Shares of SVB Financial, a tech-focused bank, dropped by as much as 60% on...
President Biden’s New Proposal Would Double Capital Gains Tax to 39.6%
US President Joe Biden urges for higher tax rates on billionaires and levies on...
“Fed Has No Exit Strategy for Rate Cycle,” Economist Says
The Fed Fund Futures now has a 53% probability of a 50 basis point...
Oil Dips on US Rate-Hike Concerns despite Surprise Stockpile Fall
Despite an unexpected fall in US crude inventories, oil prices dropped in early Asia...
US 2-Year Treasury Returns Top 5% to Highest Level since 2007 amid Rate Hikes Potential
The U.S. 2-year Treasury note continued to climb on Wednesday to the highest level...
US Reportedly to Lift Covid-19 Testing Requirements for Travelers from China
The US Centers for Disease Control and Prevention (CDC) is reportedly poised to end...