Stocks sink as oil prices sizzle and U.S. hiring fizzles
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Watch CBS News
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
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.
The First Alert Weather Team continues to monitor the fire danger area wide as it is once again elevated across North Texas with wind gusts today up to 25 mph.
The board's unanimous decision followed nearly two hours of closed-door deliberations and comes amid a lawsuit alleging administrators failed to act.
North Texas readers hit the road for a regional tour of indie bookstores and hidden gems.
Police said witness accounts and surveillance video showed the SUV traveling at a high speed before the impact.
Attorneys say the footage shows aggressive actions by officers before two women were arrested and later cleared.
The First Alert Weather Team continues to monitor the fire danger area wide as it is once again elevated across North Texas with wind gusts today up to 25 mph.
The board's unanimous decision followed nearly two hours of closed-door deliberations and comes amid a lawsuit alleging administrators failed to act.
North Texas readers hit the road for a regional tour of indie bookstores and hidden gems.
Police said witness accounts and surveillance video showed the SUV traveling at a high speed before the impact.
Attorneys say the footage shows aggressive actions by officers before two women were arrested and later cleared.
The reversal comes just weeks after an I-Team investigation showed contention over the disciplinary process.
A phone call from jail raised further suspicions that Carney targeted other girls.
More than 40 years after helping catch an ice cream truck driver who exposed himself to her, an Oklahoma woman testified against him in a Texas trial, helping secure a life sentence.
In 1991, a Plano girl was kidnapped and sexually assaulted. The same thing happened 8 years later in Dallas. Investigators found the same DNA on both victims.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
The Kennedy Center's board of trustees voted to add President Trump's name to the facade of the performing arts center, more than two months after a judge ordered its removal, according to a Democrat who sits on the center's board.
A Texas judge earlier this month issued a ruling that deregulated silencers, shotguns and certain rifles.
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
Senate Democrats are demanding answers about conditions aboard the USS Abraham Lincoln during the aircraft carrier's record-setting deployment.
Secretaries Marco Rubio and Scott Bessent were on the decoy flight last month when President Trump secretly switched to a different plane while Pete Hegseth was with Mr. Trump.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The project would include a new Dallas Stars arena, along with restaurants, shops and public spaces.
It's an annual Dallas tradition, but this year those pink Cadillacs are parking in Fort Worth.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
The future of AI technology manufacturing has landed in North Texas.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Paige Bueckers scored all 22 of her points in the second half, and the Dallas Wings beat Toronto 94-88, handing the expansion Tempo their 10th consecutive loss.
The broadcasts for the three tune-up games will cause regular CBS programming to move to KTXA 21.
CBS Sports says it has no timeline for a decision on Romo, who is on indefinite leave following his July arrest. Meanwhile, JJ Watt is stepping in.
The Maumelle High football player wore the helmet for nearly an hour and was fortunate he wasn't bitten, animal services director Chris Davis said.
Texas Rangers right-hander Nathan Eovaldi has been placed on the 15-day injured list because of elbow inflammation.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
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.