Year: 2022
Hong Kong announces planned border re-opening with China as omicron surges at Christmas
Shoppers at a bar in the Lan Kwai Fong space in Hong Kong, China, on Thursday, Dec. 22, 2022. Bloomberg | Bloomberg | Getty Photos China, grappling with a new wave of Covid-19 infections, took an additional step in direction of loosening its pandemic-connected limits on Saturday when Hong Kong’s leader announced it would intention […]
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Why Liverpool and Manchester United, two giants of soccer, are up for sale at the same time
LONDON — Two of the world’s biggest and most profitable soccer teams are on the market at the same time — and that’s no coincidence, according to analysts. In November, the owners of first Liverpool and then Manchester United confirmed they were open to new investment offers, with the potential for full sales of the […]
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Wild wintertime storm envelops U.S., snarling Xmas vacation
Lake Erie waters wash about the shoreline on December 23, 2022 in Hamburg, New York. The Buffalo suburb and bordering area are anticipating wind gusts about 70 miles for every hour battering properties and businesses by way of out the holiday getaway weekend. John Normile | Getty Illustrations or photos News | Getty Photographs A […]
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U.S. Home approves Ukraine aid which includes arms soon after Zelenskyy stop by
US President Joe Biden speaks during a news meeting with Volodymyr Zelenskiy, Ukraine’s president, ideal, in the East Room of the White House in Washington, DC, US, on Wednesday, Dec. 21, 2022. Oliver Contreras | Bloomberg | Getty Illustrations or photos The U.S. Home of Associates gave last approval on Friday to a $45 billion […]
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Airlines cancel 5,700 U.S. flights amid intense winter season storms
An American Airlines plane is de-iced as higher winds whip all-around 7.5 inches of new snow at Minneapolis-St. Paul Global Airport Thursday, December 22, 2022. Star Tribune Through Getty Images | Star Tribune | Getty Images Airline cancellations topped 5,700 U.S. flights on Friday as significant winter season storms snarled airport functions all-around the United […]
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Bond yields to climb ‘for the mistaken reasons’ subsequent 12 months — and it will impact shares, strategist suggests
LONDON — Governing administration bond yields are probable to increase in 2023 “for the wrong reasons,” in accordance to Peter Toogood, chief investment officer at Embark Group, as central financial institutions phase up efforts to decrease their harmony sheets. Central financial institutions all around the world have shifted over the previous year from quantitative easing […]
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Jury finds Tory Lanez guilty in the shooting of Megan Thee Stallion
A jury found rapper Tory Lanez guilty Friday of all charges in the 2020 shooting of Megan Thee Stallion outside a Los Angeles party. The Grammy-winning rapper accused Lanez of shooting her in the foot after the pair left a party at Kylie Jenner’s home in 2020. Lanez, whose legal name is Daystar Peterson, pleaded […]
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Cramer’s lightning round: I love Eagle Materials
Eagle Materials Inc: “I love Eagle Materials. We’ve got so much money coming for infrastructure from the federal government.” Apple Inc: “I’m still urging people to own it, don’t trade it, but I accept the fact that it’s going lower before it goes higher.” Mativ Holdings Inc: “We’re not going to opine. … We’re going […]
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Jim Cramer says he likes these 3 communication services stocks for 2023
CNBC’s Jim Cramer offered investors a list of three communications services stocks that are buys in an otherwise “untouchable” group. The communication services sector, one of 11 in the S&P 500, includes classic telecommunications companies, media and entertainment companies and some large internet companies. “In an awful year for stocks, communication services was the worst […]
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Jim Cramer likes these 7 consumer discretionary stocks for 2023
CNBC’s Jim Cramer on Friday offered investors a list of seven stocks he believes could be great additions to investors’ portfolios. The consumer discretionary sector is down about 37% for the year. Companies in this sector tend to suffer during times of economic downturn, since consumers prioritize paying for necessities such as rent or food […]
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