STOCK MARKET

Today we begin a new year.

One of the topics on so many families’ minds across the country is the economy — inflation, stock market woes, and interest rates — there is so much going on — and many questions.

Wealthy people, like Michael Bloomberg and Mark Zuckerberg, have used grantor-retained annuity trusts. The trusts have better odds of success in down markets.

In Northern California, the mosquito fire has grown to over 3,200 acres, forcing residents to flee. Mark Strassmann reports.

Former Bucs head coach, and current consultant for the team, Bruce Arians joined Jori Epstein on Sports Seriously and shared his thoughts on Tom Brady's leave of absence.

The loosely defined investing benchmark has tremendous psychological weight and can make a real difference in a consumer’s financial plans.

Kids learn reading, writing, arithmetic. And now, the ups and downs of investing.

SAN ANTONIO – Investors saw some light at the end of the long, dark tunnel Monday, rallying the stock market on news that Pfizer’s COVID-19 vaccine appears to be highly effective. Pfizer says COVID-19 vaccine is looking 90% effectiveThe Dow Jones Industrial Average stock market index road a roller coaster on Monday, rocketing 1,600 points mid-day, only to come back down to an 834-point rise for the day. “We can see with this new Pfizer drug we can get out of this,” said Rudy Torres, CEO of Torres Financial Services. That’s still likely months away as it’s unclear yet when a COVID-19 vaccine will be available to the general public. "That’s going to affect the stock market.

SAN ANTONIO – Editor’s note: This story is published through a partnership between the San Antonio Business Journal and KSAT. Most public companies based in the San Antonio area took a hit as fears about the growing coronavirus outbreak caused the stock market to plummet this week. The Dow Jones Industrial Average fell 1,031 points on Monday — the third-largest drop in the Dow’s 124-year history — dragging most of San Antonio’s public companies down. The CDC reported last week that while the virus has not spread into the U.S. yet, the agency is not ruling out the worst possible scenarios. “The day may come where we need to implement such measures in the U.S. communities.”Read the full story on the San Antonio Business Journal.

Here's everything WeWork's new co-CEOs are trying to sell since...Just two days after Adam Neumann's exit at WeWork, the company's new CEOs are taking significant steps to trim the fat in the hopes that it will help it get back on track for...Technologyread more

"Most patients have reported a history of using e-cigarette products containing THC. The increase in cases from last week represents new cases and recent reporting of previously identified cases. The disease is impacting mostly men, and all reported cases have a history of e-cigarette or vaping use, health officials said. Public health officials, in the meantime, are urging consumers not to use e-cigarettes or other vaping products. The CDC also recommends not using vaping products off the street and not adding substances to products that are not intended by the manufacturer.

The automaker cut health-care coverage for union members last week, moving them to more expensive, temporary COBRA plans on Sept. 16, the first day of the strike. GM said it was reinstating the coverage after realizing its change caused "significant confusion" among employees, according to a letter received by the UAW on Thursday. Some employees were unsure whether they had health benefits at all, according to interviews with workers and other media reports. "GM is very concerned about the significant confusion caused around our employee's health care coverage," Scott Sandefur, GM North America vice president of labor relations, wrote in the letter to UAW Vice President Terry Dittes. It's unclear how much, if any, the reinstatement of the health-care benefits will impact negotiations, which Wednesday progressed to the "Main Table" of top-level negotiators.

WeWork's Neumann voted to oust himself as CEO after failed IPO,... When WeWork's directors voted on Tuesday to oust Adam Neumann as chief executive after a failed attempt to take the office-sharing startup public, Neumann cast his vote...Technologyread more

In this Monday, April 16, 2018 file photo, people stand in front of damaged buildings, in the town of Douma, the site of a suspected chemical weapons attack, near Damascus, Syria. U.S. Secretary of State Mike Pompeo said on Thursday that the United States concluded the government of President Bashar al-Assad in Syria used chlorine as a chemical weapon in an attack in May during a battle with insurgents in Idlib. "Today I am announcing that the United States has concluded that the Assad regime used chlorine as a chemical weapon on May 19," Pompeo said. The Trump administration has twice bombed Syria over Assad's suspected use of chemical weapons in April 2017 and April 2018. "This is different in some sense because it was chlorine... but know that President Trump has been pretty vigorous in protecting the world from the use of chemical weapons," Pompeo said, said declining to say what the U.S. response could be.

Why the US has been slow to adopt electric busesChina is leading the world in electric vehicle adoption, with almost all city buses run on electric batteries. The U.S. has been slow to catch on, with only 300 electric buses...Technologyread more

It's a brutal trading day on Wall Street after the Dow dropped nearly 500 points, fueled by falling oil prices. CBS News correspondent Marlie Hall was on the floor of the New York Stock Exchange and joined CBSN with more details, as well as insight from a trader.

Is the stock market ripe for a fall? Although stocks remain frisky, some experts think financial markets are overdue for a correction. CBS MoneyWatch contributor Anthony Mirhaydari assesses the greatest risks facing investors.

The U.S. stock market is rigged by some of the biggest financial players out there, says author Michael Lewis. Watch Steve Kroft's full report "Rigged."