Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Economy Watch: October 11, 2009 - October 17, 2009

Earnings Push Stocks Down at Opening

Wall Street opened down this morning, pushed south by larger-than-expected earnings from Bank of America and so-so earnings from General Electric. In the first 15 minutes of trading, the Dow is down 78 points, or nearly eight-tenths of 1 percent,...

By Frank Ahrens  |  October 16, 2009; 9:50 AM ET  |  Permalink  |  Comments (1)
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Sept. Industrial Production Beats Estimates

Industrial production in September rose 0.7 percent compared with 1.2 percent in August, a month-to-month falloff, but still was much higher than forecasters expected. Capacity utilization -- what percentage of the factory floor was actually working -- ticked up slightly...

By Frank Ahrens  |  October 16, 2009; 9:48 AM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Bank of America, GE, General Electric, industrial production  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

I Talk Dow 10K on NewsHour

Here's the video of me on the "NewsHour" last night talking about the Dow closing above 10,000 yesterday for the first time in more than a year. Ray Suarez interviewed me. If the video doesn't show up in your browser,...

By Frank Ahrens  |  October 15, 2009; 3:47 PM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Frank Ahrens, NewsHour  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Dow Back Above 10,000

UPDATED at 3:10 p.m. After opening with a pullback from 10,000 this morning, the Dow climbed back above the five-digit barrier and then spent most of the day zig-zagging above and below the line. With a little less than an...

By Frank Ahrens  |  October 15, 2009; 3:10 PM ET  |  Permalink  |  Comments (5)
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Inflation Up, New Jobless Claims Down to Lowest Level Since Jan.

Inflation rose 0.2 percent last month, slightly more than expected, and new jobless claims fell 10,000 to 514,000, in a raft of economic data out moments ago. It was the lowest number of new jobless claims since January. Also, continuing...

By Frank Ahrens  |  October 15, 2009; 8:50 AM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Bank of America, Goldman Sachs, J.P. Morgan Chase, inflation, jobless claims  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Dow Closes Above 10,000 For First Time In A Year

UPDATED at 4:15 p.m. The Dow closed above 10,000 moments ago, pushing above a psychological barrier it has not recorded in more than a year. The Dow briefly crossed 10,000 at about 1:15 p.m. today, then retreated, then punched above...

By Kendra Nichols  |  October 14, 2009; 4:15 PM ET  |  Permalink  |  Comments (88)
Categories:  The Ticker  | Tags: 000, Dow 10, Dow Jones, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Retail Sales Slump in September

Retail sales in September suffered their largest decline since December 2008, thanks to the Cash for Clunkers hangover. Retail sales dropped 1.5 percent in September compared with August, the Commerce Department said this morning. However, if you remove vehicle sales...

By Frank Ahrens  |  October 14, 2009; 9:07 AM ET  |  Permalink  |  Comments (3)
Categories:  The Ticker  | Tags: export prices, import prices, retail sales  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Reaganomics vs. Obamanomics

I'm sorry I didn't get a chance to post this yesterday when it happened, but it's worth watching, so I'm posting it today. Yesterday afternoon on CNBC, there was a pretty substantive back-and-forth between CNBC host Larry Kudlow and Bruce...

By Frank Ahrens  |  October 14, 2009; 9:00 AM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Bruce Bartlett, Larry Kudlow  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Bernie Madoff Wins First Prison Fight

Bernie Madoff, serving 150 years in a North Carolina federal prison for running a multibillion-dollar Ponzi scheme, got the better end of his first prison fight, the New York Post reports. Before you get ahead of yourself, this wasn't like...

By Frank Ahrens  |  October 13, 2009; 2:00 PM ET  |  Permalink  |  Comments (19)
Categories:  The Ticker  | Tags: Bernie Madoff  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Cisco Keeps Buying Stuff

When Cisco chief executive John Chambers visited The Post earlier this year, he said a couple of things that stuck with me: First, he thought the economy would go into positive growth territory in the third or fourth quarter of...

By Frank Ahrens  |  October 13, 2009; 12:17 PM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Cisco, John Chambers, Starent  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Stocks Open Down on J&J Earnings

Wall Street opened down this morning following Johnson & Johnson third-quarter earnings and a big Cisco acquisition. In the first 30 minutes of trading, the Dow is down half of 1 percent. The S&P 500 is down about seven-tenths of...

By Frank Ahrens  |  October 13, 2009; 10:04 AM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Dow Hits 2009 Intraday High

The stock market ended the day mixed, with the Dow Jones industrial average and the Standard & Poor's 500-stock index closing up while the Nasdaq finished down, but the Dow hit a new 2009 intraday high before pulling back, on...

By Frank Ahrens  |  October 12, 2009; 4:13 PM ET  |  Permalink  |  Comments (0)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Earnings to Watch This Week

Starting tomorrow, investors and traders will be hit with a flurry of important third-quarter earnings reports that ought to tell us where the corporate part of the economy is going. Alcoa, as it traditionally does, kicked off earnings season last...

By Frank Ahrens  |  October 12, 2009; 12:06 PM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Bank of America, Citigroup, Goldman Sachs, JP Morgan Chase, Johnson & Johnson, Ken Lewis, Vikram Pandit, earnings  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

October 12, 2009

The Washington Post staff share their picks for reading around the Web. 3 Questions: Robert Solow on the Struggle Ahead MIT News | What is next for the U.S. economy--and the economics profession more generally? Robert Solow, one of...

By Sarah Halzack  |  October 12, 2009; 10:30 AM ET  |  Permalink  |  Comments (0)
Categories:  Neil Irwin's Must Reads  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Stocks Open Up on Holiday Trading

Wall Street opened up this morning on what is expected to be a light Columbus Day trading day. In the first 15 minutes of trading, the Dow us up half of 1 percent. The broader S&P 500 is up about...

By Frank Ahrens  |  October 12, 2009; 9:53 AM ET  |  Permalink  |  Comments (0)
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company