[ad_1] NEW YORK (Reuters) – When the U.S. Federal Reserve cut interest rates last month for the first time in more than a decade, it signaled that further reductions in borrowing costs might not be
Dow posts biggest one-day drop since October as recession fears take hold
[ad_1] NEW YORK (Reuters) – Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years. All three
Buffett’s Berkshire increases bet on Amazon.com
[ad_1] FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, plays bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking (Reuters) – Warren Buffett’s Berkshire Hathaway
Stocks, oil plunge on growing signs of global slowdown
[ad_1] NEW YORK (Reuters) – Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator pointed to the growing risk of a U.S. recession that was heightened by data
U.S. stocks stumble on fears of looming recession
[ad_1] NEW YORK (Reuters) – Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon. All three major U.S. indexes
Wall Street tumbles on growing recession fears
[ad_1] (Reuters) – Wall Street main indexes slumped more than 2.5% on Wednesday, as a closely watched U.S. bond market indicator pointed to a renewed risk of recession following poor economic data from Germany and
Gold rises as global recession fears lift safe-haven appeal
[ad_1] (Reuters) – Gold rose over 1% on Wednesday as an inversion in the closely-watched U.S. Treasury yield curve and weak data from the euro zone stoked fears of global economic recession and drove investors
Oil slumps more than 4% on weak global economic data, U.S. crude build
[ad_1] NEW YORK (Reuters) – Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak economic data from China and Europe and an unexpected build in U.S. crude inventories.
Recession indicator, trade pessimism sink dollar versus yen
[ad_1] NEW YORK (Reuters) – The Japanese yen jumped to a session high against the dollar on Wednesday after the U.S. Treasury bond yield curve inverted for the first time since 2007 and investors, gripped
Wall Street opens lower as recession signals grow
[ad_1] A trader works on the floor at the New York Stock Exchange, August 5, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks fell at open on Wednesday, as a closely-watched bond market indicator pointed to