Obama on the Defensive as Stock Rebound Continues

Staff / Truthdig Mar 13, 2009 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. Dig deeper ( 1 Min. Read )

Rally

Mike Luckovich / Truthdig Mar 12, 2009 Dig deeper

Good Economic News, for a Change

Staff / Truthdig Mar 11, 2009 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. Dig deeper ( 1 Min. Read )

Dow Slides Below 7000, No End in Sight

Staff / Truthdig Mar 3, 2009 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. Dig deeper ( 1 Min. Read )

U.S. Economic Shrinkage Worst in 25 Years

Staff / Truthdig Feb 27, 2009 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. Dig deeper ( 1 Min. Read )

Dow and Out on Wall Street

Staff / Truthdig Feb 24, 2009 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. Dig deeper ( 1 Min. Read )

Jobless Rate Rises, Stock Market Dives

Staff / Truthdig Feb 20, 2009 The employment market and the stock market both took major hits Thursday, with new jobless claims registering as high as 627,000 and market indicators like the Dow Jones industrial average and the Nasdaq composite index dipping alarmingly low. Dig deeper ( 1 Min. Read )

The Peril and Promise of Interesting Times

Eugene Robinson / Truthdig Nov 27, 2008 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. Dig deeper ( 3 Min. Read )

Stocks Rise as Geithner Becomes Treasury Front-Runner

Staff / Truthdig Nov 22, 2008 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. Dig deeper ( 1 Min. Read )

Dow-nward Spiral

Staff / Truthdig Nov 21, 2008 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. Dig deeper ( 1 Min. Read )

How to Stabilize the Stock Market

Mike Keefe, The Denver Post Nov 14, 2008 Dig deeper

What Goes Down … Dow Up 10 Percent

Staff / Truthdig Oct 29, 2008 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. Dig deeper ( 1 Min. Read )