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| New York, Business Timeline Legend |
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Summary. Click for More >
|
| Aug. 21 |
|
Oil price jumps above $121 a barrel
|
| Jul.11 |
|
Oil price per barrel reached $147.02| OPEC's president predicted prices may reach $170 by the Northern summer | |
|
| Jun.30 |
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Oil price surges above $143 a barrel
|
| Jun.6 |
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Oil price soars as US woes mount The price of oil has made a record jump to nearly $139 a barrel, gaining more than $10 - its biggest-ever one-day rise
|
| May.22 |
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Oil soars to new record over $135 The price of oil is more than twice what it cost a year ago. The latest surge was driven by fallen US supplies of crude
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| Apr.18 |
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Crude hits record $117 per barrel
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| Mar.17 |
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Markets slump on banking worries
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| Mar.16 |
|
JPMorgan to acquire Bear Stearns
| New York, Business | Major Events in 21st Century | 
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Details:
|
|
| Aug. 21 |
|
Oil price jumps above $121 a barrel Oil prices shot up $6 a barrel, rising to the highest level in 2 weeks as escalating tensions with Russia stoked fears of a disruption of en...
|
|
| Jul.11 |
|
Oil price per barrel reached $147.02| OPEC's president predicted prices may reach $170 by the Northern summer | |
|
|
| Jun.30 |
|
Oil price surges above $143 a barrel Light, sweet crude for August delivery rose $3.31 a barrel in electronic trading on the New York Mercantile Exchange, by midday in Europe
|
| Jun.16 |
|
Oil at record near $140 a barrel
|
| Jun.6 |
|
Oil price soars as US woes mount| The price of oil has made a record jump to nearly $139 a barrel, gaining more than $10 - its biggest-ever one-day rise | |
|
| |
|
Oil prices soar above $134 a barrel
|
|
| May.22 |
|
Oil soars to new record over $135| The price of oil is more than twice what it cost a year ago. The latest surge was driven by fallen US supplies of crude | |
|
|
| Apr.18 |
|
Crude hits record $117 per barrel Oil and gasoline futures surged to a new trading record following an attack on a key pipeline in Nigeria
|
|
| Mar.17 |
|
 Markets slump on banking worries Markets from New York to Tokyo have recorded heavy losses in reaction to the emergency bailout of US bank Bear Stearns over the weekend
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| Mar.16 |
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JPMorgan to acquire Bear Stearns JPMorgan Chase has said it is to buy Wall Street's 5th-largest investment bank for $2 a share
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| Mar.14 |
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Bear Stearns gets emergency funds
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| Mar.13 |
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Gold hits $1,000 for first time
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| |
Microsoft wants to purchase Yahoo
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| Jan.22 |
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Market panic as world stocks slump
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| Jan.15 |
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Citigroup's $9.8bn sub-prime loss
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|
| Nov.14 |
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Families:Chiquita liable for torture, murder
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| Nov.10 |
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Broadway stagehands go on strike
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| Nov.4 |
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World's biggest bank's boss quits
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| Nov.1 |
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Markets tumble on credit concerns
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| Sep.13 |
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Dollar hits new low versus euro |
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| Aug.17 |
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US rate cut boosts global markets
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| Aug.13 |
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US markets join global recovery |
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| Aug.9 |
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World markets fall after US losses  | The markets have faltered in early trading a day after markets in NY and London suffered losses amid fears of a global credit crunch. Dow Jones was down 124.8 points, or 0.9%, at 13,145.9 points. London's FTSE... | |
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| |
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Mortgage concerns hit US markets| The share indexes tumbled amid fears that a wobble in the mortgage market may prompt a global credit crunch. Dow Jones fell 199.24 | | |
|
| Jul.31 |
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Murdoch wins Dow Jones battle Media tycoon has won his battle to take over the American media giant, publisher of the Wall Street Journal
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| |
Fans receive final Potter book
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| |
