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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 running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry, or New York–based financial interests.

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Investors not fretting about impeachment as stocks notch new highs

Despite President Trump's contention, Wall Street seems mostly unfazed by the political turbulence whipsawing Washington
CBS News - Published

The new face of labor

Meet the woman who's been called "the most powerful labor leader in the country": Sara Nelson, president of the Association of Flight Attendants-CWA, a working mother who has led her organization..
CBS News - Published

Videos for Wall Street


Alibaba poised for record HK IPO - sources [Video]Alibaba poised for record HK IPO - sources

Chinese e-commerce giant Alibaba is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to sources. David Pollard reports.

Credit: Reuters Studio     Duration: 01:14Published

Wall Street Slips: Trump, Hong Kong [Video]Wall Street Slips: Trump, Hong Kong

(Reuters) - Wall Street’s main indexes fell on Monday, as prospects of a quick resolution to the U.S.-China trade war dimmed following comments from President Donald Trump, while escalating violence..

Credit: Wochit News     Duration: 00:35Published

Wall Street eyes Washington next week [Video]Wall Street eyes Washington next week

Investors will be listening to what Fed chair Jerome Powell says on the Hill next week. Wall Street also gets the latest data on inflation, and Disney launches its streaming service. Fred Katayama..

Credit: Reuters Studio     Duration: 01:00Published

Wall St. looks 'pretty good' at record highs -Colas [Video]Wall St. looks 'pretty good' at record highs -Colas

DataTrek Research co-founder Nick Colas says Wall Street's record high looks 'pretty good' because financials and 'old school' tech like Apple and Microsoft are leading the rally, with improved..

Credit: Reuters Studio     Duration: 06:14Published

Peloton shares drop after first earnings report [Video]Peloton shares drop after first earnings report

Shares in exercise bike fitness startup Peloton Interactive sank on Tuesday after its CEO said the company was choosing to focus on growth over profit for now. Yahaira Jacquez reports.

Credit: Reuters Studio     Duration: 01:07Published

Uber loss grows but CEO predicts 2021 profit [Video]Uber loss grows but CEO predicts 2021 profit

Uber lost more money in the third quarter compared to last year and the number of monthly active users came in weaker than anticipated. Conway G. Gittens has the details.

Credit: Reuters Studio     Duration: 01:08Published

Dow joins S&P 500, Nasdaq at record highs [Video]Dow joins S&P 500, Nasdaq at record highs

The Dow set a record closing high, joining the S&P 500 and the Nasdaq in doing so amid optimism surrounding corporate earnings and 'phase one' of the U.S.-China trade deal. Conway G. Gittens reports.

Credit: Reuters Studio     Duration: 01:15Published

Factory data, trade worries sink Wall Street [Video]Factory data, trade worries sink Wall Street

Wall Street lost ground on Thursday as data showed midwest manufacturing falling into a deeper slump and concerns about the U.S.-China trade war truce rattled investors. Conway G. Gittens wraps up the..

Credit: Reuters Studio     Duration: 01:49Published

Fed sends S&P 500 to another record close [Video]Fed sends S&P 500 to another record close

The S&P 500 closed at a record high after Federal Reserve Chairman Jerome Powell lowered interest rates and expressed confidence the economy can keep growing without another rate cut. Conway G. Gittens..

Credit: Reuters Studio     Duration: 02:04Published

Virgin Galactic takes off in NYSE debut [Video]Virgin Galactic takes off in NYSE debut

Virgin Galactic started trading on the New York Stock Exchange on Monday, becoming the first space tourism company to hit public markets. Yahaira Jacquez reports.

Credit: Reuters Studio     Duration: 01:57Published

Jeff Bezos' Net Worth Falls [Video]Jeff Bezos' Net Worth Falls

Bezos can blame his company's third quarter earnings, which came in below Wall Street's estimates and sent the company's shares tumbling. Much of Bezos' wealth is tied to Amazon's stock. He owns..

