Business News Archives: Page 6

Apple Shares Rise Following Steve Jobs Health Announcement (January 6, 2009): Apple CEO Steve Jobs finally addressed concerns yesterday about his obvious weight loss.

Barack Obama: Economic Crisis Getting Worse (January 5, 2009): Barack Obama learned that there will not be a stimulus plan ready when he takes office.

Twitter Stock Community Called StockTwits Gets Funding (December 20, 2008): VentureBeat reports that two-month-old StockTwits has raised a round of funding.

Ponzi Scheme Term Origniates With Charles Ponzi (December 18, 2008): The news about Bernard Madoff's $50 billion ponzi scheme has some wondering what exactly is a ponzi scheme.

World Bank's Hans Timmer Talks Global Pain (December 10, 2008): Hans Timmer from the World Bank provides some good information about what the World Bank sees on the economic horizon in this clip from the AP.

Worst Recession Since World War II? (December 6, 2008): The U.

NBER Says Recession Aleady One Year Old (December 1, 2008): The National Bureau of Economic Research announced on Monday that the economy has been in a recession for a year now.

Grim Bear Market Continues as Dow Plummets (October 9, 2008): A year ago the stock market was at a healthy 14,164.

Dow Plummets Over 500 Points (October 7, 2008): Stocks tanked today despite the recent bailout and the likelihood of a interest-rate cut.

Erin Burnett Talks Money Safety and Savings (October 3, 2008): CNBC's Erin Burnett explains how safe your money and offers analysis on the safety of FDIC-backed bank accounts, 401(k)s, and IRAs.

Stocks Tumble Again; Nasdaq Loses Nearly 5% (September 17, 2008): Stocks tumbled again today despite the Fed's $85 billion monster loan to AIG yesterday.

Fed Bails Out AIG With Monster Loan (September 16, 2008): The U.

Dow Plunges 500 Points in Biggest Drop Since 9-11 (September 15, 2008): Everyone was expecting a bad day today and they were right.

Greenspan Says This is the Worst Economy He Has Ever Seen (September 14, 2008): The Huffington Post reports that former Fed chairman Alan Greenspan was on ABC News and when he asked about the economy he said it was the worst economy he had ever seen his his career.

WaMu Shares Tumble 30% (September 10, 2008): Washington Mutual (WAMU) shares plummeted 30% today over concerns the company may collapse.

U.S. Oil Demand Plummets Says EIA (August 12, 2008): U.

Stocks Climb as Bush Signs Housing Rescue Bill (July 30, 2008): President Bush has signed a housing rescue plan into law.

Warren Buffett Thinks College Students Should Avoid Credit Cards (July 26, 2008): Youngsters wanting to make money got some valuable advice from Warren Buffett who was visiting his local Dairy Queen for the launch of the new Girl Scouts Thin Mint Blizzard earlier this month.

Stocks Fall as Dollar Hits New Low (July 15, 2008): The Dow dropped well below the 11,000 mark as Fed Chairman Bernanke warned that the economy faces numerous difficulties.

Dow Falls Under 11,000 (July 11, 2008): Concern over Fannie Mae and Freddie Mac combined with rising oil prices has helped push the Dow below the 11,000 mark for the first time in over two years.