Wall Street rally lifts Nasdaq 20% from low as inflation fears recede

Wall Street rally lifts Nasdaq 20% from low as inflation fears recede

Traders work on the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now to get free unlimited access to Reuters.com Register The Fed has now seen a 50 basis point rise in September US consumer price growth slows in July Musk sells … Read more

The shrinking cattle herd in the United States indicates more suffering from higher beef prices

Meat chops are on sale at a butcher shop in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now to get free unlimited access to Reuters.com Register Soaring inflation US consumers are facing more pain from soaring beef prices as ranchers reduce herds of cattle due to drought and rising feed costs, … Read more

Cryptoverse: Blockchain Bridges Fall into Troubled Water

Representations of cryptocurrency Bitcoin, Ethereum and Dash sinking into water in this illustration taken on May 23, 2022. REUTERS / Dado Ruvic / Illustration Register now to get free unlimited access to Reuters.com Register August 9 (Reuters) – Another day, another hack and another blockchain bridge burns out. When thieves stole an estimated $190 million … Read more

Bridgewater counteracts Chinese ‘All Weather’ imitators

SHANGHAI/NEW YORK (Reuters) – The huge popularity of billionaire hedge fund manager Ray Dalio in China has not only drawn local investors flocking to his money, but has also spawned local rivals using his “All Weather” strategy and branding to try and beat him at his own game. Now, the Connecticut-based hedge fund giant Bridgewater … Read more

Facebook’s parent company Meta is preparing to raise $10 billion from bond sources for the first time

The logo of the Meta platforms is seen in Davos, Switzerland, May 22, 2022. Photo taken May 22, 2022. REUTERS/Arnd Wiegmann // File Photo Register now to get free unlimited access to Reuters.com Register Aug 4 (Reuters) – Meta Platforms Inc (META.O) It is set to raise $10 billion in its first bond offering on … Read more