Latest local news, weather and high school sports for Northern Michigan

Wednesday, August 11, 2010  Stocks and interest rates tumbled Wednesday as investors worldwide grew increasingly concerned about the health of the U.S. economy based on actions by the Federal Reserve.

Wednesday, July 28, 2010  Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.

Tuesday, June 29, 2010  Stocks and interest rates tumbled Tuesday after fresh signs of a global economic slowdown spooked investors. U.S. markets are following those in Asia, which fell when Japanese data showed that the nation's recovery has slowed.

Friday, June 04, 2010  Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis.

Thursday, May 27, 2010  Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.

Wednesday, May 26, 2010  A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below 10,000 in nearly four months.

Thursday, May 20, 2010  Stocks plunged again Thursday as more investors woke up to the possibility that economic problems such as Europe's debt crisis might spread around the world and stop the growing recovery in the U.S.

Tuesday, May 18, 2010  Investors uneasy about the news coming out of Europe Tuesday went back to selling stocks sharply lower. The falling euro and news that German regulators plan to limit some kinds of short selling fed the drop.

Monday, May 10, 2010  UPDATED 3:55 p.m. CDT. The Dow Jones industrial average rose about 405 points to its biggest advance since March 2009. Broader U.S. indexes outpaced the Dow's 3.9 percent rise. Gains in several European markets topped 9 percent.

Friday, May 07, 2010  The Dow Jones industrial average was down about 150 points in early afternoon trading, having been down as much as nearly 280 points earlier.

Friday, May 07, 2010  The Obama administration is stressing that it supports efforts to provide emergency loans to Greece, while U.S. market regulators have announced an investigation into unusual trading activity in a volatile day on Wall Street.

Thursday, May 06, 2010  UPDATE: Officials looking into whether a techinical glitch led to Dow plunging nearly 1,000 points within minutes before recovering to close down 347.

Thursday, May 06, 2010  Stocks tumble anew on concerns Greece bailout won't stem losses; jobless claims disappoint

Wednesday, May 05, 2010  Stocks fall for 2nd day as traders remain wary of debt woes in Europe; Dow falls 60 points

Tuesday, May 04, 2010  Stocks plunged around the world Tuesday as fears spread that Europe's attempt to contain Greece's debt crisis would fail. The dollar spiked against the embattled euro, sending prices for oil and other commodities sharply lower.