S&P 500 marks worst quarter since 2022 amid tariff and inflation fears
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
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Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
President Trump is set to announce the next round of tariffs on Wednesday. Many Americans feel he's focusing too much on these taxes, which will raise the cost of imported goods, and not enough on inflation. Nancy Cordes and Lana Zak report.
The Trump administration will unveil its long-planned reciprocal tariffs this week with a 25% import tax on foreign-made cars and auto parts also set to go into effect. CBS News' Fin Gómez, Kelly O'Grady and Anthony Salvanto have more.
Americans have questions about the impact of President Trump's upcoming tariffs. Colby Smith, a reporter for The New York Times, joins CBS News with more on the worrying sentiments.
Policy uncertainty is driving worries in the markets that may be increasing predictions about an incoming recession. Bill Watts, a markets editor at MarketWatch, joins CBS News with more.
President Trump is previewing his "Liberation Day" tariffs as countries around the world await the economic impact of his proposals. CBS News' Willie James Inman has more on Mr. Trump's comments.
A recent CBS News poll reflects the worries among Americans as they prepare for potential higher prices that may be ushered by President Trump's tariffs. Isabel Wang, a markets reporter for MarketWatch, joins CBS News with more.
President Trump says his new tariffs will be "kinder" than those levied by other nations as a response to his ongoing trade war. CBS News' Weijia Jiang reports.
Car dealers are seeing a rise in shoppers as worries of increased prices persist. This comes as President Trump's promised tariffs continue to impact the U.S. economy. CBS News' Lana Zak reports.
These automakers are the most and least exposed to President Trump's sweeping tariffs on automobiles.
American consumers and investors are bracing for an economic hit as President Trump's "Liberation Day" tariffs near. White House reporter Aaron Navarro has more from CBS News' latest poll, and contributor J.D. Durkin breaks down Wall Street's reaction.
President Trump's expected tariffs are causing anxiety on Wall Street as investors and markets brace for an uncertain future. CBS News' Weijia Jiang has more.
A fresh CBS News poll shows many Americans are worried about the state of the economy and President Trump's tariffs. Also, polling data shows a positive response to Mr. Trump's immigration policies. CBS News' Anthony Salvanto reports.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
A CBS News poll released Sunday finds that Americans' approval of President Trump's handling of the economy has ticked down, and most say he's focusing too much on tariffs and not lowering prices. CBS News director of elections and surveys Anthony Salvanto breaks down the poll.
President Trump's trade war is already being felt in the heartland. Americans feeling the crunch are concerned that tariffs could stretch thin budgets even thinner. Lana Zak reports.
President Donald Trump's tariff plans and worsening inflation data has investors on edge. Wall Street suffered a steep sell-off on Friday, with the three major indexes all down sharply. While heading to Mar-a-Lago this weekend, Trump said he is open to carving out deals with countries looking to avoid tariffs, but that likely won't happen until after they are set to begin on Wednesday.
Wall Street's decline fueled by inflation worries and the impact of tariffs likely won't be short-lived as wider reciprocal import taxes are set to go into effect next week. Consumer confidence along with spending aren't faring much better. Jo Ling Kent joins to discuss.
Peak wedding season officially kicks off next week. The average wedding in the U.S. costs over $30,000 and event planners are warning that prices could go up from President Trump's new tariffs. CBS News MoneyWatch correspondent Nancy Chen reports.
The markets ended the week with a significant sell-off amid concerns over President Trump's incoming tariffs and inflation. MarketWatch markets reporter Isabel Wang joins "The Daily Report" to discuss.
President Trump's 25% tariff on imported vehicles is getting a thumbs up from the president of the United Auto Workers Union. Shawn Fain told Major Garrett the tariffs will bring jobs back to the U.S., but he said more needs to be done for workers.
In just five days, President Trump will move forward with his plan for broad reciprocal tariffs on any nation charging import taxes on American goods. He spoke with Canadian Prime Minister Mark Carney on Friday. CBS News reporter Taurean Small has more.
As the new Canadian prime minister pushes back against President Trump's tariffs, Toronto Mayor Olivia Chow says they may ruin Canada-U.S. relations forever. Chow joins "America Decides" to dive into the situation.
On Friday, President Trump spoke with new Canadian Prime Minister Mark Carney for the first time, Vice President JD Vance visited a U.S. military base in Greenland as the administration pushes for a takeover of the island territory and investors dumped stocks amid tariff turmoil. CBS News' Ed O'Keefe and Jo Ling Kent have the latest.
Airlines are seeing lower demand from Canadians looking to travel to the U.S. amid a brewing U.S.-Canada trade war.
