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Jane M. Hightower
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Christopher Weyant, Cagle Cartoons, The Hill —
Posted on Mar 12, 2013
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Larry Wright, Cagle Cartoons —
Posted on Mar 6, 2013
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Associated Press
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By Bill Boyarsky — The recent Leveson Report on the British hacking scandal shows the danger of the media baron adding to his already vast American holdings.
Posted on Dec 5, 2012
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A. Strakey (CC BY-ND 2.0)
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Almost 40 years after the end of the Vietnam War, the United States has established a cleanup program to address the effects of toxic chemicals used during the conflict that continue to afflict the Vietnamese people with cancers, birth defects and other diseases.
Posted on Aug 10, 2012
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ToonariPost
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Jittery investors now have even more to worry about after a disappointing May jobs report slammed Wall Street on Friday, wiping out the entire gains for the stock market this year. The Dow Jones industrial average fell 275 points, or 2.2 percent. The Nasdaq and S&P 500 were also down, dropping 2.8 percent and 2.5 percent, respectively.
Posted on Jun 1, 2012
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RJ Matson, Cagle Cartoons, Roll Call —
Posted on Mar 11, 2012
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ssoosay (CC-BY)
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Londoners will get the chance to say bon voyage to James Murdoch as he flees his embattled role as chairman of the crisis-ridden News International to oversee News Corp.’s television operations from a Manhattan office.
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Flickr / SimplySchmoopie (CC-BY-SA)
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Traditionally, the holiday season brings good tidings for the stock market, too. There’s even something called “the Santa rally,” we learned from this Wall Street Journal article. Neat! But this year, with trouble on the European front and the ongoing recession (yes, that reads “recession”) at home, there may be less to look forward to, or so market forecasters fear.
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AP / Daniel Roland
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This week’s European crisis summit in Brussels has produced an agreement in an effort to mitigate what was looking like an inevitable economic catastrophe, judging by the dire situation in Greece and elsewhere in the eurozone. By Thursday, international markets were registering the results.
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Angel Boligan, Cagle Cartoons, El Universal, Mexico City —
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Pavel Constantin, Cagle Cartoons, Romania —
Posted on Aug 14, 2011
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Pavel Constantin, Cagle Cartoons, Romania —
Posted on Aug 7, 2011
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Brian Fairrington, Cagle Cartoons —
Posted on Aug 7, 2011
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Osama Hajjaj, Cagle Cartoons, Abu Mahjoob Creative Productions —
Posted on Aug 3, 2011
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Wikimedia Commons
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We knew capitalism was crazy, but it turns out it took only a single sale of $4.1 billion in futures to put into motion a series of events that culminated in the “flash crash” of May 6, during which the Dow Jones dropped 600 points in just a matter of minutes.
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AP / Henny Ray Abrams
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The good news is that the U.S. stock market has enjoyed its “strongest September in 71 years” thus far this month, according to The Wall Street Journal. The bad news is that September ain’t over yet, and that hopeful trend didn’t quite last through Monday.
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Wikimedia Commons / AgnosticPreachersKid
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Remember that crazy time back in May when the Dow Jones unexpectedly dropped by almost 1,000 points in only half an hour? Well, the SEC has finally worked in some protection against such sudden plunges by expanding the number of stocks subject to its current “circuit-breaker rule.”
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AP / Seth Wenig
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The news from Wall Street wasn’t great as the week wrapped up and trading shut down Friday, although it wasn’t bad across the board. The stock market took a tumble, registering ongoing worries about ... (continued)
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AP / Daniel Roland
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The Icelandic volcano isn’t the only problem blowing over from Europe, judging by Thursday’s dismal stock market dive, touched off in part by problems in the euro zone as well as homegrown concerns about the American government’s plans for financial regulation.
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Flickr / jpellgen
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After the Dow’s freaky dip last week, Monday’s news that the U.S. stock market was closing in on its biggest day in terms of gains this year might just boost some spirits on and off the trading floor.
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Flickr / omar_chatriwala
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Dubai’s debt issues caused trouble in other parts of the world Friday. Stock markets from Europe to Asia to the U.S. registered the effects of the city-state’s announcement that it would need to put off paying back $60 billion in debt incurred from investments, according to The Wall Street Journal.
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flickr/specialkrb
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Whoops! The bad news in this bulletin is that the U.S. economy didn’t grow at quite the rate—3.5 percent—from July through September that the Department of Commerce previously said it had. The good news: It still grew, albeit at the whittled-down pace of 2.8 percent during that time.
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What’s with all these fancy economic algorithms that supposedly explain what goes down (or up) on Wall Street but are unintelligible to the average American? Why not make a new model that everyone can understand—and that’s always on the up-and-up?
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Flickr / epicharmus
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What a deal! Timothy Geithner’s new plan to save the banks from themselves commits American taxpayers to a massive purchase of the toxic assets that the banks had originally insisted were risk-free investments. Of course, Wall Street loved the news. Update
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Wikimedia Commons / federalreserve.gov
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Friday brought more news from purportedly reliable sources close to Barack Obama, this time suggesting that the president-elect was zeroing in on Timothy Geithner as his pick for treasury secretary and New Mexico Gov. Bill Richardson for commerce secretary.
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Wikimedia Commons / Asymptote Architecture
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The Dow shot up more than 900 points Monday after nations around the world pitched into the effort to resuscitate the dangerously flagging global marketplace by announcing their own rescue plans.
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AP photo / Richard Drew
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Finally, some slightly better financial news has hit the wires after months of sobering reports: Oil prices dropped to a three-month low on Tuesday, which may be due to “the softening market,” as one analyst puts it in this NYT account, but whatever the reason it still means a slight reprieve from weeks of punishing prices. Stock markets had their biggest gains in four months.
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online.wsj.com
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Wall Street Journal Managing Editor Marcus Brauchli is said to be leaving his post after 24 years at the paper—an unexpected development that media-watchers are attributing to conflict over new owner Rupert Murdoch’s plans for the newspaper.
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The short month of February was long on economic problems, as 63,000 U.S. jobs were lost over the 29 days. In other words, for those betting that a recession isn’t around the corner, the outlook is dim.
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Officials at the Federal Reserve are running out of creative ways to stave off a recession and expect the U.S. economy to slow to a crawl in 2008, with a growth rate of only 1.3 to 2 percent over the year.
Posted on Feb 20, 2008
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AP photo / Richard Drew
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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.
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AP photo / Richard Drew
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Change is afoot at the Wall Street Journal. As of Wednesday, mega-mogul Rupert Murdoch is just a day shy of officially owning The Journal (although shareholders haven’t officially signed off on the sale yet), but he’s already looming large at the paper’s Dow Jones & Co. headquarters.
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Media tycoon Rupert Murdoch has long coveted The Wall Street Journal and has now reached a deal to buy parent company Dow Jones & Co. Many employees of the iconic paper and two board members who resigned expressed fears that the conservative Murdoch would damage the Journal’s objectivity and journalistic integrity, as with previous conquests.
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A weekly British business magazine, appropriately named The Business, reported Friday that media tycoon Rupert Murdoch had successfully added Dow Jones & Co. Inc. to his News Corp. empire, but other sources insist the deal is not yet sealed.
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By Joe Conason — While Rupert Murdoch is as conscious of his image as any other legendary villain, he also seems to possess a sense of humor—or at least somebody around him does. Early in his ongoing bid to take over Dow Jones Publishing and The Wall Street Journal, a Murdoch spokesman said that the media mogul would reassure those who may fear for the paper’s independence and integrity with all of the “necessary promises.”
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Too Soon to Tell: The Case for Hope, Continued
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