US stocks in the wake of fundamentals. Investors fear recession more than inflation

US stocks in the wake of fundamentals.Investors fear recession more than inflation

Trading on Wall Street ended in the red for the third time in a row on Friday. The easing of monetary policy tightening...
The European single currency was weakening just before the European Central Bank's base interest rate was announced.

A trio of central banks in Europe have raised their base interest rates

Not only the US Federal Reserve but the European Central Bank, the Bank of England and the Swiss National Bank raised their...
The European single currency was weakening just before the European Central Bank's base interest rate was announced.

Elon Musk is no longer the richest person in the world. For the first time,...

Elon Musk, the American billionaire founder of Tesla and SpaceX, had to bow to another billionaire for the first time since he...
The total amount of money that the Chinese government plans to allocate to support domestic semiconductor chip manufacturers is expected to reach more than one trillion yuan, or about $143 billion.

China is preparing a giant boost for domestic chipmakers. Responds to US trade restrictions

Up to a fifth of the cost should be reimbursed by the Chinese government to companies that expand their manufacturing and research...
Skoda Auto

Will Škoda Auto end up in China? It will decide next year, its chief Zellmer...

Strong competition and the growing popularity of Chinese brands on the domestic market are the main reasons why Škoda Auto will consider...
In the week at the turn of November and December in the United States, 243,000 people applied for unemployment benefits.

The US labor market is easing. The number of applications for unemployment benefits is the...

One of the main causes of the high rate of inflation in the United States is slowly fading. The number of people applying...
The price of a barrel of Brent crude oil plunged as high as $79.35 in Wednesday trading, a drop of about four percent.

Oil fell to its lowest level since early January. Brent costs less than $80

For the first time since Russian aggression erupted in Ukraine, the price of Brent crude oil has gone below $80 a barrel. It...
IATA chief executive Willie Walsh called for speeding up the transition from existing fossil fuels used for air travel to “greener” ones.

Airfares will be even more expensive, warns head of International Air Transport Association

Rising prices for standard aviation fuel as well as emission allowances are the main causes of increasing air travel. But it doesn't end...
Oil

Oil has fallen under the weight of data from the US economy. Brent was trading...

The data from the US services sector surprised not only investors in currency pairs, but also those who trade commodities. The price of...
Cryptocurrency trader Genesis and its parent company Digital Currency Group owe clients of the Gemini cryptocurrency exchange around $900 million. Gemini belongs to the famous American twins Cameron and Tyler Winklevoss.

Troubles in the cryptocurrency world continue.The Winklevoss brothers are missing nearly a billion dollars

Gemini is trying to get his money back Gemini cryptocurrency exchange is trying to get its clients' money back...

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