Tag: Stocks

AP Photo

Stocks Sink as Market Throws a Tariff Tantrum

Stocks of the biggest U.S. multinational companies were hit the hardest by a sell-off that accelerated after the Trump administration announced new steel and aluminum tariffs.

NEW YORK, NY - FEBRUARY 09: Traders work on the floor of the New York Stock Exchange (NYSE) Friday morning on February 9, 2018 in New York City. Following a drop in the Dow Jones Industrial Average of over 1,000 points yesterday, stocks opened higher on Friday with the Dow …

Stocks Soar As Rebound Pushes Dow 400 Points Higher

Monday’s gains were spread widely through the market with 10 of the 11 S&P sectors up. The energy sector saw the best performance of the day, boosted by rising energy prices.

Traders work on the floor of the New York Stock Exchange (NYSE) on March 11, 2016

Stock Market’s Stunning Reversal Reveals the Shallowness of the ‘Longest Losing Streak Since 2011’

Despite the scary headlines about the “longest losing streak,” it’s the markets resilience that is truly remarkable. Many analysts and talkative investor-types had insisted the market would view the Obamacare replacement bill as a test of the Trump administration’s ability to enact its agenda. So when the bill seemed to be in trouble last week and, especially, when it went down in flames on Friday, stocks were widely expected sell off steeply. But that just keeps not happening.

ESPN to axe several on-air personalities

ESPN Budget Problems Are Hampering Owner Disney

Analysts are warning that Disney’s stock may run flat this year, not because it is doing so badly but because one of its properties, ESPN, has become a major drag on the entertainment giant’s budget.

Winfrey1

Report: Oprah Winfrey Takes $117M Loss as Weight Watchers Stock Tanks

Weight loss company Weight Watchers International Inc. has seen $1.2 billion in value disappear over the last 11 months — leaving major shareholder and media mogul Oprah Winfrey with a staggering $117 million personal loss over the same time frame.

AP Photo

Obamacare’s Monopoly Pricing Explains Health Care Merger Mania

Sold to the public as a way to increase competition and save the average American family $2,500 a year, Obamacare actually created monopoly pricing for the insurance industry that allowed premiums to rise by $2,500 and tripled the value of their stocks.

Frank Masiello

Twitter’s 25% Flash-Crash Recovers to Just an 18% Crash

Over 4,600 people are reportedly presumed dead in the 7.8 magnitude earthquake that struck Nepal Saturday and the numbers continue to rise, but nine Californians in various stages of rescue or distress remain alive at this point.