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Business September 24, 2022

Chinese astronauts Spacewalk outside the new space station

The China Aerospace Science and Technology Corporation (CASC) announced that the Chinese astronauts based at the Tiangong Space Station completed another spacewalk. The three-person mission has been working to put…

By – Jackie Allen
Latest news
Business September 24, 2022
Fundstrat’s Tom Lee Remains Bullish That Stocks Will Soar into Year-End, Despite the Fed’s Hawkishness

Stocks are falling, yields are skyrocketing, and inflation is persistent. Yet Fundstrat’s Tom Lee remains bullish in his…

By Rochdi Rais
Business September 24, 2022
US Stocks Sold Off For a Fourth Straight Day, Dow Jones Slips 485 Points

US stocks sold off for a fourth straight day on Friday as fears of higher interest rates and…

By Rochdi Rais
Business September 24, 2022
Jeremy Siegel Says the Fed Is Making The Biggest Mistake In Its History

Wharton professor Jeremy Siegel has been vocal about his hatred for the Federal Reserve’s aggressive interest rate hikes…

By Rochdi Rais
Business September 23, 2022
Pope condemns Russian “savagery,” asks world to unite with “noble” Ukraine

Sunday after his general audience in St. Peter’s Square, Pope Francis spoke out about the Russian invasion of…

By Jackie Allen
Business September 23, 2022
US Could Avoid Recession By Boosting Immigration, Says Bill Ackman

The US could avoid falling into recession if they boosted immigration, Bill Ackman argued in a Twitter thread…

By Rochdi Rais
Business September 23, 2022
Dow Jones Sheds More Than 300 Points Amid Warnings On The New Global Economy

US stocks tumbled Friday, and bond yields continued to climb amid new warnings on the global economy.  The…

By Rochdi Rais
Business September 23, 2022
The UK Pound Falls To Nearly Four-Decade Low Against the US Dollar

The UK pound plummeted dramatically to a nearly four-decade low against the US dollar on Friday as investors…

By Rochdi Rais
Business September 23, 2022
Investors Should Brace for “Unsettling Volatility,” Says Mohamed El-Erian

Investors need to prepare for “unsettling volatility,” and the S&P 500 could plunge back to June lows, top…

By Rochdi Rais
Business September 22, 2022
High Interest Rates Could Have Been Avoided if The Fed Acted Sooner, Says Mohamed El-Erian

Higher interest rates that soar faster and last longer, in addition to the increased risk of an economic…

By Rochdi Rais
Business September 22, 2022
Turkey Cut Interest Rate Despite Inflation Surging Beyond 80%

Turkey’s central bank shocked markets once again with its decision Thursday to cut its key interest rate, despite…

By Rochdi Rais

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