What Happened
The month of June was not pleasant for Wells Fargo (NYSE: WFC), which saw its share price drop 14.4% in the month, according to S&P Global Market Intelligence.
Many crypto analysts have spurned Solana (CRYPTO: SOL) as an Ethereum knockoff, but it may finally be coming into its own. If crypto intrigues you, but the high prices and environmental impact of Bitcoin and Ethereum are turn-offs, maybe you've heard of Solana as an alternative.
What happened
Shares of fintech company Block (NYSE: SQ) -- formerly known as Square -- tanked by 61.9% during the first half of 2022, according to data from S&P Global Market Intelligence. That was a far worse performance than the S&P 500 and Nasdaq Composite indexes, wh
The U.S. Food and Drug Administration is looking at ways to allow overseas manufacturers of baby formula to keep selling in the country beyond the current shortage, the health regulator said on Wednesday.
Wall Street held steady while oil slid on Wednesday as investors juggled concerns over inflation versus a recession, after Federal Reserve minutes showed officials rallied around a large rate hike at its June meeting.
(RTTNews) - The Canadian market, which fell after opening slightly up Wednesday morning, continues to languish in negative territory in afternoon trades with stocks from several sectors reeling under sustained selling pressure.
Argentina's new economy chief, Silvina Batakis, told IMF officials that she supports the objectives of a $44 billion International Monetary Fund program and will work constructively with the global lender, IMF Managing Director Kristalina Georgieva said on Wednesday.
The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had "darkened significantly" since April and she could not rule out a possible global recession next year given the elevated risks.
When barbecue buddies Ons Jabeur and Tatjana Maria step on to Centre Court for their Wimbledon semi-final on Thursday, the loyalties of an eight-year-old German girl who will be sitting in the players' box will be severely tested.
The best performing sector as of midday Wednesday is the Utilities sector, higher by 1.0%. Within the sector, WEC Energy Group Inc (Symbol: WEC) and NiSource Inc. (Symbol: NI) are two of the day's stand-outs, showing a gain of 2.0% and 2.0%, respectively. Among utilities ETFs
In honor of the Swiss IR Club'S 30th anniversary, Mike Keenan, Nasdaq’s head of Investor Relations for the EMEA region, spoke with two board members, Michael Stäheli and Hazel Winchester, about the club’s goals and recent initiatives.
German gas pipeline companies on Wednesday said they have amended rolling 2022-2032 investment plans for grid expansions to provide for changes to gas flows as a consequence of Russia cutting exports.
HSBC is in advanced talks to sell its Russian corporate lending business to Expobank, a source with knowledge of the matter told Reuters, as many major banks exit the country.
(RTTNews) - Shares of Chinese wealth management service provider Noah Holdings Limited (NOAH) are falling more than 7% in the morning trade on Wednesday after pricing the global offering of 1.1 million Class A ordinary shares.
Emerging markets suffered a fourth straight month of portfolio outflows in June, notching the longest losing streak in seven years, as recession fears and inflation rattled investors, data from the Institute of International Finance showed.
World hunger levels rose again last year after soaring in 2020 due to the COVID-19 pandemic, with the Ukraine war and climate change threatening starvation and mass migration on an "unprecedented scale" this year, according to U.N. agencies.