Stories by BERNARD CONDON

Tuesday, July 12, 2016

Dow Jones index follows S&P in setting record

NEW YORK - It's been a long time coming, and perhaps a cause for celebration. But when it comes to your finances, the new record high for the Dow Jones industrial average will probably have zero ...
By BERNARD CONDON

Sunday, Jan. 10, 2016

Earnings could add to turmoil

NEW YORK — Tumult in China triggered the worst opening week for U.S. stocks in history, and this week investors could get plenty more to worry about.
By BERNARD CONDON

Monday, Jan. 4, 2016

China triggers global sell-off

Stocks tumbled Monday in a global sell-off triggered by new fears of a slowdown in China and rising tensions in the Middle East. The Dow Jones industrial average clawed back from a steep early ...
By BERNARD CONDON

Monday, Dec. 7, 2015

Oil falls to near 7-year low, drags down stocks

Benchmark U.S. crude dropped nearly 6 percent Monday, deepening its 1½-year plunge. The losses in the stock market were broad, with seven of the 10 industry sectors in the Standard & Poor's ...
By BERNARD CONDON

Wednesday, June 17, 2015

Minting millionaires: Nearly a million joined club last year

Ranks of world's millionaires grew by nearly a million in 2014, but it got harder to get there.
By BERNARD CONDON

Monday, June 8, 2015

'Phony numbers' increase in earnings reports

Professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business. 
By BERNARD CONDON

Tuesday, Dec. 16, 2014

Sony hackers threaten theaters showing 'The Interview'

The group Guardians of Peace warns people to avoid theaters showing "The Interview," invoking the Sept. 11, 2001, terrorist attacks in its latest data dump.
By BERNARD CONDON

Tuesday, July 22, 2014

An expert's case for US recession next year

NEW YORK - Just as the U.S. economy is strengthening, other countries are threatening to drag it down.
By BERNARD CONDON

Monday, Jan. 27, 2014

Stocks fall across the globe

NEW YORK - Shaky economies and plunging currencies in the developing world fueled a global sell-off in stocks Monday as fearful investors pushed prices lower across Asia and Europe.
By BERNARD CONDON

Tuesday, Nov. 5, 2013

Twitter has power but lacks profits, investors concerned

As Wall Street analysts size up Twitter ahead of its first public stock sale this week, more than a few are expressing concern about the company's lack of profits.
By BERNARD CONDON

Friday, Oct. 4, 2013

Cash hoarding limits global economy

NEW YORK — Five years after the start of the global financial crisis, families around the world are still hunkered down, too spooked and distrustful to take chances with their money.
By BERNARD CONDON

Thursday, June 6, 2013

Households regain wealth, but not equally

America as a whole has regained all the household wealth it lost to the Great Recession and then some, thanks to higher stock and home prices. The average household still has a long way to go.
By BERNARD CONDON

Sunday, May 5, 2013

Even at high prices, stocks might be good buy

With the Dow Jones industrial average breaking through 15,000, it's natural to worry that stocks have gone up too far. But higher priced stocks aren't necessarily overpriced.
By BERNARD CONDON

Sunday, March 10, 2013

Stocks still might be good bet

The good news is that stocks still seem a good bet despite the run-up. The bad news: They're no bargain, at least by some measures, so don't get too excited.
By BERNARD CONDON

Saturday, Feb. 9, 2013

Smart machines create hands-free workplaces

If automation can unseat bus drivers, urban deliverymen, long-haul truckers, even cabbies, is any job safe?
By BERNARD CONDON

Monday, Jan. 28, 2013

Can smart machines do your job?

Big Data and cloud computing empower smart machines to do human work, take human jobs.
By BERNARD CONDON

Thursday, Jan. 24, 2013

Recession, tech kill middle-class jobs

Midpay jobs aren't coming back from the Great Recession, partly because jobs in the middle are the most vulnerable to computer technology. That shortfall has helped prevent the total jobs lost ...
By BERNARD CONDON

Wednesday, Oct. 31, 2012

US stock market reopens after two-day shutdown

NEW YORK - Traffic is snarled, streets flooded, subways idle and power out in many parts of Manhattan and beyond, but the New York Stock Exchange opened trading without a hitch Wednesday after a ...
By BERNARD CONDON

Sunday, Oct. 21, 2012

Stock splits become rare

Companies worried that sticker shock would keep small investors from buying used to split their shares to lower the price. But now splits are scarce, and a triple-digit stock has cachet.
By BERNARD CONDON

Thursday, Sept. 13, 2012

The Fed steps in, and stocks soar: Dow climbs 206

The Dow Jones industrial average spiked more than 200 points and cleared 13,500 for the first time since the beginning of the Great Recession. The average is within 625 points of its all-time high.
By BERNARD CONDON
 
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