Dow plunges and is back in a bear market

James G. Cole

New York CNN Business  —  The third quarter is about to end – and investors are wishing the past nine months good riddance. Stocks fell Thursday, giving up much of Wednesday’s big gains. The Dow fell nearly 460 points, or 1.5%. The Dow is now back in a bear market, […]

Jay Powell just went full Volcker

James G. Cole

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  Earlier this year, the idea of the Fed raising rates by three-quarters of percentage point wasn’t on the menu. But in just a few months, […]