Wall Street Woes Continue As Dow Closes Down 519 Points
It was yet another rough day on Wall Street Wednesday, a day after the Dow Jones Industrial Average posted its biggest gain since early 2009.
It was yet another rough day on Wall Street Wednesday, a day after the Dow Jones Industrial Average posted its biggest gain since early 2009.
The Dow picked up steam late in the trading day Tuesday and closed up nearly 430 points.
The U.S. stock market joined a sell-off around the world Monday in the first trading since Standard & Poor's downgraded American debt.
Wall Street was not for the faint of heart Friday. The breathtaking peaks and valleys of the day came to an end with the Dow closing up 61 points.
Fears about the global economy led to the biggest panic in financial markets since the 2008 financial crisis.
Strong profits and a bipartisan plan to lift the U.S. debt limit drove a stock market rebound Tuesday.
The Federal Reserve expressed more confidence in the U.S. economy even as Japan's nuclear crisis raised worries around the globe. The Fed said Tuesday that the economic recovery is on "firmer footing'' and the jobs market is "improving gradually.''
Global stock markets staged an explosive rally Thursday, embracing a move by the Federal Reserve to try to rejuvenate the U.S. economy by buying $600 billion in Treasury bonds.
Traders' uncertainty has put a big September rally on hold, at least momentarily, before the central bank's meeting Tuesday.
Stocks are down for a third day on more disappointing earnings and economic news.
Stocks and interest rates are down sharply as investors take a bleaker view of the U.S. economy. The Dow Jones closed down 265 points.
Temps will top out in the low to mid 60s. Much of the day will be dry, but the risk for showers comes up tonight.
We're counting down some of the most iconic Met Gala looks from the best dressed stars, like Rihanna, Bad Bunny, Zendaya and more.
The 2024 Met Gala theme is "The Garden of Time" — to go along with the spring exhibition, titled "Sleeping Beauties: Reawakening Fashion."
Giancarlo Stanton hit a tying double in the ninth inning and Anthony Rizzo followed with a game-winning single to give the New York Yankees a 2-1 victory over the Detroit Tigers.
Johnny DeLuca had three RBIs in his season debut after being sidelined by a broken right hand and the Tampa Bay Rays beat the New York Mets 10-8.
Temps will top out in the low to mid 60s. Much of the day will be dry, but the risk for showers comes up tonight.
We're counting down some of the most iconic Met Gala looks from the best dressed stars, like Rihanna, Bad Bunny, Zendaya and more.
A wandering pony was found trotting along the streets of Westchester County early Friday morning. He was eventually caught by police, but then came another tricky part -- finding the owner.
Millions of stamps designed by Brooklyn artist, Kim Parker, are decorating postage envelopes nationwide.
"Swans of Harlem" tells the story of five ballerinas in the early days of Dance Theatre of Harlem.
Temps will top out in the low to mid 60s. Much of the day will be dry, but the risk for showers comes up tonight.
The I-95 overpass in Norwalk, Connecticut that was damaged in a fiery tanker truck crash is being demolished, but the highway remains closed.
Interstate 95 in Norwalk, Connecticut is closed in both directions after a fuel truck crashed and burst into flames Thursday morning.
We're in for a taste of summer this afternoon, with highs in the mid-to-upper 80s inland. We're also tracking some isolated thunderstorms.
Temperatures will be off to the races on Sunday, but there is a chance of scattered thunderstorms in the evening.
Temps will top out in the low to mid 60s. Much of the day will be dry, but the risk for showers comes up tonight.
A special general election will be held in New Jersey in September to fill the House of Representatives seat left vacant by late Rep. Donald Payne Jr.
A house explosion in South River, N.J. left one person dead and another critically injured Tuesday night. Investigators are trying to figure out what may have caused the explosion.
At least one person was killed and another was injured in a house explosion in New Jersey on Thursday evening.
A New Jersey teenager says making music helps bring him to a better place as he fights cancer.
Temps will top out in the low to mid 60s. Much of the day will be dry, but the risk for showers comes up tonight.
The controversial New York City congestion pricing tolls set to start June 30 are facing another lawsuit, this time from Long Island.
