The market has quickly turned from ‘buy everything’ to ‘sell everything’ Author of the article: Bloomberg News Thyagaraju Adinarayan and Sagarika Jaisinghani The sign for Wall Street outside the New York Stock Exchange. Photo by YUKI IWAMURA/AFP via Getty Images files So far, 2022 has been a year where just about everyone on Wall Street… Continue reading Nearly all of Wall Street – and the U.S. Federal Reserve – botched calls for 2022
Stock Market Today: Stocks Start Short Week With a Snap-Back | Kiplinger
Stock Market Today Every sector finished in the black during a broad recovery session Tuesday … even though there was little to justify the powerful move higher.A light-news Tuesday gave the stock market the breathing room it needed to mount an aggressive rebound rally. Whether the rally is of the short-lived “relief” variety remains to… Continue reading Stock Market Today: Stocks Start Short Week With a Snap-Back | Kiplinger
CHESAPEAKE ENERGY CORPORATION DOUBLES ITS AUTHORIZATION FOR COMMON STOCK AND WARRANT REPURCHASE FROM $1 BILLION TO $2 BILLION
, /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) today announced that its Board of Directors has doubled its previously announced repurchase program authorization from $1 billion to up to $2 billion in aggregate value of its common stock and/or warrants through year-end 2023. To date, under its previously authorized program, Chesapeake has repurchased approximately 5.4… Continue reading CHESAPEAKE ENERGY CORPORATION DOUBLES ITS AUTHORIZATION FOR COMMON STOCK AND WARRANT REPURCHASE FROM $1 BILLION TO $2 BILLION
Russia exports gold to Switzerland for the first time since the war in Ukraine began as some buyers soften on self-sanctioning
Switzerland imported Russian gold in May for the first time since the war in Ukraine began, Bloomberg reported. Over three tons of gold from Russia arrived in Switzerland last month for refining or other processing. There has been a de facto ban on Russian metals in the London market, but no explicit sanctions have been… Continue reading Russia exports gold to Switzerland for the first time since the war in Ukraine began as some buyers soften on self-sanctioning
Europe should be prepared for Russia to totally cut all natural gas supplies this winter, IEA chief says
Europe should be ready for Russia to completely shut off all its natural gas exports, the IEA chief said. “The nearer we are coming to winter, the more we understand Russia’s intentions,” he said. Governments should look for ways to cut fossil fuel demand and invest in clean energy, he added. Loading Something is loading.… Continue reading Europe should be prepared for Russia to totally cut all natural gas supplies this winter, IEA chief says
Dow futures slide 350 points as stock rally fades, with oil falling and Fed’s Powell on deck to speak
US stock futures fell Wednesday, with Dow futures down about 350 points as recession worries returned. Fed Chairman Jerome Powell will appear before lawmakers to talk monetary policy later in the day. Oil prices fell almost 5% on news that President Joe Biden is nearing a decision on a US gas tax holiday. Loading Something… Continue reading Dow futures slide 350 points as stock rally fades, with oil falling and Fed’s Powell on deck to speak
Citi sees a 40% chance of US recession going into next year and expects the Fed’s policies to take up to 18 months to take effect
Citi believes there is a 40% chance the US economy could enter recession going into next year. The bank’s head of capital markets thinks it could take up to 18 months for the Fed’s policies to take effect. The risk of recession is rising as high interest rates and inflation weigh on the economy. Loading… Continue reading Citi sees a 40% chance of US recession going into next year and expects the Fed’s policies to take up to 18 months to take effect
Apple 13-inch MacBook Pro Review: The Super Speedy M2 Chip in a Classic Build
I’ve spent over a week with the new 13-inch MacBook Pro, and while you might be questioning the “new,” I can assure you that it all becomes a lot clearer once you sign into macOS. This laptop sports the now classic design language that Apple initially ushered in back in 2016, but it’s souped up… Continue reading Apple 13-inch MacBook Pro Review: The Super Speedy M2 Chip in a Classic Build
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