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 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 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
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…
And More September 20, 2022
The Fed Should Hike Interest Rates by 150 Basis Points, Says Wells Fargo Strategist
The Federal Reserve should hike interest rates by 150 basis points — even if that could spark “carnage” in stocks,…
And More September 20, 2022
Billionaire David Rubenstein Says The Fed Is Unlikely To Hike Rates by 100 Basis Points
The Federal Reserve is unlikely to tackle hot inflation with a massive rate hike of 100 basis points at this…
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