China’s sudden ‘reopening’ reveals new challenges as infections soar
People line up outside a fever clinic in Beijing on Dec. 14, 2022, just days after the country relaxed its Covid controls amid below-freezing weather in the capital city. Yuxuan…
Stock futures are flat as investors look ahead to Federal Reserve speakers
watch now Stock futures are flat Thursday evening as investors responded to data that elevated concerns of a looming recession and looked ahead to a slate of Federal Reserve speakers…
Elon Musk sells another huge chunk of Tesla shares
Anadolu Agency | Anadolu Agency | Getty Images Tesla CEO Elon Musk sold about 22 million more shares in his electric vehicle business, which were worth around $3.6 billion, according…
China’s retail sales shrink far more than expected, while industrial production disappoints
Several “robot arms” work on the automated assembly line of final wheel hub at a production workshop in Anqing city, Anhui province, China, Dec 9, 2022. Future Publishing | Future…
Spooked investors have pulled billions of dollars off Binance. Data suggests fears may be overblown
Investors have been pulling billions of dollars of funds off Binance amid growing scrutiny over the crypto exchange’s reserves. On Tuesday afternoon, more than $6.6 billion in crypto had left…
Fusion power is still decades and billions of dollars away, even after this week’s major scientific breakthrough
watch now The nuclear fusion breakthrough heralded on Tuesday was a historic event, culminating decades of research. At the same time, fusion power will not be contributing electricity to any…
Fed raises interest rates half a point to highest level in 15 years
watch now The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating the fight against inflation is not over despite some promising…
Jack Dorsey admits mistakes at Twitter, and says the site still has problems
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter co-founder…
Charts suggest it’s time to buy the dips in oil, Jim Cramer says
watch now CNBC’s Jim Cramer on Tuesday advised investors to put cash to work in oil now that the sell-off is largely over. “The charts, as interpreted by Carley Garner,…
Stock futures are flat as investors await Wednesday’s Federal Reserve rate hike decision
watch now Stock futures were flat Tuesday evening as investors await the Federal Reserve’s latest interest rate hike decision in its effort to crush inflation, set to be delivered on…