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Investors Followed Shady Methods to Move $45 Billion Out of China, As the Yuan Continues To Depreciate
China is witnessing massive outflows of cash from its financial markets as the yuan continues to plunge, and a major chunk of that is likely leaving under questionable circumstances. In…
By Rochdi RaisLatest news
US Stocks Close Higher After Giving Up Steep Gains In a Volatile Trading Session
US stocks closed higher Tuesday after the major indexes gave up excessive early gains in a volatile trading…
By Rochdi RaisThe Market Could Rally 30% Next Year, Says Wharton Professor Jeremy Siegel
Fears that the Fed will further hike rates too high is what’s keeping stock prices in decline, according…
By Rochdi RaisElon Musk says Starlink stays on and he will keep doing “good deeds’
SpaceX and Tesla CEO Elon Musk says the Starlink internet system in Ukraine will stay on. And we…
By Jackie AllenThe US Dollar Could Remain Robust For Longer Period, Goldman Sachs Says
The US dollar is set to soar further after a robust rally in 2022, according to Goldman Sachs. …
By Rochdi RaisElon Musk Starlink service costing $20 million a month free to Ukraine for now
Last month, Elon Musk asked the Pentagon to pay for the Starlink service he’s providing to Ukraine. The…
By Jackie AllenMark Zuckerberg Says He Failed To Catch Up with a Critical Trend In Social Networking
Meta CEO Mark Zuckerberg failed to anticipate a newer trend in social networking that contributed to the success…
By Rochdi RaisNikola Founder Trevor Milton Might Face 25 Years in Prison Because of Statements He Made While CEO
Trevor Milton, the founder, and former chairman and CEO of electric heavy truck maker Nikola was found guilty…
By Rochdi RaisThe Fed Is investigating Trades that Raphael Bostic made During Restricted Periods
The Federal Reserve is investigating trades that Raphael Bostic — the head of the central bank’s Atlanta district…
By Rochdi RaisA Major US Recession is Avoidable, this is not a “Gloom and Doom Scenario”, US Commerce Secretary says
A major US recession is still avoidable, and this is not a “gloom and doom scenario,” according to…
By Rochdi RaisInvestors Could Avoid “Lost Decade”, According to Bank of America
There have been more warnings of a “lost decade” of returns for the stock market in recent months.…
By Rochdi Rais