Turns out, if it sounds too good to be true, it usually is.
Stocks were deep in the red again on Wednesday, although they did rebound from a mid day swoon. At the closing bell the Dow was down 173 points at 16,141. Earlier in the day it had dipped below 16,000 for the first time since February.
The Dow Jones industrial average closed 334 points lower on Thursday than the day before, in what amounted to the worst drop of the year.
Mayor Bill de Blasio on Tuesday defended a decision by the NYPD not to clear the streets during the “Flood Wall Street” climate change protest the day before.
Many of New York’s top attractions can be visited for free or at a discount.
The red flags were everywhere, among them weak corporate results, the looming end of stimulus from the Federal Reserve and tensions between the West and Russia.
General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
There was a major milestone on Wall Street Thursday as stocks set new records.
Best-selling author Michael Lewis told “60 Minutes” that super fast, computerized stock trading now controls more than half the market and raises the costs of stocks for everyday investors.
The bull had been penned in since September 2011, when police feared the sculpture would be targeted by Occupy Wall Street protesters. During one protest, demonstrators chanted, “Take the bull!”
For stock investors, February is starting out just as rough as January.
The Standard & Poor’s 500 index closed out its best year since 1997 on Tuesday as traders wrapped up a record-setting year.
Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.
Irvington, N.J., is moving forward with plans to become the second municipality in the nation to use eminent domain to buy mortgages that are in foreclosure.
Drexel Hamilton was founded by a wounded Vietnam vet, Larry Doll. Its singular mission is to help returning veterans find meaningful careers.