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 Nets went the first 8 1/2 minutes of the second quarter without a field goal during Friday night's 105-86 loss to the Thunder.
In New York City, water main breaks are a dime a dozen, especially during this time of year. But on a block in the Glendale section of Queens, it has been a case of Groundhog Day.
Despite unanimous opposition from the mayor of Roxbury Township, New Jersey, and its town council, ICE will eventually open a detention center in town.
Sweetbriar Nature Center has been working around the clock to save starving, freezing and injured animals amid the harsh winter weather.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
Sweetbriar Nature Center has been working around the clock to save starving, freezing and injured animals amid the harsh winter weather.
When the Hudson River froze for 40 days in 1917, adventurous souls drove their cars on the ice between New York's Westchester and Rockland counties.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
Mayor Zohran Mamdani touted the new law, which says employers must provide 32 more hours of unpaid protected time off per year.
As New York City and environmental officials try to figure out what's causing the stench in one Staten Island neighborhood, some residents say it's getting difficult to stay inside their homes.
All eyes are fixed on a developing coastal storm over the weekend with snow impacts increasingly likely for New York and Tri-State Area.
Four people were arrested for a home invasion that shut down two schools in Fairfield, Connecticut Thursday morning.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
An air quality alert is in effect Wednesday for the second day for New York City and parts of the northern suburbs.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Despite unanimous opposition from the mayor of Roxbury Township, New Jersey, and its town council, ICE will eventually open a detention center in town.
A police pursuit ended in a fatal crash in Middlesex County, New Jersey.
All eyes are fixed on a developing coastal storm over the weekend with snow impacts increasingly likely for New York and Tri-State Area.
Tensions are high in Elizabeth, New Jersey, where some families say the school board is ignoring their concerns about increased ICE activity in the community.
After years of construction, work is now under way to connect the new Portal Bridge in New Jersey to the Northeast Corridor. The hope is to make that commute a little easier.
Sweetbriar Nature Center has been working around the clock to save starving, freezing and injured animals amid the harsh winter weather.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
All eyes are fixed on a developing coastal storm over the weekend with snow impacts increasingly likely for New York and Tri-State Area.
Police are investigating whether snowplow practices were properly followed after a crash killed a 50-year-old man on the Long Island Expressway.
The Green Acres Mall on Long Island was flooded by teenagers on Thursday after social media posts called for a so-called "takeover."
In New York City, water main breaks are a dime a dozen, especially during this time of year. But on a block in the Glendale section of Queens, it has been a case of Groundhog Day.
Despite unanimous opposition from the mayor of Roxbury Township, New Jersey, and its town council, ICE will eventually open a detention center in town.
Mayor Zohran Mamdani touted the new law, which says employers must provide 32 more hours of unpaid protected time off per year.
"I guess I can say I am considering that," President Trump told reporters when asked about the possibility of a limited strike on Iran.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Springsteen is taking his "Land Of Hope And Dreams American Tour" nationwide starting in the spring.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The Nets went the first 8 1/2 minutes of the second quarter without a field goal during Friday night's 105-86 loss to the Thunder.
Cade Cunningham had 42 points and 13 assists to lead the Detroit Pistons to a 126-111 win over the New York Knicks on Thursday night.
Donovan Mitchell scored 17 points, James Harden added 16 and the Cavaliers routed the Nets 112-84 on Thursday night.
The celebration of the U.S. women's hockey team's gold medal-winning victory over Canada on Thursday was especially loud in Westchester County, where starting goalie Aerin Frankel grew up.
Three figure skaters from Team USA competed in the women's individual free skate event at the Milan Cortina Winter Games.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
Residents and skate advocates clash over a proposed Mount Prospect Park skate facility, as city officials promise an updated design this spring.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
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.
Points south and east of the city could get well over a foot by the time the storm winds down on Monday. CBS News New York's Scott Padgett has your latest forecast.
She shared the update on social media, almost a month after opening up about needing a biopsy. CBS News New York's Kristine Johnson reports.
The water started forming in the Glendale neighborhood back on Jan. 16, and the city Department of Environmental Conservation's recent assessment of the situation is not sitting well with many. CBS News New York's Andrew Ramos reports.
The agency is moving forward despite considerable pushback from local elected officials, U.S. Sen. Cory Booker and many residents. CBS News New York's Kristine Johnson reports.
The high court ruled Friday that most of his sweeping international tariffs are illegal. The president then signed an executive order imposing global tariffs anyway. CBS News New York's Naomi Ruchim has more on what comes next.
