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.
Philadelphia police are searching for a hit-and-run suspect who killed a cyclist on Lancaster Avenue, one of the most dangerous streets in the city.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
The snow and wintry weather is causing travel disruptions on one of the busiest travel days at PHL.
The South Philadelphia bar was a haven for Chiefs fans in the Philly area for years.
Police say 44-year-old Rahman Rose entered a DMV in Wilmington, Delaware and shot and killed a state trooper.
Snow and ice are expected around the Philadelphia area Friday night into Saturday morning.
Philadelphia police are searching for a hit-and-run suspect who killed a cyclist on Lancaster Avenue, one of the most dangerous streets in the city.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
The snow and wintry weather is causing travel disruptions on one of the busiest travel days at PHL.
The South Philadelphia bar was a haven for Chiefs fans in the Philly area for years.
Philadelphia police are searching for a hit-and-run suspect who killed a cyclist on Lancaster Avenue, one of the most dangerous streets in the city.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
The snow and wintry weather is causing travel disruptions on one of the busiest travel days at PHL.
Parking and traffic restrictions for the Mummers parade start Friday in Philadelphia.
The group Homies Helping Homies prepped boxes of food and winter clothes for residents of the Point Breeze section of South Philly.
Smith previously played young Nala in "The Lion King" on Broadway.
Here are mall opening and closing hours for the Christmas and Christmas Eve holidays around the Philly region.
The holiday rush was on Sunday night as shoppers scrambled to get their last-minute holiday gifts inside the Cherry Hill Mall.
Philadelphia and South Jersey residents were left shaken after powerful winds sent massive trees onto homes and vehicles Friday.
A man and his baby are safe after a tree fell onto their home in Washington Township, police said.
Police say 44-year-old Rahman Rose entered a DMV in Wilmington, Delaware and shot and killed a state trooper.
Portnoy said he plans to give Delaware State Police Cpl. Matthew "Ty" Snook's family nearly $500,000.
Tributes are pouring in for Delaware State Police Cpl. Matthew "Ty" Snook, who was shot and killed in Wilmington.
Delaware State Police said Cpl. Matthew "Ty" Snook served since 2015.
A Delaware state trooper and the suspect are dead after a shooting at the DMV in Wilmington, Delaware, on Tuesday, officials say.
Thousands of Pennsylvanians are dropping their health insurance as premiums are set to double on Jan. 1, 2026.
Hearing technology helps deaf and hard-of-hearing students perform at the annual holiday show in Overbrook.
A Pennsylvania man visited Penn to thank the surgeon who saved his life during a stroke.
There are encouraging early signs the angel advocate approach is helping people find organ donors.
Children with critical illnesses and their families can visit the Wishing Place in Bala Cynwyd to start their wish journeys.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
With product return fraud on the rise, an emerging company is using AI to help spot issues.
Here are mall opening and closing hours for the Christmas and Christmas Eve holidays around the Philly region.
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.
The snow and wintry weather is causing travel disruptions on one of the busiest travel days at PHL.
Parking and traffic restrictions for the Mummers parade start Friday in Philadelphia.
The holiday travel rush is ramping up on the roads and in the skies around the Philadelphia region.
The Pennsylvania Turnpike's eastbound lanes have reopened following a multi-vehicle crash between Bensalem and Willow Grove.
SEPTA's largest workers' union voted to ratify its new contract with the Philadelphia-based transit agency Wednesday night.
The South Philadelphia bar was a haven for Chiefs fans in the Philly area for years.
Travis Konecny scored and added his 300th career assist, leading the Philadelphia Flyers past the Blackhawks 3-1 and handing depleted Chicago its sixth straight loss.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
Zack Baun, Jalen Carter, Cooper DeJean, Cam Jurgens and Quinyon Mitchell are the five Philadelphia players named to the initial 2026 Pro Bowl roster.
Nikita Grebenkin had a goal and an assist, Carl Grundstrom also scored, and the Philadelphia Flyers beat the Vancouver Canucks 5-2.
Smith previously played young Nala in "The Lion King" on Broadway.
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Albert Brooks said he's still in shock over the death of his friend Rob Reiner, whom he met at 14 years old.
The Oscars ceremony is moving to YouTube starting in 2029, the Academy of Motion Picture Arts and Sciences announced on Wednesday.
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 winter storm is bringing sleet and freezing rain to the Philadelphia area Friday night. Drivers and crews are preparing for dangerous conditions on the roads.
A winter mix will create dangerous travel conditions Friday night around the Philadelphia area. Chief Meteorologist Bill Kelly has the NEXT Weather forecast.
One day after Christmas, shops and malls in the Philadelphia area were crowded again, including with people making returns and exchanges.
Philadelphia police are searching for the driver who hit and killed beloved DJ June Rodriguez last weekend. The crash happened on Lancaster Avenue in Overbrook, one of the most dangerous stretches of road in the city, Liz Crawford reports.
Big Charlie's Saloon, a home away from home for Kansas City Chiefs fans in South Philadelphia, has closed following the death of owner Paul Staico.