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
Philadelphia Flyers coach Rick Tocchet says his team must adjust quickly after losing the opener of its second-round playoff series against the Carolina Hurricanes.
There was no immediate reason given for the 81-year-old's hospitalization.
Joel Embiid, who underwent an appendectomy about a month ago, is listed on the injury report with a right hip contusion for Game 1 vs. the New York Knicks.
Bryson Stott hit a three-run homer to cap a six-run first inning, Jesús Luzardo pitched into the seventh, and the Phillies beat the Miami Marlins 7-2.
A homeowner shot and killed a woman who was attempting to break into their North Philadelphia home Sunday afternoon, police said.
The Sixers are limiting who can buy tickets to Eastern Conference semifinal games at Xfinity Mobile Arena to "residents of Greater Philadelphia area."
Philadelphia Flyers coach Rick Tocchet says his team must adjust quickly after losing the opener of its second-round playoff series against the Carolina Hurricanes.
There was no immediate reason given for the 81-year-old's hospitalization.
Joel Embiid, who underwent an appendectomy about a month ago, is listed on the injury report with a right hip contusion for Game 1 vs. the New York Knicks.
Bryson Stott hit a three-run homer to cap a six-run first inning, Jesús Luzardo pitched into the seventh, and the Phillies beat the Miami Marlins 7-2.
A homeowner shot and killed a woman who was attempting to break into their North Philadelphia home Sunday afternoon, police said.
The Philadelphia 76ers are limiting who can buy tickets to Eastern Conference semifinal games at Xfinity Mobile Arena to "residents of Greater Philadelphia area."
Bruce Springsteen and the E Street Band's "Land of Hope and Dreams" show at Xfinity Mobile Arena in Philadelphia has been rescheduled from May 8 to May 30.
It was a cloudy and chilly Sunday morning, but that didn't stop some 40,000 runners from making the 10-mile trip through Philadelphia for the 47th annual Broad Street Run.
The Sixers live to play another day after a Game 7 victory over Boston Saturday night, setting up an Eastern Conference semifinals against the New York Knicks.
An investigation is underway after a United Airlines plane struck a light pole and truck on the New Jersey Turnpike as it was coming in for a landing at Newark Liberty Airport on Sunday afternoon, officials said.
After the sudden shutdown of Spirit Airlines, a major carrier at Atlantic City International Airport, many are left concered about the region's tourism economy.
Spirit Airlines has been facing financial turbulence, and now it may be grounding its planes for good, causing chaos for many travelers in the Philadelphia area.
Memorial Day weekend is only three weeks away, but some New Jersey beaches are still in rough shape because of extreme erosion.
The Lewis Katz School of Medicine and AtlantiCare are set to open a new regional campus in Atlantic City, N.J., in August 2029.
Crews were called out to the 2000 block of North Harrison Street for a reported blaze at a three-story building.
Jimmie Hayes was arrested in connection with at least nine burglaries at businesses in Wilmington, Delaware, police said.
Police in Wilmington, Delaware, are investigating a burglary spree at businesses over a three-week span.
ILC Dover has made spacesuits worn on six moon landings and more than 250 space flights since the first man walked on the moon in 1969.
The FBI believes foul play might be involved in the disappearance of Isiah Jenifer, who was last seen in Delaware County.
The rare genetic disorder neurofibromatosis, or NF, affects about 1 in every 3,000 people and causes tumors to grow along nerves throughout the body.
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Holly Heenan will represent Team Determination at the Broad Street Run in Philadelphia.
Nuclear medicine is a new frontier in cancer care, and for one Bucks County, Pennsylvania, mom, it's been a lifesaver.
A new project in North Philadelphia is transforming an old skating rink into a new comprehensive health center set to open in 2027.
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
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 former Greyhound Bus Terminal, now called the Philadelphia Parking Authority Transportation Center, has reopened after undergoing a major renovation project.
SEPTA is installing bulletproof glass on some of its buses to improve driver safety in the Philadelphia area.
A ramp onto I-95 South in Philadelphia has reopened after a single-car crash.
A vehicle fire briefly shut down the southbound lanes of Interstate 95 in Northeast Philadelphia Thursday.
Two I-95 ramps close to the South Philadelphia Sports Complex are under construction and could cause some traffic headaches for Flyers and Sixers fans.
Philadelphia Flyers coach Rick Tocchet says his team must adjust quickly after losing the opener of its second-round playoff series against the Carolina Hurricanes.
Joel Embiid, who underwent an appendectomy about a month ago, is listed on the injury report with a right hip contusion for Game 1 vs. the New York Knicks.
Bryson Stott hit a three-run homer to cap a six-run first inning, Jesús Luzardo pitched into the seventh, and the Phillies beat the Miami Marlins 7-2.
The Philadelphia 76ers are limiting who can buy tickets to Eastern Conference semifinal games at Xfinity Mobile Arena to "residents of Greater Philadelphia area."
The Sixers live to play another day after a Game 7 victory over Boston Saturday night, setting up an Eastern Conference semifinals against the New York Knicks.
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.
Monster Jam is getting ready to take over Philadelphia's Lincoln Financial Field this weekend.
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.
Tammie Souza has the latest NEXT Weather forecast for the Philadelphia region on a clear Sunday night with warmer temps on the way.
The 10-mile race began in North Philadelphia and ended at the Navy Yard, where family and friends cheered on runners as soon as they crossed the finish line.
The Boss is coming to Philadelphia, but now a few weeks later than originally planned.
After Joel Embiid asked Sixers fans not to sell their tickets, the team is restricting who can buy tickets for Games 3 and 4 in round two of the playoffs.
It will be a chilly start to the day with bright sunshine and a brisk breeze Sunday. Heading into the week, temperatures will warm into the 70s and 80s before more rounds of much needed rain.