U.S. stocks drop on recession fears, Nasdaq closes at new bear market low
The Nasdaq recorded a 2022 closing low on Wednesday as investors struggled with conflicting economic data, increased COVID cases in China, and rising geopolitical tensions […]
Blogs
Cash Cushions Plummet at U.S. Pension Funds
Key Highlights: Capital calls on private-equity investments helped push liquid holdings to a three-year low in November at the $307 billion California State Teachers’ Retirement […]
As Moscow admits to deficit impact, new sanctions are starting to bite Russia’s economy
The current round of Western sanctions against Russia is beginning to pinch the country’s economy over its invasion of Ukraine. Russian Finance Minister Anton Silauanov […]
How the Bank of America achieved a sensational recovery from the brink of collapse?
The 2008 financial crisis had a devastating effect on the Bank of America. The bank shares were trading for as low as $2.53 in 2009. […]
Business leaders on global forums help increase the financial literacy of commoners
Global business leaders like CEOs of Walmart and Delta Airlines have come together In a recent global business forum hosted by Operation Hope to educate […]
China And Covid-19 impacted stocks and U.S Dollar
China and Covid-19 came into the limelight again. This time, they have come up with a new drama where China has denied providing the privilege […]
Why Does SPAC Boom End in Frenzy of Liquidation?
What It Covers? Data shows that SPAC creators have lost more than $600 million on liquidations this month and more than $1.1 billion this year. […]
Jim Cramer Advises Investors To Be Cautious While Investing In Mega-Cap Tech Stocks
American television personality, Jim Cramer found perturbed about tech stocks that are going back to their old levels. Persistent inflation has weakened the knees of […]
Why everyone thinks a recession is coming in 2023
Economists have been predicting it for months and see it starting early next year. The severity and whether it is short or long is up […]
Wall Street tumbles on rate, recession worries, defoliated chipmaker prospects
Overview What it covers is… Primarily the NASDAQ index in the Wall Street market tumbled nearly 3% on Thursday after a new set of data […]