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 final round of showers is moving through the New York area in the morning before the rest of the week turns much drier and warmer.
Daniel Sikkema faces a mandatory sentence of life in prison. Brent Sikkema was stabbed to death in his Rio de Janeiro townhouse in 2024.
New Jersey Gov. Mikie Sherrill is asking ICE to let her inside the Delaney Hall detention center in Newark.
Two people were hurt when a tractor-trailer overturned onto an SUV on I-80 in Bergen County, New Jersey, on Sunday, state police said.
The weather overnight sent trees toppling onto cars and homes in New York and New Jersey.
A final round of showers is moving through the New York area in the morning before the rest of the week turns much drier and warmer.
The weather overnight sent trees toppling onto cars and homes in New York and New Jersey.
Veterans and families crossed the Brooklyn Bridge in the rain while carrying heavy backpacks Sunday to honor fallen service members.
Two teenagers were arrested Sunday after an MTA bus driver was shot with a pellet gun in Brooklyn, police say.
In 2008, Norman Siegel filed a lawsuit on behalf of online journalists who wanted press passes, and they got them. Today, a similar issue surrounds social media influencers.
A final round of showers is moving through the New York area in the morning before the rest of the week turns much drier and warmer.
The New York area is off to a soggy start to the unofficial kickoff of summer with rainy weather this Memorial Day Weekend.
It's a gloomy day with rain lingering across the Tri-State Area as Memorial Day weekend shapes up to be unsettled.
Severe storms caused damage and flooding across New York and New Jersey on Wednesday.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
A final round of showers is moving through the New York area in the morning before the rest of the week turns much drier and warmer.
New Jersey Gov. Mikie Sherrill is asking ICE to let her inside the Delaney Hall detention center in Newark.
Two people were hurt when a tractor-trailer overturned onto an SUV on I-80 in Bergen County, New Jersey, on Sunday, state police said.
The weather overnight sent trees toppling onto cars and homes in New York and New Jersey.
A group of protesters gathered Friday at Newark's Delaney Hall, saying their loved ones held there are enduring horrible conditions at the ICE detention facility.
Memorial Day parades and events are taking place all across New York on Monday.
At Jones Beach, Memorial Day Weekend may be more of a washout than beach weather.
Three women were charged with killing 7-year-old Jor'Dynn Duncan inside an alleged house of horrors in Bayport, New York.
The New York area is off to a soggy start to the unofficial kickoff of summer with rainy weather this Memorial Day Weekend.
A 7-year-old girl died in December on Long Island after prosecutors say she was abused and tortured by the people who were supposed to care for her.
New Jersey Gov. Mikie Sherrill is asking ICE to let her inside the Delaney Hall detention center in Newark.
In 2008, Norman Siegel filed a lawsuit on behalf of online journalists who wanted press passes, and they got them. Today, a similar issue surrounds social media influencers.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
A group of protesters gathered Friday at Newark's Delaney Hall, saying their loved ones held there are enduring horrible conditions at the ICE detention facility.
President Trump visited Rockland County on Friday to endorse Rep. Mike Lawler in the battle for the 17th Congressional District.
New York City's Department of Health is evaluating an East Village apartment complex after two residents were diagnosed with Legionnaires' disease over the course of a year.
Thousands of people showed up bright and early for AIDS Walk New York 2026, the largest HIV and AIDS fundraiser in the U.S., in Central Park on Sunday.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
New York Gov. Kathy Hochul proposed millions to keep the program open, but the reforms would cut reimbursement rates for private duty nurses.
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
Stephen Colbert made a surprise appearance hosting the "Only in Monroe" community access show broadcast in Monroe, Michigan, on Friday, one night after he recorded his final episode of "The Late Show."
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
"Romeo and Juliet" is being shown at Central Park starting Friday night through June 28. Free tickets can be attained through a lottery.
After nearly a century on the air, CBS News Radio signed off, with the final reports airing on Friday, May 22.
Stephen Colbert hosted "The Late Show" for the final time Thursday night as the franchise came to an end after 33 years.
Aaron Judge hit a game-ending, two-run homer in the ninth inning that lifted the Yankees over the Rays 2-0 Sunday.
The New York Knicks are one win away from reaching the NBA Finals on the strength of a 10-game winning streak like no other in NBA history.
The Knicks can wrap up the Eastern Conference Finals and sweep their second straight series with a win on Monday night.
The New York Red Bulls held on for a 2-1 victory over Sporting Kansas City on Saturday night.
MLS-leading Nashville SC beat New York City FC 2-1 on Saturday night to extend its unbeaten streak to eight games.
The grassroots group pushed for bilingual policing, victim support and anti-gang efforts as Brooklyn's Chinatown rapidly grew.
Advocates estimate one-third of the 200-acre park in Flushing is still without functioning drinking fountains and bathrooms.
Ahead of the 2026 RBC Brooklyn Half Marathon, some athletes are showing how simply reaching the starting line is a victory.
The Second Avenue Subway project has entered phase two of extending the "Q" line, but Harlem businesses say they're struggling to co-exist with the construction.
City Council members say requirement for transparent roll-down gates is burdensome for small businesses ahead of the July 1 enforcement deadline.
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.
A deal between the United States and Iran is taking shape but Iran says obstacles remain. CBS News' Tina Kraus reports.
The Nancy Grace Roman Space Telescope is the first of its kind and will embark on a mission to map the universe. Cindy Hsu spoke with one of the scientists behind the project.
The Nassau County Health Department is advising against swimming at 20 beaches after heavy rain caused possible bacteria concerns.
The New York Botanical Garden is already a nature-filled escape for New Yorkers, and this spring, visitors can also step back into the 1960s with the Flower Power exhibit. Michaela Wright discusses the exhibition and its inspiration.
Residents in Seaford, Long Island jumped into action to save a family of 11 ducklings that fell down a sewer drain.
