Asia-Pacific markets mixed as Japan stocks see second day of losses
Markets in the Asia-Pacific traded mixed after Wall Street ended its four-day losing streak as global bonds rose after the Bank of Japan adjusted its yield curve control tolerance.
Fund manager says a recession is ‘imminent’ — and names cheap stocks to play it
Fund manager Steven Glass likes cheap stocks with earnings visibility, including a Big Tech name he says looks “extremely cheap.”
Jim Cramer says these 7 stocks will be winners in 2023
Cramer said many of Wall Street’s concerns about the market are overblown.
FTX founder Sam Bankman-Fried will fly from Bahamas to U.S. Wednesday to face criminal charges
Sam Bankman-Fried is set to return to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.
Elon Musk tries to explain why Tesla shares are tanking
As Tesla shares sank 8% on Tuesday, reaching a new 52-week low, CEO Elon Musk tried to blame macroeconomic factors.
Dow closes up 500 points, lifted by upbeat earnings, strong consumer confidence data
Stocks rose after earnings reports from two bellwethers raised hopes that corporate earnings may be better than feared even with a potential looming recession.
White House and Congress prepare for possible visit from Ukrainian President Volodymyr Zelenskyy, sources say
Ukrainian President Zelenskyy could address a joint session of Congress in the House chamber on Wednesday, according to sources familiar.
Dwayne Johnson says ‘Black Adam 2’ won’t be part of new phase of DC movies at Warner Bros
A “Black Adam” sequel won’t be part of the next phase of DC movies from Warner Bros. Discovery, according to Dwayne Johnson.
FedEx plans more cost cuts as soft demand hurts profits
FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast.
Apple will reportedly begin producing some MacBooks in Vietnam in 2023 as it shifts from China
Apple will begin producing some of its MacBook computers in Vietnam next year, according to a Nikkei Asia report Tuesday.
