And More September 24, 2022
Google CEO Denied That The Search Giant is Embarking on “Aggressive Cost Saving”
Google’s CEO has denied the tech behemoth is doing “aggressive cost saving” and told staff they should not “equate fun…
And More September 23, 2022
US Could Avoid Recession By Boosting Immigration, Says Bill Ackman
The US could avoid falling into recession if they boosted immigration, Bill Ackman argued in a Twitter thread on Friday.…
And More September 23, 2022
Dow Jones Sheds More Than 300 Points Amid Warnings On The New Global Economy
US stocks tumbled Friday, and bond yields continued to climb amid new warnings on the global economy. The Dow shed…
And More September 23, 2022
The UK Pound Falls To Nearly Four-Decade Low Against the US Dollar
The UK pound plummeted dramatically to a nearly four-decade low against the US dollar on Friday as investors fear the…
And More September 23, 2022
Investors Should Brace for “Unsettling Volatility,” Says Mohamed El-Erian
Investors need to prepare for “unsettling volatility,” and the S&P 500 could plunge back to June lows, top economist Mohamed…
And More September 22, 2022
High Interest Rates Could Have Been Avoided if The Fed Acted Sooner, Says Mohamed El-Erian
Higher interest rates that soar faster and last longer, in addition to the increased risk of an economic recession, could…
And More September 22, 2022
Turkey Cut Interest Rate Despite Inflation Surging Beyond 80%
Turkey’s central bank shocked markets once again with its decision Thursday to cut its key interest rate, despite inflation in…
And More September 22, 2022
Stock Futures Slightly Higher Following a “Jumbo” Interest Rate Hike From the Fed
U.S. stock futures slightly surged on Thursday morning following a big plunge in the major averages as traders swallowed another…
And More September 21, 2022
2-year Treasury Yield Blasts Above 4.1%, Highest Level Since 2007
The yield on the 2-year Treasury note blasted above 4.1% after the Federal Reserve hiked interest rates by an additional…
And More September 21, 2022
Breaking News: Fed Hikes Interest Rates by 0.75 Percentage Points
The Federal Reserve on Wednesday hiked benchmark interest rates by an additional three-quarters of a percentage point and said it…
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