Inflation Worries Are Actually Boosting Gold And The US Dollar
Despite uncertainty about the economy, the stock market is booming and Wall Street is confident it can keep pressing ahead.
Stock Market
Stock Market Plummets Amidst Growing Fears Of COVID's Delta Variant
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
Texas-Based GameStop Announces Sale, Expected Sell Up To 3.5 Million Shares
Two months after a market phenomenon took shares of North Texas-based GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.
Stocks Of Texas-Based GameStop Jump Again As Retailer Eyes Digital Shift
In a move meant to push the business toward a more digital future, Grapevine-based GameStop has named an activist investor to help shift more of its business online.
GameStop Shares Up 250% In Two Days. Here We Go Again?
GameStop shares surged before the start of U.S. trade on Thursday, with the stock more than tripling over the last two days.
GameStop Shares Plunge Below $100 As WallStreetBets Traders Face Huge Losses
GameStop's stock price cratered on Tuesday, falling 60% to $90 a share. The drop signaled that the popular WallStreetBets Reddit stock market discussion board may be losing its magic.
What The Surge In GameStop Stock Could Mean For You
Independent investors communicating online started purchasing GameStop shares, driving up the price. AMC Theaters, American Airlines, and Bed Bath & Beyond became hot commodities, too.
Does GameStop's Soaring Stock Indicate A Possible Market Bubble?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
Surging Stock Market Reflects 'Very Bright Outlook' For Economy, Finance Prof Says
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
Dow Jones Tops 30,000 For First Time Ever As Biden Transition Points To More Stable Future
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
What Do Election Results Mean For A Second Stimulus Package?
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market'
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
Why Horrific Unemployment Numbers Made The Stock Market Rise
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
U.S. Could Lose 14 Million Jobs: Are We Entering A Depression?
The Federal Reserve of St. Louis estimates the nation's jobless rate could hit a staggering 32% within months.
Financial Experts: No Rash Decisions With 401k During Coronavirus Uncertainty
"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
S&P Trading Halts After Huge Drop And Fed Emergency Rate Cut
Stock trading was halted on Monday after the Federal Reserve's emergency action plan did little to squeal Wall Street's fears of a recession because of the coronavirus pandemic.
Trading Temporarily Halted After Dow Jones Drops More Than 2,000 Points
The Dow Jones fell so sharply -- plummeting 1,800 points at the open -- that circuit breakers tripped and trading on the New York Stock Exchange had to be halted.
North Texan Spends Thousands Preparing For Coronavirus Spread, Says It's 'An Insurance Policy Against Chaos'
Empty store shelves, medical supply shortages and a declining stock market are all signs of what could be a coronavirus panic spreading to North Texas.
Apple's 'Darkest Day' Raises Doubts About iPhone's Future
Although Apple's iPhone has long wowed consumers and investors alike, the device that has served as a benchmark for mobile devices may be losing its luster.
Tesla Cuts Prices As 4Q Deliveries Miss Analysts' Estimates
Shares of Tesla Inc. tumbled Wednesday after the company cut vehicle prices and announced 4th quarter sales figures that fell short of Wall Street estimates.
Stocks Drop In 2018 Suffering Worst Decline Since 2008
The market sell-off started in October amid heightened fears about the trade war with China and the Federal Reserve moving to gradually raise interest rates to keep the economy from overheating.
JCPenney Stock Falls Below $1 For First Time
The 110-year-old Plano-based company hasn't been profitable since 2010.
Stock Markets See Worst Christmas Eve Session Ever
The stock market didn't offer any presents to investors Christmas Eve.
Tesla Cuts Number Of Stock Colors To Streamline Production
Tesla is dropping two of the seven standard colors it had offered to customers as it tries to streamline production.
Best Buy 2Q Sales Jump, But Outlook Weighs On Shares
Best Buy Co. reported its largest second-quarter sales boost in 15 years on Tuesday, helping to push revenue and profit beyond Wall Street expectations.
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Latest News
Former President George W. Bush on state of elections, 'Our system works pretty well'
Former President George W. Bush urged Americans to vote and take part in the political process.
Game Changer: Catholic Charities Fort Worth gifts truck to man in need
The smile on Fred Berry's face said it all when he first saw the 2012 Chevrolet Silverado that is now his.
Mrs. Opal Lee Honored as Fort Worth Inc. Magazine 2022 Person of the Year
Fort Worth Inc. Magazine honors 2022 Person of the Year, Mrs. Opal Lee
Fort Worth mom part of social network connecting those needing baby formula
A network of moms across the country is helping families in North Texas find the formula they need to feed their babies.
Gardening 101: shrub replacement ideas
Many landscapes still bear the scars of the Great Freeze. Some landscapers and homeowners either haven't gotten around to removing and replacing the damaged or dead shrubs.
