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Street in Manhattan, New York

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Wall Street: Street in Manhattan, New York
Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for the financial markets of the United States as a whole, the American financial services industry, New York–based financial interests, or the Financial District itself.

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Tesla's Market Value Tops $500 Billion [Video]

Tesla's Market Value Tops $500 Billion

Tesla may be the new kid on the block in the auto industry, but it's quickly become a big kid on Wall Street. The electric-car maker's shares continued to climb more than 4% on Tuesday. This increases..

Credit: Wochit News     Duration: 00:39Published
Wall Street dips on fading stimulus prospect [Video]

Wall Street dips on fading stimulus prospect

Wall Street's main indexes dipped on Friday as fears grew over fading stimulus and the blow to the economy from increasing coronavirus infections. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:32Published
Wall Street dips on fading stimulus concerns [Video]

Wall Street dips on fading stimulus concerns

Wall Street's main indexes dipped on Friday as fears grew over fading stimulus and the blow to the economy from increasing coronavirus infections. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:32Published
Target results crush Wall Street's forecasts [Video]

Target results crush Wall Street's forecasts

Target blew past Wall Street expectations for quarterly profit and sales on Wednesday as more Americans used the big-box retailer's quick delivery services to buy everything from electronics to home..

Credit: Reuters Studio     Duration: 01:17Published
Wall Street ends lower as shutdown worries loom [Video]

Wall Street ends lower as shutdown worries loom

U.S. stocks retreated from record closing highs on Tuesday, ending lower as surging COVID-19 cases, the growing threat of a fresh round of economic lockdowns and weak retail sales data dampened the..

Credit: Reuters Studio     Duration: 01:25Published
Wall Street rallies on vaccine trial results [Video]

Wall Street rallies on vaccine trial results

The Dow jumped more than 800 points and the S&P 500 ended higher but closed just shy of a record on Monday as investors bet that a full economic reopening was finally in sight following the first..

Credit: Reuters Studio     Duration: 01:39Published
Wall Street ends best week since April [Video]

Wall Street ends best week since April

U.S. stocks hovered near unchanged on Friday to close out with a big weekly gain as Democratic challenger Joe Biden edged closer to victory in the presidential election, while the monthly jobs report..

Credit: Reuters Studio     Duration: 01:56Published
Wall Street jumps on bets for split Congress [Video]

Wall Street jumps on bets for split Congress

U.S. stocks jumped on Thursday, as investors bet Republicans would retain control of the Senate and block any major policy changes under a possible Joe Biden White House that could dampen corporate..

Credit: Reuters - Politics     Duration: 01:34Published
Markets rally even with U.S. race too close to call [Video]

Markets rally even with U.S. race too close to call

Technology stocks pushed Wall Street's major averages higher on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested..

Credit: Reuters Studio     Duration: 01:41Published
What would a Biden win mean for Wall Street? [Video]

What would a Biden win mean for Wall Street?

Stocks have risen sharply in the final two days of the U.S. election season as investors bet on the likelihood of a Joe Biden win for president. How Wall Street fares under his watch could depend on an..

Credit: Reuters Studio     Duration: 03:19Published
Stocks suffer biggest weekly decline since March [Video]

Stocks suffer biggest weekly decline since March

U.S. stock indexes closed lower on Friday to cap Wall Street's biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the..

Credit: Reuters Studio     Duration: 02:06Published
Why is Wall Street leaning left? [Video]

Why is Wall Street leaning left?

Wall Street banks and their employees have been leaning further left in recent years, increasing the proportion of cash allocated to Democrats. Democratic presidential nominee Joe Biden has..

Credit: Reuters - Politics     Duration: 03:17Published
Wall Street tumbles as virus cases soar [Video]

Wall Street tumbles as virus cases soar

U.S. stocks tumbled on Monday, with the S&P 500 posting its biggest daily decline in four weeks, as soaring coronavirus cases and uncertainty about a fiscal relief bill in Washington dimmed the outlook..

