Dow plunges more than 1,600 points as stocks recoil from tariff shock
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Watch CBS News
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.
As Americans await the exact details of President Trump's long awaited tariffs against all U.S. trading partners, the lead-up to the announcement has rattled global markets and consumer confidence. CBS News' Derick Waller has the latest.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
As CBS News' Natalie Brand reports, the tariffs come as a new CBS News poll shows more than half of Americans believe the president is not focused enough on lowering prices.
U.S. stocks continue to flail as investors grapple with impact of Trump administration trade war and signs of economic slowdown.
What was once a 25% tariff on steel and aluminum imported from Canada is now 50%. As CBS News New York's Jessica Moore reports, it comes on top of growing fears of a recession after a dismal day on Wall Street.
The U.S. market suffered its worst day of the year as concern grows over a tariff war. CBS News New York's Elijah Westbrook explains.
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Dow Jones Industrial Average tumbles amid fears of trade war that could crimp profits and hurt U.S. consumers.
The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
Stocks posted solid gains on Black Friday as Wall Street posted its best monthly performance of the year.
Black Friday is a major shopping day for the nation's retailers. Here's what's happening with the stock market and USPS.
Some businesses and services may be closed on Veterans Day, a holiday to commemorate Americans who served in the military.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
Columbus Day, also known as Indigenous Peoples Day, is a federal holiday. Here's what is open and closed on Monday, Oct. 14.
Most equities rallied Tuesday after the previous day's global rout fueled by U.S. recession fears.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Japan's benchmark Nikkei 225 stock index plunged 12.4% on Monday in the latest bout of selloffs that are shaking world markets as investors fret over the state of the U.S. economy.
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
With inflation appearing to slow down nationwide, it means more money will be in your pockets -- even if the Tri-State Area's local report is showing a different outcome. CBS2's John Dias has the details.
New data shows things are calming down just a bit. CBS2's John Dias explains why.
A Brooklyn church is demanding answers after they say one of their leaders was detained by ICE agents this week.
Dozens of people have been displaced after a fire spread to multiple buildings in Yonkers on Friday, causing at least one to collapse.
The Nets beat the Bulls 112-109 on Friday night.
You may have spotted "Mr. Pink" on buildings or hiding between them in New York City's Flatiron District.
A Long Island nurse was seen on a nanny camera hitting a non-verbal child that he was caring for, leaving bruises on the boy's body.
A Brooklyn church is demanding answers after they say one of their leaders was detained by ICE agents this week.
Dozens of people have been displaced after a fire spread to multiple buildings in Yonkers on Friday, causing at least one to collapse.
You may have spotted "Mr. Pink" on buildings or hiding between them in New York City's Flatiron District.
New York City Council Speaker Julie Menin announced a five-point plan to combat hate crimes against Jewish New Yorkers.
New York City Comptroller Mark Levine said NYC faces a budget shortfall of $2.2 billion this fiscal year, and $10.4 billion in FY2027.
David Grullon Jr. killed a 34-year-old Connecticut man after he fired a gun and the bullet went through the wall.
Light-to-moderate snow in the forecast has led the CBS News New York Weather Team to issue a First Alert Weather Day.
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.
New Jersey officials are warning residents to be careful after a resident reported their small dog was possibly attacked by a coyote.
Light-to-moderate snow in the forecast has led the CBS News New York Weather Team to issue a First Alert Weather Day.
A data company is finding that some Airbnb hosts in New Jersey are charging a lot for the time period around upcoming World Cup matches.
A pastor in Morristown, New Jersey, says community members are too afraid to go outside after recent ICE activity.
Jersey City Mayor Steven Fulop is reflecting on his public career as he moves to New York for his next job.
A Long Island nurse was seen on a nanny camera hitting a non-verbal child that he was caring for, leaving bruises on the boy's body.
Light-to-moderate snow in the forecast has led the CBS News New York Weather Team to issue a First Alert Weather Day.
A federal judge ruled the Empire Wind project can move forward while he considers the merits of the Trump administration's order to suspend it.
Hochul said she would commit $1.7 billion in the next budget to expand child care in New York in her 2026 state of the state address.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
New York City Council Speaker Julie Menin announced a five-point plan to combat hate crimes against Jewish New Yorkers.
New York City Comptroller Mark Levine said NYC faces a budget shortfall of $2.2 billion this fiscal year, and $10.4 billion in FY2027.
Denmark, Greenland and other NATO allies remain staunchly opposed to President Trump's efforts to acquire Greenland.
Hochul said she would commit $1.7 billion in the next budget to expand child care in New York in her 2026 state of the state address.
Venezuelan opposition leader María Machado previously said she wanted to "share" the prize for removing Nicolás Maduro from power.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
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.
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.
The Nets beat the Bulls 112-109 on Friday night.
Infielder Bo Bichette and the New York Mets have agreed to a $126 million, 3-year contract, a source tells The Associated Press.
Ilya Sorokin made 35 saves for his NHL-leading fifth shutout of the season as the New York Islanders edged the Edmonton Oilers 1-0 on Thursday night.
Jimmy Butler had 32 points and eight rebounds, Stephen Curry warmed up in the second half to finish with 27 points and seven assists, and the Golden State Warriors beat the New York Knicks 126-113 on Thursday night.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
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 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.
CBS News New York's Lonnie Quinn has your First Alert Forecast for January 16 at 11 p.m.
The Department of Justice is now investigating the Minneapolis mayor and Minnesota governor in the wake of last week's ICE shooting. CBS News New York's Dick Brennan reports.
CBS News New York's Allen Devlin got an inside look at the restaurant summit that seemingly helped sway John Harbaugh to join the New York Giants.
Church leaders in Brooklyn said a deacon was detained by federal immigration agents. Tonight, those leaders are demanding answers. CBS News New York's Andrew Ramos reports.
Two teens were rescued after wandering out on thin ice in Oradell, New Jersey.
