Wall Street rises on upbeat trade newsU.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its tradin…Read More
Venezuelans rush to shop, fill tanks before monetary overhaulJittery Venezuelans on Friday rushed to shops and lined up at gas stations on concerns that a monetary overhaul to lop off five zeros from prices in response to hyperinflation could wreak financial havoc and make basic commer…Read More
Moody's downgrades Turkey to Ba3, assigns negative outlookMoody's cut Turkey's sovereign credit rating deeper into "junk" territory on Friday, citing a weakening of public institutions and the related reduction in the predictability of policy making in a country which is facing a cu…Read More
S&P lowers Turkey's credit rating deeper into junk territoryStandard & Poor's said on Friday it had cut Turkey's sovereign credit rating deeper into "junk" territory, citing extreme lira volatility and forecasting a recession next year, adding to the country's woes as it deals wit…Read More
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