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.
Macy's 4th of July fireworks show in New York City is set to celebrate America's 250th birthday this Saturday.
Ships from the United States and around the world are setting sail at 9:30 a.m., marking the largest parade of tall ships ever assembled.
The New York Yankees ended a seven-game losing streak with a 5-2 victory over the Minnesota Twins on Friday night.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Macy's 4th of July fireworks show in New York City is set to celebrate America's 250th birthday this Saturday.
Ships from the United States and around the world are setting sail at 9:30 a.m., marking the largest parade of tall ships ever assembled.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
The brutal heat wave caused power problems across New York City on Friday.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
The New York, New Jersey area is dealing with extreme heat as cooling centers, pools, parks and other resources try to keep residents cool.
Dangerously hot weather is beginning in the New York City area, with an Extreme Heat Warning about to go into effect.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
The brutal heat wave caused power problems across New York City on Friday.
It was not immediately clear how many Delaney Hall detainees were impacted by the air conditioning issue or whether repairs were complete.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
New Jersey is set to charge companies whose workers have Medicaid health coverage.
Jersey City Mayor James Solomon is now lowering a proposed tax hike from 20% to 15%, but many residents says it's still a painful pill to swallow.
A beachgoer suffered a shark bite at Jones Beach, officials confirmed, a day after multiple shark sightings at Long Island and New York City beaches.
The brutal heat wave caused power problems across New York City on Friday.
From Long Island to the World Cup, Joe Scally is making his hometown proud playing with the U.S. men's national team.
New York City Thursday tied the record high temperature of 100° set on this date in 1966. That was the last time we hit 100° in Central Park was in 2012. CBS News New York's Lonnie Quinn, Doug Williams, Mahsa Saeidi, Dave Carlin and Christine Sloan have team coverage.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
It was not immediately clear how many Delaney Hall detainees were impacted by the air conditioning issue or whether repairs were complete.
New York City Zohran Mamdani remained unperturbed after taking a viral roasting for telling sweat-soaked New Yorkers in the middle of an expected heat wave to set their thermostats to 78° to protect the power grid.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Westchester County health officials say people should avoid recreational activities along a stretch of the Hudson River until further notice due to a massive raw sewage discharge.
New Jersey is set to charge companies whose workers have Medicaid health coverage.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The NYPD has announced street closures around Madison Square Garden for Taylor Swift and Travis Kelce's wedding.
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
The New York Yankees ended a seven-game losing streak with a 5-2 victory over the Minnesota Twins on Friday night.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Camilo Doval forced in the go-ahead run with a bases-loaded walk in a four-run 11th inning that gave the Tigers a 6-2 victory over the Yankees on Wednesday.
Sean Keys hit his first career home run, Myles Straw added a pinch-hit shot and the Blue Jays beat the Mets 9-3 in a Canada Day matinee Wednesday.
The Boston Celtics have reportedly signed NBA free agents Mitchell Robinson and Mike Conley Jr.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
The World Cup is renewing the call for ferry service from West Harlem.
As children cooled off in a splash pad steps from the empty Red Hook Pool, families in the neighborhood said they are once again waiting for answers about when the public pool will open for the summer.
Miss Subways was a citywide contest that highlighted everyday New York women doing amazing things. The competition no longer exists but former titleholders say the message still rings true.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
New York City celebrated America 250 with a Times Square ball drop Friday night. CBS News New York's Naveen Dhaliwal reports.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
A spectacular parade of ships will set sail up the Hudson River on Saturday morning. CBS News New York's Dick Brennan has a preview of the ships from around the world.
CBS News New York's Lonnie Quinn has your First Alert Forecast for July 4 at 11 p.m.
Power problems continued across New York City on Friday night, leaving many customers in the dark in the middle of a heatwave. CBS News New York's Andrew Ramos reports.
