Biden administration may block Russian aluminum imports
The Biden administration is weighing restricting imports of Russian aluminum, a person briefed on the conversations told Reuters.
The yen may be weak, but Japan’s tourism isn’t expected to get a ‘bona fide’ rebound without Chinese visitors
After more than two years of strict Covid border controls, Japan reinstated visa-free travel to 68 countries on Tuesday.
Saudi Arabia rejects statements critical of OPEC+ oil cut
Saudi Arabia rejected as “not based on facts” statements criticizing the kingdom after an OPEC+ decision last week to cut its oil production target.
Asia-Pacific markets fall ahead of U.S. inflation data
Shares in the Asia-Pacific fell on Thursday as investors await inflation data from the U.S. due later stateside.
Inflation cut in half: Moody’s Analytics’ Mark Zandi sees major relief within six months
Prices should cool enough for the U.S. to avoid recession, according to Moody’s Analytics’ chief economist Mark Zandi.
Is Meta a stock to buy or dodge? Two tech investors face off
These are tumultuous times for Meta, with investors fleeing it and the metaverse facing struggles. Two pros make their case for and against the stock.
Goldman Sachs favors Tesla and another big automaker even during an economic slowdown
Goldman Sachs raises its forecasts for electric car sales and says Tesla and another big automaker will benefit from the Inflation Reduction Act.
The market for EV tech is revving up — and it’s a good time to cash in on these stocks, Citi says
The bank says this technology could be the next big thing to power electric vehicles — naming it one of the 10 fastest-growing markets in industrial tech.
Dow closes 800 points higher after a historic one-day turnaround
Investors react to key consumer inflation data out on Thursday.
Jim Cramer says these 14 stocks are ‘about to pop’
To come up with the companies, he reviewed the S&P 500’s new 52-week low list.
