Markets

In Tom Wolfe’s famous essay about the 1970s, “The Me Decade,” he wrote about how Americans had abandoned communal thinking in favor of personal wealth. “They took their money and ran,” he wrote. In fact, there wasn’t much money to take. Today, with the stock market in meltdown mode, it’s …

It’s been an ugly year for Wall Street. Since hitting an all-time closing high during the first week of January, the widely followed S&P 500 has tumbled as much as 24%. In fact, it produced its worst first-half return in more than a half-century. But it’s been even more of …

Truss has now put the country on an economic road completely at odds with most, if not all, major global economies. Hannah Mckay | Reuters U.K. bond markets went into a tailspin Friday as investors shunned the country’s assets. Yields (which move inversely to prices) on the 5-year gilt rose …

NEW YORK, Sept. 23, 2022 /PRNewswire/ — The railcar leasing market in Europe is expected to observe an incremental growth of USD 254.04 million between 2020 and 2025, accelerating at a CAGR of 4.21% during the forecast period. The report identifies the market structure to be concentrated and highly consolidated …

NEW YORK, Sept. 23, 2022 /PRNewswire/ — The global telehandler market is fragmented in nature. The market is highly competitive and is dominated by vendors such as  JC Bamford Excavators, Manitou, and Oshkosh. Most of the prominent vendors in the market have their headquarters in Europe. Established vendors are focused …

Text size Japan has had to intervene to support the sliding yen for the first time since 1998, even as it tries to keep its interest rates low. Akio Kon/Bloomberg The world has been hooked on cheap money for years. Now we’re witnessing what withdrawal looks like. Lifting interest rates …

AUSTRALIAN DOLLAR FORECAST: BEARISH The Australian Dollar sunk in the aftermath of the Fed’s rate rise The RBA has signaled a less hawkish approach to monetary policy The Fed’s jumbo hike has given USD some backbone. Will AUD/USD go lower? Recommended by Daniel McCarthy Introduction to Forex News Trading The …

Bearish sentiment has overtaken Wall Street, and just about the only good news that came from Friday’s trading session was that the Dow Jones Industrial Average (^DJI -1.62%), S&P 500 (^GSPC -1.72%), and Nasdaq Composite (^IXIC -1.80%) bounced off their worst levels of the day to finish above their worst …

The Los Angeles Chargers are holding out hope that Justin Herbert will be able to play on Sunday when they host the Jacksonville Jaguars. The team officially listed him as questionable despite being limited on Wednesday and Thursday, and not participating in practice at all on Friday. The quarterback suffered …

With only days to go before the end of the third quarter, what had looked like a turnaround quarter for the markets has taken a turn for the worse for investors. At one stage in August, the Morningstar US Market Index had bounced more than 18% from its mid-June lows, …