Avie Schneider
Stories
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Business
Filings For Unemployment Benefits Rise As Coronavirus Hits Job Market
New claims for jobless benefits climbed 70,000 to 281,000 last week as the coronavirus pandemic shuttered businesses and left people out of work. It was the highest level since September 2017.
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Business
Another Day, Another Direction For Stocks: Dow Down 1,200 Points
The U.S. stock market dropped again Wednesday, with the Dow opening down nearly 6%. Vice President Pence tells NPR disruptions from the outbreak could continue until midsummer.
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Business
U.S. Stock Market Ticks Up After Steepest Drop Since 1987
A day after dropping nearly 3,000 points, the Dow Jones Industrial Average opened up about 400 points. Markets have been gyrating for weeks on increasing fears over the coronavirus pandemic.
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Business
Dow Plunges 2,700 Points, Trading Halted After Fed Slashes Rates
Markets are falling sharply after the Federal Reserve aggressively cut interest rates to near zero. The Dow tumbled more than 2,700 points — nearly 12% — as coronavirus measures expanded.
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Business
Fed Cuts Rates To Near Zero As Coronavirus Rips Through Economy
The Federal Reserve cut its key interest rate to near zero — a dramatic move not seen since the depths of the 2008 financial crisis. President Trump — who has slammed the Fed — praised the move.
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Business
Dow Soars Nearly 2,000 Points In Rebound From Biggest Drop Since 1987
The Dow Jones Industrial Average and other major stock indexes jumped as President Trump declared a national emergency to deal with the coronavirus pandemic.
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Business
Stocks Enter Bear Market. What Does It Mean?
Analysts like to say that the stock market is not the economy. But a bear market reflects concerns and anxieties about the economy, and at times a bear market is accompanied by a recession.
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Politics
Dow Drops 2,100 Points: Stocks In Meltdown After Temporary Trading Halt
The blue chip index was down 8%, moving deeper into a bear market after trading was halted temporarily. The market continued its dive after President Trump set a 30-day ban on travel from Europe.
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Business
Here We Go Again: Dow Drops 800 Points As Stock Market Turmoil Continues
The Dow Jones Industrial Average fell yet again Wednesday morning after staging a rally a day earlier. Just on Monday, the stock market had its worse drop since 2008 amid coronavirus economic fears.
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Business
Dow Bounces Back, Jumping More Than 1,100 Points After Market's Terrible Day
Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed President Trump's call for a payroll tax cut and other steps to help the economy amid the coronavirus epidemic.