technology

This hedge fund manager who made winning bets on 2020 says investors should prepare for a decades-long bear market.

On the heels of last week’s bullish turn in stocks, the market was off to a mixed start on Monday. Hong Kong stocks may be weighing on the mood with a big drop after China’s leader consolidated his power. And we are entering the Fed’s blackout period ahead of next week’s meeting which is expected …

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Rats with backpacks could help rescue earthquake survivors

CNN — Buildings don’t collapse very often – but when they do, it’s catastrophic for those trapped inside. Natural disasters like earthquakes and hurricanes can wipe out entire towns, and for search and rescue teams trying to find survivors, it’s an uphill task. But an unlikely savior is being trained to help: rats. The project, …

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China GDP: Hong Kong shares fall 6% on fears over Xi’s third-term win data

Hong Kong CNN Business — Hong Kong stocks had their worst day since the 2008 global financial crisis, just one day after Chinese leader Xi Jinping ensured his iron grip on power a an important political meeting. Foreign investors frightened by the result of the reorganization of the leadership of the Communist Party abandoned Chinese …

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Dollar Absorbs Suspected Yen Intervention; mixed data from China

https://tmsnrt.rs/2zpUAr4 The dollar hit against the yen by the alleged intervention of the BOJ Stocks trim early gains as China markets ease China’s GDP beats forecasts, but retail sales disappoint Stg flat as Boris Johnson drops out of the PM race SYDNEY, Oct 24 (Reuters) – The U.S. dollar on Monday weathered another purported flurry …

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The economy may be in better shape than you think… for now

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? you can register right here. New York CNN Business — the real-estate market it is rapidly losing strength. Interest rates keep climbing. the stock Exchange remains volatile. Y inflation it’s still a major problem for people trying to …

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Nasdaq halts small Chinese company IPOs as it probes stock rallies

NEW YORK, Oct 22 (Reuters) – Nasdaq Inc. (NDAQ.O) has slowed initial public offering (IPO) preparations for at least four small Chinese companies while investigating short-lived stock rallies by said companies after their debuts, according to lawyers and bankers working on such stock launches. The stock trader’s actions come amid a surge in shares of …

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Stock market investors are gearing up for the busiest week of earnings season. This is how it stacks up so far.

So far so good? Stocks finished first full week of earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500SPX, +2.37% and Nasdaq Composite COMP, -0.81% to its biggest weekly earnings since June. It gets busier in the coming week, with 165 S&P 500 companies, including 12 Dow …

Stock market investors are gearing up for the busiest week of earnings season. This is how it stacks up so far. Read More »

Parler cheats on Ivanka Trump and Kimberly Guilfoyle in Kanye West ad

Social media platform Parler accidentally leaked the personal email addresses of its own VIPs, including Ivanka Trump and Kimberly Guilfoyle. Parler’s disclosure team sent an email to more than 200 verified users on Monday to announce a deal its parent company made with Kanye West will take over the platform. The deal with the rapper, …

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Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is there a dumpster next?

Another earnings call from Tesla Inc. and another fanciful prediction from Elon Musk that likely spurred another open file at the Securities and Exchange Commission on Wednesday. CEO of Tesla Inc. TSLA, +0.84% told investors on Wednesday that he believes the electric carmaker’s valuation will exceed the combined market capitalization of the world’s two most …

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