WHITE HOUSE – With stock prices plunging amid an oil price war and the coronavirus crisis, U.S. President Donald Trump is to meet Monday afternoon with his economic advisors, including Treasury Secretary Steven Mnuchin, who will present him with policy options to counter the quickly emerging threats to the economy. White House sources […]
A thrilling epoch in the exploration of our solar system came to a close today, as NASA’s Cassini spacecraft made a fateful plunge into the atmosphere of Saturn, ending its 13-year tour of the ringed planet. “This is the final chapter of an amazing mission, but it’s also a new beginning,” said Thomas Zurbuchen, associate administrator […]
U.S. stock prices fell sharply Friday amid signs of weak price growth and disappointing earnings from some major American department stores. The Dow Jones industrial average plunged 150 points at the opening bell after luxury retail giant Nordstrom reported earnings that fell below forecasts. Nordstrom stocks fell more than 15 percent to $53.50 after the […]
Worries about China’s faltering economic growth pushed down stock and oil prices around the world on Monday. U.S. stock markets plunged at the open, with the Dow off nearly 5 percent in the first few minutes of trading. After a day of wild swings in stock prices, U.S. indexes were down 3.6 percent or more […]