Wall Street’s Slump Continues As Recession Fears Mount
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks were poised for their third straight session of declines and second…
December 16, 2022
Retail investors turn to ETFs as recession fears knock down meme stocks
By Medha Singh (Reuters) – Retail investors are doubling down on Exchange Traded Funds (ETFs) as rising interest rates and…
Fed’s Daly: No Fed Policymakers See Rate Cuts Next Year
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said there’s a “long way to go” before…
World Stocks Sink To More Than 1-month Low On Hawkish Central Bank Tone
By Chris Prentice, Dhara Ranasinghe and Naomi Rovnick NEW YORK/LONDON (Reuters) – World stocks were stuck near one-month lows and…
Dutch plan highest borrowing in a decade for 2023
By Yoruk Bahceli AMSTERDAM (Reuters) – The Netherlands expects to borrow 101.5 billion euros ($107.8) on the debt markets next…
U.S. Dollar Modestly Up As Traders Rebalance Positions After Sharp Gains
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) – The dollar was modestly higher on Friday in choppy trading…
Commodity Stocks Drag TSX Lower As Recession Fears Mount
(Reuters) – Canada’s main stock index opened lower on Friday, dragged down by commodity-linked shares, as hawkish commentary from major…
Spain To Test Cut In Work Hours To Boost Companies’ Productivity
MADRID (Reuters) – Spain has launched a pilot project to help small and medium sized industrial companies cut the working…
U.S. equity funds gain first weekly inflow in four weeks
(Reuters) – U.S. equity funds saw net purchases in the week ended Dec. 14, as slowing inflation rates raised expectations…
Goldman Sachs To Lay Off Up To 4,000 People -Semafor
(Reuters) -Goldman Sachs Group Inc will lay off up to 4,000 people as the Wall Street bank struggles to meet…