IMF Sounds Alarm On ‘Significant Slowdown’ As Ukraine War And Inflation Slam Global Economies
ToplineThe International Monetary Fund warned on Tuesday that global economic growth will be “severely set back” by the fallout from ...
Tag: News
Stocks Fall, Rates Climb Ahead Of Big Earnings Week That Includes Netflix And Tesla
ToplineThe stock market moved lower on Monday—extending a recent losing streak—while rates surged ahead of a big week of quarterly ...
Recession Calls Grow As Inflation Threatens Corporate Earnings And Rising Costs Hit Consumers
ToplineDespite a decent start for earnings season, Wall Street experts are increasingly warning that corporate profits are likely to take ...
Some Analysts Downgrade Twitter Stock Amid ‘Full Blown Elon Circus’
ToplineAs speculation continues to swirl around Elon Musk’s $43 billion offer to buy Twitter, more Wall Street analysts are downgrading ...
Musk Says He Has ‘Sufficient Funding’ To Buy Twitter, Claims He Has ‘Plan B’ If Offer Is Rejected
ToplineTesla’s billionaire CEO Elon Musk, who submitted a $43 billion bid to buy Twitter on Thursday, said later in the ...
Distraction Or Hostile Takeover? Here’s What Analysts Say About Elon Musk’s Offer To Buy Twitter
ToplineShares of Twitter were largely flat on Thursday after Tesla’s billionaire CEO, Elon Musk, offered to buy the company and ...
JPMorgan Boosts Credit Reserves As Profits Tank, Jamie Dimon Warns About ‘Significant Challenges Ahead’
ToplineShares of JPMorgan Chase, the biggest U.S. bank by assets, fell on Wednesday after the firm reported earnings which showed ...
Experts Believe Inflation May Have ‘Peaked,’ But Prices Will Remain Elevated This Year
ToplineDespite consumer prices hitting a new four-decade high last month, the latest data show several signs that prices may be ...
Markets Are Ignoring 8.5% Inflation Spike And Watching This Number Instead
ToplineThe stock market moved higher on Tuesday, even after consumer prices spiked 8.5% in the 12 months ending in March, ...
Dow Falls 400 Points As 10-Year Treasury Yield Hits Highest Level Since January 2019
ToplineStocks fell on Monday as government bond yields surged—with the 10-year Treasury jumping above 2.7%, its highest level since January ...
Here’s How Much Major Energy Companies Are Losing By Exiting Russia
ToplineMajor oil and gas companies, which scrambled to abandon operations in Russia following the invasion of Ukraine in late February, ...
Stocks Rise As Investors Try To Shake Off Inflation Fears, Recent Fed Comments
ToplineThe stock market moved slightly higher on Thursday—clawing back some of its losses from earlier this week—as investors continued to ...
Billionaire Investor Ron Baron Remains Bullish On Tesla But Calls Musk’s Twitter Stake ‘Meaningless’
ToplineBillionaire investor Ron Baron, one of Tesla’s largest shareholders, told CNBC in an interview Thursday that Elon Musk’s roughly $3 ...
Federal Reserve Hints At Bigger Rate Hikes Ahead, Outlines Plan To Shrink Balance Sheet
ToplineWith numerous Federal Reserve officials sounding the alarm on inflation, minutes from the central bank’s latest monetary policy meeting released ...
More Fed Officials Are Sounding The Alarm On Inflation And Spooking Markets
ToplineAn increasing number of Federal Reserve officials have recently spooked markets by warning about the economic impact of decades-high inflation ...
Major Bank Is First To Forecast A Recession—More Could Follow
ToplineAn increasing number of Wall Street experts are now forecasting a possible economic downturn on the horizon, with alarms growing ...
U.S. Adds Pressure On Russia By Blocking Bond Payments, Increasing Risk Of Default
ToplineThe Treasury Department on Monday blocked the Russian government from making sovereign debt payments using dollars held at American banks, ...
Wall Street Firms Are Slashing S&P 500 Price Targets—Here’s What They Predict For Markets
ToplineA majority of Wall Street’s biggest firms have recently been slashing their S&P 500 forecasts for this year, predicting lower ...
BlackRock CEO Larry Fink Says Russia-Ukraine War Is Upending World Order And Will End Globalization
ToplineThe war between Russia and Ukraine has heralded the end of globalization, as the conflict has upended the current world ...
Dow Falls 400 Points As Supply Disruptions Send Oil Prices Surging Higher
ToplineThe stock market tumbled on Wednesday as oil prices spiked yet again due to supply disruptions from Russia’s invasion of ...
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