Credit: Reuters Studio     Duration: 02:00Published
Trouble for markets, if tech earnings disappoint: Kramer [Video]

Trouble for markets, if tech earnings disappoint: Kramer

Hilary Kramer, CIO of Kramer Capital Research, joins Yahaira Jacquez to discuss stocks on Wall Street falling sharply on Monday and her take on tech earnings coming up this week.

Credit: Reuters Studio     Duration: 05:55Published
Wall Street closes lower on vaccine delay [Video]

Wall Street closes lower on vaccine delay

Wall Street lost ground on Tuesday, with halted COVID-19 vaccine trials and an elusive U.S. stimulus agreement weighing on sentiment as third quarter earnings season got underway. Fred Katayama..

Credit: Reuters Studio     Duration: 01:35Published
Trump pulls plug on COVID-19 relief talks [Video]

Trump pulls plug on COVID-19 relief talks

In a shocking move one day after leaving the hospital from a COVID-19 infection, President Trump ordered Republicans to walk away from economic stimulus talks. Conway G. Gittens has the details.

Credit: Reuters - Politics     Duration: 02:16Published
Wall Street drops after Trump calls off relief talks [Video]

Wall Street drops after Trump calls off relief talks

U.S. stocks fell sharply Tuesday to close lower after President Donald Trump said he was calling off negotiations with Democratic lawmakers on coronavirus relief legislation until after the election...

Credit: Reuters Studio     Duration: 01:22Published
Tax policy key to 1st Trump-Biden debate -Wall St. investor [Video]

Tax policy key to 1st Trump-Biden debate -Wall St. investor

Future tax policy, fiscal spending and budget deficit reduction plans are some of the key things Wall Street will be listening for in the first 2020 U.S. presidential debate, chief investment officer..

Credit: Reuters Studio     Duration: 06:35Published
Wall Street closes higher in broad rally [Video]

Wall Street closes higher in broad rally

Wall Street rallied to close sharply higher on Monday as investors sought bargains among sectors hardest-hit by the coronavirus recession, now limping toward its ninth month. This report produced by..

Credit: Reuters Studio     Duration: 01:42Published

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James D. Wolfensohn, Who Led the World Bank for 10 Years, Dies at 86

He was a force on Wall Street before taking the reins of the bank in 1995, then proceeded to shake it up. He did the same at both Carnegie Hall and the Kennedy Center.
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Janet Yellen will champion Main Street, not Wall Street

President-elect Joe Biden's pick for Treasury secretary has long worried that the middle class keeps falling behind in today's economy.
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Elon Musk On Pace to Become Third Richest Person in World

Elon Musk had a great day on Wall Street to start the week -- helping him leapfrog Mark Zuckerberg on the list for world's richest and landing him in a comfortable third overall. The Tesla and SpaceX..
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Wall Street reacts to election as vote count goes on

Washington Post economics correspondent Heather Long joins CBSN to discuss how the New York Stock Exchange and financial markets across the globe are reacting to the U.S. presidential election as vote..
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How Wall Street is sizing up the election

The stock market won't tell us the winner, but it could indicate what is next for the U.S. economy.
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Biden vs Trump: Dow futures fluctuate as Wall Street awaits presidential election results

Stock futures fluctuated Tuesday evening as investors awaited election results, with hotly contested states like Florida and Ohio up in the air.
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What Wall Street will be watching as votes are counted.


