Financial Experts: No Rash Decisions With 401k During Coronavirus Uncertainty
"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
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"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
Stock trading was halted on Monday after the Federal Reserve's emergency action plan did little to squeal Wall Street's fears of a recession because of the coronavirus pandemic.
The Dow Jones fell so sharply -- plummeting 1,800 points at the open -- that circuit breakers tripped and trading on the New York Stock Exchange had to be halted.
Empty store shelves, medical supply shortages and a declining stock market are all signs of what could be a coronavirus panic spreading to North Texas.
Although Apple's iPhone has long wowed consumers and investors alike, the device that has served as a benchmark for mobile devices may be losing its luster.
Shares of Tesla Inc. tumbled Wednesday after the company cut vehicle prices and announced 4th quarter sales figures that fell short of Wall Street estimates.
The market sell-off started in October amid heightened fears about the trade war with China and the Federal Reserve moving to gradually raise interest rates to keep the economy from overheating.
The 110-year-old Plano-based company hasn't been profitable since 2010.
The stock market didn't offer any presents to investors Christmas Eve.
Tesla is dropping two of the seven standard colors it had offered to customers as it tries to streamline production.
Best Buy Co. reported its largest second-quarter sales boost in 15 years on Tuesday, helping to push revenue and profit beyond Wall Street expectations.
Shares of Tesla slipped on the first day of trading after the electric vehicle maker said it won't consider going private after all.
Stocks closed higher on Wall Street following strong results from Walmart and signs of progress in defusing the trade dispute between China and the U.S.
Twitter plunged before the opening bell Friday on weak user numbers, a day after a historic route at Facebook.
Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history.
Benchmark U.S. crude rose $1.01 to settle at $70.73 a barrel on the futures market in New York. The international standard, Brent crude, was up $1.30 to $76.17 in London.
An ad on Snapchat asking users if they'd rather "Slap Rihanna" or "Punch Chris Brown" has spawned widespread outrage online and brought profuse apologies from the company.
President Donald Trump has broken his silence on the stock market.
The 1,175-point drop in the Dow Jones industrial average Monday — about 4.6 percent of its value — capped two days of losses that have erased the stock market's gains for the year.
The Dow Jones Industrial Average had its biggest single day point decline in its history-- at one point down 1,500 points.
The Dow Jones industrial average plunged 1,175 points, or 4.6 percent, erasing its gains for the year.
Stocks ended their worst week in two years Friday, and the Dow's drop was its biggest in percentage terms since June 2016.
Advances in technology have already reshaped stock trading, and now investors with TD Ameritrade can trade stocks around the clock during the week.
Stocks are closing higher on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points.
The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000.
The plan is aimed at deterring migrants from making the journey to illegally cross the border from Mexico to Texas.
UnitedHealthcare CEO murder suspect Luigi Mangione is back in New York after waiving extradition in Pennsylvania.
Many participants are amputees but the program also supports those with neurodivergent conditions, brain injuries, military injuries and more.
The two-alarm fire happened late Wednesday night.
Just in time for the holiday season, some middle school students from Richardson ISD are creating art to bring joy to residents at a nearby assisted living facility.
The plan is aimed at deterring migrants from making the journey to illegally cross the border from Mexico to Texas.
UnitedHealthcare CEO murder suspect Luigi Mangione is back in New York after waiving extradition in Pennsylvania.
Many participants are amputees but the program also supports those with neurodivergent conditions, brain injuries, military injuries and more.
The two-alarm fire happened late Wednesday night.
Just in time for the holiday season, some middle school students from Richardson ISD are creating art to bring joy to residents at a nearby assisted living facility.
Amber Crum was just 2 years old when she disappeared from the Pleasant Grove area the day after Christmas in 1983.
A nationwide gift card scam linked to Chinese organized crime involving gangs prompted law enforcement and DHS to take action.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
For weeks, the I-Team traced the cups dropped inside seven locations in Garland, Plano, Frisco, Irving, Hurst, Highland Park, and Fort Worth.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
The plan is aimed at deterring migrants from making the journey to illegally cross the border from Mexico to Texas.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
Migrants in the U.S. under what's known as Temporary Protection Status are worried that Trump will revoke the program upon taking office.
Herschel Walker, the former football star who unsuccessfully ran for Senate in Georgia in 2022, will be nominated to serve as ambassador to the Bahamas.
"People deserve to know upfront what they're being asked to pay," FTC Chair Lina Khan said in announcing crackdown on certain consumer fees.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
Many participants are amputees but the program also supports those with neurodivergent conditions, brain injuries, military injuries and more.
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
Aaron Siri, an attorney to Robert F. Kennedy Jr., petitioned the FDA to "withdraw or suspend" its approval of a polio vaccine.
The new Fort Worth facility is expected to create hundreds of new jobs to help build long-range assault aircraft.
The Dallas City Council voted Wednesday to approve a contract which includes a $15 million upgrade to the convention center.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
According to the report, 15,151 Texas workers are owed back wages.
When we first met Nia-Tayler Clark earlier this year, she was excited to show us her Farmers Branch bookstore, BLACKLIT.
Rick Welts was previously the president and COO of the Golden State Warriors.
Before they step on the field, the SMU Mustangs football team has to get through finals first.
The Dallas Open takes place Feb. 1-9, 2025.
The SMU Mustangs are heading to Pennsylvania to face Penn State on Dec. 21.
Luka Doncic had his 80th career triple-double with a season-high 45 points along with 13 assists and 11 rebounds.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
This year, the team wanted to be sure more visitors could enjoy the trains.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
The prime-time matchup in Arlington will also take place at Springfield's Atoms Stadium as part of an alternate broadcast.
CBS News Texas captured the excitement and energy of the BMW Dallas Marathon Festival through photos.
Cowtown lit up the streets of Downtown with smiles and lights during the annual Parade of Lights.
Check out photos of cars, trucks and SUV's on display this year at the Texas Auto Show at the State Fair of Texas.
We take a look back at Dallas Police Chief Eddie Garcia's time in Dallas.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
