Tag Archives: Dow Jones

White House Secy. Resigns, Senate Spending Deal

Thursday, February 8, 2018

Beat It: White House Staff Secretary Rob Porter has resigned following accusations published in the British newspaper The Daily Mail that he physically abused two ex-wives. “These outrageous allegations are simply false,” Porter said in a statement. As staff secretary, …

Stocks Bounce Back, Trump Would Shut

Wednesday, February 7, 2018

The VIX: Wall Street rebounded yesterday with a 567-point gain for the Dow Jones, putting a stop at least for a day to the world-wide stock slide. Analysts say that investors realize the fundamentals of the economy are still strong. …

Stocks in a Spin, The Counter Memo

Tuesday, February 6, 2018

What Goes Up: With investors questioning the rationality of the stock market surge, the Dow Jones dipped by as much as 1500 points during trading yesterday, before closing down by 1,175, nearly 5 percent. It was the biggest one-day decline …

Bannon Subpoenaed, Hard of Hearing

Wednesday, January 17, 2018

Summoned: President Trump’s former chief strategist Steve Bannon has been subpoenaed by the Special Counsel to testify in front of a grand jury, according to several news outlets. He’s being called to answer questions about possible links or collusion between …

Trump Reluctant to Admit, Airport Massacre

Saturday, January 7, 2017

The Intel: Russian President Vladimir Putin “ordered an influence campaign in 2016 aimed at the U.S. presidential election,” and demonstrated “a clear preference for President-elect Trump” over Hillary Clinton, according to a declassified version of an intelligence report on Russian …

Obama to Cuba, Haley Stamps Rubio

Thursday, February 18, 2016

Cuba Libre: President Obama plans to visit Cuba within weeks as relations warm between the two countries, the NY Times reports. He would be the first president to visit Cuba since Calvin Coolidge 88 years ago — and definitely cooler. …

Toss of a Coin, So Long Johnny Football

Wednesday, February 3, 2016

The Great Game: Hillary Clinton has been declared the Democratic winner of the Iowa caucuses by a margin barely visible to the human eye. Clinton, 49.9 percent, Bernie Sanders, 49.6. Some districts were decided by the toss of a coin. …

Blizzard Watch, “Philosophically Unmoored”

Friday, January 22, 2016

Skyfall: Washington and the mid-Atlantic are bracing for what weather forecasters are hawking as a potentially “crippling” blizzard moving in later today. The National Weather Service warns that, “Heavy snow and blowing snow will cause dangerous conditions and will be …

Big Market Slide, Detroit Teacher Sickout

Thursday, January 21, 2016

MoneyBeat: The Dow Jones was down more than 500 points for a while yesterday on worries about the depressed price of oil and the Chinese economy, before settling down a bit and closing off by 249. Oil dropped to $26.55 …

Market Meltdown, Burkina Hotel Re-taken

Saturday, January 16, 2016

Econ 101: The stock market appears to be drowning in excess oil. With the price of a barrel crashing through $30, investors around the world are losing confidence in economic growth. The Dow Jones dropped nearly 400 points yesterday and …