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Stock market today: Indexes edge lower after hitting records on cooling inflation
Outgoing Fed President Loretta Mester told CNBC on Friday that recent disinflation data supports th…
Matthew Fox
European shares hover around nine-month highs, while gold gets a boost from a weaker dollar and cryptocurrencies slide
"There is an argument that the current bullish outlook means any short-term economic weakness is be…
Amanda Cooper
Wirecard, the fintech behind a $2 billion accounting scandal, leaves the DAX by August 21 after a new rule kicks in
German stock operator Deutsche Boerse said Wednesday that insolvent firms have 2 days' notice to le…
Saloni Sardana
Global stocks stabilize ahead of Big Tech earnings and as China pledges to support its COVID-hit economy
Softer guidance from mega-cap tech stocks could send stock markets back to square one, one analyst …
Shalini Nagarajan
Global stocks slip and oil dips after Fed Chair Powell signals bigger-than-usual rate hikes are on the cards
Powell said a 50-basis-point hike is on the table for May, and investors anticipating a series of h…
Shalini Nagarajan
Global stocks edge higher on hopes inflation may have peaked, while oil dips after surprise rise in US stockpiles
"The perpetually bullish FOMO gnomes of the stock market stayed laser-focused on peak-US inflation,…
Shalini Nagarajan
Wirecard has been kicked out of Germany's benchmark stock index, the latest embarrassment in its $2 billion scandal
Wirecard is leaving the DAX effective August 24 after the it was accused of a $2 billion accounting…
Saloni Sardana
US futures edge higher as inflation data isn't as bad as feared, while oil marches above $100
Since US inflation came in "only" at 8.5% and not worse than feared, stocks have found room to reco…
Shalini Nagarajan
Global stocks edge lower as investors monitor talks in Russia's monthlong war with Ukraine, while oil jumps 4%
US intelligence reports that Russian President Vladimir Putin is prepared to re-engage in nuclear t…
Shalini Nagarajan
Dow futures jump 450 points in global stock rally after the IEA says it could release more oil from inventories
The head of the IEA said it could release more oil from inventories to ease the gains in crude pric…
Shalini Nagarajan
Global stocks slip in cautious trade after Russia-Ukraine talks fail to halt hostilities, as oil rises on supply worries
A key focus is the threat of disruption to commodity exports from Russia, whether as a consequence …
Shalini Nagarajan
Global stocks tumble, while oil and gold jump as Western sanctions slam Russia's economy
"The trading environment is highly dynamic, and we maintain a defensive stance as things could get …
Shalini Nagarajan
US stock futures slide after Putin orders Russian troops into Ukraine, while oil and gold rise
Dow futures are recovering somewhat from an earlier slide of almost 500 points, as global stocks pu…
Shalini Nagarajan
Global stocks trade nervously ahead of mega-tech earnings, while Brent crude hovers near $90
Following last week's volatility, sentiment for the tech sector is slowly shifting to positive afte…
Shalini Nagarajan
Global shares edge up as investors shrug off a more hawkish Fed, while Europe's COVID-19 cases hit the euro
With COVID-19 cases exploding across Europe, the euro traded at its lowest in 17 months against the…
Amanda Cooper
Global shares edge up and the dollar sizzles after record-breaking US retail sales, while the pound rises after UK inflation shock
Americans hit the shops in October, driving retail sales to a new record despite inflation at 31-ye…
Amanda Cooper
Global shares slide ahead of key US inflation report as central banks step up hawkish talk
The CPI data will be the last one the Federal Reserve sees before its May meeting. It is expected t…
Hamza Fareed Malik
German tech firm SAP drops as much as 17% after cutting 2020 outlook due to slow recovery from coronavirus pandemic
German software and cloud firm SAP said it will expand its cloud business but a downgrade to its 20…
Amanda Cooper
How Wirecard went from analyst darling to a $2.2 billion accounting scandal — and cost SoftBank hundreds of millions in the process
Business Insider rounded up a timeline of events that led to the downfall of the once valuable fint…
Shalini Nagarajan
Wirecard's shares tumble 65% after the payments processor says it is unable to trace $2 billion worth of cash
Wirecard said that "spurious cash balances" may have been provided by a third-party to its auditor …