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…
And More September 21, 2022
Germany Is Nationalizing Uniper, Its Leading Importer of Russian Natural Gas
Germany is nationalizing Uniper, its leading importer of Russian natural gas, in a deal that underlines Europe’s energy crisis. Uniper…
And More September 21, 2022
Oil Prices Soar After Putin Hints Russia Is Ready To Use Nuclear Force
Oil prices soared Wednesday after President Vladimir Putin hinted Russia is ready to use nuclear force to hold onto its…
And More September 21, 2022
Euro Plummets and US Dollar Surges as Putin Hints Russia Is Ready to Use Nuclear Weapons
The euro plummeted, and the safe-haven dollar surged Wednesday after President Vladimir Putin accused Western allies of “nuclear blackmail” and…
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