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Monthly Archives: November 2022

Bank of England set for biggest rate hike in 33 years, but economists expect dovish tilt

Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The market expects the Bank of England to raise interest rates by 75 basis …

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Goldman Sachs expects European gas prices to tumble 30%

European gas prices are expected to drop to 85 euros megawatt hour in the coming months, said Goldman Sachs Krisztian Bocsi | Bloomberg | Getty Images Goldman Sachs predicts that European natural gas prices would drop by about 30% in the coming months as nations gain a temporary upper hand …

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Xpeng electric car deliveries drop in October to half of Nio’s

Xpeng said deliveries of its newly launched G9 SUV surged in October from September, despite a drop in the brand’s overall monthly deliveries. China News Service | China News Service | Getty Images BEIJING — Chinese electric car startup Xpeng delivered about half the number of cars that rivals Nio …

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She built a startup that raised millions, shares 3 tips

Launching a startup without any business experience may be daunting. But that didn’t stop Chrisanti Indiana — who was just 24 years old when she co-founded Social Bella.  “You have nothing to lose, that’s actually the benefit of starting young,” Indiana, now 31, told CNBC Make It.  The Indonesian beauty …

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Twitter reassures employees vested shares will be paid out this month

The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images After Elon Musk closed his $44 billion purchase of Twitter last week, employees at the company braced for job cuts. Some told CNBC they were worried about losing …

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How Taylor Swift turned ‘Midnights’ into her biggest album success yet

Taylor Swift during an interview with host Jimmy Fallon on Monday, October 24, 2022 Nbc | Nbcuniversal | Getty Images Taylor Swift’s “Midnights” may have left the indie-folk lovers of her previous albums disappointed, but breaking several sales and streaming records within its release week, including taking all of the …

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These 8 stocks can withstand the Fed’s tightening cycle

CNBC’s Jim Cramer on Tuesday offered investors a list of stocks that he thinks will weather the market turbulence ahead. Here are his picks: Constellation Brands Eli Lilly Mondelez Kraft Kellogg Colgate Procter & Gamble Johnson & Johnson “You have to go to the new leaders of this market. Leaders …

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Manulife is not a buy

Tellurian Inc: “I am still in the buy, buy, buy. … It’s early in the game.” Planet Labs PBC: “It’s a really interesting concept. Sometimes you can own a concept. That’s a concept.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help …

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I bonds pay 6.89%—here’s why they ‘could still be a good investment’

The U.S. Department of the Treasury on Tuesday announced Series I savings bonds — also known simply as I bonds — will pay a 6.89% annual interest rate through April 2023, down from the 9.62% the paid to those who purchased from May through the end of October. It’s the …

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AMD earnings Q3 2022

AMD President and CEO Lisa Su speaks during an AMD event at CES in Las Vegas on Jan. 6, 2020. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices shares rose as much as 3% in extended trading on Tuesday after the chipmaker announced earnings and quarterly guidance that …

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