A Goldman Sachs report looked at how the decline in Crypto would affect household spending and young male employment. Goldman’s analysis found there would likely be a modest effect whereby…

Oil futures dropped Wednesday, heading lower despite  an unexpected reduction in U.S. crude inventories and a sharp fall in gasoline supply. The Energy Information Administration said U.S. crude inventories fell…

Harley Davidson says it will halt all production of its models, except for its electric motorcycles due to a problem with parts from one supplier. The iconic motorbike maker said…

Gas prices rose to a national average of $4.589 per gallon – with JPMorgan saying it could pass $6 by the end of the summer. ‘There is a real risk…

Three Chinese banks have inexplicably frozen $178 million worth of customer deposits that have been documented, with possibly $1.5 billion total being frozen. The banks are refusing to release any…

In a trend reminiscent to the runup to the 2008 financial crisis, the rate of missed loan payments from subprime borrowers is rising: Consumers with low credit scores are falling…

Melvin Capital is closing its funds and will return the cash to its investors after bearing the brunt of losses from the soaring stock prices of heavily shorted stocks recently.…

Several Twitter executives are leaving as the company’ turmoil only increases: Three senior executives at the company, including two vice presidents, left Twitter this week. Last week, CEO Parag Agrawal…

The U.S. Congress cleared $40 billion in aid for Ukraine. The legislation, approved 86-11, was backed by every voting Democrat and most Republicans. While many issues under President Joe Biden…

The S&P 500 fell again Thursday as it inched closer to a bear market: The broad market index fell 0.58% to 3,900.79, after falling 4% on Wednesday. The index is…