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Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital
Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Investors hoping the major dip in the stock market last week was just a blip were greeted with even more losses on Monday, Aug. 5, as fears of a recession and global turmoil sent stocks tumbling. The Dow Jones Industrial Average fell 1,200 points at one point but closed 1,000 down. The S&P 500 dropped more than 3 percent and the Nasdaq fell 3.4 percent.  The massive sell-off began on Friday after a US jobs report showed that employer hiring in July had slowed more than analysts had predicted. Investors were already on edge over fears the US Federal Reserve had left interest ra…

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by Josh Lanier
Business
New Eatery To Celebrate Opening In Westchester: '3 Years In Making,' Owner Says New Eatery To Celebrate Opening In Westchester: '3 Years In Making,' Owner Says
New Eatery To Celebrate Opening In Westchester: '3 Years In Making,' Owner Says If you're craving something a little more authentic than instant ramen, a soon-to-be-opening Westchester restaurant has you covered.  Ramen Musashi, located at 800 Saw Mill River Rd. in Ardsley, will hold its grand opening celebration on Friday, July 5 at 11 a.m.  The eatery will be Ardsley's first Japanese-owned ramen restaurant, according to co-owners Paul Luce and Hitoshi Miyawaki, a Kyoto-trained ramen chef who curated the business's menu.  Luce said the restaurant has been a long time coming.  "This has actually been almost 3 years in the making," he said, ad…

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by Ben Crnic