U.S. stocks wavered amid a second day of testimony from Federal Reserve Chairman Jerome Powell after he warned that rapidly rising interest rates threatened a recession. The S&P 500 was roughly flat at midday Thursday. […]
Wall Street tells investors to buy stocks despite profit warnings, recession fears, and layoffs | Fortune … >>>read full article here
Metal stocks plunged on Monday amid global sell-off in commodities due to fears of global recession and uncertain demand outlook from China. TO READ THE FULL STORY, SUBSCRIBE NOW […]
From Wall Street to Main Street, fears that the U.S. economy could be sliding into 1970s-style “stagflation” have been percolating. References to the sticky situation appeared in news headlines all week. The Associated Press called […]
INFLATION seems to be the buzzword around the globe these days, just as most economies are recovering after the disruptions caused by the Covid-19 pandemic. A visit to the market or grocery stores will make […]
Topline With the stock market on one of its worst losing streaks in decades amid a relentless selloff that has pushed the S&P 500 nearly 20% below its record highs, recession risks are rising—but history […]
Bearish scenario in stock market with bear figure in front of red price drop chart. getty A late-day rally on Friday staved off what seems inevitable. If current trends hold, at some point soon, the […]
Topline Amid heightened recession fears, major Wall Street firms now warn that the ongoing market selloff, which is on track for seven consecutive weeks of losses, could get much worse—with stocks set to plunge by […]
Treasury Secretary Janet Yellen testifies during a House Committee on Financial Services hearing on the Annual Report of the Financial Stability Oversight Council, Thursday, May 12, 2022 on Capitol Hill in Washington. (Graeme Jennings/Pool photo […]
U.S. stocks attempted to hold on to early gains Thursday, with the Nasdaq Composite briefly dipping into negative territory after a jump that followed results from Facebook parent Meta Platforms that weren’t as bad as […]
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