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US Stocks Fall Slightly in Early Friday Trading

Posted September 23rd, 2011 at 10:20 am (UTC-5)
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U.S. stock indexes dropped slightly in early trading Friday, a day after markets plunged. The Dow Jones Industrial Average is off three-tenths of one percent, while both the S&P 500 and the NASDAQ are down one-tenth of a percent. European stock markets are lower in afternoon trading. London’s Financial Times 100 index is off four-tenths […]

Tags: , , , Posted in Europe

Global Stock Markets Retreating More on Friday

Posted September 23rd, 2011 at 9:50 am (UTC-5)
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Asian and European stock markets plummeted again on Friday as investors feared the world is headed into another recession. Finance officials from 20 of the world’s emerging and wealthy nations pledged to launch a coordinated effort to bolster the struggling global economy. But that did little to calm the worries of investors who have watched […]

Tags: , , , Posted in Economy

Global Markets Plunge on US Economic Recovery Doubts

Posted September 22nd, 2011 at 3:15 pm (UTC-5)
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Global stock markets plunged Thursday as investors worried that the U.S. economy, the world’s largest, would not turn robust anytime soon and instead help drag the world economy into another recession. U.S. stock markets plummeted about 4 percent in late-day trading, with the broad-based S&P index of 500 companies retreating to its lowest point of […]

Tags: , , , Posted in Economy

Global Markets Plunge on Economic Recovery Doubts

Posted September 22nd, 2011 at 12:16 pm (UTC-5)
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Global stock markets plunged Thursday in reaction to the U.S. central bank’s dim prospects for the world’s largest economy and fears that its latest move to boost the economy will not prove effective. Asian markets dropped sharply, major European exchanges fell close to 5 percent or more, while U.S. stock markets also plummeted in midday […]

Tags: , , , Posted in Economy

Striking Greek Workers Protest New Austerity Cuts

Posted September 22nd, 2011 at 12:00 pm (UTC-5)
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Striking Greek transport workers brought Athens to a standstill Thursday in a new protest against austerity measures imposed by the government to secure international financing for the debt-ridden country. Public transport workers and taxi drivers walked off their jobs, as well as air traffic controllers and teachers. Some newspapers also reacted angrily to the demands […]

Tags: , , , Posted in Economy

Global Markets Plunge on Economic Recovery Doubts

Posted September 22nd, 2011 at 11:11 am (UTC-5)
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Global stock markets plunged Thursday in reaction to the U.S. central bank’s dim prospects for the world’s largest economy and fears that its latest move to boost the economy will not prove effective. Asian markets dropped sharply, major European markets were all off more than 4 percent in afternoon trading and U.S. stock markets also […]

Striking Greek Workers Protest New Austerity Cuts

Posted September 22nd, 2011 at 10:30 am (UTC-5)
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Striking Greek transport workers brought Athens to a standstill Thursday in a new protest of austerity measures imposed by the government to secure international financing for the debt-ridden country. Public transport workers and taxi drivers walked off their jobs, as well as air traffic controllers and teachers. Some newspapers also reacted angrily to the demands […]

Tags: , , , Posted in Economy, Europe

Global Stock Markets Plunge on Doubts About US Economic Recovery

Posted September 22nd, 2011 at 9:01 am (UTC-5)
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Global stock markets plunged Thursday in reaction to the U.S. central bank’s dim prospects for the world’s largest economy and fears that its latest move to boost the economy will not prove effective. Asian markets dropped sharply, and major European markets were all off more than 4 percent in midday trading. The price of crude […]

Greece Set to Impose More Austerity Measures

Posted September 21st, 2011 at 2:20 pm (UTC-5)
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Greece says it will impose new austerity measures in an effort to convince its international creditors that it deserves another portion of last year’s bailout money to avoid a default next month. The Athens government said Wednesday it will increase the number of civil servants receiving only 60 percent of their normal salaries, cut pensions […]

Tags: , , , Posted in Economy

US Stocks Mixed in Midday Trading Wednesday

Posted September 21st, 2011 at 12:40 pm (UTC-5)
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U.S. stock indexes are mixed in midday trading Wednesday. The Dow Jones Industrial Average is down three-tenths of a percent, while the S&P 500 is off four-tenths of one percent. The NASDAQ is up one-half of one percent. European stock prices fell sharply. London’s Financial Times index ended down 1.4 percent to close at 5,288. […]

Tags: , , , Posted in Economy

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