Stocks rally, oil dips below $100 as investors signal hope about Iran war
Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.
Watch CBS News
Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.
Stocks suffered a fifth straight weekly loss as oil prices climbed and mixed signals on Iran raised fears about inflation and growth.
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
It is one of two Democratic majority districts in North Texas after the 32nd Congressional District was redrawn to have a majority of Republicans.
Banks, post offices and major stock exchanges will be closed in observance of the federal holiday, but some stores are open.
Most major retailers and grocery stores will be open on New Year's Eve, although some will have reduced hours.
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Many businesses adjust their hours on Christmas Eve, so it's best to plan ahead if you need to do any last-minute shopping.
Most stores will remain open on Veterans Day, but services like the USPS and many banks will close.
The SEC approved TXSE as a national securities exchange, paving the way for the first new, fully integrated U.S. stock exchange in decades — and the only one based in Texas.
A new term is popping up on Wall Street called "TACO," which stands for "Trump Always Chickens Out." The President says "it's called negotiation."
Trump's decision to delay the implementation of a 50% tariff on the EU sent stocks skyrocketing Tuesday.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
SMU Finance Professor Don Shelly says this week's volatile stock market wasn't the biggest shock.
China announced it's raising tariffs on U.S. goods to 125%.
The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.
Wednesday proved to be one of Wall Street's best days in history.
Financial markets around the world have taken a hit as President Trump's sweeping tariffs went into effect on April 9.
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
The Justice Department's internal watchdog said it will audit the department's compliance with the law that required the release of the Epstein files.
The Texas Education Agency announced Thursday that Ena Meyers will be leading the district.
Bill Jones: The Cowboys will knock it out of the park if they can land Ohio State safety Caleb Downs and then trade down for extra picks.
Court records show that the suspect, Chrisantus Omondi, was charged with the murder of 51-year-old Scotty Jackson.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
The Justice Department's internal watchdog said it will audit the department's compliance with the law that required the release of the Epstein files.
The Texas Education Agency announced Thursday that Ena Meyers will be leading the district.
Bill Jones: The Cowboys will knock it out of the park if they can land Ohio State safety Caleb Downs and then trade down for extra picks.
Tanner Horner is accused of killing 7-year-old Athena Strand after allegedly abducting and strangling her while delivering a package in 2022.
Court records show that the suspect, Chrisantus Omondi, was charged with the murder of 51-year-old Scotty Jackson.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
State records show regulators ordered the removal of a plastic gas pipe installed in the early 1970s after it was linked to multiple explosions and deaths in North Texas.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
A North Texas baby placed under the safe haven law is at the center of a rare custody fight after the biological family came forward months later seeking to reclaim him.
The Justice Department's internal watchdog said it will audit the department's compliance with the law that required the release of the Epstein files.
The order places FDA-approved products containing marijuana and state-regulated medical marijuana products at a lower drug classification.
The Senate adopted a budget resolution after a six-hour "vote-a-rama," with the GOP moving forward to fund ICE without Democrats.
About half of Iran's stockpile of ballistic missiles and its associated launch systems were still intact as of the start of the ceasefire in early April, officials said.
"Am I gonna replace a controller and have AI manage the airspace? The answer to that is hell no, that's not gonna happen," Transportation Secretary Sean Duffy told CBS News.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
After months waiting for a new heart, 9-year-old Penny found hope through music—and a second chance at life.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Weiser said "the last few years has required a heavy financial lift to continue operating."
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
Bill Jones: The Cowboys will knock it out of the park if they can land Ohio State safety Caleb Downs and then trade down for extra picks.
Wyatt Johnston scored on a power-play deflection at 12:10 of the second overtime to give the Dallas Stars a 4-3 victory over the Minnesota Wild early Thursday for a 2-1 lead in the first-round series.
Here is what to know about where and when to watch the 2026 NFL Draft.
Oneil Cruz had the hardest-hit homer in the majors this season, a three-run shot off the top of the right-field foul pole in the ninth inning that powered the Pittsburgh Pirates to an 8-4 win over the Texas Rangers.
The Cowboys hold two picks in the first round: No. 12 and No. 20.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
