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Browsing Tag
Fears
UK property market at risk of major downturn as recession fears loom
Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to a house price crash.Matt Cardy | Getty Images News | Getty ImagesLONDON — The…
Lula’s honeymoon with Brazil markets ends amid spending plan fears
BRASILIA, Nov 10 (Reuters) - Brazilian President-elect Luiz Inacio Lula da Silva's brief honeymoon with financial markets looked finished on Thursday, as he pushed for more room to grow social spending without setting long-term fiscal…
Tesla Loses 2 Years of Gains Amid Twitter Saga, Demand Fears
(Bloomberg) -- Elon Musk’s latest sale of Tesla Inc. stocks, following repeated denials that he planned to offload more shares, is helping to wipe out the last vestiges of a rally in the electric carmaker over the past two years.Most…
Eversource CEO fears New England might not have enough gas for bitter winter
The top executive of one of the top energy suppliers in New England fears the region may not have enough power if a severe cold spell hits this winter.Eversource Energy CEO and president Joseph R. Nolan Jr. recently wrote a letter…
China’s yuan tumbles amid fears about Xi’s third term
Hong Kong
CNN Business
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China’s yuan tumbled on Tuesday to its lowest level in nearly 15 years on Tuesday as investors fled Chinese assets amid fears about Xi Jinping’s…
Treasury yields climb as recession fears spread
Treasury yields rose across the board on Wednesday as concerns over a recession spread among investors, and markets looked ahead to the release of housing market data.The yield on the 10-year Treasury was last at 4.059, up by 6.1 basis…
Oil steady as recession fears counter positive Chinese signals
LONDON, Oct 17 (Reuters) - Oil prices were steady on Monday as China's continuation of loose monetary policy was offset by fears that high inflation and energy costs could drag the global economy into recession.Brent crude futures rose…
Stocks fall as recession fears weigh
British pound strengthens after policy reversalsSterling rose on Monday morning in Asia following more policy reversals by the U.K. government late last week. The pound was last 0.56% higher at $1.1233.CNBC Pro: Nearing retirement? How…
Oil falls by nearly 2% as recession fears outweigh tight supply prospects
Fed's Brainard: Policy taking hold with full impact months aheadDollar up ahead of inflation data this weekAramco to keep full supplies to Asia in Nov despite OPEC+ cutsOPEC cut spurs U.S. hedging - but against lower oil pricesChinese…