The Latest Breaking News on Capital Markets

WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a 10th — and possibly final — time on Wednesday, as it aims to bring down inflation while preventing fresh banking concerns from spreading.

New York (AFP) - Wall Street stocks shook off recent weakness and powered higher on Thursday following strong results from Facebook parent Meta Platforms and mixed US economic data.

Amid the current uncertain macroeconomic environment and lingering recessionary fear, investing in quality stocks such as Sanofi (SNY), USANA Health Sciences (USNA), and FONAR Corp. (FONR) could help survive a market downturn. Read more….

Hong Kong (AFP) - Asian markets overcame a shaky start to enjoy modest gains on Thursday, bucking a session on Wall Street that saw major indices sink despite a surge in tech.

Hong Kong (AFP) - Asian stocks were off to a shaky start on Wednesday following plunges on Wall Street fuelled by concerns for the banking sector and broader fears of recession.

New York (AFP) - Wall Street stocks finished sharply lower Tuesday after dismal First Republic results revived worries about banks, adding to recession fears following lackluster US consumer data.

From supply chain issues to changing consumer behavior, retail stocks are feeling the impact of the current economic climate. Retail companies SIGNA Sports United (SSU), Conn's, Inc. (CONN), and Digital Brands Group (DBGI)) are experiencing a decline in April that could signal a rough road ahead of them. Read more….

George Culmer says ‘unacceptable behaviour will not be tolerated’ after last year’s comments about CEO Amanda Blanc

The growing concerns about a potential recession, ongoing debt ceiling standoff, and predictions of prolonged high-interest rates might weigh on the US economy and stock market. Hence, it might be best to avoid fundamentally weak stocks CRISPR Therapeutics (CRSP), First Majestic Silver (AG), and McEwen Mining (MUX). Keep reading.

New York (AFP) - Wall Street stocks retreated Friday following a positive session on European bourses, as disappointing US retail sales data offset a lift from better-than-expected bank earnings.

Hong Kong (AFP) - Asian markets mostly fell Thursday after minutes from the Federal Reserve's most recent policy meeting showed officials foresaw a US recession at the end of the year, while inflation data could not temper expectations of another interest rate hike.