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.
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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.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
Global stock markets rebounded Tuesday after President Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.
The financial markets tumbled on coronavirus fears and a crash in oil prices.
Stocks are falling again on Thursday as the economic impact of the global coronavirus spread becomes clearer.
Stocks plunged on Monday after the U.S. and China ratcheted up their trade war, with China letting its currency drop to an 11-year low.
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever.
Stocks sank sharply Monday, with key U.S. indexes on track for their worst December since the 1930s.
Stock trading turned jittery again after two weeks of gains, pulling the Dow Jones Industrial Average down 600 points.
Democratic leaders know -- and worry about -- the power of Trump's politics of fear.
Facebook just suffered the biggest wipeout in stock market history.
U.S. stocks tumbled into correction mode to start off the second quarter on Monday, as technology shares got battered on worries sparked by trade concerns and tweets by President Trump and Elon Musk.
The Dow surged 669 points — its third-biggest point gain in history — and had its best day in two and a half years. Investors were cheered by signs that the United States and China are talking behind the scenes to avoid a clash between the world's two biggest economies.
Trade war fears wiped more than 1,100 points off the Dow in just two days. It was Wall Street's worst week in more than two years.
U.S. stocks fell sharply on Thursday after President Donald Trump announced new tariffs on Chinese goods.
The economy is just as strong today as it was last week. Keep that in mind as you process the Dow's breathtaking 1,175-point plunge on Monday.
Seven trading days. That's how long it took the Dow to rocket from 25,000 to 26,000.
This stock market doesn't obey speed limits. It just blasted through another barrier: Dow 25,000, barely a month after it cracked 24,000 for the first time.
Twitter's stock prices jumped Friday morning after former Microsoft CEO Steve Ballmer announced he owns four percent of the company.
Financial experts say people who watched in horror as the Dow Jones Industrial average drop more than 1,000 points Monday morning should stay calm and not panic – a hasty move now could cause permanent damage later.
The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock.
The Associated Press news agency suspended its Twitter account Tuesday after it was hacked into.
Metrolink has opted to suspend routes heading through Orange County this week due to an extended period of high tides that are expected to batter the Southern California coast.
NOAA's Office for Coastal Management meeting is a chance for the public to weigh in on the California Coastal Management Program, building on public input from the last meeting in Aug. 2024.
"It is with profound sadness that we share that [Jackie] passed away in the early hours of this morning, following more than three weeks of intensive medical care," Ojai Raptor Center said.
Downey police said that the alarm company monitoring the store reported seeing about 20 individuals inside, allegedly taking merchandise.
One woman who had been hit in the upper body and was taken to the hospital in critical condition. Two other women had been shot in their lower bodies but are expected to recover.
"With profound sadness that we share that [Jackie] passed away in the early hours of this morning, following more than three weeks of intensive medical care," Ojai Raptor Center said.
Metrolink has opted to suspend routes heading through Orange County this week due to an extended period of high tides that are expected to batter the Southern California coast.
NOAA's Office for Coastal Management meeting is a chance for the public to weigh in on the California Coastal Management Program, building on public input from the last meeting in Aug. 2024.
Downey police said that the alarm company monitoring the store reported seeing about 20 individuals inside, allegedly taking merchandise.
One woman who had been hit in the upper body and was taken to the hospital in critical condition. Two other women had been shot in their lower bodies but are expected to recover.
NOAA's Office for Coastal Management meeting is a chance for the public to weigh in on the California Coastal Management Program, building on public input from the last meeting in Aug. 2024.
Downey police said that the alarm company monitoring the store reported seeing about 20 individuals inside, allegedly taking merchandise.
One woman who had been hit in the upper body and was taken to the hospital in critical condition. Two other women had been shot in their lower bodies but are expected to recover.
Deputies said that the suspect was arrested inside the home.
Deputies said that a man was shot in the leg at a rooftop bar and taken to a nearby hospital in unknown condition.
Metrolink has opted to suspend routes heading through Orange County this week due to an extended period of high tides that are expected to batter the Southern California coast.
The looming El Niño could bring one of the wettest winters on record to California, according to renowned climatologist Daniel Swain.
