Jamie Dimon says rates will rise above 5% because there is still ‘a lot of underlying inflation’
[ad_1] JPMorgan Chase CEO Jamie Dimon believes interest rates could go higher than what the Federal Reserve currently projects as inflation remains stubbornly elevated. “I actually think rates are probably going to go…
Peter Thiel dumped crypto fortune before the crash, a lesson for everybody
[ad_1] “Diamond hands” was the mantra preached by crypto investors during the pandemic boom, which saw Bitcoin rocket north of $68,000 and appear as if it would never come down.…
Treasury yields dip to four-month lows as recession fears build
[ad_1] Bond yields hovered near four-month lows Thursday amid concerns of a weakening U.S. economy. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.093% slipped by 2.6 basis points…
TSMC, Samsung Likely To Feel Pinch Of Global Foundry Industry Slowdown In 2023: Report
[ad_1] The global contract chipmaking revenue will likely fall by 4% in 2023 year-on-year on a pandemic recovery-driven demand correction for the advanced chips that contributed to the fortunes of Taiwan Semiconductor…
We Are Witnessing An Enormous Wave Of Bankruptcies And Layoffs During The Early Stages Of 2023 – Investment Watch
[ad_1] by Michael Is your job safe? Right now, we are witnessing so much turmoil is so many different sectors of our economy. The housing market is crashing, the cryptocurrency…
Apple Investors Have Reason To Cheer As iPhone’s Share Of Global Smartphone Market Climbs To Record In Q4
[ad_1] Apple Inc. AAPL is scheduled to report its fiscal year 2023, first-quarter results on Feb. 2 and investors are fretting over the impact China production disruptions and the economic softness…
Comcast Corp PT Raised to $42 at Evercore ISI
[ad_1] Comcast Corp PT Raised to $42 at Evercore ISI [ad_2] Image and article originally from www.investing.com. Read the original article here.
US Prepares Another Military Package For Ukraine As Putin Says ‘No Doubt’ Russia Will Win
[ad_1] The U.S. is preparing another major weapons package for Kyiv as Russian President Vladimir Putin said that he had “no doubt” Russia would emerge victorious in the war against…
Procter & Gamble, Netflix And 3 Stocks To Watch Heading Into Thursday
[ad_1] With US stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Procter…
CoinDesk Ropes In Lazard Advisors To Weigh Sale: Report
[ad_1] Coinbase Global, Inc COIN reportedly hired Lazard, Ltd LAZ advisors as it explored a potential sale that would remove it from Barry Silbert’s Digital Currency Group (DCG). CEO Kevin Worth’s…
Microsoft hosted Sting concert in Davos before announcing layoffs
[ad_1] On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening…
Kim Jong Un Personally Exiles 5 Cops To Coal Mines For Beating Up Chief: Report
[ad_1] Kim Jong Un reportedly personally punished five police officers for beating up their superior officer during a departmental review. What Happened: Kim exiled five officers of the traffic corps…
Cancer Genomics-Focused Personalis To Reduce Nearly One-Third Of Its Workforce
[ad_1] Personalis Inc PSNL approved a reduction in the company’s workforce by up to approximately 30% to reduce operating costs and improve operating efficiency. The reduction in workforce is expected to…
BofA Downgrades Levi Strauss On Cautious North America Outlook
[ad_1] BofA Securities analyst downgraded Levi Strauss & Co LEVI from Buy to Neutral and lowered the price target from $19 to $17. The analyst remains wary that the highly promotional environment…
Euro zone swings back to current account surplus in Nov By Reuters
[ad_1] © Reuters. FILE PHOTO: 50 and 20 Euro banknotes are displayed in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration/File Photo FRANKFURT (Reuters) – The euro zone swung…
Larry Summers Says US Debt Default Would Be ‘Catastrophic’
[ad_1] Former Treasury Secretary Lawrence Summers reportedly said it would be “catastrophic” and “inconceivable” for the United States to default on its debt. Summers comments come in the backdrop of a looming crisis…
Cannabis Commerce Bill In WA, VA Hemp, Social Equity In Missouri, Texas Licenses & More
[ad_1] Washington State Passes Interstate Cannabis Commerce Bill Washington’s Senate Labor & Commerce Committee approved a bill to set the state up to allow interstate cannabis commerce, reported Marijuana Moment. Now, the…
Russia May Lose $150B On Sanctions, Urals Discount: Analyst
[ad_1] As the West implemented sanctions on Russia, including the oil price cap of $60 per barrel, in the backdrop of the Ukraine war, the country has reportedly lost over…
Dr. Martens Q3 revenue misses board’s expectations
[ad_1] Dr. Martens PLC DOCS, -18.83% said Thursday that third-quarter revenue was below its expectations, blaming slower than expected direct-to-consumer growth in America as well as operational issues at its…
Johnson & Johnson Earnings Conference Call Is Coming Up, Here’s What You Need To Know
[ad_1] Johnson & Johnson JNJ will host a conference call at 08:30 AM ET on January 24, 2023, to discuss Q4 2022 earnings results. How to Attend Johnson & Johnson…
SHIB Emerges As Favorite Holding Among New Crypto Wallets
[ad_1] Shiba Inu SHIB/USD is among the top favorite holdings in new crypto wallets, with more than 12,000 fresh wallets seeing holding the meme coin over the last seven days. What…
ICICI Prudential Life Insurance Co Ltd. PT Lowered to INR670 at BofA Securities
[ad_1] ICICI Prudential Life Insurance Co Ltd. PT Lowered to INR670 at BofA Securities [ad_2] Image and article originally from www.investing.com. Read the original article here.
Jim Cramer Says Market Getting Rid Of ‘Weak-Handed’ Investors
[ad_1] Prominent market commentator Jim Cramer reportedly cautioned investors on Wednesday that the market is in a consolidation phase and is currently getting rid of “weak-handed investors.” “I think we…
What We Know About Bitzlato’s Alleged Russian Links
[ad_1] Cryptocurrency followers have been left a bit confused after the Justice Department said it had shut down a little-known China-based cryptocurrency exchange named Bitzlato. What Happened: Bitzlato founder Anatoly Legkodymov, a Russian national…
Jim Cramer Slams Crypto Again After Genesis Bankruptcy News
[ad_1] Jim Cramer, the host of CNBC’s Mad Money, slammed cryptocurrency markets again on Wednesday, calling them “truly a sham.” What Happened: Cramer said his personal favorite news of Wednesday was…