Markets spike before close after tariff pause
Wall Street surged Wednesday after President Trump announced a 90-day pause on reciprocal tariffs for many countries. CBS News' Maurice DuBois anchors a special report.
Stock Market
What Trump has said about tariffs as stock market reacts
The Trump administration's imposition and walkback of tariffs has led to stock volatility and sparked worries of a global trade war and recession.
Trump speaks after announcing tariff pause
President Trump announced Wednesday he is increasing tariffs on China to 125% while suspending reciprocal tariffs "beyond" 10% on other U.S. trade partners for the next 90 days. Mr. Trump discussed the decision during an event in front of the White House. CBS News' Aaron Navarro, Taurean Small and Kelly O'Grady have more.
What is a bear market?
With Wall Street's roller-coaster ride continuing, "The Daily Report" analyzes why some experts are warning the U.S. could be heading toward a bear market across all major indexes. After that, Hilary Milnes, Americas editor at Vogue Business, joins "The Daily Report" to discuss the impact of tariffs on small businesses.
Stocks slide after Trump moves forward with 104% China tariff
The stock market shed gains after the Trump administration announced it was moving forward with stiff tariffs on Chinese imports.
China vows to fight Trump's tariff trade war "to the end"
As President Trump threatens China with even more tariffs, Beijing says it will never bow to "unilateral bullying," and "will fight to the end."
Why the stock market ended the day in the red
Tuesday was another volatile day for the markets as tariff uncertainty gripped Wall Street. President Trump's reciprocal tariffs are set to go into effect Wednesday. CBS News' Kelly O'Grady, Aaron Navarro, Ramy Inocencio and Nikole Killion have all the latest tariff details.
Are trade deficits bad for the U.S. economy?
The Dow, Nasdaq and S&P 500 closed in negative territory Tuesday as investors continue to reel from President Trump's global tariffs. Martin Baccardax, senior editor and chief markets correspondent at TheStreet, joins "America Decides" to examine how the escalating trade war could impact the global economy and whether trade deficits are inherently bad.
Early morning stock rally fizzles out
A stock market rally fizzled by Tuesday's closing bell, with the Dow Jones wiping out a 1,400-point gain and all three major indexes closing in the red ahead of the midnight deadline for President Trump's sweeping tariffs. CBS News' Kelly O'Grady and Jennifer Jacobs have more.
Late-day stock losses amid tariff fallout
Tuesday was another volatile day for the markets as the Trump administration indicated it is taking calls from nearly 70 countries to negotiate on tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Asian markets are seeing slight stock gains
Some investors drove Asian market stocks up slightly, but the impact of President Trump's tariffs is still felt. Economic experts are bracing for months of volatility as the new trade policies take shape. CBS News' Ramy Inocencio reports.
Trump threatens to impose an additional 50% tariff on China
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
Stock market whipsaws as Trump makes new China threat
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
The long and short-term impacts from tariffs
What do President Trump's sweeping tariffs mean for the average U.S. household? Ernie Tedeschi, director of economics at Yale University's Budget Lab, joins CBS News to discuss. Then, Kate Gulliver, chief financial officer at Wayfair, joins to explain what customers can expect moving forward.
Stocks end volatile day amid uncertainty
Monday was a rollercoaster day for the markets as investors looked to make sense of President Trump's tariff policies. CBS News MoneyWatch correspondent Kelly O'Grady explains.
Some billionaires turn on Trump after tariffs
Some influential business leaders who supported President Trump's return to the White House are expressing buyer's remorse as the fallout from Mr. Trump's sweeping tariffs continues. Julia Manchester, national political reporter for The Hill, and Dave Weigel, political reporter for Semafor, join "America Decides" to discuss.
Trump sticks with tariffs amid market turmoil
President Trump said Monday he was not considering a pause on tariffs as Wall Street and world markets saw continued volatility. CBS News' Aaron Navarro, Kelly O'Grady and Nikole Killion have the latest.
U.S. stock futures sag, overseas markets plunge as tariff turmoil continues
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Trump threatens China with more tariffs
President Trump on Monday threatened to impose an additional 50% tariff on imports from China if Beijing doesn't remove its retaliatory 34% import fee on American products. CBS News' Olivia Rinaldi and Jo Ling Kent join CBS News 24/7 with more.
Where markets stand days after tariff news
CBS News business analyst Jill Schlesinger breaks down what we're seeing from the markets Monday as President Trump reinforces his decision to impose sweeping tariffs on dozens of nations. "This is turbulence. This is uncertainty," CBS News business analyst Jill Schlesinger explained on CBS News 24/7. Plus, CBS News White House reporter Olivia Rinaldi brings us the latest from Washington, D.C.
Stocks swing, oil prices fall amid tariffs
Stocks are making sharp swings on Monday amid ongoing concerns about the U.S. economy following President Trump's tariff announcement last week. Helima Croft, the head of global commodity strategy at RBC Capital Markets, joins CBS News 24/7 to break down what's happening.
U.S. stocks down sharply after open
The U.S. stock market opened down sharply Monday, teeing up to be the third straight day of major losses after President Trump announced sweeping tariffs on trading partners last week. Global markets also tumbled on Monday as the Trump administration continued to defend its tariff plan. CBS News' Kelly O'Grady, Ramy Inocencio and Caitlin Huey-Burns have the latest.
Trump defends tariffs amid market downturn
The impact of President Trump's sweeping tariffs continues to impact global markets as European and Asian stocks saw drops Monday morning. U.S. stock futures indicate it could be another tough day on Wall Street as Mr. Trump defends his tariff plan. CBS News' Natalie Brand has the latest.
White House defending Trump's tariffs
The White House is standing behind President Trump's tariffs even after stock markets around the world crumbled. Weijia Jiang has the latest.
Stock market rout deepens as Dow plunges more than 2,200 points
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Israel strikes southern Gaza, saying Hamas attacked its soldiers
This is the first major test of the Israel-Hamas ceasefire agreed upon earlier this month.
Trump calls Colombia's president an "illegal drug leader," orders end to U.S. aid
President Trump called Colombia's president an "illegal drug leader" and pledged to end U.S. aid to the country, following the leader's criticism of U.S. strikes on alleged drug boats.
Thieves break into Louvre Museum, flee with stolen jewelry in brazen heist
Thieves broke into the Louvre in Paris — the world's most visited museum — early Sunday morning. Museum officials said they stole jewelry and fled.
Jeffrey Epstein survivor Virginia Giuffre, in her own words
She was a 16-year-old employee at Mar-a-Lago in 2000 when she says she was recruited into Jeffrey Epstein's sex trafficking ring. Before her death by suicide earlier this year, Giuffre wrote a memoir, "Nobody's Girl," and sought the release of the Epstein Files.
Kushner: Create a "viable alternative" to govern Gaza, and Hamas will fail
Jared Kushner's comments come as the U.S. said Hamas may be planning an attack on Palestinian civilians.
Crowds gather at anti-Trump "No Kings" rallies across the U.S., worldwide
Crowds hit the streets in cities and towns across the country to vent their anger over President Trump's policies in "No Kings" protests.
Ex-ICE director says immigration crackdown putting agents in "terrible position"
Federal agents deployed tear gas on a crowd in Chicago, prompting a judge to ask the agents to wear body cameras.
Israel identifies the remains of 2 hostages handed over by Hamas
Since the Gaza peace plan took effect early this week, Hamas has handed over 20 living hostages and the confirmed remains of 12 hostages.
California labor leader's felony charge over immigration protest is reduced
David Huerta was arrested in June outside a business where federal agents were investigating suspected immigration violations.