Stock market whipsaws as Trump makes new China threat
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
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It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
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?
Wall Street is dealing with a correction, not a crash, says Morgan Stanley's Bob Manning.
The Dow began in 1896 with 12 industrial stocks.
On today's show, Rich discussed Debbie Wasswerman Shultz decision to question the legitimacy of November's election, director Josh Whedon's criticisms of Ivanka Trump, and the Trump administration defunding of sanctuary cities. At 3:15pm U.S. Congresswoman Marsha Blackburn, from the 7th District of Tennessee, called in to talk about the GOP retreat in Philadelphia. At 5pm Fox Buisness Channel's Maria Bartiromo joined the show to talk about the Dow Jones hitting 20,000 points for the first time in its history.
On today's show, Matt discussed Jill Stein's failed recount effort in PA, Trump's reaffirmed victory in Wisconsin, and whether or not you're obligated to tip around the holidays. At 4pm retired secret service agent Robert Caltabiano joined the show to discuss potential Russian hacking of US political institutions. At 5:30pm author and Forbes contributor Chris Versace checked in to tell us what we can expect from the market before the years end.
"This is not the time to panic," says chief economist Mark Zandi.
A legendary investor and Guinness record-holder has a lot of stories to tell, and a lot of concerns for our current stock climate.
Philadelphia City Council has passed a "backyard breeding bill" that will place a three-year suspension on dog breeding by small breeders.
Two men were arrested for allegedly stealing nearly $11,000 worth of merchandise from a Lululemon store in Ardmore in January.
Displays about slavery at the President's House in Old City are being reinstalled nearly a month after they were removed by order of the Trump administration.
Wawa says these four bottled milk products could present a choking hazard and are being recalled as a precaution.
With their fathers in mind, two female therapists founded Black Men Heal to help change the perception about caring for your mental health.
Displays about slavery at the President's House in Old City are being reinstalled nearly a month after they were removed by order of the Trump administration.
Philadelphia City Council has passed a "backyard breeding bill" that will place a three-year suspension on dog breeding by small breeders.
Two men were arrested for allegedly stealing nearly $11,000 worth of merchandise from a Lululemon store in Ardmore in January.
Wawa says these four bottled milk products could present a choking hazard and are being recalled as a precaution.
With their fathers in mind, two female therapists founded Black Men Heal to help change the perception about caring for your mental health.
Philadelphia City Council has passed a "backyard breeding bill" that will place a three-year suspension on dog breeding by small breeders.
Two men were arrested for allegedly stealing nearly $11,000 worth of merchandise from a Lululemon store in Ardmore in January.
Displays about slavery at the President's House in Old City are being reinstalled nearly a month after they were removed by order of the Trump administration.
Wawa says these four bottled milk products could present a choking hazard and are being recalled as a precaution.
With their fathers in mind, two female therapists founded Black Men Heal to help change the perception about caring for your mental health.
Wawa says these four bottled milk products could present a choking hazard and are being recalled as a precaution.
The Diocese of Camden has agreed to a $180-million settlement resolving decades of sex abuse claims made against former priests.
Morey's Piers dismantled the Giant Wheel last fall and sent its center hub to the Navy Yard in Philadelphia to be repaired.
Sick and dying geese at Alcyon Lake in Pitman, New Jersey, had presumed cases of bird flu, officials said in a news release.
The Diocese of Camden has agreed to pay $180 million in a settlement to more than 300 survivors who were sexually abused by clergy members.
Wawa says these four bottled milk products could present a choking hazard and are being recalled as a precaution.
The long-ago first husband of first lady Jill Biden pleaded not guilty to charges that he killed his current wife in Delaware.
A fire that broke out at a wastewater treatment facility in Wilmington, Delaware, is under control after an explosion early Tuesday morning.
Ice is still impacting bodies of water around the Philadelphia area after a long stretch of cold temperatures.
Two firefighters and two residents were taken to the hospital after a house fire in Wilmington on Sunday, officials said.
With their fathers in mind, two female therapists founded Black Men Heal to help change the perception about caring for your mental health.
Sick and dying geese at Alcyon Lake in Pitman, New Jersey, had presumed cases of bird flu, officials said in a news release.
A Code Orange alert is in effect Wednesday, Feb. 18, for all of southeastern Pennsylvania due to poor air quality levels around the region.
A nationwide shortage of estrogen patches used for hormone replacement therapy has prompted many women to look for alternatives for treating symptoms of menopause.
Pennsylvania Hospital in Philadelphia is the country's oldest hospital and will become a museum for the nation's 250th birthday in 2026.
Move over, Wawa, "there's a new player in town." Customers shed light on Pennsylvania's heated rivalry as Sheetz opened its first store in Montgomery County.
Former Sheetz president and CEO Steve Sheetz has died at age 77, the Altoona-based company announced on Monday.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
With product return fraud on the rise, an emerging company is using AI to help spot issues.
Here are mall opening and closing hours for the Christmas and Christmas Eve holidays around the Philly region.
Martin Luther King Jr. Drive in Philadelphia has reopened following emergency repairs, according to the city.
A stretch of Spruce Street in Philadelphia's University City section is closed until further notice because of a water main break.
Police and fire crews are once again responding to the scene of a train fire that broke out Thursday.
More than 100 speed bumps near Philadelphia schools were installed improperly, a new report says.
The Downingtown Interchange on the Pennsylvania Turnpike reopened Wednesday night after a canopy over the toll booths collapsed.
Joel Embiid reported soreness in his right shin over the All-Star break and will miss the 76ers' game against Atlanta on Thursday night.
Mikaela Shiffrin, the most decorated skier of all time, last won a medal at the 2018 Winter Olympics in PyeongChang.
The Eagles' main headquarters in South Philadelphia has a new name: the Jefferson Health Training Complex.
Their respective semifinal wins on Monday set up a seventh gold-medal showdown between Team USA and Canada later this week.
Anthony Edwards won the Most Valuable Player award while leading his "Stars" team past their fellow Americans on the "Stripes" team 47-21 to win the final of the NBA All-Star Game.
Bruce Springsteen is bringing the Land of Hope and Dreams tour to Xfinity Mobile Arena in Philadelphia on May 8.
J. Cole's "The Fall-Off Tour" will stop at Xfinity Mobile Arena in Philadelphia in July.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The Pennsylvania Film Office has awarded $34 million for production on Season 3 of "Tires" and the fifth and final season of "Mayor of Kingstown."
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
The Backyard Breeding Bill would place a three-year suspension on dog breeding across Philadelphia and the transfer of puppies under 7 months.
A series of exhibits and educational materials on the history of slavery that were removed from the President's House Site in Philadelphia are being reinstalled on Thursday. CBS News Philadelphia's Dan Snyder reports.
Police sources say law enforcement agencies are conducting a warrant connected with an investigation into retail merchandise thefts out of Montgomery County, Pennsylvania.
Two Philadelphia men were arrested for allegedly stealing nearly $11,000 worth of merchandise from a Lululemon store in Ardmore earlier this year.
The New Jersey Department of Health just announced a new pilot program that will help more than 1,000 families in the Women, Infants and Children program pay their utility bills. The recipients will primarily be in Camden County.