Investors are dumping equities and cash alike in favor of bonds as they position for the risk that the Federal Reserve persists with hawkish policy moves, Bank of America Corp. strategists said.
Opendoor Technologies Inc. said it expects to accelerate its timeline for selling through money-losing inventory, as the data-driven home-flipper looks to move on from a tumultuous year.
Junior doctors in England will walk out for three consecutive days next month after voting overwhelmingly to take industrial action over pay, claiming the government has refused to engage.
President Luiz Inácio Lula da Silva is intensifying his campaign to mediate an end to Russia’s war in Ukraine as he seeks to reinsert Brazil in the global political stage.
Goldman Sachs Group Inc. said that investigations and inquiries into its credit-card business have expanded beyond the Consumer Financial Protection Bureau to include other government agencies.
Poland sent its first four Leopard 2A4 battle tanks to Ukraine, a symbolic gesture to mark one year since Russia’s invasion as western allies rush to arm the embattled nation’s forces amid intensified Kremlin-ordered attacks.
US Treasury Secretary Janet Yellen warned China and other nations against providing material support to Russia, saying any such actions would amount to an evasion of sanctions and would “provoke very serious consequences.”
Credit Suisse Group AG’s funds business cut payouts on a 3.25 billion Swiss franc ($3.5 billion) real estate pool and said some clients were seeking to pull their cash after valuations were hit by rising interest rates.
Turkey’s central bank has warned lenders in the country against sending dollars to their correspondent counterparts abroad, according to people familiar with the matter, its latest move to try to protect the lira.
Using marijuana every day increases the risk of developing heart disease, US researchers found, adding to an increasingly complex picture about the drug’s health impact.
