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Dow Jones Sent Plummeting Amid Multiple Investor Worries

NEW YORK (CBSNewYork/AP) — The Dow Jones industrial average was sent plummeting Thursday, amid a confluence of worries for investors.

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. 979 more words

News

US stocks plunge, wiping out July's gains

NEW YORK (AP) — For investors, there were few havens on Thursday.

The stock market had its worst one-day drop since February, driven down by a confluence of worries, from weak company earnings to the looming end of stimulus from the Federal Reserve. 613 more words

News

Oh No! Will Target and Walmart Become Obsolete?

Wall Street analysts predicts that we may no longer need stores like retail giants, Target and Walmart. According to the Huffington Post, Shoppers are increasingly turning to the web or to smaller, more conveniently located stores, cutting into the market share of big-box retailers like Walmart and Target, the analysts wrote. 66 more words

National

U.S. Stocks Fall Sharply

U.S. stocks fell sharply, on course to snap a five-month winning streak for the broad stock market.

Traders said there was no single catalyst for the selling, which came on the heels of broad losses in European shares. 380 more words

US News

Basket Options: Wall Street Launders Again!

Have you noticed that the financial wizards of Wall Street tend to implement the same strategies over and over again?

During the late 1980s, for instance, financial institutions turned high-risk “ 651 more words

Tax Inversion

Alibaba Nabs Google's Investors Relations Head Penner

According to sources close to the situation, Alibaba Group has hired Google’s head of investor relations to do the same for the Chinese Internet giant. 236 more words

General