Citadel’s Ken Griffin says inflation may have already peaked, though recession risk still looms
admin Ken Griffin, the billionaire founder and chief executive of the hedge fund Citadel, thinks the…
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U.S. stocks surge without help from Apple for the first time in more than 2 years
U.S. stocks surged on Wednesday after the Bank of England announced a plan to intervene…
Read MoreVisa stock snaps record losing streak, but economic concerns linger
Shares of Visa Inc. and Mastercard Inc. gained Wednesday, snapping losing streaks that lasted roughly…
Read MoreDid something break? What stock-market investors need to know about U.K. chaos and a fragile global financial system
Global financial market stresses are piling up, but the commotion that forced the Bank of…
Read MoreFinancial contagion from U.K.’s woes? Biden economic adviser says U.S. ‘in a strong place to deal with a full set of headwinds’ including from abroad
“‘The U.S. economy remains in a strong place to deal with a full set of…
Read More‘We are in deep trouble’: Billionaire investor Druckenmiller believes Fed’s monetary tightening will push the economy into recession in 2023
Billionaire investor Stanley Druckenmiller sees a “hard landing” for the U.S. economy by the end…
Read MoreThis stock market rout looks like the dot-com bust of 2000, says investing guru
Forget about buying the dip, for a while. That’s John Duffy, founder and CEO of…
Read MoreApple and Tesla are the ‘last bastions of hope’ for retail investors, say these analysts
Apple Inc. and Tesla Inc. are the stocks to watch in coming days, as deeper…
Read MoreU.S. stocks rise as Treasury and gilt yields fall after BOE intervention
U.S. stock indexes on Wednesday turned higher, helped by a fall in Treasury yields and…
Read MoreU.S. trade deficit in goods shrinks fifth month in a row. Strong dollar dings exports
The numbers: The U.S. trade deficit in goods narrowed for the fifth month in a…
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