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.
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.
A Long Island man accused of driving drunk and killing a Nassau County police officer appeared in court Friday. Matthew Smith entered a not guilty plea.
The Democratic primary race for the Congressional seat vacated by Gov. Mikie Sherrill is too close to call.
Luigi Mangione appeared in a Manhattan courtroom Friday in the state's case against him for the murder of UnitedHealthcare CEO Brian Thompson.
New Jersey officials and union workers will be calling for the Trump Administration to resume federal funding of the Gateway Tunnel Project. Construction is set to stop Friday after the money for the project runs out.
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.
A Long Island man accused of driving drunk and killing a Nassau County police officer appeared in court Friday. Matthew Smith entered a not guilty plea.
New Jersey officials and union workers will be calling for the Trump Administration to resume federal funding of the Gateway Tunnel Project. Construction is set to stop Friday after the money for the project runs out.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
A New York police sergeant has been found guilty of one count of manslaughter for hurling a cooler at a fleeing suspect who then fell and hit his head.
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.
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
Forecasters are watching for a chance of snow this weekend in New York and New Jersey as harsh winter weather conditions continue.
The First Alert Weather Team is tracking a storm that could bring snow to the New York and New Jersey area. Frigid temperatures will last throughout the week.
The Democratic primary race for the Congressional seat vacated by Gov. Mikie Sherrill is too close to call.
New Jersey officials and union workers will be calling for the Trump Administration to resume federal funding of the Gateway Tunnel Project. Construction is set to stop Friday after the money for the project runs out.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
After a portion of the Keansburg Fishing Pier crashed into the Raritan Bay, there's now concern at other marinas and piers that are being hit by ice chunks.
Construction workers leaving the Hudson Tunnel worksite in New York City had no idea if or when they would return.
A Long Island man accused of driving drunk and killing a Nassau County police officer appeared in court Friday. Matthew Smith entered a not guilty plea.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
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.
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.
The Democratic primary race for the Congressional seat vacated by Gov. Mikie Sherrill is too close to call.
New Jersey officials and union workers will be calling for the Trump Administration to resume federal funding of the Gateway Tunnel Project. Construction is set to stop Friday after the money for the project runs out.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
Construction workers leaving the Hudson Tunnel worksite in New York City had no idea if or when they would return.
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.
Day 25 of the New York City nurses strike saw protests, arrests and some progress in the negotiations.
In New Jersey, nearly half a million people lost enhanced Affordable Care Act tax credits this year, but the impact goes far beyond those who got the credits.
Two-for-one tickets are returning for New York City's Off-Broadway Week.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Popular singer-songwriter Noah Kahan will be bringing his tour to New York City this summer. "The Great Divide" tour will stop at Citi Field on July 18.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The New York Knicks are acquiring guard Jose Alvarado from the New Orleans Pelicans, according to a person with knowledge of the trade deal.
The New York Islanders went into the Olympic break with a 3-1 win over the New Jersey Devils on Thursday night.
Jalen Suggs had his first career triple-double, leading the Orlando Magic to a 118-98 victory over the Brooklyn Nets.
The Hurricanes topped the Rangers 2-0 on Thursday night to extend their points streak to 10 games.
The Knicks outlasted the Nuggets 134-127 in two overtimes Wednesday night for their eighth straight victory.
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.
Dozens of middle school girls celebrated National Girls and Women in Sports Day at the Brooklyn Basketball Training Center on Wednesday.
A group of senior dancers aged 70 and up shine on stage at the Korean Community Services' center in Queens. They practice in Flushing twice a week and perform at events citywide.
A flooded manhole has turned a loading dock into an ice rink in Queens.
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.
The American Gaming Association shares how to play responsibly
CBS News New York's Tony Aiello talks about the future of the Catholic church and what to expect as Bishop Ronald Hicks become the newest archbishop of New York.
The judge in Luigi Mangione's state trial set a June 8 trial date for New York's case against him for the killing of UnitedHealthcare CEO Brian Thompson, leading to Mangione to have an outburst Friday as court concluded.
Ten train cars containing liquefied natural gas came off the tracks in Connecticut, with four rolling into a nearby river. Officials said there is no public health risk.
All southbound lanes of the Major Deegan Expressway were shutdown temporarily on Friday morning after a car hit a man who was on the road, officials said. Police are investigating.
