Harley-Davidson posted a 24% dip in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures.
US stocks headed for the worst week since March as anxiety rose that central banks will have to ratchet rates higher to tamp down inflation. Treasuries led a rally in bonds on bets that excessive tightening will bring on sharp economic downturns.
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Investment banks have seen a plunge in deal making activity this year as choppy markets and aggressive interest rate hikes have forced lenders to pull back from financing large deals.
Foreign policy expert and former Trump adviser K.T. McFarland says Trump's strategy for global “energy dominance” made Putin too weak to invade Ukraine and it’s not too late for Biden to use the same tactics.
Economy skidding lower, in-line with slowing liquidity… – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.