A worsening property slump and Covid lockdowns in July continued to curb business and consumer activity, dampening sentiment and deepening China’s slowdown.
Investors hoping for a reprieve were left disappointed when minutes from the Fed’s most recent meeting revealed that policymakers saw little sign of inflation improving, even though headline inflation was…
The bankrupt crypto lender Celsius has received multiple offers of fresh cash to help fund its restructuring process.
In recent weeks, major chip manufacturers Micron Technology, Nvidia, Intel and Advanced Micro Devices have warned of weaker export orders.
On Tuesday, Walmart reported stronger sales and profits than expected in the three months to July and forecast a smaller decline in full-year earnings than it had warned investors before.
Cryptocurrencies were mostly unchanged as the recent rally in market bellwethers Bitcoin and Ether has cooled, with many investors looking to the pullback as a natural symptom of taking some…
Analysts are seeing state-controlled Chinese airlines as the next potential group to depart, possibly followed by internet giants.
More Wall Street banks are willing to trade Russian bonds that were once viewed as untouchable, including JPMorgan Chase and Bank of America.
The bellwether cryptocurrency, which is seen as a proxy for overall risk appetite in the nascent asset class rose over 2% on Sunday to briefly shoot past US$25,000.
According to a recent MLIV Pulse survey, on average 2 out of every 3 investors still believe a standard 60/40 stock-bond portfolio allocation will beat inflation in the long run.