Who is This?

Floyd Norris is the chief financial correspondent of The New York Times and The International Herald Tribune. He writes a regular column on the stock market for the Times, plus a blog. In 2007, Norris was name one the nation's top 100 financial journalists by NewsBios.com.

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A dark mood on shopping

As the holiday shopping season begins, American consumers say they are less interested in consuming than at any time in the past four decades. That negative outlook, brought on by the credit crisis and recession, has led retailers to push so-called ...

From FLOYD NORRIS, International Herald Tribune,  29 Nov 2008

Off the Charts: Americans Have Lost Their Appetite for Spending

As the holiday shopping season begins, American consumers say they are less interested in consuming than at any other time in the past four decades. That negative outlook, brought on by the credit crisis and recession, has led retailers to push ...

From FLOYD NORRIS, The New York Times,  28 Nov 2008

High & Low Finance: An End Run Around Realogy’s Lenders

It was as badly timed a takeover as there was during the private equity boom. At the end of 2006, Apollo Management, the private equity firm headed by Leon Black, agreed to buy Realogy, a conglomerate with a number of franchised real estate businesses, ...

From FLOYD NORRIS, The New York Times,  27 Nov 2008

Floyd Norris: Go West, Foreclosure Man

Sales of existing homes are surging in the West, but not because buyers are eager. The driving force appears to be foreclosure sales, and prices are falling much faster there than in the rest of the country. The National Association of Realtors report ...

From FLOYD NORRIS, The New York Times,  24 Nov 2008

News Analysis: Another Crisis, Another Guarantee

Guarantees that could not be honored thrust the world financial system into its worst crisis since the Great Depression. Will a guarantee by the United States government finally restore confidence in the American financial system? Only a week after ...

From FLOYD NORRIS, The New York Times,  24 Nov 2008

U.S. brings support, but not clarity, to Citibank

NEW YORK: Guarantees that could not be honored thrust the world financial system into its worst crisis since the Great Depression. Will a guarantee by the U.S. government finally restore confidence in the American financial system? Only a week after ...

From FLOYD NORRIS, International Herald Tribune,  24 Nov 2008

A financial year for the record books

This is shaping up as the year that almost nothing went up. In the Standard & Poor's 500, the premier American stock index, just nine stocks were up for 2008 through the Thursday close, and the index itself was down more than it has previously fallen ...

From FLOYD NORRIS, International Herald Tribune,  22 Nov 2008

Off the Charts: And You Thought 1931 Was Bad for the Market

THIS is shaping up as the year when almost nothing went up. Even after Friday’s large stock market rally, only 10 of the stocks in the Standard & Poor’s 500, the premier American stock index, are higher than they were at the end of 2007, and the index ...

From FLOYD NORRIS, The New York Times,  21 Nov 2008

High & Low Finance: Looking to Washington Again, So Far in Vain

As Americans await the arrival of a new administration in Washington, investors are worrying whether the financial system is again in the danger zone. With the stock market plunging and the credit market entering a new freeze, cries are being heard ...

From FLOYD NORRIS, The New York Times,  20 Nov 2008

Bosses who lost billions

Feeling bad about how much you have been hurt by the stock market plunge? At least you don't have a lot of stock options. A survey of the paper losses suffered by 175 chief executives of American companies shows that they lost a total of $52.3 billion ...

From FLOYD NORRIS, International Herald Tribune,  15 Nov 2008

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