And More September 26, 2022
British Pound Plummets To Historic Low Against the U.S. Dollar
The Bank of England on Monday said it is monitoring financial market developments “very closely” after a dramatic morning of…
And More September 26, 2022
The ‘Real Cure’ for Inflation Has Been Overlooked, Steve Forbes says
On their quest to quell inflation by hiking interests, central banks and governments forgot the importance of maintaining stable currencies,…
And More September 26, 2022
Dow Falls 100 Points As Tumbling British Pound Deepens the Market Wounds
The Dow Jones Industrial Average tumbled on Monday as investors feared soaring interest rates and foreign currency chaos could push…
America September 25, 2022
Investors Pull Out Nearly $140 Million From a Company Planning to Merge With Trump’s Truth Social
Investors are pulling back from an investment in a firm that planned to merge with Donald Trump’s Truth Social platform.…
America September 25, 2022
Political Polarization ‘May Bring It All To An End’, Says Bill Gates
Bill Gates is expanding his focus from poverty and diseases through his charitable foundation to the polarization of US politics.…
America September 25, 2022
Layoffs Are Hitting Goldman Sachs As The Economy Causes More Pain For Wall Street
The investment-banking division of Goldman Sachs has seen a storm of layoffs, in one of the earliest signs of how…
America September 25, 2022
US Home Prices Could Tumble 20% By Next Summer, Says Top Economist
The US housing market is grappling with a recession, and home prices could dip another 20% by next summer, a…
And More September 24, 2022
Fundstrat’s Tom Lee Remains Bullish That Stocks Will Soar into Year-End, Despite the Fed’s Hawkishness
Stocks are falling, yields are skyrocketing, and inflation is persistent. Yet Fundstrat’s Tom Lee remains bullish in his view that…
And More September 24, 2022
US Stocks Sold Off For a Fourth Straight Day, Dow Jones Slips 485 Points
US stocks sold off for a fourth straight day on Friday as fears of higher interest rates and slowing economic…
And More September 24, 2022
Jeremy Siegel Says the Fed Is Making The Biggest Mistake In Its History
Wharton professor Jeremy Siegel has been vocal about his hatred for the Federal Reserve’s aggressive interest rate hikes in its…
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