IBT Staff Reporter

5821-5850 (out of 154944)

Wall Street Slammed As Recession Worries Mount

U.S. stock indexes tumbled on Thursday, with growth shares bearing the brunt of the selloff, after the Federal Reserve's largest rate increase since 1994 to combat decades-high inflation fanned worries of a recession.

Wall Street Set To Slide On Rising Recession Fears

U.S. stock indexes were on track for sharp declines on Thursday, with growth shares taking the biggest hit, after the Federal Reserve's biggest rate increase since 1994 to tame rising prices fanned worries of a recession.

Futures Slide On Rising Recession Fears

U.S. stock index futures fell sharply on Thursday, with growth shares taking the biggest hit, after the Federal Reserve's biggest rate increase since 1994 to tame rising prices fanned worries of a recession.

Ferrari Says Going Electric Means 'Even More Unique' Cars

Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce "even more unique" cars as it leans on partners to make the costly shift to zero-emission driving.

Ferrari Promises 'Even More Unique' Electric Cars

Luxury sportscar maker Ferrari will always produce one car less than wealthy customers want to preserve its uniqueness as it shifts to electric models, Chief Executive Benedetto Vigna said on Thursday as he unveiled the company's new business plan.

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