Tag Archives: crisis

New stock market milestone: Dow 15,000

NEW YORK (AP) — The Dow Jones industrial average punched through another milestone Tuesday, closing above 15,000 for the first time just two months after recovering the last of its losses from the 2008 financial crisis. Continue reading

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Foreclosure compensation checks arrive, but anger some homeowners

Millions of American homeowners who have struggled with foreclosures are now receiving checks for compensation from the companies that serviced their mortgages — part of the federal government’s efforts to resolve the foreclosure crisis. But some of those receiving checks tell NBC News that the payments are an insult that neither punishes the banks enough for “deficient” practices nor helps harme… Continue reading

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Clint Eastwood — Ringless Amid Marriage Troubles

With his wife in rehab and his marriage in crisis, Clint Eastwood was seen on the streets of New York yesterday … not wearing his wedding ring Continue reading

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Spain: Parliament Protest As Jobless Rate Rises

Around 1,000 demonstrators take to the streets of Madrid as the unemployment crisis in Spain accelerates. Continue reading

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S&P asks federal judge to dismiss U.S. fraud lawsuit

By Luciana Lopez and Aruna Viswanatha (Reuters) – Standard & Poor's asked a federal judge on Monday to dismiss a U.S. Justice Department civil suit against the rating agency, arguing the government's case is based on vague statements that cannot be used to prove fraud. In a $5 billion suit, the U.S Continue reading

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North Korea Rebuffs Talks As A ‘Crafty Trick’

The reclusive nation dismisses the South’s call for negotiations, as the US and Japan discuss the mounting crisis. Continue reading

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The Wacky World of Gold and Silver

NEW YORK (TheStreet) — As I write, the price of gold has plunged 5% in one morning, to $1,486, and silver is down nearly 4.6%, to $26.17. From their highs during the last two years, silver has corrected nearly 50% and gold has given back almost 22% since it hit $1,911 in 2011. Now here’s the strange and wacky part of all this. Continue reading

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Homeless Fears For Millions Without Savings

Shelter says many Britons live “on the edge of a crisis”, with no money to pay their rent or mortgage if they lose their job. Continue reading

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Markets flatfooted as US earnings season begins

LONDON (AP) — A mixed earnings report from aluminum company Alcoa Corp. failed to provide markets with much direction Tuesday amid continuing concerns over North Korea, bird flu in China and Europe's debt crisis kept many investors on the sidelines. Continue reading

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Markets steady as US earnings season begins

LONDON (AP) — A mixed earnings report from aluminum company Alcoa Corp. failed to provide markets with much direction Tuesday as concerns over North Korea, bird flu in China and Europe's debt crisis kept many investors on the sidelines. Continue reading

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