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TOPIC | U.S. Markets
Stocks fall sharply on consumer spending worries
7 hr ago
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2
NEW YORK (AP) - A litany of bad economic news has snuffed out Wall Street's five-day rally, sending stocks falling sharply as investors realized anew how troubled the U.S. economy really is....
U.S. stocks open lower ahead of economic data
14 hr ago
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NEW YORK -- Worries about the holiday shopping season sent stocks sharply lower Monday while investors also awaited new readings on manufacturing and construction spending. The Dow Jones industrial...
IN BUSINESS
Sat, Nov 29, 2008
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ECONOMY Bond yields drop again Yields on long-term government debt sank to record lows Friday, the last trading day of the month, as investors continued to bet on an extremely weak economy. The...
Energy Update: Foreign cuts boost oil prices
Thu, Nov 27, 2008
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Foreign cuts boost oil prices HOUSTON — Oil prices rose sharply Wednesday as a large interest rate cut in China and news of a possible Russian output cut appeared to counter...
Obama seeks stimulus bill
Mon, Nov 24, 2008
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2
CHICAGO — Looking almost like a co-president, Barack Obama cited an "economic crisis of historic proportions” Monday, conferred with the man who’s still in the White House...
Stocks jump after government bailout of Citigroup
Mon, Nov 24, 2008
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NEW YORK -- Wall Street is shrugging off a larger-than-expected drop in sales of existing homes last month as investors instead focus on the government's plan to bail out Citigroup Inc.
The...
Stocks jump on report of Geithner nomination
Fri, Nov 21, 2008
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NEW YORK -- Wall Street found some relief Friday from a report that a pounded-down Citigroup Inc. might put itself up for sale. That prospect, along with the possibility that low prices will draw...
Oil prices continue to drop
Fri, Nov 21, 2008
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COLUMBUS, Ohio — Oil prices Thursday hit levels not seen in more than three years and retail gasoline prices are now below $2 across nearly half of the country on dour economic reports...
Stocks tumble for second day; Treasurys surge
Thu, Nov 20, 2008
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NEW YORK - Stocks plunged for a second straight day Thursday, falling to a ranges not seen in six years as financial and energy stocks tumbled and as demand for the safety of government debt spiked...
Dow falls below 8,000, S&P at 5-year low
Wed, Nov 19, 2008
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NEW YORK - Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three automakers and the economy disheartened...
SEC charges Mark Cuban with insider trading
Mon, Nov 17, 2008
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WASHINGTON (AP) - Federal regulators have charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in...
U.S. stocks fall on more economic woes
Mon, Nov 17, 2008
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NEW YORK -- The selling on Wall Street continued Monday as investors digested more signs of economic weakness, including a huge round of layoffs in the financial sector.
After a turbulent week...
Wall Street ends turbulent week sharply lower
Fri, Nov 14, 2008
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NEW YORK -- Stocks are falling as Wall Street gives back some of its gains from Thursday's huge rally and investors refocus on their fears about the economy.
Some retrenchment is to be expected...
Stocks stage huge rebound; Dow jumps 553 points
Thu, Nov 13, 2008
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NEW YORK -- Wall Street had a calmer start to trading Thursday, with stocks moderately lower after three straight days of declines. Investors appeared to take in stride a government report showing...
For marrying couple, wise move is to sell home
Wed, Nov 12, 2008
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DEAR DAVE: I’m getting married in December. My fiancee lives in Tennessee, and I live in Alabama. She will be moving down here, but she owns a house near Nashville. We could handle the...
Gasoline continues plunge; crude tumbles below $60
Tue, Nov 11, 2008
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5
HOUSTON - Retail gasoline prices dipped for a 17th week since July 4, falling below $2 a gallon in a number of states and approaching $1.50 at some service stations. The price of crude fell again...
Stocks rise after two days of heavy selling
Fri, Nov 7, 2008
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4
NEW YORK-- Wall Street anticipated a dreadful jobs report Friday, but seemed to believe the bad news is already priced into the market. Stock futures rose ahead of the market's open.
Investors...
Stocks tumble, lose 10 percent in 2-day rout
Thu, Nov 6, 2008
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NEW YORK-- Wall Street recoiled again Thursday, sending stock futures lower ahead of the market's open as investors braced for data on retail sales and jobless claims that are likely to add to...
Stocks plunge anew; recession worries resurface
Wed, Nov 5, 2008
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NEW YORK (AP) - A case of post-election nerves has sent stocks plunging as investors, again anxious about a recession, are wondering what impact a Barack Obama presidency will have on business and...
Despite energy market’s decline, Unit beats profits from last year
Tue, Nov 4, 2008
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TULSA — Unit Corp. on Tuesday announced substantial third-quarter gains. The company reported net income of $92.3 million, or $1.96 a share, compared with $64.1 million, or $1.37 a share, for...
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