Surging Stock Market Reflects 'Very Bright Outlook' For Economy, Finance Prof Says
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
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The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The stock market is volatile, but a money manager in Center City Philadelphia says there's a bright side and investors have plenty of prospects going forward.
Wall Street is dealing with a correction, not a crash, says Morgan Stanley's Bob Manning.
A sharp decline in China's economy and plummeting crude oil prices are having a big impact in the United States and around the world.
Economist Chris Butler says declines in the Chinese stock market are not the only reason our markets have had a rough start to the new year.
Financial Television Host Lou Dobbs addressed this week's market volatility, pinning the blame for most of the stock losses on China and warning investors to be cautious.
Economist Chris Butler attempted to make sense of the chaos and indicated the origin of the fall could be based in China.
The Acorns app lets you invest spare change from purchases you make every day.
Chris details the latest on the signup problems at healthcare.gov, criticisms being leveled at New Jersey Governor Chris Christie, and the case of cat hoarding at Grace Kelly's former house. He talks to John Hayward from Red State, Steve Cordasco on Finance Friday, and CBS 3's Beasley Reece.
A legendary investor and Guinness record-holder has a lot of stories to tell, and a lot of concerns for our current stock climate.
So what is illegal insider trading? It's when you buy or sell stock based on important information that is not generally known to the public because it gives you an advantage over other investors.
The IPO was one of the largest in history, bringing in $16 billion for the company that was founded in a Harvard dorm room eight years ago.
It was born in a Harvard dorm, spreading like wildfire through colleges across the country. Now, after its I.P.O., Facebook is worth $104 billion.
U.S. government debt is among the safest investments around, but with inflation peeking above its low yields, investors could actually lose money. However, there are reasons why they might still buy in.
"Facebook," the social networking web site, may be filing its long-awaited initial public offering ("IPO") later this week. But it will probably be months before the company will be offering any stock.
If you like a constant update on stocks, whether you work in the industry or are just curious about the state of the economy, the Stock Ticker Pro app is there.
Chris reviews last night's Iowa Republican Presidential debate with a variety of guests and talks to CBS 3's Beasley Reece about the Eagles preseason opener against the Ravens.
The city's pension board held an hourlong meeting this morning, during which the members decided to cash out $50 million worth of public equities. Some board members had urged converting even more of the fund's public holdings -- perhaps another $50 million -- to cash.
The latest Wall Street crisis is a worst-case scenario for the pension fund of Philadelphia city workers. Thursday morning, members of the board that oversees the fund were meeting to look at the damage.
Chris analyzes the crash in the stock market with Financial Analyst Chris Butler and Fox Business Host Gerri Willis. He talks to Daily News Reporter William Bender about the progress in the effort to legalize liquor sales in Pennsylvania and reviews Mayor Michael Nutters attempts to eliminate flash mob riots in the city.
As investors are still trying to make heads or tails of the roller coaster ride on Wall Street, word comes that Americans borrowed more money in June than during any month in the last four years. As 3 On Your Side Consumer Reporter Jim Donovan explains, that can be interpreted in a number of ways
Thousands of individually packaged bags of fentanyl were found in the woods in New Castle County, Delaware, police said.
One person is dead and another is in critical condition after a shooting inside the Excelcare rehabilitation facility in Egg Harbor Township Monday morning.
Enon Music Group is celebrating 10 years of impact by visiting 25 cities, hosting free concerts and donating to local nonprofits.
The last of the average temperature days are now behind us for the foreseeable future, with a huge push of summer-like air heading to the Philadelphia region starting Monday.
Pope Leo has been critical of the war in Iran and other priorities of the Trump administration, but says his comments are "not meant as attacks on anyone."
Philadelphia Mayor Cherelle Parker said first responders recovered the bodies of two workers who were missing following the parking garage collapse last week.
Thousands of individually packaged bags of fentanyl were found in the woods in New Castle County, Delaware, police said.
A West Chester University student was hit and killed by a car early Sunday morning, police said.
One person is dead and another is in critical condition after a shooting inside the Excelcare rehabilitation facility in Egg Harbor Township Monday morning.
King Willem-Alexander and Queen Máxima will meet with Gov. Josh Shapiro and First Lady Lori Shapiro, along with Mayor Cherelle Parker, while in Philadelphia.
Enon Music Group is celebrating 10 years of impact by visiting 25 cities, hosting free concerts and donating to local nonprofits.
A man died after he was hit by a car Sunday night in Philadelphia, police say.
Philadelphia Mayor Cherelle Parker said first responders recovered the bodies of two workers who were missing following the parking garage collapse last week.
A West Chester University student was hit and killed by a car early Sunday morning, police said.
A 19-year-old motorcyclist died after he lost control and crashed into a wall on Roosevelt Boulevard in Northeast Philadelphia Sunday, police said.
One person is dead and another is in critical condition after a shooting inside the Excelcare rehabilitation facility in Egg Harbor Township Monday morning.
