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Oil slides 2% to a 12-week low on fears of global recession
After hitting a 10-week high at more than $125/b in mid-June, Brent crude futures have […]
Euro hits two-decade low as gas worries fan recession fear
The euro sank to a two-decade low versus the dollar on Tuesday as a jump […]
IMF Chief Says ‘Cannot Rule Out’ Possible Global Recession
Business conditions in the last three months have “darkened significantly,” and the risk of a […]
Joe Biden reportedly exports 5 million oil barrels despite US gas prices
The Biden administration exported more than 5 million barrels of oil from its emergency reserves […]
Bank of England’s Bailey warns global economic outlook has ‘deteriorated materially’
KEY TAKEAWAYS. • The Bank of England said Tuesday that the global economic outlook has […]
Major economies heading into a recession?
Fears of a recession have gripped countries worldwide. In a recent report, Nomura Holdings said […]
Chicago Shooting: 6 dead, 30 wounded in shooting at July 4 parade
A man is in police custody after an hours-long manhunt near the Chicago suburb of […]