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The Dow hit a record high! So what?

May 17, 2024
The Dow hit 40,000, which doesn't necessarily mean the economy is doing well. But it can speak to how certain people think and feel about the economy.
Thursday, the Dow Jones Industrial Average touched 40,000 for the first time.
Angela Weiss/AFP via Getty Images

Why traders will be hanging on the Federal Reserve's every word Wednesday

Jan 30, 2024
The committee that sets interest rates is meeting this week, and the big question is whether — and when — they'll start cutting.
Fed Chair Jerome Powell. Some investors view the Federal Reserve's interest rate decisions and public statements as a "weather report" on where the economy is headed.
Alex Wong/Getty Images

New Fed Chair to Congress: Steady ahead

Feb 27, 2018
Jerome Powell will offer his insights to both the House and Senate this week. Stock traders are hoping for some calming words. Click the audio player above to hear the full story. 

The Dow dive computers might have caused

Feb 6, 2018
Algorithms don’t generally create steep declines, but they do amplify trends, one expert says.
Closing numbers are displayed at the New York Stock Exchange in 2018.
BRYAN R. SMITH/AFP/Getty Images

A Brexit could hit Japanese currency traders hard

Jun 22, 2016
If Britain does vote to exit the EU, Japan will be among the first markets to know.
Inside the dealing room of Tokyo-Mitsubishi UFJ Bank. 
TORU YAMANAKA/AFP/GettyImages

Oil, futures and 'super contango.' What's it all mean?

Mar 5, 2015
When low prices and high supplies converge, you get a super-rare situation.

Why oil prices move up and down so much

Feb 26, 2015
Predicting global supply and demand is enormously complicated

For public good, not for profit.

Oil traders are hedging their bets

Jan 20, 2015
One strategy: Buying oil then storing it in tankers until prices go back up.

A rogue Greenpeace trader wreaks havoc

Jun 16, 2014
He made $5.2 million worth of bad bets.

'On the Floor' with a former investment banker

Jul 11, 2013
In her latest novel, author Aifric Campbell details the cutthroat and high-flying world of finance in the early '90s.