Credit: Wochit News     Duration: 00:33Published

Week ahead on Wall Street [Video]Week ahead on Wall Street

Investors will have a lot to juggle next week: a Fed meeting on interest rates, the October jobs report, and earnings from tech titans Apple and Facebook. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:10Published

Amazon's gloomy holiday outlook drives down shares [Video]Amazon's gloomy holiday outlook drives down shares

Amazon on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally. Lisa..

Credit: Reuters Studio     Duration: 01:14Published

Wall St. drops as Brexit strikes again [Video]Wall St. drops as Brexit strikes again

U.S. stocks ended lower Tuesday after British lawmakers rejected a timetable for Brexit, which offset positive U.S. third-quarter earnings. Conway G. Gittens has the rundown.

Credit: Reuters Studio     Duration: 02:00Published

Trade hopes lift stocks but Boeing slumps [Video]Trade hopes lift stocks but Boeing slumps

Wall Street finished higher on renewed hopes the U.S. and China are making progress on ending their trade war but Boeing shares slumped after a number of analyst downgrades. Conway G. Gittens has the..

Credit: Reuters Studio     Duration: 01:44Published

Wall Street pressured by global growth concerns [Video]Wall Street pressured by global growth concerns

Yahaira Jacquez wraps up Friday's market action on Wall Street.

Credit: Reuters Studio     Duration: 01:45Published

Key earnings next week: McDonald's, Boeing, Caterpillar [Video]Key earnings next week: McDonald's, Boeing, Caterpillar

Earnings season heats up in the coming week with key quarterly results and updates from several marquee names including McDonald's, Boeing, Catepillar, Microsoft and Amazon. Conway G. Gittens has the..

Credit: Reuters Studio     Duration: 01:45Published

Wall Street slips as weak economic data offsets earnings strength [Video]Wall Street slips as weak economic data offsets earnings strength

Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter..

Credit: Reuters Studio     Duration: 01:31Published

Upbeat earnings results lift stocks [Video]Upbeat earnings results lift stocks

Wall Street advanced Tuesday as the third-quarter earnings season hit the ground running with a spate of upbeat reports that brought buyers back to the equities market. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:13Published

Big banks say U.S. consumers sturdy [Video]Big banks say U.S. consumers sturdy

Quarterly results from four of the largest U.S. banks Tuesday showed that American consumers are helping to prop up the economy, even as recession fears have led businesses to pull back on spending and..

Credit: Reuters Studio     Duration: 01:13Published

Stocks pare gains on partial trade deal [Video]Stocks pare gains on partial trade deal

U.S. stocks ended more than 1% higher Friday, but below their session highs after the announcement of a partial trade deal between the United States and China. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:10Published

Dueling headlines ahead of trade war talks [Video]Dueling headlines ahead of trade war talks

Beijing has lowered expectations for significant progress from this week's trade talks with the U.S., sources told Reuters but other media reported China is open to a partial agreement. Conway G...

Credit: Reuters Studio     Duration: 02:29Published

 

Wall Street's Shadow Market

Steve Kroft lifts the veil on credit default swaps -- the private, under-regulated and poorly understood investments that helped decimate the economy. How and why did Wall Street make such a risky bet?
CBS News - Published

October 5, 2008: Wall Street's financial crisis

Steve Kroft examined a vast unregulated shadow market in leveraged bets called "credit default swaps"
CBS News - Published

Pelley to Fed Chair: Are American banks safe today?

In the 2008 Great Recession, taxpayers were forced to bail out reckless Wall Street excess. Scott Pelley asks Fed Chair Jerome Powell: How safe are banks today?
CBS News - Published

Today in History for October 29th

Highlights of this day in history: 'Black Tuesday' on Wall St. as the Great Depression begins; Osama bin Laden admits ordering the Sept. 11th attacks; Suez crisis heats up Mideast; McKinley assassin..
USATODAY.com - Published

Alphabet earnings fall short of Wall Street forecasts

Google's parent company reported healthy revenue growth in its latest quarter, but profits disappointed
CBS News - Published

Tesla short-sellers lose $1.5 billion in a single day

Bearish investors who've been shorting Tesla stock – betting its price would fall – lost big time when Elon Musk's electric car company shocked Wall Street with positive news that sent the stock..
CBS News - Published

