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.
Sabrina Underwood faces a mandatory 12‑year sentence after authorities in Panama discovered a loaded gun in her checked bag, a case her father says was a tragic mistake.
Their letter to the Texas education commissioner argues that recent walkouts raised safety concerns and violated parental expectations.
He breaks down what makes the case unusual and the factors investigators are likely weighing.
Firefighters faced heavy flames as they arrived at the home on Wilbarger Street.
Cindy Clemishire and her father alleged the church downplayed the abuse she suffered as a child.
Sabrina Underwood faces a mandatory 12‑year sentence after authorities in Panama discovered a loaded gun in her checked bag, a case her father says was a tragic mistake.
Their letter to the Texas education commissioner argues that recent walkouts raised safety concerns and violated parental expectations.
He breaks down what makes the case unusual and the factors investigators are likely weighing.
Firefighters faced heavy flames as they arrived at the home on Wilbarger Street.
Cindy Clemishire and her father alleged the church downplayed the abuse she suffered as a child.
As Texas, in recent years, has experienced an increase in its infant mortality rate, it has seen a growing interest in bereavement care for families.
The CEO a Dallas nonprofit resigned after a CBS News Texas I-Team investigation that revealed the organization had failed to follow through on its core promises.
Seven years after a deadly school bus-train crash in Athens, the same crossing still lacks gates or lights—despite repeated promises to fix it.
A CBS News Texas investigation found those daily meals no longer being delivered to schools, despite the nonprofit's claims to the contrary.
It once fed thousands of kids. So, how did a Dallas non-profit's core mission fall apart? CBS News Texas investigates.
Democrat state senator elect Taylor Rehmet sits down with Jack Fink in the CBS News Texas studio to discuss his win over Republican Leigh Wambsganss. "I got a lot of work to do," Rehmet said.
Dallas pollster and Principal of Hunt Research, Ross Hunt discusses the upset win by Democrat Taylor Rehmet over Republican Leigh Wambsganss.
Texas Agriculture Commissioner Sid Miller (R) discusses his re-election campaign and reacts to Gov. Abbott's decision to endorse his challenger.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
The FBI has arrested "one of the key participants" behind the attack on U.S. facilities in Benghazi, Libya, in 2012 that killed four Americans.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
Last year, over 16 million vehicles drove on North Texas toll roads without paying, accumulating more than $69 million in unpaid tolls.
U.S. life expectancy rose to 79 years in 2024 - the highest mark in American history. But the U.S. still ranks below dozens of other countries.
Weather-related closures left Carter BloodCare 4,000 units of blood and blood components short of what it needs.
The state of Texas is investing $50 million in research on psychedelic therapies.
Walk with a Doc invites community members to join low-pressure group walks led by physicians.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
During the World Cup, soccer fans will be able to get a taste of what North Texas' new professional soccer team, Atletico Dallas, has to offer.
Salad and Go, a drive-thru salad chain, said on Wednesday that it will close all remaining Texas and Oklahoma stores.
Jaxson Smith‑Njigba brings Rockwall roots to Super Bowl LX after a meteoric rise from Texas 6A football.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
Victor Wembanyama had 29 points and 11 rebounds, and the San Antonio Spurs overcame rookie No. 1 pick Cooper Flagg's fourth consecutive 30-point game in a 135-123 victory over the Dallas Mavericks.
Los Angeles Rams quarterback Matthew Stafford was named the NFL MVP, just edging out four other candidates that included New England Patriots quarterback Drake Maye and Buffalo Bills quarterback Josh Allen, last year's MVP.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
A quaint home in Grapevine is drawing big attention, not for its renovations or location, but for its former occupant.
The 5th Dimension had broad crossover success and won six Grammy Awards, including record of the year twice.
The sheriff says the note was sent to a local Arizona news station, which agreed not to report on it, following the disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
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.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
