Dow jumps more than 1,000 points after U.S. and China announce tariff truce
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Watch CBS News
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
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. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
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?
Investors have a lot to be thankful for this holiday-shortened week -- including the Dow passing the 30,000 milestone for the first time as stocks posted solid gains Tuesday to extend Monday's rally.
Markets rebounded sharply from a disastrous Christmas Eve.
Stocks plunged, sending the Dow Jones industrials down more than 700 points, as investors feared that trade tensions will spike between the U.S. and China.
The stunning rout in U.S. stocks has spread to global markets.
How concerned should you be about your retirement money with all the recent ups and downs going on in the stock market?
The Dow Jones industrial average plunged 1,175 points, or 4.6 percent, erasing its gains for the year.
Stocks are closing higher on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points.
Stocks opened strongly higher on Wall Street, led by big gains in banks as investors expected interest rates to rise.
The Dow industrials surged past the 20,000 mark for the first time, right after the opening bell.
United States stocks are plunging in early trading after Britons voted to leave the European Union.
There's a downside to those low gasoline prices at the pump.
U.S. stocks are sharply lower, led by steep declines in energy companies as the price oil takes another tumble.
U.S. stocks are opening 2016 on a grim note, dropping sharply after a plunge in China and declines in Europe.
U.S. stock markets plunged in early trading Monday following a big drop in Chinese stocks.
KDKA Radio's Robert Mangino talks with Jayme Meredith, vice president and financial advisor with Hefren-Tillotson and host of Hefren-Tillotson's "Your Money & You."
The jury reached its verdict after about two hours of deliberations.
Despite the snow, sub-zero temperatures, and a long workday, one young mail carrier went above and beyond to get a wallet back to its owner.
After graduating 10 seniors last year, no one expected the Panthers to be near the top, but they find themselves on the precipice of history.
A West Virginia bill aims to get kinship caregivers the same foster care subsidy as certified foster families within 30 days.
The temptation to walk or play on ice during the winter is high, but staying safe is more important. Here's how you can check if it's safe.
The jury reached its verdict after about two hours of deliberations.
Despite the snow, sub-zero temperatures, and a long workday, one young mail carrier went above and beyond to get a wallet back to its owner.
After graduating 10 seniors last year, no one expected the Panthers to be near the top, but they find themselves on the precipice of history.
A West Virginia bill aims to get kinship caregivers the same foster care subsidy as certified foster families within 30 days.
The temptation to walk or play on ice during the winter is high, but staying safe is more important. Here's how you can check if it's safe.
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
President Trump pardoned five former NFL players - one posthumously - for crimes ranging from perjury to drug trafficking.
Pennsylvania schools are required to teach cursive handwriting under a new law.
A federal grand jury refused to indict six Democrats who drew President Trump's ire by taping a video telling members of the military that they must reject "illegal orders," three sources told CBS News.
Ghislaine Maxwell's lawyer said she would be willing to cooperate with a House panel's probe if President Trump grants her clemency, and would testify that he is "innocent of any wrongdoing."
When debt collection companies start calling, most people don't know what to do.
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.
The rush for roses is on with Valentine's Day this weekend, and making sure you're getting the best deal is crucial.
More than 30 states have already enacted similar legislation.
The first electric and gas bills of the year can come with sticker shock, and this year, it might be worse than usual.
There is no better way to wrap up PTL's takeover of the Pittsburgh International Auto Show than with the full team.
Is it better to lease or buy a new car?
Boaz takes the Ford Motor Company simulator for a spin.
The Ford ASSET program helps educate local students.
Ford does so much work in the community to make Pittsburgh a better place to live!
The Pennsylvania State Police's fire marshal unit in Greensburg is offering a reward for information that leads to an arrest in connection with a suspicious fire in August.
When debt collection companies start calling, most people don't know what to do.
It's been three months since the Woodland Hills School District put its superintendent on administrative leave.
Residents of Millvale are trying to get back to normal after last weekend's major snowstorm.
Tracing the past of Shane Hennen and how his troubled life in Pittsburgh pointed to his future downfall.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
Cracking down on the price of prescription drugs is a hefty task.
The advisory, issued on Saturday, affected thousands of customers in Allegheny and Washington counties.
Pennsylvania American Water said that a first round of testing came back negative and an update can be expected late Monday morning.
Doctors said the drugs can help people lose unwanted pounds while retaining muscle.
After graduating 10 seniors last year, no one expected the Panthers to be near the top, but they find themselves on the precipice of history.
Western Pennsylvania has historically been a hotbed for producing talent that succeeds in the NFL.
Known as "The Baron of the Bullpen," Elroy Face is often credited with being the man who pioneered the modern relief pitcher.
Pitt has struggled this year with a 2-10 record in the Atlantic Coast Conference.
Sidney Crosby, Erik Karlsson, and Rickard Rakell all recorded points as their teams opened the competition with victories.
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.
More than 140 employees at Nemacolin were informed they were being let go.
It's been about six years since the pandemic, and a lot of people working from home, but now companies are slowly calling them back to the office.
Pittsburgh Mayor Corey O'Connor on Tuesday announced a new initiative aimed at revitalizing neighborhood business districts across the city.
A handful of Pittsburgh-area Value City Furniture stores are going out of business after their parent company filed for bankruptcy.
More extras are needed for "Mayor of Kingstown" when the show films its fifth and final season in Pittsburgh.
"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."
Filming in Pittsburgh for the fifth and final season of "Mayor of Kingstown" is set to begin on March 9.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
A jury has found a woman and her accomplice guilty of first-degree murder for conspiring to kill the woman's mother.
Despite all of the snow and all of the cold, and not to mention mail backups, one postal worker found a lost wallet and traveled more than 50 miles to get it back to its owner. Barry Pintar tells the story On A Positive Note.
After graduating 10 seniors last year, no one had Upper St. Clair in the preseason rankings, but with the playoffs approaching, they're the top seed. KDKA-TV Sports' Cassidy Wood spoke with the team ahead of the postseason.
Watch as teams from Canon-McMillan, Moniteau, and Trinity Area high schools compete on this edition of KD Quiz!
Watch as teams from Canon-McMillan, Moniteau, and Trinity Area high schools compete on this edition of KD Quiz!
Mike Tomlin stepped down as head coach of the Pittsburgh Steelers after 19 seasons with the team.
Pitt's regular season has ended with an 8-4 record.
Pitt's five-game winning streak came to an end with a 37-15 loss to Notre Dame.
Mason Heintschel set a new Pitt freshman single-game passing record in the Pitt win at Acrisure Stadium.
The 44th annual KDKA-TV Turkey Fund will help our neighbors in need have a nice meal for Thanksgiving.
