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OPEC Hasn’t Fixed the Oil-Price Slump. The Problem Is Demand. Source link

Tesla Increases Price of Model S, X in US After Shares Slump

(Bloomberg) -- Tesla Inc. increased prices of its Model S and X vehicles in the US after steep markdowns early this year took...

Stocks, US Futures Struggle Amid Mixed Earnings: Markets Wrap

(Bloomberg) -- European stocks and US futures struggled for direction amid mixed corporate earnings and as traders parsed the latest data for clues...

Bitcoin falls to near US$28,000, Ether flat, U.S. equities slide on rate hike worries

Bitcoin fell to near US$28,000 on Friday morning in Asia, with Ether trading flat and most other top 10 non-stablecoin cryptocurrencies losing steam....

The US economy is facing the ultimate ‘trilemma’ as the Fed desperately tries to get inflation down, Mohamed El-Erian says

Top economist Mohamed El-Erian said the US central bank is facing three major obstacles at once.Policymakers are navigating a "trilemma price stability,...

Markets are facing a black swan event with ‘nowhere to hide’ as the latest rally has fueled a bubble that could burst at any...

Markets are facing a black swan event, according to veteran strategist Jeff Bierman.Bierman pointed to a positive correlation between 5 assets, which is...

Wells Fargo Says These 2 Beaten-Down Stocks Remain ‘Top Picks’ — Here’s Why They Could Rebound

Do you wonder where the stock market is headed? Well, Wells Fargo’s senior global market strategist, Scott Wren, believes that the S&P 500...

AT&T Shares Dive on Weak Subscriber Growth

Key Takeaways Shares of AT&T (T) dropped more than 10% on April 20, 2023, after the company reported underwhelming subscriber and revenue numbers.The company...

Argentina Central Bank Lifts Rate to 81% as Inflation Jumps

(Bloomberg) -- Argentina’s central bank increased its benchmark interest rate by 300 basis points Thursday after annual inflation soared in March and foreign...

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