S&P 500 closes lower, notches 5-day losing streak ahead of key inflation report
Market participants are anticipating key inflation data this week, as well as the release of major bank earnings.
Zelenskyy will address an emergency G-7 meeting after deadly Russian missile strikes rock Ukrainian cities
The virtual emergency meeting was called after Russian missiles struck civilian infrastructure in a dozen Ukrainian cities.
History shows the market should be bottoming soon, and inflation data could be catalyst
If the stock market is going to follow its historic pattern during a midterm election year, it would be bottoming just around now.
Five9 shares plunge more than 20% after CEO announces resignation
Shares of cloud software provider Five9 closed down 25% Monday after CEO Rowan Trollope said he’s stepping down to take the helm of a pre-IPO company.
Bitcoin falls to start the week as investors look ahead to inflation data
Bitcoin fell to its lowest level in over a week as investors continued to digest jobs numbers and looked ahead to CPI data Thursday.
Fed’s Evans says fighting inflation is the top priority even if that means job losses
Chicago Fed President Charles Evans said the central bank is holding fast in its commitment to bring down inflation.
GM and Ford shares fall after UBS downgrades on expectations for weakening demand
UBS expects the U.S. auto industry to be problematic following record profit amid low supplies and high demand during the coronavirus pandemic.
Portugal’s new digital nomad visa just made working remotely from a European beach easier
Workers can apply to live and work remotely from Portugal for a year under the country’s new digital nomad visa scheme, which opens for applications this month.
Musk’s proposal for China-Taiwan relations gets slammed: Our freedom is ‘not for sale’
Elon Musk has weighed in on China-Taiwan relations, and Taiwanese politicians are not impressed.
