Yurt
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Americans' wealth fell in spring as stocks tanked
Americans' wealth drops for first time since early 2009; Wall Street turmoil eats into stocks
WASHINGTON (AP) -- Americans' wealth shrank in the spring for the first time since early 2009 as financial turmoil eroded stock portfolios.
The Federal Reserve says household net worth fell 2.7 percent -- or $1.5 trillion -- in the April-to-June quarter. The decline left Americans' net worth at $53.5 trillion.
Americans' wealth fell in spring as stocks tanked - Yahoo! Finance
how about that good economic news...
Americans' wealth drops for first time since early 2009; Wall Street turmoil eats into stocks
WASHINGTON (AP) -- Americans' wealth shrank in the spring for the first time since early 2009 as financial turmoil eroded stock portfolios.
The Federal Reserve says household net worth fell 2.7 percent -- or $1.5 trillion -- in the April-to-June quarter. The decline left Americans' net worth at $53.5 trillion.
Americans' wealth fell in spring as stocks tanked - Yahoo! Finance
how about that good economic news...
