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…
Stocks close higher for fourth straight session ahead of key inflation report, Dow rises 200 points
21 Min Ago S&P 500 and Nasdaq put together first 4-day advance in 2+ months The S&P 500 rose Monday…
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…
Limitless Growth Is Possible If We Run Our Economies Correctly | Economics Explained
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‘Floundering, not drowning’: Economists divided on prognosis for Russian economy
Russian President Vladimir Putin meets with head of Federal Financial Monitoring Service (Rosfinmonitoring) Yury Chikhanchin at the Kremlin in Moscow,…
China’s consumer and factory data miss expectations in July
Employees working on an air-conditioner production line at a Midea factory in Guangzhou, China. Jade Gao | AFP | Getty…
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…
Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market
Hiring in July was far better than expected, defying multiple other signs that the economic recovery is losing steam, the…
Stocks rally to reverse two-day slide, surging on rosy earnings results and economic data
2 Hours Ago All three major averages closed higher, snapping two days of losses All three major averages rallied Wednesday,…
3 charts show Europe’s unprecedented natural gas crisis
Europe is facing an unprecedented gas crisis. Picture Alliance | Picture Alliance | Getty Images Europe is facing an unprecedented…
China’s factory activity contracts unexpectedly in July as Covid flares up
An employee operates a spinning machine at a textile factory on May 26, 2022 in China. China’s factory activity contracted…
Stocks rally for a second day as investors shake off GDP contraction, Dow jumps 360 points
U.S. equities rallied Thursday for the second day in a row even after the latest GDP showed a second-straight contraction,…
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…
Here’s how to know if we’re in a recession, and it’s not what you think
People shop in a supermarket as inflation affected consumer prices in New York City, June 10, 2022. Andrew Kelly |…
S&P 500 is flat to kick off a big week of earnings, Fed meeting ahead
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE U.S. equities wavered on Monday, coming off a…
European Central Bank surprises markets with larger-than-expected rate hike, its first in 11 years
The European Central Bank is increasing interest rates for the first time in 11 years. But in Italy, political turmoil…
How One Powerful Family Destroyed A Country
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