Financial experts say people who watched in horror as the Dow Jones Industrial average drop more than 1,000 points Monday morning should stay calm and not panic – a hasty move now could cause permanent damage later.
STUDIO CITY (CBSLA.com) — Financial advisor Larry Palmer of Morgan Stanley sat down with KCAL9’s Amy Johnson to discuss why, when it comes to this week’s big drop in stock prices, “all roads lead to China.”
The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock.
The Associated Press news agency suspended its Twitter account Tuesday after it was hacked into.
Friday is the big day.
The debt crisis in Greece is sending the stock market on a roller coaster. So, how will it affect our economy?
Wall Street is wrapping up a shaky week of investing and Michael Gardner of Wedbush visited the KCAL 9 studios to give viewers financial advice.
Dr.Larry Harris, Fred V. Keenan Chair in Finance at the USC Marshall School of Business, visited the KCAL 9 studios Thursday to talk about the recent decline in the stock market.
Local investors are especially busy this week as they brace for continued economic uncertainty.
Residents across Los Angeles are rattled by the staggering stock market plunge. The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.
Banks and airlines are nudging stocks lower Monday, while economic worries continue to weigh on markets.
New hopes that a deal would be reached for Greece to avoid defaulting on its debts sent stocks higher Tuesday. The market gave up some of its gains following a surprise drop in U.S. consumer confidence.
The biggest corporate hiring spree in five years is reversing a weeklong slide in the stock market.
Stocks lost some of their early gains and turned mixed Monday despite the death of Osama bin Laden, several strong earnings reports and a major drug industry acquisition.
Mixed corporate earnings reports sent stock indexes wobbling Monday.