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As stocks rise, so does anxiety: Time to get out?

In this Thursday, Aug. 21, 2014, file photo, trader Edward McCarthy, left, works on the floor of the New York Stock Exchange. As stocks continue to rise, investors are wondering if it’s time to sell. AP

Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer.

Posted: August 30th, 2014 in Latest Business Stories | Read More »

Ukraine gets $680 million EU loan, more to come

European Commissioner for the Economy Olli Rehn answers questions from journalists during a media conference at EU headquarters in Brussels Monday, June 2, 2014. AP

The European Union says it has wired 500 million euros ($680 million) to Ukraine to help stabilize the country and shore up its ailing economy.

Posted: June 17th, 2014 in Latest Business Stories | Read More »

US added surprisingly strong 204,000 jobs in October

Job applicants arrive for an internship job fair held by the Miami Marlins, at Marlins Park in Miami. The government issues the October jobs report, on Friday, Nov. 8, 2013, which had been delayed a week because of the government shutdown. AP

The U.S. economy added 204,000 jobs in October, an unexpected burst of hiring in a month when the government was partly shut down for 16 days. And far more jobs were added in August and September than previously thought.

Posted: November 9th, 2013 in Latest Business Stories | Read More »

World finance officials focus on global risks

Governor of the Banque de France Christian Noyer speaks in a news conference during the World Bank/IMF Annual Meetings at IMF headquarters, Saturday, Oct. 12, 2013, in Washington. World finance officials prepared to wrap up three days of meetings in Washington, where fretting about the risk of an unprecedented U.S. debt default overshadowed myriad worries about a shaky global economic recovery. AP

World finance officials pledged on Saturday to deal with new risks to the global recovery while they kept up pressure on the United States to address the biggest threat of all — a market-rattling default on U.S. debt.

Posted: October 13th, 2013 in Latest Business Stories | Read More »

Purisima: US default to hit emerging markets

By
Finance Secretary Cesar Purisima. INQUIRER FILE PHOTO

Finance Secretary Cesar Purisima has expressed alarm over a potential default by the United States government, saying such an event will bring down not only the world’s biggest economy but also emerging markets like the Philippines.

Posted: October 12th, 2013 in Latest Business Stories,Photos & Videos | Read More »

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