Avie Schneider

Avie Schneider appears in the following:

Stocks Go Into Shock. Dow Plunges Nearly 3,000 Points

Monday, March 16, 2020

The Dow tumbled nearly 13% after the Federal Reserve aggressively cut interest rates to near zero and as the nation imposed more restrictions in an effort to curb the spread of the coronavirus.


Markets In Europe, Asia Plummet After Central Banks Slash Rates Amid Coronavirus

Sunday, March 15, 2020

The Federal Reserve cut its key interest rate to near zero — a dramatic move not seen since the depths of the 2008 financial crisis. The Bank of England and Bank of Japan made similar moves.


Dow Soars Nearly 2,000 Points In Rebound From Biggest Drop Since 1987

Friday, March 13, 2020

The Dow Jones Industrial Average and other major stock indexes jumped as President Trump declared a national emergency to deal with the coronavirus pandemic.


Stocks Enter Bear Market. What Does It Mean?

Thursday, March 12, 2020

Analysts like to say that the stock market is not the economy. But a bear market reflects concerns and anxieties about the economy, and at times a bear market is accompanied by a recession.


Dow Plunges 2,300 Points: Stocks In Meltdown As Panic Selling Continues

Thursday, March 12, 2020

The Dow Jones Industrial Average fell nearly 10% — its biggest one-day drop since 1987 — as the coronavirus pandemic continued to rattle markets. Trading was temporarily halted earlier in the day.


Dow Dives 1,400 Points, Entering Bear Market, As Coronavirus Fears Grow

Wednesday, March 11, 2020

Major stock indexes were down around 20% from their peaks in February, signaling an end to the 11-year bull market as investors fear the worst about the coronavirus pandemic.


Dow Bounces Back, Jumping More Than 1,100 Points After Market's Terrible Day

Tuesday, March 10, 2020

Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed President Trump's call for a payroll tax cut and other steps to help the economy amid the coronavirus epidemic.


How Stock Market Circuit Breakers Work

Monday, March 09, 2020

Trading on the New York Stock Exchange was halted briefly Monday morning when the S&P 500 index fell 7%. Here's how these automatic circuit breakers work.


Dow Dives More Than 2,000 Points; Steep Market Slide Triggered Trading Halt

Monday, March 09, 2020

Stock indexes tumbled so fast Monday that marketwide trading was halted temporarily for the first time since October 1997. The Dow Jones Industrial Average fell 2,013 points, or nearly 8%.


Oil Prices, Stocks Plunge After Saudi Arabia Stuns World With Massive Discounts

Sunday, March 08, 2020

Oil prices dropped as much as 30% following the unexpected Saudi decision to cut prices and boost production. The move reflects the uncertainty surrounding the coronavirus and its economic effects.


Jack Welch, Legendary CEO Of General Electric, Dead At 84

Monday, March 02, 2020

Welch, dubbed "manager of the century" in 1999 by Fortune magazine, grew GE into an industrial powerhouse. During his reign, the company's market value skyrocketed to $410 billion from $12 billion.


'Miami Herald,' 'Kansas City Star' Publisher McClatchy Files For Bankruptcy

Thursday, February 13, 2020

The company, which operates 30 newsrooms in 14 states, announced a Chapter 11 restructuring. Saddled with debt and pension obligations, McClatchy said it will operate as normal during the process.


What We Know About The App That Delayed Iowa's Caucus Results

Tuesday, February 04, 2020

Iowa Democratic Party officials said a new smartphone app designed to speed the results actually ended up delaying them. Last month, NPR reported on security and other concerns with the app.


U.N. Urges Probe Of Reported Hacking Of Jeff Bezos' Phone By Saudi Arabia

Wednesday, January 22, 2020

U.N. human rights experts said they were gravely concerned by reports that a WhatsApp account held by Saudi Crown Prince Mohammed bin Salman was used to hack The Washington Post owner's phone.


Google Founders Sergey Brin And Larry Page Step Down From Top Roles

Tuesday, December 03, 2019

Ending an era at the Internet's biggest search company, Google co-founders Sergey Brin and Larry Page end their leadership roles. Sundar Pichai will become CEO of Google and its parent, Alphabet.


Twitter To Halt Political Ads, In Contrast To Facebook

Wednesday, October 30, 2019

CEO Jack Dorsey announced that Twitter will stop running political ads, citing online ads' "significant risks to politics." Facebook has been criticized for allowing deceptive political ads.


23 Senators Demand Investigation Into Mismanagement Of Student Loan Program

Tuesday, October 29, 2019

The senators are calling on the nation's top consumer protection agency to investigate a loan servicer for the troubled student loan forgiveness program for public service workers.


WeWork CEO Steps Down As IPO Stalls

Tuesday, September 24, 2019

Adam Neumann, the workspace sharing company's co-founder, is quitting as CEO amid problems with WeWork's efforts to go public. The company's estimated value has dropped by more than half.


Appeals Court Reinstates Lawsuit Against Fox News Over Seth Rich Story

Friday, September 13, 2019

A federal appeals court reinstated a lawsuit against Fox News and two other defendants over its coverage of the death of Seth Rich, a 27-year-old Democratic Party aide who was murdered in July 2016.


T. Boone Pickens, Iconic Oil Tycoon, Dead At 91

Wednesday, September 11, 2019

The legendary energy executive, whose name symbolized big oil, died Wednesday at age 91. He founded the company that became Mesa Petroleum and later began a hedge fund focused on energy investments.