Fort Worth police officer on administrative leave after alleged domestic violence arrest
The Fort Worth Police Department has placed Corporal James Howard on administrative leave after his arrest on charges involving an alleged domestic violence incident.
Watch Party: Mavericks vs. Warriors, 2022 Playoffs - Game 1
As the Dallas Mavericks get ready for the Western Conference Finals, fans have one question left -- party people, are you ready?!
Texas murderer escaped bus after breaking out of restraints
As Gonzalo Lopez somehow freed himself from his hand and leg restraints, cut through a metal cage and crawled out the bottom.
Series preview: Mavericks vs. Warriors
The Dallas Mavericks are one step away from the NBA Finals, but they have to get through the Golden State Warriors to get there.
Latest News
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Former President George W. Bush on state of elections, 'Our system works pretty well'
Former President George W. Bush urged Americans to vote and take part in the political process.
Game Changer: Catholic Charities Fort Worth gifts truck to man in need
The smile on Fred Berry's face said it all when he first saw the 2012 Chevrolet Silverado that is now his.
Mrs. Opal Lee Honored as Fort Worth Inc. Magazine 2022 Person of the Year
Fort Worth Inc. Magazine honors 2022 Person of the Year, Mrs. Opal Lee
Fort Worth mom part of social network connecting those needing baby formula
A network of moms across the country is helping families in North Texas find the formula they need to feed their babies.
Gardening 101: shrub replacement ideas
Many landscapes still bear the scars of the Great Freeze. Some landscapers and homeowners either haven't gotten around to removing and replacing the damaged or dead shrubs.
The I-Team
More The I-Team
I-Team: Texas father and son accountants convicted in $6M Ponzi scheme
Dozens of North Texas families found their retirement accounts empty after falling victim to a multi-million-dollar Ponzi scheme.
I-Team Exclusive: Dallas sons reveal what led to arrest in murder of their father
In the group setting, they all agree that no one had given up hope. And they all believe the man recently arrested is "100%" the killer.
North Texas business steps up to help desperate mothers
A North Texas business is stepping up to help desperate mothers across the state after seeing an I-Team investigation.
I-Team Update: Ira Tobolowsky's family reacts to murder arrest
Ira Tobolowsky's sons said investigating their father's murder over the past six years has been a full-time job.
Online car dealer Vroom faces dozens of state violations
Hundreds of car buyers have filed complaints about delays in getting titles and registrations after purchasing a vehicle from the online used car dealer Vroom.
Politics
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Former President George W. Bush on state of elections, 'Our system works pretty well'
Former President George W. Bush urged Americans to vote and take part in the political process.
Homeland Security Chief tours border before asylum limits end
Secretary Alejandro Mayorka visited a remodeled processing center in McAllen, where migrants sat on metal benches and on sleeping mats, as aluminum thermal blankets made rustling noises.
In Texas Governor's race, differences emerge over grid reliability
Republican Greg Abbott and Democrat Beto O'Rourke are split on how to best secure the Texas grid's reliability.
A look at the GOP primary runoff for Texas Attorney General as early voting begins
The political equivalent to a game seven is now underway as early voting began Monday for the Texas primary runoff May 24.
Texas Senator John Cornyn travels to Ukraine, meets with Zelenskyy
Cornyn and the group said their purpose was to let President Zelenskyy know that the US 'stands squarely behind Ukraine.
Consumer News
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Consumer News
ERCOT reassuring Texans that power grid will not fail this summer
The CEO of the power grid operator says they are taking proactive steps and to ensure the grid will hold up.
Baby formula maker Abbott reaches deal, will restart production
Baby formula maker Abbott says it has reached a deal with regulators to restart production at the factory tied to the current shortage.
ERCOT asks Texans to conserve power as demand spikes due to heat
ERCOT is asking Texans to conserve power after six plants unexpectedly went offline.
Rising prices and inflation hit North Texas farmers hard
As inflation continues to soar, local farmers and ranchers are feeling the pinch as the prices continue to grow.
Pediatricians warn against unsafe formula alternatives amid shortage
Pediatricians are warning parents about resorting to unsafe alternatives to baby formula as the shortage continues to cause panic.
Health
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FDA approves Pfizer COVID booster shots for kids 5 to 11
Tuesday's decision means anyone 5 years of age and older is now eligible for at least one COVID booster dose.
Can meditation and mindfulness exercises reduce stress?
Recent survey found more Americans are meditating - and that's a good thing, experts say.
Texas court allows some investigations into families of transgender youth to resume
Texas high court allows state to resume some abuse investigations into gender-confirming care for transgender youth.
TPC Craig Ranch designer Tom Weiskopf gets 'Major' support during cancer battle
Weiskopf's passion (post career) became designing golf courses. He now has around 80 to his name, including TPC Craig Ranch.
