Wall Street Unruffled by US 7-Year Jobless High

ARC IDEA CO a year ago Region: United States

On 13 November 2008, Labour Department of USA released a report that jobless claims for last week had an increased by 32,000.The total season adjusted jobless claims is 516,000 which is very near to the jobless figure 7 ye... more

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What is the true meaning of Recession?

ARC IDEA CO a year ago Region: New York

We all use the word 'recession' and we heard of it a lot these days as credit crunch and financial woes sets in. Stock markets are always in red rather than in the green. Ever-declining charts for shares are setting the in... more

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Dow Jones Literally Crashed on 4 September 2008

ARC IDEA CO a year ago Region: New York

It was 4 September 2008, another trading session at Wall Street. What was different from any other usual trading session was that the market closed in red, down by 2.99 percent. The Dow Jones Indurtrial Average Index, DJI ... more

Views: 1648 Rating: No Rating