Stocks crumble after Fed dashes hopes for easing up on rates
S&P 500 suffered its biggest drop in two months after Fed chair Jerome Powell said rates will remain high "for some time."
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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.
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 Philadelphia Eagles have never beaten the Tennessee Titans on the road, but they'll look to change that today in Week 2 at Nissan Stadium.
Sunday in the Philadelphia region will be cloudy with periods of rain before fall arrives this week.
The Philadelphia Phillies are optioning Orion Kerkering to Triple-A Lehigh Valley Saturday night, according to multiple reports.
New York again prevented the Philadelphia Phillies from gaining ground in the NL wild card race with a 10-3 win Saturday.
Ed Sheeran opened his solo concert in Philadelphia on Saturday with comments about Gaza, saying what is happening there is "catastrophic and unjustifiable."
Ed Sheeran opened his solo concert in Philadelphia on Saturday with comments about Gaza, saying what's happening is "catastrophic and unjustifiable."
Health officials are warning of a possible measles exposure at Philadelphia International Airport, and it's not related to the case at CHOP.
Raymond "R.C." Horsch, who lived at the so-called "house of horrors" in Olney until he died, was as intelligent as he was a monster and preyed on vulnerable women.
The Philadelphia Eagles have never beaten the Tennessee Titans on the road, but they'll look to change that today in Week 2 at Nissan Stadium.
Sunday in the Philadelphia region will be cloudy with periods of rain before fall arrives this week.
Ed Sheeran opened his solo concert in Philadelphia on Saturday with comments about Gaza, saying what is happening there is "catastrophic and unjustifiable."
Health officials are warning of a possible measles exposure at Philadelphia International Airport, and it's not related to the case at CHOP.
Surveillance video captured the moment a man had his laptop snatched off his table at gunpoint Friday at Parc in Philadelphia.
Police believe a social media beef might have led to a shooting that injured a 16-year-old in East Germantown Friday night.
Archaeology students from Penn are joining community members to uncover the history of a historic Black neighborhood in West Philly that was demolished decades ago in the name of urban renewal.
Olympian Dominique Dawes said she wants to create a healthier culture within gymnastics.
The suspect has been identified in a deadly shooting that happened outside a Wawa location in Toms River on Friday.
Gregory Taylor says his son, Xavier, is still on a ventilator, but they're hopeful and steadfast in their faith.
North Wildwood police say a man drowned in the ocean near Second Avenue on Wednesday.
The shooting happened around 7:20 a.m. Friday at the convenience store at the corner of Route 37 and Garfield Avenue, prosecutors said.
Friday will start on the humid side, but as temps climb into the low-mid 80s, the decreasing humidity will make for a nice day.
Today looks warm and noticeably more humid in the Philadelphia region, with highs reaching the mid-80s but feeling like the upper 80s.
Another beautiful September day is underway Wednesday in the Philadelphia region.
Tuesday will bring plenty of sunshine, low humidity and light winds in the Philadelphia region, all ingredients to spend time outside.
Concerns are growing in Wilmington, Delaware, after separate shootings over the weekend left two people dead, including a teen.
Health officials are warning of a possible measles exposure at Philadelphia International Airport, and it's not related to the case at CHOP.
Health officials in Philadelphia are warning about possible measles exposures in the CHOP NICU.
An 18-year-old from Mifflin County has died from measles-related complications, Pennsylvania health officials said.
The Philadelphia Eagles' cheerleading squad has nine new members, including a Jefferson Health cardiac ICU nurse and three other healthcare professionals.
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
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
Two people were taken to the hospital after a large tree fell onto three cars on Belmont Avenue in Bala Cynwyd on Friday.
A crash involving at least two cars is slowing traffic on I-95 South near Allegheny Avenue.
Drivers will start getting tickets for parking in Smart Loading Zones without registering.
A man on a motorcycle was launched from a highway overpass near 2nd and Callowhill streets on Monday night, police say.
SEPTA has resumed service on three Regional Rail lines after downed Amtrak wires caused a suspension on Monday.
The Philadelphia Eagles have never beaten the Tennessee Titans on the road, but they'll look to change that today in Week 2 at Nissan Stadium.
The Philadelphia Phillies are optioning Orion Kerkering to Triple-A Lehigh Valley Saturday night, according to multiple reports.
New York again prevented the Philadelphia Phillies from gaining ground in the NL wild card race with a 10-3 win Saturday.
Olympian Dominique Dawes said she wants to create a healthier culture within gymnastics.
Rocco Becht threw for 212 yards with two touchdowns, Koby Howard scored twice and No. 14 Penn State cruised past Buffalo 55-13.
Crews are setting up for Ed Sheeran's concert at Lincoln Financial Field this weekend amid a controversy over Macklemore's recent comments.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
The Philadelphia Eagles' cheerleading squad has nine new members, including a Jefferson Health cardiac ICU nurse and three other healthcare professionals.
The Landmark Ritz Five movie theater in Philadelphia's Old City neighborhood has reopened after a brief closure.
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.
Andrew Kozak has the latest NEXT Weather forecast for the Philadelphia region as spotty rain showers could hit the Delaware Valley.
In his first concert since Macklemore was dropped from the tour, Ed Sheeran addressed the controversy at Lincoln Financial Field in South Philadelphia.
MS NOW, CNN and Politico staffers were turned away from the White House on Saturday morning, the networks said, one day after President Trump said he was banning the three outlets from the property.
The Eagles are heading into Week 2 vs. the Titans without their Pro Bowl left guard. So how will the team replace Landon Dickerson?
The suspect has been identified in a deadly shooting that happened outside a Wawa location in Toms River, New Jersey, on Friday morning.