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.
Cheltenham School District has tapped Chris McGinley as its next superintendent.
Police in Philadelphia are searching for a man they say chased at least a half dozen people last week within a half hour while wearing a Chucky-style mask.
"We've seen too many developers who are trying to bulldoze our community," Pennsylvania Gov. Josh Shapiro told "CBS Mornings."
From souvenir shops to restaurants, casinos and hotels, many people consider the boardwalk the heart of Atlantic City, N.J.
Parents should start preparing their children now to adjust to a school schedule, according to one sleep expert.
Cheltenham School District has tapped Chris McGinley as its next superintendent.
Police in Philadelphia are searching for a man they say chased at least a half dozen people last week within a half hour while wearing a Chucky-style mask.
Four gunmen fired more than 50 shots along Ridge Avenue in North Philly Tuesday afternoon, fatally striking a 78-year-old man and wounding two other men, police said.
"We've seen too many developers who are trying to bulldoze our community," Pennsylvania Gov. Josh Shapiro told "CBS Mornings."
From souvenir shops to restaurants, casinos and hotels, many people consider the boardwalk the heart of Atlantic City, N.J.
Cheltenham School District has tapped Chris McGinley as its next superintendent.
School officials met with families Tuesday night in Kensington to explain what went wrong and where students will go instead.
The NTSB released new videos of the Northeast Philadelphia plane crash on Tuesday.
East Side Little League of West Chester is hoping to make a deep run in the Little League Baseball World Series in Williamsport.
CBS News Philadelphia reviewed hundreds of pages of R.C. Horsch's books. Much of the material is graphic, disturbing, sexually explicit and violent.
While Tuesday will be hot, the humidity levels in the region will be lower, making for a good day to head to the pool or beach.
New Jersey floral designer Alisha Simone Bell said she puts her "whole heart" into every arrangement and every detail.
Two people were shot and killed in Millville Sunday morning, the Cumberland County Prosecutor's Office says.
A man has been arrested in connection with a boating crash that killed two kids off the coast of Ocean County, New Jersey.
After a brief period of relief in 2025, car insurance costs are climbing again across much of the country.
Art DeRamus' girlfriend was hurt in the shooting while she was sleeping in the front bedroom of the home in New Castle County, Delaware.
While Tuesday will be hot, the humidity levels in the region will be lower, making for a good day to head to the pool or beach.
A 54-year-old woman was killed by an alleged drunken driver who ran a stop sign in New Castle, Delaware, Saturday night, police said.
A 6-year-old boy riding a bike was injured when an SUV struck them in Port Penn, Delaware, on Sunday, New Castle County Paramedics said.
East Side Little League of West Chester is heading to Williamsport for the 2026 Little League Baseball World Series.
Parents should start preparing their children now to adjust to a school schedule, according to one sleep expert.
A Chester County teenager is getting ready to go back to school after recovering from a special kind of brain surgery.
An experimental treatment being tested in Philadelphia could offer new hope for people with ALS.
History is the backbone of a new back-to-school vaccine campaign in Camden, N.J., launched by Grandparents for Vaccines.
In 2012, Emily Whitehead was the first pediatric patient to get a breakthrough cancer treatment that saved her life and is now helping others.
New Jersey floral designer Alisha Simone Bell said she puts her "whole heart" into every arrangement and every detail.
On Tuesday, Pennsylvania took a major step in the fight against the negative impacts of social media, particularly on children.
Thieves are smashing windows and targeting trading card stores looking for valuable Pokémon cards, police in South Jersey say.
Customers lined up to support Somerdale Cold Cuts as it reopened after a copper theft.
While some assume landlords are required to provide air conditioning, the law is not nearly as clear-cut as it is for heat in the winter
Beginning Sunday, several bus routes in Philadelphia are changing, including the addition of two new routes.
A deadly crash in Warminster is under investigation Sunday, police said.
PennDOT is advising drivers about an overnight closure on the Schuylkill Expressway westbound in West Philadelphia between 30th Street and the interchange with I-676 East.
Pennsylvania State Police are investigating two crashes, one of which was fatal, that happened hours apart on I-95 and I-76 in Philadelphia.
An overturned tractor trailer blocked traffic on the southbound lanes of Route 55 after a crash early Monday morning in Gloucester County, New Jersey.
Bryston Stott's two-run single in the sixth inning helped the Phillies rally to beat the Marlins, 6-4, for their fifth straight win.
The Atlanta Falcons have signed defensive end Za'Darius Smith, the team said Tuesday.
East Side Little League of West Chester is hoping to make a deep run in the Little League Baseball World Series in Williamsport.
MLB's first game at the Field of Dreams movie site in four years in Dyersville, Iowa, averaged 1.66 million viewers on Netflix Thursday night according to Nielsen.
Cristopher Sánchez struck out six and became MLB's first 16-game winner as the Phillies beat the Marlins, 6-5, on Monday.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Emily Mello is joining Mural Arts Philadelphia and will replace Jane Golden, who is leaving after more than 40 years with the organization.
The Philadelphia theater program created for Black girls returns with an original production exploring identity, immigration and the stories often left untold.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
The Regal movie theater in King of Prussia said its IMAX 70mm projector is working again after an outage that affected screenings of "The Odyssey."
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.
Four gunmen fired over 50 shots on Ridge Avenue in Philadelphia on Tuesday afternoon, and newly obtained surveillance video shows the moments people on the crowded street took off running from the gunfire. Ross DiMattei reports.
25 towns were chosen for bringing Christmas to life through traditions, joyful celebrations and community.
End-of-life planning is a topic most of us don't want to think about, but avoiding it can cause headaches for your loved ones. Josh Sidorowicz has more on the common mistakes people make during the process in this preview of the In Your Corner podcast. Watch the full episode on the CBS Philadelphia YouTube channel.
The Atlantic City Boardwalk started as a novel way to keep sand, which is coarse and rough and irritating and gets everywhere, out of the resort town's hotel lobbies and train cars. Today the first boardwalk in the country is also the longest. Ryan Hughes has more.
The NTSB is still investigating what caused the Jan. 31, 2025 medical jet crash in Philadelphia, but a report released Tuesday contains new video, photos and information. All six people aboard the plane and two people on the ground were killed in the crash. Madeleine Wright reports.