Business

Dow drops another 500. It's the worst week for stocks since 2008

Dow drops another 500. It's the worst week for stocks since 2008

The selling spread to overseas markets . The Shanghai Composite in China suffered a 6% drop at one stage and, having fallen by 10% since the beginning of the month, now languishes at levels last seen in May a year ago. Rates may have to go up to attract buyers for those bonds. William Dudley, president of the Federal Reserve Bank of NY, sought to downplay the recent market moves, calling them "small potatoes".


Kim Possible Live-Action Movie in Development

Kim Possible Live-Action Movie in Development

The initial report doesn't indicate which villains will be used for the Kim Possible TV movie, although Kim's most frequent adversaries, Dr. Drakken and Shego, seem like a safe bet. Casting for the live-action pic for the Disney Channel Original movie franchise is officially underway. We embark on the fun challenge of making Kim and Ron fully dimensional.


Amazon turning these four cities into grocery battlegrounds

Amazon turning these four cities into grocery battlegrounds

Deliveries started Thursday in Austin, Texas; Cincinnati; Dallas; and Virginia Beach, Virginia; and will expand nationwide this year. For Amazon, the four-city tryout is a great way to see how many of its customers will engage with the new service and offer a reality check on how hard it is to manage, said Sucharita Kodali, a senior retail analyst with Forrester.


Elon Musk's Tesla Roadster Now a Registered Celestial Object

Elon Musk's Tesla Roadster Now a Registered Celestial Object

Things have not been smooth within the Autopilot team at Tesla . If that doesn't happen, it's not clear how long the auto will last for, or how it will be destroyed. India hasn't given up its hopes of wooing the automaker, either. How fast is all that cash burning? Model 3 . Image source: Tesla . Nevertheless, Musk is confident that he can make the company into a success.


Rep. Nancy Pelosi Stages Hours-Long Speech About House Spending Bill

Rep. Nancy Pelosi Stages Hours-Long Speech About House Spending Bill

The new effort to whip against the budget plan comes after House Minority Leader Nancy Pelosi said she would not pursue a coordinated effort to vote no on the plan. Trump's comments contrasted with the progress made on Capitol Hill, where the House passed a short-term spending measure Tuesday night and Senate leaders were closing in on a larger, long-term pact after a midnight Thursday night deadline.


After lower open, U.S. stocks bounce back after Monday plunge

After lower open, U.S. stocks bounce back after Monday plunge

Societe Generale said in a report Wednesday that it sees a clear chain of causality in the recent stock market sell-off: global risk sentiment is driven by USA equities, US equities are driven by US bond yields and U.S.to a significant degree by core eurozone yields.