(Bloomberg) -- The Federal Reserve’s fight against inflation has veteran fund manager Mark Mobius warning that interest rates will soar to 9%.Most Read from Bloomberg“If inflation is 8%, the playbook...
Read moreThe European Union’s executive arm plans to propose a mechanism to curb price volatility on the bloc’s biggest gas marketplace and prevent extreme price spikes in derivatives trading to rein...
Read moreThis post was originally published on TKer.co Stocks ended another volatile week lower with the S&P 500 declining 1.6%. The index set a closing low of 3,577.03 on Wednesday and...
Read moreBut for the first time in the pandemic’s history, the variants that make up the mounting wave look drastically different, depending on where you are in the world. In England,...
Read moreWASHINGTON—The Federal Reserve on Friday approved U.S. Bancorp acquisition of MUFG Union Bank’s core retail-banking business, one of a series of large regional bank mergers pending before federal regulators.In conjunction...
Read moreIman Abuzeid is one of few Black women to ever lead her company to unicorn status — the elite tier of private companies valued at $1 billion or more. But...
Read moreDow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. All eyes turn to the September CPI inflation report on tap for a Thursday morning release....
Read moreAs the congressional session comes to an end without the passing of cryptocurrency legislation, calls for regulatory clarity have intensified. The spotlight has focused on the Securities and Exchange Commission...
Read moreDow Jones futures were higher ahead of Tuesday's open after the Nasdaq hit a new bear market low Monday. Meanwhile, third-quarter earnings season will kick off this week, with results...
Read moreIt was a quiet weekend—unless you were PayPal. The payments and crypto giant, which also owns Venmo, got lit up on Twitter over a Friday news report that the company...
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