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.
Kathryn Ruemmler served as White House counsel under former President Barack Obama.
Several websites allegedly falsely claiming to be local florists are getting hundreds of complaints from across the country, according to the Better Business Bureau.
Authorities on Thursday released the first physical description of a male suspect wanted in connection with the Arizona disappearance of Nancy Guthrie.
Starting Monday, big changes to the New York Department of Motor Vehicles point system will result in steeper penalties for dangerous drivers.
The Portal North Bridge in New Jersey is nearing completion, and when done will mark a major milestone for commuters along the Northeast Corridor.
Starting Monday, big changes to the New York Department of Motor Vehicles point system will result in steeper penalties for dangerous drivers.
The Portal North Bridge in New Jersey is nearing completion, and when done will mark a major milestone for commuters along the Northeast Corridor.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
The Diocese of Brooklyn says it wants to settle roughly 1,100 sexual abuse cases and compensate the remaining survivors, but it may not be their preferred form of justice.
Nineteen people died in New York City during a recent snap of brutally cold weather that lasted more than three weeks, according to officials.
New Yorkers felt much better on Tuesday as a warm front moved toward the region. But, snow and ice could make for a potentially dangerous evening.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
A Connecticut man was arrested after allegedly driving drunk in the Bronx and hitting pedestrians on a sidewalk Friday.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
Several websites allegedly falsely claiming to be local florists are getting hundreds of complaints from across the country, according to the Better Business Bureau.
The Portal North Bridge in New Jersey is nearing completion, and when done will mark a major milestone for commuters along the Northeast Corridor.
New Jersey Gov. Mikie Sherrill signed an executive order that bars federal immigration agents from launching or carrying out operations on state property.
The deadline passed for an appeals court to allow President Trump's funding freeze for the Hudson River Tunnel project to continue.
A public meeting was held on Tuesday night in Morris County, New Jersey, after shots were fired earlier in the day in Roxbury Townshp during an ICE operation.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
It has been a brutal viral season, but as RSV cases surged in New York, Northwell Health doctors say infant hospitalizations remained down, thanks to a fairly new vaccine.
Nassau County Executive Bruce Blakeman accepted the Republican Party's nomination for New York governor on Wednesday at the GOP convention in Garden City.
An arrest has been made in the 2021 acid attack on Long Island college student Nafiah Ikram. Prosecutors said Terell Campbell had numerous incriminating and shocking web searches and rapped about burning someone with acid.
New Yorkers felt much better on Tuesday as a warm front moved toward the region. But, snow and ice could make for a potentially dangerous evening.
Kathryn Ruemmler served as White House counsel under former President Barack Obama.
Nineteen people died in New York City during a recent snap of brutally cold weather that lasted more than three weeks, according to officials.
The deadline passed for an appeals court to allow President Trump's funding freeze for the Hudson River Tunnel project to continue.
Border czar Tom Homan announced Thursday that Operation Metro Surge in Minnesota is concluding, with a drawdown of federal immigration officers set to occur over the course of next week.
The Pride flag is flying once again at the Stonewall National Monument in New York City after National Park Service staff took it down earlier this week.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
The short-handed Indiana Pacers beat the Brooklyn Nets 115-110 on Wednesday night.
Jose Alvarado scored a season-high 26 points and Mikal Bridges added 22 points as the New York Knicks beat the Philadelphia 76ers 138-89 Wednesday night.
Pascal Siakam scored 30 points and the Pacers snapped a four-game losing streak by holding off the Knicks with a 137-134 overtime victory on Tuesday night.
Nic Claxton scored 28 points and had 10 rebounds to lead the Nets to a 123-113 win over the Bulls on Monday night.
Zuby Ejiofor scored six of his 25 points in overtime and No. 17 St. John's outlasted pesky Xavier 87-82 on Monday night at Madison Square Garden.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
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.
A change in Harlem had some residents worried as sellers at the Malcolm Shabazz Harlem Market packed their bags, but it's not gone for good, just moving. CBS News New York's Noëlle Lilley tells us about a housing project that market vendors say has been a long time coming.
President Trump said the move will save more than $1 trillion while making cars and trucks cheaper. CBS News' Erica Brown reports.
Shoppers were given a tote bag and told to fill it to the brim at the prediction market's pop-up grocery store in Manhattan.
Six dogs were killed and 37 survived the fire that destroyed the kennels at One Step Closer Animal Rescue in Andover.
The Bethpage mosque leaders can now build a 16,000-square-foot mosque in the Town of Oyster Bay.
