Dow Surges 421 Points to Extend Fed-Fueled Rally

The Dow Jones Industrial Average added 2.4 percent to 17,778.15, its largest one-day gain since December 2011. (Photo: AP/Seth Wenig)
Buffett-backed Chinese Auto Maker BYD Loses $1 Billion
Shares in Warren Buffett-backed BYD Co. Ltd. posted their biggest-ever single-day drop in Hong Kong on Thursday, wiping $1.2 billion from the Chinese car maker's market value and prompting it to hold emergency analyst calls.... [Full Story]
U.S. stocks rose, sending the Dow Jones Industrial Average up 421.28 [Full Story]
Pacific Investment Management Co expects global growth to accelerate in [Full Story]
Russia's steps to defend the ruble, which has plunged 45 percent [Full Story] |
The wealth gap between the country's upper-income and middle-class families [Full Story]
The unprecedented hack of Sony Pictures which a U.S. official says is [Full Story]
The U.S. economy can handle higher interest rates, and the Federal [Full Story]
CNBC commentator Ron Insana isn't too happy with the Federal Reserve's [Full Story]
Major League Baseball teams might have an "open season" signing Cuban [Full Story]
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen. [Full Story]
Takata Corp., the embattled air-bag maker, stepped up its response to a global auto-safety crisis by distributing an open letter from its chief executive officer in U.S. and German newspapers. [Full Story]
U.S. stocks rose, sending the Dow Jones Industrial Average up 421.28 points, as global equities rallied on the Federal Reserve's pledge to be patient on boosting rates. [Full Story]
The spiraling energy meltdown is the new housing crash, according to David Stockman, White House budget chief in the Reagan White House. [Full Story]
The wealth gap between the country's upper-income and middle-class families has risen to a record high, according to a new study from the Pew Research Center. [Full Story]

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