US and European equity futures declined Friday as disappointing earnings from Apple Inc., Amazon.com Inc. and Alphabet Inc. weighed on market sentiment.
A billionaire cryptocurrency evangelist may have gotten a tougher reception than he expected when proposing widespread adoption of Bitcoin to a bankrupt country.
The brutal stock rout in Gautam Adani’s companies continued Friday, an indication that the billionaire needs to do more to restore confidence in his conglomerate’s financial health after accusations of fraud by a short-seller erased half of the group’s market value.
Turkey’s cost-of-living crisis in 2022 was so harsh it’s making this year’s decline in inflation look even more stark, emboldening policymakers to consider the interest-rate cuts that stoked consumer prices in the first place.
Late to the global interest-rate hiking party, the European Central Bank is trying to convince everyone that it will also be one of the last to leave.
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