Page 8 - Ashley Velie News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Pelley this is our western edition. Retirement accounts are taking a big hit this week. Today, for the third time, the dow suffered a tripledigit loss. 392 points, this time, or 2. 3 . Investors are worried that the chinese economy, second largest in the world, is slowing more than the Chinese Government is letting on, and that the governments haphazard attempts to intervene in its markets and devalue its currency are giving the impression that it doesnt know how to manage the trouble. Our Senior National correspondent Anthony Mason is following all of this. Anthony . Reporter scott, it was a painful day to check your 401 k . The dow is down more than 900 points since monday, thats more than five percent. The catalyst for the selloff once again was china. The Chinese Market shut down after less than half an hour this morning after plunging 7 . It was the second shutdown this week. Investors are worried the chinese economy is slowing. Gdp growth, which hit 12 five years ago, is now belo

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