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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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US markets plunge on virus fears

Stocks slumped again on Wall Street Tuesday, piling on losses a day after the market's biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global..
USATODAY.com - Published

Wall Street's coronavirus panic means little for Americans without wealth to invest

For the half of workers with a 401(k), today's stock market loss is serious. But the real problem is the inability of many workers to save much at all.
USATODAY.com - Published

Videos for Wall Street


Wall St slump deepens on U.S. coronavirus warning [Video]Wall St slump deepens on U.S. coronavirus warning

Stocks tumbled for a fourth straight session and bond yields set historic lows after the CDC warned the coronavirus is likely to break-out in the U.S. Conway G. Gittens has the full market reaction.

Credit: Reuters Studio     Duration: 02:33Published

CDC warns U.S. on coronavirus; stock losses deepen [Video]CDC warns U.S. on coronavirus; stock losses deepen

The U.S. Centers for Disease Control and Prevention on Tuesday alerted Americans to prepare for the possible spead of the coronavirus to the U.S., sparking another sharp drop on Wall Street. Conway G...

Credit: Reuters Studio     Duration: 02:27Published

Wall Street plunges as coronavirus spreads [Video]Wall Street plunges as coronavirus spreads

The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global..

Credit: Reuters Studio     Duration: 02:37Published

More selling ahead amid coronavirus fears: analyst [Video]More selling ahead amid coronavirus fears: analyst

Kramer Capital Research's Hilary Kramer sees more downside risk after Monday's steep sell-off on Wall Street. Any countermeasures taken by the Fed to bolster the economy, she says, are likely to be..

Credit: Reuters Studio     Duration: 07:47Published

Dow sheds 900 points at the open [Video]Dow sheds 900 points at the open

The Dow plunged more than 900 points at the market open Monday after a sharp rise in coronavirus cases outside China stoked fears of a bigger impact to global growth. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:28Published

Can Sanders Win Latinos? [Video]Can Sanders Win Latinos?

Bernie Sanders has made enormous efforts to win Latino voters. Nevada presents the first test of Sanders ability to turn out Latinos. Latinos could account for 20 percent of caucus-goers. Winning..

Credit: Wochit News     Duration: 00:46Published

Dish loses fewer pay TV customers [Video]Dish loses fewer pay TV customers

Dish Network lost fewer pay-TV subscribers in the latest quarter. As Fred Katayama reports, the satellite TV provider also posted profit that easily beat expectations.

Credit: Reuters Studio     Duration: 01:19Published

Small pre-holiday moves on Wall Street [Video]Small pre-holiday moves on Wall Street

Stocks didn't move far on Friday as coronavirus fears encouraged investors not to make any big moves ahead of a long holiday weekend. Conway G. Gittens has the wrap.

Credit: Reuters Studio     Duration: 01:52Published

Week ahead: Walmart results, housing and coronavirus watch [Video]Week ahead: Walmart results, housing and coronavirus watch

Key events for Wall Street next week include quarterly results from retail giant Walmart, monthly home construction and resale data, as well as any updates on the coronavirus outbreak in China. Conway..

Credit: Reuters Studio     Duration: 01:29Published

A dip on Wall Street as coronavirus fears strike [Video]A dip on Wall Street as coronavirus fears strike

Wall Street finished lower on Thursday as investors took a cautious stance after a spike in the number of new coronavirus cases and deaths in China. Conway G. Gittens has the recap.

Credit: Reuters Studio     Duration: 01:51Published

Tesla plans $2 billion offering amid stock boom [Video]Tesla plans $2 billion offering amid stock boom

Tesla on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s..

Credit: Reuters Studio     Duration: 01:06Published

Wall St. hits record highs as virus fears ease [Video]Wall St. hits record highs as virus fears ease

Wall Street set record-closing highs for the Dow, Nasdaq and S&P 500 as investors cheered signs that the worst of China's coronavirus scare could be behind us. Conway G. Gittens has the market action.

