On Jan. 3, 2022, the S&P 500 index peaked at almost 4,800. It would subsequently close the year with a loss of 20 percent due to high inflation, a tightening Fed, the consequences of the Ukraine war and a faltering China, among other factors. The International Monetary Fund now assumes that one-third of the global economy will experience a recession this year. Will 2023 be another […]
Sajid Javid, the former chancellor of the exchequer, is in talks about a role with an investment firm with close links to SoftBank, the giant Japanese conglomerate. Sky News has learnt that Mr Javid, who recently announced that he would not stand for re-election in his Bromsgrove seat, has held preliminary talks with Centricus, a […]
In today’s video, Jose Najarro and Nick Rossolillo discuss Nvidia (NVDA 4.16%), Advanced Micro Devices (AMD 2.62%), and Invesco PHLX Semiconductor ETF (SOXQ 4.68%). Jose has an interesting approach to getting exposure in chip stocks, but does Nick agree? Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the […]
A not-so-strong employment picture in December and a contraction in service sector activity showed that inflation may be cooling and that the Federal Reserve may not unleash a slew of rate hikes this year, as it did last year. Per the U.S. Bureau of Labor Statistics, employers in the United States added 223,000 jobs last […]
Wrestling veteran Vince Russo is far from pleased with the rumors of The Hurt Business reuniting on WWE RAW. One of the global juggernaut’s best creations during the Covid-19 pandemic was The Hurt Business. Bobby Lashley, MVP, Cedric Alexander, and Shelton Benjamin dominated RAW for many months before Lashley threw Alexander and Benjamin out of […]
What happened Investors in the electric vehicle (EV) sector had a bad final month of 2022. Chinese EV maker Nio (NIO -4.51%), battery developer QuantumScape (QS 4.25%), and charging network company ChargePoint (CHPT 1.01%) all dropped more than 20% in December. Nio lost 23.7%, QuantumScape 24.3%, and ChargePoint dropped 23.3%, according to data from S&P […]
Hedge funds are growing ever more bearish on the dollar, underscoring speculation the Fed may slow the pace of its interest-rate hikes https://t.co/oHml9dKTCC— Bloomberg (@business) January 9, 2023 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly […]
Joe Hardy III, a business titan and philanthropist who turned a small cash-and-carry lumberyard business in Eighty-Four, Washington County, into the nation’s largest privately held building materials supplier, died on Saturday, his 100th birthday. Hardy, who founded 84 Lumber and Nemacolin Woodlands Resort in Fayette County, was remembered by his family as a brilliant businessman […]
Yogi Adityanath has started his second term at the office with an Arjuna-like focus on the US one trillion dollars economy target for Uttar Pradesh. Just after the 2022 Assembly elections victory, even before taking the oath of office, his team floated the RFP to engage a consultant for the US 1 trillion dollars economy […]
Will US consumer price growth have cooled again in December? Investors and economists are betting that the Federal Reserve’s aggressive monetary campaign will have slowed consumer price growth once again in December. The Bureau of Labor Statistics on Thursday will release its consumer price index data for the month before, with market participants surveyed by […]
