Stocks shudder again as China strikes back against Trump tariffs
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Dow Jones
Dow plunges more than 1,600 points as stocks recoil from tariff shock
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Dramatic day on Wall Street
It was a dramatic day for the markets as Wall Street reacted with fear and pessimism to the Trump administration's sweeping tariffs. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns report.
Stocks see biggest wipeout since 2020
Stocks cratered in the U.S. on Thursday, one day after President Trump unveiled his plans for a 10% baseline tariff on all nations and higher levies for some. CBS News' John Dickerson anchors a special report.
Stocks slide around the world as investors recoil from Trump tariffs
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Trump tariffs have investors on edge as "Liberation Day" looms
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
Dow slips slightly ahead of Trump tariff day
The Dow Jones slipped slightly on Tuesday as investors braced for President Trump's reciprocal tariff announcement. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Ford, General Motors stocks fall after tariff
The Dow Jones closed in the red on Thursday, with Ford stocks falling more than 3% and General Motors stocks falling more than 6% as investors reacted to President Trump's new 25% tariff on auto imports. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Stocks shift into reverse as Trump rolls out new auto tariffs
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Stocks jump amid signs Trump could scale back tariffs
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Investors are taking cover as economic concerns grow
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
Powell: Tariffs may delay inflation progress
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
Stock market kicks off week in the green
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
Stock market slides on mounting fears over U.S. economic growth
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Dow drops on opening bell amid Trump tariffs
Markets opened Thursday with the Dow dropping more than 500 points after the opening bell as countries and businesses continue to grapple with President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Dow plunges after Powell's comments on rate cuts
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock markets came after Federal Reserve Chairman Jerome Powell's remarks that the Fed may not slash rates in 2025 as much as had initially been projected. Kelly O'Grady explains.
Fed makes final 2024 interest rate decision
The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed's final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady joins to break down the move.
What does financial success look like?
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
Analyzing the stock surge after Trump's win
The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to dive into the market surge and the months ahead.
Dow finishes at record high after Trump win
The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers and bitcoin also reached a new record high. CBS News business analyst Jill Schlesinger has more on Wednesday's market performance.
Dow soars 1,500 points after Trump win, as investors bank on profits
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Markets react to Trump's win
The markets are reacting to former President Donald Trump's presidential election win after his 2024 race against Vice President Kamala Harris. CBS News business analyst Jill Schlesinger has more.
Donald Trump election win boosts stocks, cryptocurrency and Trump Media
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
Dow plunges more than 1,000 points amid U.S. recession fears
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Stocks fall as fears of recession increase
The stock market took a big slide Monday following a lackluster jobs report and growing fears of a recession in the next year. Jo Ling Kent breaks down what it all means.
Live
Senate moves forward with deal to end shutdown after key vote
The Senate is continuing work on a bipartisan deal to end the government shutdown, now on Day 41. Follow live updates here.
Shutdown deal leaves many Dems furious, with little to show on health care
The decision by eight Democratic senators to embrace a deal to end the government shutdown has infuriated many members of the party.
Live
Airlines cancel thousands more flights in U.S. over government shutdown
Airlines are expected to cancel 4% of Monday's flights at 40 of the busiest airports in the U.S. to comply with an order from the FAA.
Johnson urges House members to return "right now" for shutdown vote, citing air delays
"You need to begin right now returning to the Hill," House Speaker Mike Johnson told House members on Monday, ahead of a potential
Trump floats sending Americans $2,000 tariff rebate checks
President Trump on Sunday floated the idea of tapping his administration's tariff revenue to send checks to most Americans.
Supreme Court rejects bid to overturn landmark same-sex marriage decision
The Supreme Court rejected a bid by former Kentucky county clerk Kim Davis to overturn its landmark decision on same-sex marriage.
Khanna explains call for Schumer to be replaced: "Not meeting the moment"
Democratic Rep. Ro Khanna of California said Senate Minority Leader Chuck Schumer is "out of touch with where the party's base is."
Here's what's in the Senate deal to end the government shutdown
The Senate deal to end the government shutdown would extend funding through January and promise Democrats a vote on health care.
Ghislaine Maxwell plans to ask Trump to commute sentence, House Democrats say
Ghislaine Maxwell, Jeffrey Epstein's sex trafficking co-conspirator, is planning to apply for a commutation of her 20-year prison sentence, House Judiciary Committee Democrats say.