Oil Falls Below $100 Per Barrel For First Time Since May As ‘Strong Likelihood Of Recession’ Hurts Demand
ToplineOil prices dropped 8% Tuesday—falling back below $100 per barrel for the first time since May—as some experts warn that ...
Tag: Policy
Dow Falls 600 Points As Euro Sinks To 20-Year Low Against The Dollar With Global Recession Fears ‘Front And Center’
ToplineThe stock market fell on Tuesday, adding to recent losses as investors returning from the holiday weekend face renewed fears ...
Stocks Close Out Worst First Half Of A Year Since 1970
ToplineStocks fell in volatile trading on Thursday, wrapping up their worst first half of a year since at least 1970 ...
Warren Buffett’s Favorite Stock Soars, Netflix Fumbles: These Are The Best And Worst Performing Stocks Of 2022
ToplineAmid the market’s worst first half of a year in over five decades, tech and cruise line stocks have been ...
Carnival Shares Plunge Nearly 15% As Morgan Stanley Warns Of Potential Stock Wipeout
ToplineCruise stocks tanked on Wednesday after yet another major Wall Street firm warned that weak demand and higher costs could ...
Dow Plunges Nearly 500 Points, Recession Fears Resume As Consumer Confidence Hits New Low
ToplineStocks fell for a second day in a row on Tuesday as markets failed to build on last week’s strong ...
G-7 Leaders Nearing Price Cap On Russian Oil Funding Putin’s War Chest
ToplineLeaders of Group of Seven nations on Monday announced a support package for Ukraine, further sanctions against Russia and are ...
Dow Jumps 800 Points, Stocks Snap Three-Week Losing Streak After Inflation Expectations Ease
ToplineThe stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks ...
Political Ads Targeting Inflation Ahead Of Midterm Elections Could Force The Fed To Keep Hiking Rates: Goldman Sachs
ToplineThe Federal Reserve’s “heightened sensitivity” to rising inflation expectations could be triggered by a barrage of political ad campaigns that ...
Warren Buffett Adds To Massive Stake In Occidental Petroleum, Buying The Dip After Oil Prices Drop
ToplineWith oil prices down this month, billionaire investor Warren Buffett is once again buying the dip by adding to one ...
Powell Says Fed Will Continue Hiking Rates Until There Is ‘Clear Proof’ That Inflation Is Slowing
ToplineFederal Reserve Chairman Jerome Powell pledged in testimony before Congress on Wednesday that the central bank is “moving expeditiously” to ...
Dow Droops 200 Points As Wall Street Banks Warn Of ‘Significant Downturn’ And Raise Recession Odds
ToplineStocks fell on Wednesday as a growing number of major Wall Street firms warned that the likelihood of a recession ...
Energy Stocks Jump As Oil Surges Again—Prices Will Remain Elevated Through Summer
ToplineEnergy stocks once again outperformed the rest of the market as oil and gas prices remain elevated due to inflation; ...
Dow Jumps 400 Points Even As Experts Warn Recession Could Lead To Further Stock Selloff
ToplineStocks moved higher on Tuesday as the market attempted to recover from its worst week since March 2020, despite the ...
Stocks Post Worst Week Since March 2020 Amid ‘Deafening’ Recession Worries
ToplineThe stock market struggled for direction on Friday after brutal selloffs in recent days, with the benchmark S&P 500 on ...
How To Invest During A Recession: Why Experts Pick These Stocks During Economic Turmoil
ToplineWith stocks falling into a bear market this year amid fears that aggressive rate hikes from the Federal Reserve will ...
Stocks On Track For Worst Week Since March 2020 Amid ‘Deafening’ Recession Worries
ToplineThe stock market moved slightly higher on Friday as it attempts to rebound from a brutal selloff, with the benchmark ...
Dow Plunges 700 Points As Fed Rally Evaporates Amid Fears That A Recession Is ‘Inevitable’
ToplineMarkets tanked on Thursday as recession fears surged once again, with stocks reversing gains from the previous session when the ...
Dow Jumps 300 Points After Powell Says Fed Could Hike Rates By 75 Basis Points Again In July
ToplineThe stock market moved higher on Wednesday after the Federal Reserve raised interest rates by 75 basis points—the largest increase ...
‘Don’t Be Fooled’ By Latest Rally As Stocks Prepare For Looming Fed Rate Hikes, Experts Warn
ToplineThe stock market moved higher on Wednesday as investors nervously look ahead to the conclusion of the Federal Reserve’s upcoming ...
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