There Was Nowhere for Investors to Hide in February’s Market Reversal
Bets on cooling inflation and lower rates proved misplaced in February and investors hit the sell button across assets.
Bets on cooling inflation and lower rates proved misplaced in February and investors hit the sell button across assets.
XP Inc., Brazil’s largest brokerage, hired former Barclays Plc. economist Marco Oviedo to expand its coverage of Latin American economies, with a particular focus on Mexico and its central bank.
Senior Biden administration officials urged Congress to renew a warrantless surveillance program that expires later this year, calling it a “key intelligence authority.”
President Xi Jinping signaled the unveiling of an overhaul of China’s government agencies when the country’s legislature holds an annual gathering starting next week.
Hong Kong will begin giving away 500,000 airline tickets from Wednesday in a bid to attract visitors and boost its flagging economy, just as it finally drops its compulsory mask-wearing rule.
Oil fell for the eighth month out of the last nine as US economic slowdown fears continue to dampen market sentiment.
Applied Materials Inc. has begun selling a chipmaking machine designed to decrease the industry’s reliance on ASML Holding NV and more cheaply produce the kind of ultra-powerful semiconductors that can handle artificial intelligence tasks.
Bitcoin’s new year rally is resuscitating many crypto-mining companies seeking to escape from near financial ruin after one of the most devastating quarters ever for the nascent industry. Whether they succeed in making a comeback remains in question.
President Joe Biden intends to nominate Deputy Labor Secretary Julie Su to lead the department, moving to fill a vacancy at an agency critical to his domestic agenda.
Glencore Plc was ordered by a federal judge in New York to pay $700 million as a criminal punishment for a global bribery scheme orchestrated by the Swiss-based commodities trading and mining giant.