Stocks extend rally despite negative GDP data

U.S. stocks rose sharply Thursday even as new data showed financial action contracted for the next-straight quarter in Q2. The benchmark S&P 500 index climbed 1.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, bringing overall gains for…

Stocks sink as Dimon warns of ‘negative consequences’ from inflation, Fed

U.S. stocks fell Thursday as buyers reeled from shock inflation knowledge and digested earnings from some of Wall Street’s big financial institutions. The S&P 500 and Dow each dropped 1.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}…

Elon Musk calls for increase in US oil, gas production to combat Russia despite negative effect on Tesla

University of Louisville economics professor Alexei Izyumov predicts the oil current market will carry inflation and desire charges even higher. Tesla co-founder and CEO Elon Musk referred to as on…

Yuzhou Group Holdings Company Limited — Moody’s downgrades Yuzhou to Caa2/Caa3; outlook negative

Rating Action: Moody’s downgrades Yuzhou to Caa2/Caa3; outlook negativeGlobal Credit Research – 10 Jan 2022Hong Kong, January 10, 2022 — Moody’s Investors Service has downgraded the corporate family rating (CFR)…

Nissan Motor Acceptance Company LLC — Moody’s affirms at Baa3 Nissan Motor Acceptance’s long-term senior unsecured ratings; changes outlook to stable from negative

Rating Action: Moody’s affirms at Baa3 Nissan Motor Acceptance’s long-term senior unsecured ratings; changes outlook to stable from negativeGlobal Credit Research – 13 Dec 2021New York, December 13, 2021 —…