Tech Woes, Worsening Tensions With China Sink U.S. Stocks

MARLEY JAY / The Associated Press Apr 2, 2018 The Dow loses 458.92 points after China raises import duties on a number of U.S. exports, bringing the two economic giants closer to a full-on trade conflict. Dig deeper ( 3 Min. Read )

U.S., World Stocks Plunge on Trade Fears

MARLEY JAY / The Associated Press Mar 23, 2018 The prospect of a full-blown trade war with China hammers U.S. stocks; markets in Germany, Britain, France, Hong Kong, Japan and South Korea all lose ground. Dig deeper ( 4 Min. Read )

Stocks Dive on Trade War Fears After China Sanctions

MARLEY JAY / The Associated Press Mar 22, 2018 The Dow Jones industrial average drops 724.42 points (2.9 percent) on investor worries that trade tensions between the U.S. and China will escalate. Planned sanctions include tariffs on $48 billion worth of Chinese imports. Dig deeper ( 3 Min. Read )

Groundhog Day for the Fed

Nomi Prins / Truthdig Feb 21, 2018 Market forces are colliding as another U.S. financial crisis brews. Meanwhile, sit tight on the roller coaster. Dig deeper ( 8 Min. Read )

Dow Climbs Above 25,000 for the First Time

MARLEY JAY / The Associated Press Jan 4, 2018 The new mark comes just five weeks after 24,000 was reached in an eight-year rally that continues to confound skeptics. Dig deeper ( 4 Min. Read )

Lawmakers Seek to Legalize Pot, Trump Sues Maher, and More

Tracy Bloom / Truthdig Feb 5, 2013 A look at the day's political happenings, including the government's pending legal action against S&P and Joe Scarborough becomes the latest conservative to smack down the NRA. Dig deeper ( 3 Min. Read )

GOP Criticizes Obama After Weak Jobs Report Spurs Stock Market Sell-Off

Staff / Truthdig Jun 2, 2012 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. Dig deeper ( 2 Min. Read )

Chris Hedges on His Lawsuit Against the President

Staff / Truthdig Jan 20, 2012 This week on Truthdig Radio in association with KPFK: The great Internet switch-off; the ACLU vs. jailhouse abuse; S&P's downgrade mania; Robert Scheer on the election, and Chris Hedges discusses his lawsuit against the president. Dig deeper

Chris Hedges on His Lawsuit Against the President

Staff / Truthdig Jan 20, 2012 This week on Truthdig Radio in association with KPFK: The great Internet switch-off; the ACLU vs jailhouse abuse; S&P's downgrade mania; Robert Scheer on the election, and Chris Hedges discusses his lawsuit against the presidentThis week on Truthdig Radio: The great Internet switch-off; the ACLU vs jailhouse abuse; S&P's downgrade mania; Robert Scheer on the election, and Chris Hedges sues the president. Dig deeper ( 1 Min. Read )

S&P Downgrades and Banks: Threats to Global Stability

Nomi Prins / Truthdig Jan 19, 2012 The markets weren’t shocked by last week’s wave of pre-broadcast S&P sovereign debt downgrades. For months, the question wasn’t “if” but “when.” And true to form, just as with the U.S. downgrade, S&P’s reasoning skated the surface of prevailing wisdom.Standard & Poor’s likes moving on Friday nights after the markets are closed. Dig deeper ( 7 Min. Read )

Europe’s Plight Chills Year-End Market Predictions

Staff / Truthdig Nov 26, 2011 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. Dig deeper ( 1 Min. Read )

S&P Accidentally Downgrades France

Staff / Truthdig Nov 11, 2011 The same ratings firm that held the United States hostage to its debt demands and gave the thumbs up to toxic mortgage assets is again in the news for bungling things. Standard & Poor's accidentally announced a downgrade Thursday of France's AAA credit rating. Dig deeper ( 1 Min. Read )