Asia markets mixed as China cuts 1-year loan prime rate, but leaves 5-year rate unchanged
Investors will be looking if the world’s second largest economy will cut rates, after it unexpectedly trimmed medium term rates last week.
‘People are stupid’: Strategist sees big downside as stocks ignore global crises — and names what to own
David Roche of Independent Strategy said equity markets are relatively buoyant “because people are stupid” and overly complacent to global crises.
Goldman Sachs names 6 stocks set to beat ‘intense competition’ in the EV industry
Competition in the electric vehicle industry is getting fiercer. Goldman sees two groups of companies prevailing, naming six such stocks.
Uber and more: Bank of America names over 10 top stocks with ‘triple momentum’
Analysts at Bank of America screened for “triple momentum” stocks based on their momentum in three areas: earnings, price and positive news.
I was charged ‘junk fees’ by a New York City hotel. Here’s what happened next
Junk fees, resort fees, destination fees. Whatever you call them, mandatory hotel fees are on the rise, with new lawsuits and legislation aimed at reining them in.
CNBC Daily Open: A ‘perfect storm’ battered U.S. stocks
The S&P 500 started its plunge around mid-August last year, sunk by technology stocks. A year later, we’re experiencing an unwelcome sense of déjà vu.
Nasdaq snaps 4-day losing streak, tech shares rise despite higher yields
The Nasdaq Composite jumped Monday, led by tech shares, even as Treasury yields reached levels not seen in over a decade.
Value investing is having a moment in China. Here are some funds that are winning
China investing strategies that have paid off this year.
Zelenskyy vows retaliation for Chernihiv attack that killed 7 people and wounded almost 150
Ukrainian President Zelenskyy on Sunday vowed stern retaliation for a Russian missile strike in the center of the northern Ukrainian city of Chernihiv.
Spain wins its first Women’s World Cup title, beating England 1-0 in the final
Spain won its first Women’s World Cup title less than a year after a player rebellion, holding off England 1-0 on Sunday after Olga Carmona’s first-half goal.