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DE Shaw quant fund takes hit from markets gone haywire

DE Shaw’s priciest, most exclusive hedge fund has lost more than 9 per cent this month, a rare stumble from the...

Coronavirus: can the ECB’s ‘bazooka’ avert a eurozone crisis?

Much may depend on whether Germany is willing to bail out Italy    As the...

IMF Sees a Recession at Least as Bad as Global Financial Crisis

The International Monetary Fund said it expects a global recession this year that will be at least as severe as the downturn...

Fed announces asset purchases of whatever amount the markets need

U.S. stock futures dropped sharply on Monday as Wall Street awaited Washington lawmakers to agree to an economic stimulus and rescue plan...

ECB Launches New €750 Billion ‘Pandemic Emergency Purchase Program’. Says ‘Won’t Tolerate’ Virus Anymore

"The Governing Council will do everything necessary." When news broke on Wednesday that the ECB was...

Cartoon of the Day: Crushed

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