On Thursday, U.S. stocks dived lower again after tumbling on Wednesday, suffering their worst-ever percentage losses in the day after a presidential election. The Dow Jones Industrial Average close below 9,000 for the first time since Oct. 29, as investors await the October jobs report and anticipate a likely jump in the unemployment rate.
The Dow [...]

Popularity: 16% [?]

On Wednesday U.S. stocks staged another ditch turnaround to end mostly lower sending the Dow Jones  back below the 9,000 level during the end trading session after surging 889 points, the second biggest-point jump a day earlier.
The Federal Reserve cut its federal funds target rate as expected lowering its key overnight lending rate to 1% [...]

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Many economists say that the U.S. will be in recession before the year is out and the whole world is likely to follow despite global plans to bail out banks hit by the credit meltdown. Some said that the recession may have started earlier, during the the housing collapse. If so, then this recession will [...]

Popularity: 18% [?]