Finance

The bloodbath in the markets this past week wrecked retail stocks, as Walmart (WMT) posted its worst week ever, falling 20%.Amid the carnage, investors piled into beaten-down…
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The last time Todd Jones heard this kind of panic in his clients’ voices, it was 2008 and the global financial system was on the brink of…
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It's unlikely consumer spending will take too large a hit as a result of the latest crypto winter, argues Goldman Sachs.In a new research note, Goldman Sachs' chief U.S.…
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What's happening: Inflation is already causing consumers to pull back spending on some items as they look to cut expenses, a shift that will have major consequences for the next…
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Gabe Plotkin, founder of Melvin Capital, described the…
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The settlements with the US Department of Justice and US Securities and Exchange Commission are among the largest in corporate history. The company and three of its portfolio…
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Germany's Free Democratic Party (FDP) leader Christian Lindner addresses a news conference in reaction to the results of the regional elections in Berlin, Germany, May 16, 2022.…
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Goldman Sachs senior chairman and former CEO Lloyd Blankfein said on Sunday that the U.S. should prepare for a recession. When asked by CBS’s Margaret Brennan if he…
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A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says…
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