|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By Elliot D. Cohen
$17.14
By Charlotte Mosley
$26.37
$40
|
|
|
|
futureatlas.com (CC BY 2.0)
|
Critics say a new White House-sponsored program aimed at encouraging the development of “green solutions” to energy and manufacturing problems is a green light for corporate giants like Exxon Mobil, BP, Chevron, Monsanto and Dow to develop the “bioscience” industry without government oversight.
|
AP / Mark Lennihan
|
Analysts are heralding the Dow Jones’ jumps past 13,000 on two brief occasions Tuesday as a sign that all this talk of economic recovery may be more bull market than, well, bull. Here’s hoping they’re right.
Posted on Feb 21, 2012
READ MORE 
|
Flickr / Davide "Dodo" Oliva
|
U.S. and European markets played follow the leader Friday, as the three main stock indexes in both regions tumbled nearly 3 percent together. Among other events, analysts pointed fingers at the euro, uncertainty over President Obama’s jobs speech and doubt over Greece’s ability to address its financial problems.
|
Flickr / ex_magician
|
In 2006, more than 50 scientists and doctors—five nobel laureates among them—wrote an urgent letter to the EPA warning of the dangers of the pesticide methyl iodide. In 2007, the agency approved its use. (more)
|
|
The stock market continued its best imitation of a roller coaster this week, reports of Syrian protesters’ deaths came in after assurances that military operations against the opposition had ceased, and American liberals cringed at the thought of another former Texas governor in the White House. (more)
|
Flickr / b00nj
|
U.S. stocks sank almost 6 percent Monday, as investors disposed of risky assets and bought low-yielding but more secure Treasury bills and bonds, despite Standard & Poor’s recent downgrade of the U.S. government credit rating. (more)
|
Flickr / Policy Network
|
After six straight weeks of a falling Dow and a period of stalled economic growth, the stagnation of national recovery is glaringly visible to everyone—except our representatives in Washington, says Robert Reich.
|
finance.google.com
|
Fears that this might be a jobless recovery turned into fears that this might not be a recovery at all on Thursday as the Dow dropped about 1,000 points. It quickly rallied, leaving the loss at the world’s biggest casino at 347.80. (continued)
|
Wikimedia Commons / Scrumshus
|
Four Republicans, including Scott Brown of Massachusetts, broke ranks Monday to help Democrats move an extension of unemployment benefits forward. The Dow may be over 11,000 again, but real unemployment is hovering around 17 percent, close to an all-time high.
Posted on Apr 12, 2010
READ MORE
|
gawker.com
|
The Obama administration, perhaps getting wise to public opinion, is lashing out at Wall Street firms. White House senior adviser David Axelrod called the huge bonuses executives received this year “offensive” in light of the fact that the rest of us are struggling through an economic crisis.
|
Flickr / I.Gouss
|
Put down your pitchforks and pick up the champagne. Boom times are here. The Dow is over 10,000 for the first time in a year. What’s that? Real unemployment is at 17 percent, and they’re foreclosing your house? Stop being such a communist and party!
|
|
By Marie Cocco — Once again we may be fooling ourselves into thinking that the buying and selling of paper assets is the same as the buying and selling of tangible goods made by real workers.
|
Flickr / epicharmus
|
The Toxic Asset Relief Program was originally designed to save the banks from their bad bets by purchasing toxic assets, but has since evolved into something of a multipurpose slush fund. Now the Obama administration is getting back to the business of buying junk, elaborating on a plan that sent the Dow tumbling when it was first announced. Update
|
White House / Chuck Kennedy
|
The Dow is up another 240 points, gaining 9.5 percent over the last three days, but the president doesn’t want you getting too excited about it—or too distraught when things inevitably swing the other way.
|
Flickr / chakote
|
The Dow had a big day on Tuesday, leaping 379 points after Citibank reported two months of profits and Fed chief Ben Bernanke indicated the banks could have some wiggle room in the accounting of their junk assets. The day may have ended with high-fives on Wall Street, but there’s good reason to stay gloomy.
