Looming Musk-Twitter Legal Battle Hammers Company Shares
Business
Looming Musk-Twitter Legal Battle Hammers Company Shares

NEW YORK (AP) — Shares of Twitter slid more than 6% at the opening bell Monday after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in... Read More

Wall Street, Global Markets Bounce Back on China’s Rate Cut
Wall Street
Wall Street, Global Markets Bounce Back on China's Rate Cut

NEW YORK (AP) — Wall Street pointed toward gains before the opening bell Friday after a surprise interest rate cut from China lowered, at least temporarily, the anxiety over a slowdown in the world's second-largest economy. Futures for the Dow... Read More

A Bear Market May be on the Horizon. Here’s What That Means
Economy
A Bear Market May be on the Horizon. Here’s What That Means

NEW YORK (AP) — The bears are rumbling toward Wall Street. The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Rising interest rates, high inflation, the war in Ukraine and... Read More

US, World Markets Retreat After Powell’s Hawkish Rate Stance
Wall Street
US, World Markets Retreat After Powell's Hawkish Rate Stance

NEW YORK (AP) — Wall Street was pointed toward losses before markets opened on Friday, following global shares lower after Federal Reserve Chair Jerome Powell indicated aggressive increases in interest rates were needed to fight inflation. The futures for the Dow industrials... Read More

As Fed Meets, Investor Angst Over Rate Hikes Spooks Markets
Wall Street
As Fed Meets, Investor Angst Over Rate Hikes Spooks Markets

WASHINGTON (AP) — Wild volatility in the stock market this week has put heightened scrutiny on the Federal Reserve's meeting Wednesday and whether the Fed will clarify just how fast it plans to tighten credit and potentially slow the economy.... Read More

How Climate Change is Impacting Investment
Finance
How Climate Change is Impacting Investment
2021-03-23 20:47:24
by Victoria Turner

WASHINGTON - Emma Howard Boyd, chairwoman of the United Kingdom’s Environmental Agency, would like you to invest your pension in environmentally-friendly financial funds, she urged today during a Peterson Institute for International Economics event entitled, “Economic Impact of Climate Change.”... Read More

Scaramucci Predicts Biden Win ‘Great for Markets’
Wall Street
Scaramucci Predicts Biden Win 'Great for Markets'
2020-11-09 14:18:38
by Kate Michael

WASHINGTON — Less than 24 hours before news organizations called the election for President-Elect Biden, financier Anthony Scaramucci predicted, “It’s likely to be Pennsylvania that tips this thing… and [Biden’s] election is great for the markets.” Speaking at an Axios... Read More

Trump’s Stock Market Now Worst Since Double-Recession George W. Bush
Wall Street
Trump’s Stock Market Now Worst Since Double-Recession George W. Bush

WASHINGTON — The return on stocks since Donald Trump’s presidential election win in 2016 has slumped to 24% thanks to the historic rout the past three weeks, undercutting what had been a better-than-average gain for American leaders over the past... Read More

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