Stock market rout deepens as Dow plunges more than 2,200 points and Nasdaq enters bear market
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day selloff since 2020.
MoneyWatch
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China fires back at Trump's tariffs with 34% levy on all U.S. imports
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.
Wholesale egg prices are falling. Will consumers see some relief?
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Americans react to Trump's new tariffs: "Buckle up and get ready for the ride"
President Trump's tariffs have sent markets spiraling and shockwaves through the American economy.
Fed chair says Trump tariffs will likely raise inflation, slow economy
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.
Employers added 228,000 new jobs in March, blowing past forecasts
Hiring rebounded in March, signaling that the labor market remains resilient despite stronger economic headwinds.
Here's what economists are saying about Trump's "Liberation Day" tariffs
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Which products will be affected by new tariffs announced by Trump?
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
Managing Your Money
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4 debt forgiveness myths to know now
Don't get caught believing these four misleading myths about what debt forgiveness can and can't do.
How much does a $15,000 HELOC cost monthly in 2025?
A $15,000 HELOC comes with affordable monthly payments that could soon become cheaper. Here's what to know.
How a gold investment can protect your money now
Looking for reliable ways to protect your money during today's economic uncertainty? Here's how gold could help now.
From Our Data Team
Tracking rising cost of cars, trucks, groceries ahead of Trump's tariffs
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Retirement
3 questions to ask about your retirement savings when stocks plunge
The first weeks of the new Trump administration have sparked stock market jitters and recession fears. Here's advice from top experts.
Planning to retire at 65? Most Americans have to stop working earlier.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Social Security bill to expand benefits is in the hands of the Senate
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
Work
What has DEI actually done for U.S. workers and employers?
President Trump has painted a bullseye on diversity, equity and inclusion. But what exactly is DEI, and what has it achieved?
The best and worst U.S. states for finding a good job in 2024
Ample job opportunities, low unemployment and reasonable commute times make this the top U.S. state for job seekers, analysis finds.
Want to work at Chipotle? Be prepared to chat with AI.
Chipotle plans to deploy a conversational AI hiring system, dubbed "Ava Cado," across more than 3,500 restaurants.
U.S.
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White House accidentally tells Ukrainian refugees they must leave U.S. immediately
Some Ukrainians received emails this week telling them that the U.S. Department of Homeland Security would be terminating their legal protections
Wholesale egg prices are falling. Will consumers see some relief?
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Medicare and Medicaid will not cover weight loss drugs, Trump administration decides
The Biden administration had proposed to expand coverage of the drugs.
DOGE teams cut critical funding from America's libraries, officials say
State officials say they will lose funds for summer reading programs, book-mobiles, rural internet and more.
Americans react to Trump's new tariffs: "Buckle up and get ready for the ride"
President Trump's tariffs have sent markets spiraling and shockwaves through the American economy.
MoneyWatch
More MoneyWatch
Wholesale egg prices are falling. Will consumers see some relief?
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.
Americans react to Trump's new tariffs: "Buckle up and get ready for the ride"
President Trump's tariffs have sent markets spiraling and shockwaves through the American economy.
Trump to delay enforcement of TikTok ban with another executive order
A deal to sell the widely popular platform remains a work in progress.
Fed chair says Trump tariffs will likely raise inflation, slow economy
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.
Politics
More Politics
White House accidentally tells Ukrainian refugees they must leave U.S. immediately
Some Ukrainians received emails this week telling them that the U.S. Department of Homeland Security would be terminating their legal protections
Senate on track to adopt GOP budget plan after marathon vote series
Votes are expected to last through the night before a final vote on the budget resolution.
Medicare and Medicaid will not cover weight loss drugs, Trump administration decides
The Biden administration had proposed to expand coverage of the drugs.
DOGE teams cut critical funding from America's libraries, officials say
State officials say they will lose funds for summer reading programs, book-mobiles, rural internet and more.
Americans react to Trump's new tariffs: "Buckle up and get ready for the ride"
President Trump's tariffs have sent markets spiraling and shockwaves through the American economy.
HealthWatch
More HealthWatch
Medicare and Medicaid will not cover weight loss drugs, Trump administration decides
The Biden administration had proposed to expand coverage of the drugs.
RFK Jr. to lay off more NIH employees, officials say
The additional layoffs at the National Institutes of Health come less than a week after the initial wave of cuts in Secretary Robert F. Kennedy Jr.'s restructuring.
RFK Jr.: 20% of HHS layoffs may be errors
Department of Health and Human Services Secretary Robert F. Kennedy Jr. said Thursday that he expects about 20% of fired employees may have been cut by mistake, and some could be brought back, following widespread layoffs directed by the Department of Government Efficiency.
FDA bird flu testing efforts disrupted by RFK Jr.'s layoffs, officials say
Multiple FDA labs were cut amid Health and Human Services Secretary Robert F. Kennedy Jr.'s layoffs this week.
A majority-Black neighborhood went over 150 years without a hospital, until now
In November 2024, Norton West became the first hospital to open in Louisville's majority-Black West End neighborhood in more than 150 years.
World
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U.K. anti-abortion activist convicted of breaching ban on clinic protests
A British anti-abortion rights activist whose case caught the Trump administration's attention has been fined for breaching a "buffer zone" law.
Disgraced former Cardinal Theodore McCarrick has died at 94
Once-powerful Cardinal Theodore McCarrick was defrocked by Pope Francis in 2019 after an investigation into sexual abuse.
NATO chief's impression from U.S. is Russians "not moving fast enough" to end war
NATO Secretary General Mark Rutte told CBS News' Margaret Brennan that "Russia really has to do more to bring this war to an end."
