Wall Street says a recession is coming. One investment pro names her favorite stocks to tough it out
The U.S. economy is on the cusp of a recession, according to several Wall Street pros. Veteran investor Nancy Tengler names four stocks to own as growth slows.
These 4 global consumer tech stocks are set to win on China reopening, HSBC says
The Asia-focused bank said a faster-than-expected recovery of consumer electronics in the coming months will benefit four under-the-radar global stocks.
Dow tumbles 300 points Friday, posts worst week since September
The Dow posted its worst week since September.
Turkey is stopping oil not under Russian sanctions, raising global energy market supply concerns
Much of the oil being held up by Turkey is Kazakh-origin and not subject to a Russian crude price cap, but shipment delays may impact the global energy market.
SpaceX, Tesla, and Boring Company execs are helping Elon Musk at Twitter, records reveal
According to internal records, executives from SpaceX, Tesla and The Boring Company are authorized to work for Elon Musk at Twitter as of early December.
Lululemon shares fall after company offers weak holiday quarter guidance
Lululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter.
SEC issues new guidance requiring companies to disclose cryptocurrency risks
Under the new SEC guidance, companies will have to include crypto asset holdings as well as their risk exposure to the FTX bankruptcy in their public filings.
FTC sues to block Microsoft’s acquisition of Activision Blizzard
This isn’t Microsoft’s first run-in with U.S. regulators. Microsoft said it did believe in giving peace a chance. Now it looks forward to a court appearance.
33-year-old jewelry designer ditched Amazon and Walmart, now brings in $4.8 mil/year: Big companies ‘make such stupid mistakes’
Al Sandimirova’s jewelry company Automic Gold brought in $1.4 million more in annual revenue after splitting with major retailers like Amazon, Walmart and eBay.
Saudi Arabia reports its first budget surplus in nearly 10 years on higher oil prices
The 2022 surplus came to 102 billion riyals ($27 billion), constituting 2.6% of Saudi gross domestic product, the kingdom’s finance ministry said.
