Home / 2022 / October (page 40)

Monthly Archives: October 2022

UK cliff edge arrives as Bank of England prepares to end bond buying

The Bank’s Financial Stability Committee on Sep. 28 announced a two-week emergency purchase program for long-dated U.K. government bonds. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England’s emergency bond-buying program draws to a close on Friday, with traders remaining on edge as volatility in the U.K. …

Read More »

Russia looks to deprive Ukrainians of water and electricity supplies

A fire engine stand in front of a burning electrical substation during extinguishing a fire on September 11, 2022 in Kharkiv, Ukraine. Two people died after a rocket hit an electrical substation on the outskirts of Kharkiv. Explosions in the city rang out at 8:00 p.m. As a result of …

Read More »

Consumer prices jump by the most in more than 2 years

China’s consumer price index increased by 2.8% in September from a year ago as prices of food, especially pork, rose. Future Publishing | Future Publishing | Getty Images BEIJING — China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the …

Read More »

Jim Cramer says 3 factors foreshadowed Thursday’s market comeback

CNBC’s Jim Cramer on Thursday said that there were three indicators during Thursday’s trading session that suggested the initial market sell-off would fizzle out. Stocks made a stunning reversal on Thursday after the market fought off a hotter-than-expected consumer price index report to snap a six-day losing streak.  The Dow …

Read More »

China is no longer just any emerging market

A worker disinfects the Sanlitun shopping complex in Beijing in June as stores in the area were closed for three days after a Covid outbreak. There’s greater caution on China this year, as stringent Covid controls drag on and as growth takes a backseat. Analysts note longer-term trends of China’s …

Read More »

Xi Jinping’s tech policy in focus

Chinese President Xi Jinping proposing a toast at the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People on April 26, 2019 in Beijing, China. Nicolas Asfouri | Getty Images Xi Jinping once declared China should “prioritize innovation” and be on the …

Read More »

Twitter seeking documents related to SEC investigation of Elon Musk

Pool | Getty Images Entertainment | Getty Images Twitter said in a court filing released on Thursday that it’s trying to obtain documents from Elon Musk related to a federal investigation into the Tesla CEO’s $44 billion bid for the company. Lawyers representing Twitter said the company first asked for …

Read More »

Here’s why Cramer thinks L3Harris Technologies stock is a buy

CNBC’s Jim Cramer on Thursday gave investors his blessing to buy shares of L3Harris Technologies, an aerospace and defense play. “Recently, the stock’s come down dramatically from its highs. I think it’s gotten to levels where you have to pounce,” he said. Cramer said that the stock, which he’s liked …

Read More »

How students can make the most of professional networking sites

When it comes to social media, many of us, especially Gen Zers, go the extra mile to make sure our profiles are aesthetic. However, most of us don’t put that same dedication toward professional networking platforms, which could be hindering potential job opportunities. According to recent data from LinkedIn, job …

Read More »

You are fighting the Fed with Discover Financial

Royalty Pharma PLC: “I like it, and I’m going to stick with it. It’s not big, but it’s not bad.” Tellurian Inc: “It’s at $2, and stocks stop at $0. They don’t go to minus $2. So, I’m okay with Tellurian.” Zoetis Inc: “I think the stock is now undervalued. …

Read More »