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 first wave of extended-hours permits allowing Philadelphia bars to stay open until 4 a.m. have been approved just in time for the 2026 FIFA World Cup.
Alec Bohm hit a three-run home run, Kyle Schwarber and Bryce Harper also went deep, and the Philadelphia Phillies beat the Toronto Blue Jays 7-4.
A man was shot and killed in Philadelphia's East Germantown neighborhood over a parking dispute Wednesday night, police said.
Philadelphia Phillies outfielder Adolis García left the game vs. the Blue Jays in the seventh inning after making consecutive throws to home plate on sacrifice flies.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
More than 300 school-based positions in the School District of Philadelphia are being preserved after the city committed $48 million to the district.
The first wave of extended-hours permits allowing Philadelphia bars to stay open until 4 a.m. have been approved just in time for the 2026 FIFA World Cup.
Police released surveillance footage Wednesday of two suspects wanted in the fatal shooting of a Penn State student in South Philly.
Alec Bohm hit a three-run home run, Kyle Schwarber and Bryce Harper also went deep, and the Philadelphia Phillies beat the Toronto Blue Jays 7-4.
Wednesday in the Philadelphia region will come with two noticeable changes — an increase in humidity and a few storms that pass by the area.
The first wave of extended-hours permits allowing Philadelphia bars to stay open until 4 a.m. have been approved just in time for the 2026 FIFA World Cup.
A man was shot and killed in Philadelphia's East Germantown neighborhood over a parking dispute Wednesday night, police said.
A motorcyclist died in a crash on Henry Avenue in Philadelphia's Roxborough neighborhood Wednesday, police said.
More than 300 school-based positions in the School District of Philadelphia are being preserved after the city committed $48 million to the district.
Philadelphia International Airport is also on alert, especially with an increased number of travelers for the six World Cup matches in South Philly.
Crews have found the body of Davoris Carter, the 14-year-old who went missing while swimming in Wildwood earlier this month, police said Wednesday.
Cristian Custodio-Aquino faces 30 years in prison for killing Dr. Michael Anthony, who owned Haddon Vet.
More than 50 shots were fired in a shooting that hurt seven people in Trenton, New Jersey, Tuesday night, local officials say.
Four high school seniors will be awarded scholarships in honor of Danielle Kousoulis, a South Jersey woman who died on 9/11.
The City of Camden ordered EMR Recycling to cease operations after a number of scrap yard fires broke out at the facility.
Anticipation grows in Delaware's West African community as the Ivory Coast's national soccer team settles into its Wilmington hotel ahead of the World Cup.
A teenager was arrested after she allegedly stabbed her hairdresser and another person inside a Wilmington hair salon, Delaware State Police said.
Gordon Turner was convicted of murder and other charges after hitting and killing a University of Delaware student with a U-Haul van last year.
A star high school lacrosse player in Delaware is back on the field after a mysterious condition in his jaw turned out to be something much more serious.
Delaware State troopers found the young girl dead in her bedroom after her father allegedly hit her multiple times with a belt.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
A star high school lacrosse player in Delaware is back on the field after a mysterious condition in his jaw turned out to be something much more serious.
Researchers at Penn Medicine say the revolutionary cancer treatment CAR-T therapy may also help patients with kidney failure.
Preliminary research out of Penn Medicine indicates that GLP-1 drugs could prevent breast cancer, but more study is needed.
ChristianaCare Hospital, Aston — Delaware County's first micro-hospital — is expected to treat 15,000 patients annually.
Target is voluntarily recalling two types of baby wipes due to concerns that the products may be contaminated with bacteria that may cause "serious and life-threatening infections," the U.S. Food and Drug Administration said on Friday.
The Pennsylvania Liquor Control Board says it will begin approving the extended-hours permits for Philadelphia businesses within the next week.
Two top-rated and critically acclaimed restaurants in the Philadelphia area are receiving a new honor.
Sportswear brand Mitchell & Ness is opening a new three-story flagship store in Center City Philadelphia.
Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas' Golden Nugget and chains like Rainforest Cafe and Morton's.
Organizers say they want the FIFA Fan Festival in Philadelphia to be "soccer Coachella" for fans from around the world.
SEPTA says it's making improvements to the train station in the South Philadelphia Sports Complex.
A new website helps visitors and residents check traffic conditions before heading to events in Philadelphia this summer.
PennDOT is replacing a bridge built in 1950 that carries State Road across the Darby Creek, linking Upper Darby and Springfield townships.
SEPTA's South Broad Concourse links 15th/City Hall and Walnut-Locust stations and reopened after being closed for six years.
Alec Bohm hit a three-run home run, Kyle Schwarber and Bryce Harper also went deep, and the Philadelphia Phillies beat the Toronto Blue Jays 7-4.
Philadelphia Phillies outfielder Adolis García left the game vs. the Blue Jays in the seventh inning after making consecutive throws to home plate on sacrifice flies.
The Eagles added some depth to their defensive line by signing A.J. Epenesa, who spent the last six seasons with the Buffalo Bills.
Philadelphia International Airport is also on alert, especially with an increased number of travelers for the six World Cup matches in South Philly.
The U.S. Coast Guard is one of the agencies monitoring safety and security during World Cup matches in South Philadelphia.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
The Godmother of Soul — Philly's own Patti LaBelle — received a Lifetime Achievement Award during the college's Rhythm and RISE celebration.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
"LUZIA" showcases Mexican culture under the Big Top at the Greater Philadelphia Expo Center in Oaks through June 7.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
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.
Crews have found the body of Davoris Carter, the 14-year-old who went missing while swimming in Wildwood, New Jersey, earlier this month, police said Wednesday.
The shooting happened on the 6100 block of Magnolia Street at around 7:30 p.m., according to Philadelphia police.
The first wave of extended-hours permits allowing Philadelphia bars to stay open until 4 a.m. have been approved just in time for the 2026 FIFA World Cup. Eva Andersen reports.
Philadelphia Mayor Cherelle Parker and other city leaders on Wednesday said they have a plan to protect 340 school-based jobs in the district for five years.
Cristian Custodio-Aquino, of Oregon, pleaded guilty to the 2024 murder of Dr. Michael Anthony, a popular veterinarian in South Jersey, prosecutors say.