Jamie Dimon, Wall Street figures warn about Trump's tariffs
JPMorgan CEO Jamie Dimon and noted Wall Street investor Bill Ackman are speaking out about President Trump's tariffs.
Tariffs
U.S. stocks down sharply after open
The U.S. stock market opened down sharply Monday, teeing up to be the third straight day of major losses after President Trump announced sweeping tariffs on trading partners last week. Global markets also tumbled on Monday as the Trump administration continued to defend its tariff plan. CBS News' Kelly O'Grady, Ramy Inocencio and Caitlin Huey-Burns have the latest.
"Hands off!" rallies held across U.S.
Thousands of demonstrators participated in "Hands off!" rallies across the U.S. over the weekend to protest the Trump administration's policies, including immigration, tariffs and cuts to federal jobs and programs. CBS News congressional correspondent Nikole Killion has more.
Trump and Netanyahu to meet
President Trump is set to meet with Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. It's their second face-to-face meeting since Mr. Trump took office. Meanwhile, a Palestinian teenager with U.S. citizenship was killed by Israeli forces over the weekend, officials said. CBS News foreign correspondent Ramy Inocencio has the latest developments on the Middle East.
Trump defends tariffs amid market downturn
The impact of President Trump's sweeping tariffs continues to impact global markets as European and Asian stocks saw drops Monday morning. U.S. stock futures indicate it could be another tough day on Wall Street as Mr. Trump defends his tariff plan. CBS News' Natalie Brand has the latest.
Trump tells Americans to "hang tough" as 10% universal tariffs take effect
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
White House defending Trump's tariffs
The White House is standing behind President Trump's tariffs even after stock markets around the world crumbled. Weijia Jiang has the latest.
Week in Review - Trump's tariffs
President Trump's announcement of tariffs against all the United States' trade partners sent shockwaves through the financial markets this week. CBS News reports.
Sen. Barrasso: Tariffs are a "180-degree change" from last 4 years
Sen. John Barrasso tells "Face the Nation with Margaret Brennan" that the new tariffs laid out by President Trump come as the Republican Party has a "comprehensive economic plan" to boost the American economy.
Commerce Secretary says Trump "wasn't kidding. The tariffs are coming."
Commerce Secretary Howard Lutnick said President Trump "wasn't kidding," and his reciprocal tariffs will take effect later this week.
Lutnick says new tariffs are here to stay
Commerce Secretary Howard Lutnick tells "Face the Nation with Margaret Brennan" that the new tariffs announced by President Trump are not going anywhere as they will help "reset the power of the United States of America," calling it a "national security issue."
Rep. Bacon on measure over trade authority
Rep. Don Bacon tells "Face the Nation with Margaret Brennan" that a measure to claw back Congress' authority over trade is beginning to get support from both parties after President Trump implemented widespread global tariffs.
Sen. Cantwell on measure for trade control
Sen. Maria Cantwell tells "Face the Nation with Margaret Brennan" that both Democrats and Republicans, as well as consumer interest groups, are concerned about the new tariffs by President Trump and their impact on goods in America.
Open: This is "Face the Nation," April 6, 2025
This week on "Face the Nation with Margaret Brennan," Commerce Secretary Howard Lutnick and Sen. John Barrasso discuss the new tariffs announced by President Trump. Rep. Don Bacon and Sen. Maria Cantwell discuss a measure in Congress to claw back its authority over trade and NATO Secretary General Mark Rutte discusses next steps in the Russia-Ukraine war and the impact from the tariffs on the military alliance.
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.
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.
Live
U.S. beginning effort to "guide" stranded ships out of Strait of Hormuz
A U.S.-led task force says it's starting to try to guide ships that aren't involved in the war with Iran out of the Strait of Hormuz. President Trump announced the operation on Sunday.
Why some white nationalists are showing up at areas hit by natural disasters
After natural disasters, white nationalists, militias, and conspiracists often arrive, offering help. But they also want to recruit and improve their image.
Rudy Giuliani hospitalized in critical condition, spokesperson says
There was no immediate reason given for the 81-year-old's hospitalization.
2 U.S. service members missing amid training exercise in Morocco
The service members were participating in African Lion, the largest joint military exercise on the continent.
Press gala shooting suspect moved off suicide watch, records show
In a motion requesting Allen's removal from suicide watch, his lawyers said that the restrictions amount to "violations of his rights under the Due Process Clause."
Shooting at lake near Oklahoma City leaves at least 12 injured
At least 12 people were at hospitals following a shooting at party at Arcadia Lake, near Oklahoma City, police say.
