Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
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Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
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?
Stock trading was halted on Monday after the Federal Reserve's emergency action plan did little to squeal Wall Street's fears of a recession because of the coronavirus pandemic.
The Dow Jones fell so sharply -- plummeting 1,800 points at the open -- that circuit breakers tripped and trading on the New York Stock Exchange had to be halted.
Stocks closed higher on Wall Street following strong results from Walmart and signs of progress in defusing the trade dispute between China and the U.S.
President Donald Trump has broken his silence on the stock market.
The Dow Jones Industrial Average had its biggest single day point decline in its history-- at one point down 1,500 points.
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.
The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000.
Stock indexes closed higher on the first trading day of 2018, led by gains in big technology companies.
Investors welcomed signs that the odds were improving for the Republican-led effort to forge a sweeping tax overhaul bill.
U.S. stocks extended a rally into a sixth day, bringing new all-time highs for major indexes.
Stocks are giving up much of an early gain that briefly put the Dow Jones industrial average above 19,000 for the first time.
U.S. stocks plunge in early trading after Britain votes to leave the European Uniopn; bonds, gold prices rise.
Another plunge in the price of crude oil sent stocks sharply lower on Wednesday.
Kristi Noem's testimony comes after calls for congressional oversight of the Trump administration's immigration operations following the fatal shootings of Renee Good and Alex Pretti by federal agents.
The first American service members to die in the U.S.-Israeli war with Iran were killed in an apparent Iranian drone attack on a makeshift office space in Kuwait, sources told CBS News.
It started with a complaint from a male officer.
A driver is dead following an alleged hit-and-run crash and brief police pursuit late Monday afternoon in Fort Worth.
It's the day before the Texas primary, and the big prize on Tuesday night is for the Texas Senate seat race coming in November.
Kristi Noem's testimony comes after calls for congressional oversight of the Trump administration's immigration operations following the fatal shootings of Renee Good and Alex Pretti by federal agents.
The first American service members to die in the U.S.-Israeli war with Iran were killed in an apparent Iranian drone attack on a makeshift office space in Kuwait, sources told CBS News.
Racing fans—get ready. The Java House Grand Prix of Arlington is set to roar into town this spring, bringing a brand‑new kind of excitement to North Texas.
It started with a complaint from a male officer.
A driver is dead following an alleged hit-and-run crash and brief police pursuit late Monday afternoon in Fort Worth.
It started with a complaint from a male officer.
Austin medical supply business accused of Medicare fraud, funneling millions overseas, federal complaint says.
As Texas, in recent years, has experienced an increase in its infant mortality rate, it has seen a growing interest in bereavement care for families.
Internal turmoil, missing records, and clashing narratives raise new questions about the nonprofit's management and oversight.
The CEO a Dallas nonprofit resigned after a CBS News Texas I-Team investigation that revealed the organization had failed to follow through on its core promises.
Kristi Noem's testimony comes after calls for congressional oversight of the Trump administration's immigration operations following the fatal shootings of Renee Good and Alex Pretti by federal agents.
The first American service members to die in the U.S.-Israeli war with Iran were killed in an apparent Iranian drone attack on a makeshift office space in Kuwait, sources told CBS News.
Four different district court judges found President Trump's executive orders targeting the law firms were unconstitutional.
Jack Fink had a short Q&A with Ken Paxton while he was campaigning in Fort Worth the weekend before Election Day. Paxton says he's "got a shot" at winning the Republican race for U.S. Senate outright. He also discussed his newest campaign ad, created by his daughter.
The DNC is announcing Monday that the 2028 national convention will be held from Aug. 7 to Aug. 10, CBS News has learned.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
Last year, over 16 million vehicles drove on North Texas toll roads without paying, accumulating more than $69 million in unpaid tolls.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Eagle Mountain-Saginaw ISD said that the decision was made after consultation with Tarrant County Public Health.
The McKinney Fire Chief already has AED's placed in all police and fire vehicles.
Linda Potthoff of University Park says she had been short of breath for weeks before her condition suddenly worsened.
Nothing surgical could prepare her family for June 18, 2004, when her father was shot and killed on duty for the Grand Prairie Police Department.
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
During the World Cup, soccer fans will be able to get a taste of what North Texas' new professional soccer team, Atletico Dallas, has to offer.
The Frogs had never won a Big 12 title or been to the NCAA Sweet 16 until last year.
Shai Gilgeous-Alexander scored 30 points, Chet Holmgren had 19 points and nine rebounds and the Oklahoma City Thunder beat the Dallas Mavericks 100-87 on Sunday night.
The Dallas Mavericks have signed point guard Ryan Nembhard to a standard NBA contract after he thrived as an undrafted rookie free agent on a two-way deal.
The wide receiver will be guaranteed a $27.3 million salary for the 2026 season.
"Chasing Victory: An INDYCAR Exhibition" showcases the speed, innovation and legacy of open-wheel racing.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Shia LaBeouf, who was charged with battery after police say he punched several people outside a New Orleans bar earlier this month, was arrested again on Saturday.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.