54.4 F
New York
Wednesday, October 5, 2022
Paul Krugman

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

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...
Bull - Market Indicator

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...
Bull - Market Indicator

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...
Bull - Market Indicator

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...
Ian Shepherdson - British Economist

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

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...
stock market news

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

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...

Must Read

Fandom acquires Metacritic to create a combined gaming platform

In a post on their website Monday, Fandom announced they have "acquired a portfolio of entertainment and gaming brands."  The Wall Street Journal reported the purchase...