World
Saudi Arabia’s fiscal breakeven oil price is rising fast. What will the kingdom do about it?
An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia, on Wednesday, Oct. 3, 2018. Simon Dawson | Bloomberg | Getty Images Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for […]
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These are the top 10 MBA programs in the world in 2024, according to LinkedIn
Stanford University has the top MBA program in the world in 2024, according to LinkedIn. David Madison | Getty Images Sport | Getty Images The Stanford Graduate School of Business is the No. 1 Master of Business Administration program in the world in 2024, according to LinkedIn. This year, eight of the top 10 universities […]
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CNBC Daily Open: Can’t wait until 2% to start cutting rates
A “Now Hiring” sign is displayed on a storefront in Adams Morgan Neighborhood on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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Asia-Pacific markets mostly set to extend losses, tracking Wall Street’s second straight fall
The World’s busiest pedestrian crossing © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets are mostly set to open lower on Thursday, extending losses as both the S&P 500 and Nasdaq Composite slipped for a second straight day. “Investors are a bit on edge; it’s a low-conviction trade. Everyone’s waiting for this Friday employment […]
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Fund manager reveals his top stock picks that rose during the market sell-off
Shares of Visa hold significant growth potential and could even help investors weather market volatility, according to fund manager Freddy Lait at Latitude Investment Management. Lait, who is also a managing partner at the firm, pointed to Visa’s 0.8% gain on Monday — despite a very risk-off mood in the broader market — as a […]
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Goldman Sachs just refreshed its conviction lists of global stocks — giving one 64% upside
Goldman Sachs has refreshed its lists of top global stock picks for September, adding some and removing others. The stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” which aims to offer investors a “curated and active” list of 15 to 25 buy-rated stocks. Stocks on the list are selected by a […]
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Chinese consumer companies have a ‘disproportionate’ advantage over Asian peers in winning the global market
Pictured here in Nov. 2023 is a storefront for Chinese retailer Miniso in London. Peter Dazeley | Getty Images News | Getty Images BEIJING — Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses that went global: a large ethnic Chinese diaspora. That’s according to […]
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U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover
United States Steel Mon Valley Works Clairton Plant and Clairton Coke Works facility in Clairton Pennsylvania, Monday, September 11, 2023. Thomas O’Neil | Nurphoto | Getty Images U.S. Steel shares tumbled nearly 18% on Wednesday as the White House is reportedly preparing to block the company’s sale to Japan’s Nippon Steel. People familiar with the […]
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There are more turbulent market days ahead this third quarter, according to the charts
Over the last 11 months, the S & P 500 ‘s advance has been compared to various bull markets of the past: 2021, 2019, 2017, 2009, 1995-1999, etc. One year that hasn’t come up is 2022. Why would it? That was a harsh bear market, characterized by lower lows, raging inflation and historic rate hikes. […]
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Summer box office bounced back thanks to ‘Inside Out 2,’ ‘Deadpool & Wolverine’
Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney Box office analysts and cinema owners braced themselves a few months ago for the possibility that the summer movie season could be the worst showing in a decade. Thanks to some anthropomorphic emotions and a bad-mouthed, fourth-wall breaking antihero, the domestic summer box […]
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