Stock indexes around the world fell sharply, oil prices sank about 6% and the dollar finished just off a 20-year high as investors fled risk and sought safe havens due to worries about inflation and slower global economic growth.
Asian markets got off to a shaky start on Monday as U.S.
Stocks fell heavily again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors' fears that the global economy is rapidly heading for a slowdown.
Stock indexes around the world fell sharply on Monday and the dollar reversed course after hitting a two-decade high while oil prices sank as concerns about slowing growth and a tightened lockdown in Shanghai pushed investors toward safer bets.
Asian shares slid and the dollar hit two-decade peaks on Monday as U.S.
Asian markets were in retreat on Monday as U.S. stock futures slid on rate worries, and a tightening lockdown in Shanghai stoked concerns about global economic growth and possible recession.
Stocks fell again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors' fears that the global economy is headed for a slowdown.
Federal Reserve Chair Jerome Powell this week laid out a hoped-for evolution of the U.S.
Two ex-Federal Reserve officials, now freed from having to set economic policy and be accountable for it, are warning the U.S.
"Our currency, your problem," were the words of a former U.S.
Individual investors were major buyers on Thursday as stocks sold off over concerns that the U.S.
Individual investors were major buyers on Thursday as stocks sold off over concerns that the U.S.
Poland's central bank is not nearing the end of its policy tightening cycle and will keep raising the cost of credit until it sees a lasting decrease in inflation, its governor said on Friday, after it hiked rates less than expected.
U.S. stock indexes fell for a second straight day on Friday, with elevated Treasury yields dragging down growth shares, after stronger-than-expected jobs data fueled investor worries of aggressive interest rate hikes to tame surging inflation.
Wall Street's main indexes extended losses on Friday as investors worried that the Federal Reserve will need to be more aggressive than expected in raising interest rates to combat inflation.
U.S. stock indexes fell on Friday as investors worried over soaring Treasury yields and the prospect of more Fed rate hikes.
People and businesses in Britain need to realise they are unlikely to recover the income lost to high inflation any time soon, the Bank of England's chief economist said on Friday in the latest warning from the central bank of tough times ahead.
Gianni Polidori served a final espresso in his freshly renovated cafe in the Italian port of Ancona at the end of March.
U.S. job growth increased more than expected in April as manufacturers boosted hiring, underscoring the economy's strong fundamentals despite a decline in output in the first quarter.
U.S. job growth increased more than expected in April amid strong hiring in manufacturing as well as the leisure and hospitality industry, underscoring the economy's strong fundamentals despite a drop in output in the first quarter.
Malaysia's palm oil inventories at the end of April likely rose for the first time in six months as production and imports climbed, a Reuters survey showed on Friday.
The U.S. dollar hit 20-year highs and world stocks fell towards their lowest in over a year on Friday as markets anticipated more U.S.
Asian shares tumbled to their lowest in seven weeks on Friday and the dollar stood tall as investors globally shunned riskier assets over fears that higher U.S.
Asian shares tumbled on Friday while the U.S. dollar and Treasury yields rose in a reversal of a day earlier after investors expressed concerns that rising interest rates could hurt global economic growth.
U.S. Treasury yields were mixed and global stock markets slid further on Friday as U.S.
U.S. stock futures were indicating a lower open on Friday following a slide in the previous session on U.S.
Long-dated U.S. Treasury yields surged and global stock markets slid further on Friday as investors worried the Federal Reserve may not be able to curb inflation in the years ahead even as U.S.
Long-dated U.S. Treasury yields surged and global stock markets slid further on Friday as investors worried the Federal Reserve may not be able to curb inflation in the years ahead despite U.S.
Export prices of rice from India rose this week on increasing demand from Asia and Africa, while dwindling supplies of the staple lifted Vietnamese rates.
The parallels between the Federal Reserve's interest rate hikes of 1994-95 and the cycle now underway are becoming clearer, and policymakers are hoping for a similar outcome: no recession.
