Dec 27 6 factors that fueled the stock market dive in 2018 By Gretchen Frazee The stock market has seen a significant drop in the second half of 2018, despite signs that the U.S. economy is still doing well. Continue reading
Dec 27 How the tax laws for divorce will turn upside down in 2019 By Dean Hedeker Tax changes taking effect in January 2019 could add a significant amount of stress to divorces after this year. Continue reading
Dec 26 Watch 2:32 How computerized trading exacerbates market volatility, including on a record-setting day After several days of major losses, the Dow Jones Industrial saw its largest single-day gain ever, more than 1,000 points, as the markets reopened after Christmas. Since not much has changed in terms of policy, what’s at the root of… Continue watching
Dec 26 Wall Street makes holiday rebound with its best day in 10 years By Alex Veiga, Associated Press The Dow Jones Industrial Average shot up more than 1,000 points — its biggest single-day point gain ever — rising nearly 5 percent as investors returned from a one-day Christmas break. Continue reading
Dec 25 Watch 5:47 Does the president have legal authority to fire the Fed chair? President Trump's recent criticism of Jay Powell, chairman of the Federal Reserve, has prompted questions about whether the president might try to fire Powell. But does he have the legal authority to do so? New York Times correspondent Binyamin Appelbaum… Continue watching
Dec 24 Why are more and more Americans buying fake Christmas trees? By Courtney Vinopal For many, it all comes down to cost. Continue reading
Dec 24 What history teaches us about the latest stock market plunge By Paul Solman How are today’s stock investors going to react if the market continues to plummet?… Continue reading
Dec 23 Profiting off presidency? Trump biz takes hit since election By Bernard Condon, Associated Press Macy’s and Univision severed ties with his brand, mattress maker Serta stopped licensing his name, NASCAR and the PGA booked events that used to be held at his Doral resort in Miami elsewhere, and the TV network that aired his… Continue reading
Dec 22 Partial government shutdown compounds risks for U.S. economy By Josh Boak, Associated Press The stock market’s persistent fall, growing chaos in the Trump administration, higher interest rates, a U.S.-China trade war and a global slowdown have combined to elevate the perils for the economy. Continue reading
Dec 21 Robots are the future, and we don’t trust them By Thomas Maxwell Even when a robot is safer and more effective at performing a task than humans, companies still have to think hard about how to earn public trust. Continue reading