The Wall Street Journal

Deadly fungal infections are spreading across the U.S. as temperatures go up

The hedge-fund star who says we're heading for "the greatest tinderbox-timebomb in financial history"

• tinderbox: 부싯깃 통; (위험한 사태의) 불씨

How one man built a $147 billion fortune - and could now lose it because of a short seller

Breaking News

fedEx is laying off more than 10% of its officers and directors as the company cuts costs

Rivian plans to cut another 6% of its workforce, the latest in the electric-vehicle startup's efforts to preserve cash

Adani has scrapped a blockbuster $2.5 billion share sale as it grapples with the fallout from fraud allegations by a U.S. short seller

The Fed raised interest rates by a quarter percentage point and signaled a likely increase in March

The FTC has lost an antitrust case seeking to block Meta's acquisition of a virtual-reality startup, a person familiar with the ruling said

Meta's share jumped 18% in after-hours trading after the Facebook parent announced a $40 billion increase to its buyback program

Biden and McCarthy began debt-ceiling negotiations, with the House speaker expressing cautious optimism that they can strike a deal to avoid a default

Bed Bath & Beyond missed interest payments on its bonds, after it warned in January of a potential bankruptcy filing and said it's running low on funds

The Bank of England raised rates by a half percentage point, to 4%, but signaled it might pause its increases as the economy struggles and inflation slows

The European Central Bank increased its key interest rate by a half perecentage point, diverging from the Fed, and signaled it would keep pushing it higher

Meta stock jumped about 20% at the open, on track for one of its best days ever, after the Facebook parent reported improving business conditions

Live Markets Updates

Stocks rallied after the Fed continued to slow its pace of rate increases, The Nasdaq gained 2%

<Reference: Wall Street Journal>