Stock Market Suffers Historic Loss As Fears Mount Over Deadly Coronavirus
Investors are hoping to see some signs of recovery today after the Dow fell more than 1,000 points Monday, wiping out all its gains for the year.
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Investors are hoping to see some signs of recovery today after the Dow fell more than 1,000 points Monday, wiping out all its gains for the year.
U.S. markets saw a steep selloff on Monday as the coronavirus disease spreads well beyond China, raising fears about its economic impact on several continents.
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.
The New York City Fire Department spent hours battling a raging fire above a tire shop in Queens early Saturday.
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.
The New York City Fire Department spent hours battling a raging fire above a tire shop in Queens early Saturday.
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.
David Grullon Jr. killed a 34-year-old Connecticut man after he fired a gun and the bullet went through the wall.
Multiple counties in New York and New Jersey are under winter weather advisories Saturday.
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.
Multiple counties in New York and New Jersey are under winter weather advisories Saturday.
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.
Multiple counties in New York and New Jersey are under winter weather advisories Saturday.
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.
Investigators said three people surrounded the 14-year-old on Roosevelt Avenue in Flushing.
FDNY crews spent hours battling the raging fire above a tire shop in Ridgewood, Queens. CBS News New York's John Dias reports.
The fire ripped through multiple buildings, leaving dozens of people without a place to call home, authorities said. CBS News New York's John Dias reports.
The Justice Department's investigation into the Minnesota governor and Minneapolis mayor comes as tensions continue to escalate in the state. CBS News' Cristian Benavides reports.
Community members planned the anti-ICE protest after 10 people were detained in an immigration raid at a laundromat.
