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Latest News
Nasdaq, S&P 500 retreat as rate hike fears cool stock rally
U.S. producer prices fall in July, underlying inflation slowsDisney tops Netflix on streaming subscribers, shares jumpU.S. weekly jobless claims rise...
European Energy Crisis Deepens as Power Prices Reach Records
(Bloomberg) -- European power prices rose to fresh records on Thursday as a heatwave limits energy supplies and wildfires rage...
Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023
(Bloomberg) -- Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path...
Mexico, Peru, Argentina Set for New Rate Hikes: Decision Guide
(Bloomberg) -- Mexico and Peru’s central banks are expected Thursday to hike their key interest rates to the highest point...
Fed’s Mary Daly says it’s too early to ‘declare victory’ over inflation
(Reuters) -San Francisco Federal Reserve Bank President Mary Daly warned it is far too early for the U.S. central bank...
Searches For ‘Sell My House’ Hits Its Highest Point In U.S. Internet History
Analysis of Google search data reveals that searches for 'sell my house' exploded 147% in the United States as of...
Initial Jobless Claims Surge To Highest Since November
The number of Americans filing for jobless benefits for the first time last week was 262k, notably higher than the...
Former J.P. Morgan Traders Convicted of Fraud, Attempted Price Manipulation, and Spoofing in a Multi-Year Market Manipulation Scheme | OPA
A federal jury in the Northern District of Illinois convicted two former precious metals traders at JPMorgan Chase & Co....
BofA Says Cash Racing to Stocks, Bonds as Inflation Fears Ease
(Bloomberg) -- Bank of America Corp. says investors are rushing back into stocks and bonds, with signs that inflation has...
Powell Needs to Speak Up to Stop Ill-Fated Market Rally, Strategist Says
(Bloomberg) -- Principal Global Investors’ Seema Shah is no stock market bull but says the rally that erupted Wednesday may...
