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Top States For Job Growth in 2015

While the US economy continues to struggle, thirty-nine states added jobs in 2015. Following a sluggish recovery period, overall job growth picked up in recent months.The Labor Department released job figures for June on Friday, allowing an assessment of how states have done in this economic recovery. Compared to May, 33 states added jobs and 17 lost them last month. The unemployment ...

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Monday’s Stock Market Roller Coaster Ride

  Monday August 24, 2015 – In Monday’s roller coaster ride, the stock market whipped between nauseating drops and roaring comebacks before closing the day with another big loss. Seized by fears that the Chinese economy is not as healthy as it appeared to be, investors sold with abandon at the opening bell and sent the Dow Jones industrial average down ...

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Oil Prices down 6% To New 6 1/2 Year Low

  Monday August 24, 2015 – Oil prices dropped over 6 per cent to new 6-1/2-year lows on Monday as markets worried about a China-led global economic slowdown that would drastically hit oil consumption at a time of plentiful supply. “Today’s falls are not about oil market fundamentals. It’s all about China,” Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt, ...

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Black Monday – Stocks Drop More Than 1000 Points in Early Selloff

  Monday August 24, 2015 – The Dow Jones industrial average dropped more than 1,000 points, or over 6 percent, at its 9:30 a.m. open, its worst start since the global financial crisis, before recovering to a 600-point loss around 10 a.m. The biggest drop for the Dow, an index of 30 large companies, was 777 points back in September 2008. Today’s opening marked a steep continuation of last ...

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Shares of Twitter Trading Below IPO

Saturday August 22, 2015 – Shares of Twitter Inc have tanked nearly 27 percent during this month and have entered a bear market. A correction of above 20 percent from the top is considered to be the stock entering into a bear market. Shares of Twitter closed the trading session at $25.867 which is below the IPO price of $26 which ...

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Crude Oil Dips Below $40 per Barrel

  Friday August 21, 2015 –  NEW YORK –  A barrel of U.S. crude fell below $40 per barrel for the first time since the end of the global economic crisis. Friday’s drop, to $39.86, was the latest indicator of a massive shift in the energy landscape. Oil prices have been steadily fallen for eight straight weeks. That’s the longest streak since ...

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UPDATE — Stocks Tank For Fourth Straight Day – DOW Looses 530 Points

  UPDATE – Stocks were hammered on Friday — a brutal finish to the worst week in the market in four years. The Dow Jones industrial average closed down 530 points, the biggest drop since November 2008 and the ninth-biggest point decline in its history. The Dow finished at 16,459. It fell more than 1,000 points this week alone and is down ...

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