Reporter's Notebook: Wall Street vs. Main Street
Tariff talk sparks confusion on Wall Street, but Main Street businesses are already struggling. "CBS Evening News" co-anchor John Dickerson explains.
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Tariff talk sparks confusion on Wall Street, but Main Street businesses are already struggling. "CBS Evening News" co-anchor John Dickerson explains.
The White House Budget Office says that President Trump would veto a bipartisan Senate bill that limits his authority to impose tariffs, should the legislation pass and get to his desk. CBS News congressional correspondent Nikole Killion reports.
President Trump vowed there will be no pause to his wave of global tariffs. Despite the negative impact on the markets, and the increasing uncertainty about small and large businesses alike, the president promises his tariff plan will revive America's manufacturing sector. Josh Bivens, chief economist at the Economic Policy Institute, joins to discuss.
What do President Trump's sweeping tariffs mean for the average U.S. household? Ernie Tedeschi, director of economics at Yale University's Budget Lab, joins CBS News to discuss. Then, Kate Gulliver, chief financial officer at Wayfair, joins to explain what customers can expect moving forward.
White House officials say they have already been approached by more than 50 countries looking to cut deals -- a sign, they say, that new tariffs are working. But President Trump has not accepted any of the offers he's gotten so far, leaving some world leaders wondering exactly what it will take to get him to say yes. Nancy Cordes has more.
President Trump hosted Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. Netanyahu told reporters he wants to drop all trade barriers with the U.S., but Mr. Trump wasn't willing to commit to the same. CBS News White House reporter Aaron Navarro has more.
Monday was a rollercoaster day for the markets as investors looked to make sense of President Trump's tariff policies. CBS News MoneyWatch correspondent Kelly O'Grady explains.
Some influential business leaders who supported President Trump's return to the White House are expressing buyer's remorse as the fallout from Mr. Trump's sweeping tariffs continues. Julia Manchester, national political reporter for The Hill, and Dave Weigel, political reporter for Semafor, join "America Decides" to discuss.
President Trump threatened to impose additional tariffs on China even as markets saw another turbulent day of trading on Monday. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins "America Decides" to share his perspective.
President Trump said Monday he was not considering a pause on tariffs as Wall Street and world markets saw continued volatility. CBS News' Aaron Navarro, Kelly O'Grady and Nikole Killion have the latest.
President Trump took questions from reporters on tariffs, Gaza and other topics Monday in the Oval Office as he met with Israeli Prime Minister Benjamin Netanyahu. Maurice DuBois anchored CBS News' special report on the president's comments.
The likelihood of the U.S. entering a recession has jumped since President Trump announced new tariffs, according to Goldman Sachs economists.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
President Trump on Monday threatened to impose an additional 50% tariff on imports from China if Beijing doesn't remove its retaliatory 34% import fee on American products. CBS News' Olivia Rinaldi and Jo Ling Kent join CBS News 24/7 with more.
JPMorgan CEO Jamie Dimon and noted Wall Street investor Bill Ackman are speaking out about President Trump's tariffs.
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.
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.
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.
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.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
The White House is standing behind President Trump's tariffs even after stock markets around the world crumbled. Weijia Jiang has the latest.
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. 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 Howard Lutnick said President Trump "wasn't kidding," and his reciprocal tariffs will take effect later this week.
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."
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
President Trump is delivering a speech on election security Thursday night at the White House.
The State Department is cracking down on universities accepting funding from foreign entities on U S. government watch lists.
Since the beginning of his second administration, the government has cut thousands of workers who were tasked with ensuring secure elections in the U.S.
Iran said it would attack "all infrastructure in the region" if President Trump follows through on his threats to attack Iranian civilian infrastructure.
A lettuce supplier to fast-food giant Taco Bell is being investigated as a possible source for a nationwide cyclosporiasis outbreak that has sickened thousands of people.
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is engulfing large swaths of the Midwest and Northeast U.S. this week.
More than a foot of rain has fallen since Monday, triggering dangerous flash flooding in Central Texas.
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
President Trump is delivering a speech on election security Thursday night at the White House.
