Dow tumbles more than 700 points after hot inflation report
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
Stocks slumped after government data showed that U.S. inflation in January remained stubbornly high, dousing investor hopes.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
Inflation, interest rates and a possible recession could weigh on markets. But there are also reasons for bullishness.
"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
The start of 2022 has pushed Wall Street into a bear market. Here's what the rest of the year could hold for investors.
May surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates.
On Wednesday, the Dow shed more than 1,164 points, or 3.6%, its biggest loss since 2020. The broader market lost 4%, putting the S&P 500 on the precipice of bear market territory. The Nasdaq Composite lost 4.73%.
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?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
While some kids may have been playing video games or watching movies all day when everyone was asked to stay-at-home during the coronavirus pandemic, there were four kids, all under the age of 10, who learned to play the stock market.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The coronavirus crisis has hit corporate America hard, with many businesses closed and entire industries ground to a halt.
The Dow Jones closed down nearly 3,000 points, marking the biggest one-day drop in history.
U.S. stocks plunged so quickly Monday that trading was halted as frightened investors fled the markets amid growing economic uncertainty over the spreading coronavirus.
The coronavirus outbreak isn't just a global health concern, it's also been economically disruptive.
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever.
The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P 500 declined 3.2%, while the Nasdaq tumbled 3.8%.
Maryland State Police Colonel Roland Butler said divers located two men around 10 a.m. in about 25 feet of water at the middle span of the bridge.
City officials in Opa-locka want to follow in the footsteps of Hialeah by banning RVs housed in yards at homes within the city limits.
A three-judge federal panel Wednesday rejected a constitutional challenge to a congressional redistricting plan that Gov. Ron DeSantis pushed through the Legislature in 2022, saying opponents did not prove lawmakers acted with "racially discriminatory purpose."
The longtime Connecticut senator died from complications from a fall, his family said.
Loved ones of a U.S. sailor from Miramar who was lost at sea are speaking out as gifts were delivered to their home by the city's Vice Mayor and Miramar Police.
Maryland State Police Colonel Roland Butler said divers located two men around 10 a.m. in about 25 feet of water at the middle span of the bridge.
City officials in Opa-locka want to follow in the footsteps of Hialeah by banning RVs housed in yards at homes within the city limits.
The Miami Marlins will open their 2024 season with a four game series against the Pittsburgh Pirates at loanDepot park
A three-judge federal panel Wednesday rejected a constitutional challenge to a congressional redistricting plan that Gov. Ron DeSantis pushed through the Legislature in 2022, saying opponents did not prove lawmakers acted with "racially discriminatory purpose."
The longtime Connecticut senator died from complications from a fall, his family said.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
It's Back-To-School and that also means back to the lunch room, as breakfast and lunch are free to all Miami-Dade public school students again this year.
The longtime Connecticut senator died from complications from a fall, his family said.
The FBI earlier said there was no "there is no specific or credible information to suggest there are ties to terrorism."
Nicole Shanahan is a donor and California-based attorney and entrepreneur.
Florida will have one of the country's most restrictive social media bans for minors — if it withstands expected legal challenges.
The New York judge overseeing the criminal case against former President Donald Trump rejected his bid to delay the trial again.
Jim DeFede goes one-on-one with the new chairman Evan Power on various topics.
Jim DeFede goes one-on-one with the South Florida Congressman for his reaction to the comments by former President Donald Trump.
After ignoring the issue for years, the Florida legislature began to address the mental health crisis in the criminal justice system in its 2024 session.
Jim DeFede interviews State Representative Danny Perez, whose district includes portions of Miami-Dade County. Perez, a Republican, will be the next Speaker of the Florida House.
Jim DeFede goes one-on-one with the president of the Miami-Dade Education Coalition, a group trying to replace the teachers union in Miami-Dade County.
Preventative chemotherapy, which is usually referred to as "adjuvant chemotherapy," is an early treatment that is used to reduce the chances of cancer returning.
The Women's Cancer Fund raised $18.3 million, but a new lawsuit alleges the money went to pay a lavish salary to for-profit fundraisers.
Targeted advertising and changes in societal norms over the past 50 years have led to an upsurge in alcohol-related diseases and deaths among women.
Most healthy men produce sufficient testosterone as they age. Yet online ads and telehealth sites are promoting testosterone drugs with flawed promises of boosting libido and busting stomach fat.
Infections of the highly contagious measles virus have been reported in 17 states in the first three months of 2024.
All of our picks from Wayfair, Amazon and Bed Bath & Beyond are on sale.
Check in on the best hearing aids of 2024 from brands like Jabra, Phonak, and Sony.
Save money on a new hearing aid with the top budget-friendly hearing aids of 2024.
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Score hundreds off of Samsung's best OLED gaming monitors, from 57-inch behemoths to modest 32-inch displays.
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
The company will keep its name and headquarters in Pittsburgh, but the United Steelworkers union voiced opposition to the deal.
For customers of SmileDirectClub, they were greeted with a message that they had shut down when logging on to its website.
CBP officials say the individually wrapped pink packages have an estimated resale value of more than $19,000.
Combs' homes in Los Angeles and Miami were raided by federal law enforcement officers, U.S. officials confirmed Monday.
The 78-year-old comedian known for being wild and crazy is now the subject of a documentary on Apple TV+, titled "STEVE! (martin) a documentary in 2 pieces."
This is Diaz's second child with husband Benji Madden.
Attorneys have filed a motion for a protective order that would stop the DeSantis-appointed board members of the Central Florida Tourism Oversight District from having to give videotaped depositions
Ex-Nickelodeon producer Dan Schneider was accused of inappropriate and abusive behavior in the docuseries, "Quiet on Set: The Dark Side of Kids TV."