World
Growth stock valuations ‘have further to fall,’ says Citigroup strategist
Analysts as a group expect that it is “more likely” that real yields will continue to rise, which would hurt growth stocks. Source
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Cramer says Disney is a buy, rips Wall Street sellers for misreading guidance
The Club thinks Disney is a buy, as shares trade in the red following its second-quarter earnings release the prior evening. Source
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The job interview question that helped this 25-year-old negotiate her $115,000 salary
Welcome to Paycheck to Paycheck, where workers across the U.S. share how much they earn, how they got to their salary and their best negotiating tips. Ready to join the salary transparency conversation? Apply to be a part of the series here. In this installment, a 25-year-old shares how she makes $115,000 working as a senior data […]
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GameStop surges more than 30% and is halted in odd trading; AMC shares also pop
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Shares of two meme stocks surged on Thursday, adding an unexpected wrinkle for a stock market that has been dropping in choppy trading for more than a month. […]
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Russia threatens ‘retaliatory steps’ if Finland joins NATO
Russia’s Prime Minister Vladimir Putin addresses a rally at the Manezhnaya Square just outside the Kremlin in Moscow, late on March 4, 2012. Dmitry Astakhov | AFP | Getty Images Russia has slammed Finland’s plans to apply to join NATO imminently, claiming it would “be forced” to retaliate if the long-neutral country joined the military […]
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Finland and Sweden joining NATO will help deter Russia, says security analyst
British Prime Minister Boris Johnson, here seen addressing a press conference with Finnish President Sauli Niinisto in Helsinki, Finland, on Wednesday, signed a security pact with Finland just ahead of the European nation’s decision on whether to apply for NATO membership. Frank Augstein | Afp | Getty Images A decision by Finland and Sweden to […]
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The world’s biggest stablecoin has dropped below its $1 peg
Crypto firm Tether has been reducing the amount of commercial paper in its reserves. Jakub Porzycki | Nurphoto | Getty Images Tether, the world’s largest stablecoin, broke below its $1 peg Thursday amid panic in the crypto market. The token sank to as low as 98 cents at around 3:30 a.m. ET, according to data […]
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North Korea fires suspected ballistic missile toward sea
North Korean leader Kim Jong Un. KCNA | Reuters North Korea fired a suspected ballistic missile toward the sea on Thursday, South Korea and Japan said, in the latest of a series of weapons demonstrations this years and just hours after it confirmed its first case of the coronavirus since the pandemic began. Japan’s Defense […]
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More oil, slower demand mean world can weather Russian losses — IEA
The IEA says lower output from Russia will not leave the world short of oil. Natalia Kolesnikova | Afp | Getty Images Lower output from Russia due to the fallout from its invasion of Ukraine will not leave the world short of oil, the International Energy Agency (IEA) said on Thursday, as supply ramps up […]
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UK economy ‘only going to get worse’ as growth slowdown begins
The U.K. economy shrank by 0.1% in March and the situation is expected to worsen as the country’s cost-of-living crisis escalates. Tim Ireland | Xinhua News Agency | Getty Images LONDON — A growth slowdown is underway in the U.K. after the economy shrank by 0.1% in March, with economists expecting further contractions this year. […]
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