Citigroup and General Motors officially are out of the world's most famous stock market index, the Dow Jones industrial average.
The share price for each are down dramatically. They're being replaced by shares in technology giant Cisco and insurance company Travelers.
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Dow falls 512 in steepest decline since '08 crisis (AP)
AP - Gripped by fear of a new recession, the stock market suffered its worst day Thursday since the financial crisis in the fall of 2008. The Dow Jones industrial average fell more than 500...
Dow falls 512 in steepest decline since '08 crisis (AP)
AP - Gripped by fear of another recession, the stock market suffered its worst day Thursday since the financial crisis in the fall of 2008. The Dow Jones industrial average fell more than 500...
Dow closes above 11,000 for first time since May (AP)
AP - The Dow Jones industrial average is closing above 11,000 for the first time in five months as hopes build that the Federal Reserve will take more action to get the economy going again.
Dow closes above 10,000 for 1st time in a year (AP)
AP - The Dow Jones industrial average is back above 10,000 for the first time in a year. The Dow crossed five figures Wednesday seven months after it hit a 12-year low of 6,547.05 on March 9....
Job Losses Slow To 345,000 In May
Some mildly encouraging news after months of 600K+ job loss. Still, the unemployment rate is now at 9.4%, but underemployment almost has to be at 16% this month since it was 15.6% last month....
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