Isis Navarro Reyes, of New York, allegedly posted TikTok videos marketing weight loss drugs that appeared to be Ozempic, Mesofrance and Axcion.
The suspect in a Long Island car crash that killed one man and three children in August 2023 has agreed to a plea deal.
The Antisemitism Awareness Act is designed to make it easier for concerned students to file civil rights complaints
A special general election will be held in New Jersey in September to fill the House of Representatives seat left vacant by late Rep. Donald Payne Jr.
Hope Hicks, one of former President Donald Trump's closest aides for years, told jurors how she handled the fallout from "hush money" payments made to two women before the 2016 election.
President Biden awarded the Presidential Medal of Freedom, the nation's highest civilian honor, to 19 recipients.
The controversial New York City congestion pricing tolls set to start June 30 are facing another lawsuit, this time from Long Island.
Rep. Donald Payne Jr. was remembered as "a true hero to the people of New Jersey" at his funeral Thursday in Newark.
A New Jersey teenager says making music helps bring him to a better place as he fights cancer.
Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that's rocked the company.
Vicky Dennis went to the hospital with strange symptoms when she had COVID. Doctors found she had two undiagnosed, life-threatening diseases and needed a liver transplant to survive.
Joel Embiid has been experiencing Bell's palsy symptoms, he said after Philadelphia's 125-114 win over the New York Knicks.
A New Jersey woman has received a first-of-its-kind transplant using a modified pig kidney along with a heart pump.
We're counting down some of the most iconic Met Gala looks from the best dressed stars, like Rihanna, Bad Bunny, Zendaya and more.
The 2024 Met Gala theme is "The Garden of Time" — to go along with the spring exhibition, titled "Sleeping Beauties: Reawakening Fashion."
Prosecutors asked for a September retrial for Harvey Weinstein.
See who's nominated for the 77th annual Tony Awards. The Tonys will air live on CBS and Paramount+ on Sunday, June 16.
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.
Giancarlo Stanton hit a tying double in the ninth inning and Anthony Rizzo followed with a game-winning single to give the New York Yankees a 2-1 victory over the Detroit Tigers.
Johnny DeLuca had three RBIs in his season debut after being sidelined by a broken right hand and the Tampa Bay Rays beat the New York Mets 10-8.
Josh Hart made a go-ahead 3-pointer from the top of the arc with 24.4 seconds left, and the New York Knicks beat the Philadelphia 76ers 118-115 in Game 6 to advance to the Eastern Conference semifinals.
Ryan Mountcastle and Jorge Mateo each homered and drove in two runs to lift Baltimore to a series-deciding victory over the Yankees.
Francisco Lindor delivered a pair of two-run doubles off the bench, including the game-winner, in the Mets' walk-off win against the Cubs at Citi Field.
Millions of stamps designed by Brooklyn artist, Kim Parker, are decorating postage envelopes nationwide.
"Swans of Harlem" tells the story of five ballerinas in the early days of Dance Theatre of Harlem.
In light of budget cuts to New York City's public library systems, a Park Slope man decided to launch a fundraiser to support the Brooklyn Public Library.
CBS New York's Elle McLogan spoke with 90-year-old Sylvia Hack about her decades of service to her neighborhood.
Three middle school girls are co-champions after winning the Under 14 division at the National Girls Chess Championship.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
The Community Food Bank of New Jersey's Women Fighting Hunger campaign is holding a statewide event to help provide access to period products. CBS New York's Elaine Quijano and Doug Williams report.
Craig Allen has the Tri-State Area's latest First Alert Forecast on CBS2 News This Morning.
One man was killed and three were injured in the shooting at an event space in Richmond Hill. CBS New York's John Dias reports.
Andrew Carmellini has risen to the top of the culinary world, opening a bevy of restaurants in New York City over the past two decades. Now, his newest restaurant, Café Carmellini, is the first one that has his name on it. Jeff Glor has more.
Many of the world's greatest historical structures and buildings have been constructed with stone, but the material is largely no longer used in construction because of its cost. A New York startup is trying to change that.