wall street - Page 113 of 113

U.S. Job Loss Highest in 5 Years

Staff / Truthdig Mar 7, 2008 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. Dig deeper ( 1 Min. Read )

Dow Drops Over 300 Points

Staff / Truthdig Jan 18, 2008 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. Dig deeper ( 1 Min. Read )

Shades of ’29?

Staff / Truthdig Nov 2, 2007 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. Dig deeper ( 1 Min. Read )

The Rise and Fall of Stan O’Neal

Eugene Robinson / Truthdig Oct 30, 2007 It's not surprising in the cutthroat world of Wall Street to see a big-time CEO such as Stanley O'Neal float out of the boardroom with a golden parachute. What is significant is that this grandson of a slave managed to become one of the "Masters of the Universe" in the first place. Dig deeper ( 3 Min. Read )

Goldman Sachs CEO Nominated as Treasury Secretary

Staff / Truthdig May 30, 2006 Finally, after months of hanging in the pink slip rumor mill, John Snow can move on. The White House has named Henry M. Paulson as the newest Treasury secretary; here's what we know according to the Washington Post and NYT: He was reluctant to accept the job. He worked in the Pentagon as a young man. He "has been a Goldman Sachs executive since 1974, pulling down a compensation package in 2005 of $37 million." He is "a birdwatcher who can often be found in Central Park with his binoculars." Thank you mainstream media for your thorough profile of this very important man. Dig deeper ( 1 Min. Read )

Panic in the Newspaper Biz

Molly Ivins / Truthdig Mar 23, 2006 "I don't so much mind that newspapers are dying -- it's watching them commit suicide that pisses me off." Dig deeper ( 4 Min. Read )

Former Enron CFO Implicates Skilling

Staff / Truthdig Mar 8, 2006 Andrew Fastow, the company's former chief financial officer, testifies that he concocted fraud in face-to-face meetings with Enron's chief executive, Jeffrey Skilling Also, check out Robert Scheer's latest column on Enron, or a compendium of earlier ones . Dig deeper ( 1 Min. Read )