Orange County Health Care Agency officials have confirmed the county's first human West Nile virus case of 2026, amid what some medical experts believe could be one of the worst mosquito seasons on record.
Drones used high-definition video to detect illegal aerial discharges, helping to pinpoint 13 properties and issue 8 citations totaling $240,000 under the city's new Social Host ordinance.
A study from the journal Science Advances confirms what many of us believed: that more heat waves mean more fires.
A deadly shooting suspect turned himself in to San Bernardino County authorities just hours after their investigation began in Hesperia on Friday.
Deputies say that the man pointed a firearm at them during the incident.
Deputies say that the 33-year-old man pointed a gun at another driver during a road rage incident in July.
The shooting happened on July 31 in the 33000 block of Simpson Road in Winchester, Riverside County deputies said.
The looming El Niño could bring one of the wettest winters on record to California, according to renowned climatologist Daniel Swain.
The recalled products with jalapeño were distributed at national retailers, including Walmart, Target and Trader Joe's, in 26 states.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
Don Nelson was one of two coaches in NBA history to have at least 250 wins with three different franchises — Milwaukee, Dallas and Golden State.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Sandy Alcantara struck out eight in seven innings, becoming the Miami Marlins' career leader in innings pitched, and Xavier Edwards had three RBIs in a 7-0 victory over the Los Angeles Angels on Saturday.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
First Assistant U.S. Attorney Bill Essayli hired former top aide Shawn Lewis to be a federal law enforcement liaison, though Lewis has three prior convictions for driving under the influence and a pending battery charge.
The Pentagon on Friday released a new batch of documents and images related to UFOs, the fifth disclosure in recent months about the strange encounters.
A California lawmaker is making a final push to pass legislation that would restrict companies from using consumers' personal data and AI to set individualized prices, with supporters hoping to send the bill to the governor before the legislative session ends.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Orange County Health Care Agency officials have confirmed the county's first human West Nile virus case of 2026, amid what some medical experts believe could be one of the worst mosquito seasons on record.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
California Gov. Gavin Newsom on Friday announced the rollout of the state's new electric vehicle instant rebate program, touting it as part of an investment in the state's clean-vehicle future.
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Eduardo Rodriguez struck out nine in seven strong innings and the Arizona Diamondbacks clinched their first season series over the Los Angeles Dodgers since 2018 with a 4-2 win.
Kyle Stowers tripled, singled and drove in two runs before exiting because of left hamstring discomfort in the fifth inning, and the Miami Marlins beat the Los Angeles Angels 12-3 on Sunday.
Don Nelson was one of two coaches in NBA history to have at least 250 wins with three different franchises — Milwaukee, Dallas and Golden State.
Shohei Ohtani brought home the go-ahead run in the 10th inning on an infield single and the Los Angeles Dodgers snapped a seven-game losing streak by beating the Arizona Diamondbacks 2-1 on Saturday night.
Kopitar will be honored after spending 20 seasons with the Los Angeles Kings, during which he became the franchise's all-time leading scorer and helped win two Stanley Cups.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
Some parts of the LA Jazz Festival were canceled just days before the citywide, two-week party was slated to begin, leaving performers and fans alike in the dark.
A performer will be living inside a billboard 30 feet above the Sunset Strip as Netflix promotes its new film "The Last House."
The Bob Baker Marionette Theater is releasing its first new show in four decades as the iconic team works to raise money and purchase its permanent home in Highland Park.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
The Togethership is a private San Clemente school and sports academy for student-athletes.
In South Los Angeles, community members are keeping watch, looking for any sign of immigration enforcement in their neighborhoods and with students heading back to class, that watch is taking on new urgency. CBS LA reporter Luzdelia Cabaello went along one of Union Del Barrio’s volunteer patrols.
The murder trial against Duane “Keffe D” Davis, who is accused of orchestrating the 1996 killing of rap icon Tupac Shakur, is starting in Las Vegas. Davis faces a single count of murder with a deadly weapon with the intent to promote, further or assist a criminal gang in Shakur's death.
Saddie Murray, the Go-To Girlfriend, shares must-have products that are all the craze on social media.
Four people were arrested after an AutoZone was burglarized in Downey near a street takeover. Police also said a nearby Spirit Halloween store was burglarized.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
