December 19, 2012 |
The Newtown tragedy took place amid a parade of homicidal images, stories and films so steady that it almost goes unnoticed. Kids obsess over video games in which they kill, shoot and rob their way to riches. Last season's finale of "The Walking Dead," AMC's zombie-killing flesh feast, was the most-watched television episode in cable history. At the cinema, "Hitchcock" spends two hours narrating how "Psycho," perhaps the godfather of the slasher film, came to be. On bookshelves, the big bestseller is " Gone Girl ," a...
May 13, 2013 |
NEW YORK — When the price of gold plunged $200 last month, many people thought they caught the sound of the gold bubble popping. What Peter Schiff, CEO of the brokerage Euro Pacific Precious Metals, believes he heard was a stampede of fair-weather speculators fleeing the precious metal. Schiff and other champions of gold weren't shaken by the plunge. To them, it was just a short breather in preparation for another long climb. All the reasons they give for buying gold haven't changed: gold...
February 10, 2012 |
Apple's been having a great week in the stock market and is now hovering at $495 per share as of noon Friday. The rally on the market also gave the Cupertino, Calif.-based company some additional bragging rights: As of Thursday morning, Apple's market cap was bigger than the values of Google and Microsoft combined. You read that right. Apple's market cap is around $462 billion as of mid-Friday. Microsoft's is about $257 billion and Google's weighs in at about $197 billion. Tech bloggers have been...
April 15, 2013 |
A wide range of financial markets tumbled Monday amid a stunning sell-off of gold and silver, new signs of global economic weakness and still deeper fears following the afternoon Boston Marathon attack . It was an unsettling day in many corners of the financial world. Gold futures fell more than $140 an ounce, to $1,360.60, on the second straight day of steep declines. Gold, which had experienced a sharp run-up over the past decade, has fallen about 15 percent in just two trading...
October 6, 2008 |
Watching the slipping economy and Congress's epic debate over the unprecedented $700 billion financial bailout, it is impossible not to wonder whether this is 1929 all over again. Even sophisticated observers invoke the comparison. Martin Wolf, the chief economics commentator for the Financial Times, began a recent column : "It is just over three score years and ten since the [end of the] Great Depression. " What's frightening is not any one event but the prospect that things are slipping out of control.
April 23, 2013 |
Correction: A previous version of the graphic in this article included incorrect data, plotting the benchmark's movement over the two previous days instead of only the day in question. This version has been corrected. A fake tweet about an attack on the White House briefly roiled the financial markets on Tuesday afternoon, sending stocks tumbling within minutes and prompting the FBI and securities regulators to look into the hacking incident. A posting on the...