The 2012 GOP presidential candidate field has dominated much of the political discourse over the past six months, but one prominent, former Republican isn't that impressed -- in fact he's a little alarmed by selected positions: he being New York City Mayor Michael Bloomberg.
Stocks were mixed in volatile trading on Monday as Eurozone officials played down reports of plans to slash Greece's debts and recapitalize European banks to cope with the fallout and after a decline in U.S. home sales.
Due to the lingering government debt crisis in Europe and a 9.1 percent U.S. unemployment rate, key economic statistics are pointing to slow-growth conditions in the U.S. for the next two quarters, and a double-dip recession is possible. Is there anything Congress can do to create jobs and get the U.S. economy moving again?
The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by severe anxiety over Europe's spiraling debt crisis and a warning from the Federal Reserve about the U.S. economy.
Gold prices slumped more than $100 an ounce on Friday, the biggest fall on record in dollar terms, as traders sold to cover losses, while global stocks edged up on expectations the European Central Bank will take new measures to contain the euro zone debt crisis.
The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by severe anxiety over Europe's spiraling debt crisis and a warning from the Federal Reserved about the U.S. economy.
World stocks came off 14-month lows on Friday on expectations policymakers would take further action to ease the Eurozone debt crisis, while commodities fell broadly on worries about a global economic slump.
The Dow Jones Industrial Average (DJIA) is on track to record a weekly decline of more than 800 points -- its worst weekly swoon in two years. But the important question for the typical investor is, 'Where's the Dow likely to head in the next six months?'
Stocks edged higher in a volatile session on Friday as rising uncertainty over the European debt crisis and concerns about a global recession kept investors jittery.
Stock index futures fell on Friday as talk of a Greece default gained pace and a day after markets spiraled downward on deepening worries about global economic stagnation.
Stock index futures pointed to a higher open on Wall Street on Friday after steep declines the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up by between 0.6 and 0.8 percent.
Commodity investors fled for the exits on Thursday in a panic over raw materials demand, unconvinced that Federal Reserve action will stem a global economic slowdown that shows signs of infecting China and Germany.
The Dow has lost 6.74 percent over the past four days.
U.S. stocks are suffering a massive sell-off, with the Dow Jones Industrial Average plummeting more than 400 points, in the wake of a grim outlook from the Federal Reserve. Treasuries are rallying, the yield on the 10-Year note is at 1.76 percent, an all-time low.
The Dow Jones Industrial Average plummeted in Thursday trading, dropping more than 3 percent at certain times after Federal Reserve chairman Ben Bernanke introduced Operation Twist to jump-start the slumping economy.
The U.S. Federal Reserve intervened in the U.S. economy Thursday – the central bank did what investors thought they would do, but the Dow Jones Industrial Average still fell more than 270 points. What’s going on?
U.S. stocks have opened sharply lower in Thursday morning trading following an overnight plunge in global markets. Equities have tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy and the establishment bond swap program.
The top pre-market NASDAQ Stock Market gainers are: Netflix, Yahoo!, and Vical. The top pre-market NASDAQ Stock Market losers are: Logitech International, Westport Innovations, Melco Crown Entertainment, Travelzoo, JDS Uniphase, and SodaStream International.
Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.
FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.
Stocks plunged late Wednesday after the Federal Reserve announced it will sell $400 billion worth of short-maturity bonds and reinvest in bonds with maturities of six to 30 years in the coming year. The program has been commonly referred to as Operation Twist.
Stock index futures pointed to a slightly higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.23 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.07 percent at 3:06 a.m. ET.