A mass shooting at Chick-fil-A in Union Township, New Jersey, left one person dead and six others wounded.
Crews contained a wildfire in West Deptford, New Jersey that can be seen from Philadelphia.
Kishan Patel, who was shot by a former NYPD officer in 2024, has returned home after more than a year of rehab.
A suspect was linked to the murders of 24-year-old Marebeth Welsh in 1993 and 16-year-old Jennifer Persia in 1994, prosecutors said.
Thousands of individually packaged bags of fentanyl were found in the woods in New Castle County, Delaware, police said.
Months after a propane explosion, Refuge Nation Church in Bear, Delaware, will welcome members back this weekend.
A 17-year-old girl was taken to the hospital after she was shot on North Walnut Street in Wilmington, police said.
A meteor spotted across multiple states Tuesday afternoon traveled more than 100 miles before disintegrating, NASA said.
An Acme Markets store in Middletown, Delaware, sold the lottery ticket that won the $230.8 million Powerball jackpot.
An exhibit called Revolutionary Botany at the Mütter Museum explores the origins of the American pharmacy and Philly's role.
The Be Still Foundation is hosting a nationwide pickleball tournament during National Parkinson's Awareness Month.
Wawa is recalling four popular 16-ounce drinks sold at a number of stores in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.
Officials said access is an issue for many in Burlington County, home to almost half a million residents.
Ariana Ugarte is among about 500 children who have had kidney transplants at St. Christopher's Hospital for Children in Philadelphia.
Gas prices are climbing, putting a strain on the transportation industry and its workers in the Philadelphia area.
FIFA officials have canceled hundreds of hotel rooms in Philadelphia previously booked for this summer.
The Franklin Mall in Northeast Philadelphia is set to reopen Friday after being because of a fire, a spokesperson said.
The Franklin Mall in Northeast Philadelphia is closed until further notice following a fire, a mall security official said.
Move over, Wawa, "there's a new player in town." Customers shed light on Pennsylvania's heated rivalry as Sheetz opened its first store in Montgomery County.
SEPTA said a person was struck at the Girard Avenue B line station on Wednesday morning, leading to service disruptions.
Residents along Germantown Avenue in Philadelphia say speeding cars in the area have been a consistent problem.
Interstate 78 eastbound is back open on Saturday after a plane made an emergency landing.
All TSA security checkpoints at Philadelphia International Airport have reopened after weeks of staffing shortages due to a partial government shutdown.
SEPTA said it has bought 24 used Bombardier Comets railcars from the Montreal public transportation system, Exo.
Tyrese Maxey scored 21 points in the Philadelphia 76ers' final regular-season game.
Rory McIlroy of Northern Ireland won the 2026 Masters Tournament at Georgia's Augusta National, claiming his second straight green jacket.
Philadelphia Phillies rookie right-hander Andrew Painter, who was scratched from his scheduled start because of a migraine, instead threw five innings of relief after spending the morning throwing up.
Jose Fernandez and Adrian Del Castillo hit RBI singles in the eighth inning as the Arizona Diamondbacks rallied to beat Philadelphia 4-3 on Sunday and send the Phillies to their fourth loss in five games.
Sean Couturier had two goals and an assist and Noah Cates added a short-handed goal and two assists as the Flyers rout the Winnipeg Jets
The city of Chester is honoring Grammy Award-winning R&B artist Avery*Sunshine during an emotional homecoming ceremony.
Artists like Lady A, Nelly, The Avett Brothers and Third Eye Blind will headline a free concert series throughout Pennsylvania.
Philadelphia's Southeast Asian Market is back for 2026, opening April 4 and returning nearly every weekend through the end of October.
In Center City, Chris' Jazz Cafe draws crowds each Tuesday through Saturday for live performances. But behind the scenes, another kind of performance unfolds each night.
Philadelphia's renowned restaurant scene has scored seven finalists for the 2026 James Beard Foundation Awards in Chicago.
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.
One person is dead and another is in critical condition after a shooting inside the Excelcare rehabilitation facility in Egg Harbor Township, New Jersey.
If the sounds of wedding bells are in your future, Philadelphia's Old City neighborhood is giving couples a chance to gather some inspiration and ideas ahead of the big day. Leah Ben, director of marketing with the Old City District, joined CBS News Philadelphia with a preview.
Monday will see highs in the 80s with more clouds than sun, and some gusty winds up to 30 mph are possible this afternoon. It'll continue to feel like summer all week long as temperatures climb into the 90s –and the region could even break heat records!
The Enon Tabernacle Baptist Church choir, known for lifting spirits every Sunday, is taking its powerful sound to more than two dozen cities with a mission bigger than music. Garland Miche Waller, musical director at Enon, spoke with CBS News Philadelphia's Wakisha Bailey about answering his calling in Philadelphia and beyond.
His Majesty King Willem-Alexander and Her Majesty Queen Máxima of the Netherlands are visiting Philadelphia on Monday, April 13, the first stop in their multi-city visit to the United States.