
Why stocks rose after alarming GDP data?
The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
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The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors.
The U.S. economy shrank during the first three months of 2025. The Commerce Department reported Wednesday that U.S. gross domestic product declined at an annual rate of 0.3% from January to March. CBS News' Kelly O'Grady and Ed O'Keefe have more.
In a matter of weeks, two very different meetings happened between President Trump and Michigan Democratic Gov. Gretchen Whitmer. NOTUS Congress reporter Daniella Diaz and Bloomberg senior national political correspondent Nancy Cook break it down.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Stocks slid on Wednesday after new data showed that the U.S. GDP declined at a .3% rate in the first quarter of 2025. It was the worst quarterly performance for the U.S. economy since early 2022. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Tuesday marks the 100th day of President Trump's second term in office. CBS News' Major Garrett, Olivia Rinaldi, Kelly O'Grady and Scott MacFarlane report on how he has reshaped the economy and the government.
"Trust in Trump" was the White House's message on Tuesday when it came to the president's economic policy. But his wide-reaching tariffs have shaken economic norms, led to market uncertainty and voter concerns. CBS News MoneyWatch correspondent Kelly O'Grady examines the state of the economy 100 days into Mr. Trump's second term.
The Dow Jones closed in the green on Tuesday as President Trump marked 100 days of his second term. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the state of the economy.
Consumer sentiment fell more than 8% in March, according to a survey from the University of Michigan, marking the fourth straight decline. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to assess what the figure could say about the state of the economy.
Financial markets are likely to remain choppy until investors get more clarity on U.S. trade policy, Wall Street analysts say.
The Dow Jones eked out a 0.05% gain Friday as investors digested mixed messages on trade talks between the U.S. and China. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
The stock market briefly stalled on Thursday before closing higher for the third day in a row. The slight hiccup came after Beijing denied the Trump administration's claim that there are ongoing trade talks between China and the U.S. CBS News senior business and tech reporter Jo Ling Kent reports.
The Trump White House insists it can still seal 75 trade deals in 90 days, but what is that uncertainty doing to the economy in the meantime? Justin Wolfers, professor of public policy and economics at the University of Michigan, joins "America Decides" to discuss.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Tesla released its earnings report for 2025's first quarter Tuesday with sales and profits falling short of analyst expectations as CEO Elon Musk continues to focus on the Trump administration's Department of Government Efficiency. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump is escalating his attacks on Federal Reserve Chair Jerome Powell as questions emerge about the future of the U.S. economy. CBS MoneyWatch correspondent Kelly O'Grady has more.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
Stocks slumped again on Monday as President Trump continued his attacks on Federal Reserve Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Here's what to know about whether banks and other institutions are open on Easter Monday in the U.S.
The Trump administration is continuing to criticize Federal Reserve Chair Jerome Powell. The president's top economist said President Trump and his team are studying whether the president can fire him. Democratic Rep. Mike Levin of California joins "America Decides" to discuss.
Some small business owners are concerned that the high cost of President Trump's tariffs on imports could shutter their companies. CBS MoneyWatch reporter Megan Cerullo has more.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
The terrorist group Hamas may be planning an attack on "Palestinian civilians" in the Gaza Strip, the U.S. State Department announced Saturday.
Crowds hit the streets in cities and towns across the country to vent their anger over President Trump's policies in "No Kings" protests.
Federal agents deployed tear gas on a crowd in Chicago, prompting a judge to ask the agents to wear body cameras.
Since the Gaza peace plan took effect early this week, Hamas has handed over 20 living hostages and the remains of at least eight confirmed hostages.
President Trump on Saturday said the survivors, from Ecuador and Colombia, will be returned to their countries of origin.
In a post on Truth Social, the president said the ex-New York congressman has been "horribly mistreated" in prison.
The 5 Freeway, a major artery in Southern California, had closed for a live-fire event at Camp Pendleton in northern San Diego County that was being attended by Vice President JD Vance.
Tensions between the U.S. and Venezuela are at an all-time high over deadly U.S. strikes in Caribbean waters targeting suspected drug traffickers.
David Huerta was arrested in June outside a business where federal agents were investigating suspected immigration violations.