Damian’s Recent Stories
Nation Mar 11Stocks fall again on Wall Street as wild swings continue
Another big central bank made an emergency cut to interest rates in hopes of blunting the economic pain caused by COVID-19, which economists call the global economy’s biggest threat. But investors are still waiting for details promised by President Donald…
Nation Mar 06Stocks fall, bond yields take another breathtaking drop
Stocks kept falling Friday and bond yields took more breathtaking drops as a brutal, dizzying couple weeks of trading showed no sign of letting up.
Economy Mar 03Stocks surge after Federal Reserve makes emergency rate cut
U.S. stocks jumped Tuesday after the Federal Reserve made an emergency rate cut to help support the economy from the impact from the virus outbreak.
Economy Feb 28Stocks sink again amid coronavirus outbreak, heading for the worst week since 2008
U.S. stocks sank again on Wall Street Friday, pushing the S&P 500 index down another 2.8% and putting the market on track for its worst week since October 2008.
Economy Feb 24Dow drops more than 1,000 points as coronavirus threatens the economy
The Dow Jones Industrial Average sank more than 1,000 points as the spread of the new coronavirus threatened wider damage to the global economy.
Economy Jan 27Global stocks tumble on coronavirus fears
Besides the threat to people's lives and health, investors are worried about how much damage the virus will do to profits for companies around the world.
World Dec 13Markets have muted reaction to long-awaited China trade deal
After months of waiting, markets had a muted reaction to news that the US and China had reached an initial deal on trade. The agreement means that the US won't impose new tariffs on Chinese goods that had been set…
Economy Nov 20Stocks slip amid new hurdle in trade deal with U.S. and China
Investors are hoping the nations can reach a deal before new tariffs become effective in December and further threaten economic growth.
Economy Aug 05Stocks plunge on Wall Street over escalating trade war
The escalations in the trade war between the world's largest economies are rattling investors already unnerved about a slowing global economy, falling U.S. corporate profits and possibly too-weak inflation.
Economy Jun 10U.S. stocks climb after U.S. suspends tariff threat on Mexican goods
Some trade jitters eased a bit Monday, at least in regard to the trade spat between the U.S. and Mexico.