Asia markets mixed as Australia raises interest rates; Baidu jumps on chatbot project
Investors in the Asia-Pacific await the Reserve Bank of Australia’s rate decision later in the day.
Stock futures inch higher as investors await Fed Chair Powell’s speech
Investors will listen closely to Federal Reserve Chairman Jerome Powell’s speech on Tuesday, searching for clues on what’s next for monetary policy.
U.S. Treasury bond yields rise — and stock markets fall — on January’s jobs report
January’s U.S. jobs report was so astoundingly positive on all fronts that caused U.S. Treasury yields to rise and stock markets to fall.
Winklevoss twins’ crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery
Gemini, the crypto exchange controlled by the Winklevoss twins, will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis.
Quake deaths pass 5,000 as Turkey, Syria seek survivors
Rescuers raced Tuesday to find survivors in buildings brought down by a 7.8 magnitude earthquake and multiple aftershocks that struck Turkey and Syria.
Microsoft likely to reveal ChatGPT-related service at event on Tuesday
Microsoft on Monday announced plans to host a news event that could be related to the AI chatbot ChatGPT.
A ‘huge pivot’ in China is fueling the emerging markets boom, says Jan van Eck
The change in approach goes beyond more relaxed Covid policies, van Eck said.
Failure to raise U.S. debt ceiling would lead to ‘economic and financial catastrophe,’ Yellen says
Treasury Secretary Janet Yellen warned that defaulting on the debt ceiling would lead to financial catastrophe.
More than 3,000 dead as two massive earthquakes rock Turkey and Syria
Residents joined rescuers to search for survivors in freezing conditions, with the death toll expected to rise after the initial 7.8-magnitude quake, which was centered near Gaziantep.
Why all the big bank equity analysts think the market is going to drop
After a stellar start to 2023, many big bank analysts are skeptical that this rally can continue. They are urging investors to prepare for another leg lower.
