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.
A person was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Wiki Carmona scored two goals against his former team after Prince Owusu found the net on a penalty kick and CF Montreal thumped the Red Bulls 3-0 on Sunday.
Hundreds marched along Fifth Avenue in Manhattan on Sunday, calling for liberation in Iran while standing in solidarity with its people.
Luka Doncic had 35 points and eight rebounds, Austin Reaves added 25 points and the Los Angeles Lakers overcame LeBron James' injury absence to grind out a 110-97 victory over the New York Knicks.
Videos, verified by the CBS News Confirmed team, show a man apparently yelling "Allahu Akbar" just as a protester throws an "ignited device" during an anti-Islam demonstration
Hundreds marched along Fifth Avenue in Manhattan on Sunday, calling for liberation in Iran while standing in solidarity with its people.
Major Sorffly Davius, an NYPD officer who was deployed to Kuwait with the U.S. Army National Guard, died Friday after suffering a medical episode.
Virtual reality is helping some veterans on Long Island travel the world again without leaving their nursing home.
New York City police said suspicious devices were ignited Saturday during clashing protests outside Gracie Mansion, the official residence of Mayor Zohran Mamdani on Manhattan's Upper East Side.
Many of these Long Islanders believe their section of New York's shoreline is shrinking because of the brutal winter.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
While the money promised by Gov. Mikie Sherrill will help Phillipsburg make sinkhole repairs, it won't be enough to get everyone back in their homes.
The suspect allegedly used Google Translate to threaten to shoot a cashier at Mi Rinconcito Ecuatoriano in Newark.
Americans coming from the Middle East arrived at JFK Airport on Thursday and said the U.S. evacuation plan after attacking Iran was grossly insufficient.
New Jersey E-ZPass users could soon be able to ditch the tags mounted to their windshields to pay tolls.
Virtual reality is helping some veterans on Long Island travel the world again without leaving their nursing home.
Many of these Long Islanders believe their section of New York's shoreline is shrinking because of the brutal winter.
John Miro, a 70-year-old Long Island crossing guard who was struck by a driver while on the job last week, has died, police confirm.
Middle Country Road in Suffolk County will be getting major improvements, as a portion of it has been on a list of New York's ten deadliest roads for years.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Hundreds marched along Fifth Avenue in Manhattan on Sunday, calling for liberation in Iran while standing in solidarity with its people.
In a phone interview with CBS News, President Trump dismissed threats from Iran's top national-security official, who posted on social media that Mr. Trump must "pay the price" for the strikes on Iran.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
Workers installed a plaque honoring police officers in the early morning hours, three years after it was required by law to be erected.
New York City police said suspicious devices were ignited Saturday during clashing protests outside Gracie Mansion, the official residence of Mayor Zohran Mamdani on Manhattan's Upper East Side.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
New York Attorney General Letitia James' office has ordered NYU Langone Health to resume its Transgender Youth Health Program.
A person was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Wiki Carmona scored two goals against his former team after Prince Owusu found the net on a penalty kick and CF Montreal thumped the Red Bulls 3-0 on Sunday.
Luka Doncic had 35 points and eight rebounds, Austin Reaves added 25 points and the Los Angeles Lakers overcame LeBron James' injury absence to grind out a 110-97 victory over the New York Knicks.
Ziaire Williams made two 3-pointers in the final three minutes and the Brooklyn Nets ended a 10-game losing streak by rallying to beat the Detroit Pistons 107-105.
The New Jersey Devils beat the New York Rangers 6-3 on Saturday for their fourth straight win.
New York City FC rolled past Orlando City 5-0 on Saturday in its home opener.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
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.
And as CBS News New York's Vanessa Murdock reports, it might be even warmer on Tuesday.
In rollerblades, suits and backwards hats, young men gave it their best shot to resemble the son of late President John F. Kennedy. CBS News New York's Allen Devlin reports.
The Coalition to Fight for our Health and Lives is calling for the City Council to pass a bill to ban 24-hour shifts for home care workers. CBS News New York's Allen Devlin reports.
It happened just after 11:30 a.m. on Sunday at the 63rd Street and Lexington Avenue subway station on the Upper East Side. No arrests have been made. CBS News New York's Allen Devlin reports.
Police say the gunman is still on the loose. CBS News New York's Naveen Dhaliwal has details from Canarsie.
