Ray Chahal

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Stock Markets

Global markets tumble after U.S. plunge

World markets tumbled Thursday, taking their lead from a sharp fall on Wall Street.<p>Japan's Nikkei closed down 2.7% Thursday, after plummeting as much as 4.4%. The Hang Seng in Hong Kong ended 0.6% lower, pulling back from a loss of 2.1% earlier in the day.<p>The declines came after a rough day of …

Stock Markets

Change.org launches new site: Change Politics

If you've always wanted to ask a political candidate a question but are too busy to make it to a town hall or a Reddit AMA, there's a new tool just for you.<p>Change.org, a popular online petition site, launched a new site on Thursday focused on politics. Change Politics -- at ChangePolitics.org -- is …


Worried about stocks? Watch these numbers

I'm not going to lie to you. There's little in the way of good news for investors so far this year.<p>Stocks have plunged due to worries about China's economy, the collapse in crude prices and a bubble in some high tech stocks like Amazon (AMZN), Facebook (FB) and Netflix (NFLX).<p>CNNMoney's Fear & …

Stock Markets
Stock Markets

Opinion: Don't expect oil to rebound any time soon

Get used to low oil prices. They're here to stay, and may have to fall even further to take out excess supplies.<p>The slump in prices was the global economic story of 2015. They've fallen another 20% already this year to around $30 a barrel - a level not seen for about 12 years. This is having a …


What crisis? JPMorgan Chase reports $5.4 billion profit

Finally some good news for the market: Banking powerhouse JPMorgan Chase reported revenue and earnings for the fourth quarter that topped Wall Street's expectations.<p>The bank posted a quarterly profit of $5.4 billion -- 3.6 times the Powerball jackpot! Earnings were up 10% from a year ago. Shares …