
Markets slide after Trump lobs tariff threats at Apple and EU
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
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The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
Investors are concerned about President Trump's plans to roll out new tariffs on April 2, which economists say could reignite inflation.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Two successive nighttime Russian attacks on the Ukrainian capital of Kyiv came amid a major prisoner exchange between the two countries.
The officer whose traffic arrest of a 19-year-old undocumented college student led to her detention by ICE has resigned from the department.
The last time President Trump gave a speech at the U.S. Military Academy came amid nationwide reckoning following the police killing of George Floyd in 2020.
An explosion on board a sewage boat docked on the Hudson River killed a New York City worker and injured two others.
Two people were arrested in New York City on Friday in connection with the kidnapping and torture of an Italian tourist, authorities said.
The inauguration in Quito, the country's capital, was attended by Health Secretary Robert Kennedy, Jr.
The Hamas-run Health Ministry in Gaza says the war's death toll has risen to 53,901 since the Oct. 7, 2023, terrorist attacks on Israel that sparked 19 months of fighting.
Iranian dissident filmmaker Jafar Panahi's revenge thriller "It Was Just an Accident " won the Palme d'Or at the Cannes Film Festival on Saturday.
The U.S. deported a Guatemalan man to Mexico while he was seeking asylum for fear of being harmed in those countries, court documents said.
Three masked gunmen break into California bank manager Michelle Renee's home and hold her and her young daughter hostage before forcing her to rob her own bank. But in court, the defense would try to pin the plot on the victim.
Jason Corbett, an Irish businessman living in Davidson County, North Carolina, was beaten to death with a brick paver and a baseball bat in 2015 by his American au-pair-turned-wife and her father, a former FBI agent — who claim it was in self-defense.
Oliver Widger, known online as "sailing_with_phoenix," was greeted by Hawaii Gov. Josh Green at the Waikiki Yacht Club on Oahu after reaching his destination.
The officer whose traffic arrest of a 19-year-old undocumented college student led to her detention by ICE has resigned from the department.
An East African crowned crane that escaped from a Washington state zoo was found after almost three days on the lam.
The Publix supermarket chain is recalling fruit and vegetable baby food because testing found elevated levels of lead.
President Trump says he'll decide soon whether to take Fannie Mae and Freddie Mac public — a move that was vocally sought by Trump ally Bill Ackman.
"I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America," President Trump wrote Friday afternoon.
McDonald's will shutter all standalone CosMc's locations starting next month ager two years after launching the chain in 2023.
The U.S. Department of Justice said Boeing must pay $1.1 billion, including $445 million for the crash victims' families.
The U.S. deported a Guatemalan man to Mexico while he was seeking asylum for fear of being harmed in those countries, court documents said.
The last time President Trump gave a speech at the U.S. Military Academy came amid nationwide reckoning following the police killing of George Floyd in 2020.
President Trump says he'll decide soon whether to take Fannie Mae and Freddie Mac public — a move that was vocally sought by Trump ally Bill Ackman.
A Midwestern affiliate of Planned Parenthood says it will close four of its clinics in Minnesota and four of six in Iowa within a year.
A group of high-profile attorneys have left Paul Weiss.
John Mauceri had a complicated health history, but his sudden swelling and fatigue left his team of doctors stumped.
Billy Joel canceled his upcoming tour, including all of his scheduled concerts up to early July 2026, after a recent diagnosis with the brain disorder normal pressure hydrocephalus.
A GOP tax-and-spending bill the House approved Thursday would slash federal Medicaid reimbursement for states that offer health coverage to immigrants without legal status.
Authorities in Hong Kong say COVID-19 levels are the worst in at least a year.
A CBS News Confirmed analysis of a dozen skincare influencers' accounts found that many featured ingredients not suitable for kids and were undisclosed brand partnerships or sponsored posts.
The inauguration in Quito, the country's capital, was attended by Health Secretary Robert Kennedy, Jr.
The DEA had been offering up to $1 million for information leading to the arrest of Jorge Humberto Figueroa, a leader of the infamous Sinaloa cartel.
Iranian dissident filmmaker Jafar Panahi's revenge thriller "It Was Just an Accident " won the Palme d'Or at the Cannes Film Festival on Saturday.
The Hamas-run Health Ministry in Gaza says the war's death toll has risen to 53,901 since the Oct. 7, 2023, terrorist attacks on Israel that sparked 19 months of fighting.
A power outage at the Cannes Film Festival on Saturday led police to open an arson investigation.
A brief power outage Saturday struck the star-studded Cannes Film Festival in France, along with about 160,000 households in the region. Authorities are investigating whether a fire at an electrical substation was responsible for the blackout.
