LONDON — European stocks are expected to open higher on Tuesday, continuing a recovery seen at the start of the week. The UK’s FTSE index is seen opening 17 points higher at 7,132, Germany’s DAX 46 points higher at 13,298, France’s CAC 40 up 23 points at 5,928, and Italy’s FTSE MIB 75 points higher …
European markets open to close, stocks, data, global markets Read More »
For investors who are a week of this year’s volatility in stocks and bonds, a stable corner of finance is starting to look enticing. The Federal Reserve just hiked interest rates by 0.75 percentage point , and Fed Chair Jerome Powell has suggested a similar increase could be ahead in July. Recession fears have also …
Higher interest rates are here, and that makes these vanilla investments compelling Read More »
Companies are showing concerns of a recession, and in the crypto space, many are preparing for a crypto winter. Coinbase is laying off 18% of its workforce, or roughly 1,100 people, according to an email sent to employees Tuesday morning. CEO Brian Armstrong said the company grew “too quickly” during a bull market and expressed …
Businesses are preparing for a crypto winter—here’s what that means Read More »
US Treasury yields pulled back Friday as a volatile week, which saw central banks around the world signaled a more aggressive effort to curtail soaring inflation, drew to a close. At around 5:27 am ET, the yield on the benchmark 10-year Treasury note was 9 basis points lower at 3.214%, while the yield on the …
