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.
Watch CBS News
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.
Investors have a lot to be thankful for this holiday-shortened week -- including the Dow passing the 30,000 milestone for the first time as stocks posted solid gains Tuesday to extend Monday's rally.
Is now the time to invest? KDKA's Royce Jones shares advice from experts.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
A "triple whammy" of events contributed to the plunge in the stock market.
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.
In today's business notes, the every-other-day pattern in the stock markets continued today.
Business Notes for March 18, 2020.
The stock market has lost $4 trillion since its high point, taking a huge chunk out of most 401Ks.
If you are old enough, then you know the stock market can go up or take a nosedive.
Despite a tumultuous few days on Wall Street, some say it could present an opportunity for some to make money.
Jay Sukits of the University of Pittsburgh's Katz Graduate School of Business explained why the market goes up and down so often.
Uber laid off nearly 400 people in an effort to cut costs.
Shares of Apple are tumbling in early trading after the tech giant issued a rare cut to its revenue forecast due to weakness in China.
The stock market has been a bit like the Phantom's Revenge roller coaster at Kennywood this year.
Stocks plunged, sending the Dow Jones industrials down more than 700 points, as investors feared that trade tensions will spike between the U.S. and China.
The stunning rout in U.S. stocks has spread to global markets.
How concerned should you be about your retirement money with all the recent ups and downs going on in the stock market?
The Dow Jones industrial average plunged 1,175 points, or 4.6 percent, erasing its gains for the year.
Stocks are closing higher on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points.
Seven trading days. That's how long it took the Dow to rocket from 25,000 to 26,000.
There's a downside to those low gasoline prices at the pump.
U.S. stocks are sharply lower, led by steep declines in energy companies as the price oil takes another tumble.
Carmen Mlodzinski had a career-high 10 strikeouts, Pittsburgh tied the MLB record for consecutive walks in an inning, and the Pirates beat the Cincinnati Reds 17-7.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Students at South Fayette High School raised a new fundraising record for pediatric cancer research during their annual Mini-THON.
A converted church in rural central Pennsylvania has become a place where musicians with Amish roots are coming to record music and make videos.
The man allegedly fired a gun into a car, hitting a woman multiple times at Moraine State Park.
Carmen Mlodzinski had a career-high 10 strikeouts, Pittsburgh tied the MLB record for consecutive walks in an inning, and the Pirates beat the Cincinnati Reds 17-7.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Students at South Fayette High School raised a new fundraising record for pediatric cancer research during their annual Mini-THON.
A converted church in rural central Pennsylvania has become a place where musicians with Amish roots are coming to record music and make videos.
The man allegedly fired a gun into a car, hitting a woman multiple times at Moraine State Park.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
The Pennsylvania House passed two bills about digital identification earlier this week.
As nurses from UPMC Magee Womens Hospital continue to negotiate their first union contract, two of them visited D.C. to fight for their patients.
King Charles attended a state dinner at the White House, after speaking about what he called the "truly unique" relationship between the U.K. and the U.S. in an address to Congress.
Ohio's Republican primary for governor is a few weeks away, but there are few signs that the top candidate sees it as a competitive race.
Wegmans now owns the land in Cranberry Township that will house its first Pittsburgh-area location.
As the war in Iran continues, the impact is hitting Americans' wallets, especially at the gas pump.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
The rising price of tomatoes is impacting some restaurants around Pittsburgh.
Music lovers tired of paying hundreds of dollars to see big-name acts may be getting some relief.
What if your planter had just as much personality as what’s growing inside it? One creative Pittsburgher thought the same thing and started giving his flower pots actual faces!
Last week, football fans from around the nation descended on the North Side, and this week, the eyes of the art world are on Oakland for the 2026 Carnegie International. Though it doesn’t technically open until Saturday, Boaz was granted an early look at the event.
The Pittsburgh Marathon is this weekend, and while most runners will lace up in standard athletic gear, a few will be dressing for the produce aisle. If you see a pack of potatoes sprinting past you, don’t be alarmed.
Round up a bunch of reality TV legends, put them on a basketball court, and see what happens. That’s exactly what an upcoming celebrity basketball tournament in Pittsburgh is all about.
PTL hosts Mikey Hood and David Highfield discuss Pittsburgh culture, trending news and social media, food, sports, and more.
Pennsylvania prisons now give suboxone to thousands of inmates, with thousands more on the waiting list.
After suffering roof damage from this year's brutal winter, a Pittsburgh family says their insurance company has left them with even bigger problems.
The Downtown Neighbors Alliance's board voted Thursday to dissolve the organization.
The federal government will begin the long-awaited cleanup of a nuclear waste dump outside Apollo in Armstrong County.
Short-term rental owners in Washington County could soon face new scrutiny.
Allegheny Health Network's Psychiatry and Behavioral Health Institute moved to a new space on Friday.
Across the country, there's a rise in cases of a seasonal illness that's causing medical professionals to speak out.
As nurses from UPMC Magee Womens Hospital continue to negotiate their first union contract, two of them visited D.C. to fight for their patients.
A growing number of parents across the U.S. are declining routine preventive care for their newborns. Doctors say the trend is raising concerns.
Shaler Township has installed new AEDs in 10 of its parks.
Carmen Mlodzinski had a career-high 10 strikeouts, Pittsburgh tied the MLB record for consecutive walks in an inning, and the Pirates beat the Cincinnati Reds 17-7.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
The Pittsburgh Penguins head into an offseason with plenty of questions, starting with the future of forward Evgeni Malkin.
Henry Davis hit his first two home runs of the season, Mitch Keller pitched seven innings of three-hit ball, and the Pittsburgh Pirates defeated the Cincinnati Reds 9-1 to end a five-game losing streak.
The Atlanta-based railroad said Friday that it earned $547 million, or $2.43 per share, down from $750 million, or $3.31 per share, a year ago.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
North Side business owners were left frustrated after unauthorized NFL draft no-parking signs appeared on Western Avenue.
Music lovers tired of paying hundreds of dollars to see big-name acts may be getting some relief.
The Pittsburgh Post-Gazette will stay open after it was sold to a nonprofit.
A converted church in rural central Pennsylvania has become a place where musicians with Amish roots are coming to record music and make videos.
The newly announced tour will be at PPG Paints Arena for two nights in September.
Musgraves will perform at PPG Paints Arena on Tuesday, September 8.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Gaffigan announced a continuation of his "Everything Is Wonderful!" Tour and he'll stop in Pittsburgh in November.
Stay on top of the weather in the Pittsburgh area with First Alert Meteorologist Trey Fulbright's forecast.
Watch as teams from Fox Chapel, Montour, and Winchester Thurston high schools compete on this edition of KD Quiz!
Watch as teams from Fox Chapel, Montour, and Winchester Thurston high schools compete on this edition of KD Quiz!
Watch as teams from Fox Chapel, Montour, and Winchester Thurston high schools compete on this edition of KD Quiz!
Watch as teams from Fox Chapel, Montour, and Winchester Thurston high schools compete on this edition of KD Quiz!
Mike Tomlin stepped down as head coach of the Pittsburgh Steelers after 19 seasons with the team.
Pitt's regular season has ended with an 8-4 record.
Pitt's five-game winning streak came to an end with a 37-15 loss to Notre Dame.
Mason Heintschel set a new Pitt freshman single-game passing record in the Pitt win at Acrisure Stadium.
The 44th annual KDKA-TV Turkey Fund will help our neighbors in need have a nice meal for Thanksgiving.