Aug 04 On Dow’s Worst Day Since 2008, Running for Cover By Paul Solman A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me… Continue reading
Aug 04 On Dow’s Worst Day Since ’08, Running for Cover By Paul Solman A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me… Continue reading
Dec 03 Watch News Wrap: Wall Street Not Intimidated by Job Numbers, Big Trade Deal Struck In other news Friday, the Dow Jones industrial average shook off disappointing jobs numbers and gained more than 19 points. The NASDAQ rose 12 points, with both indices closing the week up more than 2 percent. Also, an announcement came… Continue watching
Oct 25 Watch News Wrap: Fed Addresses Foreclosure Frenzy, Bloody Weekend in Mexico Federal Reserve Chairman Ben Bernanke said the Central Bank is getting involved in the recent foreclosure mess caused by faulty paperwork. In Mexico, 10 people were killed at a rehab center in Tijuana in another bloody episode of drug violence. Continue watching
Oct 15 Watch News Wrap: Retail Sales Pick Up in September Stocks were mixed on Wall Street on the retail news and signals from the Fed that it would do more to boost the economy. Continue watching
Oct 14 Watch News Wrap: Taliban May Be Considering New Talks According to the head of Afghanistan's new peace council, the Taliban is ready to take part in serious peace negotiations. But the council's chairman warned the process won't happen over night. Continue watching
Sep 30 Watch News Wrap: Emanuel Plans to Leave White House for Chicago Mayoral Bid In other news Thursday, it was widely reported that White House Chief of Staff Rahm Emanuel will step down to run for mayor of Chicago. White House spokesman Robert Gibbs would not confirm the move but praised his contributions. Continue watching
Sep 24 Watch Wall Street Closes Out the Week on a Strong Note The Dow Jones gained more than 197 points and the Nasdaq rose 54 points at close Friday. Stock numbers shot up after news that factory orders and business spending went up in August. Continue watching
Sep 20 Watch News Wrap: Recession Officially Over, But U.S. Economy Still Struggling According to the National Bureau of Economic Research, the U.S. recession ended in June 2009 and was the longest downturn since World War II. But President Obama and others made sure to acknowledge Americans' ongoing economic struggles. Continue watching
Sep 16 Watch News Wrap: Pope Begins U.K. Visit Amid Uproar Over Abuse Scandal In other news Thursday, the Pope began a visit to Britain with his strongest admission about how the Catholic Church failed to deal decisively with sexual abuse by priests. Continue watching