Wall Street reacts to Trump's tariff flip-flopping
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.
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U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.
Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by his trade policies. CBS News' Jill Schlesinger and Weijia Jiang report.
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill for lawmakers to avert a government shutdown. CBS News' Natalie Brand and Taurean Small have the latest.
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.
How do you measure America's standing in the world -- by the strength of its economy or the welfare of its citizens? A bipartisan group of scholars crunched nearly 30 years of data and found where America stands in the world may leave some unsure. New York Times senior writer David Leonhardt joins to discuss the findings.
Tech stocks plummeted Monday as investors raised concerns about advancements in Chinese artificial intelligence. Last week, the Chinese company DeepSeek released R1, an AI model similar to ChatGPT that costs significantly less to develop. CBS News contributor JD Durkin joins "The Daily Report" to examine the stock market's response.
A Chinese AI company called DeepSeek is sending a shock wave through Wall Street. Margaret Brennan explains.
President-elect Donald Trump returned to his hometown of New York City on Thursday to ring the opening bell at the New York Stock Exchange. Wall Street investors seem to have embraced the incoming administration as all three major indexes have hit record highs since Election Day. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
President-elect Donald Trump will succeed Taylor Swift as Time Magazine's Person of the Year. It's the second time Trump has been awarded that distinction. CBS News' Nikole Killion and Jennifer Jacobs have more.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Donald Trump is still a billionaire, but his net worth has fluctuated sharply this year along with the value of one of his main investments.
Fast food giant McDonald's reported its third quarter results Tuesday morning with revenue beating Wall Street's expectations at around $6.9 billion. CBS MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Wall Street opened with a bumpy start Thursday after the producer price index in August rose in line with expectations. CBS News contributor Javier David discusses how the data might affect the Federal Reserve's interest rate decision next week.
In August, artificial intelligence chip maker Nvidia set the record for the largest one-day increase in market value in stock market history. On Tuesday, it did the opposite. The company's shares fell nearly 10% in what is the largest single day drop for any U.S. company in stock market history. Jeremy Owens, host of "On Watch" podcast, joins to discuss.
Nvidia profits jumped massively, but the chipmaking company that helps AI technology run saw a drop in stock price. Nico Grant, a technology correspondent for The New York Times, joins CBS News with more details.
Fears of a U.S. economic slowdown sent markets falling at the start of the trading week on Monday, with markets in Asia and Europe falling as well. CBS News senior business and tech correspondent Jo Ling Kent has more from New York.
Stocks plunged Monday amid fears that the U.S. is entering the early stages of a recession, with the Dow Jones falling 2.6 percentage points. CBS News senior business and tech correspondent Jo Ling Kent examines what's driving the global economic uncertainty.
The stock market plunged Friday after a weaker-than-expected July jobs report raised fears of a slowing economy. But should Americans actually be worried about the sell-off? CBS News contributor JD Durkin joins to discuss.
Nvidia launched in 1993 as a tech startup developing advanced video game graphics, and it's now the most valuable company in the world. Axios chief financial correspondent Felix Salmon joins to discuss what's behind the company's growth.
Artificial intelligence is reshaping American life, including changing the investment landscape as AI-related stocks are booming. CBS News' John Dickerson examines some of the best performers to explain which industries make up the AI revolution.
Steve Kroft reported on the financial instruments that fueled the 2008 economic crisis.
In 2010, Steve Kroft spoke with Michael Lewis about his book “The Big Short” which explained how some of Wall Street's finest minds managed to destroy $1.75 trillion dollars of wealth in the subprime mortgage markets.
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss what the record mark suggests about the economy.
Ahead of a flight from Turkey, he secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source.
Stalemate between two countries deepens as President Trump mirrors Iran's demand for compensation and claims U.S. controls the Strait of Hormuz
A federal judge dismissed fraud charges against Indian billionaire Gautam Adani at the DOJ's request. But in an unusual twist, he refused to dismiss charges against some co-defendants and criticized the DOJ's handling of the case.
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
South Carolina Republicans will be choosing a successor for the late Sen. Lindsey Graham's seat, and Minnesota's Senate primary is another battle between moderate and progressive Democrats.
The 7.4 magnitude earthquake's epicenter was San José del Palmar, about 250 miles west of Colombia's capital, Bogota, officials said.
Russia and North Korea have been collaborating in the offensive against Ukraine since 2024.
At least 2,000 people have died among the confirmed cases in Congo's Ebola outbreak that is the fastest spreading on record, according to the latest government data.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
No winning tickets were sold for Monday night's $905 million Powerball jackpot, so the estimated grand prize for Wednesday night's drawing will be at least $975 million, Powerball says.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Temperatures last month averaged 76.9 degrees Fahrenheit as above-average warmth blanketed the U.S.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
No winning tickets were sold for Monday night's $905 million Powerball jackpot, so the estimated grand prize for Wednesday night's drawing will be at least $975 million, Powerball says.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
The issue arose when a skiff ran out of fuel off the coast of Alaska and called for assistance from nearby ships.
