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Dow Plunges More Than 1,200 Points Amid Fears Of U.S. Economic Slowdown
CBS News
Stocks in the U.S. plunged for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,200 points, amid growing fears of an economic downturn sparked by a sharp slowdown in hiring and weakening consumer spending.
Famed Mirage In Vegas, In Last Day, Slated To Rise Again In 2027 As Hard Rock Las Vegas
CBS News
The Mirage is about to vanish from the Las Vegas Strip. Frenzied final days have seen standing-room crowds wagering to win $1.6 million in slot machine progressive jackpot winnings that state regulations say have to be disbursed before the lights go out and a massive transformation of the property begins.
World Stocks Slide As US Debt Worries Mount
Associated Press
Global stock markets and Wall Street futures fell Wednesday as the U.S. government crept closer to a potentially disruptive default on its debt.
Federal Reserve Says Interest Rates Will Continue To Climb
Alex Cameron
Testifying for a second straight day on Capitol Hill about efforts to rein in 40-year high inflation, Federal Reserve Chairman Jerome Powell told members of the House Financial Services Committee Wednesday that no decision has been made yet as to how large an interest rate hike to impose at the central bank’s next meeting in two weeks.
Wall Street Drifts, As Stocks Hold Onto Last Week’s Huge Run
Associated Press
Stocks got a boost after Fed Vice Chair Lael Brainard gave comments that investors took as a hint that the worst of the Fed’s rate hikes may have passed.
Stocks Rise On Wall Street Ahead Of Election, Inflation Data
Associated Press
The S&P 500 rose 1.3% as of 12:13 p.m. Eastern. The Dow Jones Industrial Average rose 517 points, or 1.6% to 33,341 and the Nasdaq rose 1.5% as Americans head to the polls to vote in midterm elections that are being heavily influenced by inflation and the threat of a recession.
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Wall Street Opens Broadly Higher; Uber Soars On Forecast
Associated Press
Stocks are opening widely higher on Wall Street, turning around after a loss a day earlier. Several companies were rising after reporting solid earnings or outlooks, including drugmaker Pfizer and Uber, which soared after issuing a strong forecast for bookings.
Wall Street Opens Broadly Higher; Uber Soars On Forecast
Associated Press
Stocks are opening widely higher on Wall Street, turning around after a loss a day earlier. Several companies were rising after reporting solid earnings or outlooks, including drugmaker Pfizer and Uber, which soared after issuing a strong forecast for bookings.
US Likely To Enter A Recession Within 12 Months, Economists Say
CBS News
The U.S. is likely to enter a recession sometime next year, according to a new survey of economists.
US Likely To Enter A Recession Within 12 Months, Economists Say
CBS News
The U.S. is likely to enter a recession sometime next year, according to a new survey of economists.
U.S. Home Prices Could Fall As Much As 20% Next Year
CBS News
Home prices have plunged during the second half of 2022 with demand for residential real estate cooling off in a number of states and cities across the U.S.. And prices could continue to fall by as much as 20% next year as mortgage rates climb and the housing market normalizes in wake of the pandemic, according to a noted Wall Street economist.
U.S. Home Prices Could Fall As Much As 20% Next Year
CBS News
Home prices have plunged during the second half of 2022 with demand for residential real estate cooling off in a number of states and cities across the U.S.. And prices could continue to fall by as much as 20% next year as mortgage rates climb and the housing market normalizes in wake of the pandemic, according to a noted Wall Street economist.
US Stocks Lose Ground A Day After Dow Entered A Bear Market
Associated Press
Fears of a recession have grown as inflation remains stubbornly hot. Investors will be watching the next round of corporate earnings very closely to get a better sense of how companies are dealing with inflation.
US Stocks Lose Ground A Day After Dow Entered A Bear Market
Associated Press
Fears of a recession have grown as inflation remains stubbornly hot. Investors will be watching the next round of corporate earnings very closely to get a better sense of how companies are dealing with inflation.
Markets Shudder On Dashed Inflation Hopes; Dow Falls 1,250
Associated Press
The stock market fell the most since June 2020 following Wall Street’s humbling realization that inflation is not slowing as much as hoped. The Dow lost more than 1,250 points and the S&P 500 sank 4.3%.
Markets Shudder On Dashed Inflation Hopes; Dow Falls 1,250
Associated Press
The stock market fell the most since June 2020 following Wall Street’s humbling realization that inflation is not slowing as much as hoped. The Dow lost more than 1,250 points and the S&P 500 sank 4.3%.
