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slobo/Getty Images (LONDON) — One of the oldest buildings in Copenhagen, Denmark, that was built in the 17th century has become engulfed in flames as rescue efforts are underway to salvage artwork and other valuable assets from the building. The Old Stock Exchange, located in the heart of downtown Copenhagen next to the Danish Parliament […]
Javier Ghersi/Getty Images (NEW YORK) — As long-standing recession alarms continue to blare from some forecasters, investors don’t appear to hear them. The S&P 500 — the index that most people’s 401(k)s track — has climbed more than 18% since the start of this year, while the tech-heavy Nasdaq has jumped a staggering 35%. The […]
Matteo Colombo/Getty Images (NEW YORK) — The U.S. could breach the debt ceiling as soon as next week, plunging the stock market by nearly half if a protracted default ensues, according to a White House projection. Stock investors, however, don’t seem worried — at least for now. All of the major stock indices have inched […]
Jackyenjoyphotography/Getty Images (NEW YORK) — High inflation, interest rate hikes and recession worries pummeled stocks last year. The market has rebounded in 2023, though, even as each of those problems continues to vex the economy. Compounding those concerns, the banking sector underwent a crisis last month and a debt ceiling dispute in Congress risks financial distress. […]
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