London Stock Exchange Toby Melville | Reuters LONDON — The U.K. economic contraction of 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity. In its 2023 macro outlook, Goldman Sachs forecast a 1.2% contraction in the …

A pink Nezha V and black Nezha U Pro electric car models are on display at a store in Shanghai on Nov. 7, 2021. Costfoto | Future Publishing | Getty Images BEIJING — Another budget-priced electric car brand is taking off in China, this time selling compact SUVs. Nezha, named …

Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images BEIJING — Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators’ concerns. Since the …

CNBC’s Jim Cramer on Tuesday offered investors a collection of stocks that he believes will perform well this year. All of his picks are listed in the Dow Jones Industrial Average. related investing news “These companies tend to make things or do stuff at a profit while returning capital to …

New salary transparency laws are rolling out across the U.S. As of Jan. 1, three new states — California, Rhode Island and Washington — joined the chorus of states, cities and counties enacting salary transparency laws intended to give workers more leverage to negotiate their earnings and close wage gaps. …

As recession fears and layoffs make the headlines, fresh graduates may find themselves stumbling into an uncertain job market.  A recent survey of 1,000 U.S. graduates aged between 18 and 54 in the last 12 months indicated that many are anxious about their “career readiness.” Almost half of recent graduates said they didn’t …

Hertz Global Holdings Inc: “I want to buy that stock for my Charitable Trust. I’ve actually been thinking about that. With [CEO Stephen] Scherr in your corner, you can’t miss.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term …

CNBC’s Jim Cramer on Tuesday reminded investors that the new year didn’t bring about a new economy. “The fundamentals are what matters and, sadly, we have not turned the page on this economy — just the calendar,” he said. Stocks slipped on Tuesday to kick off the year, as rising …

Sometimes a little perspective is needed to really drive home the magnitude of a specific statistic. That’s the case with the gigantic losses tallied by Apple and Amazon last year. The two stocks were the biggest losers of market cap in 2022. Apple shed $846.34 billion in value and Amazon …

CNBC’s Jim Cramer on Tuesday said that certain commodities could make a comeback soon. “The charts, as interpreted by Carley Garner, tell us that the boom and bust cycle in commodities never stops, and right now that’s good news for oil, … natural gas and wheat prices,” he said. Commodities …