Market

Business

The Week in Business: The Fed Goes Big

Credit...Giacomo BagnaraWhat’s Up? (June 12-18) Largest Rate Increase Since 1994 In its moststriking move yet to rein in inflation, the…

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Business

Bitcoin Plummets Below $20,000 for First Time Since November 2020

SAN FRANCISCO — The price of Bitcoin fell below $20,000 for the first time since November 2020 on Saturday, amid…

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Business

Bear Markets and Recessions Happen More Often Than You Think

Spending money can be delightful. But losing it? If you are watching big chunks of hard-earned savings disappear, losing money…

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Business

Yes, Crypto Is Crashing Again. Blockchain Will Survive.

This week, the crypto market plummeted for the second time in a month, in tandem with a sharp drop in…

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Business

The Federal Reserve raises interest rates by 0.75 percentage points.

The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday, its biggest move since 1994, as…

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Business

How Much Can the Fed Do?

Protesting in support of employment rights outside the Fed building in Washington yesterday.Credit...Sarah Silbiger/ReutersAwaiting a big move on ...

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World

Celsius Network Leads Crypto Markets Into Another Free Fall

The offer seemed too good to pass up: Deposit your cryptocurrency, and receive a yield as high as 18 percent.…

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Business

Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell

Federal Reserve officials are meeting this week with one major goal in mind: Cooling the economy enough to slow rapid…

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Business

When Bears Attack

The room where it happens.Credit...Hiroko Masuike/The New York TimesWhat the market drop may mean The stock market fell 3.9 percent…

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Business

Wall Street Poised for Modest Rebound as Economic Pressures Persist

Wall Street appeared headed for a modest upswing when trading starts on Tuesday, a day after a market rout pushed…

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