Credit: Reuters Studio     Duration: 01:40Published

Wall Street Waves Off Sanders Candidacy [Video]Wall Street Waves Off Sanders Candidacy

Bernie Sanders is on the rise. He did well at the Iowa caucus, winning the states popular vote. He squeaked out a victory in New Hampshire. Many Democrats think Sanders is now the frontrunner. However,..

Credit: Wochit News     Duration: 00:45Published

S&P 500, Nasdaq edge up to record highs [Video]S&P 500, Nasdaq edge up to record highs

The S&P 500 and the Nasdaq inched up to their second consecutive record closing highs on Tuesday after Chinese officials said the deadly coronavirus epidemic could be contained by April. Fred Katayama..

Credit: Reuters Studio     Duration: 01:16Published

S&P 500, Nasdaq reach record closing highs [Video]S&P 500, Nasdaq reach record closing highs

The S&P 500 and the Nasdaq closed at record highs on Monday as Chinese workers and factories slowly returned to business following a Lunar New Year holiday that was protracted by the deadly coronavirus..

Credit: Reuters Studio     Duration: 01:20Published

Wall Street Set For Subdued Open [Video]Wall Street Set For Subdued Open

(Reuters) - Wall Street was set to open largely unchanged on Monday after last week’s strong gains as investors kept an eye on the economic impact from the coronavirus outbreak and company updates,..

Credit: Wochit News     Duration: 00:33Published

Indexes fall off record highs [Video]Indexes fall off record highs

Wall Street pulled back from record levels Friday after a four-day rally as investors digested a report showing U.S. job growth accelerated last month and braced for the next developments involving the..

Credit: Reuters Studio     Duration: 01:11Published

European stocks shrug off virus worries, hit record highs [Video]European stocks shrug off virus worries, hit record highs

European stocks shrugged off coronavirus worries Thursday to hit record highs, with robust earnings reports among the positives for investors. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:20Published

Record closing highs for S&P 500, Nasdaq [Video]Record closing highs for S&P 500, Nasdaq

The S&P 500 and Nasdaq set record closing highs amid a broad stock market rally fueled by upbeat economic data and waning coronavirus fears. Conway G. Gittens has the roundup.

Credit: Reuters Studio     Duration: 01:51Published

Wall Street jumps as China measures soothe virus worries [Video]Wall Street jumps as China measures soothe virus worries

The Nasdaq hit a record high Tuesday and the S&P 500 posted its biggest one-day gain in about six months as fears of an economic impact from the coronavirus outbreak waned after China's central bank..

Credit: Reuters Studio     Duration: 01:28Published

Tesla skyrockets to record above $900 a share [Video]Tesla skyrockets to record above $900 a share

Tesla continued its record run on Wall Street as optimism surrounding its electric vehicle battery technology pushed the stock above $900 a share for the first time. Conway G. Gittens reports.

Credit: Reuters Studio     Duration: 01:32Published

Wall Street rebounds from virus fears [Video]Wall Street rebounds from virus fears

U.S. stocks rallied on Monday, helped by gains in heavyweight technology shares and surprise strength in U.S. manufacturing activity, following a sharp selloff last week sparked by concerns about..

Credit: Reuters Studio     Duration: 01:41Published

Virus fears, weak data spark 600-pt Dow plunge [Video]Virus fears, weak data spark 600-pt Dow plunge

Wall Street had its biggest one-day drop since October, capping off the worst January in four years as coronavirus fears, economic jitters and disappointing earnings fueled investor anxiety. Conway G...

Credit: Reuters - Politics     Duration: 02:07Published

Amazon 4th-Quarter Earnings [Video]Amazon 4th-Quarter Earnings

AP Photo/Lefteris Pitarakis Amazon is set to report its fourth-quarter earnings after the market closes on Thursday. The report stands to reverse some of the negative sentiment sourced from its last..