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Dow drops 650 points as coronavirus counts jump

Stocks careened Monday as a spike in COVID-19 cases raised concerns on Wall Street that more woes could be ahead for the still-fragile global economy.
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Today in History for October 19th

Highlights of this day in history: British surrender at Yorktown decides American Revolution; Stock market crash hits Wall Street in late 1980s; Napoleon's forces begin retreat from Moscow; Concorde..
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'Stock market up big': Wall Street recovers more losses on hopes of a stimulus

Stocks are rising Monday, as hopes for economic aid from Washington help Wall Street shake off to Trump's positive test result for coronavirus,
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Markets react to President Trump, first lady testing positive for COVID-19

Wall Street opened higher Friday after President Trump tested positive for COVID-19. CBS News business analyst Jill Schlesinger joined “CBS This Morning” to discuss the possible impact of his..
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Wall Street tumbles amid bank allegations, rising COVID-19 rates

Banks were profiting from illicit dealings with disreputable people and criminal networks, report alleges.
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Stock market battered: Dow Jones down as banks suffer, economic concerns grip investors

Stocks are falling sharply in early trading on Wall Street Monday, joining a global tumble for markets as the S&P 500 sinks nearly 2%.
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Jane Fraser named CEO of Citigroup, becoming first woman to lead a major Wall Street bank

Jane Fraser is set to become the first woman to run a major Wall Street bank, succeeding Michael Corbat as Citigroup CEO when he retires in February.
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Is the stock market headed for another crash? Not likely but more volatility could be ahead, experts say

Wall Street rebounded Wednesday following its first three-day losing streak in nearly three months, temporarily halting the most brutal stretch for stocks since June.
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Stocks bounce back as tech bloodletting halts

Wall Street snapped back to life on Wednesday, recovering from its worst stretch of losses in months, as the bloodletting for big technology stocks came to at least a temporary halt. (Sept. 9)  
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Tech tanks again; Tesla dives after S&P 500 rebuff

Wall Street rout gains traction as stocks of the electric-car maker plummet 15% following its exclusion from benchmark index.
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Workers and investors see two different pandemic economies

Permanent job losses rose and hiring slowed in August, according to the latest Bureau of Labor Statistics report, but the unemployment rate is back in single digits for the first time since March. CBS..
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Wall Street is booming while millions of people are still unemployed

While Wall Street is booming, Main Street is seeing millions of Americans file for unemployment. Experts say it has created big winners and big losers. Mark Strassmann reports.
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Elizabeth Warren, who speaks tonight, has challenged Wall Street. What will that mean for her future?


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Why is the stock market hitting records when unemployment is 10%?

Wall Street has gained back all its losses from the coronavirus-induced drop in March.
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Inside the world of Twitter

With a $31 billion public offering, Twitter's debut on Wall Street was a dazzling vote of confidence from investors around the world. Twitter's co-founder Jack Dorsey shares his big vision for the..
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Ford Replaces Its C.E.O.

Jim Hackett, who failed to impress Wall Street, will be replaced by James Farley, an auto industry veteran who started his career at Toyota.
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Microsoft sees $95 billion boost on possible TikTok deal

Wall Street loves the software giant's "big bet" as a way to attract consumers and take on Facebook.
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Joe Biden Gets Help From Big Names Writing Huge Checks

Mr. Biden is relying on some of his party’s wealthiest donors — and power brokers in Silicon Valley, Hollywood and Wall Street — to cut President Trump’s financial edge, new filings show.
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Stock Markets Jump Globally After Wall Street’s Rally: Live Updates

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AP Top Stories June 12 A

Here's the latest for Friday June 12th: Stock markets pick up after heavy Wall Street rout; At least four killed when bomb explodes in Afghan mosque; Police stop Black Lives Matter rally in Sydney; Van..
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Stock Markets in Europe Fall. Wall Street May Follow.

The latest on stock market and business news during the coronavirus outbreak.
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Goldman Sachs executive's email making plea for racial equality goes viral at firm

An email by a Goldman Sachs Group Inc employee about his experiences of racial injustice and criticizing managers at the Wall Street bank for not supporting junior bankers from diverse backgrounds went..
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Citigroup's Mason expresses horror over Minneapolis killing

Citigroup Inc Chief Financial Officer Mark Mason, one of the few black executives on Wall Street, published a personal essay on Friday expressing his "horror, disgust and anger" over the killing of..
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Asian Markets Follow Wall Street’s Rise: Live Business Updates

