business

Dow tumbles 400 points and breaks below 30,000 as recession fears mount

New York CNN Business — US stocks fell sharply Friday morning, as investors continued to worry about even more rate hikes from the Federal Reserve that could land the US economy in a recession. The Dow (INDU) tumbled 413 points, or 1.4%, in morning trading. The S&P 500 (SPX) fell 1.8% and the Nasdaq (COMP) …

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Yesterday’s Fed rate hike will be looked back on as a mistake, says Stifel’s Barry Bannister – CNBC Television

Yesterday’s Fed rate hike will be looked back on as a mistake, says Stifel’s Barry BannisterCNBC Television Central Bank Raises Interest Rates, Fearing Worse Pain LaterThe New York Times US Fed rate hike sends jitters; dollar gains strength against other currencies | Latest News | WIONWION The Fed’s interest rate hikes are going to hit …

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Modern Fed is ‘a fairly dovish bunch’ now: Economics professor – Yahoo Finance

Modern Fed is ‘a fairly dovish bunch’ now: Economics professorYahoo Finance The market is now caught up with the Fed, says former Fed Vice Chair Roger FergusonCNBC Television Fed Challenged by ‘Mounting Misery’: Pimco’s WildingBloomberg Markets and Finance The Fed is now doing what it needs to be doing, says former Fed Gov. Frederick MishkinCNBC …

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US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Hi MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike. Here’s how to prepare your wallet and your portfolio. This marks the Federal Reserve’s third 75-basis-point rate hike this year. Read More US existing-home sales fall for the seventh straight month in August …

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio Read More »

US economic barometer drops for sixth month in a row, potentially ‘signaling a recession

New York, NY CNN — A comprehensive gauge on the health of the US economy dropped in August for the sixth straight month, reinforcing concerns about a possible recession. The Conference Board said Thursday that its Leading Economic Index for the United States dipped last month. The index, which tracks a range of metrics capturing …

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