Sen. Raphael Warnock: Supreme Court "poured fuel on this redistricting arms race"
Democratic Sen. Raphael Warnock of Georgia called the Supreme Court's decision last week to strike down Louisiana's congressional map and weaken the Voting Rights Act "a massive and devastating blow."
Former guerrillas learn about birding in Colombia
Years after he was kidnapped by guerrillas in Colombia, a bird expert decided to introduce his former captors to birding, thinking they might make good guides.
United flight landing at Newark strikes light pole, truck on N.J. Turnpike
An investigation is underway after a United Airlines plane struck a light pole and truck on the New Jersey Turnpike as it was coming in for a landing at Newark Liberty Airport on Sunday afternoon, officials said.
U.S.
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Shooting at lake near Oklahoma City leaves at least 12 injured
At least 12 people were at hospitals following a shooting at party at Arcadia Lake, near Oklahoma City, police say.
Man arrested at Trump Miami golf club for disturbance, Secret Service says
The incident occurred one week after shots were fired during the White House Correspondents' Dinner in Washington, D.C., and Mr. Trump was rushed off the dais.
Rudy Giuliani hospitalized in critical condition, spokesperson says
There was no immediate reason given for the 81-year-old's hospitalization.
Video shows United flight strike truck on N.J. Turnpike before landing at Newark
An investigation is underway after a United Airlines plane struck a light pole and truck on the New Jersey Turnpike as it was coming in for a landing at Newark Liberty Airport on Sunday afternoon, officials said.
Press gala shooting suspect moved off suicide watch, records show
In a motion requesting Allen's removal from suicide watch, his lawyers said that the restrictions amount to "violations of his rights under the Due Process Clause."
MoneyWatch
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Overtourism: Too much of a good thing?
"Sunday Morning" looks at the impacts that increasing numbers of tourists, spurred in large part by social media, are having in some of the world's most popular and fragile destinations.
Berkshire Hathaway has 1st annual meeting without Warren Buffett
The company's first-quarter profit more than doubled as the value of its investments grew and most of its businesses improved.
Spirit Airlines shutting down after failed effort at government rescue deal
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Pickleball Inc. $225 million deal creates new home for sport
The deal merged Major League Pickleball and the Carvana PPA Tour, two of the nascent sport's most active entities, under one company, Pickleball Inc.
Exclusive
Ford CEO says company is focusing on making vehicles more affordable
Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."
Politics
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Man arrested at Trump Miami golf club for disturbance, Secret Service says
The incident occurred one week after shots were fired during the White House Correspondents' Dinner in Washington, D.C., and Mr. Trump was rushed off the dais.
Rudy Giuliani hospitalized in critical condition, spokesperson says
There was no immediate reason given for the 81-year-old's hospitalization.
Rep. Jason Crow says U.S. is "not good at having off ramps" in Middle East
Democratic Rep. Jason Crow of Colorado said on Sunday that the U.S should be considering a broader question of strategy in the war with Iran.
Sen. Raphael Warnock: Supreme Court "poured fuel on this redistricting arms race"
Democratic Sen. Raphael Warnock of Georgia called the Supreme Court's decision last week to strike down Louisiana's congressional map and weaken the Voting Rights Act "a massive and devastating blow."
Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 3, 2026
The following is the transcript of the interview with White House National Economic Council Director Kevin Hassett that aired on "Face the Nation with Margaret Brennan" on May 3, 2026.
HealthWatch
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HealthWatch
5/3: Sunday Morning
Hosted by Jane Pauley. Featured: The effects of overtourism; horse therapy; a tool to help keep dementia in check; Sting on "The Last Ship"; a golf journalist takes over a failing golf course; a Mozart exhibition; and collecting PEZ dispensers.
A tool to help keep dementia in check
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia. National Public Radio correspondent Allison Aubrey talks with neurologist Dr. Jonathan Rosand about how making changes to your daily habits might just be the prescription needed.
A tool to help keep dementia in check
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia.
Horsepower: How horses are therapeutic
Horses can form powerful bonds with people owing to their ability to sense and feel human emotions. Endeavor Therapeutic Horsemanship, in Bedford Corners, N.Y., has programs that help people with disabilities, veterans with PTSD, and the incarcerated through interactions with their horses. "60 Minutes" correspondent Lesley Stahl reports.
Football practice was leaving a teen fatigued. A rare cancer was to blame.
Cameron Rider's fatigue, body aches and fever were diagnosed as pneumonia, but he couldn't seem to get better.
World
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Ukraine hits Russian oil assets, including "shadow fleet" tankers
Ukraine has launched a wave of strikes against Russia's oil export infrastructure, including tankers in its "shadow fleet."
Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 3, 2026
The following is the transcript of the interview with White House National Economic Council Director Kevin Hassett that aired on "Face the Nation with Margaret Brennan" on May 3, 2026.