Live Stock Market News During the Coronavirus Pandemic
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Powell interview, vaccine news moves market higher

Stocks are moving higher on Wall Street, extending a global rally, as the U.S. market bounces back from its worst week in two months. (May 18)  
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Coronavirus Live Updates: Vaccine Tests Show Early Promise, Drug Maker Says, Rallying Wall Street

President Xi Jinping of China defended his country’s handling of the outbreak. Monday is the deadline for public companies in the U.S. to decide whether to return P.P.P. loans. Researchers in..
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Stock Market Live Coverage: Wall Street is Unsteady

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Carole Brookins, a Rare Woman on 1970s Wall Street, Dies at 76

She was an expert in the global political economy, with a specialty in agriculture, and served as executive director of the World Bank. She fell victim to the novel coronavirus.
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Trump Announces His ‘Opening the Country’ Council

He read off dozens of prominent names from Wall Street, Silicon Valley and the sports world. At least one person on the list was surprised to be on it.
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Stocks rise on upbeat virus news

A worldwide rally gained steam on Wall Street Monday, propelling major indexes up more than 7%. (April 6)  
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Coronavirus live updates: US death toll tops 6,000; Wall Street braces for Labor Department jobs report; should Americans wear face masks?

Friday's news includes expected guidance from the White House on face masks, a dismal jobs report and the US surpassing 6,000 coronavirus deaths.
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US stocks tumble despite stimulus agreement

Wall Street capped a week of outsize gains for the stock market with more losses Friday as investors held out hope that a big economic rescue package will help cushion ailing businesses and households..
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'Most photographed' NYSE trader contracts coronavirus

Peter Tuchman, dubbed the "most photographed trader on Wall Street", took to Instagram on Thursday to tell his 10,000-odd followers that he had tested positive for coronavirus.
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Trump, Pence held call with investors on economy - administration official

U.S. President Donald Trump and Vice President Mike Pence held a conference call on Tuesday with Wall Street investors to discuss the U.S. economy, the Federal Reserve and other issues, an..
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Trump blasts media as anxious Americans come to grips with coronavirus pandemic

U.S. President Donald Trump on Friday capped a tumultuous week as Americans faced sweeping life changes and massive Wall Street losses amid the fast-spreading coronavirus outbreak by turning to a..
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Stocks Push Higher Amid Wall Street Turmoil: Live Markets Updates

Stocks remained volatile even as governments took steps to offset the sharp decline gripping their economies.
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Dow loses almost all that it gained during Trump's presidency

As Wall Street extended its deep sell-off on Wednesday over fears about the coronavirus, the Dow Jones Industrial Average effectively erased the last of the once sizeable gains it made under U.S...
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Fed cuts rates and NYC, LA close restaurants to fight coronavirus

With panic buying on Main Street and fear-driven sell-offs on Wall Street, the U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the U.S. economy..
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U.S. death toll hits 65 from coronavirus, Fed cuts rate, NYC will shutter restaurants, bars, theaters

With panic buying on Main Street and fear-driven sell-offs on Wall Street, the U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the U.S. economy..
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Wall Street Rebounds After Historic Plunge: Live Market Updates

Global shares tumbled early in the day but made up ground as investors showed renewed optimism. A volatility index reached a 30-year high.
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Stocks poised to open higher after Wall Street's worst day since 1987

Global stocks swung wildly Friday after Wall Street suffered its biggest drop since the "Black Monday" crash of 1987.
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Coronavirus updates: Testing is 'No. 1 issue' for US as death toll hits 40; Wall Street drop spooks world markets

The coronavirus pandemic triggered a wave of historic measures and another steep drop for U.S. stocks. Here's a recap of the latest news.
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Life upended for Americans as U.S. scrambles to contain coronavirus threat

From Disneyland to the U.S. Supreme Court, from Wall Street to Dodgers Stadium, nearly every facet of American life fell into turmoil on Thursday as the coronavirus outbreak forced sweeping closures..
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