China’s YMTC denies report it took part in meetings on chip curbs
Chinese chip maker Yangtze Memory Technologies (YMTC) denied a report that it had participated in emergency meetings to discuss the impact of U.S. sanctions.
A recession looks increasingly likely. But Goldman Sachs says these stocks could beat the gloom
“The macro picture is arguably more challenging than it has been for some time,” says the bank, which is favoring a barbell strategy for the recession jitters.
Japan’s consumer inflation hits 8-year high in test of central bank’s dovish policy
Japan’s core consumer prices rose 3.0% in September from a year earlier, data showed on Friday, marking the fastest pace in eight years.
Stay invested in chip stocks, says one fund manager — who reveals how he’s trading the sector
The MSCI Semiconductor Index is down by 43% in 2022. Should investors hold or sell the sector? Fund manager Brian Arcese shares his ideas.
Yields are popping. Here’s how you can jump on the ‘short-lived’ opportunity, according to analysts
“Bonds may now offer more ballast against volatile equity positions — an added boon in case of recession,” says one strategist.
Sanctions on Russia aluminum could send ripple effects through global supply chains
Aluminum is the latest casualty of global economic headwinds as prices sink amid alleged dumping of Russian aluminum, weakening demand across the world including China and soaring operational costs.
Asia markets fall as fears of rising rates persist; yen at 150-levels
Shares in the Asia-Pacific fell on Friday as investors weigh inflation data from several economies.
Dow climbs more than 700 points on Friday as Wall Street clinches its best week since June
The major averages notched notable gains for the week.
Recent earnings reports show the Fed is finally making progress tamping down inflation, Cramer says
Stocks fell for the second consecutive day on mixed earnings reports that kept the market from reviving its rallies from earlier in the week.
This 37-year-old quit her job and now makes $10,000 a month in passive income: ‘I wanted to be my own boss’
After a layoff, Yo Quiero Dinero founder Jannese Torres was determined to be her own boss. Today, she has 10 income streams that bring in $10,000 a month in passive income. Here’s her best business advice.
