Wall Street

A trader works on the floor of the New York Stock Exchange on Dec. 3, 2013. (credit: Getty Images)

S&P 500 Puts Finishing Touch On Best Year Since 1997

The Standard & Poor’s 500 index closed out its best year since 1997 on Tuesday as traders wrapped up a record-setting year.

12/31/2013

Traders work on the floor of the New York Stock Exchange. (Photo by Andrew Burton/Getty Images)

Dow Hits 16,000 For First Time, S&P 500 Hits 1,800

Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.

11/18/2013

Homes in Irvington, N.J. (Credit Google Maps)

Irvington Officials Look Into Eminent Domain For Foreclosed Homes

Irvington, N.J., is moving forward with plans to become the second municipality in the nation to use eminent domain to buy mortgages that are in foreclosure.

11/16/2013

Stories from Main Street - Photo: Evan Bindelglass / WCBS 880

Stories From Main Street: Wall Street Firm Powered By Wounded Veterans

Drexel Hamilton was founded by a wounded Vietnam vet, Larry Doll. Its singular mission is to help returning veterans find meaningful careers.

10/14/2013

Occupy Wall Street protesters march from the United Nations building to Bryant Park on September 17, 2013 in New York City. The march centered around the idea of a so-called Robin Hood Tax, a 0.5 percent levy to be applied to financial service companies, with proceeds to be used for social services. (Credit: Andrew Burton/Getty Images)

OWS Celebrates 2nd Anniversary With Marches, Rallies In Manhattan

On Sept. 17, 2011, protesters first began camping in Zuccotti Park near the New York Stock Exchange. The movement has splintered since New York City Mayor Michael Bloomberg evicted the protesters from the plaza in November 2012.

09/17/2013

Manhattan District Attorney Cy Vance. (credit: Getty Images)

DA: 3 Florida Men Ran ‘Wall Street’ Silver Scam

The men duped at least 150 people into spending $8 million on precious metals they did not own, Manhattan District Attorney Cy Vance said.

08/20/2013

Mayor Michael Bloomberg (Spencer Platt/Getty Images News)

Bloomberg: Not Comptroller’s Job To Investigate Wall Street

Mayor Michael Bloomberg said it’s “not very helpful” to New York City’s economy when Eliot Spitzer badmouths Wall Street while campaigning.

07/26/2013

Traders work the floor of the New York Stock Exchange . (Photo by John Moore/Getty Images)

Stocks Close At Record High After Bernanke Allays Stimulus Fear

The stock market closed at a record high after Federal Reserve Chairman Ben Bernanke said the central bank would continue to support the U.S. economy.

07/11/2013

Traders work the floor of the New York Stock Exchange . (Photo by John Moore/Getty Images)

Wall Street Woes: Dow Jones Industrial Average Closes Down 353 Points

There was no let-up in the flight from stocks and bonds Thursday as the Dow Jones industrial average plunged 353 points Thursday and wiped out almost two months of gains.

06/20/2013

Traders work on the floor of the New York Stock Exchange in New York City.  (Photo by Spencer Platt/Getty Images)

Stocks Break 15,000 For First Time After Hiring Climbs

The Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor’s 500 index, a broader market measure, rose above 1,600.

05/03/2013

Romeo Stevens

Teen Escapes From Custody On Staten Island, Spends Hours On The Lam

A 17-year-old boy was on the lam for hours Monday, after he escaped from police custody on Staten Island.

03/04/2013

(file / credit: Chris Hondros/Getty Images)

Comptroller DiNapoli: Wall Street Bonuses To Rise To $20 Billion

Wall Street cash bonuses for 2012 are expected to rise 8 percent to $20 billion, partly driven by deferred payments from prior years, New York’s state comptroller said Tuesday.

02/26/2013

Ferry Crash Scene

Injured Passengers Describe Chaotic Scene When Ferry Crashed

There was a massive emergency response to Pier 11 when a ferry headed in from New Jersey hit the shore.

01/09/2013

Raees Alam Qazi, left, and brother Sheheryar Alam Qazi, both of Oakland Park, Fla., are seen in this combination of undated mug shots provided by the Broward County Sheriff's Office. (credit: Broward County Sheriff's Office via CBS News)

Prosecutors: Florida Man, Brother Charged In Plot To Bomb NYC Landmark

Assistant U.S. Attorney Karen Gilbert said at a bail hearing that Raees Alam Qazi, 20, researched bomb-making techniques on Internet sites affiliated with al Qaeda, including one using Christmas tree lights, and the FBI recorded phone calls and conversations linking Qazi to a purported “lone wolf” plot.

12/18/2012

(file / credit: Justin Sullivan/Getty Images)

Citigroup To Cut More Than 11,000 Jobs

Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi’s workforce of 262,000.

12/05/2012

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