Topline The stock market rose slightly on Thursday even as recession fears continued and investors assessed comments from Federal Reserve Chair Jerome Powell, who pledged that the central bank is “str...
Tag: economic slowdown
IMF Warns Of ‘Gloomy Outlook’ For Global Economy, Slashing Growth Estimates
Topline The International Monetary Fund warned on Tuesday of a slowdown in global economic growth as the world economy continues to take a hit from “increasingly gloomy developments in 2022,” includin...
Dow Falls Nearly 300 Points, Treasury Yields Surge As Experts Warn Of A Hard Economic Landing
Topline Stocks fell and rates on government bonds surged on Wednesday as investor concerns about a slowdown in economic growth continued to weigh on markets, while oil jumped to a 13-week high on the ...
Dow Plunges 800 Points Ahead Of Big Tech Earnings
Topline The stock market tanked on Tuesday, adding to already significant losses so far this month amid ongoing concerns about an economic slowdown, while investors dumped shares of Big Tech stocks ah...