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Investment pro says ETFs are now a better bet than stocks

Investor Jon Maier says an exchange-traded fund could be a better bet. "The great thing about ETFs is that you're not picking one stock," he says. Maier: "I think investors should be most exposed...

OPEC Plus Considering Major Production Cut to Prop Up Oil Prices

OPEC Plus, the oil producers’ group, is considering announcing a major cut in production. Such a move, which analysts say is widely expected, would be a blow to the Biden administration. A cut...

Should investors flee stocks? Strategists give their take

September has historically been a seasonally weak month for stocks. Hawkish comments from key Federal Reserve officials have further compounded market nervousness. With monetary policy set to...

U.K.'s Central Banker Faces Inflation, a Financial Crisis and His Own Government

Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo. A New York University economist flagged a problem. Mr. Bailey said such an about-face would be a tough sell to...

Asia-Pacific markets set to trade mixed; China, South Korea markets closed

Futures in the Asia-Pacific pointed to a mixed trading day Monday. The Nikkei futures contract in Chicago was at 25,885 while its counterpart in Osaka was 25,870. Later in the week, Australia's...

The 5 global stocks experiencing a 'de-globalization' trend, according to HSBC

HSBC: European companies' foreign sales have dropped to their lowest levels over the past five years. stretched supply chains, geopolitical tensions, and worsening financial conditions have been...

Bruce Willis’ Rep Refutes Report That He Sold His Digital Likeness to Deepfake Company

Recent reports claimed that the star had become the first Hollywood figure to sell his rights to a company for virtual appearances in film and marketing projects.

NY Gov. Kathy Hochul's maddening electric vehicle mandate

Gov. Kathy Hochul last week ordered the state Department of Environmental Conservation to issue regulations banning the sale of gas-powered cars, pickups and SUVs. In an all-too-tellingly-empty...

Credit Suisse executives reassure investors after CDS spike, Financial Times reports

Executives spent the weekend reassuring large clients, counterparties and investors about its liquidity and capital position, the Financial Times reported. Spokesman for Credit Suisse declined to...

Dollar vs. pound: How Brexit is at the heart of the UK currency rout

The pound hit an all-time low last week as the new UK government's tax-cut plans spooked markets. The strong US dollar is a big factor — but Brexit's hit to the UK economy set the stage for the...

Tesla sells record number of cars but falls short of expectations

Tesla sold 343,830 cars and SUVs in the third quarter. Analysts polled by data provider FactSet expected sales of 371,000 vehicles. Tesla said it's becoming more challenging to find transportation...

Walgreens Turns to Prescription-Filling Robots to Free Up Pharmacists

Walgreens is setting up a network of automated, centralized drug-filling centers. Rows of yellow robotic arms bend and rotate as they sort and bottle pills. The company says the setup cuts...

Listeria outbreak leads to recall of cheeses sold at a dozen retailers

Old Europe Cheese, Inc. is issuing a voluntary recall of its Brie and Camembert cheeses. The recall is because of a possible outbreak of listeria, the FDA says. The cheeses were sold at about a...

Disney channels, including ESPN, no longer on Dish network due to contract dispute

Dish Network and its streaming service, Sling TV, pulled all Walt Disney channels early this morning. Dish and Sling have more than 10 million combined subscribers who will not have access now to...

Chinese Tech Billionaire Richard Liu Settles Sexual-Assault Case in Minnesota

Richard Liu, the billionaire founder of Chinese e-commerce giant JD.com, settled a sexual-assault lawsuit. The agreement to settle came just before a jury in Minneapolis was set to hear testimony...

How I'd Invest $250,000 Cash In Today's Bear Market

With the global financial recession building, opportunities are piling up. Things could get worse in this bear market given we’re only nine months in. 2022 has so far been a terrible year for both...

Tesla Vehicle Deliveries Rebound to Record After China Shutdown

Tesla says it delivered 343,830 vehicles to customers in the three-month period ended in September. That's up from about 255,000 in the prior quarter that was dented by a temporary shutdown of its...

ABC, ESPN and other Disney networks go dark on Dish and Sling TV

Disney-owned channels including local ABC stations, ESPN, FX and 17 others are no longer available on and. Dish says wanted almost $1 billion more to extend their carriage contract, which expired...

Chinese Fans of Popular Movie 'Return to Dust' Wonder What Happened to It

“Return to Dust’ depicts two outcasts, a woman with a physical disability and a farmer too poor to marry, who get together in a marriage arranged by their families. The movie surprised many with a...

Credit Suisse Seeks to Calm Market Jitters

Credit Suisse Group AG tried to assuage fears about its health in a memo to employees and in a round of phone calls to investors and clients. Credit Suisse shares are down 21% this month and...

Economy Week Ahead: U.S. Jobs Market and Trade in Focus

S&P Global’s initial September manufacturing index indicated slightly faster growth than in August but was the second-lowest reading since July 2020. Walmart:Walmart coupon: $20 off your $50+...

Even Cryptocurrency Fans Are Starting to Doubt Cryptocurrencies

The anti-crypto movement is no longer spontaneously limited to bankers, economists and politicians embodying the system challenged by bitcoin technology.

OPEC+ to Weigh Production Cut to Bolster Oil Prices

OPEC+ is set to consider Wednesday its most drastic reduction of production since the pandemic began. The Organization of the Petroleum Exporting Countries and Moscow-led allies, collectively...

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