From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets
Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its…
Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will…
The Japanese yen is at 24-year lows. Here’s what to expect at the next BOJ meeting
The Japanese yen is hovering close to its weakest levels since 1998, and authorities have hinted at taking action to…
European Central Bank raises rates by 75 basis points to tackle soaring inflation
The ECB announced a second consecutive interest rate rise to combat red-hot inflation. Daniel Roland | Afp | Getty Images…
Here’s where China’s real estate troubles could spill over
China’s real estate industry accounts for more than a quarter of national GDP, according to Moody’s. Pictured here is a…
Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation
The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp…
Goldman Sachs crushes analysts’ expectations on strong bond trading results, shares rise 3%
Goldman Sachs on Monday posted profit and revenue that exceeded analysts’ estimates as fixed income traders generated roughly $700 million…
Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears
Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to…
What to Do If My Email Is Found on The Dark Web?
Pretty much everyone uses email. It’s part of your daily life. But what do you do if your email address…
Euro teeters on the brink of parity with the U.S. dollar on recession fears
A financial trader monitors data on computer screens as a desktop television shows euro currency banknotes at the Frankfurt Stock…
Switzerland surprised markets with a rate hike. But Japan could cause a much more violent reaction
Japan’s national flag flies atop the Bank of Japan building on November 12, 2019 in Tokyo, Japan. Tomohiro Ohsumi |…
Recession fears flare and June jobs report looms as jittery markets head into third quarter
Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report…
The market’s worst first half in 50 years has all come down to one thing
Traders on the floor of the NYSE, June 13, 2022. Source: NYSE A multitude of factors conspired to generate the…
Don’t get ‘sucked back in’: Fund manager says investors should learn from past bear markets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. …
G-7 nations to announce import ban on Russian gold as Moscow sanctions widen
The move would add to a series of punitive penalties imposed by the West on Russia since its onslaught of…
Russia’s ruble hit its strongest level in 7 years despite massive sanctions. Here’s why
Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken…
A crypto lending app tried to take over a ‘whale’ account to stop it from collapsing the system
The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images Decentralized finance platforms are going to…
Dalio is right to short Europe, strategist says: ‘The pain will go on for quite a while’
Ray Dalio, Bridgewater Associates, Founder, Co-Chairman & Co-CIO, at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica |…