stock market

China’s Evergrande Group took a horrifying $2 billion plunge in the Hong Kong stock market on Monday morning, losing 80 percent of its share value on the first day of trading after a 17-month suspension.

Looks like Ben & Jerry’s is becoming “The Bud Light of Ice Cream.”

Apple has made history by becoming the first publicly traded company to close a trading day with a market capitalization of $3 trillion. The iPhone giant has flirted with the landmark valuation in the past, but failed to achieve the market at the close of trading until Friday.

That is just how badly Disney wants to have sex with your children, and anyone who does not believe that is the goal is an idiot. 

Turkey’s currency, the lira, sank to a record low on Monday as markets reacted to the re-election of President Recep Tayyip Erdogan.

Democrat Rep. Daniel Goldman (NY) sold up to $15,000 worth of stock in PacWest Bancorp just two days before the bank’s stock took a significant plunge, according to his financial disclosures. 

The stock market is still “at loggerheads with the Fed” thinking the central bank will cut interest rates this year, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.

This might be one of the most hated stock market rallies in history. The American public’s bearishness on stocks is accompanied by a dour view of our economic prospects over the next six months.

Both Democrat and Republican lawmakers on average beat the stock market again in 2022, according to Unusual Whales’ annual report.

Avatar 2 is underperforming, Strange World is an outright flop, and the Disney stock price is sinking like a rock.

Chinese Vice Premier Sun Chunlan, the woman dictator Xi Jinping tasked with enforcing his brutal Chinese coronavirus lockdowns, issued public remarks on Wednesday claiming Beijing would soon “optimize” its coronavirus response with “new tasks in epidemic prevention and control.”

The Disney board booted the pro-groomer CEO Bob Chapek and replaced him with the pro-groomer CEO Bob Iger. By the next day, much of the bloom was already off the stock price.

During the “Overtime” segment on Friday’s broadcast of HBO’s “Real Time,” host Bill Maher said that the prospects of avoiding a recession don’t look good and pointed out that people were already losing “a lot of money” in the market.

Analysts at a major investment bank have declared that the British government must sacrifice their newly minted Prime Minister for the sake of the financial markets.

More than 2,600 federal officials either own or have traded stock in companies their agencies oversee, according to a damning report by the Wall Street Journal. 

On Friday’s broadcast of MSNBC’s “Way Too Early,” CNBC International Financial Journalist Arabile Gumede said that we can expect markets to have difficulties until inflation is controlled and that the economy doesn’t look as good as central banks would like.

On Friday’s broadcast of the Fox News Channel’s “Your World,” Biden Senior Adviser Gene Sperling responded to the poor performance of the stock market on Friday by urging focus on “the real economy,” and said that if you want to

On Friday’s broadcast of MSNBC’s “Hallie Jackson Reports,” White House Communications Director Kate Bedingfield responded to the stock market falling and how that squares with the White House’s upbeat economic messaging by saying “there are very encouraging signs that we’re

Hawkeye State Republican state Sen. Zach Nunn on Thursday pledged he would not trade stocks if he is elected to the U.S. House of Representatives and successfully unseats Democrat Rep. Cindy Axne (IA), calling on his opponent to do the same.

July was the best month for stocks since 2020 and the best July for the S&P since 1939. It was also the month in which forecasts of recessions went mainstream.

Paul Pelosi, husband to House Speaker Nancy Pelosi (D-CA), sold up to $5 million in semiconductor shares that he recently purchased before the Senate voted on a major computer chip subsidy bill on Wednesday.

New Hampshire’s First Congressional District Republican candidate Matt Mowers released his third ad in the primary election on Wednesday, first shared with Breitbart News, which hammered President Joe Biden and Rep. Chris Pappas (D-NH) on skyrocketing inflation.

House Speaker Nancy Pelosi (D-CA) abruptly exited her weekly press conference on Thursday after being asked about her husband’s questionable stock transactions; at the same time, the Senate was readying a vote that would directly benefit the industry he invested in.

Colombia’s currency and stock index fell sharply on Tuesday, a market aftershock to the election of leftist former guerrilla Gustavo Petro as president on Sunday. 

South Korean stock market shares dropped by slightly over two percent on Monday to reach a one-year low, Yonhap News Agency reported, noting the development came amid increased concern among Asian investors that a global economic recession may be on the horizon.

Hybe Co., the entertainment giant that manages the globally successful Korean boy band BTS, lost as much as $1.7 billion of its stock value on Wednesday after the bandmates confessed during a livestream that they are “exhausted” with their lives, need “time to think,” and are hoping not to perform as BTS for an indefinite amount of time.

After the economy entered bear market territory Monday, White House press secretary Karine Jean-Pierre said Biden was “monitoring” the recent stock market plunge but did not give specifics regarding actions being taken.

China’s state-run Global Times on Sunday frantically tried to convince foreign investors that now is the “right time to bet on China” – right after the Communist government demonstrated it will not hesitate to wipe out billions of dollars in value by turning key cities like Shanghai into coronavirus prison camps at the drop of a hat.

A non-partisan ethics watchdog organization demanded another investigation into Democrat Rep. Tom Suozzi’s (D-NY) stock transactions on Friday for allegedly failing to disclose up to $515,000 in stocks over a month late after previously failing to report transitions up to four years late.

Those who can still laugh are saying the stock market has turned their 401(k) into a 301(k).

The one hundred and forty-eighth running of the Kentucky Derby produced an excellent reminder that markets do not always get everything right.

Jerome Powell still believes in immaculate disinflation—and he appears to have won the market over to his view.

If we had not already quoted old Tom Eliot on the alleged cruelty of April, we would certainly be tempted to do so again after Friday brought the April sell-off to such a crescendo.

The sharp drop in Netflix stock “led to a wave of downgrades from Wall Street on fears over the company’s long-term growth potential,” resulting in a loss of more than $50 billion of its market cap.

Vulnerable Rep. Abigail Spanberger (D-VA) on Tuesday said lawmakers should “consider a different job” if allowing “a ban on individual stock trading by Members of Congress is a dealbreaker,” potentially calling out fellow vulnerable Democrat and member of the Virginia delegation, Rep. Elaine Luria, said the “concept” of banning lawmakers from trading stocks “bullshit” earlier this year.

The Foundation for Accountability and Civic Trust (FACT), a non-partisan ethics watchdog organization, demanded an investigation into Democrat Rep. Tom Suozzi’s (D-NY) stock transactions after he allegedly failed to disclose up to $885,000 in stocks between 2017 and 2021, which possibly presented a conflict of interest.