U.S. home rents jumped in July as house prices showed signs of flagging. Real estate data firm Zillow said Tuesday that rents rose a seasonally adjusted 4.2 percent from a year ago. The higher rents suggest …
If you weren’t paying attention to the stock market before Monday, you are now. A 1,000-point drop in the Dow Jones Industrial Average will do that. As the financial blogger Ben Carlson pointed out this …
SHANGHAI/BEIJING (Reuters) – China’s central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. The moves came after Chinese stocks tumbled again on Tuesday, as investors despaired at the lack of policy action from Beijing in response to
President Barack Obama on Monday accused fossil fuel interests and other critics of his energy policies of trying to restrict consumers from accessing solar, wind and other renewable sources in order to …
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Wall Street dropped on Monday in tumultuous action as traders aggressively sold stocks and bid-up only the safest asset classes.
If losses in the U.S. stock market worsen, keep in mind there might be a 15-minute break. The New York Stock Exchange said it will halt trading for 15 minutes if the Standard & Poor’s 500 Index drops 7 …
There are a few things to consider as red fills quote screens this morning.
The FTSE 100 slumped to its lowest level in almost three years on Monday, with all individual stocks in the red and miners leading the slide on growing fears of a China-led global economic slowdown. Alarm bells rang across world markets after a 9 percent dive in Chinese shares and a sharp drop in the dollar and major commodities panicked investors. “There is a snowball effect happening, with margin calls
Well, that was fun while it lasted. For years, investors in U.S. stocks shrugged off threats — a government shutdown, fear of a euro collapse, a near U.S. debt default — and just kept on buying. At the …