Dow Drops 1,008 After Fed’s Powell Says Rates Will Stay High
Associated Press
The Dow Jones Industrial Average slumped more than 1,000 points as the stock market had its biggest skid in two months Friday after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on high interest rates in its effort to tame inflation.
Dow Drops 1,008 After Fed’s Powell Says Rates Will Stay High
Associated Press
The Dow Jones Industrial Average slumped more than 1,000 points as the stock market had its biggest skid in two months Friday after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on high interest rates in its effort to tame inflation.
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Bitcoin Drops Below $20,000 As Crypto Selloff Quickens
Associated Press
Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening.
Bitcoin Drops Below $20,000 As Crypto Selloff Quickens
Associated Press
Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening.
Bear Market Growls On Wall Street As Stocks, Crypto Dive
Associated Press
Fears about a fragile economy are forcing Wall Street toward what’s known as a bear market, with the S&P 500 tumbling more than 20% below its record set early this year.
Bear Market Growls On Wall Street As Stocks, Crypto Dive
Associated Press
Fears about a fragile economy are forcing Wall Street toward what’s known as a bear market, with the S&P 500 tumbling more than 20% below its record set early this year.
Stocks Sink As Wall Street Eyes Downside Of Solid Jobs Data
Associated Press
U.S. stocks are falling Friday as Wall Street focuses on the downside of the still-strong U.S. jobs market.
Stocks Sink As Wall Street Eyes Downside Of Solid Jobs Data
Associated Press
U.S. stocks are falling Friday as Wall Street focuses on the downside of the still-strong U.S. jobs market.
Global Shares Trade Lower As Inflation Worries Cloud Outlook
Associated Press
Global shares declined Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports.
Global Shares Trade Lower As Inflation Worries Cloud Outlook
Associated Press
Global shares declined Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports.
Stocks Rise On Wall Street A Day After Broad Sell-Off
Associated Press
Stocks rose in morning trading on Wall Street Tuesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year.
Stocks Rise On Wall Street A Day After Broad Sell-Off
Associated Press
Stocks rose in morning trading on Wall Street Tuesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year.
Wall Street’s Losses Worsen As Markets Tumble Worldwide
Associated Press
Wall Street is tumbling toward its lowest point in more than a year on Monday as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.
Wall Street’s Losses Worsen As Markets Tumble Worldwide
Associated Press
Wall Street is tumbling toward its lowest point in more than a year on Monday as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.
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Top Headlines
1 injured, 1 in custody following SW OKC road rage incident
News 9
One person was shot and another is in custody following a road rage incident in southwest Oklahoma City, according to police.
1 injured, 1 in custody following SW OKC road rage incident
News 9
One person was shot and another is in custody following a road rage incident in southwest Oklahoma City, according to police.
Sooners lose 5-3 to Tennessee, drop series
OU Athletics
Sooners come up short in rubber game vs Tennessee
Sooners lose 5-3 to Tennessee, drop series
OU Athletics
Sooners come up short in rubber game vs Tennessee
Woman hospitalized, husband in custody after Guthrie shooting
Destini Pittman
A woman is in the hospital, and her husband is in custody following a shooting Saturday night in Guthrie, according to the Guthrie Police Department.
Woman hospitalized, husband in custody after Guthrie shooting
Destini Pittman
A woman is in the hospital, and her husband is in custody following a shooting Saturday night in Guthrie, according to the Guthrie Police Department.
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Top Headlines
1 injured, 1 in custody following SW OKC road rage incident
News 9
One person was shot and another is in custody following a road rage incident in southwest Oklahoma City, according to police.
Sooners lose 5-3 to Tennessee, drop series
OU Athletics
Sooners come up short in rubber game vs Tennessee
Woman hospitalized, husband in custody after Guthrie shooting
Destini Pittman
A woman is in the hospital, and her husband is in custody following a shooting Saturday night in Guthrie, according to the Guthrie Police Department.
Yukon band holding fundraiser to obtain instruments for Geary High School band
Deanne Stein
Yukon High School rallies support for Geary Band Program today, after a fire devastates their band room and equipment. Find out how you can help replace lost instruments.
Death toll in Myanmar earthquake rises to at least 1,662 as officials continue to assess damage
Associated Press
Death toll rises as devastating earthquake strikes Myanmar and Thailand—latest updates on aid efforts.
E-ZPass scam: How to protect yourself from "smishing" and other types of fraud
Graham Dowers
A recent nationwide scam involving E-ZPass has caught the country's attention. Here's what to do when you receive one, how to spot the scams, and how to protect yourself.
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