Latest Economy News
China recapitalizes major banks after profits fall and bad debts rise
China announced its plans for recapitalizing the largest of its commercial banks,…
Crude oil prices could rebound quickly: Technical analysis
Demand concerns continued to affect crude oil prices in the new trading…
Trump Media shares (DJT), which are locked up by insiders, plunged over 6% after the expiration of this agreement
The shares of Trump Media fell to their lowest levels in more…
German Chancellor Scholz describes UniCredit’s actions against Commerzbank as ‘unfriendly.’
A potential deal to take over Germany's Commerzbank from Italy's UniCredit sparked…
Eurozone economic activity contracted in September, raising fears of recession
The Eurozone's business activity contracted unexpectedly in September. This indicates a deepening…
Energy Transfer is the ‘perfect’ stock for Polcari after Fed rate cuts
Kenny Polcari, chief market strategist at SlateStone Wealth, says that investors should…