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.
Watch CBS News
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.
A longtime Martin Luther King Jr. Day tradition returned to Arlington Monday night.
Wednesday is expected to be one of the most significant moments in the history of the Dallas County Commissioners Court.
The Mavericks rolled to a 114-97 victory Monday over the Knicks, who were booed frequently in the first half while falling behind by 30.
Police are issuing a warning after a man allegedly stole from customers' credit cards at a McDonald's northwest of Fort Worth.
Pastor Albert Oliveira said that prayers were definitely answered for him and for thousands of foreign-born religious workers who are caught up in a visa backlog.
A longtime Martin Luther King Jr. Day tradition returned to Arlington Monday night.
Temperatures will rise into the lower 50s, with feels-like highs staying in the 40s. Winds may gust up to 30 mph at times.
Wednesday is expected to be one of the most significant moments in the history of the Dallas County Commissioners Court.
The Mavericks rolled to a 114-97 victory Monday over the Knicks, who were booed frequently in the first half while falling behind by 30.
Police are issuing a warning after a man allegedly stole from customers' credit cards at a McDonald's northwest of Fort Worth.
A Fort Worth firefighter severely burned in the line of duty is speaking out after his family, the public and politicians said the workers' compensation system failed him, denying him of much needed care.
From laptops to vapes, lithium‑ion devices are driving emergency landings and evacuations as airlines push for stronger rules and better containment tools.
Texas veterans could be at risk of losing the help they need to stay home.
A North Texas couple tracked their stolen airport luggage across Dallas using an AirTag — only to learn police couldn't act on the data alone.
Nearly every day, hundreds of thousands of Texas students board a school bus.
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
The Justice Dept. says it's investigating a group of protesters in Minnesota who disrupted services at a church where a local ICE official apparently serves as a pastor.
A Trump administration initiative is upending 60 years of efforts by the federal government to prevent discrimination against minority groups in the U.S.
A U.S. defense official confirmed some 1,500 active-duty soldiers, currently stationed in Alaska, are on standby for possible deployment to Minneapolis amid the city's protests.
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.
The state of Texas is investing $50 million in research on psychedelic therapies.
Walk with a Doc invites community members to join low-pressure group walks led by physicians.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
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.
Salad and Go, a drive-thru salad chain, said on Wednesday that it will close all remaining Texas and Oklahoma stores.
Venezuela is said to have the largest amount of these reserves in the world.
Trump said the "whole infrastructure" of Venezuela has to be rebuilt and that American companies would be used to rebuild it.
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.
The Mavericks rolled to a 114-97 victory Monday over the Knicks, who were booed frequently in the first half while falling behind by 30.
SMU star center back Slade Starnes has officially achieved what every DFW youth soccer player dreams of: signing a homegrown professional contract with FC Dallas.
Brandon Hagel's tiebreaking goal midway through the second period proved to be the winner, and Andrei Vasilevskiy finished with 19 saves on 20 shots as the Tampa Bay Lightning beat the Dallas Stars 4-1.
Thompson had a pair of 3-pointers and then hit a turnaround jumper in the lane with just under five minutes left in the first quarter to reach the 17,000-point plateau.
The Olympic Winter Games in Milan are scheduled to open on February 6, 2026.
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
A new class at Texas Christian University is drawing students in with a hit TV series and a clear path toward a real-world career.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
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.