Stocks Dive On Coronavirus Risks, Wiping Out 3 Years Of Gains
Stocks nosedived on Wednesday following the fourth trading halt in two weeks, with Wall Street spooked by the deepening economic impact of the coronavirus pandemic.
Watch CBS News
Stocks nosedived on Wednesday following the fourth trading halt in two weeks, with Wall Street spooked by the deepening economic impact of the coronavirus pandemic.
Stocks jumped after Monday's historic plunge produced the worst day of losses since the financial crisis in 2008.
Investors seem unimpressed with the Federal Reserve's largest interest rate cut since 2008, pushing down stocks amid mounting concerns over the coronavirus.
Protesters are hoping to raise awareness for what they call the mass extinction environmental problem.
The "Fearless Girl" statue was unveiled at her new, permanent home Monday.
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.
U.S. stock indexes ended a boffo year with a wheeze on Friday, as share prices ended lower on 2017's final day of trading.
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.
First time visitor's guide to the best attractions and dining in New York City.
People at the New York Stock Exchange and National September 11 Memorial & Museum paused Monday morning to honor the victims of the Paris attacks.
The New York Stock Exchange posted on Twitter the problem was an internal technical issue and not the result of a cyberattack.
New York's state comptroller says the average bonus paid to securities industry employees in New York City grew 2 percent last year to nearly $173,000.
This handy guide to New York City can help you plan out your trip and serve as a reference to the city's top attractions along with food and lodging recommendations.
Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.
Twitter's stock debut up 73 above its IPO price. Twitter's trading debut is the most highly anticipated since Facebook's last year. Twitter will trade under the ticker symbol "TWTR.''
Twitter late Wednesday set a price of $26 for its initial public offering of stock, which means the company's shares can begin trading Thursday on the New York Stock Exchange.
On Sept. 17, 2011, protesters first began camping in Zuccotti Park near the New York Stock Exchange. The movement has splintered since New York City Mayor Michael Bloomberg evicted the protesters from the plaza in November 2012.
It was an all-out charm offensive Tuesday by Army Gen. Keith Alexander, head of the NSA, and representatives of the FBI and the Department of Justice to beat back concerns that our government is spying on us, tapping our phone lines and email accounts.
Security over style - that's the argument NYPD officials are making as they plan to install barricades and barriers in the area surrounding One World Trade Center.
The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and the Great Recession.
The little affenpinscher with the shiny black coat and a bouncy step took top prize Tuesday night, winning Best in Show at the Westminster Kennel Club.
A jury found Adis Medunjanin guilty of all counts for his role in a terror plot that federal authorities say was one of the closest calls since Sept. 11, 2001.
Two days after Superstorm Sandy brought New York to a standstill, residents itching to get back to work and their old lives noticed small signs that the city might be getting back to -- well, not quite normal.
Trading resumed on the New York Stock Exchange Wednesday after being closed for two days because of Hurricane Sandy. New York Mayor Michael Bloomberg ran the opening bell.
Across the entire East Coast, tens of thousands of businesses could be without power for the remainder of the week, possibly longer.
Nico Hischier scored his second goal of the game on a breakaway at 3:42 of overtime to give the Devils a 3-2 victory over the Kraken on Wednesday.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Illnesses linked to the New York-based Live it Up Super Greens brand powder were reported in 21 states from Aug. 22 to Dec. 30, 2025.
John Harbaugh interviewed in person with the Giants on Wednesday for their head coaching vacancy, a report says.
Border czar Tom Homan said no decision had been made about the exact nature of the cuts, which are supposed to take effect in two weeks.
Border czar Tom Homan said no decision had been made about the exact nature of the cuts, which are supposed to take effect in two weeks.
A school in Manhattan was placed on lockdown Wednesday afternoon after shots were fired in a nearby park.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
The trial of NYPD Sgt. Erik Duran got underway Wednesday in the Bronx. Duran faces manslaughter charges in the death of 30-year-old Eric Duprey in Aug. 2023.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Two men posing as Amazon delivery workers held a Connecticut homeowner at gunpoint while robbing him and his wife, police said.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Police in Danbury, Connecticut, are actively looking for a man who they believe fired a deadly gunshot that traveled through a wall and killed his neighbor.
