stocks and investing
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submitted by Robby for team staff news 7 weeks 5 days 19 hours 44 minutes ago
TOKYO, Sept. 10 -- Punctuating its worst week in history, Japan's main stock index plummeted nearly 10 percent Friday, as a mid-size Japanese life insurance company went bankrupt and fear-driven selling drove markets down across Asia. European indexes followed suit, with main exchanges down from...(more)
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submitted by Robby for team staff news 7 weeks 5 days 16 hours 44 minutes ago
Panic causes world's stockmarkets to fall sharply, putting pressure on G7 leaders as they meet in Washington
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submitted by Oscar Contreras 7 weeks 5 days 5 hours 59 minutes ago
NEW YORK (AP) -- Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a...(more)
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submitted by Robby for team staff news 8 weeks 1 day 2 hours 44 minutes ago
Porter Ranch murder-suicide is an extreme example of the stresses gripping the American psyche, experts say. Mental health professionals say referrals have soared. A Porter Ranch man who murdered his family and killed himself last weekend as he faced financial ruin is the latest and most...(more)
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submitted by AB 7 weeks 9 hours 41 minutes ago
NEW YORK (AP) -- Despair over the economy has sent Wall Street plunging again, propelling the Dow Jones industrials to their second-largest point loss ever. Stocks fell on a combination of disheartening economic data, including a big drop in retail sales and a Federal Reserve report...(more)
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submitted by Robby for team staff news 8 weeks 6 days 8 hours 44 minutes ago
NEW YORK (AP) _ Pessimism about a protracted economic downturn washed over the financial markets Thursday, sending stocks plunging and further tightening the credit markets. News of declining factory orders and a seven-year high in jobless claims stoked fears that the government's financial rescue plan won't...(more)
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submitted by Robby for team staff news 11 weeks 1 day 5 hours 44 minutes ago
The announcement by the Primary Fund marks only the second time in history that a money market fund has “broken the buck” — reporting a per-share value below a dollar.
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submitted by Robby for team staff news 11 weeks 2 days 9 hours 44 minutes ago
The kind of gloating that might have accompanied the collapse of a Wall Street titan in the past has been replaced by fears of what it portends for Europe’s increasingly global financial institutions.
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submitted by Robby for team staff news 13 hours 43 minutes ago
Latin American stocks are tracking falling European markets, responding to the bleak outlook for the global economy.
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submitted by Robby for team staff news 1 week 11 hours 44 minutes ago
NEW YORK, Nov. 26 -- Stocks fluctuated this morning, with the Dow Jones industrial average criss-crossing between positive and negative territory, as investors weighed a flurry of discouraging economic data against the announcement of a new panel that will advise President-elect Barack Obama on economic...(more)
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submitted by Robby for team staff news 7 weeks 6 days 19 hours 44 minutes ago
European and Asian shares are volatile as a co-ordinated cutting of interest rates fails to quell investor nerves.
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submitted by Robby for team staff news 8 weeks 4 days 20 hours 44 minutes ago
NEW YORK, Oct. 3 -- Congressional approval of the government's $700 billion financial rescue plan Friday did little to lift the financial markets from their growing dejection over the obstacles still facing the economy. Wall Street ended an intensely volatile week with the Dow Jones...(more)
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