China is once again the prime reason for the action. The People’s Bank of China finally did the expected and cut interest rates in Beijing’s latest move to try and put the brakes on its own market meltdown.
The DOW’s record intraday plunge saw big drops in blue chips, but the pain was felt across the market. Here’s a look at the weekly stock charts for 5 big name Bay Area employers.
Facebook stock rose more than 10 percent in the world’s biggest online social network’s debut as a publicly-traded company before retreating back to break-even levels.
Facebook seems to be experimenting with some changes to the News Feed at the same time the site’s longstanding “You Know You’re From …” groups…