FINANCE

Wells Fargo lists State Street, PNC, U.S. Bancorp as ‘places to hide’

As the S&P 500 and other stock indexes crashed over the weekend, Wells Fargo published a report about where investors might be able to find

FINANCE

Schwab, Fidelity and other brokerages report ‘intermittent’ outages amid stock market meltdown

Charles Schwab Corp. and other retail brokerage users reported outages as a global stocks selloff surged when trading in the US market opened on Monday.

FINANCE

The stock market meltdown sent Wall Street’s ‘fear gauge’ to a 4-year high

Wall Street’s infamous ‘fear gauge’ surged on Monday, hitting its highest level since 2020 as stocks around the world tumbled.  The CBOE Volatility Index, or

FINANCE

Jamie Dimon says American dream is disappearing

A beacon of hope has long buoyed Uncle Sam’s workforce: The idea that, if a person works hard enough, they can achieve success no matter

FINANCE

British PM calls out Elon Musk over his claim ‘civil war is inevitable’ in the U.K.

UK Prime Minister Keir Starmer’s administration hit out at the suggestion by the billionaire Elon Musk that Britain is heading for civil war after a

FINANCE

Donald Trump admits EV flip-flop was a quid-pro-quo to secure Elon Musk’s support

Republican presidential nominee Donald Trump admitted to tempering his strident opposition to electric vehicles in order to gain the endorsement of billionaire Elon Musk, the

FINANCE

World’s billionaires see $134 billion swiped from their fortune overnight in share price bloodbath, led by Jeff Bezos

The world’s 500 richest people have seen $134 billion wiped from their fortunes overnight, thanks to a stock price bloodbath on Friday led by Amazon.

FINANCE

Hyperinflation in Turkey slows as 50% interest rates start to cool economic crisis

Turkey’s annual inflation rate slowed sharply in July to 61.78 percent, official data showed on Monday, as the country battles a cost-of-living crisis. It is

FINANCE

Asian markets: Japan erases year-to-date gains, Taiwan and Korea fall 8%

Monday was a day of records in Asian markets—the bad kind. The U.S. market rout that started last week extended its spread to Asia, with

FINANCE

Why has the world’s happiest country just plummeted in expat rankings?

Finland has been named the world’s happiest country for seven years in a row thanks to its robust social welfare system and policies such as