Banking stocks cratered as investors fretted about growth and priced in far more central bank rate cuts, with benchmark 10-year U.S. Treasury yields sliding to their lowest since October, after Trump ...
Lower-income workers and families undoubtedly suffer first and most, so consumer finance company stocks have been among the biggest fallers. Shares in Synchrony Financial were down more than 15% over ...
The report branded the tariffs as a “functional tax increase” on US household and business purchases of imported goods.
European stocks plunged sharply and several market tumbled to fresh multi-month lows on Friday as U.S. President Donald Trump's sweeping tariff moves, and the ...
US stock markets have opened dramatically down on the back of Donald Trump’s tariffs as the President vowed his policies ...
Banks are weathering the storm of a dual-pronged attack linked to their significant U.S. exposure and diminished prospects ...
The pan-European Stoxx 600 banking sub-index dropped around 10% in midday European trading, piling onto Thursday's 5.5% losses on fears of an eventual toll on the sector from the economic impact of ...
Oil prices also dropped on worries about growth and demand , with Brent crude futures down 2.9% to $68.10 a barrel.
Global stocks tumbled for a second day on Friday after U.S. President Donald Trump's sweeping tariff plans wiped $2.4 ...
China to impose 34% tariff on all US goods Global stocks tumbled for a second day on Friday after US president Donald Trump's sweeping tariff plans wiped $2.4tn (€2.1tn) off Wall Street equities, with ...
The pan-European Stoxx 600 banking sub-index fell around 6% in early European trading to levels last seen in early February, piling onto Thursday's 5.5% drop on fears of an eventual toll on the sector ...
There’s good news and bad news for Australian households as Trump’s trade agenda pushes the sharemarket into correction ...