Tag: stock market
Bear Market Growls on Wall Street
(AP) Fears about a possible recession are pounding markets Monday, and Wall Street's S&P 500 tumbled into the maw of what's known as a...
Musk Threatens to Walk Away from Twitter Deal
(AP) Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information...
Can Elon Musk Inspire an Anti-ESG Investing Wave?
(Robert E. Wright, American Institute for Economic Research) It’s fun to see memes suggesting that Elon Musk should buy Alphabet, Amazon, Coca Cola, Disney,...
Stocks Sink on New COVID Variant; Dow Loses 1,000 Points
(Associated Press) Stocks fell sharply Friday, with the Dow Jones Industrial Average down more than 1,000 points, as a new coronavirus variant from South...
Stock Tied to Trump Media Venture Soars in Another Frenzy
(Associated Press) The company planning to bring President Donald Trump’s new media venture to the stock market soared further on Friday amid another frenzy...
Stocks Move Broadly Higher as Debt Standoff Ends
(Associated Press) Stocks rose broadly at midday on Wall Street as investors welcomed the end of a standoff in Congress over extending the federal...
Stocks Fall on Fears of Contagion from China Real Estate
(Associated Press) Stocks slumped on Wall Street Monday, mirroring losses overseas and putting the S&P 500 index on track for its biggest drop since...
Pfizer Hikes Outlook After Vaccine Boosts Profits
(Associated Press) Strong sales of its COVID-19 vaccine and other medicines helped Pfizer nearly double its second-quarter revenue and boost its profit an impressive...
As Stock Prices Peak, Markets Begin to Fear Looming Threats
(Associated Press) With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an anxious...
Musk Under Fire Again: CEO to Testify Over Tesla Acquisition
(Associated Press) In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a "no brainer"...
