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Stocks

“Analysts Warn Investors To Dump 10 Big Stocks Before It’s Too Late”

“… It’s unclear if the U.S. is headed into a recession. But analysts, it seems, already know which S&P 500 stocks to avoid. Watch Out For These S&P 500 Stocks Stocks with highest percentage of sell ratings Company Symbol Sell… Continue Reading…

Business

“Bed Bath & Beyond defaults on credit line, warns it can’t pay down debts”

“Bed Bath & Beyond said Thursday it doesn’t have enough cash to pay down its debts and it has defaulted on its credit line with JPMorgan, warning once again of a potential bankruptcy. Shares of Bed Bath plunged Thursday afternoon,… Continue Reading…

Economy

“BlackRock — the world’s largest asset manager — says central banks are ‘deliberately’ causing recessions and warns of a downturn unlike any other…”

“Many experts have already sounded the alarm on the U.S. economy. But you still want to pay attention to what BlackRock — the world’s largest asset manager — has to say for a very simple reason: it’s predicting a recession… Continue Reading…

Banking, Economy

“BofA warns hot inflation might run rampant for another 10 years…”

“Despite the U.S. Federal Reserve’s aggressive rate hikes — including four consecutive hikes of 75 basis points — inflation is still running hot. Consumer prices in the U.S. climbed 0.4% in October and were up 7.7% from a year ago.… Continue Reading…

Economy

“Tax ‘refunds may be smaller in 2023,’ warns IRS. Here’s why”

“If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS.  Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Your annual… Continue Reading…

Stocks

“AMC shares tank more than 30% as Regal Cinemas owner warns of potential bankruptcy”

“Shares of theater chain and meme trader favorite AMC fell sharply on Monday as the struggles of a rival company appeared to weigh on the stock. AMC was down more than 30% in premarket trading, building on a loss of more than… Continue Reading…

Economy

“Apple chipmaker TSMC warns Taiwan-China war would make everybody losers”

“If China were to invade Taiwan, the most-advanced chip factory in the world would be rendered “not operable,” TSMC Chair Mark Liu said in an English-language interview with CNN this week. In the undated interview, Liu said that if Taiwan were… Continue Reading…

Economy

“Global Food Crisis ‘Will Kill Millions’ By Disease, Health Executive Warns”

“The global food crisis sparked by the war in Ukraine will kill millions by leaving the hungriest more vulnerable to infectious diseases, potentially triggering the world’s next health catastrophe, the head of a major aid organisation has warned…” https://www.barrons.com/news/global-food-crisis-will-kill-millions-by-disease-health-executive-warns-01655961907 No.… Continue Reading…

Economy

“World Bank slashes global growth forecast to 2.9%, warns of ‘stagflation’ risk”

“The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022, warning that Russia’s invasion of Ukraine has compounded the damage from the COVID-19 pandemic, and many countries now faced recession… In a… Continue Reading…

Stocks

[Big Tech] “‘Bubble’ hitting 50% of market, top investor warns as Fed gets ready to meet”

“…Despite Monday’s tech comeback, money manager Dan Suzuki of Richard Bernstein Advisors warns the group is in a “bubble.” “Go back and look at the history of bubbles. They don’t softly correct and then are off to the races six… Continue Reading…