December 24, 2018

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. Powered by WPeMatico
December 24, 2018

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 […]
December 24, 2018

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 […]
December 24, 2018

Oil at lowest in year following global stock market tumble

Oil fell more than 2 percent on Monday to the lowest in over a year as global stock markets tumbled under pressure from concerns about a […]
December 24, 2018

Markets far from merry as stock losses extend into eighth day

A gauge of stocks worldwide hurtled toward an eighth straight decline on Monday as investors ignored the U.S. Treasury secretary’s actions to reinforce confidence in the […]
December 24, 2018

Trump says: ‘The only problem our economy has is the Fed’

U.S. President Donald Trump blasted America’s independent central bank on Monday, describing the Federal Reserve as the only problem had by the country’s economy. Powered by […]
December 24, 2018

Wall Street opens lower in shortened session

U.S. stocks fell at open in a shortened session on Monday, with investors digesting a raft of news from Washington over the weekend amid the benchmark […]
December 24, 2018

Brent crude inches up, but concern over demand limits gains

Oil prices edged up on Monday after evidence that a recent fall to 15-month lows may be affecting output in the United States, the world’s largest […]
December 24, 2018

Markets far from merry as stock losses extend into seventh day

World stocks were set for their seventh straight day of losses on Monday, as investors nervy about the possibility of a prolonged U.S. government shutdown and […]
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