Global News Aggregator
Credit Suisse announced it would borrow up to $53.7 billion from the Swiss central bank. (File) London: European stock markets rebounded slightly Thursday after troubled banking giant Credit Suisse secured…
Famed investor Michael Burry shredded the executives formerly in charge of Silicon Valley Bank on Sunday as the tech lender’s sudden collapse prompted fears of a systemic meltdown. Burry, the…
Ever since the 2008 implosion of the US financial system, Wall Street has been on tenterhooks for the next “Lehman Moment,” a triggering event named after the ill-fated investment bank…
Sen. Josh Hawley (R-Mo.) wants to bar lawmakers and their spouses from owning and trading stocks while in office by proposing the ‘PELOSI Act.’ The bill, whose title is “Preventing…
The stock market is set to go “back to the meat grinder” this year despite a recent minor rally, with the broad-based S&P 500 potentially plummeting by 50% in a…
Tesla Chief Executive Elon Musk told employees that they should not be “bothered by stock market craziness” after the company’s shares fell nearly 70% this year on jitters over softening…
Hot inflation and recession fears. Spiking interest rates from the Fed. Divisive US politics. A regional war overseas with global repercussions. I’m not talking about 2022 – I’m talking about…
Wall Street’s main indexes dropped on Thursday after fresh data underscored strength in the economy and aggravated concerns over the Federal Reserve’s continued policy tightening. The Dow Jones Industrial Average…
Stocks dropped for a third straight session and suffered a second straight week of losses on Friday as fears continued to mount that the Federal Reserve’s campaign to arrest inflation…
A surge in trading activity in the 60 seconds before the release of critical November inflation data this week has sparked speculation that the closely watched report was prematurely leaked.…