Finance related news
Here are some recent finance-related news articles:
Global Economy
- The International Monetary Fund (IMF) has cut its global economic growth forecast for 2023, citing rising inflation and interest rates. (Source: Reuters)
- The World Bank has warned that the global economy is facing a "perfect storm" of challenges, including high inflation, rising interest rates, and a slowdown in global trade. (Source: Bloomberg)
Stock Market
- The S&P 500 index has fallen to its lowest level in over a year, amid concerns over inflation, interest rates, and the impact of the COVID-19 pandemic on the global economy. (Source: CNBC)
- The Dow Jones Industrial Average has also fallen to its lowest level in over a year, with investors worried about the impact of rising interest rates on the stock market. (Source: The Wall Street Journal)
Cryptocurrencies
- The price of Bitcoin has fallen to its lowest level in over a year, amid concerns over the impact of rising interest rates on the cryptocurrency market. (Source: CoinDesk)
- The value of Ethereum has also fallen, with investors worried about the impact of the cryptocurrency's upcoming "Merge" on its price. (Source: Coindesk)
Bonds
- The yield on the 10-year US Treasury bond has risen to its highest level in over a year, amid concerns over inflation and the impact of rising interest rates on the bond market. (Source: The Wall Street Journal)
- The yield on the 30-year US Treasury bond has also risen, with investors worried about the impact of rising interest rates on the bond market. (Source: Bloomberg)
Earnings
- Apple has reported a surprise decline in quarterly profits, amid concerns over the impact of the COVID-19 pandemic on the technology sector. (Source: CNBC)
- Amazon has reported a surprise decline in quarterly profits, amid concerns over the impact of rising costs and competition on the e-commerce giant. (Source: The Wall Street Journal)
Regulatory
- The US Securities and Exchange Commission (SEC) has proposed new rules to regulate the use of cryptocurrencies and other digital assets. (Source: Reuters)
- The European Union has proposed new rules to regulate the use of cryptocurrencies and other digital assets, amid concerns over the impact of the financial sector on the environment. (Source: Bloomberg)
Personal Finance
- The Federal Reserve has raised interest rates for the third time this year, amid concerns over inflation and the impact of rising interest rates on the economy. (Source: The Wall Street Journal)
- The Consumer Price Index (CPI) has risen to its highest level in over a year, amid concerns over inflation and the impact of rising prices on personal finances. (Source: CNBC)