Investors are bucking tradition this year by piling into big bank stocks just as major economies are expected to either slow down or fall into recession. The Stoxx Europe 600 Banks index, a group of […]
The euro declined today against the dollar, after the publication of data on job creation in the United States that leave room for the Federal Reserve (Fed) to further interest rate hikes. At 6:00 pm […]
ZOPT delivered on Monday the 134,322,268 shares representing 26.07% of the share capital and voting rights of NOS to Sonaecom, according to the Sonae subsidiary. On September 28 it was announced that Sonaecom had ceased […]
Connecticut’s ban on “captive audience” meetings, which unions say are used to thwart organizing, is unconstitutional and a preemption of federal labor law, a coalition led by the U.S. Chamber of Commerce claimed in a […]
The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies. Governments around the world have sought to stabilize their currencies and defend their economies […]
Past may not be prologue for financial markets as the global economy continues to reel from the pandemic. But a traditional recession signal is still catching Wall Street’s attention.
Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of the Omicron variant of the coronavirus. Goldman economist Joseph Briggs said in […]