Europe stocks are set to outperform the U.S. in first half of 2024, strategists say
Despite immediate-term headwinds, strategists say they’re overweight Europe stocks versus the U.S.
EU at critical juncture over aid to Ukraine at the bloc’s final summit of 2023
Internal divisions within the EU are threatening any significant action toward Kyiv.
Putin says goals in Ukraine have ‘not changed’ and war will continue until Kyiv agrees a deal
Russian President Vladimir Putin held his annual phone-in with the Russian public on Thursday, as well as his end-of-year press conference.
‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management
Markets have entered a “new paradigm” as the global order fragments, while heightened recession risk means “bonds are back,” according to HSBC Asset Management.
CNBC Daily Open: Dow hits record high — thanks to the Fed
The Federal Reserve’s meeting yesterday showed monetary policy’s still effective — and it still has an outsized impact on financial markets.
ChatGPT back online after ‘major outage,’ OpenAI says
OpenAI said Thursday a major outage on ChatGPT, its artificial intelligence chatbot, was resolved.
Why ‘you can do anything’ isn’t a good thing to say to kids. Here’s how to inspire them instead
“‘You can do anything,’ is positive, but it’s very generalized,” according to psychotherapist Joanna North, and kids need specific aims.
Manhattan median rent falls for the first time in over two years
The median rent in Manhattan fell 2% in November, to $4,000 from $4,095, according to Douglas Elliman and Miller Samuel.
Temu files fresh lawsuit against Shein, accusing its rival of ‘mafia-style intimidation’
Temu alleged that fast-fashion brand Shein infringed on its intellectual property rights, falsely imprisoned its merchants, among other moves.
Asia markets end mostly mixed as Fed signals cuts next year
The U.S. Federal Reserve held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.
