Stocks cap manic week with best performance since November 2023
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
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Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
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.
It was a brutal day on Wall Street as stocks plunged to the worst numbers we've seen since 2022. The Dow Jones ended 890 points down, the "S and P" dropped 155 and the NASDAQ sank by 727 points. Are President Trump's new tariffs and looming recession to blame? Bankrate Senior Industry Analyst Ted Rossman explains.
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The Dow Jones closed at a record high Wednesday. It was a major milestone fueled by the Federal Reserve decision to leave interest rates unchanged for now, but rate cuts could come in the new year. CBS New York's Dick Brennan has more on the fed announcement. Read more: https://cbsloc.al/48cKhnO
The collapse of Silicon Valley Bank is triggering new worries about worldwide financial trouble. Overseas, Credit Suisse's troubles rattled financial markets. CBS2's Dick Brennan reports.
Markets tried to shake off Monday's massive losses. On Tuesday, the S&P 500 fell yet again.
Many Americans are worrying about their retirement funds as stocks dropped drastically yesterday. CBS2's Elijah Westbrook has more on what this means.
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?
U.S. stocks lost ground for a second day following Wednesday's sharp decline, as concerns over rising interest rates and a trade war outstripped relief from weaker-than-expected inflation data.
The Dow was down just over 30 points, the S&P lost 31, and the NASDAQ shed 64 points.
History was made again on Wall Street Wednesday as the Dow Jones Industrial Average closed above 26,000 for the first time ever.
The Dow Jones industrial average broke through 20,000 points right at the opening bell. The index crossed the line, following record highs on Tuesday.
The Dow was down 2.39 percent upon closing Friday afternoon, ending the worst two-week start to a year in history for U.S. stocks.
U.S. stocks are opening 2016 on a grim note, dropping sharply after a plunge in China and declines in Europe.
Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to boost the world's second-largest economy.
The New Orleans Pelicans edged the Brooklyn Nets 116-113 on Wednesday night.
The Ottawa Senators handed the New York Rangers a fifth consecutive loss, beating them 8-4 on Wednesday night.
A pastor in Morristown, New Jersey, says community members are too afraid to go outside after recent ICE activity.
Nico Hischier scored his second goal of the game on a breakaway at 3:42 of overtime to give the Devils a 3-2 victory over the Kraken on Wednesday.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Border czar Tom Homan said no decision had been made about the exact nature of the cuts, which are supposed to take effect in two weeks.
A school in Manhattan was placed on lockdown Wednesday afternoon after shots were fired in a nearby park.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
The trial of NYPD Sgt. Erik Duran got underway Wednesday in the Bronx. Duran faces manslaughter charges in the death of 30-year-old Eric Duprey in Aug. 2023.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Two men posing as Amazon delivery workers held a Connecticut homeowner at gunpoint while robbing him and his wife, police said.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Police in Danbury, Connecticut, are actively looking for a man who they believe fired a deadly gunshot that traveled through a wall and killed his neighbor.
There's plenty of sunshine is on the way to the Tri-State Area, but the First Alert Weather team is also tracking a round of snow later this week.
It was a mostly dry Sunday, until some snow squalls briefly hit the Tri-State Area on Sunday night.
A pastor in Morristown, New Jersey, says community members are too afraid to go outside after recent ICE activity.
Jersey City Mayor Steven Fulop is reflecting on his public career as he moves to New York for his next job.
Priyatharsini Natarajan, 35, of Hillsborough, N.J. faces two first-degree murder charges in the death of her two boys, 5 and 7.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
The New Jersey governor highlighted his achievements during his eight years in office in his final State of the State address.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Three people were sentenced Tuesday for their roles in murdering and dismembering a man and a woman in Amityville in February 2024.
The trial in the case of accused Gilgo Beach serial killer Rex Heuermann is finally in sight.
Hochul laid out plans to move New York toward universal child care, and restrict 3-D printed ghost guns in the state.
A new bill proposed in New York would target private businesses that don't quickly turn over surveillance footage after a crime. The legislation is named after the young employee killed at a Long Island CVS on Christmas Day.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Border czar Tom Homan said no decision had been made about the exact nature of the cuts, which are supposed to take effect in two weeks.
Jersey City Mayor Steven Fulop is reflecting on his public career as he moves to New York for his next job.
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
New York City Mayor Zohran Mamdani on Tuesday nominated Midori Valdivia to lead the Taxi and Limousine Commission.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
Nurses say health care benefits and workplace safety are their main reasons for striking, and are refusing to go back to work until their demands are met.
Loved ones of patients at hospitals in New York City are concerned about care as nurses continue to strike due to failed contract negotiations on Monday.
The New York State Nurses Association said it called for the strike as negotiations stalled with the city's wealthiest hospitals.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
John Forté, the Grammy-nominated musician known for his work with the Fugees, was found dead in his home in Massachusetts.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Video of an angry confrontation during intermission at a performance of "Mamma Mia!" on Broadway is going viral on social media.
The New Orleans Pelicans edged the Brooklyn Nets 116-113 on Wednesday night.
The Ottawa Senators handed the New York Rangers a fifth consecutive loss, beating them 8-4 on Wednesday night.
Nico Hischier scored his second goal of the game on a breakaway at 3:42 of overtime to give the Devils a 3-2 victory over the Kraken on Wednesday.
John Harbaugh interviewed in person with the Giants on Wednesday for their head coaching vacancy, a report says.
Adam Lowry and Kyle Connor each had a goal and an assist, and the Winnipeg Jets beat the New York Islanders 5-4.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
A three-year pilot run by the Brooklyn Justice Initiative and the Mayor's Office of Criminal Justice aims to improve court compliance and reduce recidivism by meeting participants where they live.
Harlem native Teyana Taylor wins her first major acting honor at the 83rd Golden Globes Awards for her performance in Paul Thomas Anderson's "One Battle After Another." Locals say it's a win for the whole neighborhood.
Legislation would protect and expand hunger programs and improve benefit security as New York pantries see rising demand.
The people and businesses of Ridgewood, Queens, have banded together to help those impacted by the recent apartment building fire.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
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.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
CBS News New York's Lonnie Quinn has your First Alert Forecast for January 14 at 11 p.m.
An 85-year-old woman was found stabbed to death at a home in Brooklyn late Tuesday. CBS News New York's Naveen Dhaliwal reports.
A pastor in Morristown, New Jersey, says community members are too afraid to go outside after recent Immigration and Customs Enforcement activity. CBS News New York's Lisa Rozner reports.
Saks Global has filed for bankruptcy.
Late Wednesday, Verizon said their hours-long outage was resolved, but that some customers may still have lingering problems. CBS News New York's Dick Brennan reports.
