With the U.S. stock market on track for its biggest annual decline in over a decade, fears that efforts by the Federal Reserve and other major central banks to bring Read more
Tag: Face
China could face tens of millions of new COVID cases every day as restrictions are lifted
While many are cheering China’s scrapping of its stringent zero-COVID policy earlier this month, an increasing number of reports suggest that the latest official tallies of new cases only represent Read more
FTX founder Sam Bankman-Fried extradited to U.S. to face criminal charges
NASSAU, Bahamas — Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of Read more
Stocks could face another explosion of volatility Friday as $4 trillion of options expire in ‘quadruple witching’
Stocks have been on a wild ride this week, and conditions could still get weirder as traders brace for “quadruple witching” on Friday, when a flurry of equity options and Read more
Private companies to face revaluation cuts next year, executive at big tech investor warns
Tech investor and asset manager Baillie Gifford has warned of a tough 2023 for private companies as the market has not felt the “gravitational force” of higher interest rates yet. Read more
Manufacturing hub Guangzhou is latest Chinese city to face lockdowns as COVID cases rise
The southern Chinese manufacturing hub of Guangzhou is the latest to see lockdowns amid a surge in COVID-19 cases, as the government presses ahead with the strict zero-COVID policy that Read more
Manufacturing hub Guangzhou is latest Chinese city to face lockdowns as COVID cases rise
The southern Chinese manufacturing hub of Guangzhou is the latest to see lockdowns amid a surge in COVID-19 cases, as the government presses ahead with the strict zero-COVID policy that Read more
Public schools face shortages as thousands of K-12 staffers quit during back-to-school season
Janitors, cafeteria workers and teachers appear to have one thing in common: They’re fed up. In September, 21,700 school workers left their jobs, according to the latest government data. This Read more
‘Material risk’ looms over stocks as investors face bear market’s ‘second act’
Stock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the S&P 500, according to Read more
Biden adviser says he ‘can’t put a date’ on when Saudis may face consequences over oil-production cut
President Joe Biden’s national-security adviser on Wednesday said he “can’t put a date or a time on when the president will announce any given step” on U.S. policy toward Saudi Read more