Dow Drops 300 Points, Turns Negative for the Year as Bank Fears Grow: Live Updates
Regional banks led the broader market lower as contagion fears resurfaced. [ad_2] Source link...
Fed increases rates a quarter point and signals a potential pause
The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped a tentative hint that the...
Live updates: Fed decision May 2023
Fed statement changes line about ‘additional policy firming’ One major change in Wednesday’s Fed statement is the omission of a key phrase that in prior...
PacWest falls more than 20% as regional bank stocks slide to new lows
A Pacific Western Bank branch in Los Angeles, California, US, on Friday, March 10, 2023. Eric Thayer | Bloomberg | Getty Images Regional bank stocks...
Gold advances on fresh banking jitters as Fed verdict looms
Bars of gold are seen at the Krastsvetmet company, one of the world’s largest producers of precious metals in Moscow, Russia on January 31, 2023. ...
Gold retreats to weekly loss on hawkish Fed
A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday,...
Public pessimism on the economy hits a new high, CNBC survey shows
Amid persistent inflation, higher interest rates and recession worries, Americans have never been more negative about the economy, according to the latest CNBC All-America Economic...
Gold shines as bets for US rate hike pause gather pace
Stacked gold bars Akos Stiller | Bloomberg | Getty Images Gold jumped on Wednesday as signs of cooling inflation bolstered bets that a pause in...
Gold reverses early losses as dollar retreats
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea. Gold prices on Wednesday lingered near their lowest level since April 2020,...
Stock market today: Live updates
Stocks rose Friday after a volatile trading session. Although Friday began with fears that the banking crisis was spilling over to Deutsche Bank, the markets...