Stock market rout deepens as Dow plunges more than 2,200 points
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Tariffs
Trump's tariffs set America's economy, and the world, on edge
Nearly a year's worth of stock market gains was wiped out on Thursday and Friday, after President Trump announced sweeping tariffs against virtually every nation on Earth, causing the Federal Reserve to warn of potentially higher unemployment and inflation. Correspondent Jo Ling Kent looks at how Trump's trade war may affect consumers and small business owners.
Threat of future tariffs on pharmaceutical imports raises alarm
In a last-minute move Wednesday, the Trump administration excluded pharmaceuticals from its retaliatory tariffs, giving consumers a break for now.
Medications from overseas may get more expensive
So far, foreign-made medicines have been spared from President Trump's trade war. But the president has vowed they could be his next target with an import tax as high as 25%. Andres Gutierrez reports.
Soybean farmer condemns Trump tariffs
China has responded to President Trump's import taxes with a 34% retaliatory tariff on all U.S. goods entering China. One industry that could be hit hard is farming, where exports account for roughly 20% of U.S. agriculture production. John Boyd, farm owner and president of the National Black Farmers Association, joins to discuss the impact.
Some snowbirds rethinking U.S. travel
As tensions mount between the U.S. and Canada, many Canadians are re-thinking travel plans to the U.S. and some snowbirds are even ditching their winter homes. Stephen Fine, the President and managing editor of Snowbird Advisor, a Canadian travel planning and insurance company, joins "The Daily Report" to discuss.
China pulls TikTok deal over tariffs
TikTok faced a Saturday deadline to find a U.S. buyer or face a potential ban. President Trump announced an extension on Friday. A deal was at the finish line but China pulled back due to Trump's tariff announcement. CBS News White House reporter Willie James Inman has the details.
Lawsuit against Trump admin. over tariffs
A conservative legal advocacy group has filed the first known legal challenge to the Trump administration's tariffs. CBS News legal contributor Jessica Levinson has more.
How big are the stock market losses?
Friday was the second straight day of dramatic losses on Wall Street. One big factor is China announcing that it would impose 34% retaliatory tariffs on American goods in response to President Trump's tariff plan. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
How big are the stock market losses?
Friday was the second straight day of dramatic losses on Wall Street. One big factor is China announcing that it would impose 34% retaliatory tariffs on American goods in response to President Trump's tariff plan. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
Recapping this week in politics
A 25-hour speech on the Senate floor, the costliest judicial race in U.S. history, President Trump's tariffs and a tanking stock market that followed are some of the most significant political moments from the past week. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
Impact of retaliatory tariffs on U.S. economy
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
Tariffs make some influencers turn on Trump
Republicans ruled the social media landscape in the 2024 election cycle. Now, some influencers who helped President Trump capture the so-called "bro vote" are expressing their concerns over this recent round of tariffs. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
What Trump's tariffs mean for stockholders
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
Future tariffs could impact drug prices
About 90% of prescription drugs are generics, and half of those are made in India. The Trump administration excluded foreign-made prescriptions from tariffs, but there are worries that those could come in the future. CBS News reporter Andres Gutierrez has more.
Americans react to Trump's new tariffs: "Buckle up and get ready for the ride"
President Trump's tariffs have sent markets spiraling and shockwaves through the American economy.
Stocks tumble for second straight day
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
Powell on higher inflation, slower growth
Federal Reserve Chair Jerome Powell said higher inflation and slower growth are more likely as more details emerge about President Trump's tariffs. CBS News contributor Javier E. David has more.
Trump calls for Powell to cut rates
President Trump and Federal Reserve Chair Jerome Powell are commenting on what they think is the future of U.S. economic growth. This comes as the world reacts to Mr. Trump's tariffs announcement. Isabel Wang, a reporter at MarketWatch, joins CBS News with more.
NATO chief on Trump's tariffs
NATO Secretary General Mark Rutte told "Face the Nation" moderator Margaret Brennan he doesn't believe President Trump's sweeping tariffs on all U.S. trading partners will harm the military alliance. "I'm not saying it doesn't have an impact on individual allies, but it does not have an impact on the alliance," Rutte said.
New jobs data as tariffs concerns remain
New jobs data showed more gains than expected for March but concerns over tariffs and a potential recession remain. CBS News' Kelly O'Grady reports.
Rubio pushes back on economic concerns
Secretary of State Marco Rubio pushed back on questions about economic concerns as global markets dropped following President Trump's tariffs announcement. CBS News' Willie James Inman reports.
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.
Here's what economists are saying about Trump's tariffs
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Trump's tariffs on cars take effect
President Trump's 25% hike on all imported cars and auto parts began Thursday. CBS News MoneyWatch correspondent Kelly O'Grady shows how consumers are trying to get ahead of the anticipated price hikes at dealerships.
Violence erupts after Mexican cartel leader "El Mencho" killed in federal operation
Mexico's Ministry of Defense security forces have killed the leader of the Jalisco New Generation Cartel, Nemesio Rubén Oseguera Cervantes, in a military operation.
