Markets

Yahoo Rakes in Another Jackpot From Alibaba’s IPO

A sign is posted in front of the Yahoo! headquarters on May 23, 2014 in Sunnyvale, California.  (Justin Sullivan/Getty Images)
A sign is posted in front of the Yahoo! headquarters on May 23, 2014 in Sunnyvale, California. (Justin Sullivan/Getty Images)

SAN FRANCISCO — Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a...

Markets

What if subprime mortgages made a comeback?

The United States subprime mortgage crisis was an extraordinary event that coincided with the recession in 2007. The catastrophic results triggered a significant decline in home prices, mortgage delinquencies and foreclosures. In addition, the collapse of Lehman Brothers sparked a …... Read More




  • Money traders work as screens show Scotland's referendum results at a foreign exchange dealing company in Tokyo, Friday, Sept. 19, 2014. (AP Photo/Shizuo Kambayashi)

    Wall Street Stocks Rising in Early Trading

    NEW YORK—Major market indexes are heading higher Friday as the Chinese e-commerce company Alibaba prepares its stock-market debut. The Standard & Poor’s 500 index pushed... Read more

  • Trader Patrick Forbes, works on the floor of the New York Stock Exchange  Sept. 18, 2014.  (AP Photo/Richard Drew)

    Pound Rises As Scottish Results Favor Union

    HONG KONG— The British pound jumped as investors bet that Scottish voters would reject independence based on results that cover more than half of Scotland... Read more

  • Trader Peter Mancuso works on the floor of the New York Stock Exchange Thursday, Sept. 18, 2014. US stocks are opening higher a day after the Federal Reserve made clear it would keep interest rates at record lows for a while. (AP Photo/Richard Drew)

    Good News on Economy Pushes US Stocks to Record Highs

    NEW YORK—More encouraging economic news and friendly signals from the Federal Reserve cheered investors on Thursday, as the stock market climbed to another record high... Read more

  • Trader Patrick Forbes (L) works on the floor of the New York Stock Exchange Thursday, Sept. 18, 2014. US stocks are opening higher a day after the Federal Reserve made clear it would keep interest rates at record lows for a while. (AP Photo/Richard Drew)

    Stocks Climb Slightly on News of Lower Unemployment Insurance Claims

    NEW YORK—The U.S. stock market headed higher Thursday as investors received more encouraging news on the economy. The slight gains come a day after the... Read more

  • This Feb. 4, 2009, photo shows the Federal Reserve Building in Lower Manhattan in New York City. (Timothy Clary/AFP/Getty Images)

    US Stocks Close at Record High After Fed Maintains Low Interest Rate

    NEW YORK—The stock market got the reassurance it wanted from the Federal Reserve Wednesday. The U.S. central bank signaled that it would keep its short-term... Read more

  • Trader Gregory Rowe works on the floor of the New York Stock Exchange Wednesday, Sept. 17, 2014. Financial markets are awaiting the end of a Federal Reserve meeting Wednesday to see whether the Fed sends any clearer signal about the timing of an interest rate increase. (AP Photo/Richard Drew)

    Stocks Higher in Afternoon Trading After Fed Statement

    NEW YORK—U.S. stocks rose in afternoon trading Wednesday after the Federal Reserve said that it plans to keep a key interest rate at a record... Read more

  • FILE - The New York Stock Exchange is shown, Tuesday, Aug. 9, 2011 file photo taken in New York. World stock markets were mostly higher Wednesday, Sept. 17, 2014 buoyed by hopes that the Federal Reserve will not speed up plans to raise interest rates and reports that China is providing extra liquidity to major state banks.  (AP Photo/Mark Lennihan, File)

    US Stocks Rise Slightly Ahead of Fed Statement

    NEW YORK—U.S. stocks edged higher in morning trading Wednesday as investors waited for a Federal Reserve statement on interest rates following a two-day meeting. Shares... Read more

