Posted on September 15th, 2008 by Stuart O'Neill
As of this finishing of this article the Dow Jones is closed at 504 or 4.4% down. Most of you don’t remember the day in the 80’s when it dropped 600+ points in an afternoon based on an index of 3,000 or less. We survived and prospered thereafter. This sounds like a huge [...]
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Filed under: Big Oil, Bush Admin, Corporatism, Corruption, Economy, Election '08, Energy, General Election, George W. Bush, In The News, John McCain '08, Obama-Biden 08, Presidential Election, Sen. Joe Biden, Stuart O'Neill, Wall Street, World News
Posted on August 1st, 2007 by Hart Williams
Were we quoted in the Wall Street Journal?
From yesterday’s post, “BREAKING: CNBC Reports Dow Jones Sale“:
UPDATE 1:22 PM PDT: The Wall Street Journal is now reporting it, as is The New York Times. (They’re the Number Two and Number Three largest newspapers in America, respectively, albeit not necessarily respectfully). The Numero Uno Paper, USA TODAY [...]
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Filed under: Breaking News, Consumers, News Media
Posted on July 31st, 2007 by Hart Williams
CNBC reported a few minutes ago:
News Corp. to Succeed In Buying Dow Jones
… “It did come awfully close, in fact, closer than many had anticipated,” Faber said. “But at the end of the day, according to people who were working on this, a number of the Bancrofts who had been somewhat vocal in their opposition–Chris [...]
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Filed under: Breaking News, Economy, News Media
Posted on July 26th, 2007 by Hart Williams
The raw news is a big fall for the Dow Jones Industrial average (usually just “the Dow”).
Stocks Plunge As Lending Worries Rise
By JOE BEL BRUNO
AP Business Writer
2:21 PM CDT, July 26, 2007
NEW YORK – Wall Street suffered its biggest plunge of the year Thursday, leading global markets lower as investors fled stocks amid increasing uneasiness [...]
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Filed under: Economy, News Media
Posted on July 25th, 2007 by Hart Williams
or, How The Financial Press Lies With Numbers
The Dow Jones Industrial Average just hit a “milestone” by passing 14,000. Great, right?
Not so fast (I have assumed that the Euro has remained basically stable. Not a very risky assumption. It has. The St. Louis Federal Reserve uses it as a baseline as well.)
[CHART]
US Dollar expressed as [...]
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Filed under: Economy
Posted on July 6th, 2007 by Hart Williams
WIRED News is reporting:
UK Tip: Murdoch To Seal Wall Street Journal Deal Next Week
By Adario Strange
July 06, 2007 | 10:18:49 AM
UK magazine The Business claims that Rupert Murdoch will announce his completed purchase of Dow Jones, parent company of The Wall Street Journal, next week.
Sphere: Related Content
Tags: Article 6, Bancroft Family, Business Claims, Business [...]
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Filed under: News Media