Rat breaks world record for sniffing out wartime landmines
A mine-sniffing African giant pouched rat named Ronin has been acknowledged by the Guinness World Records.
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.
Entertainment
More Entertainment
How to watch March Madness championship games for the 2025 NCAA tournament
Want to catch the 2025 NCAA March Madness championship games? Here's how and where to watch them live.
How to watch tonight's Final 4 games for March Madness 2025 NCAA Tournament
Looking for the 2025 NCAA March Madness Final Four schedule? Here's how to stream the men's and women's games.
Book excerpt: "Change the Recipe" by José Andrés
In his new memoir, the chef and founder of the humanitarian aid organization World Central Kitchen offers life lessons and teachable moments about responsibility and commitment to a shared humanity.
Fred Hechinger on "Hell of a Summer"
Fresh off his role in "Gladiator 2," Fred Hechinger stars in a horror-comedy set at summer camp. He joins "CBS Mornings" to talk about his new film and the wild twists it takes.
Aisha Bowe on her journey from community college to rocket scientist
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Technology
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Technology
Nintendo unveils new Switch 2 console
Nintendo has unveiled its next console, the Switch 2. Washington Post reporter Gene Park joins "The Daily Report" to discuss the new user experience, the price and possible security concerns.
Amazon tells White House it's interested in buying TikTok
Amazon has expressed interest in buying TikTok ahead of deadline for ByteDance to sell the social media app or face a U.S. ban.
How AI powered robots are helping small farms
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.
What to know about RedNote
CBS News Confirmed looks at why users are flocking to RedNote, the new Chinese app raising red flags over data privacy and propaganda, as TikTok faces a potential U.S. ban.
Growing demand to power AI, cryptocurrency
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
Science
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Monkeys are "best yodellers" in the world, study says
Primates possess special anatomical structures in their throats called vocal membranes, allowing for yodeling at higher octaves, researchers found.
Space tourists complete first-ever flight around Earth's poles
SpaceX's third all-civilian privately chartered flight was the first to carry a crew into polar orbit.
Peggy Whitson on her space legacy and commanding a new mission for Axiom
From breaking records to breaking barriers, astronaut Peggy Whitson shares what it feels like to see Earth from space.
Archaeologists discover mass grave from Roman Empire-era battle
Experts at the Vienna Museum provided a public presentation of the mass grave this week, which had the bodies of more than 100 people.
Astronauts on unexpected 9-month space mission
Originally scheduled for just 8 days aboard the International Space Station, the two astronauts spent over 9 months in orbit due to delays with their Boeing Starliner return. Now back on Earth, they share how they coped, what they missed most, and how the mission unexpectedly became political.
Crime
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Drug-sniffing dogs help find record haul of cocaine hidden on ship
The Korea Coast Guard said they had found two tons of what they suspect to be pure cocaine on a Norwegian-flagged ship.
Brand charged with rape, sexual assault
Comedian and actor Russell Brand has been charged in the U.K. with several counts related to rape and sexual assault allegations, London's Metropolitan Police announced. This comes after claims by four women emerged in 2023. CBS News' Holly Williams reports.
Russell Brand charged with multiple counts of rape, sexual assault
British actor and comedian Russell Brand has been charged with multiple counts of rape and sexual assault, London police said.
Catholic priest shot dead at his parish rectory in Kansas
Arul Carasala was shot and killed by a man who approached him at his parish rectory in Seneca, Kansas, church officials said.
Stabbing deaths of 2 women college students spark outrage in Italy
The brutal killings of two students within days of each other have unleashed a wave of anger and calls for a "cultural revolution" against violence towards women.
Space
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Space
SpaceX Fram2 crew back on Earth
A wealthy bitcoin entrepreneur and three other adventurers returned to Earth aboard a SpaceX Crew Dragon capsule after 55 passes above the North and South Poles. CBS News' Bill Harwood has more.
Space tourists complete first-ever flight around Earth's poles
SpaceX's third all-civilian privately chartered flight was the first to carry a crew into polar orbit.
NASA rover captures giant dust devil devouring smaller one on Mars
The dust devil was about 210 feet wide, NASA said, but likely didn't last long after consuming the smaller whirlwind.
Peggy Whitson on Astronaut Hall of Fame
Former NASA astronaut Peggy Whitson, who has completed 10 spacewalks and spent 675 days in orbit, joins "CBS Mornings" to reflect on her historic career and upcoming induction into the Hall of Fame.
Aisha Bowe on her journey from community college to rocket scientist
Aerospace engineer Aisha Bowe opens up about joining the historic all-female Blue Origin space flight.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
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.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Latest CBS News Videos
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Latest CBS News Videos
Impact of retaliatory tariffs on U.S. economy
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
Tariffs make some influencers turn on Trump
Republicans ruled the social media landscape in the 2024 election cycle. Now, some influencers who helped President Trump capture the so-called "bro vote" are expressing their concerns over this recent round of tariffs. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
What Trump's tariffs mean for stockholders
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
The Prisoners | Sunday on 60 Minutes
Who are the men President Trump sent to a notorious maximum-security prison in El Salvador using a wartime law dating to 1798? 60 Minutes found no criminal records for most of the men. Cecilia Vega reports, Sunday.
Future tariffs could impact drug prices
About 90% of prescription drugs are generics, and half of those are made in India. The Trump administration excluded foreign-made prescriptions from tariffs, but there are worries that those could come in the future. CBS News reporter Andres Gutierrez has more.