Cash News NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are holding steadier after Japan’s market soared earlier Tuesday to bounce back from its worst loss since 1987. The S&P 500 was 0.2% higher in early trading and on track to break a brutal three-day losing streak. It had […]
Cash News Rider University cut 31 jobs because of nationwide problems in processing federal student financial aid forms and other financial problems, campus officials announced. The staff cuts announced last week will save the private university in Lawrenceville in Mercer County more than $2 million, school officials said. Rider is the latest university to blame […]
Cash News Getty Images/Viva Tung/CNET Panic flooded the stock market on Monday in response to a weak jobs report and heightened fears of a US recession. With news of the unemployment rate increasing from 4.1% in June to 4.3% in July — the highest since October 2021 — global markets faced a major sell-off. Just […]
Cash News Paul Hastings has added a long-time structured finance partner from Weil, Gotshal & Manges in London, further strengthening its asset-backed finance and complex securitization offering. Partner Brian Maher is set to join Paul Hastings after 17 years at Weil. Read More #cashnews #newsfinace #finance #FollowsCashnews
Cash News Mark Bouris has delivered a grim warning for Aussies after interest rates were kept on hold. (Source: Supplied/Getty) Finance guru Mark Bouris has warned Australia is hurtling towards a recession if interest rates remain high, noting we’re already deep in one on a “per capita” basis. The Reserve Bank of Australia (RBA) kept […]
Cash News As fears of an American recession spread, stockmarkets around the world have been jittery. The moves have been the wildest of all in Japan. On August 5th the Topix plunged by 12% in its worst performance since 1987; the yen had climbed from its weakest point in 37 years. The next day, stocks […]
Cash News Choose the culprit behind the sudden sell-off in stock markets but a common theme in all top contenders is complacency. In the first case, it is the US Federal Reserve that stands accused, in the eyes of the market, of being asleep to the risk of a recession in the US. Friday’s weak […]
Cash News News Life and Culture Columnists and Opinion Haaretz Hebrew and TheMarker Partnerships Haaretz.com, the online English edition of Haaretz Newspaper in Israel, gives you breaking news, analyses and opinions about Israel, the Middle East and the Jewish World.© Haaretz Daily Newspaper Ltd. All Rights Reserved Read More #cashnews #newsfinace #finance #FollowsCashnews
Cash News Wall Street is deep in the red this morning as recession fears grip global stocks. Major US market averages (^DJI, ^IXIC, ^GSPC) are sinking, with Big Tech, cryptocurrencies, and other top names falling as part of the widespread sell-off. Leading stocks under pressure this morning include Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), and […]
Cash News Financial Literacy written on a notepad sheet. getty Most Americans acknowledge that there is a lack of personal finance education in schools. However, whether high school kids should learn basic personal finance in high school can be a bit of a hot button issue. This type of education does seem like a logical […]