Last week, Hindenburg Research had accused the Adani Group of pulling off what it headlined as the “largest con in corporate history,” alleging ‘stock manipulation, accounting fraud, and substantial leverage.’
Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central
US stocks closed slightly lower as consumer confidence fell to a significant low not seen in over 12 years. Rising government bond yields have affected
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