International

China’s Reopening Comes With a $720 Billion Inflation Bomb

In China, the reopening of the economy is coming at a time when its central bank is in easing mode – potentially making it all the more inflationary.

U.S. Economy

U.S. Economy Losing Momentum As Retail Sales Post Biggest Drop In 12 Months

U.S. retail sales fell by the most in a year in December, pulled down by declines in purchases of motor vehicles and a range of other goods, putting consumer spending and the overall economy on a weaker growth path heading into 2023.

International

China's Population is Shrinking. The Impact Will be Felt around the World

China may be one step closer to losing its place as the world's most populous country to India after its population shrank for the first time since the 1960s.

Investing Ideas

Bitcoin Roars Past $20k in Surprise Surge. Can the Rally Last?

Crypto investors have been starved for good news for months, and late on Friday they finally got some: Bitcoin unexpectedly soared past the $20,000 mark for the first time since the calamitous implosion of the FTX exchange last November.

Investing Ideas

NVidia (NVDA) Upgrading GeForce Now In 2023 — Rtx 4080 Gpus Bring 4k Gaming

As of January 2023, NVIDIA reports that over 25 million users have tried the GeForce Now service.

Investing Ideas

Exxon Mobil Shows Strength Compared To The S&P 500: Here's What's Going On

Exxon Mobil Corporation (XOM) is beginning on a period of production growth.

U.S. Economy

Fed Officials See Higher Rates for ‘Some Time’ Ahead

Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from the central bank’s December meeting.

U.S. Economy

U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits

Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.

Investing Ideas

Apple Stock Faces Major Test that could Turn ‘Quite Bearish’ after $130 Level

After a nearly 14% drubbing in December, Apple stock now sits at a key technical juncture that has chart watchers eyeing further declines for the tech giant's shares.

International

Energy Minister Novak Warns that Russian Oil Production Curb Needed

The Kremlin will mandate Russian oil producers to reduce output and avoid compliance to a recently introduced price cap mechanism, according to the country’s deputy prime minister in charge of energy issues Alexander Novak.

International

Japan Delivered a Cold Shower to Investors Across the Globe

A surprise announcement from the Bank of Japan sent investors spinning and global markets reeling on Tuesday.

Investing Ideas

FedEx and Nike Earnings Will Hold Vital Hints on Holiday-Shopping Strength

After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again.

Investing Ideas

Berkshire Hathaway: New Fire Sale Suggests Management’s High Level of Vigilance

Warren Buffett's Berkshire Hathaway (BRK.B) (BRK.A) has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD (BYDDF) for HK$267.69 million ($34.43 million), according to a filing with the Hong Kong Stock Exchange.

U.S. Economy

Elon Musk in His Twitter Urges Fed to Stop Its Jumbo Rate Hikes

World’s richest man Elon Musk thinks the recession will be amplified if the U.S.