Leon CoopermanReuters/ Rick Wilking The US is going through a “textbook” financial crisis, according to billionaire Leon Cooperman. That means poor returns for stocks, he added, warning the S&P 500 wouldn’t hit a high again for a long time. Cooperman has warned markets of an coming recession, and said stocks […]

Japan’s economy unexpectedly shrank for the first time in a year in the third quarter, stoking further uncertainty about the outlook as global recession risks, a weak yen and higher import costs took a toll on household consumption and businesses. The world’s third biggest economy has struggled to motor on […]