Tag: Recessions and depressions
Steward Health Care says it is selling the 30+ hospitals it operates nationwide
Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection.The Dallas-based...
FTX says most customers will get all money back, less that 2 years after catastrophic collapse
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange...
Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on...
IMF approves immediate release of final $1.1 billion tranche of $3 billion bailout to Pakistan
KABUL, Afghanistan -- The International Monetary Fund on Monday approved the immediate release of the final $1.1 billion tranche of a $3 billion...
JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing
NEW YORK -- JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as...
Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
BANGKOK -- Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure...