Markets not merry as stock losses extend into eighth day
A gauge of stocks worldwide posted an eighth straight decline on Monday as investors ignored Trump administration attempts to reinforce confidence and the U.S. president called the Federal Reserve the “only problem our economy has.”
Trump blasts Fed as ‘only problem’ in U.S. economy, markets down again
President Donald Trump blasted the Federal Reserve on Monday, describing it as the “only problem” for the U.S. economy, as top officials convened to discuss a growing rout in stock markets caused in part by the president’s attacks on the central bank.
Oil falls more than 4 percent following stock market down
Oil prices tumbled more than 4 percent on Monday to the lowest in over a year as global stock markets fell on concerns about a U.S. government shutdown and worsening world economy.
Wall Street selloff worsens on Mnuchin move, D.C. drama
A steep sell-off in U.S. stocks worsened in a pre-holiday shortened session on Monday, as a move by the U.S. Treasury secretary to convene a crisis group and other political developments rattled investors and pushed the S&P 500 to the brink of a bear market.
Exxon quiet on plans to resume Guyana marine survey after Venezuela dispute
Exxon Mobil and a seismic research company it hired to search for oil off the coast of Guyana declined on Monday to say when they might resume exploration work halted after a weekend confrontation with Venezuela’s navy.
U.S. financial regulators tell Treasury nothing out of ordinary in markets
U.S. financial regulators told the Treasury Department on Monday they were not seeing anything out of ordinary in financial markets during the recent sell-off, according to a source familiar with the matter.
Trump blasts Fed again as ‘only problem’ in U.S. economy
President Donald Trump blasted the Federal Reserve on Monday, describing it as the “only problem” for the U.S. economy, as top officials discussed a rout in stock markets caused in part by the president’s feud with the central bank.
Explainer: ‘Plunge Protection Team’ to convene amid Wall Street rout
The Trump administration is arranging a phone call on Monday with top regulators to discuss financial markets amid a rout on Wall Street.
U.S. Treasury was not concerned on liquidity ahead of call with bankers: CNBC
U.S. Treasury officials were not concerned with liquidity in the banking system when Treasury Secretary Steven Mnuchin reached out to top U.S. bank CEOs in phone calls on Sunday, CNBC reported on Monday, citing a senior Treasury official.
Wall Street selloff continues on Mnuchin move, political gridlock
U.S. stocks fell for the fourth straight session on Monday, as political deadlock in Washington continued and Treasury Secretary Steven Mnuchin’s move to convene a crisis group added to nerves, pushing the S&P 500 closer to bear territory.
