sell

Dow Jones hits 2022 low as markets sell off on recession fears

Dow Jones hits 2022 low as markets sell off on recession fears

Energy prices closed sharply lower as traders worried about a possible recession. Treasury yields, which affect rates on mortgages and other types of loans, have held at multi-year highs. European stocks fell just as sharply or more after preliminary data suggested business activity suffered its worst monthly contraction since the start of 2021. A new …

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Explanation: when the EU embargo arrives, where will Russia sell its crude oil?

Explanation: when the EU embargo arrives, where will Russia sell its crude oil?

Models of oil barrels are seen in front of the sign displayed ‘stop’, the colors of the EU and Russia flag in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register MOSCOW, Sept 23 (Reuters) – Russia has increased oil shipments to Asia since Europe imposed sweeping …

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Videogamedunkey, YouTube's biggest video game reviewer, now wants to sell them

Videogamedunkey, YouTube’s biggest video game reviewer, now wants to sell them

The biggest critic of the game goes into publishing. Jason “videogame dunkey” Gastrow announced in his latest youtube video that he and his wife, Lea Gastrow, will run a new independent label called Bigmode dedicated to discovering and evangelizing the best games that haven’t even been made yet. “I’m sick of sitting on the sidelines …

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Stocks fall as Powell speaks

Stocks sell off as Fed sees new ‘terminal’ rate

Dow Jones futures fell slightly overnight, along with S&P 500 and Nasdaq futures. The stock market fell sharply on Wednesday after the Federal Reserve aggressively rose again and signaled a higher peak, or “terminal” rate. X This is a stock market correction. Investors should remain cautious, but on the lookout for big names. Celsius Fund …

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Robert Sarver begins process to sell Phoenix Suns and Phoenix Mercury

Robert Sarver begins process to sell Phoenix Suns and Phoenix Mercury

Amid mounting pressure from NBA players, sponsors and local authorities and following his one-year suspension for using racist and misogynistic language, Robert Sarver announced plans on Wednesday to sell the Phoenix Suns and Mercury. of the WNBA. The 60-year-old property developer said in a statement that he doesn’t want to be a “distraction” and that …

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Meet the 30-something about to sell his company to Adobe for $20 billion

Meet the 30-something about to sell his company to Adobe for $20 billion

Almost overnight, this 30-year-old has become the tech world’s newest titan – and is on his way to becoming one of the world’s youngest billionaires. Dylan Field, co-founder and CEO of San Francisco-based Figma, is set to enjoy an epic bargain after Adobe ADBE, -3.12% announced plans to acquire his company for $20 billion this …

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To stop the fall of the yen, Japan is preparing to sell foreign exchange reserves instead of raising interest rates.  Won't work for long.  Markets can win this battle

To stop the fall of the yen, Japan is preparing to sell foreign exchange reserves instead of raising interest rates. Won’t work for long. Markets can win this battle

Rate hikes to follow the Fed would work. But the Bank of Japan continues to dig its heels in. However, its balance sheet has been dwindling for months. By Wolf Richter for WOLF STREET. The Bank of Japan is now seriously considering supporting the yen with direct market intervention, after government and BoJ maneuvers failed …

To stop the fall of the yen, Japan is preparing to sell foreign exchange reserves instead of raising interest rates. Won’t work for long. Markets can win this battle Read More »

US Treasuries sell off as upbeat data bolsters Fed rate hike fears

US Treasuries sell off as upbeat data bolsters Fed rate hike fears

US government bond prices fell on Tuesday after an upbeat survey of the country’s vast services industry fueled expectations of further big interest rate hikes by the Federal Reserve. The yield on the 10-year Treasury bill, considered a proxy for borrowing costs around the world, added 0.15 percentage points to 3.34%. The yield on the …

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