Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook
admin BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets…
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Fed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and…
Read MoreVanguard sees a recession in 2023 — and one ‘silver lining’ for investors
The last 12 months was a year of fast-rising inflation, fast-rising interest rates and fast-rising…
Read MoreSEC charges Sam Bankman-Fried with defrauding investors in now-bankrupt FTX
The Securities and Exchange Commission on Tuesday charged Samuel Bankman-Fried with committing fraud after raising…
Read MoreFTX’s Sam Bankman-Fried is arrested in Bahamas, charges pending in U.S.
Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, which faced a colossal collapse this year,…
Read MoreSinema ditches Democrats, but analysts say it’s no Senate earthquake, just a re-election gambit
Sen. Kyrsten Sinema announced Friday that she’s leaving the Democratic Party to register as an…
Read MoreU.S. wholesale price inflation picks up in November, but is lower for year
The number: U.S. wholesale prices rose 0.3% in November, the Labor Department said Friday. Economists…
Read MoreU.S. wholesale price inflation picks up in November, but is lower for year
The number: U.S. wholesale prices rose 0.3% in November, the Labor Department said Friday. Economists…
Read MoreBankman-Fried says he’s now willing to testify to House committee
Sam Bankman-Fried, the founder and former chief executive of bankrupt cryptocurrency exchange FTX, on Friday…
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Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad…
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