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Content Tagged As wall_street

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  • Stocks slide as Europe slashes its growth forecast

    November 7, 2012 10:06 AM

    Stocks are opening sharply lower on Wall Street following the presidential election and dire warnings from Europe that a broad recession there is now all but certain. Index futures had been higher early Wednesday but reversed course after the European Union slashed its growth forecast for next year, sending European... more »
  • Stocks open the week higher

    June 4, 2012 10:18 AM

    U.S. stocks are opening higher as calm returns to global markets after a spasm of fearful selling last week. The Dow Jones industrial average rose modestly in early trading Monday, starting from its lowest opening value since December. Bond investors appeared less concerned about the finances of some... more »
  • Occupy protest planned for Capitol

    January 17, 2012 7:49 AM

    WASHINGTON (AP) - Protesters affiliated with the Occupy Wall Street movement will meet outside the Capitol in Washington for what participants hope will become the largest gathering of Occupy activists from around the country. Participants say they plan to decry the influence of corporate money in politics and show... more »
  • Occupy Denver protesters march for 8th week

    November 19, 2011 9:31 PM

    DENVER (AP) - Several hundred Wall Street protesters marched through downtown Denver for an eighth consecutive Saturday and stopped at the state Capitol for a rally. About 300 people cheered speakers who called for single-payer health care or related personal stories of economic hardship. Police escorted the marchers... more »
  • "Occupy" tents in Acacia Park no more ... for now

    October 16, 2011 12:08 PM

    Lt. Pat Rigdon, Colorado Springs Police Department, says that "Occupy" protestors in Acacia Park were issued a warning stating that camping on public property is prohibited around 7:15 am on Sunday morning. Soon after, members of the movement tore down the tents by 9 am and no police hands were... more »
  • Labor unions join protesters

    October 6, 2011 4:10 AM

    NEW YORK (AP) - Labor leaders say they'll keep supporting anti-Wall Street protesters, who've been camped out near New York's Financial District since Sept. 17. The demonstration swelled Wednesday, with members of United Auto Workers, Service Employees International Union and the Working Families Party joining the protest. There were smaller... more »
  • Unions, students join Wall Street protesters

    October 5, 2011 5:24 PM

    NEW YORK (AP) - Crowds of union members, college students and others are adding their voices to the demonstrators who've been camped out near Wall Street. About 1,000 students held up signs denouncing the dismal state of the economy as they marched to Foley Square in lower Manhattan on... more »
  • Wall Street protesters: We're in for the long haul

    October 2, 2011 8:42 PM

    NEW YORK (AP) - The protesters who have been camping out in Manhattan's Financial District for more than two weeks say they intend to stay as long as they can. Although they appear to lack a clear objective, they speak against corporate greed, social inequality, global climate change and... more »
  • US stocks slide as Greek debt worries grow

    September 19, 2011 3:26 PM

    NEW YORK (AP) - Stocks are tumbling as investors worry that Greece won't qualify for a new installment of emergency funds in time to avoid defaulting on its debt. Investors also appear pessimistic about a Federal Reserve policy decision expected Wednesday. The Fed has hinted it might take new... more »
  • Stocks to start up for today

    September 7, 2011 7:52 AM

    U.S. stock futures are following European shares as they increase. The Stoxx 600 Europe index is up more than 2 percent after a German court upheld the country's role in bailing out other countries in the European Union. Investors will receive reports Wednesday on U.S. job openings in... more »
  • Stocks falling in wait for jobs report

    September 2, 2011 8:28 AM

    U.S. stock futures are falling as anxious traders await a key report on hiring and employment in August. The Labor Department reports at 8:30 a.m. Eastern on the number of jobs created in August. Economists surveyed by FactSet expect that the economy added 93,000 jobs, not enough to reduce... more »
  • Tropical Storm Irene hits stock market

    August 29, 2011 8:37 AM

    NEW YORK (AP) - U.S. stock futures are rising after the damage from Tropical Storm Irene wound up being less than many analysts had anticipated. The storm ripped through the East Coast and caused widespread flooding. Millions were without power. However a consulting firm predicted that insured damages would... more »
  • Stocks could rise this week

    August 22, 2011 8:19 AM

    Stock futures are pointing higher to open this week after fears that the economy could be headed into a second recession, pummeled the major indexes for four weeks in a row. No major economic reports are due out Monday. Crude oil jumped 1.6 percent to $83.58 a barrel in... more »
  • U.S. stocks sink - experts warn for another recession

    August 19, 2011 8:51 AM

    U.S. stock futures are sinking as economic jitters and uncertainty about Europe's finances fuel another day of selling around the world. European banking shares fell near two-and-a-half-year lows, dragged down by rumors about the companies' potential losses on bonds issued by heavily-indebted governments. Earlier, Asian shares took a beating,... more »
  • Alabama county nears becoming largest municipal bankruptcy ever

    August 12, 2011 8:06 PM

    BIRMINGHAM, Ala. (AP) - Leaders of Alabama's largest county have rejected a settlement with Wall Street to pay off more than $3.1 billion in debt. The unanimous Friday vote by five members of the Jefferson County Commission again delays a decision on whether they need to file what would... more »
  • Wall Street worries

    August 8, 2011 9:00 PM

    NEW YORK (AP) - Money flowed out of stocks and into Treasurys today leading to the worst drop in the Dow since December 2008. The Dow closed down 635 points. Fears of slower global growth and the European debt crisis led investors to look for safe places to put... more »
  • July jobs data could heighten Wall Street jitters

