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Today’s Date
27 April 2024
Finance
China’s Xi Staying the Course Despite Slide
by
CHRISTOPHER BODEEN, Associated Press
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Aug 26, 2015
BEIJING (AP) — What does China’s leadership lose politically as a result of the country’s precipitous stock market decline? A bit of international swagger, but probably not much else — for now. Despite growing anger among...
US Stocks Move Sharply Higher in Early Trading
by
ALEX VEIGA, AP Business Writer
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Aug 26, 2015
U.S. stocks moved higher in early trading Wednesday after slumping for six straight days amid concern about a slowing Chinese economy. Investors were also following the latest corporate deal and earnings news. Technology stocks were among...
Despite Stock Fall, Financial Health Still Solid
by
JOSH BOAK, AP Economics Writer
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Aug 26, 2015
WASHINGTON (AP) — Many Americans have just absorbed a financial beating — at least as measured by their stock holdings. It’s the kind of blow that can feed a sense of helplessness about retirement, college savings...
Americans Keep Heads Up as Stock Prices Sink
by
JOSH BOAK, AP Economics Writer
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Aug 25, 2015
WASHINGTON (AP) — Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note: They’re staying calm and carrying on. Some wonder if they may have to work a few extra...
Global Markets Rebound as China Cuts Rates
by
JOE McDONALD, Associated Press
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Aug 25, 2015
BEIJING (AP) — Global markets rebounded Tuesday after China’s central bank cut its key interest rate to support growth in the world’s second-largest economy. Earlier, China’s main stock index closed sharply lower for a fourth day....
What Greece’s New Elections Mean for Bailout
by
ASSOCIATED PRESS
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Aug 21, 2015
ATHENS, Greece (AP) — Greece’s prime minister, Alexis Tsipras, has resigned and called new elections — just as the country was starting to tap its new bailout package. While the move creates some uncertainties for the...
China Worries Weigh Down US Stock Trading
by
KEN SWEET, AP Business Writer
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Aug 20, 2015
NEW YORK (AP) — U.S. indexes are falling at midday, weighed down by a drop in China’s stock market. The Dow Jones industrial average fell 196 points, or 1.1 percent, to 17,152 as of 12 p.m....
Shanghai Index Down 4 Percent, Asia Lower
by
YOUKYUNG LEE, AP Business Writer
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Aug 19, 2015
SEOUL, South Korea (AP) — China’s main Shanghai stock index slumped more than 4 percent on Wednesday, leading Asian stock markets lower a day after a sharp fall rattled investors around the world. KEEPING SCORE: The...
US Stocks Mostly Flat As Yuan, Oil Stabilize
by
BERNARD CONDON, AP Business Writer
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Aug 14, 2015
NEW YORK (AP) — U.S. stocks were mostly flat on Friday as China’s currency stabilized and oil edged up after hitting its lowest price in more than six years. Slightly disappointing European growth figures weighed on...
Global Stocks Waver as Yuan Weakens Further
by
MATTHEW CRAFT, AP Business Writer
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Aug 12, 2015
NEW YORK (AP) — Another drop in China’s currency sent global markets mostly lower on Wednesday as the move raised worries about the world’s second-largest economy, but U.S. stocks recovered most of their losses in late...
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