Stock Market & Investment News

Read full story

EARLIER in the year, global economic prospects were promising as more sectors in the economy gradually reopened, more people were vaccinated, and mobility restrictions eased with economic growth steadily picking up despite a surge in Omicron-related cases. Read full story

IN the red-hot United States housing market, homebuyers are facing sticker-shock as prices have soared, and now they also have been hit with a surge in borrowing rates. Read full story

NEW YORK: Wall Street slid on Friday to its deepest daily losses since 2020, as Amazon slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates. This report produced by Tamara Lindstrom. Read full story

More developers expanding revenue streams Read full story

NEW YORK: A volatile stock market faces a critical test next week, when the U.S. Federal Reserve is expected to raise interest rates and give more insight on its plans for tightening monetary policy to fight surging inflation. Read full story