Wall Street seesawed Tuesday as a better-than-expected housing market report vied with a surprise drop in consumer confidence, leaving investors wary of pushing stocks much in either direction.
Telegraph.co.uk Downturn overshadows key air show BBC News Aerospace and defence companies are gathering at the Paris air show this week in the midst of an economic crisis that is crippling the industry. Backed by Boeing, Airbus urges patience on crash Reuters Airbus Warns Output Could Drop as Much as 25% in 2010 and 2011 New York Times Wall Street Journal – guardian.co.uk – Sawf News – Seattle Times all 1,455 news articles The rest is here: Downturn overshadows key air show – BBC New
by Jacob G. Hornberger The massive federal bailout of U.S. financial firms reflects everything that’s wrong with the economic system of welfare and interventionism under which the United States has operated since at least the 1930s. There are critically important lessons in the bailout that the American people ignore at their peril. While most politicians and mainstream pundits are viewing the bailout as a necessary “reform,” it is imperative that we place this “reform” in a much wider and dee
The crisis began on Wall Street. Financial conjurors suddenly discovered that their tricks for making risk vanish had only disguised it. Their leveraged bets went sour, and the derivatives they thought insured them against any shock turned out to be worse than worthless.
Javier Bardem has joined the cast of Oliver Stone’s Wall Street sequel. It has a working title of Wall Street 2, but I just looked on IMDB.com and they’re calling it Money Never Sleeps. He’ll be playing the film’s villain against Shia LaBeouf and Michael Douglas (Douglas isn’t the villain?) Is he going to redeem [...]
In 1939, ten years after the crash on Wall Street, the Secretary of the Treasury, Henry Morgenthau, Jr., told the House Ways and Means Committee: “We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong…somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises…I say after eig
 Jakarta Post |
History of finance: Wall Street corners mark it
Jakarta Post, Indonesia - 18 hours ago October historically being the cruelest month on Wall Street, emphasis is on the October 1929 stock market crash that triggered the Great Depression and a … US STOCKS-Wall St sells off as consumers snap wallets shut Hemscott all 7 news articles |
 Albany Democrat Herald |
WSJ.com’s inside look at the markets
Wall Street Journal Blogs, NY - Oct 28, 2008 Such activity was a key catalyst in the 1987 stock-market crash. The old NYSE curbs would kick in if the exchange’s Composite moved precipitously from the … NYSE Stock Market Crash Circuit Breakers No Help to Portfolios The Market Oracle Stock drops trigger circuit breakers Calgary Herald How Low Dow Needs to Go Before Trading Timeout Starts Washington Post Reuters - U.S. News & World Report all 132 news articles |
Twenty years ago on Friday , traders in New York arrived for the start of the working week in a worried frame of mind. Wall Street stocks had shed more than 5 per cent the previous Friday, leaving them with a weekend to ponder where the market would go from there.
Until September, the U.S. tech industry appeared insulated from the year-long economic slowdown. Most of the 20 largest U.S. tech firms reported solid second-quarter earnings in July and August, and they were projecting continued growth in sales through the year-end. Then Wall Street crashed.