Japan’s stock markets are on a tear. Will ‘zombie’ firms threaten the bull run?
As interest rates rise, there are concerns that zombie companies will be at greater risk of bankruptcy and bailouts, which could lead to a broader economic fallout.
This index will beat the S&P 500, with inflation set to be among 2024’s ‘biggest risks,’ BofA says
The index identified by the Wall Street bank outperformed the S&P 500 in 2022 when inflation was investors’ prime concern.
S&P 500 closes above 5,000 for first time ever, notches fifth straight winning week: Live updates
A solid earnings season, easing inflation data and a resilient economy have fueled the market rally into 2024, as the S&P 500 secured a fifth winning week.
CNBC Pro Talks: How to protect your portfolio amid rising geopolitical risks
Chaos in the Middle East and the Red Sea. Two years of war in Ukraine. Tensions in the South China Sea. Geopolitical risks are rising around the globe, making it a tough and uncertain time for investors. In the second Pro Talk of 2024, CNBC’s Morgan Br…
Trade leaders urge governments around the world to join Red Sea military effort
The U.S.-coordinated Red Sea defense effort, Operation Prosperity Guardian, has 23 member countries, but trade groups are calling on more nations to join.
Wharton’s Jeremy Siegel says the S&P 500 isn’t overvalued, even as it crosses 5,000 for the first time
“I don’t think right now the market is overvalued for a long-term investor by any means,” said Wharton’s Jeremy Siegel.
Has happy hour been replaced? A recent report shows this after-work activity is the new norm
Happy hour after a long day at work may be losing its draw on employees, and working out may be taking its place as the new “happy hour” for professionals.
Pinterest shares drop on weak outlook, revenue miss
Pinterest issued a weaker-than-expected forecast on Thursday and also missed on revenue.
Cocoa prices surge to all-time highs as bad weather hurts West Africa crop yield
The El Nino weather pattern is causing drier temperatures in West Africa, where three-quarters of the world’s cocoa is produced.
PayPal plummets after disappointing forecast; one analyst likens CEO’s strategy to ‘turning around the titanic’
PayPal shares plunged by double digits Thursday after a disappointing forecast added to uncertainty around the payments giant.
