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2 trades to make now amid 6 economic pitfalls ahead, according to a Bank of America chief strategist
Higher unemployment, the yen carry trade, the unwinding of AI trade are a few of the biggest concer…
Laila Maidan
An 'ultimate backbreaker' sparked a record plunge in Airbnb stock after earnings
Airbnb said it is seeing slowing demand in the US, joining the ranks of other large companies that …
Kelly Cloonan
Indian traders demand resumption of border trade with China through Lipulekh pass
Indian traders involved in border trade with China through the Lipulekh pass in Pithoragarh distric…
PTI
A stock market glitch briefly showed Berkshire Hathaway stock down 99% after NYSE technical issue
The glitch resulted in Class A shares of Berkshire Hathaway displaying a loss of $627,000 in value …
Matthew Fox
China stocks have wiped out all of their gains since reopening from pandemic lockdowns
Over the past week alone, foreign investors dumped a net 24 billion yuan, or $3.3 billion, of onsho…
Jennifer Sor
US stocks trade mixed to begin final trading week of 2022 as China further reopens economy
China announced it would reopen its borders next month as part of broader plans to loosen COVID res…
Phil Rosen
Signature Bank stock plunged to a few pennies and then soared 288% after trading in the failed bank's stock reopened
Trading in the stock reopened at $0.41, and it later crashed to as low as $0.09, representing a 99.…
Matthew Fox
US stocks trade mixed but notch weekly gains as interest rates fall ahead of Q3 earnings season
JPMorgan, Wells Fargo, Citigroup, and BlackRock kicked off third-quarter earnings season with profi…
Matthew Fox
Silicon Valley Bank stock just reopened for trading and it's seeing some wild swings after plunging to as low as a penny
Shares of Silicon Valley Bank soared more than 12,000% on Wednesday from a low of a single penny on…
Matthew Fox
US stocks trade mixed as Santa Claus rally remains elusive despite China's further reopening
Tesla stock fell as the EV maker extended the slowdown of its Shanghai factory through January
Jason Ma
An oil-trading hedge fund just got slammed with a 51% loss amid this year's slump in energy prices
Pierre Andurand gave a bullish outlook for oil prices earlier this year, arguing that the energy co…
Matthew Fox
US stocks trade mixed as markets await debt ceiling talks between Biden and lawmakers
President Biden will resume debt ceiling talks with House Speaker Kevin McCarthy and other congress…
Jennifer Sor
Sensex, Nifty50 edge lower in morning trade as PSU bank and IT stocks fall
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Wednesday amid jitter…
Elite investor David Einhorn warns of bubble-level hype around the hottest stocks - and teases a mystery bet
Greenlight Capital's David Einhorn said the buzz around the most speculative stocks hit dangerous h…
Theron Mohamed
US exchanges halt trading in plummeting Russian stocks as Moscow has no plans to reopen markets yet
A 31% drop in the VanEck Vectors Russia ETF on Monday gave investors an idea of the damage the Russ…
Matthew Fox
North Korea finally reopens after Covid, but with week-long quarantine
The North's national emergency epidemic prevention headquarters has announced that North Korean "ci…
ANI
Russians dump the ruble as Moscow's exchange reopens for trade after pause amid Ukraine war
The latest drop means the ruble has fallen nearly 40% so far this year, to historic lows, and is wo…
Natasha Dailey
The Russian stock market closed one month ago. It plans to partially reopen this week with a ban on short-selling and a separation between foreign and local investors
Stocks that are allowed to resume trading could see divergent prices for locals and foreigners, as …
Matthew Fox
US stocks edge higher as investors weigh China's COVID surge and reopening of its borders
Investors are weighing the reopening of China's borders against persistently rising Covid-19 infect…
Brian Evans
The Baltimore bridge disaster is just the latest knock to global shipping and trade
The Dali, a cargo ship, collided with the Francis Scott Key Bridge in Baltimore on Tuesday, shuttin…