Word: droppingly
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...huge stock-market losses on Thursday - a 7.3% drop in the Dow Industrials, a 7.6% decline in the S&P 500 - were just the latest in a string of traumas for investors already afraid to open brokerage statements or turn on cable TV for fear of what the news might bring. It was the seventh straight day of declines for the Dow, driving the group of blue-chip stocks below 8,600, a level not broached in five years. Since the market's high - ironically enough, exactly a year ago - the Dow has shed nearly...
There are good reasons for that. The U.S. is by far the largest economy in the world, more than three times bigger than no. 2, Japan. And with annual imports of more than $2 trillion, it is the world's shop-till-you-drop economic engine. If that engine stutters, the others grind to a halt. This is an old tale, but with a new twist to sober the Schadenfreudians: Europe's bankers and mortgage providers have been just as stupid and greedy as their American comrades-in-harm - and this in countries that pride themselves on having tamed...
...part of an initiative aimed to provide students with more outlets to mental health services, the mental health division of University Health Services has launched a pilot program Monday evening in four of the upperclassman houses. The program features drop-in hours with a Mental Health Services staff member, during which students can confidentially and informally talk about their mental health concerns and questions. From depression to homesickness to financial woes, no issues are off-limits according to MHS Director Paul K. Barreira. He led the initiative after finding that similar programs had been successful at Columbia University and Cornell...
...plane to Florida" and lobby their grandparents there to vote Obama because "no one is more influential over them" than their grandkids - part of an organized grassroots initiative known as The Great Schlep. But airfares being what they are today, the Obama campaign might advise them to just drop them a text message...
...Canadian and Swedish banks. But the announcement arrived after Asian markets had closed, too late to put the brakes on a near free fall in Asian stocks that began on Monday. In Japan, the world's second-largest economy, the benchmark Nikkei index plummeted 9.4%, its biggest one-day drop since the global stock market crash of October 1987. Hong Kong's benchmark Hang Seng index fell 8.2%, while Seoul's Kospi dropped 5.8%. Indonesia shut down its stock market after shares plunged more than 10%. It is unclear when trading will resume. "We need to watch further before...