Financial Experts: No Rash Decisions With 401k During Coronavirus Uncertainty
"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
Watch CBS News
"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
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.
Empty store shelves, medical supply shortages and a declining stock market are all signs of what could be a coronavirus panic spreading to North Texas.
Although Apple's iPhone has long wowed consumers and investors alike, the device that has served as a benchmark for mobile devices may be losing its luster.
Shares of Tesla Inc. tumbled Wednesday after the company cut vehicle prices and announced 4th quarter sales figures that fell short of Wall Street estimates.
The market sell-off started in October amid heightened fears about the trade war with China and the Federal Reserve moving to gradually raise interest rates to keep the economy from overheating.
The 110-year-old Plano-based company hasn't been profitable since 2010.
The stock market didn't offer any presents to investors Christmas Eve.
Tesla is dropping two of the seven standard colors it had offered to customers as it tries to streamline production.
Best Buy Co. reported its largest second-quarter sales boost in 15 years on Tuesday, helping to push revenue and profit beyond Wall Street expectations.
Shares of Tesla slipped on the first day of trading after the electric vehicle maker said it won't consider going private after all.
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.
Twitter plunged before the opening bell Friday on weak user numbers, a day after a historic route at Facebook.
Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history.
Benchmark U.S. crude rose $1.01 to settle at $70.73 a barrel on the futures market in New York. The international standard, Brent crude, was up $1.30 to $76.17 in London.
An ad on Snapchat asking users if they'd rather "Slap Rihanna" or "Punch Chris Brown" has spawned widespread outrage online and brought profuse apologies from the company.
President Donald Trump has broken his silence on the stock market.
The 1,175-point drop in the Dow Jones industrial average Monday — about 4.6 percent of its value — capped two days of losses that have erased the stock market's gains for the year.
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 ended their worst week in two years Friday, and the Dow's drop was its biggest in percentage terms since June 2016.
Advances in technology have already reshaped stock trading, and now investors with TD Ameritrade can trade stocks around the clock during the week.
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.
A cold front is set to arrive in North Texas on Friday, with highs back in the 40s on Saturday.
Families pressed state officials for answers Wednesday as the Texas Education Agency confirmed it will replace the superintendent, appoint a board of managers, and begin oversight aimed at improving failing campuses.
Whole milk is heading back to school lunch cafeterias.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Five congressional Democrats say they have received inquiries from the DOJ after they appeared in a video urging members of the military not to follow "illegal orders" — a move the lawmakers allege is political intimidation.
A cold front is set to arrive in North Texas on Friday, with highs back in the 40s on Saturday.
Families pressed state officials for answers Wednesday as the Texas Education Agency confirmed it will replace the superintendent, appoint a board of managers, and begin oversight aimed at improving failing campuses.
Whole milk is heading back to school lunch cafeterias.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Five congressional Democrats say they have received inquiries from the DOJ after they appeared in a video urging members of the military not to follow "illegal orders" — a move the lawmakers allege is political intimidation.
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.
Outdoor sirens are meant to warn Texans of tornadoes and floods. This summer's deadly flooding in Kerr County exposed how vulnerable many communities are, with sirens broken, outdated or missing.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Five congressional Democrats say they have received inquiries from the DOJ after they appeared in a video urging members of the military not to follow "illegal orders" — a move the lawmakers allege is political intimidation.
Jonathan Ross, who shot Renee Good in Minneapolis last week, suffered internal bleeding after the incident, two officials said, though it's not clear how extensive the bleeding was.
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
The official proclamation says the road will ensure "that his legacy continues to inspire future generations."
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 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.
'Tis the season: for sniffles, but before you blame the holiday gathering at grandma's for your coughing, sneezy misery, look around.
In Plano, Dragonfly Scans is a healthcare company that wants to show you what's happening inside your body.
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.
After years in the making, Texas Instruments' semiconductor factory in Sherman has officially begun production.
Two past Dallas Open champions, Americans Tommy Paul and Riley Opelka, are also set to compete.
Amber Glenn can now add Olympian to her resume after putting together a phenomenal free skate, which won her a third consecutive U.S. Figure Skating title.
Pittsburgh Steelers head coach Mike Tomlin has informed the team that he is stepping down from his position.
Cooper Flagg scored 27 points and matched a season high with three blocks, and Naji Marshall had three straight baskets down the stretch and finished with 22 points as the depleted Dallas Mavericks beat the Brooklyn Nets 113-105.
The Bulls put seven players in double figures, outscored the Mavericks 38-8 in fast-break points and never trailed.
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.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
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.