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
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 20, 2022
Michael Burry Said He’s Not Betting Against Tesla, But He Should Be
Michael Burry said he’s not betting against Tesla right now, but he sees a compelling reason to short Elon Musk’s…
And More September 19, 2022
Meta Stock Plunges 14%, Reaches Its Lowest Level Since March 2020
Facebook is on a continuous plunge, although the stock hasn’t been cheap since the pandemic’s beginning. After slipping 14% for…
And More September 19, 2022
YouTube Will Start Sharing Ad Revenue With Popular Creators
YouTube is still trying to catch up to TikTok in the short-video market, the Google-owned streaming platform says it will…
And More September 18, 2022
The Fed Could Cut Rates Aggressively if a Recession Materializes, Says JPMorgan
In the same way that the Federal Reserve hiked interest rates in 2022, it could do the exact opposite in…
And More September 9, 2022
The Fed Will Hike Rates to at Least 4% come ‘Hell or High Water,’ Former Fed Vice Chair says
The Federal Reserve will definitely hike rates to 4% or higher as policymakers have no margin for error in their…
America September 8, 2022
Gulf Arab Countries Could Ban Netflix Over Content That “Violates Islamic Values”
Saudi Arabia and five other Gulf Arab countries issued a statement asking that Netflix remove content from its streaming platform…
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