Stock market whipsaws as Trump makes new China threat
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
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It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
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.
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?
Wall Street is dealing with a correction, not a crash, says Morgan Stanley's Bob Manning.
The Dow began in 1896 with 12 industrial stocks.
On today's show, Rich discussed Debbie Wasswerman Shultz decision to question the legitimacy of November's election, director Josh Whedon's criticisms of Ivanka Trump, and the Trump administration defunding of sanctuary cities. At 3:15pm U.S. Congresswoman Marsha Blackburn, from the 7th District of Tennessee, called in to talk about the GOP retreat in Philadelphia. At 5pm Fox Buisness Channel's Maria Bartiromo joined the show to talk about the Dow Jones hitting 20,000 points for the first time in its history.
On today's show, Matt discussed Jill Stein's failed recount effort in PA, Trump's reaffirmed victory in Wisconsin, and whether or not you're obligated to tip around the holidays. At 4pm retired secret service agent Robert Caltabiano joined the show to discuss potential Russian hacking of US political institutions. At 5:30pm author and Forbes contributor Chris Versace checked in to tell us what we can expect from the market before the years end.
"This is not the time to panic," says chief economist Mark Zandi.
A legendary investor and Guinness record-holder has a lot of stories to tell, and a lot of concerns for our current stock climate.
The 18th annual Pink Invitational is raising money to help women with breast and ovarian cancer.
Conwell-Egan Catholic High School wrestler Julia Horger is seeking her third straight state championship this weekend.
At Archie's Corner, archaeologists and township leaders are using new technology to protect the legacy of a trailblazing Black preacher.
Bobby Brink is heading home, and the Flyers are acquiring 6-foot-4 right-handed defenseman David Jiricek from the Wild.
After losing the ability to walk, Onaliese Cosme fought her way back onto the soccer pitch at Deptford High School in New Jersey.
The 18th annual Pink Invitational is raising money to help women with breast and ovarian cancer.
Conwell-Egan Catholic High School wrestler Julia Horger is seeking her third straight state championship this weekend.
At Archie's Corner, archaeologists and township leaders are using new technology to protect the legacy of a trailblazing Black preacher.
Bobby Brink is heading home, and the Flyers are acquiring 6-foot-4 right-handed defenseman David Jiricek from the Wild.
After losing the ability to walk, Onaliese Cosme fought her way back onto the soccer pitch at Deptford High School in New Jersey.
The 18th annual Pink Invitational is raising money to help women with breast and ovarian cancer.
At Archie's Corner, archaeologists and township leaders are using new technology to protect the legacy of a trailblazing Black preacher.
A child shot and killed a man who was fighting with the boy's mother inside a Southwest Philadelphia home Thursday night, according to police sources.
A crash involving an SUV and a SEPTA Trolley has left one man dead and two others injured early Friday morning.
Three people were sent to the hospital following a fire at an apartment building in Horsham, Pennsylvania, late Thursday night.
After losing the ability to walk, Onaliese Cosme fought her way back onto the soccer pitch at Deptford High School in New Jersey.
There are several challenges in the investigation into the March 4 explosion at a Logan Township cocoa processing facility, officials say.
Camden County officials celebrated the opening of a new reentry release center designed to help people leaving jail as they return to the community.
New Jersey E-ZPass users could soon be able to ditch the tags mounted to their windshields to pay tolls.
At least three people remain hospitalized after an explosion in Swedesboro, Gloucester County, that also damaged nearby businesses.
Delaware residents can now schedule appointments at the Wilmington DMV, which will reopen on Tuesday, March 10, 2026.
New Castle County police fatally shot a man armed with knives after a standoff on Ramsey Road.
Gas prices are spiking just days into the U.S.-Israel war with Iran, with the nationwide average already up 22 cents per gallon in the last week, AAA says.
Operation Epic Fury sparked swift reaction from lawmakers in Pennsylvania, New Jersey and Delaware.
After a nor'easter dumped snow on the Philadelphia area, some schools have announced closings and virtual learning days for Tuesday, Feb. 4.
The 18th annual Pink Invitational is raising money to help women with breast and ovarian cancer.
A micro-hospital that aims to help Delaware County after Crozer Health's collapse last year is inching closer to opening in Aston.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
One Montgomery County woman spoke with CBS News Philadelphia to detail how she found treatment that saved her life.
The Franklin Mall in Northeast Philadelphia is set to reopen Friday after being because of a fire, a spokesperson said.
The Franklin Mall in Northeast Philadelphia is closed until further notice following a fire, a mall security official said.
Move over, Wawa, "there's a new player in town." Customers shed light on Pennsylvania's heated rivalry as Sheetz opened its first store in Montgomery County.
Former Sheetz president and CEO Steve Sheetz has died at age 77, the Altoona-based company announced on Monday.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
A person is dead, and another was critically injured in a crash in Southwest Philadelphia involving a SEPTA bus Wednesday afternoon, police said.
The same technology the PPA started using last year to ticket illegally parked drivers from cameras on SEPTA buses will soon be used on trolleys.
A stretch of Route 202, also known as DeKalb Pike, will be closed until late fall as work to prevent sinkholes gets underway.
A major winter storm blanketed southeastern Pennsylvania, New Jersey and Delaware with snow Sunday night and Monday.
Martin Luther King Jr. Drive in Philadelphia has reopened following emergency repairs, according to the city.
Conwell-Egan Catholic High School wrestler Julia Horger is seeking her third straight state championship this weekend.
Bobby Brink is heading home, and the Flyers are acquiring 6-foot-4 right-handed defenseman David Jiricek from the Wild.
After losing the ability to walk, Onaliese Cosme fought her way back onto the soccer pitch at Deptford High School in New Jersey.
Vitek Vanecek stopped 16 shots and Dylan Guenther assisted on two Utah goals as the Mammoth beat the Philadelphia Flyers 3-0.
Philadelphia Phillies catcher J.T. Realmuto got two strikeouts without Jesús Luzardo having to throw extra pitches, or face another batter in the first inning of his spring debut.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Philadelphia is known as the "Mural Capital of the World," so as America celebrates its 250th year, artists and the community are coming together to create another piece.
Julia Horger three-peated at a top-level tournament, and now, the Conwell-Egan Catholic High School senior is seeking to three-peat as a state champion.
Thousands of gymnasts from all over the country are in Philadelphia for the 18th annual Pink Invitational. The event helps raise money for women with breast and ovarian cancer. Stephanie Stahl reports.
The switch to Daylight Saving Time increases the risk for heart attacks and car crashes. Some doctors say it's mainly due to disrupted sleep and thats a growing issue for children. Stephanie Stahl reports.
Investigators are looking into what caused an explosion at a Logan Township, New Jersey, business on Wednesday. The blast rocked South Jersey and even parts of Delaware County and northern Delaware. New Jersey reporter Ryan Hughes has the latest information from emergency officials.