Dow Sheds More Than 1,100 Points In 2 Days As Trade Jitters Rock Wall Street
Trade war fears wiped more than 1,100 points off the Dow in just two days. It was Wall Street's worst week in more than two years.
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Trade war fears wiped more than 1,100 points off the Dow in just two days. It was Wall Street's worst week in more than two years.
U.S. stocks fell sharply on Thursday after President Donald Trump announced new tariffs on Chinese goods.
The economy is just as strong today as it was last week. Keep that in mind as you process the Dow's breathtaking 1,175-point plunge on Monday.
Seven trading days. That's how long it took the Dow to rocket from 25,000 to 26,000.
This stock market doesn't obey speed limits. It just blasted through another barrier: Dow 25,000, barely a month after it cracked 24,000 for the first time.
Twitter's stock prices jumped Friday morning after former Microsoft CEO Steve Ballmer announced he owns four percent of the company.
Financial experts say people who watched in horror as the Dow Jones Industrial average drop more than 1,000 points Monday morning should stay calm and not panic – a hasty move now could cause permanent damage later.
The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock.
The Associated Press news agency suspended its Twitter account Tuesday after it was hacked into.
Friday is the big day.
The debt crisis in Greece is sending the stock market on a roller coaster. So, how will it affect our economy?
Wall Street is wrapping up a shaky week of investing and Michael Gardner of Wedbush visited the KCAL 9 studios to give viewers financial advice.
Dr.Larry Harris, Fred V. Keenan Chair in Finance at the USC Marshall School of Business, visited the KCAL 9 studios Thursday to talk about the recent decline in the stock market.
Local investors are especially busy this week as they brace for continued economic uncertainty.
Residents across Los Angeles are rattled by the staggering stock market plunge. The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.
Banks and airlines are nudging stocks lower Monday, while economic worries continue to weigh on markets.
New hopes that a deal would be reached for Greece to avoid defaulting on its debts sent stocks higher Tuesday. The market gave up some of its gains following a surprise drop in U.S. consumer confidence.
The biggest corporate hiring spree in five years is reversing a weeklong slide in the stock market.
Stocks lost some of their early gains and turned mixed Monday despite the death of Osama bin Laden, several strong earnings reports and a major drug industry acquisition.
Mixed corporate earnings reports sent stock indexes wobbling Monday.
Johnson & Johnson led the Dow Jones industrial average higher on Tuesday. The health-care heavyweight rose 3 percent after reporting earnings that beat Wall Street's expectations. The company also raised its full-year earnings forecast.
A warning from Standard & Poor's that the agency might lower its rating on U.S. government debt sent stocks on their steepest slide in a month Monday.
Stocks are edging higher in midday trading at the start of the last full week before the next round of corporate earnings reports begin.
Stocks plunged Tuesday and bond prices rose as the nuclear crisis in Japan intensified following a deadly earthquake and tsunami. The Dow Jones industrial average fell more than 150 points.
Shohei Ohtani becomes the second player named MVP in both the American and National League.
Members of the public will be able to attend an upcoming court hearing in Van Nuys, California, for Lyle and Erik Menendez, who are serving life sentences for the 1989 murder of their parents. A lottery will decide who takes 16 seats in the courtroom.
Phillips 66, the Houston-based oil and gas company, is facing federal charges for allegedly dumping hundreds of thousands of gallons of heavily polluted wastewater into the Los Angeles County sewer system.
From at least July 2018 to March 2019, Jerrell Eugene Anderson and his accomplices, distributed methamphetamine, heroin, and cocaine that they sold on darknet marketplaces, according to the U.S. Attorney's Office.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Shohei Ohtani becomes the second player named MVP in both the American and National League.
Members of the public will be able to attend an upcoming court hearing in Van Nuys, California, for Lyle and Erik Menendez, who are serving life sentences for the 1989 murder of their parents. A lottery will decide who takes 16 seats in the courtroom.
Phillips 66, the Houston-based oil and gas company, is facing federal charges for allegedly dumping hundreds of thousands of gallons of heavily polluted wastewater into the Los Angeles County sewer system.
From at least July 2018 to March 2019, Jerrell Eugene Anderson and his accomplices, distributed methamphetamine, heroin, and cocaine that they sold on darknet marketplaces, according to the U.S. Attorney's Office.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
Shohei Ohtani becomes the second player named MVP in both the American and National League.
Members of the public will be able to attend an upcoming court hearing in Van Nuys, California, for Lyle and Erik Menendez, who are serving life sentences for the 1989 murder of their parents. A lottery will decide who takes 16 seats in the courtroom.
Phillips 66, the Houston-based oil and gas company, is facing federal charges for allegedly dumping hundreds of thousands of gallons of heavily polluted wastewater into the Los Angeles County sewer system.
From at least July 2018 to March 2019, Jerrell Eugene Anderson and his accomplices, distributed methamphetamine, heroin, and cocaine that they sold on darknet marketplaces, according to the U.S. Attorney's Office.
The fiery crash happened around 11:17 p.m. at the intersection of Palos Verdes Blvd. and Catalina Avenue.
Public health officials are urging residents and business owners to monitor their water sources after seven people reported contracting Legionnaire's Disease in recent days.
The cat was scared up a tree by one of the neighborhood's small dogs before getting tranquilized and relocated by wildlife officials.
Park officials say the ride had technical difficulties. Twenty-two riders were involved. Two were brought to a hospital.
The student told police that the alleged relationship was ongoing for six months.
One of the Orange County firefighters injured after his crew's truck rolled over during a crash near the Airport Fire will return home on Friday.
