Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up
Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous...
Dow tumbles more than 800 points, heads for biggest decline in 3 months
Stocks fell sharply Thursday after new data showed retail sales fell more than expected in November, raising fears that the Federal Reserve’s relentless interest rate...
The Fed projects raising rates as high as 5.1% before ending inflation battle
Federal Reserve Bank Board Chairman Jerome Powell answers reporters’ questions during a news conference following a meeting of the Federal Open Market Committee (FMOC) on...
S&P 500 and Nasdaq end Friday lower after November jobs report
Stocks cut much of their earlier losses Friday as investors looked past hotter-than-expected labor data to the upcoming Federal Reserve meeting. The Dow Jones Industrial...
China may have ‘passed the point of no return’ as Covid infections soar
BEIJING — Surging Covid infections across mainland China make it harder for the government to achieve zero-Covid without reverting to a harsh lockdown, Macquarie’s Chief...
Dow closes roughly 400 points higher, but snaps four-week win streak
Stocks rise, but finish week lower Stocks rose on Friday, but ultimately capped off the week with losses. The Dow Jones Industrial Average gained 401.97...
Dow closes 800 points higher after a historic one-day turnaround
Stocks staged a massive comeback Thursday, with the Dow Jones Industrial Average surging 1,500 points from its lows to the highest level, as traders shook...
Cash is king again as money managers are in no rush to embrace risk with Fed raising rates
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images...
Paul Tudor Jones believes we are in or near a recession and history shows stocks have more to fall
Billionaire hedge fund manager Paul Tudor Jones believes the U.S. economy is either near or already in the middle of a recession as the Federal Reserve rushed...
Asian stocks sink on German inflation, British tax cuts
BEIJING — Asian stocks sank again Friday after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and...