Wall Street

Wall Street finished Thursday mostly flat after another poor jobs report. Nearly five and a quarter million Americans filed first-time claims for unemployment benefits last week. That number would have been a record if not for the three previous weeks. Nearly 24 million Americans have applied for unemployment since much of the nation went into […]

The worst first quarter in Dow history is over.  The leading index of the nation’s 30 biggest companies lost about 23 percent of its value in the first three months of this year.  That’s the largest decline for any quarter since the crash of 1987.  It’s also the first time in more than a decade […]

Wall Street is poised for the possibility of another week of volatile trading.  Futures for all major indexes were down over one-percent Sunday evening.  Dow Futures were down over two-hundred points.  Last week, the Dow had its biggest weekly gain since 1938, rising nearly 13-percent for the week.  However, Friday it lost over 900 points. (Source-CNBC)

It looks like Wall Street is in for another week in the red.  Futures for the Dow Jones Industrial Average were down over 900 points.  Within minutes of the opening of futures trading Sunday, the market dropped five-percent, hitting its “limit down,” or the maximum it’s allowed  to fall.   Futures for the S&P 500 and […]

Stocks are up in a big way on Wall Street. Investors seem to be happy that a tentative deal has been reached on Capitol Hill to avoid another government shutdown. There are also signs of life in negotiations for a trade deal between the U.S. and China. At the closing bell, the Dow was 373 […]

The New York Stock Exchange on Wednesday suspended trading at around 11:30 a.m. ET due to an “internal technical issue,” CNN reports. President of the…

A few weeks ago, Dr. Cornel West joined Roland Martin on “NewsOne Now” to discuss his ongoing criticism of the nation’s first Black president. Prior to…

Amazingly, a new poll shows that likely voters would prefer a Republican controlled Congress over a Democratic one. The Wall Street Journal/Annenberg Poll found that…

Discovery Communications CEO David Zaslav on Tuesday reported improved second-quarter financials amid continued ratings gains at key cable networks, but the results came in below Wall Street expectations. During an earnings conference call on Tuesday, Discovery Communications CEO David Zaslav said that OWN, the cable network joint venture with Oprah Winfrey’s Harpo, has turned cash […]

NEW HAVEN, Connecticut – Three money managers awarded a $254 million Powerball jackpot said Tuesday there’s no fourth participant despite a claim they’re covering for a winner who wants to stay anonymous. Greg Skidmore, Brandon Lacoff and Tim Davidson, who work at an asset management firm in Greenwich, one of the most affluent towns in […]

Occupy Wall Street Needs to Occupy Powerball, too! The New York Times reports that three Connecticut asset managers won $254.2 million dollars in the Powerball game, the largest jackpot in the state’s history. The lucky winners-or lucky bastards depending on if you hate seeing the rich get richer-are Timothy C. Davidson, Brandon E. Lacoff and […]

As if his YouTube-inspired 15 minutes of fame in 2010 wasn’t enough, former New York governor candidate, Jimmy ‘The Rent is Too Damn High’ McMillan is garnering video hits for a new rant. McMillan serenaded Wall Street protestors at Zuccotti Park in New York City with a few words of wisdom. VIDEO: Read more at […]