Stocks Dive On Coronavirus Risks, Wiping Out 3 Years Of Gains
Stocks nosedived on Wednesday following the fourth trading halt in two weeks, with Wall Street spooked by the deepening economic impact of the coronavirus pandemic.
Watch CBS News
Stocks nosedived on Wednesday following the fourth trading halt in two weeks, with Wall Street spooked by the deepening economic impact of the coronavirus pandemic.
Stocks jumped after Monday's historic plunge produced the worst day of losses since the financial crisis in 2008.
Investors seem unimpressed with the Federal Reserve's largest interest rate cut since 2008, pushing down stocks amid mounting concerns over the coronavirus.
Protesters are hoping to raise awareness for what they call the mass extinction environmental problem.
The "Fearless Girl" statue was unveiled at her new, permanent home Monday.
U.S. stocks lost ground for a second day following Wednesday's sharp decline, as concerns over rising interest rates and a trade war outstripped relief from weaker-than-expected inflation data.
U.S. stock indexes ended a boffo year with a wheeze on Friday, as share prices ended lower on 2017's final day of trading.
The Dow Jones industrial average broke through 20,000 points right at the opening bell. The index crossed the line, following record highs on Tuesday.
First time visitor's guide to the best attractions and dining in New York City.
People at the New York Stock Exchange and National September 11 Memorial & Museum paused Monday morning to honor the victims of the Paris attacks.
The New York Stock Exchange posted on Twitter the problem was an internal technical issue and not the result of a cyberattack.
New York's state comptroller says the average bonus paid to securities industry employees in New York City grew 2 percent last year to nearly $173,000.
This handy guide to New York City can help you plan out your trip and serve as a reference to the city's top attractions along with food and lodging recommendations.
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.
Twitter's stock debut up 73 above its IPO price. Twitter's trading debut is the most highly anticipated since Facebook's last year. Twitter will trade under the ticker symbol "TWTR.''
Twitter late Wednesday set a price of $26 for its initial public offering of stock, which means the company's shares can begin trading Thursday on the New York Stock Exchange.
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.
It was an all-out charm offensive Tuesday by Army Gen. Keith Alexander, head of the NSA, and representatives of the FBI and the Department of Justice to beat back concerns that our government is spying on us, tapping our phone lines and email accounts.
Security over style - that's the argument NYPD officials are making as they plan to install barricades and barriers in the area surrounding One World Trade Center.
The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and the Great Recession.
The little affenpinscher with the shiny black coat and a bouncy step took top prize Tuesday night, winning Best in Show at the Westminster Kennel Club.
A jury found Adis Medunjanin guilty of all counts for his role in a terror plot that federal authorities say was one of the closest calls since Sept. 11, 2001.
Two days after Superstorm Sandy brought New York to a standstill, residents itching to get back to work and their old lives noticed small signs that the city might be getting back to -- well, not quite normal.
Trading resumed on the New York Stock Exchange Wednesday after being closed for two days because of Hurricane Sandy. New York Mayor Michael Bloomberg ran the opening bell.
Across the entire East Coast, tens of thousands of businesses could be without power for the remainder of the week, possibly longer.
Lt. Gov. Antonio Delgado is suspending his campaign for governor of New York.
FBI Director Kash Patel posted videos of a person outside the home of Nancy Guthrie, the mother of Savannah Guthrie, on the morning of her disappearance.
Former Rep. Tom Malinowski has conceded the New Jersey special election to fill Gov. Mikie Sherrill's congressional seat.
Luigi Mangione's lawyers want the federal trial date to stay on track after the state court moved its own trial date up. The state trial is set for June 8, and jury selection for the federal trial is set for Sept. 8.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Lt. Gov. Antonio Delgado is suspending his campaign for governor of New York.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
An arrest has been made in the 2021 acid attack on Long Island college student Nafiah Ikram. Prosecutors said Terell Campbell had numerous incriminating and shocking web searches and rapped about burning someone with acid.
New Yorkers will feel much better on Tuesday weather-wise as temperatures warm up slightly. But, snow and ice could make for a potentially dangerous evening.
New Yorkers will feel much better on Tuesday weather-wise as temperatures warm up slightly. But, snow and ice could make for a potentially dangerous evening.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
A Connecticut man was arrested after allegedly driving drunk in the Bronx and hitting pedestrians on a sidewalk Friday.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
Former Rep. Tom Malinowski has conceded the New Jersey special election to fill Gov. Mikie Sherrill's congressional seat.
A home on Roosevelt Avenue in Bergenfield, New Jersey, went up in flames on Tuesday morning as firefighters worked to contain the blaze.
New Yorkers will feel much better on Tuesday weather-wise as temperatures warm up slightly. But, snow and ice could make for a potentially dangerous evening.
A New Jersey pilot and his co-pilot have been jailed in West Africa for almost six weeks after landing to refuel. CBS News New York spoke to both men on the phone.
The New Jersey Democrat says it's time to make seat belts on school buses a national standard, instead of leaving it up to states.
An arrest has been made in the 2021 acid attack on Long Island college student Nafiah Ikram. Prosecutors said Terell Campbell had numerous incriminating and shocking web searches and rapped about burning someone with acid.
New Yorkers will feel much better on Tuesday weather-wise as temperatures warm up slightly. But, snow and ice could make for a potentially dangerous evening.
Adelphi University student Orion Newby was celebrating on Monday after a court found that he didn't use artificial intelligence to cheat on a paper.
The 140-foot cell tower in Nissequogue would fix dropped calls and spotty service, but rise far above the trees.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
Lt. Gov. Antonio Delgado is suspending his campaign for governor of New York.
Former Rep. Tom Malinowski has conceded the New Jersey special election to fill Gov. Mikie Sherrill's congressional seat.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
A New Jersey pilot and his co-pilot have been jailed in West Africa for almost six weeks after landing to refuel. CBS News New York spoke to both men on the phone.
The New Jersey Democrat says it's time to make seat belts on school buses a national standard, instead of leaving it up to states.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Nic Claxton scored 28 points and had 10 rebounds to lead the Nets to a 123-113 win over the Bulls on Monday night.
Zuby Ejiofor scored six of his 25 points in overtime and No. 17 St. John's outlasted pesky Xavier 87-82 on Monday night at Madison Square Garden.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
Lindsey Vonn posted on Instagram a day after suffering a broken leg in a devastating crash at the Winter Olympics in Italy.
Google and Pepsi were among the best ads of the Big Game, while Coinbase and ai.com got failing grades, according to one ranking.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
Dozens of middle school girls celebrated National Girls and Women in Sports Day at the Brooklyn Basketball Training Center on Wednesday.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
The hearing is examining the mayor and his administration's efforts to keep New Yorkers safe during the dangerously cold temperatures after 18 people have died.
Police Commissioner Jessica Tisch announced new training and investing in new technology to keep New Yorkers safe.
One person is still missing as firefighters continue to investigate an overnight fire that broke out at a multi-family home in Queens. CBS News New York's Allen Devlin reports.
A few snow showers are likely for the afternoon hours, which will change over to a period of freezing rain for areas north and west of the city. CBS News New York Meteorologist John Elliott has Tuesday afternoon's forecast.
Terell Campbell was arrested for throwing acid at a woman's face nearly five years ago, according to officials. Prosecutors said after the attack, he rapped about burning someone with acid. CBS News New York's Carolyn Gusoff reports.