Could the U.S. pensions behemoth be hit by the kind of crisis that just swept across the U. K.? The “defined benefit” pensions system in the U.S.A. is nearly 10 times the size of the one in Britain that just plunged the global financial system into turmoi
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sector.
The Federal Reserve’s fight against inflation has veteran fund manager Mark Mobius warning that interest rates will soar to 9%.
In the all-hands-on-deck economics of the pandemic, governments and their central banks shared the same goals. Now they’re starting to pull in different directions.
U.S. Treasury yields rose on Friday as markets digested Thursday’s higher-than-expected consumer price index reading and kept a close eye on the U.K. economy as the Bank of England’s emergency bond-buying program is due to end.
We’re on the cusp of the 2022 midterm elections. This cornerstone of our democracy can generate excitement, apprehension, and a mix of many emotions for Americans—even more so it seems in recent years.
GREENWICH, Conn. (Reuters) - Ray Dalio, the billionaire investor who built Bridgewater Associates into one of the worlds biggest hedge funds, said a "perfect storm" is forming that will spread economic pain as the U.S. Federal Reserve raises interest rat
Shares in chip makers across the globe fell Monday after President Joe Biden unveiled new restrictions on semiconductor exports to China, the world’s second-largest economy.
JPMorgan Chase CEO Jamie Dimon said the U.S. economy was “actually still doing well” at present and consumers were likely to be in better shape compared to the 2008 global financial crisis when the world tips into recession.
There’s a global migration underway in the gold market, as western investors dump bullion while Asian buyers take advantage of a tumbling price to snap up cheap jewelry and bars.
Its been a trying year for investors, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all plunging into a bear market.
Elon Musk’s surprising decision to revive his offer for Twitter Inc. this week sparked a rally in the social-media company’s shares. For Tesla Inc.’s stock, however, it is an ominous sign.
The latest bout of global financial volatility has heightened concerns about regulators’ continuing failure to resolve liquidity problems with US Treasuries - the debt that serves as a benchmark for the world.
Michael J. Wilson, one of Wall Street’s biggest equity bears, says that while the Federal Reserve’s dovish pivot is becoming more likely amid falling money supply, this doesn’t remove the risk of a sharp contraction in earnings.
OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to push gasoline prices higher just weeks before US midterm elections.