South Carolina Republicans will be choosing a successor for the late Sen. Lindsey Graham's seat, and Minnesota's Senate primary is another battle between moderate and progressive Democrats.
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source, as the U.S. grappled with a threat from Iran.
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
A federal judge dismissed fraud charges against Indian billionaire Gautam Adani at the DOJ's request. But in an unusual twist, he refused to dismiss charges against some co-defendants and criticized the DOJ's handling of the case.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
At least 2,000 people have died among the confirmed cases in Congo's Ebola outbreak that is the fastest spreading on record, according to the latest government data.
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
Taylor Farms, the company linked to this summer's lettuce-related parasite outbreak, is now recalling jalapeño pepper products after new concerns about salmonella. Tom Hanson reports.
As kids head back to school amid the worst measles outbreak in decades, President Trump signed an executive order slashing the number of vaccines recommended for children. Ed O'Keefe has the details and Dr. Jon LaPook discusses what parents should know.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Russia and North Korea have been collaborating in the offensive against Ukraine since 2024.
At least 2,000 people have died among the confirmed cases in Congo's Ebola outbreak that is the fastest spreading on record, according to the latest government data.
Stalemate between two countries deepens as President Trump mirrors Iran's demand for compensation and claims U.S. controls the Strait of Hormuz
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source, as the U.S. grappled with a threat from Iran.
Valter Lavitola, a former journalist and import-export businessman who owns a restaurant in Rome, was close to former Italian premier Silvio Berlusconi.
Nearly 30 years after the killing of rapper Tupac Shakur, jury selection is underway for the man charged in connection with the murder, Duane "Keffe D" Davis. Celebrity attorney Chris Melcher joins CBS News to discuss.
Country music star Riley Green joins "CBS Mornings" to talk about his upcoming album, "That's Just Me," which is set for release in mid-September.
The winners of a Paw Patrol look-alike contest join "CBS Mornings" ahead of the "Paw Patrol: The Dino Movie" which premieres Aug. 14.
Some Taylor Swift songs were removed from several White House social media videos. CBS News contributor Caroline Polisi has more.
A legend among writers and reporters, and a leading practitioner of the "New Journalism," Gay Talese talks of a career writing about the famous and not-so-famous, from Frank Sinatra, to aging sports figures, mobsters and nudists.
Sen. Bernie Sanders on Monday called for more regulation of artificial intelligence, saying companies are losing control of the technology. On the same day, Meta released a new AI tool. Axios tech and policy reporter Maria Curi joins to discuss.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
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.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
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.
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. (Originally broadcast April 26, 2026.)
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Lindsay Clancy's psychiatrist, Dr. Jennifer Tufts, is back on the stand Monday as the Massachusetts murder trial enters its third week. CBS News' Katrina Kaufman has more.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
The captain of a boat that overturned in New York Harbor was charged with reckless endangerment. Twelve people were saved, but a mother and her 5-month-old daughter died. Michael George reports.
Joe Shymanski, a, well-known Washington D.C. photographer, was murdered and dismembered in 2023. His ex-wife's former boyfriend, Brandon Holbrook, was convicted in the case. Shymanski's family still wonders if anyone else was involved.
C.C. Opanowski says it's still difficult to process the fact that a person she once loved was convicted of murder. She hopes that others can learn from her story.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Following the discovery of Celeste Rivas Hernandez's remains in a vehicle registered to D4vd last fall, what were the key developments that led to charges this week? On this episode of "Case by Case," we examine all of the new details coming out of the case against singer-songwriter David Anthony Burke, who professionally goes by D4vd. "48 Hours" correspondent Natalie Morales and CBS News chief correspondent Matt Gutman break down what we know so far about Celeste's death and the alleged abusive relationship she had with the singer.
On Friday, June 5, Brendan Banfield was sentenced to life in prison without parole for orchestrating an elaborate plot to murder his wife, Christine Banfield, while carrying on an affair with the family's au pair, Juliana Peres Magalhães. The scheme involved luring an unsuspecting man, Joseph Ryan, to the Banfield home and attempting to frame him for the crime. "48 Hours" correspondent Anne-Marie Green and "48 Hours" producer Michelle Sigona share the most passionate moments from victim impact statements. You'll also hear from Brendan Banfield in court as he maintained his innocence.
A preliminary hearing offers the clearest look yet at the case against singer-songwriter D4vd, who is charged with the murder of 14-year-old Celeste Rivas Hernandez. "48 Hours" correspondent Anne-Marie Green is joined by Los Angeles Times investigative crime writer Richard Winton to unpack the latest courtroom developments, the prosecution's strategy, the defense's response, and the evidence that could determine whether the case advances to trial.
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
President Trump signed an executive order on Monday that lowers the recommended number of vaccines for children and encourages splitting up certain vaccines into separate doctor visits. Doctors spoke with CBS News about the order and suggested that parents speak with their children's pediatricians about what would be best for their kids.