Adani shares close higher after brief 35% plunge on Hindenburg jitters; Asia stocks mixed
48 Min Ago TotalEnergies says it has limited exposure to Adani Group companies French oil major TotalEnergies said its exposure…
Euro zone inflation dips for a third straight month as energy prices continue to fall
Inflation in the euro zone eased in the last two months of 2022 but the economic indicator is still well-above…
In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
Aerial view of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard…
An extraordinary comeback for Brazil’s Lula sees a new ‘pink tide’ take shape in Latin America
Political analysts said Lula’s victory marked the most symbolic shift in a political movement that has seen the region’s right-wing…
Markets need to ‘re-anchor their thinking’: Bank of England chief economist hints that traders have it wrong
LONDON — The Bank of England remains committed to its “key goal” of bringing down inflation, but hopes markets will…
The crisis is over for the British pound, but analysts see further weakness ahead
Traders in London. DANIEL LEAL-OLIVAS | AFP | Getty Images LONDON — The British pound is on firmer footing since…
BP rakes in quarterly profit of $8.2 billion as oil majors post another round of bumper earnings
Shares of BP are up over 45% year-to-date. Sopa Images | Lightrocket | Getty Images Oil and gas giant BP…
Big Tech falters on dreary earnings and forecasts for Q4— Meta has worst week ever, Amazon tumbles 13%
Facebook CEO Mark Zuckerberg Marlene Awaad | Bloomberg | Getty Images Other than Apple, it was a brutal earnings week…
Could The UK Kick Off The Next Eurozone Crisis?
Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/economicsexplainedPurchase shares…
Dow closes up 550 points, Nasdaq pops more than 3% as strong bank earnings boost volatile market
Stocks rose sharply on Monday as key earnings reports eased some of investors’ fears and oversold tech names enjoyed a…
Dow closes 400 points lower to end a wild week of trading
Stocks slumped Friday, capping off a volatile week of trading, a day after posting a historic turnaround rally as investors…
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 peak to trough, as…
Fed officials expect higher rates to stay in place, meeting minutes show
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect…
UK bond market moves are dramatic — and confusing. And analysts think it could get worse
Getty Images LONDON — U.K. bonds sold off again this week, pushing yields to their highest level since before the…
‘This is serious’: JPMorgan’s Jamie Dimon warns U.S. likely to tip into recession in 6 to 9 months
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and…
Unemployment rate falls to 3.5% in September, payrolls rise by 263,000 as job market stays strong
Job growth fell just short of expectations in September and the unemployment rate declined despite efforts by the Federal Reserve…