The bear market in U.S. stocks could be a prelude to even tougher times to come: a market swoon has often come hand-in-hand with recession.
- Future of MoneyBitcoin stems heavy losses but pessimism reigns in crypto markets
Bitcoin steadied on Tuesday after earlier hitting a new 18-month low, as major crypto lender Celsius Network's freezing of withdrawals and the prospect of sharp U.S. interest rate rises shook the volatile asset class.
- U.S. MarketsU.S. fuel and trucking costs power producer inflation, article with image
U.S. producer prices increased solidly in May as the cost of gasoline surged, another sign of stubbornly high inflation that could force the Federal Reserve to raise interest rates as much as 75 basis points on Wednesday.
- BusinessWHO set to decide if monkeypox represents health emergency
The World Health Organization will convene an emergency committee on Thursday next week to assess whether the monkeypox outbreak represents a public health emergency of international concern.
Talking Points
- Trump's midterm revenge campaign faces new test in South Carolina, article with imageUnited States ·
June 14, 2022 · 10:04 AM UTC Former President Donald Trump's efforts to punish his perceived enemies will be tested in South Carolina on Tuesday as Republican U.S. Representatives Tom Rice and Nancy Mace try to fend off Trump-backed primary election challengers.