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Specialist Gregg Maloney works at his post on the floor of the New York Stock Exchange on Wednesday. Stocks are extending their slump on Wall Street, led by drops in big technology companies, as rising bond yields draw investors out of stocks.
Business

Stocks plunge nearly 10% after surprise Fed rate cut fails to stem panic

Jay Heflin -
0
Specialist John Parisi works at his post on the floor of the New York Stock Exchange, Tuesday, Oct. 23, 2018. U.S. stocks slumped broadly on Wall Street Tuesday, sending the Dow Jones Industrial Average down 400 points and extending the market's recent string of losses.
Economy

Market futures plunge as dramatic Fed action fails to reassure investors

Joseph Lawler -
0
Specialist Gregg Maloney works at his post on the floor of the New York Stock Exchange on Wednesday. Stocks are extending their slump on Wall Street, led by drops in big technology companies, as rising bond yields draw investors out of stocks.
Business

Stocks plunge despite Fed’s emergency intervention

Jay Heflin -
0
Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, D.C.
Economy

Fed enacts emergency half-percentage-point rate cut in response to coronavirus fears

Joseph Lawler, Jay Heflin -
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FILE - In this July 16, 2014 file photo, trader Benedict Willis uses his moblie phone as he works on the floor of the New York Stock Exchange. Stocks are pricier, tensions between Russia and the West are mounting, and Israel has rolled into Gaza to stop a deadly air war. And yet investors shrug it all off and keep pushing the market higher. (AP Photo/Richard Drew, File)
Business

Stock markets suffer worst week since 2008 as investors fear fallout from coronavirus outbreak

Jay Heflin -
0
Chairman Jerome Powell says Fed ready to protect economy amid coronavirus fears
Economy

Chairman Jerome Powell says Fed ready to protect economy amid coronavirus fears

Joseph Lawler, Nihal Krishan -
0
Rep. Rashida Tlaib, a Democrat from Michigan.
Economy

Rashida Tlaib urges Federal Reserve to bail out bankrupt Detroit and Puerto Rico

Andrew Mark Miller -
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Federal Reserve Chairman Jerome Powell attends a meeting of the Federal Reserve Board to discuss proposed rules to modify the enhanced prudential standard framework for large banking organizations, Wednesday, Oct. 31, 2018, at the Marriner S. Eccles Federal Reserve Board Building in Washington.
Business

Fed chairman warns Congress to reverse deficits now when economy is strong

Jay Heflin -
0
Just 6.9 percent of black adults were unemployed in February, according to the Bureau of Labor Statistics. (AP Photo/Lynne Sladky)
Business

Wage growth slowed for a good reason

Jay Heflin -
0
Chairman Jerome Powell arrives at the Federal Reserve in Washington.
Business

Fed holds rates steady amid coronavirus market jitters

Jay Heflin -
0
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