Stocks

Stocks having worst December since the Great Depression

Stocks dropped again Thursday on fears of a government shutdown, as the stock market continued to experience its worst December since 1931, during the depths of the Great Depression. The Dow Jones fell 464 points, or 2 percent, to a 14-month low of 22,860. The Nasdaq has dropped more than 20...

Thursday, December 20, 2018 - 8:21pm

Trump’s America: What goes up … must come Donald

Live by the Dow. Die by the Dow. In last week’s State of the Union address, Donald Trump crowed loudly about how his soaring stock market “smashed one record after another!” And in fact, during Trump’s first year in office, the Dow Jones industrial average did go up 31.5...

Sunday, February 4, 2018 - 5:08pm

President Trump wants you to know he isn't getting rich off the stock market, but 'everyone else' is

Speaking about the stock market from Poland Thursday, President Donald Trump said the stock market is at an all-time high, but he appeared to lament the fact that “everyone else is getting rich” while he serves out his term as president. “When I say that the stock market is at an...

Thursday, July 6, 2017 - 7:42pm

Unemployment rates fall, but certain sectors still struggle

WASHINGTON - The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to labor market strength that keeps Federal Reserve interest rate hikes on the table this year.Other data on Thursday showed factory activity in the mid-Atlantic region contracting at a...

Friday, February 19, 2016 - 8:18pm

Twitter stock continues downward spiral after 10k character proposal

Having hundreds of millions of active users is an amazingly wonderful thing, but figuring out how monetize hundreds of millions of users without losing them is still a verymysteriousthing – at least for social media juggernaut Twitter.The frenetic information delivery system sank below $20 per...

Wednesday, January 13, 2016 - 8:19pm

Why the stock market drop hit millennials the hardest

As the stock market has whipsawed over the past two weeks, young workers who have all their retirement funds tied up in long-range target-date funds may have been the hardest hit.The average 25-year-old fully invested in a 2060 target-date fund series saw a 10 percent decline in account value from...

Wednesday, September 2, 2015 - 8:04pm

World markets panic as China's market dives

A near 9 percent dive in China market shares and a sharp drop in the dollar and major commodities have panicked investors around the globe.European stocks were more than 5 percent in the red and Wall Street was braced for similar losses after Asian shares slumped to 3-year lows as a three month-...

Monday, August 24, 2015 - 7:09pm

Metro6: Zombie recap, Bratton talks Nipplegate, One Direction splits

Good morning @metronewyork. Here's your Metro6 report to help distract you from the bad news on Wall Street.TRACY MORGAN WEDSThe "30 Rock" funnyman gets married for a second time. Congrats.ONE DIRECTION SPLITSThe 1D boys say they will part ways. Just for a year. We don't believe it.BILL BRATTON...

Monday, August 24, 2015 - 7:05pm

3 things you need to know about ‘Alphabet’ and Google

Google made a big announcement on Monday afternoon that shook the tech world: the internet and technology giant would no longer known as Google, but rather as conglomerate corporation named “Alphabet.”RELATED:Here are the American CEOs who get paid $1 a yearGoogle, along with every other news...

Tuesday, August 11, 2015 - 11:45am

The effects of NYSE, WSJ and United technical glitches

The New York Stock Exchange (NYSE), the Wall Street Journal and United Airlines all experienced technical errors Wednesday. Each claimed they were internal issues and not cyber attacks.Department of Homeland Security Secretary Jeh Johnson said the errors were not viewed as "the result of any...

Wednesday, July 8, 2015 - 5:52pm

Breakdown: Stock exchange, Wall Street Journal and United technical glitches

The New York Stock Exchange (NYSE), the Wall Street Journal and United Airlines all experienced technical errors Wednesday.United halted all flights after computer systems went down and restored regular service an hour later. The NYSE suspended all trading and cancelled all orders after an internal...

Wednesday, July 8, 2015 - 12:04pm

UK trader behind global $1 trillion 'flash crash' wanted in the US

Reuters –A high-frequency trader was arrested in London over his alleged role in the May 2010 "flash crash" that briefly wiped out nearly $1 trillion in market value, the first time authorities have blamed manipulation for the turbulence.The U.S. Justice Department said on Tuesday that it had...

Wednesday, April 22, 2015 - 4:17am

3 ways to invest $1,000

I get this question a lot because some people have a little extra spare cash and they want to use it wisely. Consider all the pros and cons of whatever you use it for: Don’t just go and buy yourself something nice. It’s far better in the long run to spend your money, and time, on things that can...

Wednesday, March 11, 2015 - 10:09pm