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Stocks Plunge, Oil Soars as Markets Reel From Ukraine Invasion

Global stocks plunged, while oil soared after Russian President Vladimir Putin launched a military attack on Ukraine, on Thursday. Putin's moves drew universal condemnation from the West, making punishing sanctions all but certain. "The world is shocked as Russia launches...

US Markets Stabilize After Weekend Crash

The United States' financial markets stabilized on Monday after suffering their worst crash since 2020 last week. The markets pulled themselves back up amidst global turmoil surrounding the potential invasion of Ukraine and the introduction of a stricter Federal Reserve...

Stock Market Sees Double-Digit Gains in 2021 in Pandemic Rebound

The stock market is ending 2021 with near-historic highs after the slings and arrows thrown at it from yet another year of the pandemic. After a slight dip, the market is set to close at near-record high levels after an...

Stocks Sink After Discovery of New COVID Variant “Omicron”

The discovery of the new Omicron variant of Covid-19 sent financial markets into a spiral on Friday, causing the Dow Jones Industrial Average to lose over 1,000 points. Investors panicked following the variants detection in Botswana and South Africa, fearing...

Elon Musk Sells $5 Billion in Tesla Stock Following Twitter Poll

Elon Musk sold 4.5 million shares of his company, Tesla, worth $5 billion on Wednesday after he made a poll on Twitter asking users whether he should sell 10% of his stock in the company. Over 3 million Twitter users...

Elon Musk Agrees to Sell 10% of Tesla Stock After Twitter Poll

Elon Musk agreed to sell of 10% of his stock in Tesla on Monday after asking Twitter users to vote in a poll whether or not the clean energy and electric car company CEO should sell his shares. The Tesla...

Could China’s Evergrande Collapse Lead To New Global Recession?

China's Evergrande Group's debt crisis has led market analysts to whisper about a new "Lehman Brothers moment" in the world economy. The Chinese real estate giant has warned for months that it would be unable to fulfill its loan...

Bitcoin Tumbles After Tax Announcement; $200 Billion Wiped Off Market

Bitcoin took a gigantic plunge on Friday, wiping $200 billion off the market as the alternative currency plunged below $50,000.

Calamos CEO Touts Stock Market’s Opportunities as Pandemic Lifts

Greek-American John Koudounis, the Chief Executive Officer of Chicago-based Calamos Investments, oversees the firm’s day-to-day operations, its fiscal function and its overall performance. His responsibilities include managing operations, leading business and corporate development, and directing strategic growth initiatives. The CEO spoke to...

NBG Governor: '2016 Marks the Beginning of a New Course for NBG

National Bank of Greece Governor Louka Katseli noted: "2016 marks the beginning of a new course for National Bank, which next year celebrates its 175-year anniversary," on Monday, ahead of the listing of new shares in the stock market. Katselli...