Stocks End Mixed As Sept. Rally Loses Steam
Stocks are ending mixed as a two-week rally loses momentum. News of a retrenchment by FedEx also discouraged buyers. Stocks had been rising for most of September, but on unusually weak volume as...
View ArticleObama: Recession "Still Very Real" For Millions
(AP Photo/J.Scott Applewhite) President Barack Obama said Monday he doesn’t care that the Great Recession has been declared over by a group of economists. For the millions of people who are out of work...
View ArticleFed Signals It Will Take Further Steps If Needed
Federal Reserve Chairman Ben Bernanke (AP) The Federal Reserve offered a dim view of the economy Tuesday and signaled it’s prepared to provide new relief if necessary. At the end of its meeting, the...
View ArticleStocks Jump As Manufacturing News Improves
The stock market resumed a September rally on Friday following a sharp jump in orders for manufactured goods and better news about the European economy. The Dow Jones industrial average rose nearly 185...
View ArticleStocks Edge Lower As Investors Pocket Profits
Stocks took a pause Monday from their big September rally as worries about the financial sector offset excitement over a fresh round of corporate dealmaking. The Dow Jones industrial average lost 48...
View ArticleStocks Slip As European Protests Worsen Debt Fears
Stocks slipped Wednesday as protests against austerity measures in Europe brought new worries about the region’s financial system. The dollar fell further against other currencies on anticipation of...
View ArticleStocks Nudge Higher As Manufacturing Improves
Stocks started off October on a positive note following mostly good news on the economy. Shares of big manufacturing companies like Boeing Co., General Electric Co. and 3M Co. rose Friday after the...
View ArticleMeltdown 2008 10/03
WWJ examines the financial meltdown of 2008 with a series of reports this week. WWJ’s Jayne Bower interviews economist Bob McHugh from Mainline Investors http://www.technicalindicatorindex.com/ who...
View ArticleFinancial Meltdown 10/03
WWj examines the financial meltdown of 2008 with a series of reports this week. WWJ’s Jayne Bower interviews economist Bob McHugh from Mainline Investors...
View ArticleStocks Rise On Hopes Of Fed Move, Dow Breaches 11k
(AP) Stocks are climbing after a surprise dip in unemployment claims and stronger sales reports from retailers. The Dow Jones industrial average was trading just below 11,000 for the first time since...
View ArticleStocks Mixed To Start Busy Week Of Earnings
(AP) Stocks wavered Monday as investors struggled to extend a rally that pushed the Dow Jones industrial average above 11,000 last week for the first time since early May. The Dow rose 12 points in...
View ArticlePresident, GOP Debate Financial Reform, Stimulus
President Barack Obama says consumers would lose if Republicans regain power in Congress and try to roll back his hard-won Wall Street overhaul. He says the GOP’s promised repeal of the law would mean...
View ArticleStocks Give Up Early Gains On Mixed Earnings
Stocks turned lower Thursday as investors dug through a raft of earnings reports that painted a mixed picture about the economy. The Dow Jones industrial average fell more than 30 points in midday...
View ArticleStocks Surge A Day After Fed Reveals Stimulus Plan
Stocks rose sharply Thursday, one day after the Federal Reserve announced a $600 billion plan to stimulate the economy. The Dow Jones industrial average rose 199.51, or 1.7 percent, to 11,414.82 in...
View ArticleFord Posts Strong 1st Quarter Profit
by Jeff Gilbert WWJ AutoBeat Reporter http://www.podtrac.com/pts/redirect.mp3/nyc.podcast.play.it/media/d0/d0/d0/dX/dH/dB/dP/XHBP_3.MP3 Interview: WWJ AutoBeat Reporter Jeff Gilbert talks one on one...
View ArticleGovernor Synder Heads To Wall Street
LANSING (WWJ) – Michigan Governor Rick Snyder prepares to head to the Big Apple to meet with bond rating agencies. Gov. Synder plans to visit Wall Street once the state’s budget has been approved to...
View ArticleCompuware Stock Whacked Despite Performance
Wall Street again slapped down shares of Michigan’s largest tech company, Detroit-based Compuware Corp. (Nasdaq: CPWR) despite a financial report that slightly exceeded Wall Street expectations —...
View ArticleFederal Reserve To Address Inflation, Interest Rates
DETROIT (WWJ) – Policy-makers with the Federal Reserve wrap up an important two-day meeting Wednesday, addressing economic growth, inflation and interest rates. WWJ and FOX 2 Business Editor Murray...
View ArticleStock Market Plummets, Auto Stocks Among Hardest Hit
DETROIT (WWJ/AP) – The stock market is finishing its worst day since the financial crisis. The Dow Jones industrial average plunged more than 500 points Thursday. Investors are concerned that the U.S....
View ArticleVideo: Worst Week On Wall Street
Wrapping up the worst week on Wall Street since 2008, WWJ’s Vickie Thomas caught up with a local financial planner. Interview with Bob Stokes of Edward Jones Financial Advisors: More: Wall Street Ends...
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