Markets Are Treating the UK As if it’s a Developing Economy, Paul Krugman Says
Markets are treating the UK as if it's a developing economy — a sign that confidence has plunged — after Britain shared a plan...
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 market turmoil sent the...
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, said Steve Forbes, chair...
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 the S&P 500 to...
Investors Pull Out Nearly $140 Million From a Company Planning to Merge With Trump’s...
Investors are pulling back from an investment in a firm that planned to merge with Donald Trump's Truth Social platform.
"Blank-check" company Digital World Acquisition...
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 a falling deals market...
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 top economist has cautioned.
"The...
Fundstrat’s Tom Lee Remains Bullish That Stocks Will Soar into Year-End, Despite the Fed’s...
Stocks are falling, yields are skyrocketing, and inflation is persistent. Yet Fundstrat's Tom Lee remains bullish in his view that the stock market will...
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 growth continued to roil...
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 quest to quell inflation...
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Live Updates: Hurricane Ian batters Florida coast
Hurricane Ian morphed into a Category 4 storm by Wednesday morning. Live updates show it approaching the coast of Florida with sustained winds near...
