Barclays cuts China GDP outlook after forecasting U.S., Europe recession
Barclays cut its forecast for China’s economic growth next year to 3.8%, based partly on expectations of a drop in global demand for Chinese goods.
Elon Musk will begin laying off Twitter staffers, days after his $44 billion takeover
In an email to staff obtained by NBC News, Twitter said it would be “reducing our global workforce on Friday.”
This global biotech stock could soar 398% in the next year, Morgan Stanley says
The company develops regenerative cell medicines for issues such as strokes and traumatic brain injuries.
Holding on to your best people can be a mistake, says manufacturing CEO
As a manager, it can be tempting to do everything within your power to hold on to your best people. But that kind of thinking can ultimately backfire on you as a leader.
This tech stock is a ‘screaming buy’ right now: Ritholtz’s Josh Brown
“Don’t expect this to be a hot stock right now. But I think it’s insanely cheap,” Josh Brown, CEO of Ritholtz Wealth Management, said of one Big Tech firm.
Hong Kong’s Hang Seng index closes 5% higher on China reopening speculation; Asia markets mixed
Hong Kong stocks rose around 5% in a mixed Asia-Pacific session on Friday.
CNBC Stock World Cup 2022: Recap of winners and losers so far
If you invest today, which of the two companies going head to head will give you a greater total return over the next 12 months? We ask experts.
Dow closes 400 points higher, but snaps four-week win streak on rising rate fears
Stocks rallied on Friday as investors drew conflicting conclusions about what the latest payroll numbers mean for future Federal Reserve rate hikes.
U.S. Commerce Secretary Raimondo doubles down on Biden plan to restrict American companies, and citizens, from helping China make semiconductor chips
Commerce Secretary Gina Raimondo backs the Biden administration’s new rules against U.S. companies and citizens helping China manufacture semiconductors.
Hedge fund Elliott Management sees world on path to hyperinflation and worst crisis since WWII
Elliott said the steep losses in asset prices this year are insufficient to reflect the “current mess” and “extremely challenging” environment.
