Trump's latest tariffs raise odds of a U.S. recession, economists say
The likelihood of the U.S. entering a recession has jumped since President Trump announced new tariffs, according to Goldman Sachs economists.
Watch CBS News
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.
Stocks are tumbling around the world less than a week after President Trump rolled out a sweeping tariff strategy.
Overseas financial markets plummeted Monday and U.S. stock futures fell again in reaction to the Trump administration's latest tariff salvos.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Don Herring owns the Don Herring Mitsubishi dealerships in Plano and Irving and serves as Chairman of the North Texas Automobile Dealers Association.
P. Wade Ross leads a group of Black farmers and ranchers who are used to losing some---and, then, losing some. Now, they are hoping for a win.
The change in prices comes after President Trump imposed new tariffs on all goods coming from outside the U.S.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Stocks cratered in the U.S. on Thursday as anxious investors tried to assess the potential economic impact of the latest round of Trump administration tariffs.
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
Here's what to know about tariffs ahead of President Trump's plans to announce new import duties on April 2.
The Trump administration is planning to impose a round of fresh tariffs on April 2, a day President Trump has dubbed "Liberation Day."
Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and tariffs, experts say.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
These automakers are the most and least exposed to President Trump's sweeping tariffs on automobiles.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
Foreign-made brands will be impacted by these tariffs the most.
Airlines are seeing lower demand from Canadians looking to travel to the U.S. amid a brewing U.S.-Canada trade war.
President Trump's newly announced 25% tariffs on all vehicles and auto parts imported into the U.S. is set to take effect April 2.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Daizen Maeda gave Japan the lead and Anthony Elanga took it away six minutes later, giving Sweden a 1-1 draw that sent both teams to the knockout round of the World Cup.
Wyatt Langford hit a three–run home run, Jake Burger and Joc Pederson also went deep, and the Texas Rangers beat the Toronto Blue Jays 6-5.
Detectives took the suspect into custody about six hours after the shooting was reported.
Authorities say the off‑duty incident is under investigation, and the department has expressed concern for the child and family while monitoring the legal process.
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Daizen Maeda gave Japan the lead and Anthony Elanga took it away six minutes later, giving Sweden a 1-1 draw that sent both teams to the knockout round of the World Cup.
Wyatt Langford hit a three–run home run, Jake Burger and Joc Pederson also went deep, and the Texas Rangers beat the Toronto Blue Jays 6-5.
Detectives took the suspect into custody about six hours after the shooting was reported.
Authorities say the off‑duty incident is under investigation, and the department has expressed concern for the child and family while monitoring the legal process.
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
An alleged leader of the operation was arrested in Europe and returned to the United States last week.
One year after catastrophic flooding in the Hill Country, Texas has installed new flood warning sirens in some areas, but an I-Team investigation found large parts of the state still lack outdoor warning systems.
Federal officials are warning that one of the world's largest sporting events could bring more than soccer fans.
Donald Mercer was sentenced to 300 days behind bars for soliciting sex from a woman he arrested.
While FIFA is expected to make billions on the tournament, local cities are spending millions to host.
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
All military branches began requiring recruits to get flu vaccines earlier this month, an exception to Pete Hegseth's decision to lift the military's vaccine mandate, a Pentagon official said.
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The bank is closing a call center at its Plano campus and laying off 244 workers as part of a consolidation effort.
Mayor Eric Johnson said in an announcement is considering Dallas for a new hub that could bring thousands of jobs to the metroplex.
The city of Plano is on a roll, and Mayor John Muns said the key to the city's successes comes down to customer service.
Despite the costs and rules, fans are excited for the World Cup madness that's finally taking off.
After sharing management of the arena for decades, the Mavericks are now in full control.
Daizen Maeda gave Japan the lead and Anthony Elanga took it away six minutes later, giving Sweden a 1-1 draw that sent both teams to the knockout round of the World Cup.
Wyatt Langford hit a three–run home run, Jake Burger and Joc Pederson also went deep, and the Texas Rangers beat the Toronto Blue Jays 6-5.
No foul was initially called after Alyssa Thomas' fist made contact with Caitlin Clark's throat during a game between the Phoenix Mercury and Indiana Fever on Wednesday.
Japan and Sweden will face off in the final match of the group stage on Thursday evening.
Mateo Chávez and Julián Quiñones scored goals in a six-minute span early in the second half, and Mexico beat the Czech Republic 3-0 to win all three of its World Cup group-stage matches for the first time.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.