Markets
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What Is Hyperinflation? Everything You Need To Know
Getty Images Key takeaways Inflation grew another 0.4% month-over-month in October, bringing annual inflation to 7.7% As interest rate hikes…
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Rationing may be used to tame inflation predicts City expert
T he UK has not seen inflation like it since the 1980s, and it has been the main economic and…
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Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and…
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Robinhood to offer retirement accounts to users who love long-shot bets on risky assets
Robinhood said on 6 December it will start offering retirement accounts, in a plan to convince the next generation of…
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U.S.-listed Chinese stocks rally as investors turn bullish on reopening shift
Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of Chinese companies listed in the U.S. jumped Monday…
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Top Wall Street analysts bet on these stocks to brace for a sharp downturn
VMware at the NYSE, Dec. 14, 2021. Source: NYSE Investors’ attention has returned to the Federal Reserve after a hot…
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Here’s where the jobs are for November 2022 — in one chart
The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector. Leisure and hospitality…
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Payrolls and wages blow past expectations, flying in the face of Fed rate hikes
An employee works at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters Job…
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Key inflation measure that the Fed follows rose 0.2% in October, less than expected
A man climbs into the fridge for milk at a Walmart store in Rosemead, California on November 22, 2022. Frederic…
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Fed hikes and a stronger dollar are fueling risks of political instability in Africa
ACCRA, GHANA – NOVEMBER 05: Ghanaians march during the ‘Ku Me Preko’ demonstration on November 5, 2022, in Accra, Ghana.…
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BlockFi Bankruptcy Follows FTX Implosion
SOPA Images/LightRocket via Getty Images Key takeaways On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the…
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Bank of America: Recession Will Ravish Markets in Early 2023
Bank of America economists expect the US to slip into a recession in the first quarter of 2023. That will…
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Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam,…
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Message To Fed: Greenspan Gradualism Please, Enough With Shock-And-Awe, Expert Says
WASHINGTON, DC – JANUARY 29: Federal Reserve Board Chairman Jerome Powell speaks during a news … [+] conference after a…
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Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9,…
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Transitory inflation talk is back. But economists say higher prices are here to stay
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew…
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How Atlanta’s growing economy burned low-income renters and homebuyers
Metro Atlanta is on a hot streak. More than 6 million people now live in the region, according to recent…
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Trading Places: RBC’s new Germany sponsor head, Morgan Stanley’s Franck Petitgas steps down, Allen & Overy bolsters team
This week marked Financial News’ celebration of 100 women who made the cut to be on a ranking of Europe’s most…
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U.S. Unleashes Chevron. Oil Major To The Rescue In The Energy Crisis
CARACAS, VENEZUELA – MARCH 23: Men wearing a protective masks walk in Petare slum on March 23, 2020 … [+]…
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Top Wall Street analysts say buy these stocks during a market downturn
Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las…
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Warren Buffett explains his $750 million charitable donation on Thanksgiving eve
Warren Buffett Gerard Miller | CNBC Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with…
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Veteran dealmaker Malik Karim on the new culture of banking, and how UK markets can rebuild their clout
On 17 November, Financial News sat down with Fenchurch Advisory Partners founder and former Conservative Party treasurer Malik Karim to…
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Morgan Stanley names new leaders for European financial sponsors unit in dealmaker shake-up
Morgan Stanley has installed new heads of its financial sponsors business in Europe, the latest changes at the US bank,…
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Credit Suisse warns of $1.6bn hit in fourth quarter as concerned clients pull investments
Credit Suisse warned it would lose around $1.6bn in the fourth quarter after customers pulled their investments and deposits over…
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ESG firm raises eyebrows for ranking collapsed crypto giant FTX higher on governance than Exxon Mobil
AI-driven ESG ratings firm Truvalue Labs has defended its methodology after awarding collapsed crypto giant FTX a higher score for…
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Coinshares, Metaco bosses brace for 18 months of crypto ‘suffering’
