Search

The article offers information on the economic challenges in New York in 2014 and mentions topics including central bank policies, stock market, and Standard & Poor's 500-stock market.

STRONG coffee gets me out of bed in the morning. I start gulping it at home, and after a train ride into Penn Station I usually stop at a Starbucks in Times Square for another jolt. On Jan. 3, my first working day of the year, I got a jolt all right. So did hundreds of other Starbucks customers in Manhattan. [ABSTRACT FROM AUTHOR]

EXPRESSING your own views is challenging enough. Describing someone else's opinions without talking to them first opens the door to serious trouble. I took that risk in a recent column about the two new Nobel laureates in economics, Christopher A. Sims of Princeton and Thomas J. Sargent of New York University. They received their awards for a lifetime of theoretical and statistical work on the cause-and-effect relationship between government policies and the economy. These are immensely complicated matters, and neither man is accustomed to boiling down his opinions into bite-sized morsels. [ABSTRACT FROM AUTHOR]

The stock market rallied again last week and commodity prices surged to their biggest monthly gains since 1974, while Treasury yields bounced up and down. For the month of May, the MSCI World index rose 8.7 percent, its best monthly performance in more than 30 years, according to Bloomberg. The futures price of a barrel of crude oil in New York settled at $66.31 a barrel on Friday, up from $61.67 the previous week, and its highest close since November. [ABSTRACT FROM PUBLISHER]

THE search for wisdom in personal finance will take you sooner or later to John C. Bogle, who founded Vanguard, created the first index mutual fund and still preaches the gospel of long-term, low-cost, diversified investing. Mr. Bogle, 79, has been warning for years about the excesses of Wall Street, where, he says, the triumph of ''salesmanship'' over financial ''stewardship'' produced colossal losses for millions of people. He is armed with statistics showing that a vast majority of investors -- including most professional investment managers -- should not even bother trying to pick individual stocks. They are just not very good at it, he says. Better to invest in the broad market through index funds with low costs, allowing the shareholders, and not the investment managers, to profit when times are good. [ABSTRACT FROM PUBLISHER]

It was the worst week for the stock market in months but a much better one for bonds. A Labor Department report on Friday showed that the unemployment rate soared in August to 6.1 percent from 5.7 percent the previous month, providing further indication of the extent of weakness in the economy. Oil prices settled at $106.23 a barrel in New York, down from $115.46 the previous week. [ABSTRACT FROM PUBLISHER]

The stock market took a beating last week, as troubles in the energy and credit markets hammered equities. Energy prices continued their long move upward. The futures price of a barrel of crude oil in New York closed at $140.21, up from $134.62 the previous week. That helped drive down the price of General Motors to its lowest level in more than 50 years. G.M. lost 16.24 percent for the week, the worst in the Dow Jones industrial average. [ABSTRACT FROM PUBLISHER]

Wall Street banks took further multibillion-dollar write-downs last week, but the stock market barely reacted. Instead, a handful of strong corporate earnings reports set off a rally. The latest red ink from financial institutions -- this time from Citigroup, JPMorgan Chase and Merrill Lynch -- failed to make much of an impression on the markets. Nor did warnings from Fed officials about inflation, or the data showing economic weakness. [ABSTRACT FROM PUBLISHER]

The article reports on the growth of gold futures in New York.

Reports on the increase in stock market without setting off serious inflation in New York City.

Focuses on the impact of economic downturn on the status of the stock market in New York City. Factors influencing the increase of the inflation rate; Prices of the stocks; Decrease on the earnings of various companies.

Reports on the poor performance of Dow industrial stocks in the New York Stock Exchange as of October 18-22, 2004. Factors contributing to the decline in Dow industrial stocks; Descent of the Dow Jones industrial average; Yield on the 10-year note in the Treasury market.

Reports on the increased stocks of drug company Merck & Co. Inc. in New York.

Reports on the performance of the New York Stock Exchange from June 7 to 11, 2004. Rise in trading despite likelihood of short-term interest rate increase by U.S. Federal Reserve; Closing of market on June 11 for the funeral of former U.S. President Ronald Reagan; Stock indexes; Performance of individual companies.

Reports on the plan of the New York Stock Exchange to eliminate the practice of having stockbrokers supervise the compliance officers responsible for overseeing the activity of the brokers.