Could it be just a year ago that jubilant investors were celebrating record highs in the stock market? It almost seems inconceivable now as both Wall Street and Main Street stare into a seemingly bottomless pit ...
Could it be just a year ago that jubilant investors were celebrating record highs in the stock market? It almost seems inconceivable now as both Wall Street and Main Street stare into a seemingly bottomless pit ...
What's left in Uncle Sam's economic tool kit? The commitment of $700 billion didn't impress markets here and around the world.
More than 10,000 children remain hospitalized in China's tainted milk scandal, Chinese health officials revealed, while the country defended its dairy products Thursday at a meeting of the World Trade ...
Oct. 9 - This is one anniversary investors are soon to forget. Just one year after Wall Street set the highest stock market closes in history the Dow & S&P 500 are down well over 30 percent.
In federal charges filed Wednesday, a Fishers woman was accused of filing false claims for tax refunds as the office manager of an H&R Block branch in Indianapolis, authorities said.
Stocks fluctuated Thursday as Wall Street weighed the prospects for the economy after IBM Corp.
The lack of short-term credit quickly impacts the way U.S. companies do business, cutting their ability to restock shelves and meet payrolls, analysts said.
European markets on Thursday recovered some of Wednesday's hefty losses after a relatively steady performance in Asia overnight, with British banking stocks in particular enjoying a strong rally in the wake of the government's $865 billion rescue plan.
European jitters appear to have been calmed by Wednesday's simultaneous interest rate cuts from the world's key central banks, even though lending between financial institutions remains limited.
'European equity markets have bounced back this morning, and in that regard there is some sense of normality returning but money markets remain frozen,' said Neil Mackinnon, chief economist at ECU Group.
Oct 9 - Coordinated policy action hopes to boost markets, investors and citizens as global recession looms.
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