Tech stocks tumble for a second day. Here's what's behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
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Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P 500 declined 3.2%, while the Nasdaq tumbled 3.8%.
U.S. stocks plunged on Monday, marking a second day of trading that generated steep declines.
And just like that, Wall Street is celebrating another milestone: Dow 24,000.
After sinking more than 500 points at one point on Wednesday, stocks did manage to recover by closing.
The U.S. economy continued to trudge through a difficult fiscal quarter as the economy created 163,000 private-sector jobs in July. The number was the best since February, but the economy's job creation pace is essentially flat since 2011.
Facebook updated its status to "public company" on Friday.
The chances of showers and thunderstorms this weekend are rising due to approaching tropical moisture.
Temporary Protected Status (TPS) was first granted in 2010 after a catastrophic earthquake.
The U.S. Navy is taking a major step to restrict press access to information about service members by no longer releasing information about any sailor's service history.
The stabbing took place at the Mobil gas station located in the 16000 block of Miramar Parkway, police say.
Gregory Bowman, 59, of Margate, was pronounced dead at the scene after he was hit and killed by a truck that then fled, police say.
The chances of showers and thunderstorms this weekend are rising due to approaching tropical moisture.
Temporary Protected Status (TPS) was first granted in 2010 after a catastrophic earthquake.
The U.S. Navy is taking a major step to restrict press access to information about service members by no longer releasing information about any sailor's service history.
The stabbing took place at the Mobil gas station located in the 16000 block of Miramar Parkway, police say.
Gregory Bowman, 59, of Margate, was pronounced dead at the scene after he was hit and killed by a truck that then fled, police say.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The U.S. Navy is taking a major step to restrict press access to information about service members by no longer releasing information about any sailor's service history.
House Republicans adopted a budget resolution that kickstarts the party-line reconciliation process. It now heads to the Senate, where it'll face an uphill battle.
President Trump attended a dignified transfer honoring the four U.S. Army soldiers killed in the Middle East in recent days during the ongoing war with Iran.
President Trump said on Thursday the deal would include no enrichment of nuclear material.
A June 1 trial date was set Wednesday for Nicolás Maduro and his wife to face drug trafficking charges.
The sordid life of Fabian Basabe is one CBS Miami first began covering on this show three years ago.
Larkin spoke this week to CBS News Miami's Jim DeFede.
Dotie Joseph said after talking with neighbors and looking at the field, she thinks she has plenty of experience to assume the governorship.
Perhaps the most controversial cut DeSantis made was the $15 million that would have gone to fund security efforts at Catholic schools in Miami-Dade County.
The likely Republican candidate for governor, Congressman Byron Donalds, said he would vote for it, but as he told CBS Miami's Jim DeFede, if it does fail, they will tackle the issue again next year.
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
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 recall has been issued for frozen blueberries sold at Publix stores in Georgia, Florida and other Southern states after 12 people became sick, the FDA says.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
A lawyer says influencer brothers Andrew and Tristan Tate will fight extradition to the United Kingdom.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
A total of 22,141 fans wore the caps in London's Hyde Park on Friday ahead of his set at the British Summer Time festival.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.