Analysts call ‘high-confidence’ stocks playing a role in the market turmoil

Wall Street analysts are doubling down on a group of stocks they see as well-positioned to weather the overall uncertainty. CNBC Pro scoured the top of Wall Street research to find “highly convinced” analysts’ thoughts. Analysts said that these companies have strong growth prospects and first-class management. Stocks include: CrowdStrike, Atlassian, Medifast, Thermo Fisher and … Read more

The dangers and promises of quantum computing are approaching

The stark warning came from one of the tech world’s most prominent CEOs. Alphabet CEO Sundar Pichai told an audience at the World Economic Forum in Davos, Switzerland, three years ago that quantum computing has the potential to change humanity’s understanding of the natural world, enabling scientists to create new drugs and better batteries, among … Read more

pairing? How do you know when it’s time to combine your money

Spanish | E + | Getty Images Money may not be your top priority if you’re in love, but it does deserve some serious attention if you want a lasting relationship. A partnership that pools resources and shares expenses can be very good for the relationship and for each other’s financial well-being. However, different spending … Read more

Turkey cuts interest rates again despite 80% inflation

The number of Russian tourists to Europe decreased significantly during the summer, but increased in several other destinations, including Turkey (here). Onur Dogeman | soba pictures | Light Rocket | Getty Images Turkey’s central bank surprised markets once again with its decision on Thursday to cut its key interest rate, despite the country’s inflation soaring … Read more

FedEx’s warning reflects both the global economy and internal shortcomings

A FedEx worker makes deliveries on September 16, 2022 in Miami Beach, Florida. Joe Riddell | Getty Images FedEx He warned of weak global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems reflect internal company flaws or a broader economic diagnosis. CEO Raj Subramaniam cited … Read more

European stocks open to close; Markets brace for more Fed rate action

Rheinmetall tops European stocks with 9.6% gain German company for the manufacture of cars and weapons Rheinmetall It rose 9.6% late in the morning, leading to broad gains for defense companies after Russian President Vladimir Putin announced a partial military mobilization, in an apparent escalation of tensions in the war in Ukraine. Rheinmetall shares have … Read more

European stocks fell at the open as traders await the Federal Reserve meeting

Porsche offers nearly 3% Porsche shares rose nearly 3% in early trading Monday after German carmaker Volkswagen said it aims to value up to 75 billion euros for the luxury brand when it goes on the stock market. Porsche was last seen trading 2.5% higher while Volkswagen was just above the flat line. Karen Gilchrist … Read more

August industrial production, retail sales

August was marked by sweltering temperatures in parts of China, leading to temporary power rationing in some areas. Pictured here on August 24, 2022, the skyline of the central city of Chongqing is shown with the lights partially turned off to conserve energy during a heat wave. Vcg | China Optical Group | Getty Images … Read more

De Kooning’s “ocher woman” from the robbery home

It was a robbery that was as shameless as it was simple. On the morning of November 29, 1985, a couple entered the University of Arizona Museum of Art in Tucson, Arizona. Within minutes, “Woman-Ocher” – a painting by Dutch-American artist Willem de Kooning – was gone. Museum curator Olivia Miller described the theft in … Read more

Michael Jordan tequila brand Cincoro launches a new $350 blend

Cincoro was launched in 2019 by NBA owners Michael Jordan of the Charlotte Hornets, Jenny Boss of the Lakers, Wes Edens of the Bucks, Emilia Fazzalari and Wyc Grousbeck of the Celtics. Source: Sencor Tequila They are rivals on the biggest stage in basketball. But when it comes to tequila, they are friends. SyncorThe label … Read more