U.S. stock index futures pointed to a lower open on Wednesday as data showed the world's largest economy contracted in the first quarter, amplifying worries about the fallout from President Donald Trump's tariff policies.

U.S. stocks are sinking following a discouraging report suggesting the U.S. economy may have shrunk at the start of the year, before most of President Donald Trump’s announced tariffs could take effect.

U.S. stocks are tumbling following a discouraging report suggesting the U.S. economy may have shrunk at the start of the year, before most of President Donald Trump’s announced tariffs could

Sources also say three men were taken into custody at a nearby train station and are being questioned by police. CBS News New York's Derick Waller has the latest.

A street vendor was hospitalized after he was shot in Times Square on Wednesday morning. The victim's co-worker said it all started with an argument over unpaid food.