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.
If you're heading out, brace yourself—it's the coldest day of the season.
Luigi Mangione was unable to appear in court Friday due to illness, so a a crucial court hearing about what evidence should be admitted in the trial was postponed until Monday morning.
A 19-year-old man faces assault, riot and trespassing charges after the violent and chaotic car meetup in Malba, Queens.
The city has wrapped up a two-year probe into a shocking 2023 crane collapse in Manhattan that injured 12 people.
The New York Rangers won for the league-leading 12th time on the road, beating the Ottawa Senators 4-2 on Thursday night.
If you're heading out, brace yourself—it's the coldest day of the season.
Luigi Mangione was unable to appear in court Friday due to illness, so a a crucial court hearing about what evidence should be admitted in the trial was postponed until Monday morning.
A 19-year-old man faces assault, riot and trespassing charges after the violent and chaotic car meetup in Malba, Queens.
The city has wrapped up a two-year probe into a shocking 2023 crane collapse in Manhattan that injured 12 people.
Levi Aron, the man convicted in the horrific 2011 murder of 8-year-old Leiby Kletzky in Brooklyn, has died.
If you're heading out, brace yourself—it's the coldest day of the season.
CBS News New York has learned Jed Parkington, who died by suicide during a standoff with law enforcement on Tuesday, was fascinated with Nazi Germany.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
A decomposed body and pipe bombs were found inside a Stamford, Connecticut, home after a shootout between the homeowner and police officers Tuesday, officials say.
If you're heading out, brace yourself—it's the coldest day of the season.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
James Solomon easily won the race to become Jersey City's next mayor and Emily Jabbour beat the son of a former popular mayor to take the helm in Hoboken.
Popcorn Park Animal Refuge said the monkey, now named Forrest, was one of 21 monkeys being transported to a lab when the truck overturned on a Mississippi highway.
If you're heading out, brace yourself—it's the coldest day of the season.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
Two people were killed in a stabbing in Bethpage on Long Island, Nassau County police said.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
Siena men's lacrosse coach Liam Gleason has died after suffering a traumatic brain injury in a fall at his home.
The principal of a Brooklyn middle school created controversy this week by turning down the opportunity to have a Holocaust survivor speak to students.
New York City Mayor Eric Adams issued executive orders Thursday designed to protect Israel and appeal to the Jewish community.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
The MTA is set to unveil a new high-tech system for catching people who don't pay.
In New York alone, there have already been more than 17,000 flu cases and nearly 1,000 hospitalizations, and doctors anticipate it's only going to get worse as more people gather for the holidays.
Colette Smith of the Bronx was diagnosed with lung cancer, despite never smoking. Her survival story is central to her push for early detection.
Some New Yorkers want the mayor-elect to appoint a new "rat czar" when he takes office after an uptick in rat sightings.
Gio's Law would establish a $25 million grant program to equip law enforcement nationwide with EpiPens and train officers how to use them.
A blood drive was held in Harlem on Wednesday as the New York Blood Center reports a dip in its blood supply.
Stoppard was often hailed as the greatest British playwright of his generation.
The Brooklyn Nutcracker returns to Downtown Brooklyn with diverse cultural influences, community outreach, and a fresh take on Tchaikovsky's iconic score.
"Everybody Loves Raymond" is getting the spotlight at the Long Island Music and Entertainment Hall of Fame.
Jimmy Cliff, who famously sang about the "many rivers" we all must cross, has died after suffering a seizure and pneumonia, his family say.
Donald Glover, who performs under the moniker Childish Gambino, revealed he suffered a stroke last year, which forced him to cancel his tour.
The New York Rangers won for the league-leading 12th time on the road, beating the Ottawa Senators 4-2 on Thursday night.
The New York Islanders defeated the NHL-leading Colorado Avalanche 6-3 on Thursday night.
The Utah Jazz used a huge fourth quarter to beat the Brooklyn Nets 123-110 on Thursday night.
Doc Rivers said there have been no talks between team officials and Giannis Antetokounmpo regarding the two-time NBA MVP's potential exit from Milwaukee.
The Bulls dropped to 9-12 with their fifth loss in a row.
Neighbors in Brooklyn's Victorian Flatbush are expressing frustration after the city designated only part of their area as a historic district.
Brooklyn's Prospect Park is getting financing for a long-term project to battle the impacts of climate change, city leaders say.
The Brooklyn Conservatory of Music plans a 12,000-square-foot campus at One Prospect Park West, aiming to serve thousands more with music therapy and education programs.
Some residents at NYCHA's Eastchester Gardens in the Bronx say they've been shivering on and off all week.
The Brooklyn Nutcracker returns to Downtown Brooklyn with diverse cultural influences, community outreach, and a fresh take on Tchaikovsky's iconic score.
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 Mary Calvi talks with CEO and Commissioner Hope Knight and business owner Cheyenne Ford about a grant program giving millions of dollars to recruit and train more diverse groups.
More officers from the Altoona, Penn. police department are expected on the stand as arguments continue over what evidence should be admitted in Luigi Mangione's trial. CBS News New York's Christina Fan reports.
CBS News New York's Tony Sadiku has a look at the First Alert Weather Forecast.
Video captured the chaos of the incident, with cars doing donuts in the street and fireworks set off. A security vehicle that was parked in an intersection in an effort to put an end to the swarm of cars descending on the area was set on fire. CBS News New York's Elijah Westbrook reports.
CBS News New York's Lonnie Quinn has your First Alert Forecast for December 4 at 11 p.m.
