Global markets and US futures slide as Fitch downgrades US debt rating
Hong Kong/London CNN — Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of...
Global markets slide as recession fears grip investors
Hong Kong/London CNN — Stock markets in Europe and Asia fell Friday as investors became increasingly worried that more interest rate hikes by central banks...
Bank of England calls for urgent action on funds that nearly toppled UK financial system
London CNN — The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries...
Global markets mixed as Credit Suisse accepts $54 billion lifeline
Hong Kong/London CNN — European markets breathed a small sigh of relief Thursday as beleaguered lender Credit Suisse accepted a loan from Switzerland’s central bank,...
Yellen warns of ‘global financial crisis’ if US debt limit agreement isn’t reached
CNN — Treasury Secretary Janet Yellen on Friday warned of the widespread global effects that could be felt if the federal government exhausts extraordinary measures...
Premarket stocks: The world has a major debt problem. Is a reset coming?
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House passes $1.7 trillion government spending bill as funding deadline looms
CNN — The House voted Friday to pass a massive $1.7 trillion spending bill that would fund critical government operations across federal agencies and provide...
Inflation is a global problem, here’s how central banks are addressing it
New York CNN Business — Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of...
Premarket stocks: The stock market sell-off could be just getting started
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