Oil ends higher, a day after tariff induced recession fears pulled prices to 6 month lows

How concerned should Americans be about a potential recession?

President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News ...

CBS News - 5h

Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown

Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...

CBS News - 1d

NASA set to bring astronauts home after 8-day mission turns into nine months

On Wednesday, a SpaceX rocket is scheduled to blast off from Florida, possibly clearing the way for the long-awaited homecoming of astronauts Butch Wilmore and Sunny Williams. Their eight day stay ...

CBS News - 4h

Evening Report — Shutdown drama unfolds amid recession fears

Presented by National Council on Aging — Congress is rushing to pass a continuing resolution to avoid a government shutdown. {beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash Government ...

The Hill - 1d

Recession fears escalate across U.S.

U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...

CBS News - 1d

Treasury yields edge up after CPI inflation data comes in cooler than expected

Bond yields turned higher Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.

MarketWatch - 5h

White House says U.S. is in 'period of economic transition' amid recession fears

White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...

NBC News - 23h

US lumber prices slide on Trump’s Canadian tariffs delay

Futures close to record high after US orders investigation into dumping practices

Financial Times - 3d

How to Envision Year-End Success at 90 Days

Leaders can look forward with confidence. It starts by taking the lessons of the first 90 days to plan for year-end success.

Inc. - 5h

Trump, Texas GOP's deregulation push sparks hope and fear in the oil field

This story was produced in partnership with the Pulitzer Center. It is part two in a four-part series. Read part one here. President Trump and Texas lawmakers are pushing to loosen the laws and ...

The Hill - 2d

‘Absolute fear’: Israeli hostage describes abuse during 505-day Hamas captivity

Omer Wenkert says he was held mostly in darkness – and his mistreatment was often sparked by events in war. An Israeli hostage freed by Hamas last month has described the distressing conditions ...

The Guardian - 1h

Here's what today's CPI report says about inflation

The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.

CBS News - 4h

Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.

Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.

CNBC - 10h

How new tariffs could make beer more expensive

A new 25% tariff on imported aluminum and steel takes effect today, raising costs for industries that rely on metal. For craft breweries like Talea Beer Co., the price hike could mean higher costs ...

CBS News - 3h

Missing Indiana woman found alive after 6 days trapped in her car following crash

A missing Indiana woman trapped in her vehicle for nearly a week managed to stay by dipping her sweatshirt into a small creek behind the wrecked car for water as she waited desperately for rescue, ...

NBC News - 26m

U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says

Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."

CNBC - 1d

US and Ukraine continue negotiations after marathon day of peace talks

Kyiv ‘ready to do everything’ to end fighting after Trump cut support for Ukraine in its war with Russia. Europe live – latest updates Senior US and Ukrainian officials have held marathon ...

The Guardian - 1d

Ronaldo and Real Valladolid: with the magic gone, all that’s left is a crisis | Sid Lowe

After his takeover in 2018, the early enthusiasm has long gone, and so mostly has he. Now he wants to get on his bike. At the end of training on Friday, as Real Valladolid’s players left the annex ...

The Guardian - 2d

‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.

Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...

NBC News - 8h

Search for ship collision crew member called off

The search for a missing crew member has ended after a ship hit an oil tanker in the North Sea.

BBC News - 1d

'Volatility is part of the game': What financial advisors are telling investors about market turmoil

The Dow continued to fall on Tuesday after Trump announced higher tariffs. Here's what advisors are telling their clients.

CNBC - 22h

China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says

Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.

CNBC - 7h

German tourists’ ordeal reportedly ending as they are returned from US detention

Jessica Brösche to join Lucas Sielaff, who is reported to have returned to Germany on 6 March. A German tourist detained by US immigration authorities is due to be deported back to Germany on ...

The Guardian - 21h

Australian surfer feared dead after shark attack, police say

A surfer is feared dead after being attacked by a shark in shallow water on a remote beach in Western Australia, police said Tuesday.

NBC News - 1d

Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week

Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.

NBC News - 24m

Latest news on stock markets plunging amid fears of a recession

U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...

CBS News - 1d

Eating on $6 a month: Rohingya refugees brace for food reductions amid aid cuts by U.S. and others

Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month.

NBC News - 2d

Inflation cools slightly in Trump's first month

Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...

The Hill - 5h

Dest set for PSV return after 11 months out

USMNT defender Sergiño Dest is set to make his return for PSV Eindhoven on Saturday after an 11-month injury layoff.

ESPN - 4d

Chinese authorities summon Walmart executives over Trump’s tariffs

Move comes after reports that US retailer asked its suppliers to cut prices in response to US levies

Financial Times - 5h

Gene Hackman’s final days marked by isolation: ‘Slowing down and reclusive’

The actor was likely alone in his house for days, disoriented and too frail to seek help, after death of wife Betsy Arakawa. The actor Gene Hackman and his wife, Betsy Arakawa, who were found dead ...

The Guardian - 2d

Stocks tank and egg prices soar under Trump | Lloyd Green

Once again, the American economy is under the gun and under a microscope. In 2016, voters in the UK opted to leave the European Union hoping that the day after would deliver something better. ...

The Guardian - 3h

Recession Risks Rise Over Tariff Chaos, Polls Find

U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.

Inc. - 4d

Tariffs have raised the probability of a U.S. recession to around 35%: Pimco

There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.

CNBC - 11h

President Trump doesn't rule out a recession amid tariffs against allies

President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...

CBS News - 2d

One person still missing after oil tanker and cargo ship collide in North Sea

‘Multiple explosions’ onboard MV Stena Immaculate after tank rupture, with jet fuel reportedly released. One person is missing after a collision between an oil tanker and a cargo ship in the North ...

The Guardian - 1d

What to know after Monday's market downturn

Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by ...

CBS News - 1d