Stocks rebound after earlier drop on concerns about Iran war impact
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
Watch CBS News
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
When it comes to investing, it can feel overwhelming after last year's volatility in the market, from tariffs to inflation and job losses. But it's better to stay calm, stay informed and stay invested, Mical Jeanlys-White tells Josh Sidorowicz in this preview of the latest In Your Corner podcast episode.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Most major retailers and grocery stores will be open on New Year's Eve, although some will have reduced hours.
Most stores will remain open on Veterans Day, but services like the USPS and many banks will close.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
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.
Stocks cratered in the U.S. on Thursday as anxious investors tried to assess the potential economic impact of the latest round of Trump administration tariffs.
The stock market saw massive selloffs Thursday, a day after President Trump announced sweeping tariffs. Philadelphia-based experts say there's no need to panic and share some analysis for those worried about their retirement accounts.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Not everyone necessarily needs a financial advisor. But there are certainly times when one can be useful, and there are certain questions you should be asking to make sure you find one you can trust with your money. Josh Sidorowicz is in your corner.
Delaware-based economist Robert Fry says the uncertainty about President Trump's tariffs is behind the recent stock market panic.
U.S. stocks cratered Monday amid growing U.S. economic concerns and after President Trump declined to rule out a recession that investors worry could be triggered by his aggressive trade policies.
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
Jan. 9 is designated a National Day of Mourning for the late President Jimmy Carter, who died Dec. 29, 2024 at age 100. On this day, government offices and the stock market are closed and the U.S. Postal Service is not delivering mail. Jim Donovan explains and has your morning headlines with weather from Meteorologist Kate Bilo.
Black Friday is a major shopping day for the nation's retailers. Here's what's happening with the stock market and USPS.
Some businesses and services may be closed on Veterans Day, a holiday to commemorate Americans who served in the military.
Columbus Day, also known as Indigenous Peoples Day, is a federal holiday. Here's what is open and closed on Monday, Oct. 14.
U.S. markets fell for a third consecutive day amid fears of an economic slump. But experts say investors shouldn't panic — here's why.
Japan's benchmark Nikkei 225 stock index plunged 12.4% on Monday in the latest bout of selloffs that are shaking world markets as investors fret over the state of the U.S. economy.
S&P 500 suffered its biggest drop in two months after Fed chair Jerome Powell said rates will remain high "for some time."
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?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
Chris Rabb won a competitive Democratic primary for the U.S. House of Representatives seat representing part of Philadelphia.
Jefferson Methodist Hospital is temporarily closed on Tuesday night in South Philadelphia because of a power outage.
Former teacher Bob Harvie won the Democratic primary in Pennsylvania's 1st Congressional District, CBS News projects.
Bob Brooks won the Democratic primary for a U.S. House seat representing the Lehigh Valley, CBS News projects. He will attempt to flip the seat blue in the general election.
Chase Burns shines for the Cincinnati Reds, striking out nine in six innings during a 4-1 victory over the Philadelphia Phillies.
Chris Rabb won a competitive Democratic primary for the U.S. House of Representatives seat representing part of Philadelphia.
Jefferson Methodist Hospital is temporarily closed on Tuesday night in South Philadelphia because of a power outage.
Former teacher Bob Harvie won the Democratic primary in Pennsylvania's 1st Congressional District, CBS News projects.
Bob Brooks won the Democratic primary for a U.S. House seat representing the Lehigh Valley, CBS News projects. He will attempt to flip the seat blue in the general election.
Chase Burns shines for the Cincinnati Reds, striking out nine in six innings during a 4-1 victory over the Philadelphia Phillies.
Chris Rabb won a competitive Democratic primary for the U.S. House of Representatives seat representing part of Philadelphia.
Jefferson Methodist Hospital is temporarily closed on Tuesday night in South Philadelphia because of a power outage.
Former teacher Bob Harvie won the Democratic primary in Pennsylvania's 1st Congressional District, CBS News projects.
Bob Brooks won the Democratic primary for a U.S. House seat representing the Lehigh Valley, CBS News projects. He will attempt to flip the seat blue in the general election.
As America prepares to celebrate its 250th birthday, one historian is marking the occasion with a journey along the Underground Railroad.
