Goldman Sachs: Stocks Will Fall as Uncertainty Rises
Analysis predicts a S&P 500 falloff of up to 10% before rebounding.
Brexit Jolts U.S. Pension Plan Funding Levels
A Mercer survey finds the funded status of S&P 1500 plans dropped to 76% after the U.K.'s vote to leave the EU.
EU Backs Liquidity Guarantees for Italian Banks
The liquidity support was approved under the EC’s 'extraordinary crisis rules for state aid to banks.'
U.K. Economy Faces ‘Significant Slowdown’: S&P
The United Kingdom thrived as an EU member, and leaving will destabilize the economy and the country's finances, says S&P.
U.K. Firms’ Shares Tumble on Brexit Concerns
Real estate firm Foxtons and the easyJet airline both predict negative fallout from the U.K.'s vote to leave the European Union.
Britons’ Tweets Foreshadowed Brexit Vote
Defying pollsters' prognostications, nearly two-thirds of tweets from the U.K. in the days before the vote indicated support for leaving the EU.
Central Banks Move to Ease Brexit Fallout
Britain's vote to leave the EU could put a dent in the Fed's plans to raise interest rates again this year.
S&P Signals Downgrade in U.K. Credit Rating
The "Brexit" will deter investment in the U.K.'s economy and put its financial sector at a competitive disadvantage, S&P predicts.
Corporate Cash Piling up as Brexit Vote Nears
A vote would cost U.S. based-companies money in currency swings, a shrinking market for their wares, and possible relocation costs, experts say.
Supreme Court Throws Out EU’s RICO Lawsuit
The U.S. Supreme Court dismissed a lawsuit filed by the European Union that claimed Reynolds American engaged in a pattern of racketeering activity.
IMF Sees Brexit Having Negative Economic Effect
"The balance of evidence points to notable downward economic risks to the U.K. economy" if the country leaves the EU, the Fund warns.