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Northern Star

Northern Illinois University’s student news organization since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Asia shares gain, Shanghai up slightly after Wall St rebound

By ELAINE KURTENBACH | February 3, 2020

BANGKOK (AP) — Shares advanced in Asia on Tuesday, with the Shanghai Composite up 0.2% after a rebound on Wall Street overnight.Markets were still far from giving the all-clear on the virus outbreak that has spread to more than 20 countries and killed...

Stocks sink on fears virus outbreak will dent global economy

By ALEX VEIGA | January 31, 2020

Stocks fell sharply on Wall Street Friday as fears spread through the markets that a virus outbreak emanating from China will dent global growth.The Dow Jones Industrial Average skidded more than 600 points and the S&P 500 index erased its gains for...

Stocks drop again after virus declared global emergency

By ELAINE KURTENBACH | January 31, 2020

Stock markets turned lower again on Friday after world health authorities declared the virus pandemic that has spread from China to more than a dozen countries a global emergency.Germany's DAX fell 0.3% to 13,116 and the CAC 40 in Paris shed 0.4% to 5,848...

Asia shares mixed as WHO says China virus a global emergency

By ELAINE KURTENBACH | January 30, 2020

Shares were mixed in Asia after the World Health Organization declared the outbreak of a new virus that has spread from China to more than a dozen countries a global emergency.Markets in mainland China remained closed as the U.S. warned against all travel...

Lawyer: Businessman was used by polygamists in fraud scheme

By BRADY McCOMBS | January 30, 2020

SALT LAKE CITY (AP) — A California businessman accused of leading a nearly $500 million biodiesel fraud scheme was actually being used by a Utah polygamist who didn't want to share the proceeds with his community, a defense attorney said Thursday.Polygamist...

UK rates held as Brexit clarity shores up economic surveys

By PAN PYLAS | January 30, 2020

LONDON (AP) — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britain's imminent departure from the European Union.The bank said in a statement that its Monetary...

World markets tumble as fears over virus outbreak spread

By ELAINE KURTENBACH | January 30, 2020

Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread.Taiwan's benchmark dived 5.8% as its market reopened after the Lunar...

Survey: University investments saw slower growth in 2019

By COLLIN BINKLEY | January 30, 2020

BOSTON (AP) — Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China, according to an annual survey of school finance chiefs.The...

Asian markets tumble as fears over virus outbreak spread

By ELAINE KURTENBACH | January 29, 2020

Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.Taiwan's benchmark dived 5.3% as its market reopened after the Lunar New Year. Japan's Nikkei 225 index sank 1.9% to 22,935.20, while Hong Kong's Hang...

World shares mostly higher after rebound on Wall Street

By ELAINE KURTENBACH | January 29, 2020

Shares advanced in most European and Asian markets on Wednesday after a rebound on Wall Street reversed most losses from a sell-off the day before.Hong Kong's Hang Seng dropped 2.8%, to 27,174.43 after its markets reopened from Lunar New Year holidays,...

Asian shares mostly higher after rebound on Wall Street

By ELAINE KURTENBACH | January 28, 2020

Shares advanced in most Asian markets on Wednesday after a rebound on Wall Street that reversed most losses from a sell-off the day before.Hong Kong's Hang Seng dropped 2.4%, to 27,289.55 after reopening from Lunar New Year holidays, while other Chinese...

Autistic futures trader who triggered crash spared prison

By MICHAEL TARM | January 28, 2020

CHICAGO (AP) — A U.S. judge Tuesday sentenced a socially awkward math whiz-turned-futures trader who earned tens of millions of dollars over several years and helped trigger a U.S. stock market “flash crash” from his parents’ suburban London home...