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British Steel was a major British steel producer. It originated from the nationalised British Steel Corporation ( BSC ), formed in 1967, which was privatised as a public limited company, British Steel plc, in 1988. It was once a constituent of the FTSE 100 Index. The company merged with Koninklijke Hoogovens to form Corus Group in 1999.
The 1973–1974 stock market crash caused a bear market between January 1973 and December 1974. Affecting all the major stock markets in the world, particularly the United Kingdom, [1] it was one of the worst stock market downturns since the Great Depression, the other being the financial crisis of 2007–2008. [2]
The 2000s commodities boom or the commodities super cycle [1] was the rise of many physical commodity prices (such as those of food, oil, metals, chemicals and fuels) during the early 21st century (2000–2014), [2] following the Great Commodities Depression of the 1980s and 1990s. The boom was largely due to the rising demand from emerging ...
Bear Stearns' former offices at 383 Madison Avenue. Bear Stearns was founded as an equity trading house on May 1, 1923, by Joseph Ainslie Bear, Robert B. Stearns and Harold C. Mayer with $500,000 in capital (equivalent to $8,941,406 in 2023). Internal tensions quickly arose among the three founders.
WALTHAM, MA — When Boston Sports Clubs shut the doors on a dozen of its gyms this fall amid financial trouble for the chain, it sent members from the now closed Watertown and West Newton ...
Oil prices fell by 9% (the largest one-day price drop in 11 years), while the yields on 10-year and 30-year U.S. Treasury securities fell to new record lows under 0.71% and 1.22% respectively. U.S. President Donald Trump signed into law an emergency appropriations and pandemic countermeasures bill including $8.3 billion in government spending.
The country’s median asking rent hit its highest point in almost two years, but there’s plenty of variation nationwide.
The Dow Jones Industrial Average, a price-weighted average (adjusted for splits and dividends) of 30 large companies on the New York Stock Exchange, peaked on January 14, 2000, with an intra-day high of 11,750.28 and a closing price of 11,722.98. In 2001, the DJIA was largely unchanged overall but had reached a secondary peak of 11,337.92 ...