GM contract vote by striking UAW workers heads into final hours

Striking workers at General Motors Co factories in the United States finish voting on Friday on a proposed four-year contract that could end a 39-day strike that has cost the No. 1 U.S. automaker more..
Reuters - Published

Protestors pour fake blood on NYC bull statue

Dozens of people protested a lack of action to combat climate change in New York on Monday morning by pouring fake blood all over the iconic Charging Bull statue near Wall Street. (Oct. 7)  
USATODAY.com - Published

If you want smart investing advice, check out these 7 legendary Wall Street thinkers

For the best investing advice, consider the approach of these seven legendary investors. The more you study them, the better you'll fare.
USATODAY.com - Published

A Raging Son

A Weight Watchers executive is murdered by her Wall Street lawyer boyfriend. Did his mother's neglect 30 years ago push him to kill? Troy Roberts investigates.
CBS News - Published

Paradise Lost

A Costa Rican paradise turns into a house of horror. How did a Wall Street millionaire end up shot dead in his bedroom? "48 Hours" correspondent Susan Spencer investigates. | Read more
CBS News - Published

U.S. taxpayers at risk for homes threatened by climate change

Wall Street firms are offloading mortgages to Fannie Mae and Freddie Mac for vulnerable coastal properties.
CBS News - Published

How will the impeachment inquiry impact the markets?

The announcement of a formal impeachment inquiry into President Trump has caused some concern for investors on Wall Street. Earlier, the president took to Twitter, claiming the impeachment inquiry will..
CBS News - Published

How Being a 13-Year-Old Busboy Prepared Darren Walker to Lead the Ford Foundation

Mr. Walker rode the United States’ “mobility escalator” from rural Texas to Wall Street. Now he feels “both gratitude and rage” for a country that he says has reached an inflection point.
NYTimes.com - Published

How companies make money off climate change

Wall Street is seeing opportunities for profit in higher sea levels, hotter weather and drier soil.
CBS News - Published

Chronicling New York’s Muslim History

Tours through Harlem and Wall Street, along with a new exhibition in Brooklyn, tell all-but-forgotten stories.
NYTimes.com - Published

Ralph Lauren turns fashion show into a nightclub

Ralph Lauren created a nightclub inside a Wall Street building to debut his fall collection at New York Fashion Week. (Sept. 8)  
USATODAY.com - Published

Consumers spend more than half a billion dollars replacing lost AirPods

Replacement AirPods and their cases will account for 5% to 7% of all AirPod sales this year – or more than $750 million – according to one Wall Street analyst.
CBS News - Published

The fall movies worth watching

The highly-anticipated movie "Downton Abbey" will hit theaters next month. It's just one of the big fall movie releases that Hollywood hopes will boost box office sales after a slow summer. Other..
CBS News - Published

Trump says he will raise U.S. tariffs on Chinese goods

President Trump hit China with new tariffs as retaliation for tariffs China slapped on U.S. goods. The escalating trade war has Wall Street very worried. Weijia Jiang reports.
CBS News - Published

Beyond Meat frenzy paves way for Wall Street's first vegan ETF

Fund is the first of what could be a wave of investments for people who want to put their money behind animal rights
CBS News - Published

Hedge funds making millions off Europe's killer heat waves

Carbon-emission credits are hotter than ever on Wall Street, attracting investors eager to cash in on climate change
CBS News - Published

Trump trade adviser downplays impact of China tariffs on consumers

The U.S. trade war with China helped send stock prices down this week, and Wall Street's wild ride fueled fears of a recession
CBS News - Published

Trump touts strong economy despite Wall Street losses

Stocks rallied Friday after a tumultuous week on Wall Street. But despite growing fears of a recession, President Trump continues to tout a strong economy which he believes will win him a second term...
CBS News - Published

Trump pushes back against recession fears

Wall Street closed a wild week with a rally. President Trump is betting on a strong economy to win a second term. Paula Reid explains.
CBS News - Published

Eye Opener: A wild standoff in Philadelphia

A standoff in Philadelphia paralyzes a neighborhood. Also, fears of another recession are causing panic on Wall Street. All that and all that matters in today's Eye Opener. Your world in 90 seconds.
CBS News - Published

Is the U.S. headed for a recession?

