Stocks waver and oil prices rise after Israeli missile strike on Iran
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Direct conflict between Israel and Iran, which threaten global oil supplies and could drive up energy costs, has investors on edge.
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Inflation, interest rates and a possible recession could weigh on markets. But there are also reasons for bullishness.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
On Wednesday, the Dow shed more than 1,164 points, or 3.6%, its biggest loss since 2020. The broader market lost 4%, putting the S&P 500 on the precipice of bear market territory. The Nasdaq Composite lost 4.73%.
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?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
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?
While some kids may have been playing video games or watching movies all day when everyone was asked to stay-at-home during the coronavirus pandemic, there were four kids, all under the age of 10, who learned to play the stock market.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The coronavirus crisis has hit corporate America hard, with many businesses closed and entire industries ground to a halt.
The Dow Jones closed down nearly 3,000 points, marking the biggest one-day drop in history.
U.S. stocks plunged so quickly Monday that trading was halted as frightened investors fled the markets amid growing economic uncertainty over the spreading coronavirus.
The coronavirus outbreak isn't just a global health concern, it's also been economically disruptive.
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever.
Haiti's embattled leader Ariel Henry has resigned as prime minister weeks after agreeing to step aside in a bid to quell months of bloodshed.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
The teen's body was found in a wooded area several days after she was reported missing
The money is coming from a new program included in the 2021 Infrastructure Investment and Jobs Act
Highs in the low 80s
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
The teen's body was found in a wooded area several days after she was reported missing
The money is coming from a new program included in the 2021 Infrastructure Investment and Jobs Act
The Dolphins have a first-round draft pick for the first time since 2021
Highs in the low 80s
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
It's Back-To-School and that also means back to the lunch room, as breakfast and lunch are free to all Miami-Dade public school students again this year.
The Supreme Court convenes Thursday to consider whether former President Donald Trump is entitled to broad immunity from criminal charges in the 2020 election case.
Could help about 20,000 mostly low and moderate income residents cut property insurance costs
"It's a good day for America, it's a good day for Europe and it's a good day for world peace," Mr. Biden said in remarks from the White House.
The outcome of the immunity case before the Supreme Court will have significant ramifications for former President Donald Trump's federal criminal prosecution in Washington, D.C.
The USDA had floated banning flavored milk options from some school lunches.
Jim DeFede talks to former state senator Jeff Brandes, who runs the Florida Policy Project, which has been exploring solutions that include the role of vouchers and something called "upzoning."
Jim DeFede continues scrutinizing the three-plus decades during which Katherine Fernandez Rundle has led the Miami-Dade State Attorney's Office. This week, Jim's guest is South Miami Mayor Javier Fernandez.
Jim DeFede talks to the CEO of Trulieve, the cannabis company that spent $40 million to gather the signatures to get the measure on the ballot.
Jim DeFede goes one-on-one with the political and community activist and former rap superstar, who talks about making a run for the Rep. Sheila Cherfilus-McCormick's seat.
CBS News Miami's Jim DeFede speaks to attorneys about Rundle's tenure as Miami-Dade State Attorney.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
UnitedHealth said it paid the criminals behind attack that crippled hospitals and pharmacies to protect sensitive patient data.
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
These best cooling floor fans from Dyson, Honeywell, Black+Decker and more will cool you in the months ahead.
The best meal kits for weight loss make it easy (and fun!) to stick to a healthy, consistent diet.
I sampled America's most popular meal kit to see how it stacks up in terms of price, accessibility, and more.
Save money on a new hearing aid with the top budget-friendly hearing aids of 2024.
If you aren't interested in picking up the newest iPhone model, these phones are all great in their own right.
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
The company will keep its name and headquarters in Pittsburgh, but the United Steelworkers union voiced opposition to the deal.
For customers of SmileDirectClub, they were greeted with a message that they had shut down when logging on to its website.
CBP officials say the individually wrapped pink packages have an estimated resale value of more than $19,000.
For the first time in more than a year, the monthly board meeting of Walt Disney World's governing district was back to being what many municipal government forums often are — boring.
Taylor Swift broke her own records, Spotify said, and now owns the record for the top three most-streamed albums in a single day.
The singer was found deceased at her home, a representative said.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.