The flight from risky assets accelerated Monday, pummeling shares of big global banks and sending gold prices to their biggest one-day gain in more than a year.
Chesapeake Energy said it “has no plans to pursue bankruptcy” after reports intensified such fears, cutting its stock in half in early trading.
The technology sector is getting buffeted on multiple fronts. Relief could be a long time coming.
The country is trying to convince bond investors it will make good on $1.5 billion in debt due Feb. 26. Still, the market is showing a high probability for a default in five years.
After a rough January, here’s what investors can do to deal with what’s ahead.
In Disney’s quarterly results, the cord-cutting phenomenon and its impact on ESPN will likely overshadow success from ‘Star Wars: The Force Awakens.’
Stocks and bonds of European banks are selling off sharply. That is because a big profitability problem risks making their other, known issues worse.
Chesapeake Energy is in survival mode, but investors have reacted with undue alarm to steps it has taken to stay afloat.
Deutsche Bank’s shares dropped sharply Monday, losing almost 10% of their value as the battered European banking sector came in for fresh punishment.
Germany’s financial watchdog effectively shuttered a unit of Canada’s Maple Financial amid a tax investigation, prompting shareholder National Bank of Canada to warn that its capital level would take a hit.