The Justice Department has released records from the Epstein files, the first documents to come to light under a new law signed by President Trump.
The Brown University shooting suspect was found dead in a storage unit in New Hampshire. Authorities believe he is also responsible for killing an MIT professor.
The airstrikes on ISIS targets are being conducted in response to the killing of two U.S. Army soldiers and an civilian contractor by a lone terrorist in Palmyra, Syria.
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents are fully redacted.
Cathy Grossu, the mother-in-law of retired NASCAR driver Greg Biffle, said she had seen the family a day before the fatal crash.
A federal judge ruled that Lindsey Halligan, the prosecutor who secured the indictments against them, was unlawfully appointed to her role as interim U.S. attorney.
The Justice Department has disclosed thousands of files and photos related to late sex offender Jeffrey Epstein, following years of pressure from lawmakers and abuse survivors.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
Republican Rep. Elise Stefanik's decision to drop out came after President Trump signaled he would not make an endorsement in the race at this stage.
Former two-time heavyweight champion Anthony Joshua defeated YouTuber-turned-fighter Jake Paul by knockout in the sixth round of their much-anticipated bout at the Kaseya Center in Miami late Friday night.
The three men had escaped the jail by removing concrete blocks from an upper wall area, and then used sheets and other materials to scale an exterior wall.
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents are fully redacted.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.
A bankruptcy judge blocked an attempt by a nursing home chain's primary investor to shield himself from settlement payments and liability in lawsuits over allegations of poor care.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Republican Rep. Elise Stefanik's decision to drop out came after President Trump signaled he would not make an endorsement in the race at this stage.
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents are fully redacted.
A federal judge ruled that Lindsey Halligan, the prosecutor who secured the indictments against them, was unlawfully appointed to her role as interim U.S. attorney.
The Justice Department has disclosed thousands of files and photos related to late sex offender Jeffrey Epstein, following years of pressure from lawmakers and abuse survivors.
The airstrikes on ISIS targets are being conducted in response to the killing of two U.S. Army soldiers and a civilian contractor by a lone terrorist in Palmyra, Syria.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A memo from Dr. Vinay Prasad, the head of the FDA's Center for Biologics Evaluation and Research, may signal an effort to to rewrite the rules governing the U.S. vaccine system.
The proposals run counter to the recommendations of most major U.S. medical organizations.
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
The airstrikes on ISIS targets are being conducted in response to the killing of two U.S. Army soldiers and a civilian contractor by a lone terrorist in Palmyra, Syria.
Police said the suspect was declared dead at a hospital after jumping from the building's sixth floor, the Central News Agency reported.
Putin claims no "willingness from Ukraine" to negotiate a peace deal as he touts battlefield gains, and Kyiv claims a brazen strike on a ship far from Russia.
Australia will use a sweeping buyback scheme to "get guns off our streets," Prime Minister Anthony Albanese said Friday.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
Kiefer Sutherland recalls Rob Reiner's reaction to filming Jack Nicholson's famous scene in "A Few Good Men."
Albert Brooks said he's still in shock over the death of his friend Rob Reiner, whom he met at 14 years old.
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
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.
People are starting to develop lasting connections with artificial technology. Melissa J. Perry, the dean of the College of Public Health at George Mason University, joins CBS News with more details.
TikTok has signed a deal to sell its U.S. operations to a group of investors in America, a source familiar with the deal tells CBS News. Jo Ling Kent has more.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
The Justice Department on Friday released a batch of files related to convicted sex offender Jeffrey Epstein. CBS News' Erica Brown and Katrina Kaufman report.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
The manhunt for the suspect in Saturday's deadly shooting at Brown University is finally over. Police discovered 48-year-old Claudio Manuel Neves Valente dead in a New Hampshire storage unit on Thursday night. CBS News' Anna Schecter explains what led to the discovery.
The Department of Justice has released hundreds of thousands of files related to the criminal prosecutions of convicted sex offender Jeffrey Epstein. CBS News justice reporter Jake Rosen has more.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Visit a Uyghur restaurant in Southern California, where culture is shared and the food is made with love. Plus, a man who wanted to save his friends life by donating a kidney ends up saving his own life.
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
President Trump is holding a rally in North Carolina on Friday as he works to turn around public opinion on the economy. CBS News congressional correspondent Nikole Killion reports.
As you've no doubt heard, Santa Claus is coming to town. In fact, he's already been to Baltimore. Steve Hartman met him "On the Road."
President Trump announced new agreements on Friday with nine pharmaceutical companies aimed at making certain prescription drugs cheaper. CBS News reporter Karen Hua has the details.