17 billion to settle allegations that its social media platforms are addictive.
The Personal Consumption Expenditures index was unchanged from June, highlighting stubborn inflationary pressures.
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
Here's what travelers think about shared armrests, reclined seats and fellow passengers' use of tech on planes.
President Trump hasn't settled on a replacement for White House press secretary Karoline Leavitt, whose last day is Friday, according to administration officials close to the situation.
A man with the same name as Alaska's incumbent U.S. Sen. Dan Sullivan has advanced to the general election
The attack brings the number of people killed in such strikes by the U.S. military in the eastern Pacific Ocean and Caribbean Sea to at least 227.
The Secret Service's chief of communications and two other staffers have been placed on leave pending an investigation into "potential misconduct," U.S. officials told CBS News.
Sen. Darline Graham won the GOP Senate runoff in South Carolina on Tuesday night, CBS News projects, defeating Rep. Ralph Norman in the special primary to replace Graham's late brother, Sen. Lindsey Graham, on the ballot.
Dr. Laura Cox, an assistant professor at Brigham and Women's Hospital and Harvard Medical School, explains how our dietary patterns play a significant role in our gut and long-term brain health.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
The agreements, covering issues like drug pricing, reducing the use of synthetic food dyes, and cutting back on insurance prior authorization rules, were announced with fanfare and touted as victories.
Lillian Smart, 8, has died after being infected by an extremely rare brain-eating amoeba that is found in warm freshwater, her family said.
Prince Harry and Meghan, the Duke and Duchess of Sussex, are returning to the U.K. from California today, six years after their tumultuous departure, the BBC reports.
Flash floods tore through a valley in Nepal, sweeping away villages and hundreds of tourists, with Americans among the missing, authorities say.
The attack brings the number of people killed in such strikes by the U.S. military in the eastern Pacific Ocean and Caribbean Sea to at least 227.
President Trump insists the U.S. is "achieving a very big victory" as the Iran war nears the six-month mark, and he has "no specific timetable" to resume peace talks.
Authorities in Islamabad, Pakistan, say a fire caused by an air-conditioning unit exploding in a major hospital nursery ward killed 14 newborns.
Megan Park, who started her career as an actress on the show "The Secret Life of the American Teenager," sits down with "CBS Mornings" to discuss creating the new series "Sterling Point."
Country star Lauren Alaina joins "CBS Mornings" to talk about Dolly Parton's impact on her career, the best advice she received from the music icon and why she was beloved.
Country music singer and beloved humanitarian Dolly Parton died at age 80. CBS News' Nicole Valdes takes a look at her legacy and impact on the music industry.
Dolly Parton's influence spans generations, but hits a special note with female singer-songwriters. Anthony Mason reports on her feminist legacy.
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
Medical device maker said it is working to assess the scope of the attack and business interruption.
Ring camera founder Jamie Siminoff joins "CBS Mornings" to announce the company's new privacy measures as public concern ramps over security camera surveillance and the use of AI.
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.
A plant in Southaven, Mississippi, that powers Elon Musk's SpaceXAI data centers in the area has sparked backlash from residents concerned about noise and air pollution.
In Southaven, Mississippi, some residents are pushing back on SpaceXAI's expanding footprint in the region.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
The prosecutors in the Lindsay Clancy murder trial are wrapping up their rebuttal testimony. CBS News legal contributor Rebecca Roiphe has more analysis.
Lindsay Clancy's murder trial is nearly over. A forensic psychiatrist called by the prosecution testified that he thought there were inconsistencies in Lindsay Clancy's account of her mental health the night her three children were murdered. CBS News' Shanelle Kaul reports.
The victims represented four generations of the blended family, ranging from a great-grandmother in her 90s who used a wheelchair to a 7-year-old girl, a neighbor said.
U.S. Marshals say 22-year-old Zymire Hughes was arrested Tuesday night in Las Vegas, Nevada.
A Texas judge is hearing arguments on who has the legal right to make medical decisions on behalf of a baby with a heart defect who was carried to term by a surrogate against the biological parents' wishes. Harry Nelson, a healthcare attorney, joins "The Daily Report" to discuss.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Republican voters in South Carolina have chosen Sen. Darline Graham as their Senate nominee. CBS News' Zak Hudak has the latest.
Megan Park, who started her career as an actress on the show "The Secret Life of the American Teenager," sits down with "CBS Mornings" to discuss creating the new series "Sterling Point."
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Ring camera founder Jamie Siminoff joins "CBS Mornings" to announce the company's new privacy measures as public concern ramps over security camera surveillance and the use of AI.
Country star Lauren Alaina joins "CBS Mornings" to talk about Dolly Parton's impact on her career, the best advice she received from the music icon and why she was beloved.