Daily Trade

Nick Clegg, the former deputy prime minister of the U.K., current president for global affairs at Meta Platforms META, -0.54% and the man who will decide whether to allow Donald Trump back on Facebook, has just sold his posh home in California’s Silicon Valley for $11.56 million. See: Trump’s Facebook ban may end as soon
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It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal
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Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip glut could get a lot worse. Micron MU, -1.94% reported a worse-than-expected fiscal fourth quarter Thursday, with revenue plunging 23% from last year, but
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Global financial market stresses are piling up, but the commotion that forced the Bank of England to make an extraordinary intervention in the U.K. bond market Wednesday isn’t likely to be a game-changer for U.S. stock-market investors on the lookout for a market breakdown. A working notion among investors and traders has been that the
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Airport and airline workers staged demonstrations at airports across the U.S. and abroad Tuesday, protesting what they described as disorganized operations that have not built back up since staffing levels were cut at the beginning of the pandemic, forcing them to work too hard for too little pay. The protests — which included restaurant and
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Hi, MarketWatchers. Don’t miss these top stories. Jennifer Lawrence Lists Her New York City Loft for $10.5M May the odds be ever in her favor! Jennifer Lawrence recently listed her swanky three-bedroom loft in New York City’s star-studded Tribeca neighborhood for a cool $10.5 million. Read More Advice from a longtime real-estate agent: ‘Owners are
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[Editor’s note: “This Little-Known EV Battery Technology Will Drive the EV Revolution” was previously published in August 2022. It has since been updated to include the most relevant information available.] Source: Illus_man/Shutterstock You may think you know of every battery innovation, especially as students of innovation. But a secret EV battery technology you’ve likely never heard
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Summer may be long over, but HBO is all about awful vacations in October, reviving last year’s hit resort comedy “The White Lotus” and premiering a new season of the space-cruise comedy “Avenue 5.” Mike White’s hilariously scathing satire “The White Lotus” (Oct. 30), which just cleaned up at the Emmy Awards, returns for a
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“This year, Santa may not deliver.” That was the humbug assessment from Citigroup’s global asset allocation team, who predicted Wall Street is unlikely to see a late-year bounce because 2022’s performance hasn’t been good enough thus far. “Given that a Fed pivot is for now out of the question, the focus for remaining bulls is
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Google CEO Sundar Pichai reportedly grew agitated during a “heated” all-hands meeting in which an employee asked why the search engine was nickel-and-diming workers by taking away perks and benefits. Pichai, who has ratcheted up the pressure on Googlers to boost productivity, held court at a meeting in New York this week during which he
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The crown prince of Saudi Arabia, Russian oligarch Roman Abramovich, and a top Ukrainian negotiator played key roles in months of talks that led to the release of more than 250 prisoners by Russia and Ukraine this week in a broader deal involving Turkey, according to U.S., Ukrainian and Saudi officials and others familiar with the negotiations. Context:
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China’s retail sales and industrial output data for August were definitely encouraging. Retail sales grew 5.4% year-over-year (YOY) in August, while industrial production was up 4.2%. However, Chinese companies continue to be under pressure due to the disruption caused by the country’s “Zero Covid” policy, tensions between the U.S. and China, and a stricter regulatory
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Nike Inc. is slated to report fiscal first-quarter results on Thursday after the bell, with Wall Street looking at an ever-expanding list of issues to work through with the athletic gear-maker. A stronger dollar, inflation, Nike’s NKE, -1.55% cultural relevance amid competition, the impact of China’s COVID-19 lockdowns and the state of Nike’s supply chain
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