Stock market endures worst day in 18 months
The U.S. stock market endured its worst performance in 18 months on Thursday, driven lower by another slump in Chinese shares and heavy selling by technical traders.
Fed Lifts Capital Requirements for Banks
The Federal Reserve sent a message to the largest U.S. financial firms: Staying big is going to cost you, the Wall Street Journal reported.
U.S. companies expected to report worst sales fall in nearly six years
U.S. companies are expected to report their worst sales decline in nearly six years when they post second-quarter results, giving investors reason to worry about future profits.
Record 93,626,000 Americans Not in Labor Force
A record 93,626,000 Americans 16 or older did not participate in the nation’s labor force in June, as the labor force participation rate dropped to 62.6 percent, a 38-year low, according to the Bureau of Labor Statistics.
Dow Plunges 350 Points, Worst Drop of 2015
U.S. markets got hammered Monday as the Greek debt crisis deepened, with investors pushing the Dow down 350 points — and back in the red for 2015 — after steeper sell-offs in Asia and Europe.
Fed holds off on interest rate hike, downgrades economic forecast
Federal Reserve policymakers on Wednesday kept the central bank’s benchmark short-term interest rate near zero, opting against the first increase since 2006 after determining the economy still isn’t strong enough to handle it.
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