Plunge

GameStop, the struggling video game retailer, has fired Matt Furlong, its CEO for the past two years, and said its chairman, Ryan Cohen, will take on a new executive role. Shares fell more than 20%. The company said Wednesday in a…

breadcrumb links PMN Business European gas prices have fallen to their lowest levels since mid-2021, when Russia was just beginning to cut back on supplies before its invasion of Ukraine, helping to reverse rising…

There are several options available to PacWest Bancorp that can help the company weather the current stock depreciation. Backwest Bancorp (NASDAQ:PACW), a California-based regional bank, sees its shares drop 23%, days after reports 9.5%…

breadcrumb links PMN Business Asian stocks and currencies fell as investors weighed the repercussions of slowing imports by China on its economic recovery. Article author: Bloomberg News Tasya Sipahuttar…

Economy Salaries have decreased in real terms for three consecutive years Thursday 04 May 2023 KNBS Director General MacDonald Obodo (left), Cabinet Secretary for Treasury Nguguna Ndongo (center) and Economic Planning P.S. Abel…

Backwest Banking Crisis Fears - Morgan Lieberman/BloombergPacWest shares fell as much as 60 percent in after-hours trading in New York amid talks to bail out the US regional bank.The bank has instructed boutique investment banker Piper…

Dow Jones futures fell slightly Friday morning, along with S&P 500 futures and Nasdaq futures. Amazon.com(ticker symbol = AMZN) fell into cloud computing concerns. X The stock market advanced sharply higher on Thursday. Meta…

The California-based lender disclosed on Monday that customers withdrew more than $100 billion in deposits from the First Republic last month amid broader turmoil in the banking industry, sending its shares down as much as 20…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link The link has been copied Bitcoin's dramatic drop from its high of $31,000 has the market reeling, with…

Jeremy Grantham.Photograph: Nicholas Roberts/ReutersJeremy Grantham predicts that home prices in the United States will fall over the next few years.The GMO co-founder sees the S&P 500 drop to 2,000 points, which is a drop of 52%.The…