Stan’s Recent Stories
Economy Apr 30Wall Street pulls back as dismal economic data piles higher
The U.S. government reported more than 3.8 million laid-off workers applied for unemployment benefits last week, and data showed the European economy contracted by a record 3.8% in the first three months of the year.
Economy Apr 24Stocks push higher on Wall Street following tumultuous week
Stocks are pushing higher in afternoon trading Friday as Wall Street nears the end of its tumultuous week.
Economy Apr 21Oil prices keep crumbling, stocks around the world tumble
Stocks are falling in afternoon trading on Wall Street and the collapse in oil prices is deepening as the economic carnage caused by the coronavirus pandemic turns markets upside down.
Economy Apr 20Oil price goes negative as demand collapses
A barrel of benchmark U.S. oil for May delivery fell to negative $3.70 per barrel.
Economy Apr 17Hope finds a foothold on Wall Street, stocks rally worldwide
U.S. stocks joined a worldwide rally and closed out their first back-to-back weekly gain since the market began selling off two months ago.
Economy Apr 17Stocks rise worldwide, lifted by hopes for virus progress
Stocks are rising Friday as investors latch onto strands of hope about progress in the fight against the coronavirus.
Economy Apr 09Federal action leads Wall Street to cap best week since 1974
Wall Street closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak. The central bank announced programs to provide up to $2.3 trillion…
Economy Apr 09Wall Street climbs after Fed stuns markets again with aid
Stocks are rising in early trading on Wall Street after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak.
Economy Apr 07Wall Street’s rally fizzles as oil prices suddenly plunge
A big rally on Wall Street is losing steam in afternoon trading Tuesday, undercut in part by another plunge in the price of oil.
Economy Apr 06Stocks rise sharply on signs of progress in battling virus
Stocks jumped in markets around the world Monday after some of the hardest-hit areas offered sparks of hope that the worst of the coronavirus outbreak may be on the horizon.