US stocks edge higher as investors weigh China’s COVID surge and reopening of its borders

Brian Evans Aly Song/Reuters US stocks traded higher on Wednesday as investors weighed China reopening the country’s borders.  Rising Covid-19 infections underscored the prospect of China exiting lockdown.  Visitors will no longer have to quarantine beginning January 8.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading US stocks edge higher as investors weigh China’s COVID surge and reopening of its borders

Tesla will not find its bottom and rally after a 69% sell-off until these 4 things happen, according to Wedbush

Tesla stock has a long road to recovery after it dropped 69% in 2022 in its worst year on record.There are four catalysts that could jumpstart a rally in Tesla stock, according to Wedbush analyst Dan Ives.”Tesla still has potentially $5-$6 of earnings power in 2023 and should still approach 40%+ delivery growth,” Ives said.… Continue reading Tesla will not find its bottom and rally after a 69% sell-off until these 4 things happen, according to Wedbush

This FTX user lost access to $1.3 million and is writing off his investment to zero – but insists he remains ‘quite bullish’ on crypto

Crypto investor Calvin Tsai told Fox Business he lost $1.3 million during the FTX collapse.  He said he has nearly zero hope of recovering his FTX funds. But Tsai remains bullish on crypto and said the downtrodden market offers a buying opportunity. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading This FTX user lost access to $1.3 million and is writing off his investment to zero – but insists he remains ‘quite bullish’ on crypto

Nobel laureate Paul Krugman compares Tesla to bitcoin — and says he wouldn’t trust Elon Musk to feed his cat

Paul Krugman compared Tesla to bitcoin, saying hype and faith underpin both assets’ prices. The Nobel Prize-winning economist argued Tesla lacks the networks effects of Apple and Microsoft. Krugman took aim at Elon Musk, joking he wouldn’t trust the controversial Tesla CEO to feed his cat. Loading Something is loading. Thanks for signing up! Access… Continue reading Nobel laureate Paul Krugman compares Tesla to bitcoin — and says he wouldn’t trust Elon Musk to feed his cat

From the college kid who made millions on a meme stock to Kim Kardashian’s crypto misadventures, here are 7 of the craziest stories from markets in 2022

Markets had a wild ride this year, with volatile swings punctuated by moments of sheer absurdity.  A college kid earning millions on Bed Bath & Beyond, and a Kardashian’s run-in with the SEC were only some of the highlights.  Here are seven of the wildest, most absurd, and shocking moments from markets in 2022.  Loading… Continue reading From the college kid who made millions on a meme stock to Kim Kardashian’s crypto misadventures, here are 7 of the craziest stories from markets in 2022

Barry Choi: 5 ways to set yourself up for financial success in 2023

Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance Focus on debt repayment Getting ahead is impossible if you have consumer debt, especially with interest rates rising like… Continue reading Barry Choi: 5 ways to set yourself up for financial success in 2023

Taiwan to extend conscription to one year, citing rising China threat

Author of the article: Reuters Yimou Lee and Ann Wang Published Dec 27, 2022  •  3 minute read Join the conversation TAIPEI — Taiwan will extend compulsory military service to one year from four months from 2024 due to the rising threat the democratically governed island faces from its giant neighbor China, President Tsai Ing-wen… Continue reading Taiwan to extend conscription to one year, citing rising China threat

Ukraine Latest: Zelenskiy Sees Gain in East; Austria Warns of Blackout

Ukraine’s economy may grow next year, and this year’s inflation may be less than expected, according to the head of the central bank, who cited the nation’s resilience in the face of Russia’s campaign to destroy energy infrastructure. Author of the article: Bloomberg News Bloomberg News Published Dec 27, 2022  •  Last updated 5 minutes ago… Continue reading Ukraine Latest: Zelenskiy Sees Gain in East; Austria Warns of Blackout