Credit: Wochit News     Duration: 00:36Published

Tesla, Microsoft, Facebook earnings roundup [Video]Tesla, Microsoft, Facebook earnings roundup

Tesla and Microsoft topped Wall Street earnings expectations on Wednesday, while Facebook reported rising costs and expenses. Yahaira Jacquez reports.

Credit: Reuters Studio     Duration: 01:01Published

 

Battle against coronavirus turns to Italy; Wall Street falls on pandemic fears

The coronavirus death toll climbed to seven in Italy on Monday and several Middle East countries were dealing with their first infections, sending markets into a tailspin over fears of a global..
Reuters - Published

Presidential hopeful Bloomberg proposes new taxes, protections to rein in Wall Street

U.S. Democratic presidential candidate Michael Bloomberg on Tuesday outlined a sweeping financial services policy proposal to rein in Wall Street trading, boost consumer protections, increase..
Reuters - Published

Factbox: Bloomberg's plan to rein in Wall Street borrows from Warren's playbook

On Tuesday, U.S. Democratic presidential candidate Michael Bloomberg unveiled a sweeping, left-leaning financial services agenda.
Reuters - Published

U.S. Democratic presidential hopeful Bloomberg unveils plan to rein in Wall Street

U.S. Democratic presidential candidate Michael Bloomberg on Tuesday outlined a sweeping financial services policy proposal to rein in Wall Street trading, boost consumer protections, increase..
Reuters - Published

Democratic presidential hopeful Bloomberg calls for tighter financial industry regulations

U.S. Democratic presidential candidate Michael Bloomberg on Tuesday proposed a raft of new regulations aimed at Wall Street, including a financial transactions tax of 0.1% and strengthening consumer..
Reuters - Published

Ex-Goldman Sachs VP renews lawsuit alleging anti-LGBTQ bias

A former Goldman Sachs Group Inc vice president has renewed his lawsuit accusing the Wall Street bank of firing him after he complained about being discriminated against because he was gay.
Reuters - Published

Dow plunges 600 points as coronavirus fears cap turbulent week on Wall Street

U.S. stocks fell broadly on Friday amid ongoing uncertainty about the potential economic impact of the virus outbreak that originated in China.
USATODAY.com - Published

Stock market shakes off Iran jitters for now, but investors could still be in for a bumpy ride in 2020

Wall Street shook off geopolitical jitters with Iran for now, but investors could still be in for a bumpy ride this year.
USATODAY.com - Published

Factbox: Sizing up retailers' performance as online sales surge

As online shopping upends the retail business, many Wall Street analysts say traditional measures such as counting the number of people who visit stores on major shopping days are no longer a reliable..
Reuters - Published

Trump impeachment? History suggests Wall Street need not worry

As U.S. President Donald Trump on Wednesday appeared on the brink of becoming only the third U.S. president ever to be impeached, history suggests investors need not worry, even though it adds..
Reuters - Published

Donald B. Marron, Financier, Art Collector and Philanthropist, Dies at 85

Mr. Marron began his Wall Street career as a teenager before becoming a business leader and supporter of the arts.
NYTimes.com - Published

Goldman Sachs: Unemployment rate to drop to near 70-year low

Top Wall Street economist says odds of a recession next year in U.S. have fallen to just 1 in 5.
CBS News - Published

World's largest hedge fund bets market will crash

$150 billion fund headed by Ray Dalio, one of Wall Street's top China experts, puts money on U.S. stock drop by March
CBS News - Published

China trade war worries are back on Wall Street

Concerns that U.S. won't reach a trade deal with the world's second-largest economy has turned investors cautious
CBS News - Published

Still no China trade deal, and investors are getting jittery

Wall Street analysts say U.S. lawmakers' support for Hong Kong pro-democracy activists could upend trade talks
CBS News - Published

Congress probes private equity's impact on employers

Former Toys R Us worker wants Wall Street held accountable for profiting while laying off tens of thousands of workers
CBS News - Published

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

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

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