|This month in history:
|Nov. 4, 1890
In London, the first electrified underground railway system was opened.
|Nov. 15, 1867
The first stock debuted on the New York Stock Exchange.
|Nov. 17, 1993
NAFTA, the North American Free Trade Agreement, was approved by the U.S. House of Representatives.
The price of oil sets a new record of $98.62 a barrel as the dollar weakened and global demand grew, prompting fear of a new age of "stagflation" comparable to that experienced in the 1970s.
Hollywood writers went on strike over not receiving a share of Internet revenue for their work, prompting fear of having to watch reruns of "Ugly Betty."
In a depressing sign of the times, Rite Aid stores in the West start selling paternity test kits. The test kits come from a company called Sorenson Genomics, which uses the slogan: "For questions only DNA can answer."
Levitt and Sons becomes the largest homebuilder in the country to declare bankruptcy in the wake of a continued slump in new home sales.