The stock markets went through a whipsaw trading session on Monday, punctured by bouts of panic. At one point, the Dow fell as much as 1,579 points, the largest intraday-point drop in the history of the index.
The stock market continued to lose ground Monday after Friday's steep drop, with the Dow Jones industrial average down nearly 1,200 points — its worst single-day drop.
The largest British bank becomes the first to impose such a ban. Reports suggest that Lloyds fears that it could end up with unpaid debt if the cryptocurrency falls further.
The job market continues to tighten which is helping to push up wages. That in turn, is driving up consumer spending. All of that economic activity is pushing interest rates higher.
Men between the ages of 18 and 34 have been a key demographic for marketers for years. That's starting to change, say some marketing experts, who say the economic fortunes of these men have declined.
Yellen ends her term Saturday as the first woman to chair the Federal Reserve. NPR's Michel Martin talks with Financial Times editor Rana Foroohar about her career and what lies ahead.
Major stock indexes dropped sharply Friday; the Dow Jones industrial average tumbled 2.6 percent amid signs that wage growth is picking up. It was the Dow's worst weekly performance in two years.