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Oil prices resume slide, ending lower as tariff fears spark stock-market tumble
Oil futures ended lower Monday, dragged down by fears rising global trade tensions could spark a recession or a slowdown as U.S. equities suffered their worst day of 2025.MarketWatch - 2d -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - 2d -
ICE arrests Palestinian activist with green card over involvement in Columbia protests
Mahmoud Khalil, a legal U.S. resident, was arrested by federal immigration authorities over his involvement in protests at Columbia University. CBS News' Camilo Montoya-Galvez has more.CBS News - 2d -
HHS offers buyout option for workers who quit, source says
All employees at the U.S. Department of Health and Human Services received an offer of a $25,000 payment if they choose to voluntarily resign, a source familiar with the situation told CBS News. ...CBS News - 2d -
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 - 2d -
Judge halts effort to deport Columbia protest leader, sets Wednesday hearing
A federal judge on Monday scheduled a Wednesday court hearing for Mahmoud Khalil, a recent Columbia University graduate who was arrested by U.S. Immigration and Customs Enforcement (ICE), ...The Hill - 2d -
Rubio suggests Ukraine won't return to pre-2014 borders
Secretary of State Marco Rubio told reporters Monday that Ukraine was unlikely to win back all of the territory captured by Russia since 2014, as U.S. and Ukrainian officials are set to meet for ...The Hill - 2d -
USMNT sets June tuneups vs. Turkey, Switzerland
The U.S. Soccer Federation announced on Monday that the United States men's national team will face Turkey and Switzerland in a pair of friendlies that will serve as preparation for the 2025 ...ESPN - 2d -
What does Ontario's electricity surcharge mean for New York?
A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest ...CBS News - 1d -
WATCH: Container ship collides with anchored US oil tanker sparking inferno
A cargo ship collided with an anchored U.S. tanker carrying jet fuel off the east coast of England in the North Sea on Monday, causing a massive fire and fuel spill, officials said.ABC News - 1d -
DOJ official says she was fired after opposing the restoration of Mel Gibson's gun rights
The U.S. Pardon Attorney was terminated last Friday after she opposed restoring actor Mel Gibson’s rights to carry a gun, her spokesperson and two DOJ officials told NBC News.NBC News - 1d -
Ukraine launches ‘massive’ drone attack on Moscow
Massive drone strikes on Moscow left a trail of destruction in residential areas in Ukraine’s largest ever attack on the city according to local officials. The attacks come as the U.S. and Ukraine ...NBC News - 1d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - 1d -
Trump immigration crackdown enters new waters with arrest of Mahmoud Khalil
The arrest of a Columbia University graduate marks a significant escalation in President Trump's immigration crackdown, with a lawful permanent resident who has not been charged with any crime now ...The Hill - 1d -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - 1d -
How Elon Musk's Trump support could hurt — or help — Tesla
Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. Bears say it's a disaster for Tesla, bulls say a boon.CNBC - 1d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 1d -
US lifts military freeze on Ukraine in push for 30-day ceasefire
The U.S. will immediately restore military aid and intelligence sharing to Ukraine following bilateral talks in Jeddah, Saudi Arabia on Tuesday, with Ukraine expressing "readiness" to accept a ...The Hill - 1d -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - 1d -
USDA pauses funding to University of Maine after Trump clash with governor
The U.S. Department of Agriculture (USDA) announced Tuesday it is temporarily pausing funding to the University of Maine System, a move that comes after President Trump and the state’s governor got ...The Hill - 1d -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - 1d -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - 1d -
Trump floats labeling violence against Tesla dealerships as domestic terrorism
President Trump hinted he would be open to labeling individuals who carry out violence at Tesla dealerships as “domestic terrorists” following a string of violent demonstrations at the electric ...The Hill - 1d -
HUD rejects Asheville's Helene recovery plan because of its DEI targets
The U.S. Department of Housing and Urban Development (HUD) rejected Hurricane Helene repair efforts in Asheville, N.C., because the city’s proposed recovery plan features a diversity, equity and ...The Hill - 1d -
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears
The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.MarketWatch - 1d -
Ukraine's position on a potential 30-day ceasefire deal with Russia
Ukraine appears ready for a temporary ceasefire with Russia after losing access to U.S. aid and intelligence for its war. Mark Cancian, a senior adviser with the defense and security department at ...CBS News - 1d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 1d -
What we know about Ukraine willing to accept a 30-day ceasefire with Russia
The U.S. held talks with Ukrainian officials in Saudi Arabia on potential next steps for an end to the war with Russia. Officials say Ukraine is willing to accept the terms of a temporary ceasefire ...CBS News - 1d -
US lifts military freeze on Ukraine
Presented by GE Aerospace — The U.S. will immediately restore military aid and intelligence sharing to Ukraine following bilateral talks in Jeddah, Saudi Arabia. {beacon} Defense &National Security ...The Hill - 1d -
Wall Street reacts to Trump's tariff flip-flopping with Canada
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.CBS News - 23h -
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.The New York Times - 14h -
Can the US stop the brewing nuclear arms race before it erupts?
In the 80 years since the U.S. attacks on Japan, no other country has used a nuclear weapon in war. That remarkable record could soon be broken and all progress lost.The Hill - 12h -
Ukraine supports 30-day ceasefire as Russia says it will consider offer
The latest talks to end Russia's war in Ukraine have brought a commitment from Ukraine's president to support a 30-day ceasefire. In return, the U.S. will restore military and intelligence support ...CBS News - 10h -
Ex-Columbia student Mahmoud Khalil hearing expected to focus on free speech
Former Columbia University student and pro-Palestinin activist Mahmoud Khalil’s hearing in Manhattan federal court on Wednesday is expected to focus on free speech. U.S. District Judge Jesse Furman ...The Hill - 9h -
Watch: Trump greets Irish leader at White House
President Trump is scheduled to meet with the Taoiseach of Ireland Micheál Martin at the White House on Wednesday. Ahead of his visit to Washington, Martin stressed the important relationship ...The Hill - 9h -
US toughens visitor registration rules for Canadians
The United States is cracking down on long-term visits from Canadians by now requiring visitors in the U.S. longer than 30 days to register with the government. Those who are over the age of 14 ...The Hill - 8h -
Senators to question top Army official on National Airport crash
Two Republican senators are set to question a top U.S. Army official and examine the preliminary findings of the National Transportation Safety Board’s (NTSB) report into the deadly place crash in ...The Hill - 7h -
Rocket-Redfin deal could make home buying more convenient — and more expensive
One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions ...MarketWatch - 6h -
Trump hosting leader of Ireland at White House with trade and Ukraine likely on the agenda
President Trump is hosting the taoiseach of Ireland, Micheál Martin, at the White House on Wednesday amid the European Union's pushback against U.S. tariffs on all steel and aluminum imports. CBS ...CBS News - 8h -
Heritage Foundation report calls to wind down military aid to Israel
The Heritage Foundation is proposing that the U.S. wind down military aid to Israel as part of a strategy to “re-orient its relationship” with the country over the next two decades, a notable ...The Hill - 6h