Stan Choe

  • co-founder Sep 30, 2019

    WeWork Shelves Plan for IPO, Tries to Rebuild Battered Image

    WeWork’s new leaders shelved plans to enter the stock market Monday as they sought to repair the battered image of a company that appeared to revolutionize the office-rental industry and was poised just weeks ago to go public with a valuation of nearly $50 billion. The decision came less than a week after co-founder Adam Neumman stepped aside as chief...

  • Facebook Nov 21, 2018

    Investors Seek Stability as Stocks Fall

    Goodbye iPhones and Facebook feed. Hello power plants and bleach. Since stocks began tumbling two months ago, investors haven’t abandoned the market. At least, not all of it. In recent weeks, as they’ve pulled money out of funds that invest in go-go technology companies, they’ve also been buying utilities, companies that make everyday necessities for consumers and other stocks that...

  • Florida Feb 7, 2018

    More Americans Hold Stocks, for Better Or for Worse

    A plunge in stock prices always stings, but this recent one dug deeper because more Americans are participating in the market, particularly older ones. Slightly more than half of all U.S. families own stocks in some way, from workers who got automatically enrolled into their 401(k) retirement accounts to day-traders working their personal accounts. The rate of stock ownership is...

  • Donald Trump Feb 6, 2018

    Good News Was Actually Bad News for the Stock Market

    The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come. Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market’s gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less...

  • Donald Trump Oct 19, 2017

    Worries Nag Booming Stock Market 30 Years After Black Monday

    How long can this nirvana last for investors? The stock market keeps ticking methodically higher into record territory, and the Dow Jones industrial average closed above 23,000 for the first time on Wednesday. It’s been nearly 16 months since S&P 500 index funds had a pullback of even 5 percent over the course of days or weeks, the longest such...

  • Washington Aug 7, 2017

    A Sailing Stock Market Hasn't Been So Uneventful in Decades

    This year’s run to a record for the stock market has been one of the least eventful in decades. Seemingly every day, stocks have drifted by just a few tenths of a percent in a lazy ascent to new heights. Only twice this year have investors had to deal with a 1 percent drop for the Standard & Poor’s 500...

  • Congress May 6, 2017

    Punching in Past 65: Older-Worker Rate Highest Since 1962

    More Americans age 65 and over are still punching the clock, and the last time the percentage was this high was when John F. Kennedy was in the White House. Last month, 19 percent of Americans age 65 and over were still working, according to government data released Friday. That’s the highest rate since 1962, and it caps a long...

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