Two months ago, for the first time in its history while the markets remained open, the trading floor at the New York Stock Exchange closed. Tuesday marks a new chapter -- it's reopening. CBS2's Kristine Johnson spoke with Stacey Cunningham, the president of the Stock Exchange.
Program: CBS2 News At 5Categories: Business, Finance, Health and Fitness, News, General, Financial News, General, Local News, WCBSTV
Coronavirus Progress: NYSE Set To Open Trading Floor Tuesday For First Time Since March 23Two months ago, for the first time in its history while the markets remained open, the trading floor at the New York Stock Exchange closed. Tuesday marks a new chapter -- it's reopening. CBS2's Kristine Johnson spoke with Stacey Cunningham, the president of the Stock Exchange.
Coronavirus Impact On Your Money: Frustration Now Turning To Desperation For The UnemployedAn overworked unemployment system that is now breaking down has many in New Jersey seeking unemployment benefits left without answers and without money. CBS2's Jenna DeAngelis reports.
NYS Overwhelmed By Unemployment ClaimsNew York State's Department of Labor is overwhelmed with an unprecedented number of unemployment claims due to the coronavirus shutdown. CBS2's Jenna DeAngelis has the details.
April 1st Brings Concerns About RentToday is April 1, and that means millions of New Yorkers who have been put through financial hardship because of the coronavirus outbreak are now facing their monthly bills, including rent. CBS2’s John Dias has more.
Coronavirus Update: Jobless Claims Surge To Record 3.3 Million, Tri-State Area Hit HardThe coronavirus pandemic has sent unemployment claims to record highs, and people all around New York and the country are feeling the effects of the global pandemic. CBS2's Nick Caloway reports.
Coronvirus Update: Senate Approves $2 Trillion Stimulus PackageThe relief package for Americans hit hard by the coronavirus now goes to the House of Representatives after approval by the Senate late into the night.
Financial Experts: Don't Let Coronavirus Put You In A Credit CrunchExperts say now is a time to be proactive to prevent your credit from getting destroyed during the coronavirus outbreak. CBS2's Jessica Layton reports
Coronavirus Update: Markets Rebound As President Outlines Economic PlanStocks regained some of their massive losses Tuesday as the federal government announced plans to stabilize the economy amid the COVID-19 outbreak. CBS2's Dick Brennan reports.
Coronavirus Update: Markets Plunge, But Financial Experts Expect ReboundInvestors continued to show their COVID-19 jitters, driving stocks down to a new 3-year low. CBS2's Dick Brennan reports.
Federal Reserve Slashes Interest Rates To Near ZeroThe financial news came at the same time the government was urging Americans not to horde food or exercise panic buying. CBS2's Kristine Johnson reports.
Coronavirus Update: Markets Rebound After Record DropTuesday saw a better day on Wall Street as stocks closed sharply higher. The gains recovered about half of the market's historic losses from a day before. CBS2's Dick Brennan reports.
NY Federal Reserve Trying To Stabilize MarketsThe New York Federal Reserve is taking action to try and stabilize financial markets.
Coronavirus Update: Markets Still Experiencing Jitters On Oil Prices, Outbreak WorriesThe closing bell brought a sigh of relief on Wall Street with the markets enduring one of the wildest days in recent memory. CBS2's Dick Brennan reports.
Stocks Resume Trading As Financial Markets CraterU.S. stocks plunged so quickly Monday that trading was halted as frightened investors fled the markets amid growing economic uncertainty over the spreading coronavirus. CBS2's Alice Gainer reports.
Coronavirus Fears Blamed For Worst Week In Markets Since 2008 Financial CrisisFears of the virus made stocks extremely volatile for a seventh day. Right now, the drop has put them on track for worst week since the 2008 financial crisis, at one point the Dow was down nearly 1,000 points. CBS2's Jessica Moore reports.
WHO Warns About Coronavirus PrepThe panic in the stockmarket intensified as the coronavirus pandemic grew worse as the World Health Organization issued a new warning about the global risk of the deadly virus. CBS2 Reena Roy reports.
CDC Says Coronavirus Outbreak In U.S. Not 'If' But 'When'Outbreaks are increasing across Asia, Europe and the Middle East, and one again stock markets took a dive due to the potential for a worldwide epidemic. CBS2's Dick Brennan reports.
All Eyes On Wall StreetInvestors are hoping to see some signs of recovery today after the Dow fell more than 1,000 points Monday. CBSN New York's Reena Roy reports.
All Eyes On Stock MarketStock futures were about 50 points higher this morning following one of the biggest drops in stock market history. CBS2's Reena Roy has the latest.
Rocky Slide On Wall Street Amid Coronavirus FearsThe market plunging Monday amid concern over the global impact of coronavirus as the number of cases around the world have surged. CBS2's Dick Brennan reports.
Coronavirus Worries Shake Up Wall Street, Drive Down Global MarketsInvestors on Wall Street are worried about the global impact of the coronavirus as it spreads outside of China. CBS2's Diane King reports.
#BrooklynSaves Campaign Aims To Teach People To How To Better Save MoneyThe goal of the new program is to help people get over the racial wealth gap by saving a small amount frequently. CBS2's Kevin Rincon reports.
Coronavirus Causing Value Of Bitcoin To SoarAs of Monday morning, the price of crypto-currency was hovering at around $9,300, up 30% since the end of 2019 - the best start to a year since 2012. CBS2's Mary Calvi reports.
JP Morgan Says New Tariffs Could Cost Average Americans $1,000 A YearYou might soon have to pay more to buy many common goods. New tariffs on hundreds of products from China went into effect over the weekend. CBS2's Andrea Grymes reports.