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Global markets closed out their most bruising first half of a year in decades, leaving investors bracing for the prospect of further losses. Accelerating inflation and rising interest rates fueled …
Markets Post Worst First Half of a Year in Decades Read More
Elon Musk is on his longest stretch without posting on Twitter in nearly five years, a nine-day hiatus that comes in the midst of tumultuous efforts to complete his planned …
Elon Musk Takes Unusually Long Twitter Break Read More
President Biden affirmed his support for the sale of a new fleet of F-16 jet fighters to Turkey on Thursday, two days after the Turkish president dropped his threatened veto …
Biden Backs F-16 Sales to Turkey Amid Deal to Expand NATO Read More
US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than …
Dow down more than 500 points as brutal first half comes to close Read More
US stock futures fell as investors rebalanced portfolios ahead of the end of a grueling first half and considered updated readings on consumer spending and inflation. Futures tied to the …
Stock Futures Drop on Final Trading Day of Grueling Quarter Read More
Text size NIO denied accounting allegations in a report by short-seller Grizzly Research. Qilai Shen / Bloomberg Shares of Chinese electric-vehicle maker NIO dropped more than 11% in Hong Kong …
NIO Stock Slumps, Short-Seller Questions Battery Sales, Management Strikes Back. Read More
Federal Reserve Chairman Jerome Powell said he was more concerned about the risk of failing to stamp out high inflation than about the possibility of raising interest rates too high …
Powell Says Fed Must Accept Higher Recession Risk to Combat Inflation Read More
A British Virgin Islands court ordered the liquidation of Three Arrows Capital Ltd. after creditors sued the cryptocurrency hedge fund for failure to repay debts. Nichol Yeo, a partner at …
Crypto Hedge Fund Three Arrows Ordered by Court to Liquidate Read More
US stocks were mixed on Wednesday as investors digested comments from central bankers at a panel in Europe and looked towards another round of quarterly earnings reports. The S&P 500 …
US Stocks Waver as Central Bankers Hold Panel Read More
When Mark Tritton took the helm of Bed Bath & Beyond in 2019, he moved quickly to overhaul the home-goods chain by cleaning up crowded aisles, scaling back coupons and …
Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge Read More