Transcript: Rep. Jason Crow on "Face the Nation with Margaret Brennan," May 3, 2026
The following is the transcript of the interview with Rep. Jason Crow, Democrat of Colorado, that aired on "Face the Nation with Margaret Brennan" on May 3, 2026.
Transcript: Minneapolis Fed president and CEO Neel Kashkari on "Face the Nation with Margaret Brennan," May 3, 2026
The following is the transcript of the interview with Minneapolis Fed president and CEO Neel Kashkari that aired on "Face the Nation with Margaret Brennan" on May 3, 2026.
Transcript: Sen. Raphael Warnock on "Face the Nation with Margaret Brennan," May 3, 2026
The following is the transcript of the interview with Sen. Raphael Warnock, Democrat of Georgia, that aired on "Face the Nation with Margaret Brennan" on May 3, 2026.
Entertainment
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Entertainment
5/3: Sunday Morning
Hosted by Jane Pauley. Featured: The effects of overtourism; horse therapy; a tool to help keep dementia in check; Sting on "The Last Ship"; a golf journalist takes over a failing golf course; a Mozart exhibition; and collecting PEZ dispensers.
Sting embarks on "The Last Ship"
The English city of Newcastle was hometown of the rock musician Sting, who as a young man witnessed the city's shipbuilding business dry up. He's paid homage to his town's heritage by writing and starring in a musical, "The Last Ship."
Extended interview: Sting
In this web exclusive, the rock musician Sting talks with Mark Phillips about his stage musical, "The Last Ship," in which he stars, and which is being performed on a global tour. He calls the show an elegy for what Newcastle and its people represented to him growing up. He also discusses why, for him, uncertainty is a key component of art; why performing "Roxanne" today is never tiresome; and why, for him, music is a church.
Sting embarks on "The Last Ship"
For centuries the English city of Newcastle was a hard-scrabble industrial powerhouse that built ships. It was also the hometown of the rock musician Sting, who as a young man witnessed the city's shipbuilding business dry up. He's paid homage to his town's heritage by writing and starring in a musical, "The Last Ship," which he's now taking on an international tour. He talks with Mark Phillips about his long career, and why he can't stop working.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including songwriter David Allan Coe, famous for his country hit "Take This Job and Shove It."
Technology
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Technology
Almanac: May 3
"Sunday Morning" looks back at historical events on this date.
Reducing data center impact on U.S. power grid
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
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.
Apple's latest earnings beat expectations
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
Elon Musk concludes testimony in OpenAI trial
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Science
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Science
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
Crime
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Shooting at lake near Oklahoma City leaves at least 12 injured
At least 12 people were at hospitals following a shooting at party at Arcadia Lake, near Oklahoma City, police say.
Man arrested at Trump Miami golf club for disturbance, Secret Service says
The incident occurred one week after shots were fired during the White House Correspondents' Dinner in Washington, D.C., and Mr. Trump was rushed off the dais.
Press gala shooting suspect moved off suicide watch, records show
In a motion requesting Allen's removal from suicide watch, his lawyers said that the restrictions amount to "violations of his rights under the Due Process Clause."
Stalked woman shot at 14 times by ex-boyfriend during horrific 911 call
Gloria Choi and her friends called Lakewood, Washington, 911 four times in 48 hours to report her being stalked by an ex-boyfriend. Two days later, he ran her off the road and riddled her truck with bullets as she was on the line with a 911 dispatcher.
New video of correspondents' dinner suspect
New video shows the alleged White House Correspondents' Dinner shooter breaching event security after roaming the hotel hallways prior to the dinner.
Space
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Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
SpaceX launches Falcon Heavy rocket carrying powerful satellite
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
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
5/3/2026: Disaster Tourists; Birds Of War; Perfume Capital Of The World
First, when the volunteer helping after a hurricane is a white nationalist. Then, birders flock here since guerrillas disarmed. And, Grasse: The perfume capital of the world.
5/3: CBS Weekend News
Passengers deal with Spirit shutdown fallout; Trump's poll numbers tank as Iran war continues to jack up gas prices.
Cherie DeVaux reflects on historic derby win
Trainer Cherie DeVaux says she's still coming to grips with her horse Golden Tempo's longshot win in Saturday's Kentucky Derby. Jericka Duncan reports.
Replacing Minuteman III nuclear missiles
The United States is in the process of replacing the 60-year-old Minuteman III nuclear missile with the new Sentinel missile. Ian Lee reports, with an exclusive look at one of our nation's most secure and destructive weapons.
Fuel costs eating into firefighting budgets
Aircraft used to fight wildfires are getting more expensive as fuel prices rise. Carter Evans reports.