  • Wall Street Stocks Rise Slightly Ahead of Fed Announcement

    NEW YORK—U.S. stocks are rising slightly in early trading, ahead of a Federal Reserve announcement this afternoon that might signal when the central bank will... Read more

  • Trader Patrick McKeon works on the floor of the New York Stock Exchange, Thursday, Aug. 21, 2014. U.S. stocks are opening higher, pushing the Standard & Poor's 500 index closer toward another record high. (AP Photo/Richard Drew)

    US Stocks End Higher Ahead of Fed Meeting Results

    NEW YORK—The stock market is closing broadly higher as investors await the results of a key meeting by the Federal Reserve. All 10 industry groups... Read more

  • Trader Edward McCarthy (L) works on the floor of the New York Stock Exchange, Thursday, Aug. 21, 2014. (AP Photo/Richard Drew)

    Wall Street Today: Energy Stocks Lead the Way in Afternoon Trading as Fed Meets

    NEW YORK—U.S. stocks moved higher in afternoon trading Tuesday with energy stocks leading the way. Investors kept an eye on a two-day Federal Reserve meeting... Read more

  • FILE - In this Aug. 16, 2007, file photo, the flags on the facade of the New York Stock Exchange provide a backdrop for a Wall Street street sign. Global stock markets were mostly lower Tuesday, Sept. 16, 2014, as jittery investors played it safe ahead of a potentially pivotal Federal Reserve meeting and the referendum on Scotland's independence on Thursday. (AP Photo/Richard Drew, File)

    Wall Street Stocks Rise Slightly Ahead of Fed Meeting

    NEW YORK—U.S. stocks inched higher in the first half hour of trading Tuesday after losses in technology and small-company stocks a day earlier. Investors are... Read more

  • This July 16, 2013 file photo shows a Wall Street street sign outside the New York Stock Exchange in New York. (AP Photo/Mark Lennihan, File)

    Wall Street Stocks Mostly Down as Investors Wait on Fed News

    NEW YORK—U.S. stocks are mostly lower at midday as investors wait for the Federal Reserve’s two-day policy meeting that starts on Tuesday. The Dow Jones... Read more

  • FILE - This March 4, 2013 file photo shows a sign for Wall Street on the side of building near the New York Stock Exchange, in New York. World stock markets sank Monday, Sept. 15, 2014, on weak Chinese economic data as investors looked ahead to a U.S. Federal Reserve meeting and Scotland's independence referendum. (AP Photo/Mark Lennihan, File)

    Weak China Figures Weigh on Global Stock Markets

    LONDON—Weak Chinese economic data kept a lid on world stock markets Monday as investors looked ahead to a U.S. Federal Reserve meeting and Scotland’s independence... Read more

  • Trader Leon Montana works on the floor of the New York Stock Exchange, Aug. 19, 2014. (AP Photo/Richard Drew, File)

    Wall Street Stocks Open Lower as Sluggish Month Continues

    NEW YORK— U.S. stock indexes are opening slightly lower as the market’s sluggish September continues. The Dow Jones industrial average eased 27 points, or 0.2... Read more

  • In this Nov. 23, 2011, photo an American flag flies from the US Capitol in Washington. The federal government ran a lower budget deficit in August 2014 than a year ago, remaining on track to record the lowest deficit for the entire year since 2008. Worries over the timing of a US rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets Wednesday, Sept. 11, 2014. (AP Photo/Carolyn Kaster)

    Stocks Close Mixed; Health Care Companies Sink

    NEW YORK—U.S. stocks are ending mixed as traders consider the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. Healthcare stocks,... Read more

  • A woman walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong Wednesday, Sept. 10, 2014. Global stocks sank under the weight of worries about the possible timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence. Hong Kong's Hang Seng fell 1.9 percent to 24,705.36. (AP Photo/Vincent Yu)

    Drop in Energy Stocks Depresses Wall Street’s Morning Session

    NEW YORK—U.S. stocks opened lower Thursday, led by a decline in energy stocks as the price of oil continue to slide. Oil has tumbled 13... Read more


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