Pimco Plows $2 Billion Into Assets Depressed by Recession Fears

(Bloomberg) — Pacific Investment Management Co. is using its deep pockets to snap up bargains among assets that have been hurt by the cost of living crisis, surging inflation and rising interest...

Cathie Wood warns the Fed are ignoring dangerous signals as it plows ahead with draconian rate hikes

The U.S. Federal Reserve risks weak economic growth throughout this year due to its backward-looking, “draconian” rate hikes, warned Wall Street’s best-known tech sector bull. ARK Invest founder Cathi...

At Least One Dead, Several Injured After Car Plows Into Crowd In Berlin

Topline At least one person was killed and dozens were injured after a vehicle drove into a crowd of people in Berlin, Germany, on Wednesday morning, police said. Police block the site where a car cra...