Asia-Pacific markets mixed; Beijing eases some Covid measures
Shares in the Asia-Pacific were mixed on Tuesday after Wall Street sold off overnight on fears that the Fed will keep increasing interest rates.
S&P 500 closes lower for a fourth straight day as recession worries jolt markets
Stocks fell Tuesday as fears of even higher rates and a looming recession sparked a continued selloff.
Microsoft-backed start-up Heirloom uses limestone to capture CO2
Heirloom says it plans to deploy its first site next year and aims to remove 1 billion tons of CO2 by 2035. It also sells carbon credits.
Stock-picking mutual funds are having their best year since 2007. Here’s what they are buying
Mutual funds are on track to enjoy their best year since 2007, thanks to their winning stock picks and big cash piles during a tumultuous year.
Tankers seen heading to Russia as oil price cap goes into effect on exports
Two tankers are heading to Russia expecting to be filled with oil as a price cap on exports from a coalition of Western countries goes into affect.
17-year-old ‘Shark Tank’ contestant made slime in his garage, sold it to his friends, brought in $1 million in just 3 years
Teenager Mark Lin brought his slime company Sliimeyhoney, which has brought in at least $1.2 million since 2020, to “Shark Tank.” He left with a $150,000 deal from Daymond John.
Iran’s state media denies abolition of ‘morality police’ as three-day strike begins
Some Western media outlets are facing backlash over headlines claiming that Iran was abolishing its “morality police.”
These are JPMorgan’s top stock picks for December
The firm removed one big stock, while adding two lesser-known names.
Tax credits for EU electric vehicles to dominate U.S. trade talks
The EU fears the U.S. Inflation Reduction Act (IRA) would damage European automakers.
Dan Niles sees a ‘last gasp’ rally between now and Christmas before things get ugly again in 2023
Niles believes after the year-end rally, stocks could see more losses as corporate earnings are about to deteriorate.
