On Monday, the New York Stock Exchange is seen in Manhattan.
U.S. stock futures sank Monday night dramatically, following a tumultuous day of trading that saw the Dow jump 1,000 points....
Read
More
Repayments to creditors by poor countries are at their highest level in two decades.
Fears are increasing that the US central bank's action to contain high inflation will spark a new...
Read
More
PRIMARY CONCEPTS
Treasury Secretary Yellen lauded the Biden administration's economic successes, saying that by the end of 2022, she hopes to see inflation closer to 2%.
...
Read
More
PRIMARY CONCEPTS
President Joe Biden said he supports Federal Reserve Chairman Jerome Powell's expected plan to tighten monetary policy on Wednesday.
"Given the str...
Read
More
References
Bond yields are rising in the United States, as investors prepare for tighter monetary policy.
After a pipeline interruption in Turkey, oil has reached a new seve...
Read
More
Mr. Horta-Osorio began his career at Credit Suisse in April of last year.
"Antonio Horta-Osorio, the chairman of global banking behemoth Credit Suisse, has resigned with immediate ef...
Read
More
PRIMARY CONCEPTS
The figures are as follows: According to Refinitiv, earnings were $3.33 per share, compared to an estimate of $3.01 per share.
Revenue: $30.35 billion, compared to a...
Read
More
Concise:
In December, consumer prices rose by 0.5%.
The Consumer Price Index (CPI) has increased by 7.0% yearly.
Core CPI climbs 0.6 percent, with a year-on-year increase of...
Read
More
Overnight, Dow Jones futures, S&P 500 futures, and Nasdaq futures declined marginally. On Wednesday, the stock market rally pushed higher, extending a recent uptrend but finishing far of...
Read
More
