Stock Market Plummets Amidst Growing Fears Of COVID's Delta Variant
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?
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?
Wall Street is dealing with a correction, not a crash, says Morgan Stanley's Bob Manning.
The Dow began in 1896 with 12 industrial stocks.
On today's show, Rich discussed Debbie Wasswerman Shultz decision to question the legitimacy of November's election, director Josh Whedon's criticisms of Ivanka Trump, and the Trump administration defunding of sanctuary cities. At 3:15pm U.S. Congresswoman Marsha Blackburn, from the 7th District of Tennessee, called in to talk about the GOP retreat in Philadelphia. At 5pm Fox Buisness Channel's Maria Bartiromo joined the show to talk about the Dow Jones hitting 20,000 points for the first time in its history.
On today's show, Matt discussed Jill Stein's failed recount effort in PA, Trump's reaffirmed victory in Wisconsin, and whether or not you're obligated to tip around the holidays. At 4pm retired secret service agent Robert Caltabiano joined the show to discuss potential Russian hacking of US political institutions. At 5:30pm author and Forbes contributor Chris Versace checked in to tell us what we can expect from the market before the years end.
"This is not the time to panic," says chief economist Mark Zandi.
A legendary investor and Guinness record-holder has a lot of stories to tell, and a lot of concerns for our current stock climate.
Relatives of Quadir Diaz, an 18-year-old who had been missing since March 7, confirmed the teen's body was pulled from the Schuylkill River on Tuesday morning.
It's National Public Safety Telecommunicators Week, and city leaders are recognizing dispatchers, call takers, and supervisors for their tireless work to keep residents safe.
Sixers superstar Joel Embiid was officially named to Team USA for the 2024 Summer Olympics in Paris, France, on Wednesday.
Three construction workers died on I-83 in York County, Pennsylvania after a truck struck their vehicle in an active work zone, Pennsylvania State Police said.
Philadelphia police said two Hyundais were stolen in the city's Parkwood neighborhood, and one of the cars with at least two kids inside crashed and flipped onto the roof in the middle of the street.
Relatives of Quadir Diaz, an 18-year-old who had been missing since March 7, confirmed the teen's body was pulled from the Schuylkill River on Tuesday morning.
A day after police said the warrant was issued for violating a protection from abuse order, Boyle's brother Rep. Brendan Boyle said their family is working to get Kevin help for "serious" mental illness.
It's National Public Safety Telecommunicators Week, and city leaders are recognizing dispatchers, call takers, and supervisors for their tireless work to keep residents safe.
Sixers superstar Joel Embiid was officially named to Team USA for the 2024 Summer Olympics in Paris, France, on Wednesday.
Philadelphia police said two Hyundais were stolen in the city's Parkwood neighborhood, and one of the cars with at least two kids inside crashed and flipped onto the roof in the middle of the street.
Relatives of Quadir Diaz, an 18-year-old who had been missing since March 7, confirmed the teen's body was pulled from the Schuylkill River on Tuesday morning.
It's National Public Safety Telecommunicators Week, and city leaders are recognizing dispatchers, call takers, and supervisors for their tireless work to keep residents safe.
Three construction workers died on I-83 in York County, Pennsylvania after a truck struck their vehicle in an active work zone, Pennsylvania State Police said.
Philadelphia police said two Hyundais were stolen in the city's Parkwood neighborhood, and one of the cars with at least two kids inside crashed and flipped onto the roof in the middle of the street.
Temperatures stay relatively mild Wednesday with highs in the mid-to-upper 60s, but clouds and rain move into the Delaware Valley by the afternoon.
Temperatures stay relatively mild Wednesday with highs in the mid-to-upper 60s, but clouds and rain move into the Delaware Valley by the afternoon.
A body was recovered from the Delaware River near the Adventure Aquarium in Camden on Tuesday afternoon, police said.
PFAS, also known as "forever chemicals," are everywhere and can linger permanently in air, water and soil. In response, Aqua New Jersey just unveiled a new water treatment system to help remove them from drinking water.
CBS News Philadelphia went on a tour Tuesday to an important spot vital to fighting fires and became the first line of defense before crews made their way to the railroad flames.
One person died in a car accident in Pennsauken, Camden County, Tuesday afternoon, Pennsauken police said.
Temperatures stay relatively mild Wednesday with highs in the mid-to-upper 60s, but clouds and rain move into the Delaware Valley by the afternoon.
High temperatures Tuesday will reach the mid-70s with abundantly sunny skies, a light breeze and slight reduction in the humidity before more rain and chilly air moves in Wednesday.
Monday makes a run for 80 degrees, setting us up for the warmest day of the week and warmest day of the year so far. Later in the day, a thunderstorm could develop in South Jersey and Delaware.
30-year-old Dempsey Walters faces prison time after pleading guilty to assaulting two teenagers over a doorbell prank Friday.
The Philadelphia region's weather is off to a blustery start this weekend, with winds whipping throughout the day Saturday. We'll see some sunshine once clouds clear out.
David O'Brian will run in the Donor Dash in Philadelphia later this month to celebrate his daughter, an organ donor who died 10 years ago.
