Category Archives: Money

Dow dives 400 points as China, oil fears grip markets
By Matt Egan Fear is once again gripping U.S. markets — and crude oil and China remain the major culprits. The Dow dropped 400 points shortly after Friday’s opening bell, leaving it on tra...
Cumulus Media Jan 15, 2016

Mercedes CEO: Sales will stay strong in China
Cumulus Media Jan 13, 2016

Americans are leaving behind billions in unclaimed lottery tickets
Your chances of winning the Powerball jackpot are terrible. But double check your ticket. Americans left behind $2 billion in unclaimed prizes last year.
Cumulus Media Jan 12, 2016

U.S. economy ends 2015 with strong job gains
For all of 2015, the economy added 2.65 million jobs, the second best year of jobs growth since 1999.
Cumulus Media Jan 08, 2016

Troubled American Apparel Inc. Receives a Takeover Bid
LOS ANGELES (CNS) – Troubled retailer American Apparel Inc. has received a takeover bid of more than $200 million from an investor as part of a plan that would return ousted Chief Executive Dov ...
Cumulus Media Jan 08, 2016

Nasty day for stocks: Dow drops 200 points
By Matt Egan China and cheap oil are seriously spooking the markets. Again. The latest freakout on Wall Street comes as China’s stock market crashed 7% overnight, losses so severe that trading h...
Cumulus Media Jan 07, 2016

What happens when you win the lottery?
Americans spend more than $70 billion on lottery tickets each year. But if you ever win, do you know what your options are?
Cumulus Media Jan 06, 2016

China panic triggers global market selloff
China suspended trading for the day on its major markets when the indices fell 7%. CNN’s Matt Rivers reports.
Cumulus Media Jan 04, 2016

Investment predictions for 2016
Mohamed El-Erian, Chief Economic Adviser at Allianz, explains the anxiety triggers for investors and offers investment suggestions for 2016.
Cumulus Media Jan 04, 2016

The New Year’s Eve ball by the numbers
Cumulus Media Dec 29, 2015