A key threshold awaits the S&P 500, which could test the staying power of this October rally
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.
Goldman says dividend growth stocks win in recessions – here are 10
Companies that consistently boost their dividend payouts tend to outperform in recessions, according to Goldman Sachs.
World needs to accept the urgent need for fossil fuel investment now, BP CEO says
Bernard Looney’s comments were made during a panel discussion at the ADIPEC conference in Abu Dhabi.
Self-driving truck startup TuSimple fires its CEO over improper ties to a Chinese firm
TuSimple fired its CEO after its board found improper dealings with a Chinese startup.
JPMorgan Chase wants to disrupt the rent check with its payments platform for landlords and tenants
Digital payments have steadily taken over more of the world’s transactions, but there is one corner where paper still reigns supreme: the monthly rent check.
Fearing Covid, workers flee from Foxconn’s vast Chinese iPhone plant
Workers at an iPhone assembly plant walked away from the factory in central China after Covid outbreaks led to a lockdown.
Wheat prices jump by nearly 6% after Russia withdraws from vital Ukrainian export deal
Global wheat prices have risen following Russia’s withdrawal from the Black Sea grain export deal.
Biden lost temper with Zelenskyy in June phone call when Ukrainian leader asked for more aid
Biden had barely finished telling Zelenskyy he’d just greenlighted another $1 billion in military assistance when the Ukrainian president started listing all the additional help he needed.
Germany’s pension system will collapse without reform, influential lobby group says
Germany’s pension system will collapse without reform, employment association president tells German newspaper Bild.
Euro zone inflation hits record high of 10.7% as growth slows sharply
Preliminary data on Monday showed headline inflation came in at an annual 10.7% this month — the highest ever on record.
