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USA — Financial

United States USA — Financial

Turmoil in Turkey sends US and European stocks sharply lower

Stocks in the U. S. and Europe take sharp losses as financial instability in Turkey continues to rise and the lira keeps falling. U. S....

Erdogan Calls Putin Amid Lira Crisis

Trump's call to double metals tariffs sank currency President Recep Tayyip Erdogan and Russian leader Vladimir Putin have held urgent talks amid the deepening economic...

Why Turkey's currency is plunging and what it means

ISTANBUL (AP) — The tumble in Turkey ’s currency on Friday signaled deepening pessimism about the country’s economy after months of market declines. The...

Tesla stock drops closer to pre-Musk tweet level

After two days of turmoil, Tesla shares have fallen back closer to the level they were trading at before CEO Elon Musk tweeted Tuesday...

SEC reportedly 'intensifying' examination of Tesla after Elon Musk tweets about taking the company...

The Securities and Exchange Commission is "intensifying" its inquiry into Tesla, Bloomberg reports. The Securities and Exchange Commission is "intensifying" its inquiry into Tesla, Bloomberg...

DC police banning all guns at 'Unite the Right' rally

Officials in Washington, D. C., are implementing tight security measures in anticipation of Sunday’s “Unite the Right 2” rally and ensuing counter-protests marking the… Officials...

Tribune scraps $3.9B deal with Sinclair, sues for $1B

Tribune Media on Thursday pulled out of a deal to acquire Sinclair Broadcasting, and filed a lawsuit, after the group came under scrutiny from...

Insurers get a lift as investors cheer Puerto Rico bond settlement

The agreement concerns investors who hold bonds issued by Puerto Rico Sales Tax Financing Corporation, also known as Cofina. It will slash the debt...

Rite Aid, Albertsons Call Off Merger

The deal would've valued the combined company at roughly $24 billion. (CBS) — Drugstore chain Rite Aid and grocer Albertsons say they have called off...

Elon Musk Isn’t Wrong About the Public Markets

He’s just a bad messenger for the right message. If Elon Musk takes his electric car company and goes home, investors will be poorer for...
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