On South Africa's farms, there's pushback against claims of genocide
President Trump claims White farmers in South Africa are victims of a genocide. South Africans dispute his claim.
Maps show snow totals, blizzard warnings for major winter storm
Blizzard warnings were issued Saturday for New York City, New Jersey, southern New England and coastal communities along the East Coast.
Armed man shot and killed inside Mar-a-Lago perimeter, Secret Service says
An armed man was shot and killed early Sunday morning after "unauthorized entry" into the secure perimeter at President Trump's Mar-a-Lago estate, the U.S. Secret Service said.
Defense attorneys build mapping tool to track Justice Dept. "weaponization"
A defense lawyers group has posted a tracking tool to enable users to check on the status of some of the controversial prosecutions attempted by DOJ in the first year of Trump's second term.
U.S. beats Canada in thrilling hockey finals to win Olympic gold
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
Greer says White House expects to "stand by" trade deals after SCOTUS ruling
U.S. Trade Representative Jamieson Greer said "stand by" the trade deal agreements it has signed with its partners despite the Supreme Court's tariff decision.
Foreign minister: Iran has the right to "nuclear energy, including enrichment"
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
France to summon U.S. ambassador over comments on activist's death
The U.S. State Department's Counterterrorism Bureau shared a post on X about Quentin Deranque, a far-right activist, who died of brain injuries after being beaten.
U.S.
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Defense attorneys build mapping tool to track Justice Dept. "weaponization"
A defense lawyers group has posted a tracking tool to enable users to check on the status of some of the controversial prosecutions attempted by DOJ in the first year of Trump's second term.
NASA to start slow-moving process returning moon rocket to hangar this week
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
Foreign minister: Iran has the right to "nuclear energy, including enrichment"
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
Full transcript of "Face the Nation with Margaret Brennan," Feb. 22, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and U.S. Trade Representative Jamieson Greer join Margaret Brennan.
Greer says White House expects to "stand by" trade deals after SCOTUS ruling
U.S. Trade Representative Jamieson Greer said "stand by" the trade deal agreements it has signed with its partners despite the Supreme Court's tariff decision.
MoneyWatch
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Trump imposes 10% tariffs on all countries after SCOTUS struck down earlier tariffs
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
Will Americans get refunds after Trump's tariffs were overturned by the Supreme Court?
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
Fried rice sold at Trader Joe's recalled over possible glass contamination
The recall involves 3.4 million pounds of frozen chicken fried rice products shipped to Trader Joe's locations nationwide and to retailers in Canada.
The latest GDP data isn't as bad as it looks. Here's what to know.
A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.
Walmart and other big companies say tariffs are forcing them to hike prices
Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.
Politics
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Defense attorneys build mapping tool to track Justice Dept. "weaponization"
A defense lawyers group has posted a tracking tool to enable users to check on the status of some of the controversial prosecutions attempted by DOJ in the first year of Trump's second term.
Foreign minister: Iran has the right to "nuclear energy, including enrichment"
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
Full transcript of "Face the Nation with Margaret Brennan," Feb. 22, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and U.S. Trade Representative Jamieson Greer join Margaret Brennan.
Greer says White House expects to "stand by" trade deals after SCOTUS ruling
U.S. Trade Representative Jamieson Greer said "stand by" the trade deal agreements it has signed with its partners despite the Supreme Court's tariff decision.
Huckabee's remarks on Israel and Middle East were taken out of context, embassy says
U.S. ambassador to Israel, Mike Huckabee, made his comments during an interview with conservative commentator Tucker Carlson that aired Friday.
HealthWatch
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How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
How safe is America from polio?
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return. CBS News chief medical correspondent Dr. Jonathan LaPook talks with David Oshinsky, author of "Polio: An American Story," and with violin virtuoso Itzhak Perlman, who contracted polio as a child, about how parents opting out of vaccinations for their children could affect polio rates here.
Robots can help amid nursing home staffing crisis
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
Cop's shortness of breath was the only sign of rare lung disorder
Travis Corbitt's struggles to breathe led to his retirement and reliance on an oxygen tank.
Federal tax dollars subsidize health care plans in ways you may not realize
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
World
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The violent history of "El Mencho," the cartel leader killed in Mexico
Nemesio Rubén Oseguera Cervantes — also known as "El Mencho" — was the leader of the notorious Jalisco New Generation Cartel prior to his death on Sunday.
Winter Olympics closing ceremony celebrates athletes and Italian art in Verona
The Milan Cortina Olympics ended Sunday with a closing ceremony inside the ancient Roman amphitheater, Verona Arena.
Foreign minister: Iran has the right to "nuclear energy, including enrichment"
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
Violence erupts after Mexican cartel leader "El Mencho" killed in federal operation
Mexico's Ministry of Defense security forces killed the leader of the Jalisco New Generation Cartel, Nemesio Rubén Oseguera Cervantes, known as "El Mencho," in a military operation.
