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Business & Finance
US stocks declined on Monday after the US attacked Iran for the first time in weeks, fueling a rise in oil prices and increased bets that the Federal Reserve would raise interest rates at its September meeting
Of late, Micheal Burry has been skeptical on the developments in the technology sector. Recently, Burry disclosed short positions in Oracle (ORCL) and Nebius Group (NBIS) citing “rising leverage risks linked to off-balance-sheet commitments across the technology and cloud sectors.”
(Bloomberg) — As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds
When the cost of nearly everything is rising, economists call it inflation. Even if paychecks also rise, inflation typically leads people feel like it’s harder to make ends meet, and it often becomes a major political issue
South Korea’s benchmark KOSPI has plunged more than 33% in July, its worst month in history. The collapse surpasses the October 1997 IMF crisis, when the index lost 27%, and the October 2008 global financial crisis at 23%
There was a surprise slowdown in US economic growthin the three months to June despite an increase in consumer spending, according to official figures
eBay Inc. on Tuesday agreed to pay roughly $50 million to a Massachusetts couple after former employees were accused of terrorizing the pair of bloggers — sending packages containing live cockroaches and spiders, a preserved fetal pig, a funeral wreath, a bloody pig Halloween mask and a book about surviving the death of a spouse
A panel discusses the weeks market selloff, driven by inflation fears, rising oil prices and disappointing Big Tech earnings on Barrons Roundtable
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