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DJ director quits to protest sale |
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| Apr.10 |
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U.S. files piracy complaint against China
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| Feb.27 |
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Dow Jones loses 416 The Dow Jones Industrial Average loses a largest single-day decline since the September 11, 2001 attacks
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|
| Oct.3 |
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Dow hits record
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| Apr.21 |
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Oil breaks through record $75 There are fears of a supply disruptions in Iran and Nigeria and reports of gas shortages on the U.S. East Coast
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|
| Dec.22 |
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Transport workers end strike
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| Dec.20 |
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Strike shuts down NYC transit system Millions of passengers are having to find a new way of getting to work and do their holiday shopping
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| Mar.15 |
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Ebbers guilty of Worldcom fraud
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| Oct.22 |
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Oil price rises above $55 a barrel Petroleum supply crude data has shown 5 weeks of falling inventories of distillate fuel
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| Oct.7 |
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Oil climbs to $53 price peak
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| Sep.27 |
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Oil rises to $50 Rising tension in Nigeria has pushed U.S. crude oil futures to the psychological level
|
| Aug.20 |
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Oil nears key $50-a-barrel mark Fresh violence in Iraq has seen oil prices surge to $49.27 a barrel
|
| Aug.6 |
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Indexes pummeled after hiring shock |
|
| May.10 |
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Rate fears batter global markets |
|
| Mar.5 |
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Jury finds Martha Stewart guilty The lifestyle guru has been found guilty of lying to investigators over a suspicious sale of shares in drug company ImClone
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| |
Janet Jackson revealing breast
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|
| Dec.11 |
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Dow Jones ends above 10,000
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| Sep.17 |
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$140m NYSE chief Grasso resigns
|
| Aug.3 |
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Tyson files for bankruptcy |
|
| Jan.29 |
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AOL TW Posts Loss of Nearly $100 Billion AOL Time Warner posted a 2002 the largest annual loss in U.S. corporate history. Turner, 64, was stepping down
|
|
| Dec.31 |
|
3rd consecutive year of stock losses
|
| Dec.9 |
|
United flies into bankruptcy
|
| Oct.9 |
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Dow fell to 7,286 4 Years low
|
| Aug.30 |
|
Baseball strike averted |
|
| Jul.24 |
|
Dow saw its second-biggest gain ever Dow Jones index added 488.95 points to 8,191.29. The buying was spurred by the arrest of offenders in Adelphia scandal
|
| Jul.21 |
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WorldCom files largest bankruptcy ever
|
| Jul.19 |
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Dow down 4.6% to 8,019
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| Jul.16 |
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Ground Zero plans unveiled |
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| Jul.15 |
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Dow drop 400 and rebound |
|
| Jul.10 |
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Dow plunges below 9,000
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| |
Bush wants new laws on corporate abuse
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| Jun.28 |
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Accounting panic hits Xerox |
|
| Jun.25 |
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WorldCom in accounting trouble, cut jobs
|
| Jan.31 |
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World Economic Forum starts |
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| |
Euro mark celebrations
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|
| Nov.6 |
|
Fed cuts by 0.5% |
|
| Sep.29 |
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Empire State Building reopens |
|
| Sep.17 |
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Wall Street reopens, Stocks plummet Dow Jones was down by 600 points or 6% and the Nasdaq by 5%. Federal Reserve cut interest rates by 0.5% to 3%
|
| Sep.12 |
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Insurers face claims up to $15bn
|
| Apr.18 |
|
Fed cuts rates, markets rally
|
| Apr.3 |
|
Wall St. gets hammered |
|
|
| Dec.20 |
|
Nasdaq: 20 months low
|
| Dec.5 |
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Nasdaq soars 10.5% |
|
| Jan.14 |
|
Dow Jones reached 11,722 3.9 times higher than the high of 2,999.75 reached in 1990
|
|
| 2008 |
|
| Mar.14 |
