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Stock Markets Today: US Futures Fall As Snap Warning Fuels Growth Fears

Snap's CEO warned of a challenging macroeconomic environment, while the euro rose after ECB chief Lagarde said interest rates are at a turning point.

United kingdomNaeem aslamChristine lagardeNeil wilsonEurope stoxxTerms of serviceEuropean central bankDow jonesEuropean central bank president christine lagardePurchasing managers indexShanghai composite indexHong kongHang seng indexMi exclusiveStock markets todayGlobal stocks

One Billionaire Minted Every 30 Hours During Pandemic: Oxfam

In 2021, China minted 62 new billionaires, including Chris Xu, the founder of online fashion giant Shein. The US produced 50 pandemic billionaires.

Social inequalityWealth distributionPoverty cycleCovid and economyAtie boon

China Economy Will Get Fresh Stimulus in Fight Against COVID: JPMorgan

China has a target growth rate of 5.5% growth for the economy this year, but its zero-COVID policy has raised some doubt about how it will achieve it.

Kerry craigPeople bankTerms of serviceFitch ratingsMi exclusiveChina stimulusCovid restrictionsChina economyCovid and economyChina covidEconomic growthEconomic activityZero covidChina inflationHamza fareed malik

UK Inflation Jumps to 40-Year High of 9% in April As Energy Prices Soar

April's UK inflation figures lift the chances of more interest-rate increases from the Bank of England, analysts said.

United kingdomMichael hewsonAndrew baileyNeil birrellTerms of serviceTreasury select committeeOffice for national statisticsNational statisticsPremier miton investorsMi exclusiveK inflationUk economyK cpi inflationCost of livingGlobal economyLobal economy and markets

Oil Price Today: Crude Slips As Chinese COVID Cases Rise

Crude fell towards $100 a barrel as rising Chinese COVID cases threatened the demand outlook.

United statesVladmir putinTerms of serviceInternational energy agencyChinese ministry of cultureSaxo bankWest texas intermediateQingming festivalChinese ministrySky news chineseUnited stateMi exclusiveOil 100Il 150Mil 200Oil amp gas

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