|
Wikimedia Commons / Paul Sparkes
|
The Dow Jones industrial average fell to 6763.29 Monday. In less than a year and a half, the market has lost more than half of its value. More bad news from the financial sector has some analysts worried that rock bottom is still a long way away.
|
blogspot.com
|
Either the U.S. economy was in the pool during the last three months of 2008 or the economic crisis is worse than expected. The nation’s GDP shrank 6.25 percent in the fourth quarter of last year, almost doubling the preceding quarter’s contraction rate of 3.8 percent.
|
collage: Flickr (epicharmus) / Google
|
The Dow hasn’t been this low since “Titanic” won Best Picture, appropriately enough. Investors, apparently convinced the worst is yet to come, sent stocks tumbling to a 12-year low on Monday. The Dow sank to a depth of 7114.78.
|
|
By Eugene Robinson — If things get much more “interesting,” we might have a collective nervous breakdown. But along with the anxiety, there’s also a sense of rare opportunity—a chance to emerge better than we were economically, politically and socially.
|
finance.google.com
|
In a little over two weeks, the Dow has tumbled more than 2,000 points as bad economic news continues to pile up. Word on Thursday that jobless claims hit a 16-year high, combined with a dreary outlook for Detroit and a lack of confidence in major financial institutions, helped drive the DJIA down to 7,552.29.
|
|
Mike Keefe, The Denver Post —
|
tickertapedigest.com
|
The Dow shot up 889.35 points on Tuesday, a welcome respite from Wall Street’s month of plunges. Things could still get a lot worse: While some buyers snapped up what looked like bargain stocks, others said they expected a major drop before things get better.
|
commons.wikimedia.org
|
The Dow gained 401.35 points Thursday but had volatile swings through most of the day. Investors, The Wall Street Journal reports, are still trying to figure out what stage of suck the economy is in.
|
commons.wikimedia.org
|
It seems like only a couple of days ago that the Dow jumped 936 points. The market went back to freaking everyone out on Wednesday, with a sobering drop of 733.08 points. Stimuli and bailouts aside, it appears that we’re in for a substantial recession.
|
news.bbc.co.uk
|
After seven straight drops, the Dow landed at 8579.19 on Thursday, a year to the day after hitting a record of more than 14,000 points. The owners of the national debt clock in New York, meanwhile, announced they will add two digits to the board in order to display a quadrillion—because that’s where we’re headed.
|
AP photo / Manuel Balce Ceneta
|
There will hopefully come a day when the news from Wall Street is actually good (at the moment, anything better than utterly terrifying news would be nice), but Tuesday was not that day, despite Federal Reserve Chairman Ben Bernanke’s intimations that help could soon be on the way.
|
Flickr / epicharmus
|
A sense of gloom still hangs over the economy, but there was cause for celebration Monday. Home sales are up for the first time in months, the dollar has regained some ground against the euro, and Wall Street had a triple-digit day. So why aren’t investors smiling?
|
AP photo / Richard Drew
|
Winter 2008 is shaping up to be a gloomy season for the American economy, with mounting concerns over subprime mortgage prices and a plunging stock market. Thursday was a particularly dreary day on Wall Street, with the Dow Jones industrial average down 307 points and the Standard & Poor’s 500 falling almost 3 percent.
|
AP photo / Richard Drew
|
Thursday was not a good day on Wall Street, with the Dow dropping over 362 points to close at 13,567.87. Meanwhile, the S&P 500, like the Dow, fell 2.6 percent, and the Nasdaq also took a hit, dipping 2.25 percent by day’s end.
|
news.yahoo.com
|
The stock market Tuesday had its worst day since 9/11 as investors around the world began to lose faith in the U.S. economy. The Dow fell by 4.3 percent, and S&P estimated total losses at $632 billion. The development came only a day after Alan Greenspan warned of a potential recession.
|
View the most popular tags overall?
|
|
Too Soon to Tell: The Case for Hope, Continued
Newsletter 
Like Us
Follow Us
Get Our Feed