There are new fears of a recession, and Wall Street took a hit Wednesday. CBS News business analyst Jill Schlesinger joins the "CBS Evening News" to explain.
CBS News - Published

U.S. delays some tariffs amid trade war with China

Wall Street reacted instantly to news the president was temporarily backing off of new tariffs on some Chinese goods. Now, items like cell phones, laptops and video game consoles, won't be taxed until..
CBS News - Published

Farmers fear impact of escalating trade war with China

Wall Street stabilized as the Dow gained back nearly half of what it lost Monday when traders grew anxious over the escalating trade war with China. But American farmers are still worried. Mark..
CBS News - Published

Stock markets plunge as U.S.-China trade war escalates with no end in sight

The trade battle between the U.S. and China is rocking stock markets around the world. Market futures predict a rebound today after Wall Street's worst day of the year. Major indexes lost nearly 3% or..
CBS News - Published

Stocks mimic Wall Street's plunge before steadying in Asia

Big U.S.-China Trade war escalation shakes up traders
CBS News - Published

Mass shootings no longer Wall Street payday for gun investors

American Outdoor Brands, the owner of Smith & Wesson, is having a harder time cashing in on "fear-based buying."
CBS News - Published

Dow Jones plummets amid U.S. trade tensions with China

Stocks closed sharply lower on Wall Street Monday after China let its currency sink to the lowest level against the dollar in more than a decade. That follows tweets from President Trump last week..
CBS News - Published

Meat-alternative purveyor Beyond Meat sizzles in market debut

The food startup markets its plant-based products to meat lovers, not vegans — and Wall Street is eating that up.
CBS News - Published

Netflix stock tanks after U.S. subscriber count falls

Is the rocket ride over for one of Wall Street's best-performing stocks of the past decade?
CBS News - Published

Hot tech sector, Wall Street drive record Manhattan leasing

A boom on Wall Street and a thriving technology sector have pushed the unemployment rate in Manhattan to record lows and propelled office leasing activity to its best first six months of a year in a..
Reuters - Published

Dow 27,000? Almost there, with new high for index

S&P 500 also closes at a record ahead of July 4 holiday as Wall Street cheers easing of U.S.-China trade tensions
CBS News - Published

Bernie Sanders: Free Americans by canceling $1.6 trillion in outstanding student loan debt

The middle class bailed out Wall Street 10 years ago. Now it’s Wall Street's turn to bail out the educational debt, writes Sen. Bernie Sanders, I-Vt.
USATODAY.com - Published Also reported by •Reuters

Bernie Sanders proposes eliminating all student debt

Sen. Bernie Sanders, along with Reps. Pramila Jayapal, Ilhan Omar and Alexandria Ocasio-Cortez, introduced a plan to eliminate all $1.6 trillion in student debt by taxing transactions on Wall Street...
CBS News - Published

Sanders wants to erase student debt by taxing Wall Street

Vermont senator and presidential candidate also wants to provide free college tuition at state universities
CBS News - Published

Bernie Sanders to unveil plan to forgive $1.6 trillion in student loan debt, reports say

To fund his massive loan forgiveness plan and public investment in higher education, the Vermont independent will push for a new tax on Wall Street.
USATODAY.com - Published

Wall Street ends higher after the Fed's hold-steady decision

Investors took the central bank's decision and revised outlook in stride, without reacting extremely one way or the other
CBS News - Published

Wall Street Donors Are Swooning for Mayor Pete. (They Like Biden and Harris, Too.)

Joe Biden, Pete Buttigieg and Kamala Harris are generating the most buzz, but for different reasons. Hometown candidates like Kirsten Gillibrand and Bill de Blasio are stirring less excitement.
NYTimes.com - Published

Money Is Not Just for Men

Sallie Krawcheck — once a Wall Street executive, now an advocate for women investing — on how women can get their fair share.
NYTimes.com - Published

Bernie Sanders: Jamie Dimon didn't criticize socialism during Wall St. bailout

JPMorgan CEO rebuked by presidential candidate after saying a socialist course for country would be a "huge mistake"
CBS News - Published

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