Author: Admin
Porn star Stormy Daniels loses appeal in Trump case, owes former president almost $300,000
A combination photo shows Adult film actress Stephanie Clifford, also known as Stormy Daniels speaking in New York City, and U.S. President Donald Trump speaking in Washington, Michigan, U.S. on April 16, 2018 and April 28, 2018 respectively. Reuters Porn star Stormy Daniels is on the hook to pay former President Donald Trump nearly $300,000 […]
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Alibaba increases share buyback to $25 billion from $15 billion
Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Chinese e-commerce giant Alibaba Group Holding said on Tuesday it upsized its share buyback program to $25 billion from $15 billion, the second time in the past year. Alibaba said it had already re-purchased about $9.2 billion of […]
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Wall Street banks think these global stocks will benefit if stagflation takes hold
Bank of America and Jefferies name their top stocks to navigate the phenomenon of stagflation — when high inflation meets stagnant growth. Source
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Washington’s ‘trigger-happy’ sanctions may push countries away from the dollar, says think tank
The U.S. has been “extremely trigger-happy” with stinging economic measures, and central banks may decide to diversify their portfolio of foreign reserves instead of relying heavily on the U.S. dollar, according to the co-director of the Institute for the Analysis of Global Security. “Central banks are beginning to ask questions,” said Gal Luft of the […]
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Chinese jetliner carrying 132 people crashes, no word on survivors
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Shepard Smith reports on the Boeing 737 that crashed in southern China with 132 people on board. Aviation expert Michael Boyd discusses the tragedy. 01:16 Mon, Mar 21 20228:26 PM EDT Source
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Japan’s Nikkei 225 rises more than 1%; Fed’s Powell vows tough action on inflation
Fed watch Fed Chair Powell said Monday that inflation is “much too high,” with the central bank set to “take the necessary steps to ensure a return to price stability.” “In particular, if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points […]
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Wall Street banks name their favorite Asia stocks — and Citi says one could have upside of 167%
Goldman Sachs and Citi name their favorite stocks picks in Asia-Pacific — and give some serious upside potential. Source
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Accused bitcoin launderers in plea talks with prosecutors, court documents say
Booking photos for Heather Morgan and Ilya Lichtenstein. Courtesy: Alexandria Adult Detention Center. Federal prosecutors on Monday said they were in plea negotiations with a New York couple recently arrested on charges of trying to launder $4.5 billion worth of stolen bitcoin cryptocurrency. The talks were cited in a request by prosecutors asking a judge […]
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Cramer’s lightning round: I like Truist
PPG Industries Inc: “I think PPG is down too much. I think it’s okay, but … This is a company that has been really hurt by raw costs. That’s going to end eventually. I think if you can handle disappointment at this point, I would buy the stock.” AppFolio Inc: “You’ve got a software portfolio […]
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Kroger is a safety stock that can withstand inflation, Jim Cramer says
Grocery retailer Kroger is maintaining its position as a strong performer as competitors struggle with inflationary pressures, Cramer said. “We’ve got the worst inflation in decades, which is bad news for the whole industry except Kroger, which we know is coping just fine with inflation and even has expanding gross margins,” the “Mad Money” host […]
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