World
Golden State Warriors beat Boston Celtics 103-90 to win 4th NBA title in 8 years
Stephen Curry of the Golden State Warriors smiles during Game Six of the 2022 NBA Finals on June 16, 2022. Stephen Curry scored 34 points for the Warriors, who claimed the franchise’s seventh championship overall. Jesse D. Garrabrant | National Basketball Association | Getty Images The Golden State Warriors are NBA champions once again, topping […]
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China’s property troubles have pushed one debt indicator above levels seen in the financial crisis
Fixed asset investment data for the first five months of 2022 showed real estate investment declined at a greater scale than it did during the first four months of the year. Pictured here on May 16 is a development in Huai’an City in Jiangsu province in east China. CFOTO | Future Publishing | Getty Images […]
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Goldman Sachs loves these 4 global energy stocks — and one is on its conviction list
Analysts at Goldman Sachs and Bank of America have picked their top energy stocks, with those involved in hydrogen, electric vehicles and renewables among their favorites. The sector certainly looks hot right now, with the iShares Global Energy ETF up around 30% year-to-date as investors react to sky-high energy prices. In a note from June […]
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Goldman Sachs says these global companies are poised to return more cash to shareholders
Share buybacks are on the rise, according to Goldman Sachs , with the investment bank naming a raft of European companies that it thinks are ready to accelerate the pace of shareholder returns. Share buybacks, also known as share repurchases, are when a company buys back its own shares from the stock market. This boosts […]
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These 3 bank stocks will ‘make fortunes’ from higher rates if the Fed pulls off a soft landing, Cramer says
CNBC’s Jim Cramer on Thursday said that investors who believe the Federal Reserve can pull off a soft landing should have bank stocks on their shopping list. “If you think we’re headed for a full-blown recession, it’s right to avoid the bank stocks. But if you’re like me and you think the Fed can actually […]
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Atlanta, Miami, Philadelphia, Seattle among World Cup sites
People take in a view of the skyline on June 10, 2021 in Seattle, Washington. David Ryder | Getty Images Atlanta, Houston, Miami, Philadelphia, Seattle and Kansas City, Missouri, were the newcomers among the 11 U.S. sites picked to host games at the 2026 World Cup, while Baltimore, Cincinnati, Denver, Nashville, Tennessee, and Orlando, Florida, […]
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Stock futures rise slightly as S&P 500 is poised for worst week since March 2020
Stock futures rose modestly on Thursday evening as Wall Street tries to find its footing after a brutal week of selling. Futures tied to the Dow Jones Industrial Average gained 103 points, or 0.3%. Those for the S&P 500 added 0.4%, while Nasdaq 100 futures climbed 0.5%. The moves come as investors are increasingly worried […]
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Everyone knows inflation is on fire. This is what’s really fueling it
Meat is seen in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022. Lucy Nicholson | Reuters Inflation doesn’t just happen at the gas pump and grocery store. There are literally hundreds of avenues that filter into broader measures the government uses to gauge price increases. The big three […]
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Trash and dollar stores: Analysts are starting to give their top stocks to own in a recession
With the market selling off on fears of an imminent recession, individual stock analysts are starting to trot out their top stock picks to own in an economic downturn. A number of reports to clients of Wall Street banks this week focused on stocks that have resilient revenues and business models. Stocks fell deeper into […]
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A day after Powell’s assurances about the economy, markets are worried that ‘the Fed breaks something’
Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., June 15, 2022. Elizabeth Frantz | […]
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