Alex’s Recent Stories
Economy Dec 31Stocks notch big yearly gain despite ending 2021 on a weak note
A wave of consumer demand fueled by the reopening of economies pumped up corporate profits more than expected in 2021, which helped keep investors in a buying mood.
Arts Oct 20Chappelle’s anti-transgender comments in Netflix special draws protest
A small number of people gathered in advance of a planned walkout by Netflix employees. The action Wednesday is intended to highlight objections to Chappelle's stand-up special "The Closer" and the company's handling of it.
Economy Sep 30S&P 500 fell 4.8% in September, worst month since March 2020
After climbing steadily for much of the year, the stock market became unsettled in recent weeks with the spread of the more contagious delta variant of COVID-19, a sudden spike in long-term bond yields and word that the Federal Reserve…
Economy Sep 22Existing U.S. home sales fell in August, price growth slows
Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines. Existing homes sales fell 2% last…
Economy Jul 19Stocks skid as investors fear virus surge will dent recovery
Stocks skidded on Wall Street and investors sought refuge in government bonds amid worries that a surge in virus infections around the world will threaten the economic recovery.
Economy Feb 18WATCH: Robinhood CEO Tenev defends actions in GameStop saga at hearing
The GameStop episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both parties are among the skeptics.
Economy Feb 16The ‘GameStop effect’ on Wall Street isn’t over
The tools smaller-pocketed investors employed can be used again and again, if those smaller investors stay connected on social media forums and if regulators don't change the rules to hinder them.
Economy Jan 28Brokerages limit trading in GameStop, sparking outcry
GameStop stock has rocketed from below $20 to more than $400 this month as a volunteer army of investors on social media challenged big institutions who has placed market bets that the stock would fall.
Economy Jan 20Wall Street hits records amid profit reports, inauguration
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
Economy Nov 24Dow crests 30,000 points on vaccine hopes, Biden transition
The gains extend a monthlong market rally driven by growing optimism that development of coronavirus vaccines and treatments will loosen the pandemic's stranglehold on the economy.