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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking SectorRoughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail […]

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning

Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not ReturningBlackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023 Global Outlook report, Blackrock states that a new economic playbook is required in a world defined by a supply-based economy […]

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report