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Stock Market

The Takeaway

Method Behind Market Madness

Tuesday, August 09, 2011

The markets continued their volatile ways yesterday with stocks taking a major nose-dive. Investors went into panic-mode trying to find anything safe to put their money into. Most put their money into the U.S. government's debt, but uncertainty remains. With so many factors affecting the global markets, how do we decide how investors will react and influence the markets?

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The Takeaway

Markets Tumble Over Fears of Weakening Economy

Friday, August 05, 2011

The stock market in the United States is expected to have another weak opening this morning, following yesterday's violent sell off on Wall Street and around the globe. Investors pulled their money from stocks and flocked toward Treasury bonds and precious metals like gold, which has risen to $1,669.10 an ounce. The European debt crisis and slow economic growth in the U.S. are leading to fears of a "double-dip" recession. Markets in Japan, Australia, South Korea, and Hong Kong all closed down around 4 percent. A jobs report from the Bureau of Labor and Statistics in Washington is expected to show unemployment continues to hover around 9.2 percent, a figure that has the potential to drive the economy lower. 

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The Takeaway

Markets React to Better Than Expected Jobs Report

Friday, August 05, 2011

The stock market opened higher than expected this morning, as markets reacted to the strongest jobs report since April. A report from the Labor Department showing that the economy added 117,000 jobs in July, bringing the unemployment rate down to 9.1 percent is buffering the U.S. stock market so far against the sharp sell offs around the globe yesterday. Yesterday was the worst day on Wall Street in three years.

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The Takeaway

Jobs Report Slightly Better Than Expected

Friday, August 05, 2011

The U.S. economy added 117,000 jobs in July, lowering the unemployment rate to 9.1 percent. The new figures from the Bureau of Labor Statistics bring a flicker of optimism to the markets after the worst day on Wall Street in three years. The European debt crisis conflated with fears the U.S. may be entering another recession has lead to a violent investor sell off around the world. Asian markets all closed down around 4 percent, and U.S. futures have been volatile this morning. Louise Story, Wall Street and finance reporter for The New York Times, has the latest.

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The Takeaway

International Investor Jim Rogers Reacts to Tumultuous Markets

Friday, August 05, 2011

The stock market in the U.S. will open later this morning after its worst day in almost three years. Asian and European markets are down, and futures are volatile. Jim Rogers, an international investor who is chairman of Rogers Holdings and Beeland Interests, Inc., and author of "A Gift to My Children: A Father's Lessons for Life and Investing," reacts to the tumult in the international markets. He says long building fear is driving stock prices down around the globe.

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The Takeaway

Market Slump Reflects Fears of Double-Dip Recession

Friday, August 05, 2011

U.S. markets are opening this morning after their worst day in almost three years. The Dow Jones index of thirty blue-chip stocks closed more than 500 points down, or 4.3 percent, the biggest one-day fall since late 2008. Indexes including the S&P 500 also plunged yesterday. The news reflects fears of a slowdown in global growth, concerns about Europe’s debt crisis, and the prospect of a double dip recession.

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It's A Free Country ®

Did Anyone Make Money on the Debt Ceiling Nightmare?

Thursday, August 04, 2011

Is the Pope Catholic? While no one is gloating publicly, there are plenty of ways that a resourceful trader could have made millions as the country barreled towards the financial cliff of not raising the debt ceiling.

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The Takeaway

This Week's Agenda: GOP Debate, Economy, Netroots

Monday, June 13, 2011

The GOP will see it's first major debate with all its prominent players in New Hampshire today. Mitt Romney, Newt Gingrich, Michele Bachmann, and Rick Santorum are all expected to participate. Todd Zwillich, The Takeaway's Washington correspondent, is most interested in how Bachmann and Santorum try to "out-conservative" each other to gain the following of those who don't support Mitt Romney. A topic that will surely be a key part of the debate will be the poor state of the economy. A set of key economic indicators is set to be released this week. Charlie Herman, economics editor for The Takeaway and WNYC, is expecting retail sales to fall, and a stock market finishing down for six weeks in a row is certainly not helping either. 

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The Takeaway

Bad Economic News Sends Markets Plummeting

Thursday, June 02, 2011

Stocks plummeted Wednesday after reports that the U.S. factory sector experienced its biggest one-month drop off in May since 1984. Weak factory sector figures, combined with dreary manufacturing data from around the world, and continuing high unemployment doesn't just present a political problem for the Obama White House. Some economists worry the economy could face a "double-dip" recession. "Financial crises are followed by slow recoveries," says Kelly Evans, "Ahead of the Tape" columnist for The Wall Street Journal.

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The Brian Lehrer Show

Underfunded 401Ks

Tuesday, February 22, 2011

Wall Street Journal stock market reporter E.S. Browning, reports that boomers with 401K retirement plans are starting to discover they haven't saved enough. 

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The Brian Lehrer Show

NYSE Goes German

Wednesday, February 16, 2011

Felix Salmon, finance blogger for Reuters, discusses the sale of the New York Stock Exchange to the German company Deutsche Börse Group and why he thinks the stock market is quickly becoming irrelevant.

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WNYC News

Financial 411: Weekly Business Roundup

Friday, February 11, 2011

The New York Stock Exchange could soon be married off to a suitor — from Germany. We'll review that and all the week's business news.

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The Brian Lehrer Show

GM is Public Again

Thursday, November 18, 2010

Neal Boudette, Detroit bureau chief for The Wall Street Journal, on GM's return to being a publicly traded company.

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WNYC News

Financial 411: A Review of This Week's Economic News, with Some Thoughts From Business Journalists

Friday, October 01, 2010

It looks like the Federal Reserve is not done with efforts to get the economy back on track. Speaking in New York today, an influential member of the central bank's policymaking group said more action by the Fed is likely.

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The Leonard Lopate Show

The Zeroes

Wednesday, July 07, 2010

Randall Lane discusses unwittingly becoming a Wall Street power broker during the decade he calls the Zeroes, when he started a small magazine company that put him near the center of the biggest boom in history. He book The Zeroes: My Misadventures in the Decade Wall Street Went Insane is an insider's memoir of a gilded era on Wall Street—and its demise.

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