U.S. crude oil falls to six-month low as market sells off on recession fears
Weak economic data in the U.S. sparked a sell-off in equity markets as fears grow that a recession may be looming.
Summer is ‘high season’ for flight delays. Here’s what travelers need to know
Financial compensation for flight delay and cancelation varies by airline.
Warren Buffett’s decision to sell stocks and raise record cash before sell-off sends wake-up call
Many Buffett watchers view the accelerated sale of his top holdings as a pessimistic call on the markets as well as the economy.
Where to generate income and safety during this global asset meltdown
Here is where the pros are nabbing income right now amid the tumultuous market.
Elon Musk revives lawsuit against OpenAI, Sam Altman in federal court
Elon Musk has revived a lawsuit against Sam Altman in federal court, alleging that the Tesla boss was manipulated into co-founding OpenAI.
UK’s Starmer to hold emergency meeting as riots intensify
British Prime Minister Keir Starmer will hold an emergency meeting with police chiefs on Monday after days of violent anti-immigration protests.
Wharton’s Jeremy Siegel says Fed needs to make an emergency rate cut
Wharton’s Jeremey Siegel called on the Fed to make an emergency 75 basis-point cut in the federal funds rate after Friday’s jobs report.
SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune
SoftBank CEO Masayoshi Son’s net worth fell by $4.6 billion on Monday, according to the Forbes real-time billionaires list.
The Fed is trying to ‘fight a ghost’ as recession fears mount, investor says
The Federal Reserve may have little room for manoeuvre as a global market sell-off continues amid fears of a looming U.S. recession, investor Cole Smead warned.
I’m prepared to ‘start buying Japan,’ Monex Group’s Jesper Koll says despite major stock sell-off
Jesper Koll, head of Japan at Monex Group, says he is prepared to “start buying Japan” even as Japanese markets experienced a major stock-sell off on Monday.
