S&P 500 notches first record high in two years in tech-driven run
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Wall Street ended the week with stocks at all-time highs, bolstered by investor expectations of Federal Reserve interest rates cuts.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
With inflation appearing to slow down nationwide, it means more money will be in your pockets -- even if the Tri-State Area's local report is showing a different outcome. CBS2's John Dias has the details.
New data shows things are calming down just a bit. CBS2's John Dias explains why.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
The 8.3 percent hike in the consumer price index is especially bad news for retirees living on fixed incomes.
Americans are now digging deeper into their wallets for everything from groceries to goods and services with no relief in sight. CBS2's Elijah Westbrook has more.
As CBS2's John Dias reports, there are a number of factors contributing to this key week for the state of the economy.
Some big developments in the business world could affect your finances at home. CBS2's John Dias has the details.
Many Americans are worrying about their retirement funds as stocks dropped drastically yesterday. CBS2's Elijah Westbrook has more on what this means.
Futures are higher this morning, but it follows more big losses Monday. CBS2's Elijah Westbrook has more on what it means for the average investor.
The DOW got off to a rough start Monday morning and didn't recover, CBS2's Tony Aiello reports.
Stocks claw back losses after flirting with the first bear market since early 2020.
U.S. stocks plunged on Monday as investors fretted over mounting inflation and geopolitical tensions.
U.S. stocks slumped on Monday as investors assessed a bevy of risks, including a possible shift in Federal Reserve guidance this week that could hurt corporate profits.
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?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
The Dow jumped 5.3% in early trading, reaching a record high of 29,836. The S&P 500 rose more than 3%, while the Nasdaq added less than 1%.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
There are new signs the road to reopening will be a bumpy ride for the economy.
The exchanges has been limited to all-electronic trading since March 23.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
Columbia University has given students 48 hours to dismantle their pro-Palestinian encampment on the school's main lawn.
There are no cameras allowed in the court where Trump is being tried on 34 felony counts stemming from a "hush money" payment before the 2016 election.
Logan Webb pitched eight strong innings and extended his scoreless streak to 19 as the San Francisco Giants beat the New York Mets 5-1 on Tuesday night.
Anthony Rizzo snapped a lengthy power drought with a two-run homer that capped a four-run first inning, and the New York Yankees held on for a 4-3 win over the Oakland Athletics.
Vincent Trocheck and Mika Zibanejad each had a goal and an assist and the Presidents' Trophy-winning New York Rangers held on to beat the Washington Capitals 4-3 for a 2-0 lead in their first-round playoff series.
Columbia University has given students 48 hours to dismantle their pro-Palestinian encampment on the school's main lawn.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
The 12th Annual Black Comic Book Festival returns to the Schomburg Center later this week.
Many romance scam support groups are full of people making other questionable promises of recovering funds, the CBS New York Investigative Team found.
We're about to get into the heart of severe weather season in the Tri-State Area, so what can you do to prepare your home and property?
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
We're about to get into the heart of severe weather season in the Tri-State Area, so what can you do to prepare your home and property?
Today will be sunny, breezy and mild with highs in the mid-60s. Then, we're tracking some rain showers late tonight.
Yale University says it is investigating after a Jewish student reported a protester jabbed her in the eye with a Palestinian flag.
A chilly morning will give way to sunshine and mild temperatures by the afternoon. Expect highs in the low 60s.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
We're about to get into the heart of severe weather season in the Tri-State Area, so what can you do to prepare your home and property?
Today will be sunny, breezy and mild with highs in the mid-60s. Then, we're tracking some rain showers late tonight.
The MTA's own assessment says there will be an uptick in pollutants in Bergen County, Bronx and Staten Island due to congestion pricing.
First responders raced through smoke to save dozens of dogs trapped inside a pet hotel near a fire in Fairfield, New Jersey.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
Many romance scam support groups are full of people making other questionable promises of recovering funds, the CBS New York Investigative Team found.