The Riverside County District Attorney's Office declined to file charges against the suspected sexual predator who tried to meetup with a Temecula teenager for sex because they said more evidence was needed before they could take action.
The woman told firefighters that she had fallen into the hole sometime Tuesday evening and wasn't discovered until a passerby heard her screaming for help.
Undercover detectives posed as a teenage girl online and began talking with a 43-year-old man from Arizona who expressed his intent to meet up for sexual purposes.
It happened at around 9:15 p.m. on Friday near the intersection of SR-74 and White Avenue, according to California Highway Patrol officers.
Investigators arrested the 46-year-old man after an undercover operation revealed he was trying to meet a minor for sexual purposes.
While sometimes slow, the tracing system from the Bureau of Alcohol, Tobacco Firearms and Explosives played an instrumental role in helping law enforcement locate the man who opened fire inside a Monterey Park dance hall in 2022.
Following a deadly hijacking of a Metro bus, Ross Palombo digs through data about violence on the Metro system.
Ross Palombo goes over the crime statistics available for the Metro.
KCAL News investigates connection between Beverly Hills armed robbery and gun belonging to notorious police killer Christopher Dorner.
Ross Palombo shows how investigators arrested the man accused of starting the Line Fire after they spotted his white truck. Palombo also speaks to the man's family.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
A major storm swept across the northwestern U.S., battering the region with strong winds and rain, causing widespread power outages and downing trees that killed at least two people.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022. Now he's Trump's choice to lead the Centers for Medicare and Medicaid Services.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Los Angeles County Supervisors are calling for a county-run homeless department after a recent audit found that the Los Angeles Homeless Services Authority was having a number of issues, including the handling of funding provided for direct response to the homeless crisis.
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022. Now he's Trump's choice to lead the Centers for Medicare and Medicaid Services.
City Council members on Tuesday will consider adopting an ordinance that will make Los Angeles a "sanctuary city," which will prohibit any city resources from being used to help the federal enforcement of immigration laws.
The House Ethics Committee hasn't decided if it will release its findings on allegations Matt Gaetz engaged in sexual misconduct, illicit drug use and bribery.
Grocery giant Albertsons will pay nearly $4 million to settle a lawsuit accusing it of overcharging customers at hundreds of Albertsons, Safeway and Vons supermarkets.
A federal judge has blocked a new California law allowing any person to sue for damages over election deepfakes.
Californians with iPhones and Apple Watches will now be able to store digital versions of their driver's licenses and identification cards on their devices, state officials announced.
The authorization comes after a week-long voting period for the more than 6,000 Food4Less workers represented by the United Food and Commercial Workers Local union.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Public health officials are urging residents and business owners to monitor their water sources after seven people reported contracting Legionnaire's Disease in recent days.
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Public health officials have reported two more locally acquired cases of the mosquito borne illness dengue in Los Angeles County, bringing the total to 11 cases in recent weeks.
McDonald's says Quarter Pounders will be back on the menu at hundreds of its restaurants after testing ruled out beef patties as the source of an E. coli outbreak.
Avid coin collectors jumped at the chance to get their hands on a rare "double eagle" gold coin at a Southern California auction house.
Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.
Two more members of the Los Angeles Times editorial board have resigned after the newspaper's owner blocked its plan to endorse Democratic Vice President Kamala Harris for president.
Thousands of mental health workers at Kaiser Permanente facilities spanning across Southern California went on strike on Monday, calling for increased pay and restored pension plans, amid other demands.
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the company.
Shohei Ohtani becomes the second player named MVP in both the American and National League.
Sebastian Mack scored 21 points, Tyler Bilodeau hit 4 of 4 from 3-point range and finished with 20 points and UCLA beat Idaho State 84-70.
Ukko-Pekka Luukkonen stopped 24 shots, Jason Zucker scored the game's only goal, and the Buffalo Sabres beat the Los Angeles Kings 1-0.
James Harden scored 24 points and the Los Angeles Clippers won their sixth game in a row at their new arena, beating the Orlando Magic 104-93.
Freddie Freeman's historic walk-off grand slam ball from Game 1 of the World Series is hitting the auction block.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Mattel apologizes for inadvertently directing people to pornography site instead of one promoting upcoming film.
Judith Jamison, an internationally acclaimed dancer who later served as artistic director of the Alvin Ailey American Dance Theater for two decades, has died at age 81.
Sheba Turk previews one of the world's largest auto and mobility shows, taking place Nov. 22 through Dec. 1 at the LA Convention Center.
JT is back! Well, the rumors are swirling, but meantime he hosted his 8th annual foundation golf tournament which welcomed Dodgers old & new to Sherwood Country Club for a day of fierce competition on the links - if you ask Justin
From the mountains and valleys to the beaches and deserts, there are more than 170 cities in Southern California. Each has a proud history and culture, and every Friday on KCAL News Mornings, we highlight them in our "SoCal Spotlight" segment. Jamie Yuccas and Sheba Turk show us some of the communities KCAL News has visited this year.
"Never Give Up," presented by Sports Central and hosted by Darren Haynes, highlights Southern California's sports spirit, offering unique stories about perseverance and grit driving local athletes to incredible success.
Sunny skies, slightly cool temperatures across the Southland. While today will see slightly warmer, drier weather -- compared to recent days -- chillier conditions are forecasted in the coming days as temperatures drop.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
KCAL News Anchor and three-time Emmy award-winning journalist Chauncy Glover has died.
Los Angeles comes out to celebrate the Boys in Blue two days after winning the 2024 World Series.
The Los Angeles Dodgers are World Series champions after defeating the New York Yankees in game 5.
The Los Angeles Dodgers win the World Series in Game 5 in a 7-6 win over the New York Yankees