    August 5, 2011 12:56 AM

    WASHINGTON (AP) - Investors seeking reason for optimism after the worst stock-market sell-off since the 2008 financial crisis probably won't find it in Friday's July jobs report. Economists forecast that employers added only 90,000 jobs last month and that the unemployment rate was unchanged at 9.2 percent, according to... more »
  • Weak manufacturing report ends early Dow rally

    August 1, 2011 4:40 PM

    NEW YORK (AP) - A see-saw day on Wall Street is ending with an 11-point drop in the Dow Jones industrial average. The Dow started the day up nearly 140 points after President Obama and congressional leaders said Sunday that a deal had been reached to raise the nation's... more »
  • Dunkin' gets warm response from new investors

    July 27, 2011 4:45 PM

    NEW YORK (AP) - It's time to make the money. Shares of Dunkin' Brands Group Inc. soared nearly 47 percent on Wednesday, their first day of trading, feeding the demand of investors looking to trade in coffee and doughnuts. Shares closed at $27.85, up $8.85 from the $19 price that... more »
  • Pandora sings a happy tune for IPO

    June 14, 2011 9:14 PM

    SAN FRANCISCO (AP) - Pandora Media sold its initial public offering of stock at $16 per share Tuesday. That's double what the popular but unprofitable Internet radio service expected less than two weeks ago. The IPO's completion sets the stage for Pandora to make its stock market debut Wednesday... more »
  • Stocks gain after drop in jobless claims

    May 19, 2011 11:59 AM

    NEW YORK (AP) - Stocks are opening higher, extending Wednesday's gains, after a government report showed a sharp drop in new claims for unemployment benefits for a second straight week. It's a sign that the job market is slowly recovering. The Department of Labor is reporting that applications for... more »
  • Stocks open mixed as investors weigh data

    December 30, 2010 11:08 AM

    NEW YORK (AP) - Stocks are starting out mixed as traders sift through the last batch of economic data for the year. Thursday morning, the Labor Department provided some positive news by reporting that initial filings for unemployment insurance in the week ending Dec. 25 fell to 388,000 from... more »
  • Americans permanently pull money from stock market

    September 14, 2010 8:37 AM

    Americans used to see Wall Street as a pretty safe place to invest for their retirement. But a lot of people no longer see it that way, which could explain why investors have been moving their money away from stocks and into bonds. About three out of five people... more »
  • Cashing in 10 years after divorce

    August 24, 2010 1:10 PM

    Michael Douglas' starring role in a sequel to Wall Street has gotten him an unwanted part in a legal sequel to his 2000 divorce. Lawyers for the Academy Award-winning actor and for ex-wife Diandra Douglas argued Tuesday in a New York court over her claim that she's entitled to... more »
  • GOP poised to abandon stall of banking bill

    April 28, 2010 3:46 PM

    Senate Republicans are prepared to end their stalling tactics on new banking regulations and will attempt to change the bill on the Senate floor, Republican officials said. Sen. Richard Shelby, the top Republican on the Senate Banking committee, said he has assurances that Democrats will adjust his banking regulation... more »
  • President Obama raises money in Denver

    February 19, 2010 8:12 AM

    President Barack Obama attended two fundraising events in Denver for U.S. Sen. Michael Bennet Thursday. Obama praised Bennet during his visit Thursday, calling him an "agent of change" who knows how to make the private sector work. Bennet is facing a primary challenge from former Colorado House Speaker Andrew... more »
  • New jobless claims last week: 432,000

    December 31, 2009 9:07 AM

    The number of newly laid-off workers filing claims for unemployment benefits dropped unexpectedly last week, a sign the job market is healing as the economy slowly recovers. The Labor Department says that new claims for unemployment insurance fell by 22,000 to a seasonally adjusted 432,000, the lowest since July 2008.... more »
  • TARP head says pay cuts for executives are justified

    October 22, 2009 9:44 AM

    The head of a committee that oversees the federal bailout fund says executive compensation in the country's large corporations is excessive and must be brought under control. In confirming administration plans, Elizabeth Warren said Thursday the time had come to substantially cut back compensation for the top officers of several... more »
  • Dodd says Wall Street compensation is outrageous

    October 18, 2009 12:04 PM

    Financial companies that were shored up by taxpayer money are now paying their employees big bucks in compensation and benefits. The chairman of the Senate Banking, Housing and Urban Affairs Committee says that's a source of outrage in the country. One company that has received government money, Goldman Sachs, has... more »
  • AP Poll: Economy still troubles most Americans

    September 14, 2009 8:14 AM

    A new poll suggests the economy still trouble most Americans one year after Wall Street teetered on the brink of collapse. According to a new Associated Press-GfK poll, seven out of 10 Americans lack confidence the federal government has taken safeguards to prevent another financial industry meltdown. Even more --... more »
  • The financial meltdown, an anniversary to forget

    September 13, 2009 8:37 AM

    A year after the financial meltdown, Wall Street is reflecting on how close it came to the brink. Events one year ago included the fire sale of Bear Stearns, the disappearance of Lehman Brothers and the takeover of Merrill Lynch in the space of the weekend. What followed in the... more »
  • Stocks fade as traders worry about unemployment

    September 2, 2009 5:04 PM

    Stocks have extended a slide as investors worry that a weak job market will trip up a recovery in the economy. Stocks have ended moderately lower Wednesday as a private sector report on unemployment fans worries about what is widely seen as the biggest problem facing the economy. The ADP... more »

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