Suffolk County law enforcement officers are now equipped with a tool to help people on the autism spectrum during stressful encounters.
Former New York Rep. George Santos is no longer running for Congress, he announced Tuesday on X.
Long Island is on the front line in the battle against climate change, and some residents there are doing what they can to fight it - including taking inspiration from nature itself.
Columbia University has given students 48 hours to dismantle their pro-Palestinian encampment on the school's main lawn.
There are no cameras allowed in the court where Trump is being tried on 34 felony counts stemming from a "hush money" payment before the 2016 election.
Jurors in former President Donald Trump's trial in New York heard testimony from a former media executive about his efforts to bury negative stories about Trump before the 2016 presidential election.
Columbia University appears to have extended the deadline for pro-Palestinian protesters to disperse from the school's main lawn.
Former New York Rep. George Santos is no longer running for Congress, he announced Tuesday on X.
Suffolk County law enforcement officers are now equipped with a tool to help people on the autism spectrum during stressful encounters.
High blood pressure, or hypertension, may increase the risk of dementia, according to a new study. Hear from a doctor for advice on lowering your risk factors.
A New York City company promoted "$0 cost" COVID tests, then got over 100 complaints after people were told they may owe hundreds.
On the eve of 4/20, Gov. Kathy Hochul unveiled a plan for law enforcement to lock up thousands of illegal marijuana shops.
Montefiore in the Bronx screened 200,000 people for social detriments of health, and found at least 20% have at least one social need.
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.
The classic musical, which first opened in 1966, is back on Broadway in an immersive new production titled "Cabaret at the Kit Kat Club," starring Eddie Redmayne, Gayle Rankin and Bebe Neuwirth. Leave your troubles outside!
Taylor Swift's new album, "The Tortured Poets Department," was released Friday, and Swifties in New York City came together to celebrate.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
The singers first dated in 2003 and delighted fans when they rekindled their relationship in 2023.
Logan Webb pitched eight strong innings and extended his scoreless streak to 19 as the San Francisco Giants beat the New York Mets 5-1 on Tuesday night.
Anthony Rizzo snapped a lengthy power drought with a two-run homer that capped a four-run first inning, and the New York Yankees held on for a 4-3 win over the Oakland Athletics.
Vincent Trocheck and Mika Zibanejad each had a goal and an assist and the Presidents' Trophy-winning New York Rangers held on to beat the Washington Capitals 4-3 for a 2-0 lead in their first-round playoff series.
The New York Knicks stunned fans with a come-from-behind win over the Philadelphia 76ers at Madison Square Garden.
A Philadelphia 76ers spokesperson said the team plans to file a grievance over the officiating in the team's 104-101 loss to the New York Knicks on Monday night at Madison Square Garden.
The 12th Annual Black Comic Book Festival returns to the Schomburg Center later this week.
There are plans to turn an Inwood parking lot into new affordable apartments for the community.
From affordable housing to commercial properties, New York City developers are addressing the climate crisis in a variety of ways.
A New York City organization is taking action to clean up drug needles and syringes littering a South Bronx park.
Brooklyn Charter School in Bed-Stuy is trying to help parents with the cost of child care by expanding the school day to 12 hours.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
CBS New York's First Alert Weather team has the latest forecast.
Police say two cars got into a crash before one pulled a knife on the other. CBS New York's Christina Fan reports.
University President Minouche Shafik issued a midnight deadline for demonstrators to reach a deal, but the university announced early Wednesday it was extending the deadline for 48 hours. CBS New York's Elijah Westbrook has the latest from campus.
Tuesday night, the president of Columbia University sent an email saying pro-Palestinian protesters had until midnight to reach an agreement with school officials to take down their encampment on the school's campus. Dan Rice reports from Chopper 2.
CBS New York's Lonnie Quinn has your First Alert Forecast for April 23 at 11 p.m.