Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring
Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
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Signs that the job market is slowing down are renewing investor concerns that the U.S. economy is losing steam.
The Fed left its benchmark interest rate unchanged amid persistent inflation. Bankers are predicting three rate cuts later this year.
A vintage banknote and an even older coin collectively sold for nearly $1 million at a multi-day bidding event in Dallas.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Latest hike brings the U.S central bank's benchmark interest rate to its highest level in 16 years.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
On Wednesday, we'll see if interest rates will keep climbing, or stay the same.
Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Hitting "Date X" without raising the debt ceiling could lead the U.S. to default on its debt for the first time in its history.
The central bank boosted interest rates for the seventh time this year, which means pricier debt and loans.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
Borrowing costs rose to their highest level in 14 years, and more interest-rate hikes are likely, Fed signaled.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
For the first time since 2018, the Federal Reserve is raising interest rates.
Real estate website RealtyHop has just compiled a list of least affordable US cities according to their data, and DFW ranks in as the 20th least affordable city in the country.
Joel Hayden Schrimsher, 19, pleaded guilty on Aug. 24 to conveying false or misleading information through the internet concerning the potential destruction of a federal building.
The Federal Reserve expects that as many as 15 million Americans will remain unemployed by year-end even as the economy continues recovering from the impact of the coronavirus.
The Federal Reserve of St. Louis estimates the nation's jobless rate could hit a staggering 32% within months.
In response to concerns over COVID-19, the Federal Reserve recently cut its benchmark interest rate to near zero.
A new report says the nation's four most-populated states carry the highest total amount of credit card debt, with Texas residents in the number two spot.
Fed officials ended their two-day meeting by hiking the federal funds rate -- what banks charge each other for short-term loans -- to a range of 1.25 to 1.5 percent.
Dozens of speakers took to the podium to try saving International Newcomer Academy,
The Supreme Court rule 6-3 in a decision that has implications for the scope of the landmark Voting Rights Act.
The Colleyville Fire Department said Saturday night, crews were called to a home in the 4700 block of Bill Simmons Drive.
White Settlement Police said officers used jumper cables to secure a mother who couldn't get out safely.
A grand jury on Tuesday issued the indictment against Comey, alleging that an Instagram post that said "86 47" in seashells was a threat to assassinate Mr. Trump.
The storm appeared to have blown through an industrial park, shredding buildings, ripping apart roofs and scattering debris across the area.
Dozens of speakers took to the podium to try saving International Newcomer Academy,
The Supreme Court rule 6-3 in a decision that has implications for the scope of the landmark Voting Rights Act.
The Colleyville Fire Department said Saturday night, crews were called to a home in the 4700 block of Bill Simmons Drive.
Tanner Horner is accused of killing 7-year-old Athena Strand after allegedly abducting and strangling her while delivering a package in 2022.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
State records show regulators ordered the removal of a plastic gas pipe installed in the early 1970s after it was linked to multiple explosions and deaths in North Texas.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
A North Texas baby placed under the safe haven law is at the center of a rare custody fight after the biological family came forward months later seeking to reclaim him.
The Supreme Court rule 6-3 in a decision that has implications for the scope of the landmark Voting Rights Act.
A grand jury on Tuesday issued the indictment against Comey, alleging that an Instagram post that said "86 47" in seashells was a threat to assassinate Mr. Trump.
Acting U.S. Ambassador to Ukraine Julie Davis is stepping down, but officials deny reports that it follows disagreements with President Trump
The Trump administration is subjecting broad categories of immigrants applying for green cards and citizenship to enhanced FBI checks, and is pausing some cases while those changes are implemented, according to documents obtained by CBS News.
Dr. David Morens worked as a senior adviser to NIAID's Office of the Director from 2006 through 2022.
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.
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.
After months waiting for a new heart, 9-year-old Penny found hope through music—and a second chance at life.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Weiser said "the last few years has required a heavy financial lift to continue operating."
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.
Matt Boldy scored the tiebreaking power-play goal in the final minute of the second period and the Minnesota Wild beat the Dallas Stars 4-2 for a 3-2 lead in the first-round Western Conference series.
Aaron Judge and Ben Rice had the first back-to-back homer for the Yankees this season, and Jazz Chisholm Jr. also went deep as AL-best New York beat the Texas Rangers 4-2.
Flagg was in a tight race with his college roommate and Charlotte Hornets guard Kon Knueppel for the award throughout the season.
Paige Bueckers is setting boundaries. The Dallas Wings star says her relationship with teammate Azzi Fudd is private—and won't affect their mission to turn the franchise around on the court.
Matt Boldy scored on a deflection with 28.9 seconds left in the first overtime and the Minnesota Wild beat the Dallas Stars 3-2 on Saturday in Game 4 to tie the first-round NHL playoff series.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
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.
