ECB policymakers are rethinking rate hikes after banking turmoil
A sign for the European Central Bank (ECB) outside the bank’s headquarters in Frankfurt, Germany, on Thursday, Feb. 2, 2023. Alex Kraus | Bloomberg |...
Gold is an important hedge against currency weakness, says First Eagle’s Mall McLennan
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Matt McLennan, First Eagle, joins ‘The Exchange’ to discuss sovereign credibility crisis...
Fed expects banking crisis to cause a recession this year, minutes show
WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released...
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...
58% of Americans are living paycheck to paycheck, CNBC survey reveals
Between higher costs and a possible recession on the horizon, families feel increasingly strained financially. More than half, or 58%, of all Americans are...
70% of Americans feel financially stressed, new CNBC survey finds
Inflation, economic instability and a lack of savings have an increasing number of Americans feeling financially stressed. Some 70% of Americans admit to being stressed about...
Layoffs are up nearly fivefold so far this year with tech companies leading the way
Google headquarters in Mountain View, California, US, on Monday, Jan. 30, 2023. Alphabet Inc. is expected to release earnings figures on February 2. Marlena Sloss...
Short sellers made $7 billion in profit from banking turmoil: Ortex
NEW YORK, NEW YORK – MARCH 15: Traders work on the floor of the New York Stock Exchange during morning trading on March 15, 2023...
Manhattan real estate sales plunge 38%, but cash deals hit record
Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile, according to new...
Shareholders demand answers over UBS rescue deal
ZURICH, Switzerland – April 4, 2023: Credit Suisse chairman Axel Lehmann opens the annual general meeting of Credit Suisse, after the Swiss government arranged its...