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Tag

market downturn

2 articles

CoinEx Shuts Down After 9 Years, Dec. 22 Deadline to Withdraw
Digital Assets29d ago
CoinEx Shuts Down After 9 Years, Dec. 22 Deadline to Withdraw
The exchange cited rising compliance costs and market downturn as founder Yang Haipo rejected a sale and chose orderly wind-down with full asset backing.
Budget Airlines Grounded: Fuel Costs Decimate Margins, Sell UAL, LUV
U.S. Equities198d ago
Budget Airlines Grounded: Fuel Costs Decimate Margins, Sell UAL, LUV
The era of ultra-cheap airfares is ending as surging fuel prices rip through budget airline profitability, forcing a re-evaluation of sector valuations and investor expectations.