There's plenty of sunshine is on the way to the Tri-State Area, but the First Alert Weather team is also tracking a round of snow later this week.
It was a mostly dry Sunday, until some snow squalls briefly hit the Tri-State Area on Sunday night.
Jersey City Mayor Steven Fulop is reflecting on his public career as he moves to New York for his next job.
Priyatharsini Natarajan, 35, of Hillsborough, N.J. faces two first-degree murder charges in the death of her two boys, 5 and 7.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
The New Jersey governor highlighted his achievements during his eight years in office in his final State of the State address.
The Paterson School District says the teacher accused of giving special needs students hot sauce as a form of discipline has been relieved of her duties.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Three people were sentenced Tuesday for their roles in murdering and dismembering a man and a woman in Amityville in February 2024.
The trial in the case of accused Gilgo Beach serial killer Rex Heuermann is finally in sight.
Hochul laid out plans to move New York toward universal child care, and restrict 3-D printed ghost guns in the state.
A new bill proposed in New York would target private businesses that don't quickly turn over surveillance footage after a crime. The legislation is named after the young employee killed at a Long Island CVS on Christmas Day.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Border czar Tom Homan said no decision had been made about the exact nature of the cuts, which are supposed to take effect in two weeks.
Jersey City Mayor Steven Fulop is reflecting on his public career as he moves to New York for his next job.
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
New York City Mayor Zohran Mamdani on Tuesday nominated Midori Valdivia to lead the Taxi and Limousine Commission.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
Nurses say health care benefits and workplace safety are their main reasons for striking, and are refusing to go back to work until their demands are met.
Loved ones of patients at hospitals in New York City are concerned about care as nurses continue to strike due to failed contract negotiations on Monday.
The New York State Nurses Association said it called for the strike as negotiations stalled with the city's wealthiest hospitals.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
John Forté, the Grammy-nominated musician known for his work with the Fugees, was found dead in his home in Massachusetts.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Video of an angry confrontation during intermission at a performance of "Mamma Mia!" on Broadway is going viral on social media.
Nico Hischier scored his second goal of the game on a breakaway at 3:42 of overtime to give the Devils a 3-2 victory over the Kraken on Wednesday.
John Harbaugh interviewed in person with the Giants on Wednesday for their head coaching vacancy, a report says.
Adam Lowry and Kyle Connor each had a goal and an assist, and the Winnipeg Jets beat the New York Islanders 5-4.
Pittsburgh Steelers head coach Mike Tomlin has informed the team that he is stepping down from his position.
Jesper Bratt and Ondrej Palat each scored twice and the New Jersey Devils beat the Minnesota Wild 5-2 to snap a four-game skid.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
A three-year pilot run by the Brooklyn Justice Initiative and the Mayor's Office of Criminal Justice aims to improve court compliance and reduce recidivism by meeting participants where they live.
Harlem native Teyana Taylor wins her first major acting honor at the 83rd Golden Globes Awards for her performance in Paul Thomas Anderson's "One Battle After Another." Locals say it's a win for the whole neighborhood.
Legislation would protect and expand hunger programs and improve benefit security as New York pantries see rising demand.
The people and businesses of Ridgewood, Queens, have banded together to help those impacted by the recent apartment building fire.
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.
If you borrowed money from the Department of Education to pay for college and are behind on those student loan payments, the Trump administration is cracking down. CBS News business analyst Jill Schlesinger explains what's happening and steps you can take.
Wednesday was opening day for 3-K and pre-K applications in New York City. Mayor Zohran Mamdani was on hand at a child care center in Brooklyn.
A New Jersey mother is continuing to demand answers after she claims her child was given hot sauce as a means of discipline in school.
The fiancée of a man killed by a stray bullet in Danbury, Connecticut, spoke out Wednesday as police continue to search for a suspect.
Mayor Zohran Mamdani signed an executive order Wednesday aimed at cutting red tape for small businesses.