How to avoid heat-related illness now that high temps, humidity here to stay
The hot temperatures combined with the humidity is keeping MedStar crews busy in Tarrant County.
Business News
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Business News
ERCOT reassuring Texans that power grid will not fail this summer
The CEO of the power grid operator says they are taking proactive steps and to ensure the grid will hold up.
Baby formula maker Abbott reaches deal, will restart production
Baby formula maker Abbott says it has reached a deal with regulators to restart production at the factory tied to the current shortage.
ERCOT asks Texans to conserve power as demand spikes due to heat
ERCOT is asking Texans to conserve power after six plants unexpectedly went offline.
After all the hype, Elon Musk's Twitter deal is 'on hold'
Musk has been vocal about his desire to clean up Twitter's problem with "spam bots" that mimic real people and appeared to question whether the company was underreporting them.
Rising prices and inflation hit North Texas farmers hard
As inflation continues to soar, local farmers and ranchers are feeling the pinch as the prices continue to grow.
Sports
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Series preview: Mavericks vs. Warriors
The Dallas Mavericks are one step away from the NBA Finals, but they have to get through the Golden State Warriors to get there.
US Soccer agrees to pay women's and men's teams equally
The federation announced separate collective bargaining agreements through December 2028 with the unions for both national teams on Wednesday.
Pickett picks it: One CBS 11 anchor predicted the Mavs success back in April
While many are surprised to see the Mavs in the Western Conference finals, there’s one person here at CBS 11 who predicted the Mavs would be exactly where they are back in April, before the playoffs even started.
After handling Game 7, Mavericks breathe, prepare for Warriors
The Dallas Mavericks are off to the Western Conference finals for the 5th time in franchise history.
Dallas Stars out of playoffs after Game 7 OT loss to Flames
It was a heck of a series for newcomer Jake Oettinger, but the rest of the Dallas Stars couldn't get it together on Sunday.
Weather
Entertainment
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CBS unveils 2022-2023 primetime lineup
CBS announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas, one alternative series, special event programming and 18 returning series. For 2021-2022, the Network finished #1 for the 14th straight season, winning 19 of the past 20 seasons.
Kendrick Lamar's latest music video features iconic North Texas locations
You may recognize a few iconic North Texas locations in Kendrick Lamar's latest music video.
Top U.S. cowgirls ride into North Texas for Women's Rodeo World Championship
Cowgirls from around the country are riding into the Fort Worth and Cowtown Coliseum on May 16 for the Women's Rodeo World Championship.
Mickey Gilley, who helped inspire 'Urban Cowboy,' dies at 86
Country star Mickey Gilley, whose namesake Texas honky-tonk inspired the 1980 film "Urban Cowboy," has died. He was 86.
Dallas-based Bishop David Paul Moten sues Kanye over 'Come to Life' song
Dallas-based Bishop David Paul Moten is suing Kanye West over a sample used in the song "Come to Life" on West's new album "Donda."
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Record-tying heat not seen since 1956
Hot, mainly clear. Low 72F. Winds S at 10 to 20 mph.
City of Keller moves to 4 day weekday
The City of Keller will get a jump start on its weekend starting this summer.
Former President George W. Bush says 'system works pretty well' for large, complicated country
It was one of the most contentious issues in Texas last year and followed the controversy surrounding the 2020 vote: the battle over elections.
Fort Worth Inc. Magazine honors 2022 Person of the Year, Mrs. Opal Lee
For Fort Worth's Mrs. Opal Lee, grace prepares to come full circle. From victim of racial hatred... to toast of the city
Top Stories in Dallas - Ft. Worth, May 18
Wednesday Evening's Top Stories: An online network is helping North Texas families find baby formula, Keller is testing out a four-day work week and we now know the theme for this year's State Fair of Texas.
Latest Galleries
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Easter bunny hops into Cook Children's NICU
All dressed up for their first Easter, these precious snuggle bunnies are ready for the holiday weekend.
March 14 Fannin County Storm Damage Near Leonard, Texas
The storm that moved through North Texas on the evening of March 14 was fast-moving but left a lot of damage behind in some places. Here are images from Fannin County, west of the town of Leonard, where many believe a tornado touched down.
Community Watching After Wind Topples White Rock Lake Eagles' Nest
The wind robbed Nick and Nora, The White Rock Lake eagles, of their nest and at least one egg. Now, the neighborhood is watching; hoping for the best for the beautiful pair.
North Texans Share Pictures Of Wintry Weather
Send your photos our way using the hashtag #FirstAlertDFW on Twitter and Instagram to be featured on air and on our website!
Nurse Creates Holiday Memories For Hospital's Smallest Patients
In the month leading up to most major holidays, you'll find Kathryn Callahan busy crocheting when not working as a NICU nurse at Texas Health Harris Methodist Hospital Southwest Fort Worth.
