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Stocks close flat in wild session Friday that saw the S&P 500 briefly fall into a bear market

May 20, 2022 by admin

Stocks were under pressure for most of Friday’s session as investors worried the economy could fall into a recession.

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S&P 500 falls again on Thursday, inching closer to bear market territory

May 20, 2022 by admin

The broad market index was under pressure after experiencing its worst one-day drop since 2020.

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Dow drops 1,100 points for its biggest decline since 2020 as the sell-off this year on Wall Street intensifies

May 18, 2022 by admin

Major retailer Target warned of rising cost pressures in its business right after Walmart, triggering the sell-off.

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Powell says the Fed will not hesitate to keep raising rates until inflation comes down

May 17, 2022 by admin

Fed Chair Jerome Powell said he will back interest rate increases until prices start falling back toward a healthy level.

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Some factories might leave China, but in the grand scheme of things it doesn’t matter much

May 17, 2022 by admin

Businesses have discussed moving factories out of China for years, especially since labor costs have climbed and U.S.-China trade tensions worsened.

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China has been quietly building a blockchain platform. Here’s what we know

May 16, 2022 by admin

Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology.

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Investors could get a reprieve from vicious stock sell-off in week ahead

May 13, 2022 by admin

Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March.

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Regulators are growing anxious about stablecoins after Terra’s stunning collapse

May 13, 2022 by admin

U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal regulation of stablecoins.

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More than $200 billion erased from entire crypto market in a day as sell-off intensifies

May 13, 2022 by admin

The price of bitcoin plunged below $26,000 Thursday, hitting its lowest level in 16 months.

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Apple is no longer the world’s most valuable company

May 12, 2022 by admin

Energy prices and stocks have been rising as investors sell off equities in several industries, including technology.

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