Morgan Stanley Sheds Last Negative Rating Despite Earnings Selloff
After Morgan Stanley reported earnings results earlier this week, shares tumbled the most in more than three years.
Bond Market’s Bad Tidings Start to Overwhelm Miracle Stock Rally
Stock investors who sleepwalked to an $8 trillion rally earlier in the year are being shaken awake by the bond market.
Meloni Survives S&P Scrutiny as Italy Stays Two Steps Above Junk
Italy remains at two levels above junk at S&P Global Ratings after Giorgia Meloni’s government weathered the first of several possible assessments on its looser deficit prospects.
Argentina Depletes Room to Intervene in Currency Futures Ahead of Election
Argentina’s central bank is almost out of room to intervene in currency futures, the main avenue it’s been using to prop up the plunging peso ahead of a pivotal presidential vote on Sunday.
Russia Considers Extra Gas Tax to Finance Subsidies for Oil Refiners
Russian authorities are considering raising the tax burden on the nation’s natural gas industry to help finance a return to full subsidies for oil refiners, as the government seeks to support the domestic fuel market without straining the country’s budget.
Klaviyo Dips Below Offer Price in Another Disappointment for IPO Market
The moribund market for initial public offerings was dealt another blow as Klaviyo Inc. joined a group of closely watched companies to slump below the price at which it sold millions of shares.
Klaviyo Dips Below Offer Price in Another Disappointment for IPO Market
The moribund market for initial public offerings was dealt another blow as Klaviyo Inc. joined a group of closely watched companies to slump below the price at which it sold millions of shares.
Brazil Central Bank Envisions Future Without Cash, Credit Cards
Brazil’s top central banker sees digital currency platforms like the monetary authority’s popular instant-payment application eventually replacing credit cards and other traditional financial instruments.
Brazil Central Bank Envisions Future Without Cash, Credit Cards
Brazil’s top central banker sees digital currency platforms like the monetary authority’s popular instant-payment application eventually replacing credit cards and other traditional financial instruments.
Peru Acknowledges the Recession It Spent Months Downplaying
Peru’s finance ministry says the economy is in recession, after months of denying that this was really the case.