Traders work on the floor of the New York Stock Exchange at the end of the trading day, Feb. 3, 2014 in New York, N.Y.
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Business Latest: Dow sinks by over 300 points


STOCKS UNRAVEL AFTER FACTORY REPORT; DOW SINKS 300-PLUS POINTS: U.S. stocks were hammered on Monday, with benchmark indexes falling through key support levels after a gauge of factory activity disappointed, heightening concern about the economy before Friday’s monthly jobs report. Read more

GEN Y STRIKES BACK: IT’S THE ECONOMY, STUPID: Turning 30 used to mean hitting your stride as an official adult. But for many of the country’s millennials, it feels like being stuck in perpetual late adolescence. That’s not the place where many millennials expected or wanted to be as they hit their third decade. One major culprit: The lousy economy. Read more

ABOUT THAT UNPAID INTERNSHIP … IT MAY NOT REALLY HELP: Unpaid internships provide little or no edge over not interning at all, according to a study. If you want an internship for work experience, fight for a paid internship. Read more

WHICH CARD COMPANIES OFFER THE BEST FRAUD PROTECTION: It’s just something we take for granted — the company that gives us a credit card will do everything possible to prevent and detect the fraudulent use of that card. But, it seems, that’s not always the case. Read more


Business Latest: Dow sinks by over 300 points