Bear Stearns gets emergency funds
|
| Jan.15 |
Citigroup's $9.8bn sub-prime loss
| 2007 |
|
| Sep.13 |
Dollar hits new low versus euro |
| 2002 |
|
| Jun.28 |
Accounting panic hits Xerox |
|
| Jun.25 |
WorldCom in accounting trouble, cut jobs
| 2001 |
|
| Sep.12 |
Insurers face claims up to $15bn
|
|
| 2008 |
|
| Mar.16 |
JPMorgan to acquire Bear Stearns JPMorgan Chase has said it is to buy Wall Street's 5th-largest investment bank for $2 a share
|
|
| 2002 |
|
| Jan.31 |
World Economic Forum starts |
|
|
| 2008 |
|
| Mar.17 |
Markets slump on banking worries Markets from New York to Tokyo have recorded heavy losses in reaction to the emergency bailout of US bank Bear Stearns over the weekend
|
| Mar.13 |
Gold hits $1,000 for first time
|
| Jan.22 |
Market panic as world stocks slump
| 2007 |
|
| Aug.17 |
US rate cut boosts global markets
|
| Aug.13 |
US markets join global recovery |
|
| Aug.9 |
World markets fall after US losses | The markets have faltered in early trading a day after markets in NY and London suffered losses amid fears of a global credit crunch. Dow Jones was down 124.8 points, or 0.9%, at 13,145.9 points. London's FTSE... | |
|
| Aug.9 |
Mortgage concerns hit US markets| The share indexes tumbled amid fears that a wobble in the mortgage market may prompt a global credit crunch. Dow Jones fell 199.24 | | |
|
| Feb.27 |
Dow Jones loses 416 The Dow Jones Industrial Average loses a largest single-day decline since the September 11, 2001 attacks
| 2006 |
|
| Oct.3 |
Dow hits record
| 2004 |
|
| Aug.6 |
Indexes pummeled after hiring shock |
|
| May.10 |
Rate fears batter global markets |
|
| Mar.5 |
Jury finds Martha Stewart guilty The lifestyle guru has been found guilty of lying to investigators over a suspicious sale of shares in drug company ImClone
| 2003 |
|
| Dec.11 |
Dow Jones ends above 10,000
| 2002 |
|
| Dec.31 |
3rd consecutive year of stock losses
|
| Oct.9 |
Dow fell to 7,286 4 Years low
|
| Jul.24 |
Dow saw its second-biggest gain ever Dow Jones index added 488.95 points to 8,191.29. The buying was spurred by the arrest of offenders in Adelphia scandal
|
| Jul.19 |
Dow down 4.6% to 8,019
|
| Jul.15 |
Dow drop 400 and rebound |
|
| Jul.10 |
Dow plunges below 9,000
| 2001 |
|
| Nov.6 |
Fed cuts by 0.5% |
|
| Sep.17 |
Wall Street reopens, Stocks plummet Dow Jones was down by 600 points or 6% and the Nasdaq by 5%. Federal Reserve cut interest rates by 0.5% to 3%
|
| Apr.18 |
Fed cuts rates, markets rally
|
| Apr.3 |
Wall St. gets hammered |
| 2000 |
|
| Dec.20 |
Nasdaq: 20 months low
|
| Dec.5 |
Nasdaq soars 10.5% |
|
| Jan.14 |
Dow Jones reached 11,722 3.9 times higher than the high of 2,999.75 reached in 1990
|
|
| 2007 |
|
| Nov.10 |
Broadway stagehands go on strike
| 2005 |
|
| Dec.22 |
Transport workers end strike
|
| Dec.20 |
Strike shuts down NYC transit system Millions of passengers are having to find a new way of getting to work and do their holiday shopping
| 2002 |
|
| Aug.30 |
Baseball strike averted |
|
|
| 2007 |
|
| Jul.31 |
Murdoch wins Dow Jones battle Media tycoon has won his battle to take over the American media giant, publisher of the Wall Street Journal
|
|
| 2003 |
|
| Aug.3 |
Tyson files for bankruptcy |
| 2002 |
|
| Dec.9 |
United flies into bankruptcy
|
| Jul.21 |
WorldCom files largest bankruptcy ever
|
|
| 2003 |
|
| Jan.29 |
AOL TW Posts Loss of Nearly $100 Billion AOL Time Warner posted a 2002 the largest annual loss in U.S. corporate history. Turner, 64, was stepping down
|
|
| 2007 |
|
| Nov.14 |
Families:Chiquita liable for torture, murder
|
| Apr.10 |
U.S. files piracy complaint against China
|
|
| 2001 |
|
| Sep.29 |
Empire State Building reopens |
|
|
| 2007 |
|
| Nov.4 |
World's biggest bank's boss quits
|
| Jul.20 |
DJ director quits to protest sale |
| 2003 |
|
| Sep.17 |
$140m NYSE chief Grasso resigns
|
|
| 2007 |
|
| Nov.1 |
Markets tumble on credit concerns
|
|
| 2002 |
|
| Jul.16 |
Ground Zero plans unveiled |
|
|
| 2008 |
|
| Aug. 21 |
Oil price jumps above $121 a barrel Oil prices shot up $6 a barrel, rising to the highest level in 2 weeks as escalating tensions with Russia stoked fears of a disruption of en...
|
| Jul.11 |
Oil price per barrel reached $147.02| OPEC's president predicted prices may reach $170 by the Northern summer | |
|
| Jun.30 |
Oil price surges above $143 a barrel Light, sweet crude for August delivery rose $3.31 a barrel in electronic trading on the New York Mercantile Exchange, by midday in Europe
|
| Jun.16 |
Oil at record near $140 a barrel
|
| Jun.6 |
Oil price soars as US woes mount| The price of oil has made a record jump to nearly $139 a barrel, gaining more than $10 - its biggest-ever one-day rise | |
|
| Jun.6 |
Oil prices soar above $134 a barrel
|
| May.22 |
Oil soars to new record over $135| The price of oil is more than twice what it cost a year ago. The latest surge was driven by fallen US supplies of crude | |
|
| Apr.18 |
Crude hits record $117 per barrel Oil and gasoline futures surged to a new trading record following an attack on a key pipeline in Nigeria
| 2006 |
|
| Apr.21 |
Oil breaks through record $75 There are fears of a supply disruptions in Iran and Nigeria and reports of gas shortages on the U.S. East Coast
| 2004 |
|
| Oct.22 |
Oil price rises above $55 a barrel Petroleum supply crude data has shown 5 weeks of falling inventories of distillate fuel
|
| Oct.7 |
Oil climbs to $53 price peak
|
| Sep.27 |
Oil rises to $50 Rising tension in Nigeria has pushed U.S. crude oil futures to the psychological level
|
| Aug.20 |
Oil nears key $50-a-barrel mark Fresh violence in Iraq has seen oil prices surge to $49.27 a barrel
|
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