Day: April 5, 2022
Asia-Pacific stocks set for lower start as 10-year U.S. Treasury yield surges
SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Wednesday, following an overnight surge in the U.S. 10-year Treasury yield. The Nikkei futures contract in Chicago was at 27,550 while its counterpart in Osaka was at 27,565. That compared against the Nikkei 225’s last close at 27,787.98. Elsewhere, the SPI futures contract […]
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These three LNG plays are worthy investments, Jim Cramer says
CNBC’s Jim Cramer on Tuesday picked three liquified natural gas stocks investors should consider purchasing. “Two are pure plays on liquefied natural gas exports – a little dicier – and then one is a more diversified story, really perfect for home-gamers who are worried about volatility,” the “Mad Money” host said. Russia’s ongoing invasion of […]
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Elon Musk spent $2.64 billion on Twitter shares so far this year, new filing shows
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for […]
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Stock futures inch higher ahead of Fed minutes release
Stock futures inched higher in overnight trading Tuesday as investors await the latest insights into the Federal Reserve’s policy tightening. Minutes from the Fed’s Tuesday meeting are slated for release Wednesday afternoon. Investors are bracing for new details about the Fed’s plan to reduce its balance sheet. Futures on the Dow Jones Industrial Average rose […]
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Heed warnings from Fed’s Brainard and offload some stocks, Jim Cramer says
Investors should take Federal Reserve Governor Lael Brainard’s inflation policy comments to heart and sell some holdings, CNBC’s Jim Cramer said Tuesday. “This is not a sell everything call. … In fact, the health care stocks and the oils are still very attractive here, and I’d put more money in it if they come down. […]
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Twitter confirms it is testing edit button after Elon Musk polls followers
Joe Raedle | Getty Images News | Getty Images Twitter is testing an edit button, the company said on Tuesday. The feature has been one of the most requested changes to the social networking service for over a decade. Currently, in order to fix a typo in a tweet, users have to delete it and […]
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CDC director says high immunity in U.S. population provides some protection against omicron BA.2
CDC Director Rochelle Walensky on Tuesday said there is enough immunity in the U.S. population to provide some protection against the more contagious omicron BA.2 subvariant, which could help stave off another Covid wave that slams hospitals. “The high level of immunity in the population from vaccines, boosters and previous infection will provide some level […]
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The story of climate change right now in 9 charts
Climate change has not been caused by one bad actor and it won’t be solved by one silver bullet. Instead, climate change is being caused by a web of problems and is being addressed by another web of mitigation and adaptation strategies. Globally, there has been significant progress to limit greenhouse gas emissions and slow […]
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World’s biggest darknet marketplace, Russia-linked Hydra Market, seized and shut down, DOJ says
U.S. Attorney General Merrick Garland speaks to the press at the Justice Department after all three defendants were found guilty of federal hate crimes for murder of a young Black man, Ahmaud Arbrey in Washington, DC, U.S., February 22, 2022. Nicholas Kamm | Reuters Hydra Market, which was considered to be the world’s largest and […]
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Key people from the Fed just spooked the markets — here’s what they said
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters If there was any question about where the Federal Reserve stands on the key issue of the day […]
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