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This recession was one of the main causes of the American Civil War, which would begin in 1861 and end in 1865. This is the earliest recession to which the NBER assigns specific months (rather than years) for the peak and trough. [ 6][ 8][ 21] 1860–1861 recession. October 1860 – June 1861. 8 months.
The Federal Open Market Committee action known as Operation Twist (named for the twist dance craze of the time [ 1]) began in 1961. The intent was to flatten the yield curve in order to promote capital inflows and strengthen the dollar. The Fed utilized open market operations to shorten the maturity of public debt in the open market.
History of Yahoo! Yahoo! was founded in January 1994 by Jerry Yang and David Filo, who were electrical engineering graduates at Stanford University [ 1] when they created a website named "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages.
Though as Yahoo Finance's Jared Blikre highlighted last week, the rally to start 2023 might put history on the side of investors. When the S&P 500 is up more than 10% entering August, as was the ...
In 2002, the Nasdaq lost 31.53% of its value (1,950.40 to 1,335.51). Dow Jones Industrial Average. In 2000, the Dow lost 6.17% of its value (11,497.10 to 10,788.00) In 2001, the Dow lost 5.35% of its value (10,788.00 to 10,021.60) In 2002, the Dow lost 16.76% of its value (10,021.60 to 8,341.63) Here is a historical view of the stock market ...
August 5, 2024 at 4:25 AM. Wall Street's busiest week of the summer sent stocks tumbling as a weak July jobs report surfaced concerns over the health of the US economy and Big Tech earnings failed ...
Japan's main Nikkei 225 stock index last Monday dropped more than 12%, its worst trading session since 1987. The following day, however, the index soared 10%, then increased slightly over the ...
February 19, 2004: Yahoo! drops Google-powered results and launches its own web-crawling algorithm with its own site index. [ 30 ] March 1, 2004: Yahoo announces that it will practice paid inclusion for its search service; however, it also announced that it would continue to rely mainly on a free web crawl for most of its search engine content.