Hopes that the crypto winter will soon thaw are looking increasingly remote, chief executives tell Financial News, as many prepare for…
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Starbucks Union Efforts Get Frothy With Strike
Getty Images Key takeaways Workers at over 100 Starbucks locations went on strike Thursday in the next stage of the…
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Fidelity snaps up cut price crypto talent amid industry downturn
Fidelity’s European crypto chief Chris Tyrer says the firm is cashing in on this year’s downturn in the digital assets sector by…
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Liz Truss administration on the brink as Conservative Party turmoil deepens
Britain’s political turmoil deepened on 19 October as Prime Minister Liz Truss, having been forced to ditch her flagship economic policies, fought…
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Top Wall Street analysts like these stocks amid the macro uncertainty
VMware at the NYSE, Dec. 14, 2021. Source: NYSE The market is set to begin what should be a quiet…
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Does Bitcoin Have Further To Fall? Watch This Pattern
Several weeks ago, I wrote about a chart pattern forming in Bitcoin BTC and other cryptocurrencies that indicated that a…
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How one of London’s newest hedge funds might win big on rising rates
A new London-based hedge fund has its eyes on rising rates as its “biggest opportunity” after launching last week. Andromeda…
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Bob Pisani: Heeding the investment wisdom of Jack Bogle starts with keeping it simple
Bob Pisani’s book “Shut Up & Keep Talking” CNBC (Below is an excerpt from Bob Pisani’s new book “Shut Up &…
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Black Friday surprise: Jeff Bezos tells people NOT to buy cars, refrigerators and other big-ticket items. Critics call him out.
Billionaire Jeff Bezos, who founded the e-retail behemoth Amazon, has some spending tips as Americans gear up for a holiday…
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U.K. inflation hit fresh four-decade high of 11.1% in October
U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills.…
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Wholesale prices rose 0.2% in October, less than expected, as inflation eases
Wholesale prices increased less than expected in October, adding to hopes that inflation is on the wane, the Bureau of…
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Russian oil imports holding up, IEA says as it increases oil-demand view
More than 1 million barrels a day of Russian oil exports are set to be upended by Western sanctions expected…
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Regulators eye curbs on big bank dominance in Treasury market
Regulators are looking to broaden trading in the immense $24tn market for US Treasury securities, a potential power shift away from the…
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EuroCCP rebrands to Cboe Clear Europe
EuroCCP has rebranded to Cboe Clear Europe following its acquisition by Cboe in 2020. “Cboe’s acquisition has already enabled a…
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Top Wall Street analysts bet on these stocks to beat market volatility
Apple CEO Tim Cook visits the Apple Fifth Avenue store for the release of the Apple iPhone 14, New York…
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Recession Watch: Biggest Stock Market Rally In Years Looks ‘Overdone’ Since Fed Has Yet To Beat Inflation
Topline Investors plowed into the stock market this week after a monthly inflation report ended a streak of worse-than-expected data…
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Cathie Wood’s Innovation ETF surges 13%, on track for its best day ever
Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global…
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Cryptocurrencies pressured as investors digest FTX fallout; Solana loses another 25%
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael…
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Top Wall Street analysts pick these stocks to bet on during the market’s uncertainty
Lisa Su, CEO, AMD Scott Mlyn | CNBC It was a wild week for stocks, and investors still have plenty…
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Remain Short The Bond Markets
(AP Photo/Seth Wenig) Copyright 2022 The Associated Press. All rights reserved. Fixed income markets have been in retreat as interest…
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Forget about making money. Here’s what it takes to write a book
Bob Pisani, CNBC Scott Mlyn | CNBC Thinking of writing a book? You might want to reconsider. On Monday, a…
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Fidelity to open commission-free crypto trading to retail investors
A sign marks a Fidelity Investments office in Boston, Massachusetts, April 28, 2022. Brian Snyder | Reuters Fidelity Investments is…
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Opinion: Ron Baron explains his investing philosophy with goal of doubling his money every 5 to 6 years
Ron Baron, founder of Baron Capital Anjali Sundaram | CNBC I began my career as a securities analyst in 1970.…
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U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong
Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still…
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Here’s where the jobs are for October 2022 — in one chart
Jobs growth came in better than expected in October thanks in part to strong gains in the manufacturing, health-care, and…
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