Five people were injured after a car and an NJ Transit River Line train collided Tuesday in Delran, a spokesperson for the transportation provider said.
The Philadelphia region is facing a double whammy of record-breaking heat mixed with the area's poor air quality.
A jury found Paul Caneiro guilty in February of murdering his brother, sister-in-law, niece and nephew before setting their New Jersey mansion on fire in 2018.
Crews are searching for a swimmer who went missing in Ocean City, New Jersey, on Monday night, the Coast Guard said.
Scientists are buzzing about Triantha x novacaesariensis, a newly identified plant found in New Jersey's Pine Barrens.
The historic Mother African Union Church in Wilmington, Delaware, was destroyed in a fire early Sunday morning.
A Delaware man is in custody after he barricaded himself and started a fire inside a Wawa store on Limestone Road, police say.
A New Castle County, Delaware, refinery is starting repairs that could increase its sulfur dioxide emissions levels past permitted limits.
At 108 years old, Susan Young Browne still exercises, drives and visits the Dover, Delaware, senior center she's been a member of for more than 50 years.
Delaware State University students are taking off from Chandelle Airport in Dover as they work to become future Army aviators.
The Philadelphia region is facing a double whammy of record-breaking heat mixed with the area's poor air quality.
Research from Thomas Jefferson University could help ID a new way to improve poor sleep and reduce the risk of Alzheimer's disease.
Life is back to normal for 21-year-old Gianna Parrillo-Shennard, whose life was saved by Jefferson Health's mobile stroke unit.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
NAMI Montgomery County is hosting a mental health awareness and fundraising walk for the organization's free mental health programs.
The 2026 PGA Championship at Aronimink Golf Club is a huge boost for Pottstown, Pennsylvania-based Lessen the Loads.
Bars and restaurants in Newtown Square are gearing up for an influx of customers as the 2026 PGA Championship is here.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Photos by HughE Dillon
Five people were injured after a car and an NJ Transit River Line train collided Tuesday in Delran, a spokesperson for the transportation provider said.
A crash involving a tractor-trailer in Chester County shut down the Route 30 Bypass Monday night.
SEPTA on Monday announced its plans to get fans to and from six World Cup matches in Philadelphia and the fan festival at Lemon Hill.
A Delaware woman died in a multi-vehicle crash on I-95 in South Philadelphia Tuesday night while her 4-year-old daughter was in the backseat, state police said.
A serious crash in Hainesport, New Jersey, forced Route 38 to close Thursday night.
Chase Burns shines for the Cincinnati Reds, striking out nine in six innings during a 4-1 victory over the Philadelphia Phillies.
Bryson Stott hit a two-run homer with two outs in the eighth inning and Jhoan Duran worked a 1-2-3 ninth as the Philadelphia Phillies extended their winning streak to five games with a 5-4 win over the Cincinnati Reds.
SEPTA on Monday announced its plans to get fans to and from six World Cup matches in Philadelphia and the fan festival at Lemon Hill.
On Monday, May 18, the merchandise tent at Aronimink Golf Club is open to the public for one day of last-minute shopping, where all remaining items are 50% off.
The 2026 PGA Championship at Aronimink Golf Club brought roughly 200,000 golf fans to Newtown Square, Delaware County.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
If you dine out in Philadelphia during the 2026 FIFA World Cup events, you could end up paying more.
Call Your Mother, a Washington D.C. based bagel and deli chain, now has the keys to Metropolitan's Rittenhouse Square location.
The Philadelphia Museum of Art is embracing a statue it once kept at arm's length.
The "Dog Days Are Over" for the Flyers, but their return to the playoffs comes at the cost of the Florence + the Machine concert.
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.
Bill Kelly says there's a chance of severe storms in the Philadelphia region on Wednesday. Here's the latest NEXT Weather forecast.
No one was injured when an explosive device detonated near a polling place in Catasauqua, Pennsylvania, during Tuesday's primary election, police said.
Democrats Bob Harvie and Bob Brooks are both looking to flip seats blue in November's general election.
Voters in parts of Philadelphia have selected Chris Rabb to represent them in the U.S. House of Representatives, CBS News projects.
Sources tell CBS News Philadelphia the temperature inside the hospital was 88 degrees during the outage.