Iranian dissident filmmaker Jafar Panahi's revenge thriller "It Was Just an Accident " won the Palme d'Or at the Cannes Film Festival on Saturday.
Indie pop quartet Lucius makes a return visit to Saturday Sessions. The group, led by Jess Wolfe and Holly Laessig, recently released their fifth studio album. But before performing, Lucius reflected on their years together.
A power outage at the Cannes Film Festival on Saturday led police to open an arson investigation.
Indie pop quartet Lucius makes a return visit to Saturday Sessions. The group, led by Jess Wolfe and Holly Laessig, recently released their fifth studio album. The self-titled recording goes back to their musical roots. From "Lucius," here is Lucius with "Gold Rush."
President Trump said he would impose steep tariff on Apple unless company starts manufacturing some iPhones in the U.S.
A federal judge in Orlando has ruled that artificial intelligence chatbots do not have free speech in a case centered around a wrongful death lawsuit. A 14-year-old died by suicide last year and his mother says the startup Character.Ai is to blame. Tech journalist Yasmin Khorram breaks it all down.
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.
Jony Ive, the famed designer behind iconic Apple products, will join OpenAI to create devices with generative artificial intelligence capability.
Fiverr CEO Micha Kaufman recently warned his employees about the impact of artificial intelligence on their jobs. Kaufman joins CBS News with more on his tips to beat the AI curve.
With the 2025 hurricane season starting June 1, NOAA forecasters announced their prediction for how many tropical storms and hurricanes to expect this year.
Slope streaks once believed to be signs of water on Mars might really be signs of rockfall and high winds, a new study says.
Baby KJ Muldoon was born with a rare genetic condition that is often fatal, but doctors used custom CRISPR gene therapy to target the exact mutation in his DNA. His family shares their emotional journey in their first TV interview with CBS News.
Garwin advised several presidents published more than 500 papers and was granted 47 U.S. patents.
The universe is poised to die much faster than previously thought, according to new research by Dutch scientists.
Three masked gunmen break into California bank manager Michelle Renee's home and hold her and her young daughter hostage before forcing her to rob her own bank. But in court, the defense would try to pin the plot on the victim.
Jason Corbett, an Irish businessman living in Davidson County, North Carolina, was beaten to death with a brick paver and a baseball bat in 2015 by his American au-pair-turned-wife and her father, a former FBI agent — who claim it was in self-defense.
The DEA had been offering up to $1 million for information leading to the arrest of Jorge Humberto Figueroa, a leader of the infamous Sinaloa cartel.
Prosecutors say they are considering the death penalty for the suspect accused of fatally shooting two Israeli Embassy staffers in Washington, D.C. CBS News Justice Department correspondent Scott MacFarlane reports.
Two people were arrested in New York City on Friday in connection with the kidnapping and torture of an Italian tourist, authorities said.
The latest selfie by NASA's Perseverance rover at Mars has captured an unexpected guest: a Martian dust devil.
Slope streaks once believed to be signs of water on Mars might really be signs of rockfall and high winds, a new study says.
Jupiter's stunning auroras are hundreds of times brighter than those seen on Earth, as pictured in new images taken by the James Webb Space Telescope.
May's full flower moon will light up the night sky.
Kosmos 482 was launched by the then-Soviet Union in 1972 as part of a series of missions bound for Venus. But this one never made it out of orbit around Earth, stranded there by a rocket malfunction.
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
In August 2015, former FBI agent Tom Martens and his daughter Molly Corbett admitted killing her Irish-born husband Jason Corbett, insisting they beat him in self-defense
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
Israel has carried out a slew of airstrikes across Gaza over the past day, including one strike that killed nine of 10 siblings, all age 12 and younger. The parents of the victims are both doctors at Gaza's Nasser Hospital, where the father and the couple's only surviving child, who were both wounded in the strike, are now hospitalized. Haley Ott reports.
Memorial Day Weekend marks the start of the summer travel season, and AAA projects that a total of about 45 million Americans will travel by air or on the roads this weekend. Ali Bauman has the latest.
A brief power outage Saturday struck the star-studded Cannes Film Festival in France, along with about 160,000 households in the region. Authorities are investigating whether a fire at an electrical substation was responsible for the blackout.
Researchers say bird populations are declining across every habitat, but the worst declines are in grassland birds and shorebirds. Scientists blame drastic changes in bird migration paths on invasive species, new land use, pollution and climate change. Tim McNicholas reports.
The massive waves at the legendary Mavericks in Northern California draw surfers from around the world. However, it's what lies hidden beneath its cold waters, where the land meets the Pacific Ocean, that is equally jaw-dropping. Anne Makovec explains.