Amazon Becomes 2nd U.S. Company To Reach $1 Trillion Market Value
The company's rise has boosted the fortunes of its founder and CEO, Jeff Bezos: His 16 percent stake in Amazon is now worth about $160 billion.
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The company's rise has boosted the fortunes of its founder and CEO, Jeff Bezos: His 16 percent stake in Amazon is now worth about $160 billion.
Insiders at Tesla confirm CEO Elon Musk does, in fact, want to take the company private again.
President Donald Trump tweeted Wednesday, "we are not in a trade war with China."
On Friday morning, the Bureau of Labor Statistics reported the U.S. economy added 313,000 jobs in February. That far exceeded the 200,000 many analysts predicted. It's also the biggest gain since July 2016.
It was another yo-yo day with stocks going through wild gyrations. A surge in the last few minutes had the Dow Jones Industrial Average finishing a brutal few days with a positive push.
The Dow was down just over 30 points, the S&P lost 31, and the NASDAQ shed 64 points.
Financial journalist and founder of nonpoliticalnews.com Vera Gibbons stopped by to talk about the current bull market.
Stocks have their worst day since September as traders worry Washington turmoil will stymie Trump's pro-business agenda.
It's been a bull market since the presidential election, but Monday marked the eighth straight day the Dow Jones Industrial Average was down.
Wall Street declined for a ninth straight day Friday. That is the longest consecutive daily slide since 1980.
International stock markets plunged, oil prices tumbled and the pound fell to a 31-year low Friday as the vote shocked investors and dragged the region, the world's largest economic bloc, into a new era of uncertainty.
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.
The Dow Jones industrial average fell 204.78, or 1.3 percent, to 15,666.44.
The Dow Jones industrial average fell 45 points, or 0.3 percent, to 17,685 as of 11:45 a.m. Eastern time.
New York Attorney General Eric Schneiderman says Marketwired has agreed to stop selling to high-frequency traders direct feeds of the information it distributes for clients.
The Standard & Poor's 500 index closed out its best year since 1997 on Tuesday as traders wrapped up a record-setting year.
Facebook Inc.'s slip left it trading just above $34 as the markets closed Monday.
Troubling news was released Thursday regarding the state of the economy. Last week, 484,000 Americans filed for unemployment benefits – the highest number of new jobless claims since February.
Stocks are down for a third day on more disappointing earnings and economic news.
The stock market had a big comeback Tuesday after the Federal Reserve calmed investors' nerves by announcing it would take small steps to stimulate the economy.
The stock market had a big comeback Tuesday after the Federal Reserve calmed investors' nerves by announcing it would take small steps to stimulate the economy.
Jack Eichel scored at 4:52 of overtime and the Golden Knights beat the Rangers 3-2 on Sunday night for their fourth straight win.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Luigi Mangione, accused in the murder of United Healthcare's CEO, will return to court on Monday as his attorneys continue to try to suppress evidence from his upcoming trial.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Carter Verhaeghe stays red-hot with his sixth goal in six games as the Florida Panthers top the New York Islanders 4-1 on Sunday.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Luigi Mangione, accused in the murder of United Healthcare's CEO, will return to court on Monday as his attorneys continue to try to suppress evidence from his upcoming trial.
Community members came together at a Queens playground on Sunday, after a 6-year-old student who attends the school and his father were detained and separated.
Riders in Manhattan and Queens are preparing for a change to the F and M subway lines that the transit agency hopes will reduce congestion.
The Intrepid Museum's ceremony marking 84 years since the Pearl Harbor attack includes a wreath-laying in the Hudson River.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
If you're heading out, brace yourself — it's the coldest day of the season so far.
CBS News New York has learned Jed Parkington, who died by suicide during a standoff with law enforcement on Tuesday, was fascinated with Nazi Germany.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
Police in New Jersey are investigating a series of home break-ins with suspects allegedly targeting high-end cars.
The 2026 FIFA Men's World Cup schedule has been released, including the slate of matches coming to MetLife Stadium in New Jersey.
An apartment building fire in Jersey City, New Jersey, displaced about 30 people Friday, sending them out into frigid temperatures.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
Sunday's weather was calm and pleasantly chilly, but big changes are in store as we begin the new work week.
A man is now in custody in Florida in connection to the 1997 murder of Tanya Denise Jackson on Long Island.
Nassau County Police charged Vito D'Ambrosio, of Seaford, with murdering his parents at A&A Italian Deli and Pizza in Bethpage.
If you're heading out, brace yourself — it's the coldest day of the season so far.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
Community members came together at a Queens playground on Sunday, after a 6-year-old student who attends the school and his father were detained and separated.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The 63-year-old Roger Clemens has been accused of using performance-enhancing drugs, which he has denied.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
New York has no plans to change hepatitis B vaccine guidance after a Centers for Disease Control advisory panel voted to stop recommending a first dose for newborns.
In New York alone, there have already been more than 17,000 flu cases and nearly 1,000 hospitalizations, and doctors anticipate it's only going to get worse as more people gather for the holidays.
Colette Smith of the Bronx was diagnosed with lung cancer, despite never smoking. Her survival story is central to her push for early detection.
Some New Yorkers want the mayor-elect to appoint a new "rat czar" when he takes office after an uptick in rat sightings.
Gio's Law would establish a $25 million grant program to equip law enforcement nationwide with EpiPens and train officers how to use them.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The iconic Wythe Diner was physically moved Saturday from its location in Williamsburg to Steiner Studios in Brooklyn's Navy Yard.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Rapper Tekashi 6ix9ine has been sentenced to three more months in prison for violating his supervised release terms in a New York gang case.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Jack Eichel scored at 4:52 of overtime and the Golden Knights beat the Rangers 3-2 on Sunday night for their fourth straight win.
Jeff Kent was elected to baseball's Hall of Fame on Sunday by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
Carter Verhaeghe stays red-hot with his sixth goal in six games as the Florida Panthers top the New York Islanders 4-1 on Sunday.
Tua Tagovailoa remained unbeaten against the New York Jets, leading the Miami Dolphins to a 34-10 victory on Sunday.
The Knicks got 30 points from Jalen Brunson and beat the Magic 106-100 on Sunday, improving to 13-1 at home.
Neighbors in Brooklyn's Victorian Flatbush are expressing frustration after the city designated only part of their area as a historic district.
Brooklyn's Prospect Park is getting financing for a long-term project to battle the impacts of climate change, city leaders say.
The Brooklyn Conservatory of Music plans a 12,000-square-foot campus at One Prospect Park West, aiming to serve thousands more with music therapy and education programs.
Some residents at NYCHA's Eastchester Gardens in the Bronx say they've been shivering on and off all week.
The Brooklyn Nutcracker returns to Downtown Brooklyn with diverse cultural influences, community outreach, and a fresh take on Tchaikovsky's iconic score.
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 Lisa Rozner has more on how consumers are navigating the affordability crunch this holiday season.
The fire on Davis Avenue started at around 1:30 p.m. on Sunday. Video shows fire and heavy smoke pouring from the building. No injuries were reported. CBS News New York's Allen Devlin reports.
Like last week, the pre-trial hearings this week will sort out which evidence the jury will be allowed to see at the 27-year-old trial for the 2024 murder of United Healthcare CEO Brian Thompson. CBS News New York's Allen Devlin reports.
The first day of the new work week will feature sun and clouds, but temps likely will not get out of the 20s. CBS News New York's Vanessa Murdock reports.
It was on this day, Dec. 7, 1941, that Japanese forces bombed the U.S. base in Hawaii, killing more than 2,300 troops and launching our country into World War II. CBS News New York's Allen Devlin reports.
