The Bank of England stepped in to save a critical market this week. Economists say it was necessary but also worry about the precedent.
Tag: Stocks and Bonds
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Stocks Rise Strongly for a Second Day
The rally brings some relief to Wall Street at the beginning of October, after the previous months ended on a sour note, capping a long streak of losses.
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Democrats in Congress Point Fingers at Their Leaders Over Stock Trading Ban
The perception that lawmakers are cashing in on their offices has fueled cynicism among voters. Some politicians want to take the current limits further.
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House Postpones Stock-Trading Vote
The majority leader’s announcement that the House would not vote this week on a bill to curb trading by members of Congress punted the issue until after the midterm elections and reflected a rough road ahead.
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Wall Street ends an ugly quarter with a whimper.
The S&P 500 on course for its third straight weekly fall and its third straight quarterly slump, the kinds of losses investors have not faced since 2009.