Economy Aug 26 Dow Jones drop 3 percent after Fed Chair Powell warns interest rates to stay high Stocks closed sharply lower after the head of the Federal Reserve dashed Wall Street's hopes that it may soon ease up on high interest rates in its effort to tame inflation.
Economy Jun 30 From the stock market to crypto, a punishing six months for investors It's the worst start to a year for stocks in decades. Bonds are on pace for one of their worst performances in history, and cryptocurrencies have tumbled after soaring last year.
Economy Jun 16 Wall Street tumbles again after brief reprieve Analysts had warned of more big swings given deep uncertainties about whether the Federal Reserve and other central banks can tiptoe the narrow path of hiking interest rates enough to slow high inflation but not so much that they cause…
Economy Jun 14 Stocks up and down a day after Wall Street sinks into a bear market Wall Street is wobbling Tuesday in its first trading after tumbling into a bear market on worries central banks will clamp the brakes too hard on the economy.
Economy Jun 13 Markets tumble worldwide, bear market growls on Wall Street The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control.
Economy Jun 10 Stocks tumble after inflation worsens, raising rate fears Stocks fell sharply on Friday following Wall Street's cold realization that inflation got worse last month, not better, as investors had been hoping.
Nation May 05 Boards of U.S. companies are still disproportionately white, despite greater overall diversity Following a pressure campaign from outsiders, more companies are disclosing the racial breakdowns of their boards of directors.
Economy Mar 07 Wall Street tumbles after oil prices hit $130 per barrel Stocks are tumbling on Wall Street Monday as another big leap for oil prices threatens to squeeze inflation's grip on the global economy.
Economy Mar 02 Stocks recover slightly as oil hits more than $110 per barrel Oil prices kept surging Wednesday and topped $110 per barrel as Russia’s war continues against Ukraine, but stocks and other markets were showing less fear than a day earlier.
Economy Dec 12 Inflation is painfully high, but some relief may be coming Prices have dropped on global markets for crude oil and natural gas, which is filtering into lower prices at the pump and for home heating. That should keep inflation somewhat in check, even if prices keep rising elsewhere in the…