stocks and investing
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submitted by Robby for team staff news 17 hours 23 minutes ago
NEW YORK (AP) -- Trillions in stock market value - gone. Trillions in retirement savings - gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll - gone, gone, gone.......(more)
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submitted by Robby for team staff news 1 day 1 hour 23 minutes ago
Insurance is the latest industry to feel the sting of the global financial crisis. While most industry insiders consider the problems that led to the government bailout of American International Group as unique to AIG, the pain has been spreading to other insurers -- their...(more)
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submitted by Robby for team staff news 1 day 1 hour 23 minutes ago
NEW YORK, Oct. 10 -- A temporary ban on short sales of about 1,000 financial stocks expired this week, but U.S. stock exchanges are considering other ways of limiting short-selling in an effort to root out market manipulation. The recommendation with the most traction calls...(more)
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submitted by Robby for team staff news 2 days 2 hours 23 minutes ago
AP - Japan's key stock index plunged a stunning 9.6 percent Friday to close out its worst week in history as frantic investors worried about a global recession dumped stocks after huge losses on Wall Street.
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submitted by Robby for team staff news 2 days 23 minutes ago
NEW YORK, Oct. 9 -- Stocks plunged in the final hour of trading Thursday, sending the Dow Jones industrial average down more than 675 points, or more than 7 percent, to its lowest level in five years after a major credit-rating company said it was...(more)
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submitted by Robby for team staff news 1 week 2 days 16 hours 23 minutes ago
The worst declines came among companies in the manufacturing, chemical production and mining industries, suggesting that the problems of the tight credit market were spreading.
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submitted by Robby for team staff news 1 day 23 hours 23 minutes ago
European markets fall steeply in early trading after earlier dramatic share price losses in Asia.
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submitted by Robby for team staff news 1 week 4 days 23 hours 23 minutes ago
TOKYO (AP) -- Asia was shaken Tuesday by the collapse of the U.S. financial bailout effort, with the region's political leaders expressing hopes for a quick solution and Japan's central bank injecting more cash into money markets to promote liquidity and lending....
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submitted by Robby for team staff news 1 week 5 days 2 hours 23 minutes ago
Latin American stocks plunged in intraday trading Monday as the U.S. House of Representatives rejected a $700 billion bailout package meant to reboot the global economy.
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submitted by elvis 1 week 5 days 13 hours 8 minutes ago
Stocks fell by nearly 9 percent on Monday — the worst single-day drop in two decades — after the government’s bailout plan, touted by its supporters as a balm for the current market stress, failed to pass the House of Representatives, setting off a fresh wave...(more)
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submitted by Robby for team staff news 2 days 13 hours 22 minutes ago
Stocks rose in Latin America on Thursday as the Brazilian and Mexican governments sold dollars in reserves to ease credit and prop up their currencies.
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submitted by Jazz 3 weeks 5 days 12 hours 50 minutes ago
Nervous investors hit the sell button in the last half hour of trading Monday, sending the Dow Jones industrial average down more than 500 points on the day.
Wall Street had spent the day trying to make sense of a rapidly changing financial landscape on Monday...(more)
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