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.
Temperatures hover near freezing early Saturday across the Delaware Valley.
Quentin Grimes scored 22 points to lead a productive performance from the 76ers bench in 116-101 victory over Milwaukee.
The iconic Peanut World and three other other businesses along the Atlantic City Boardwalk were damaged in a fire Friday afternoon.
Matt Campbell was hired as Penn State's coach, ending a two-month search by the Nittany Lions to find James Franklin's successor.
Billionaire philanthropist MacKenzie Scott donates $25 million to Lincoln University, marking her second gift to the HBCU.
TWU Local 234, the union representing 5,000 SEPTA workers, said a strike is "imminent" and could happen as early as Friday.
Temperatures hover near freezing early Saturday across the Delaware Valley.
Quentin Grimes scored 22 points to lead a productive performance from the 76ers bench in 116-101 victory over Milwaukee.
City council in Ocean City voted in favor of redeveloping the site of the shuttered Gillian's Wonderland Pier Thursday night.
The iconic Peanut World and three other other businesses along the Atlantic City Boardwalk were damaged in a fire Friday afternoon.
Billionaire philanthropist MacKenzie Scott donates $25 million to Lincoln University, marking her second gift to the HBCU.
A man was stabbed multiple times in the neck on a Market-Frankford Line train in Center City, SEPTA police said.
TWU Local 234, the union representing 5,000 SEPTA workers, said a strike is "imminent" and could happen as early as Friday.
Police said an officer was injured in a hit-and-run, and the driver eventually crashed into a home about a mile away in North Philly.
Everyone is expected to be OK after a crash involving a Smart car and a Philadelphia police patrol vehicle, police said.
The iconic Peanut World and three other other businesses along the Atlantic City Boardwalk were damaged in a fire Friday afternoon.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
City council in Ocean City voted in favor of redeveloping the site of the shuttered Gillian's Wonderland Pier Thursday night.
Lumberton Township, New Jersey, Mayor Gina LaPlaca was indicted on child abuse charges Thursday, officials said.
Republican Rep. Brian Fitzpatrick said he was readying a plan that would extend the Affordable Care Act subsidies for two years.
Three police officers credited for preventing a potential attack at the University of Delaware were honored Friday.
Republican Rep. Brian Fitzpatrick said he was readying a plan that would extend the Affordable Care Act subsidies for two years.
Federal prosecutors say a Delaware man, Luqmaan Khan, had plans to attack the University of Delaware police department.
The first winter storm of the season is forecast to bring a mix of snow and rain to the Delaware Valley overnight Monday into Tuesday.
The NEXT Weather team is looking ahead to snow and rain in the forecast for the Philadelphia area this week.
A new report highlights the stories of kids who have survived cancer and the importance of research funding.
A little boy from Delaware County is getting his once-in-a-lifetime wish, just in time for the holidays.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Thanks to Shriners Children's Philadelphia, 11-year-old Desa Kaiser has an adaptive wheelchair that she can use for dancing.
Doctors at Main Line Health now have a new kind of robotic surgery that makes recovery quicker and easier for lung cancer patients.
Through Amazon Now, customers can get household items, cosmetics, electronics, groceries and more delivered in about 30 minutes or less.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Amazon's Northeast Philadelphia facility expects to see about 10,000 more packages per day during the holiday peak.
The U.S. Department of Energy says it's loaning $1 billion to help finance the restart of the nuclear power plant on Pennsylvania's Three Mile Island.
Her Place Supper Club, Friday Saturday Sunday and Provenance each received a prestigious Michelin star, the first for any Philadelphia restaurants.
TWU Local 234, the union representing 5,000 SEPTA workers, said a strike is "imminent" and could happen as early as Friday.
A crash involving a tractor-trailer and a van closed I-295 north near the Route 70 exit in Cherry Hill, New Jersey, Wednesday.
Part of I-95 North in Philadelphia will be closed overnight this week for roadwork.
Road and sidewalk closures are coming to Logan Circle in Philadelphia so crews can make improvements.
A new traffic pattern will be in place around the Philadelphia Sports Complex on Black Friday after the Eagles-Bears game.
Quentin Grimes scored 22 points to lead a productive performance from the 76ers bench in 116-101 victory over Milwaukee.
Matt Campbell was hired as Penn State's coach, ending a two-month search by the Nittany Lions to find James Franklin's successor.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Rookie VJ Edgecombe and Tyrese Maxey each made huge plays in the final seconds as the Philadelphia 76ers beat the short-handed Golden State Warriors.
Jalen Carter is considered week to week after undergoing procedures on both shoulders on Monday, a league source confirms.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Pennsylvania is investing nearly $50 million into the production of season 2 of the HBO Delco crime drama series "Task."
Mechanicsburg native and comedian Shane Gillis will play the largest headline show of his career at the Linc in July 2026.
Donald Glover, who performs under the moniker Childish Gambino, revealed he suffered a stroke last year, which forced him to cancel his tour.
"Task," the Delaware County crime drama series, will return for a second season, HBO announced Thursday.
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.
A CDC panel voted to stop giving newborns the Hepatitis B vaccine, sparking controversy. Stephanie Stahl reports.
Temperatures hover near freezing early Saturday across the Delaware Valley. Grant Gilmore has the forecast.
TWU Local 234, the union representing 5,000 SEPTA workers, said a strike is "imminent" and could happen as early as Friday. Ross DiMattei reports.
A 20-year-old woman has been arrested for allegedly hitting a police cruiser and an officer before fleeing the scene, later crashing into a home in North Philadelphia.
Billionaire philanthropist MacKenzie Scott donates $25 million to Lincoln University, marking her second gift to the HBCU.