Hong Kong stocks fall 2% as Fed’s Powell hints at more rate hikes ahead
Hong Kong shares dropped more than 2% after Jerome Powell cautioned that interest rates may need to be higher than the central bank expected.
Dow finishes slightly lower as traders consider a faster Fed tightening cycle: Live updates
The Dow finished slightly lower Wednesday as the market fought to overcome Tuesday’s selloff and assessed the likelihood of higher rates.
Next-gen mobile internet — 6G — will launch in 2030, telecom bosses say, even as 5G adoption remains low
6G, the next generation of mobile internet after 5G, is likely to launch in 2030, top telco executives told CNBC.
This ETF only invests in women-led companies — and is expected to rise 20% this year
The WCEO ETF was set up because the “female factor” outperforms, according to its fund manager. Analysts expect it to increase by 20% over the next 12 months.
Tesla a ‘screaming buy’ or bellwether for zombie stocks? The bulls and bears state their case
Tesla has cut prices and teased a cheaper model. Will it thrive or is it just burning through cash? Here’s what the bulls and bears think.
DoubleLine’s Gundlach says the Fed is ‘very likely’ to hike rates by half point this month
Jeffrey Gundlach said it’s “very likely” that the Federal Reserve will raise interest rates by half a percentage point at its next policy meeting.
First Solar is trading at levels not seen in more than a decade. Here’s where it could go next — and whether you should buy it
Solar technology company First Solar has seen its shares skyrocket over the past few weeks — and many believe this is just the start for the company.
Treasury Secretary Yellen warns that losses tied to climate change could ‘cascade through the financial system’
Treasury Secretary Janet Yellen said a “delayed and disorderly transition” to a net-zero emissions economy could create shocks to the financial system.
Shares of this under-the-radar cell therapy stock are set to double, says Baird
Baird initiated coverage of bluebird bio with an outperform rating and $10 price target, which implies 104% upside from Monday’s close.
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated
Citing earlier data showing that inflation has reversed the deceleration in late 2022, Powell warned of tighter monetary policy ahead.
