Markets
Even with a hedge investment, there’s a risk of loss
"A billion here, a billion there, pretty soon, you're talking real money." That quotation is usually attributed to the late U.S. Sen. Everett Dirksen even though researchers have not found a record of his ever having said it.
Date: 05/18/2012 | Business
Facebook's $16 billion IPO one of world's largest
NEW YORK -- Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion, a big windfall for a company that began eight years ago with no way to make money.
Date: 05/17/2012 | Business
JOBS Act’s merits unclear, but it can’t hurt
One balmy day last week in the Rose Garden, President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. He was surrounded by a cheerful group of Democratic and Republican senators and representatives -- the main supporters of the legislation who had held its hand and...
Date: 04/13/2012 | Business
Apple market value briefly hits $600 billion
NEW YORK -- Apple, already the world's most valuable company, hit the $600 billion level for the first time Tuesday.
Date: 04/10/2012 | Business
Worst loss for Dow this year as stocks slump again
NEW YORK -- The stock market extended its longest and deepest slump of the year Tuesday, caught between a recurring nightmare of European debt and the beginning of uncertain corporate earnings reports at home.
Date: 04/10/2012 | Business
Is this the end of the gold rush?
NEW YORK -- The price of gold, which has climbed for years like a blood pressure reading for anxious investors, plunged Wednesday to its lowest level in three months.
Date: 04/06/2012 | Business
Recovery slow but steady
WASHINGTON -- After years of bad news begetting more bad news, the American economy may finally be building momentum in the other direction.
Date: 03/01/2012 | Business
Warren Buffett says he was 'dead wrong' on housing market
OMAHA, Nebraska — Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the U.S. housing market would begin to recover by now, but he remains optimistic about the nation's economy.
Date: 02/25/2012 | Business
U.S. market shakes off worries
The stock market shook off its worries about Greece on Monday and got back to its routine of little-by-little gains. The Dow Jones industrial average climbed 80 points, enough to regain most of what it lost Friday. Before that, stocks had notched three days in a row of small increases.
Date: 02/14/2012 | Business
Federal Reserve survey shows economy ended 2011 with strength
WASHINGTON -- The final weeks of 2011 were the economy's best since it seemed to be slipping toward recession in late spring -- a shot of optimism for 2012.
Date: 01/11/2012 | Business
A bit less painful
The price of gas has been dropping over the past month
Date: 12/18/2011 | Local News
Innovative ideas from Everett compete with Wall Street
Brian Evans has done something few people off Wall Street have accomplished.
Date: 11/28/2011 | Business
Dow loses almost 250 on news of supercommittee's failure to reach deal
NEW YORK -- The stock market was not exactly surprised that a so-called supercommittee in Congress failed to reach a deal to cut the federal budget deficit. But since summer, investors have sold at the first hint of trouble.
Date: 11/21/2011 | Business
U.S. factory orders increase sharply
WASHINGTON -- U.S. factory orders rose strongly in July on the biggest jump in demand for autos in more than eight years and a surge in commercial airplane orders. The increase suggests supply chain disruptions created by the Japan crisis are easing.
Date: 09/01/2011 | Business
Gold prices primed for a big crash
Hear that pop? It's the price of gold bursting. Oh, gold prices may go up again, but investment advisers and regulators are warning investors to be careful about putting too much of their money in gold.
Date: 08/28/2011 | Business
Losing sleep over the market, part 2
Are you a risk taker?A gambler?Welcome to today's stock market.In the past few weeks, the market has set a record for the number of 400-point swings, down and up. They've left my stomach a little queasy. Perhaps you're feeling the same way.
Date: 08/22/2011 | Business
Dow plunges 419 Thursday
NEW YORK -- U.S. stocks sank Thursday -- an unwelcome echo of last week's extreme moves -- on worries about the global economy and the health of European banks.
Date: 08/18/2011 | Business
Daily news will influence markets' stability or volatility
DETROIT -- A little good news could bring some stability back to Wall Street this week as investors look for bargains amid chaos. Then again, bad news could lead to continued volatility. It all depends on the news of the day.
Date: 08/14/2011 | Business
Sales of gold up on eBay amid stock market turmoil
SAN FRANCISCO -- For gold sellers on eBay, the recent stock market turmoil has been a boon for business.
Date: 08/14/2011 | Business
Dow finishes wild week on an up note
NEW YORK — The wildest week in Wall Street history ended with a second day of gains.
Date: 08/12/2011 | Business
Dow up 423 as Wall Street whipsaws again
NEW YORK — Lurching higher in its week of whiplash, Wall Street recorded one of its biggest gains of all time Thursday after investors seized on a few signs that the economy might just be able to avoid a new recession.
Date: 08/11/2011 | Business
Stocks resume sell-off; Dow finishes down 519
NEW YORK — Back to reality for the stock market — and back down. Wall Street focused Wednesday on the bleak landscape ahead for the economy and sold off, wiping out the big gains from a day earlier and then some. The Dow Jones industrial average closed down 519 points.
Date: 08/10/2011 | Business
In stock market or not, unease increases for Snohomish County residents
Worried, frustrated, or just waiting again for the economic storm to pass, people throughout Snohomish County seemed to reflect the national unease over Monday's stock market plunge.
Date: 08/09/2011 | Local News
European Central Bank confers on Italy crisis, world markets following U.S. credit downgrade
FRANKFURT, Germany -- The European Central Bank says it will "actively implement" a bond-purchase program that could boost Spanish and Italian bonds and drive down interest yields that threaten those countries with financial disaster.
Date: 08/07/2011 | Nation & World
S&P officials defend U.S. credit downgrade
WASHINGTON — Standard & Poor's says it downgraded the U.S. government's credit rating because it believes the U.S. will keep having problems getting its finances under control.
Date: 08/07/2011 | Nation & World
China blasts U.S. over credit rating downgrade
BEIJING — China, the largest foreign holder of U.S. debt, demanded Saturday that America tighten its belt and confront its "addiction to debts" in the wake of Standard & Poor's decision to downgrade the U.S. credit rating.
Date: 08/06/2011 | Business
Stocks end a day of wild swings mostly down
NEW YORK — If you looked away Friday, you might have missed a market rally. Or a plunge.
Date: 08/05/2011 | Business
Markets fall across the globe
NEW YORK -- U.S. stocks were clobbered Thursday, thrusting Wall Street into correction mode, as investors compiled a lengthy list of concerns about the U.S. and global economy.
Date: 08/05/2011 | Business
Debt problems help boost price of gold
Gold's reputation as a safe place for your money sent it above $1,600 an ounce for the first time.
Date: 07/19/2011 | Business
Recovery not lifting all boats
WASHINGTON -- This is one anniversary few feel like celebrating.Two years after economists say the Great Recession ended, the recovery has been the weakest and most lopsided of any since the 1930s.
Date: 07/05/2011 | Business
Stocks rise for fourth straight day on Greek hopes
AP Business WritersNEW YORK -- Stocks rose for a fourth day straight Tuesday on hopes that a vote of confidence in the Greek government will help the country avoid a default.
Date: 06/22/2011 | Business
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