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.
The US central bank faces...
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 more than 300 points, and...
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 government's plan to reinforce...
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 El-Erian said, cautioning of...
High Interest Rates Could Have Been Avoided if The Fed Acted Sooner, Says Mohamed...
Higher interest rates that soar faster and last longer, in addition to the increased risk of an economic recession, could have been avoided if...
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 the country blasting above...
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 large rate hike from...
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 0.75 percentage point, and...
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 would keep raising interests...
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 announced Wednesday the German government...
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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...
