| Jun 23, 2011
| 4:24 PM
(Reuters) - Republicans walked out of budget talks on Thursday, setting up a showdown between President Barack Obama and House Speaker John Boehner over how to extend U.S. borrowing and avoid a looming debt default.
Vice President Joe Biden and a handful...
| Aug 4, 2011
| 11:11 AM
Ten In Michigan Sickened By Tainted Turkey
The USDA is recalling 36 million pounds of Cargill ground turkey in the wake of a multi-state outbreak of antibiotic resistant linked to the death of California man.
Seventy-seven people in some 26 states...
| Aug 7, 2011
| 5:10 PM
Ed Fishel is a year and three months from retirement. Ask him if he noticed that the stock market plunged last week, and the Monkton man will laugh incredulously.
"Are you kidding me?" he said Friday, less than 24 hours after stock-market indexes...
| Aug 5, 2011
| 8:31 PM
So the Dow plunged 513 points Thursday, marking the worst day for the Dow since 2008.
What it means for you depends on where you're invested, said Donald Ackley, Certified Financial Planner with Ameriprise Financial in Williamsburg.
"If you have a...
| Aug 18, 2011
| 7:47 AM
NEW YORK -- Turmoil returned to U.S. stock markets at Thursday's open as renewed concerns about the U.S. and global economies sent major indexes plunging and pushed gold to a new record high.
The Dow Jones industrial average dropped 480 points, or 4.2%,...
| Aug 9, 2011
| 6:30 AM
Financial planners have been trying to both warn and reassure nervous investors over the stock markets' recent plummets.
In fact, CNBC financial guru, Suze Orman, who owns a home in North Broward, advised in a tweet that "these markets could continue...
| Aug 8, 2011
Monday started bad and got worse by the minute and when the dust finally settled the Dow Jones Industrial Average lost 5.6%. That's 2,000 points since April 29th.
Last week Dallas restaurant owner Khanh Dao opened her authentic Vietnamese Diner Pho...
| Aug 10, 2011
| 7:27 PM
As if foreclosures, high unemployment and tight credit weren't enough, would-be homebuyers in the Baltimore region got more fodder for wariness Wednesday as the Dow Jones industrial average plunged more than 500 points and a new local report showed...
| Aug 14, 2011
Despite the wild ride our retirement accounts took this month, knock wood it wasn't the week that was — in October 1929.
On Tuesday, Wall Street rallied, at least temporarily, and then yo-yo'd through the week. On Oct. 29, 81 years ago, the...
| Aug 10, 2011
| 4:59 PM
Two local publicly-held companies came close to double-digit declines when the Dow Jones Industrial Average plunged 519 points Wednesday.
DineEquaity, owner of Applebee's and IHOP, saw its stock drop by 9.9% after it lost $3.93 to close at $35.60 per...
| Aug 10, 2011
| 7:33 PM
Down 11 out of the last 14 sessions, Wall St. finds itself is again in the midst of a historic beating. "I think this a gyration of the financial markets, but I think the stability of the United State is still the core bedrock of the financial system"...