Market News
Economic Risk of Stock Plunge Varies Around Globe
Wall Street Journal - 22 Aug 2015 02:04
The global stock selloff spells less trouble for the economics of rich countries than for those in emerging markets.
Oil falls below $40 for first time since 2009 as glut worsens
livemint.com - 22 Aug 2015 07:37Market Correction, Or Another Step Towards The End Of Capitalism?
Forbes - 22 Aug 2015 23:24
Are the latest market gyrations in response to the slowdown in China more than a stock market “correction?” Could we be edging closer to the end of Capitalism?
Prices Jump at Power Auction
Wall Street Journal - 22 Aug 2015 19:09
The price paid to power companies to ensure they feed the U.S.'s largest grid when demand is highest is rising across the board, according to auction results that foreshadow a potential increase in electricity bills and ...
India's gold demand could hit 950 tonnes as prices fall: Valcambi
livemint.com - 22 Aug 2015 18:44
Stronger demand in the world's second-biggest gold consumer could support global prices
Netflix's Nattering Nabobs Of Negativity
Forbes - 22 Aug 2015 17:36
Netflix negativity picks up steam as markets go lower.
Button and wife 'gassed' in burglary
CNN - 22 Aug 2015 17:34
Formula One driver Jenson Button's wife Jessica had her engagement ring stolen when thieves broke into a rented house in France -- in a burglary that a spokesman for Button suggested might have involved the use of gas.
Find out what goes into the perfect pit-stop
CNN - 22 Aug 2015 17:30
The Lotus F1 team show CNN what it takes for the perfect two-point-five-second pit-stop
Take a trip around Silverstone
CNN - 22 Aug 2015 17:30
Lotus F1 driver, Romain Grosjean, takes CNN's Amanda Davies on a lap of Silverstone
3 Reasons Why The Dow Jones Industrial Average Dropped 500 Points
IBTimes - 22 Aug 2015 15:00
Global stocks sold off Friday, with the Dow Jones Industrial Average plummeting more than 500 points -- its ninth-biggest point drop ever -- to lose 1,000 points for the week. U.S. stocks closed sharply lower following v...
The Dow Dropped 500 Points, But You Didn't Lose A Dime If You Didn't Hit 'Sell'
Forbes - 22 Aug 2015 15:00
The Dow dropped more than 500 points in Friday trading, leading many Wall Street observers to say that the long-awaited correction is finally here. But don't let the headlines scare you: if you didn't sell your holdings,...
The Week Ahead: A Replay of 2011 or 2012?
Forbes - 22 Aug 2015 14:59
The stock market bulls finally threw in the towel last week as the selling accelerated from the opening last Thursday and was heavy into the close on Friday. The sideways trading over the past three months appeared to ha...
Banks' aversion to higher interest may hurt govt plan to draw out gold stocks
livemint.com - 22 Aug 2015 12:56
Govt is expected to launch a scheme this year to lure into circulation some of the 20,000 tonnes of idle gold to feed Indians' ravenous appetite for the metal
Beijing Billioniare Power Couple's Wealth Falls As Soho China Shares Hit 5-Year Low
Forbes - 22 Aug 2015 10:35
Soho China, the real estate developer led by Beijing billionaire power couple Pan Shiyi and Zhang Xin, dropped 5% at the Hong Kong Stock Exchange on Friday, bringing the two-day loss in the company’ shares to 17% after...
Stocks post worst week of 2015 after China data
livemint.com - 22 Aug 2015 08:30Stock Plunge Picks Up Speed
Wall Street Journal - 22 Aug 2015 03:23
U.S. stocks suffered their worst losses in four years at the end of a bruising week, as growing concern about China's economy pushed shares in the U.S. and Europe into what money managers call a correction.
The Truth About Social Security's Long Term Finances
Forbes - 22 Aug 2015 03:21
In a recent NY Times column, political economist, Paul Krugman, writes, "Social Security does not face a financial crisis; its long-term funding shortfall could easily be closed with modest increases in revenue."
Advisers Reassure Clients on a Big Down Day
Wall Street Journal - 22 Aug 2015 01:51
The market's sharp drop on Friday had financial advisers fielding questions from some clients and preparing messages to reassure them.