Acting Attorney General Todd Blanche met with accusers of Jeffrey Epstein following a demand to do so by a Republican senator whose support is crucial to advancing his nomination to lead the Justice Department.
Dozens of beluga whales are set to be relocated from the shuttered Canadian theme park to aquariums across the United States through an international emergency rescue effort, officials said.
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
Adjusting to permanent daylight saving time would cause significant disruptions to schedules and operations, an airline trade group said.
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
The recall includes cases of Pillsbury "Hard Roll Dough" and "Kaiser Roll Dough" bread rolls, which are marketed to businesses.
The state with the biggest jump in foreclosure activity was Idaho, where filings increased 59% compared to the same time last year.
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
President Trump is delivering a speech on election security Thursday night at the White House.
Acting Attorney General Todd Blanche met with accusers of Jeffrey Epstein following a demand to do so by a Republican senator whose support is crucial to advancing his nomination to lead the Justice Department.
Since the beginning of his second administration, the government has cut thousands of workers who were tasked with ensuring secure elections in the U.S.
The FDA has approved a new daily cholesterol pill that works differently from popular statins and may deliver better results for some people. Dr. Corey Bradley, a cardiologist at Columbia University's Irving Medical Center, joins "CBS Evening News" to discuss.
The FDA has identified Taylor Farms as the likely source of lettuce contaminated with the parasite behind cyclosporiasis, as the outbreak grows. Mark Strassmann reports.
A lettuce supplier to fast-food giant Taco Bell is being investigated as a possible source for a nationwide cyclosporiasis outbreak that has sickened thousands of people.
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
"Healthful with Norah O'Donnell" launches July 22.
Dozens of beluga whales are set to be relocated from the shuttered Canadian theme park to aquariums across the United States through an international emergency rescue effort, officials said.
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
One climatologist said "a perfect storm" of climate extremes primed the western U.S. for one of its worst fire seasons in a decade. Meanwhile, Canadian wildfire smoke fills the air.
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Author and journalist Stephen Dubner, who rose to fame when he co-wrote The New York Times bestseller "Freakonomics," talks with "CBS Mornings" about launching his own weekly talk show on YouTube, "Better in Person." Dubner discusses how the show got its start, his wide range of guests and why he decided to self-finance it.
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
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.
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
Meta announced it is introducing new features to help protect teens using Instagram, Facebook and WhatsApp, including alerting a parent if their child discusses self-harm with one of its AI chatbots. Kelly O'Grady explains.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
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.
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
Antioch, Illinois, mother Jennifer Bos voiced her support for Todd Blanche at his confirmation hearing to become attorney general. Bos advocates for stricter immigration policy after her daughter was allegedly murdered by an illegal immigrant.
Ronaldo Salgado and Lorenzo Salgado Jr., the sons of the Mexican man who was shot and killed by an ICE agent in Houston, spoke to CBS News' Camilo Montoya-Galvez about their father's death.
Newly obtained GPS data from the Mississippi Department of Marine Resources tracks the movements of the boat that Mississippi teen Nolan Wells was on before he went missing. Wells was found dead after a Fourth of July boat trip to Horn Island with friends. CBS News' Anna Schecter has the latest on the investigation.
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
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.
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.
President Trump on Thursday delivered a primetime address about election security where he railed against China. Tony Dokoupil anchored CBS News' special report.
Millions of Americans across the Northeast and Midwest were under air quality alerts this week as smoke from Canadian and Minnesota wildfires settled in. At the same time, some of those same areas saw severe heat. CBS News medical correspondent Dr. Céline Gounder has more.
Sen. Mark Warner joins CBS News with his reaction to President Trump's primetime address on Thursday about U.S. election security.
President Trump addressed the U.S. in a primetime speech on Thursday night about election security, launching allegations against China. Tony Dokoupil anchored CBS News' special report.
This week, a federal judge slammed President Trump, his lawyers, and the Justice Department over the president's lawsuit against the Internal Revenue Service. CBS News legal contributor Jessica Levinson has more details and analysis.