Articles Tagged ‘Dow Jones’

Specialist Frank Masiello, left, works with traders on the floor of the New York Stock Exchange Friday, Aug. 12, 2011. (AP Photo/Richard Drew)

Dow Finishes Wild Week on an Up Note

The wildest week in Wall Street history ended with a second day of gains. The Dow Jones industrial average finished Friday with a gain of…

Nothing But Net: The Net at 10 a.m.

The plan was for “The Net at Night,” the recurring feature loved by insomniacs and vampires where I take a look at after-hours Google Trends,…

Echo Bubble

The federal deficit now stands at $12 trillion. Historic. New York State Comptroller Tom DiNapoli issued a statement warning New Yorkers that the state is “on track to spend $4.1 billion more this year than it will take in,” characterizing this deficit as “irresponsible and unacceptable.” On Long Island we are being squeezed by every taxing authority under the sun. But the government isn’t alone. Homeowners across America are underwater with mortgages they cannot afford and drowning in the highest household debt ratio in history.