‘Attractive risk-reward’: Gold to rally by a double-digit percentage in 2023, UBS says
Gold is down 18% since March, but UBS says it has major upside looking ahead and recommends investors go long on the precious metal.
Markets will rally into year-end, says Morgan Stanley’s Slimmon, who names 3 stocks to buy
Portfolio manager Andrew Slimmon expects the market to rally into the year end — but one sector will be the exception.
Stocks rally for a third day ahead of midterm election results, Dow closes 300 points higher
Investors turned their focus toward the midterms, which will determine which party controls Congress.
From Teslas to BMWs, cars are piling up on land and at sea in German port of Bremerhaven
Cars from Tesla, BMW, Stellantis, Renault and Volvo are piling up at a German port and a major auto exporter is pulling back on its shipping commitments.
Bitcoin slumps ahead of midterms, and FTX addresses slow withdrawals: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Buffett’s billions in cash turn from stock drag to Berkshire bull case with yields topping 4%
Berkshire Hathaway saw interest and other investment income increase $256 million in the third quarter, marking a 181.6% jump from a year ago.
Feds announce seizure of $3.36 billion in bitcoin stolen a decade ago from illegal Silk Road marketplace—the second-largest crypto recovery
James Zhong, of Gainesville, Georgia, pleaded guilty Friday to wire fraud in the theft of about $3.36 billion in bitcoin from the illegal Silk Road marketplace.
Why technology spending will rise even as tech stocks tank and layoffs mount
Companies that spend on technology during downturns historically outperform in recoveries. Covid accelerated spending, but the long-term trend won’t change.
Jailed British-Egyptian activist escalates hunger strike by refusing water as COP27 gets underway
Jailed British-Egyptian activist Alaa Abdel-Fattah has stopped drinking water in a desperate attempt to push Egypt to allow him U.K. consular access.
We’re on a ‘highway to climate hell,’ UN chief Guterres says, calling for a global phase-out of coal
Antonio Guterres’ comments came during a speech at the COP27 climate change summit in Sharm el-Sheikh, Egypt.
