Musk fired key Twitter executives Thursday, one of his first moves as the official owner of the social media platform.
Fed will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023.
Didn't take long for first cracks to appear. An announcement of blueprint triggered a sell-off in bank's stock that lobbed more than 2B Swiss francs.
A heap of distressed debt is expanding in the US corporate bond market and investors worry that a burst of defaults will follow.