Montgomery County's Office of Public Health is investigating an increase in whooping cough cases primarily among high school students, a county spokesperson told CBS News Philadelphia on Monday.
George Schappell and sister Lori, of Reading, Pa., were the world's oldest conjoined twins, according to the Guinness Book of World Records.
The latest CDC data from 2021 shows more than 1,200 women died of pregnancy complications up from 754 deaths in 2019.
Federal authorities are warning that unregulated Botox products are linked to an outbreak of botulism-like illnesses.
Nine life-sized sculptures made by world-renowned artist Seward Johnson are on loan to Philadelphia's Frankford Avenue in Mayfair until mid-September.
After a taste of summer on Monday, many Jersey Shore business owners and managers are still looking for summer workers.
Atlantic City, New Jersey's nine casinos collectively had lower profits in 2023 compared to 2022 - but three casinos were able to increase profit.
Tuesday, April 16 is Wawa Day, when the company expects to give away about 1.5 million cups of free coffee to celebrate the 60th anniversary of its first convenience store.
It's been nearly a year since the Philadelphia commissioned studies looking into the economic impact of the proposed 76 Place at Market East. Where are the numbers?
Three construction workers died on I-83 in York County, Pennsylvania after a truck struck their vehicle in an active work zone, Pennsylvania State Police said.
One person died in a car accident in Pennsauken, Camden County, Tuesday afternoon, Pennsauken police said.
All lanes of the Pennsylvania Turnpike near Quakertown have reopened after a dump truck overturned Monday morning, according to the Pennsylvania Turnpike Commission.
A 21-year-old woman was killed after her car was struck by a drunken driver on I-95 northbound in Philadelphia, Pennsylvania State Police said Sunday.
Flooding closed multiple roads around the Philadelphia region for the morning commute on Friday, but they began reopening after around 8 a.m.
Sixers superstar Joel Embiid was officially named to Team USA for the 2024 Summer Olympics in Paris, France, on Wednesday.
Joel Embiid and the Philadelphia 76ers will face Jimmy Butler and the Miami Heat in the NBA Play-In Tournament on Wednesday night at the Wells Fargo Center.
Ranger Suarez needed 23 pitches to get through the ninth but earned the second complete game shutout of his career in a 5-0 victory over the Rockies. He allowed seven hits and struck out eight batters.
The Flyers needed a lot of help to make the playoffs but ultimately fell short in the regular season finale and lost 2-1 to the Washington Capitals.
Joel Embiid is again dealing with injuries headed into the NBA playoffs.
Kevin Hart will have a homecoming stop on Dec. 4 at The Met Philadelphia on his 2024 "Acting My Age" tour.
Dynamic duo Future & Metro Boomin as "One Big Family" will be "Slimed In" at the Wells Fargo Center this August for the "We Trust You Tour."
The mural was unveiled on the side of the building at the southeast corner the Chicago Medical Society building at Grand Avenue Dearborn Street.
Bad Bunny fans might have to see his Philadelphia concert a day earlier depending on the outcome of the 76ers-Heat game at the Wells Fargo Center.
Jellyroll, a Pennsylvania wedding band, is suing the award-winning country music artist Jelly Roll, alleging they had the name first and the latter is infringing on a trademark.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
William Bodine High School's robotics team is one of a few schools in the area set to represent Philadelphia at the FIRST Robotics Competition World Championship in Texas.
Two Bucks County girls wrestling medal winners are hopeful more young women will get involved in the male-dominated sport.
Students in Philadelphia's Law Pathway program are learning more about a possible legal career with help from Penn's law school and the Troutman Pepper law firm.
Mercy Career and Technical High School senior Taylor Houseman was one of two students selected to give a SEPTA bus a brand new look.
On this week's Focusing on the Future and the first day of Women's History Month, CBS Philadelphia talked with one high school senior who is making history.
Rain is rolling in Wednesday afternoon around the Philadelphia region and showers will be in the area as the Philadelphia Phillies take on the Colorado Rockies at Citizens Bank Park. Most of the widespread rain starts to taper off as we head into the evening, Meteorologist Grant Gilmore reports.
"The Holdovers" actor Da'Vine Joy Randolph is one of Time's 100 most influential people of 2024, according to Time.com. Randolph, a Temple University alumna, won an Oscar for her portrayal of Mary Lamb and is now featured in an article published by "Orange is the New Black" actor Uzo Aduba.
It's National Public Safety Telecommunicators Week, and city leaders are recognizing dispatchers, call takers, and supervisors for their tireless work to keep residents safe.
The Sixers have been rolling since Joel Embiid came back from meniscus surgery and now face Jimmy Butler and the Miami Heat in the NBA Play-In Tournament. The winner will secure the 7th seed in the NBA Playoffs and face the New York Knicks. Ross DiMattei reports and explains what you need to know about the tournament, plus how Tyrese Maxey and Nicolas Batum are feeling ahead of the big game.
Six kids were taken into custody Wednesday after police said they stole two cars and crashed one, a former Girard College teacher and Boy Scout troop leader was charged after allegedly sexually assaulting a student, and Parks on Tap returns to Philadelphia for another season. These top stories from CBS News Philadelphia.