(Bloomberg) -- A newcomer in Brazil’s booming hedge fund industry says the country’s interest rate cuts will have to run much deeper than most investors expect, defying calls that the easing cycle is close to an end. READ HERE
Stocks ended lower on Friday but well off their worst levels, closing the market's wildest week in recent memory as investors were gripped by recession fears and credit market concerns due to the spre
U.S. stocks, in concert with the global markets, plunged with the S&P 500 posting the worst week since the financial crisis and moving into correction territory—from an all-time high—in the shortest a
On the economic menu for today is the second estimate for fourth quarter GDP, which is expected to be unchanged at 2.1%, while durable goods orders for January are likely to show a 1.5% decrease (vs.