Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
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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.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
The 8.3 percent hike in the consumer price index is especially bad news for retirees living on fixed incomes.
Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
As CBS2's John Dias reports, there are a number of factors contributing to this key week for the state of the economy.
Some big developments in the business world could affect your finances at home. CBS2's John Dias has the details.
Many Americans are worrying about their retirement funds as stocks dropped drastically yesterday. CBS2's Elijah Westbrook has more on what this means.
Futures are higher this morning, but it follows more big losses Monday. CBS2's Elijah Westbrook has more on what it means for the average investor.
The DOW got off to a rough start Monday morning and didn't recover, CBS2's Tony Aiello reports.
Stocks claw back losses after flirting with the first bear market since early 2020.
U.S. stocks plunged on Monday as investors fretted over mounting inflation and geopolitical tensions.
U.S. stocks slumped on Monday as investors assessed a bevy of risks, including a possible shift in Federal Reserve guidance this week that could hurt corporate profits.
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?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
The Dow jumped 5.3% in early trading, reaching a record high of 29,836. The S&P 500 rose more than 3%, while the Nasdaq added less than 1%.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
There are new signs the road to reopening will be a bumpy ride for the economy.
