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Wall Street
JP Morgan | Oksana Aronov: JPMorgan’s Aronov ignores the ‘cash is trash’ chorus
It’s a common motto among investors: Cash is trash. But Oksana Aronov, head of market strategy, alternative fixed income at JPMorgan Asset Management, says not so fast.
“I’ve been hearing about investors losing money sitting in cash, and…
All the recession warning signs this week | CNN Business
New York
CNN
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It’s the question everyone is asking: Are we about to enter a recession?
A tepid stock market, soaring inflation, and rising…
What is total value locked (TVL) in crypto and why does it matter?
In 2022, Ethereum appeared as the largest network by DeFi TVL, accounting for over half of the total DeFi volume worldwide. To give some perspective, the Ethereum DeFi network includes just under 500 protocols. It has a TVL of…
UAE to shift to Saturday-Sunday weekend in line with global markets
DUBAI, Dec 7 (Reuters) - The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend from the start of next year to better align its economy with global markets, but private companies will…
‘Never say never’: Wall Street contemplates a shock decision from the Fed
A hotter-than-expected read on inflation is testing the Federal Reserve’s resolve on the pace of its planned interest rate increases.In the face of inflation rising at a pace unseen since the 1980s, Powell and his colleagues last month…
Why Roblox Stock Was Higher During a Down Day for the Markets | The Motley Fool
What happened
Shares of Roblox (RBLX 13.00%) were up 9.7% as of 12:06 p.m. ET on Tuesday. It's notable that other video game stocks were also trading higher. Electronic Arts and Take-Two Interactive were slightly up,…
Russia-Ukraine war live updates: Death toll in apartment attack expected to rise;
In the days since Moscow announced an operational pause in eastern Ukraine, Russian forces have nonetheless carried out missile strikes across the front lines, killing dozens as they seek to regroup and avoid ceding captured…
Stock futures sink after rally; oil prices tumble
Placeholder while article actions loadU.S. stock futures declined Wednesday after a relief rally as investors continue to grapple with uncertainty and recession fears. Oil prices also fell sharply.The Dow Jones industrial average fell…
Latest news updates: Travel stocks lead gains in Australia as fears ease over Omicron
Hong Kong researchers develop a Covid-killing stainless steelGeorge Russell in Hong KongResearchers at the University of Hong Kong said on Tuesday they have developed a stainless steel that kills the Sars-Cov-2 virus that causes…
Nasdaq near a 10% correction isn’t the sell signal you probably think it is
There’s nothing magical about a stock index hitting the 10% decline that constitutes what Wall Street considers to be a correction. So we need to stop treating this 10% mark as meaningful. It isn’t. The odds that…