Walz owns no stocks, securities or real estate, per disclosures
Minnesota Governor Tim Walz, the new Democratic vice presidential nominee, doesn’t own any stocks, securities or real estate, according to his latest financial disclosures. Axios Leads the Way Reported disclosure The announcement on Wednesday came after it was announced Tuesday that Walz would run alongside Vice President Harris as the Democratic nominee against former President […]
Wall Street Makes A Comeback: Dow Jumps Over 500 Points After Monday’s Horrific Stocks Day
Traders work on the floor of the New York Stock Exchange during morning trading on August 6, 2024 in New York City. The three major indexes opened slightly higher, a day after the Dow Jones Industrial Average and S&P 500 had their worst trading day since 2022 amid a global sell-off in stocks amid fears […]
Bitcoin, crypto shares plunge as investors pull back on risky stocks amid fears of recession
Bitcoin and U.S. cryptocurrency stocks fell sharply on Monday along with the rest of the stock market as weak jobs data and the Fed’s decision to hold off on cutting interest rates stoked fears of a U.S. economic recession. Bitcoin prices have fallen more than 15% over the past five days, dropping below $55,000 to […]
Japanese Stocks Lose More Points than on ‘Black Monday’ in 1987
Fears of a looming economic recession due to the policies of U.S. Independents Joe Biden and Kamala Harris sent Japan’s stock market into panic on Monday, causing its worst one-day sell-off in history and causing a deeper drop than “Black Monday” in October 1987. The Nikkei’s dizzying drop of 4,451.28 points, driven by increased trading […]
What's behind the massive selloff in tech stocks?
Shares of big technology companies fell sharply on Monday morning amid a broader market sell-off. Nvidia was the biggest faller among the Magnificent Seven tech stocks, opening 14.2% down from Friday’s closing price. Tesla opened down 10.9%, Apple was down 9.6% and Amazon was down 8.2% at the start of trading. Meta, the parent company […]
Biden-Harris Economic Aide Leaves for Campaign as Stocks Plunge, Recession Fear Takes Hold
Gene Sperling, a senior Biden-Harris economic adviser, left the White House on Monday for a campaign trip, the same day that U.S. stocks plummeted and fears of an economic recession became apparent. Sparring is departure Sperling will become a senior economic adviser to Harris’ presidential campaign policy team. He served under Presidents Bill Clinton and […]
U.S. Stocks Plunge as Recession Fear Takes Hold
Major stock indexes fell sharply on Monday morning as concerns grew that the U.S. economy was heading for a severe economic downturn. The drop underscores the extent of investor concern after economic data released last week showed a sharper-than-expected rise in unemployment and slower job growth. Surveys of manufacturing also showed a sharp decline in […]
Stocks plunge as weak jobs report, tech woes rattle Wall Street
Stocks fell sharply on Monday morning as growing concerns about the strength of the U.S. economy and the outlook for microchip production spooked Wall Street. The Dow Jones Industrial Average plunged 2.8% after trading on Monday, opening 1,100 points lower. Dow futures were down more than 1,200 points before the market opened on Monday. The […]
Japanese stocks plunge in largest rout since 1987’s Black Monday
Travel expert Lee Abbamonte appears on “The Big Money Show” to discuss Americans traveling to other countries where the dollar is worth more. Japanese stocks recorded their biggest one-day drop since Black Monday in 1987. The Nikkei stock average fell 12.4% on Monday, its worst drop since the October 1987 crash. The banking sector led […]
US stocks tumble as part of global market sell-off
Hedge fund manager Jonathan Honig of Capitalist Pig advises investors to focus on what’s working in the market right now, and it’s not Big Tech. U.S. stock futures fell sharply on Monday as fears of a U.S. recession caused turmoil across global markets. The Dow Jones Industrial Average fell more than 700 points, Nasdaq futures […]