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Wall Street
Stock markets plunge again as flurry of interest rate hikes fuels recession fears
The global rout in stock markets, cryptocurrencies and other risky assets has gathered pace amid growing concern that out-of-control inflation, rising interest rates and slowing growth could combine to tip the world into recession.Share…
Warner Bros. Discovery Stock Falls to New Low Amid Market Turmoil, Analyst Downgrade
Warner Bros. Discovery’s brutal year in the stock market hit a new bottom, as shares of the media conglomerate sank 8.1% Thursday — taking a bigger punch than peers.
With the stock drop Thursday, to close at $13.65/share, WBD’s…
Stocks Slump as Fed Rally Fades
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Federal Reserve Chairman Jerome Powell.
JIM…
WSJ News Exclusive | Elon Musk Expected to Reiterate Desire to Own Twitter in Meeting
Elon Musk
is expected to confirm his desire to own
Twitter Inc.
TWTR 2.07%
when he speaks to the social-media company’s employees…
‘The stock market is not going to zero’: How this individual investor with 70 years of
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway
BRK.A,
+0.02%
BRK.B,
-0.36%
comes to mind, of course, but what about Warren Kaplan?…
China retail sales slide as lockdowns hit world’s biggest consumer market
China’s retail sales declined for a third consecutive month in May as lockdowns and mass testing campaigns under President Xi Jinping’s zero-Covid strategy curtailed growth in the world’s biggest consumer market.Retail sales, an…
S&P 500 dips with Fed policy announcement on tap
FedEx jumps after lifting quarterly dividend by more than 50%Oracle rises as sales, profit top estimates on cloud boomContinental Resources jumps on buyout proposal from founderDow down 0.5%, S&P 500 down 0.38%, Nasdaq up 0.18%NEW…
Stock Market News Live: Wall Street on Track to Edge Higher, Bitcoin Price Slides
While many banks think the Federal Reserve will hold off from a truly supersize rate rise on Wednesday, fearful of what such an unexpected action could do to markets and the broader economy, some believe the central bank may need to…
Brutal Day on Wall Street as Gas, Rent Prices Continue to Rise, Especially in Miami
It seems like the cost of just about everything is going up, between gas prices and rent — especially in Miami.
Now, as stocks tumble, there’s growing fear our economy could be headed for a recession.
At Monday’s…
‘Never say never’: Wall Street contemplates a shock decision from the Fed
A hotter-than-expected read on inflation is testing the Federal Reserve’s resolve on the pace of its planned interest rate increases.In the face of inflation rising at a pace unseen since the 1980s, Powell and his colleagues last month…