Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to boost the world’s second-largest economy.
The Dow Jones industrial average fell more than 1,000 points in early trading and the Standard & Poor’s 500 index fell into correction territory, that’s Wall Street jargon for a drop of 10 percent or more from a recent peak.
A ferry experienced a hard landing at the East River pier at Wall Street late Wednesday afternoon, leaving multiple people with minor injuries.
Investors around the world were on edge Tuesday night, after Greece missed a crucial payment deadline and became the first developed country to default on a loan to the International Monetary Fund.
New York’s state comptroller says the average bonus paid to securities industry employees in New York City grew 2 percent last year to nearly $173,000.
A former Wall Street computer technician turned drug addict accused of murder learned his fate on Friday.
Shares of Shake Shack, a burger chain that started as a New York City hot dog cart, more than doubled in their first day of trading.
Saudi Arabia’s King Abdullah has died at the age of 90, according to Saudi state TV.
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.