‘Nowhere near the bottom,’ top economist says as global markets crater
The Dow Jones Industrial Average plunged more than 1,000 points on Thursday. Brendan Mcdermid | Reuters Stock markets are set for more heavy selling this...
Dow tumbles 1,000 points, Nasdaq loses nearly 5% in worst day of the year for stocks
Stocks fell sharply on Thursday, erasing the gains seen in the previous session after the Federal Reserve raised rates by half a point in one...
Central bank tries to slow weakening yuan vs US dollar
The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China’s economic...
Dow tumbles 900 points and Nasdaq drops 4% to close out a brutal month
U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in April’s technology-led sell-off. The...
Dow drops about 300 points as April sell-off continues, global slowdown fears loom
The Dow Jones Industrial Average fell Monday, continuing an April market sell-off that has pushed the index lower for four straight weeks. Fear about a...
S&P 500 falls 1% on Friday, putting it on track for third-straight losing week
Stocks sank on Friday as the S&P 500 headed toward its third down week in a row amid busy earnings and rising bond yields. The...
Wells Fargo WFC earnings Q12022
Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo on Thursday reported...
Global Markets Fall on Rate Hike Fear, Russia
U.S. markets were on track to open lower on Wednesday, after a Federal Reserve official’s comments fueled expectations of more aggressive rate hikes and the...
Carnage is epic in bonds due to Fed’s inflation error: Jim Bianco
There may be no escape from the bond market turmoil — even for stock investors. Market researcher Jim Bianco warns critical Federal Reserve policies to...
Carl Icahn says there ‘very well could be a recession or even worse’
Famed investor Carl Icahn said Tuesday an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in...