U.S. dollar could soon wipe out all of its post-pandemic gains, Soc Gen strategist warns
The slide in the U.S. dollar in the last eight months could mean that mean all of its gains in the wake of the coronavirus...
Gold should be dead, but somehow it’s still adding value
Why isn’t gold dead yet? It hasn’t served a vital economic function since the government stopped treating it as money back in 1971. Actually, you...
Big Banks Stay Cautious as Stress Doesn’t End With a Test: WSJ
Largest banks brace for looming challenges as stress test results fall short. Concerns arise as buybacks remain conservative, signaling anticipated difficulties ahead. The Federal Reserve...
Stock market today: Asian shares sink as central banks crank interest rates still higher
BANGKOK (AP) — Asian shares sank sharply Friday after several central banks around the world cranked interest rates higher in their fight against inflation. Hong...
DoubleLine’s Gundlach warns stocks are ‘exhibiting signs of a mania’
“ “The stock market, frankly, is exhibiting signs of a mania, where you have a very concentrated part of the market’s that driving the entire...
Treasury Secretary Yellen warns of commercial real estate ‘issues’ that could strain banks
““I do think that there will be issues with respect to commercial real estate.”” — Treasury Secretary Janet Yellen, in an interview Wednesday with CNBC’s...
SEC’s Gary Gensler Had Crypto in His Sights for Years. Now He’s Suing Binance and Coinbase.
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Apple Customers Say It’s Hard to Get Money Out of Goldman Sachs Savings Accounts: WSJ
Some say it has taken weeks to withdraw their money and that the bank’s instructions have differed. [ad_2] Source link...
Fed Minutes: Officials Uncertain More Rate Hikes
Minutes from the Fed’s May 2-3 meeting offered clues as to just how seriously officials considered holding interest rates steady. Anna Moneymaker/Getty Images Text size...
A Housing Bust Comes for Thousands of Small-Time Investors: WSJ
They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed. [ad_2]...