Huckabee's remarks on Israel and Middle East were taken out of context, embassy says
U.S. ambassador to Israel, Mike Huckabee, made his comments during an interview with conservative commentator Tucker Carlson that aired Friday.
Entertainment
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Rose Byrne on playing a woman at the end of her rope in "If I Had Legs I'd Kick You"
The Australian-born actress earned an Academy Award nomination for her powerful performance as a mother stretched to the limits.
Extended interview: Rose Byrne
In this web exclusive, Rose Byrne, an Oscar nominee for best actress for her performance in Mary Bronstein's "If I Had Legs I'd Kick You," talks with Tracy Smith about her response to the character of Linda, a woman at the end of her rope. She also talks about her early years in Hollywood, including her friendship with fellow Australian Heath Ledger, and her experience playing comedy with "Bridesmaids."
Rose Byrne on "If I Had Legs I'd Kick You"
Australian-born actress Rose Byrne earned an Academy Award nomination for her powerful performance in the drama "If I Had Legs I'd Kick You," playing a mother stretched to the limits. She talks with correspondent Tracy Smith about playing a woman losing all sense of control. Byrne also discusses her early years in Hollywood and the help she received from fellow Aussie Heath Ledger; and how she branched off from working in dramas like the TV series "Damages," to comedies like "Bridesmaids."
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including Academy Award-winning actor Robert Duvall.
The legacy of the Studio Museum in Harlem
In 1968, a group of artists, activists, and community members founded the Studio Museum in Harlem. It was a space not just for displaying works celebrating the contributions of African-American artists, but also to foster up-and-coming artists through a residency program. Now, following a seven-year, $160 million renovation, the Studio Museum has reopened. Nancy Giles pays a visit.
Technology
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Technology
Robots can help amid nursing home staffing crisis
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
Social psychologist on social media addiction
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
How AI powered robots are helping small farms
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.
Judge scolds Mark Zuckerberg's team for wearing Meta glasses to trial
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
Mark Zuckerberg grilled in court
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
Science
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In a first, shark seen on camera in Antarctica waters, surprising researchers
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.
How Washington's crossing of the Delaware presaged a changing world
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.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Crime
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The violent history of "El Mencho," the cartel leader killed in Mexico
Nemesio Rubén Oseguera Cervantes — also known as "El Mencho" — was the leader of the notorious Jalisco New Generation Cartel prior to his death on Sunday.
Cellphone app, security video critical in helping solve teen's murder
In April 2024, college student Sade Robinson, 19, went on a first date and never came home. Her car was found set on fire 3 miles from her apartment. Using data from an app on her phone, law enforcement began to piece together where she went — and who she was with.
Ex-Army recruiter blamed wife for his demotion. Did he kill her for revenge?
Cati Blauvelt was discovered in an abandoned South Carolina farmhouse in 2016 — a broken knife blade inside her body. Almost immediately, her friends had one suspect in mind: John Blauvelt, her estranged husband, a once-respected Army recruiter.
Former "American Idol" contestant charged in wife's murder in Ohio
Caleb Flynn, 37, appeared in season 12 of "American Idol." He was arrested by Tipp City police last week and charged with murder, assault and tampering with evidence.
3 men suspected of shipping opium poppy to the U.S. arrested in Spain
Police in Spain seized a stash of about 1,161 pounds of Papaver somniferum, also known as opium poppy.
Space
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NASA to start slow-moving process returning moon rocket to hangar this week
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
NASA's moon rocket hit by new problem, flight pushed to April
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
Report criticizes NASA Boeing Starliner trip
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
Cosmologist on UFO files
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
NASA targets March 6 for Artemis II moonshot
A successful fueling test prompts NASA to press ahead toward a March 6 moonshot.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Milano Cortina Winter Olympics come to an end
The Milano Cortina Winter Olympics came to a spectacular close Sunday night in a historic Roman amphitheater in Verona, Italy. Seth Doane in Cortina covered all 19 days of competition and reflects on its impact.
Team USA wins men's hockey gold in overtime
The U.S. men's hockey team beat Canada on Sunday to win its first Olympic gold medal since the "Miracle on Ice" in 1980. Kelly O'Grady reports.
Russia launches another attack on Ukraine
Russia fired scores of missiles and drones at targets across Ukraine Sunday. Holly Williams is in Kyiv with more.
U.S.-Iran tensions continuing to rise
The United States stands at the brink of a major conflict in the Middle East with the Iranian regime grappling with domestic discontent and the threat of U.S. strikes. Charlie D'Agata reports.
"El Mencho" killed in military operation
Mexican security forces killed Nemesio Rubén Oseguera Cervantes, also known as "El Mencho," during an operation in the western state of Jalisco, Mexico's Ministry of Defense said Sunday. Violent clashes erupted in parts of western Mexico amid the operation. Americans caught in the chaos have been told to shelter in place. Willie James Inman reports.