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Monthly Archives: April 2023

Here’s how Jim Cramer thinks the banking crisis will impact consumers

While Federal Reserve interest rate hikes may have slowed, the economic downturn they could have brought on is still possible, CNBC’s Jim Cramer said on “Mad Money” on Monday. That’s because the banking crisis that began with Silicon Valley Bank could very well “hasten the downturn that never seemed able …

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After volatile Q1, analysts still relatively upbeat about APAC markets

“China’s growth recovery and north Asia’s earnings rebound in 2024 remain our key investment themes and overweight areas,” Goldman Sachs’ strategists, led by Timothy Moe, wrote in a Saturday note. Vcg | Visual China Group | Getty Images It’s been a dramatic quarter for Asia-Pacific stock markets, but strategists are …

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LavaBox CEO is great example for ‘Shark Tank’ contestants

Successful business owners do at least one thing in common, according to Mark Cuban: They experiment. Take Josh Thurmond, whose 3-year-old company LavaBox sells portable campfires — think Solo Stoves, but smaller — that took repeated trial-and-error to finally get right, he said on Friday’s episode of ABC’s “Shark Tank.” …

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Janet Yellen says OPEC+ production cut is an ‘unconstructive act’

U.S. Secretary of the Treasury Janet Yellen delivers opening remarks during an event highlighting “anti-corruption work as a cornerstone of a fair, accountable, and democratic economy” as part of the 2023 Summit for Democracy at the Treasury Department on March 28, 2023 in Washington, DC. Alex Wong | Getty Images …

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TSLA, MRO, WWE, UNH and more

A vehicle charges a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares dropped 6% after the electric-vehicle maker reported total deliveries of 422,875 and total …

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Apple’s Tim Cook, Disney’s Bob Iger to discuss China with lawmakers

Rep. Mike Gallagher (R-WI) (C), chair of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, joins Rep. Elise Stefanik (R-NY) (L) and Majority Whip Steve Scalise (R-LA) for a news conference following a GOP caucus meeting at the Republican National Committee …

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Dogecoin jumps over 30% after Twitter changes logo to doge’s symbol

The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. Jakub Porzycki | NurPhoto via Getty Images Niche cryptocurrency dogecoin spiked more than 30% on Monday after Twitter CEO Elon …

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What to know before moving abroad to work or retire

Chuyn | Istock | Getty Images If you’ve dreamed of working or retiring abroad, you may be tempted by the possibility of cheaper housing or health care. But there are some things to consider before making the jump. Jude Boudreaux, partner and senior financial planner with The Planning Center in …

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Google to save money on employee laptops, services and staplers

Ruth Porat, Alphabet CFO Adam Galica | CNBC Google’s finance chief Ruth Porat recently said in a rare companywide email that the company is making cuts to employee services. “These are big, multi-year efforts,” Porat said in a Friday email titled: “Our company-wide OKR on durable savings.” Elements of the …

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March’s bank failures show options can be tricky even when retail traders pick big winners

A woman leaves a Signature Bank branch on March 13, 2023 in New York City. The bank was closed by regulators Sunday. Leonardo Munoz | View Press | Corbis News | Getty Images The sudden failures of Silicon Valley Bank and Signature Bank last month created a nervous waiting game …

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