The West united against Russia. Will its nerve hold as prices soar?

The West united against Russia.  Will its nerve hold as prices soar?

Davos, Switzerland CNN Business – When Ukrainian President Volodymyr Zelensky spoke by video to a packed room at the World Economic Forum in Davos, Switzerland, he thanked the West for its solidarity against Russia. But he also issued a warning to political leaders and business executives: Do not lose your nerve. “I would only wish … Read more

The West united against Russia. Will its nerve hold as prices soar?

The West united against Russia.  Will its nerve hold as prices soar?

Davos, Switzerland CNN Business – When Ukrainian President Volodymyr Zelensky spoke by video to a packed room at the World Economic Forum in Davos, Switzerland, he thanked the West for its solidarity against Russia. But he also issued a warning to political leaders and business executives: Do not lose your nerve. “I would only wish … Read more

Blinken says US ready to increase diplomacy with China in “this charged moment of the world”

Blinken says US ready to increase diplomacy with China in “this charged moment of the world”

In a lengthy speech delivered at George Washington University Thursday, the top US diplomat outlined the administration’s approach as “invest, align, compete,” and said that although the United States does not seek conflict with China, it is prepared to defend its interests. “We will invest in the foundations of our strength at home – our … Read more

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures higher as Wall Street looks to break losing streaks Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City. Spencer Platt | Getty Images US … Read more

Secretary of State Antony Blinken speaks on US policy toward China

WASHINGTON – Secretary of State Antony Blinken on Thursday described China as the “most serious long-term challenge to the international order,” even as the world grapples with Russia’s war in Ukraine. “China is the only country with both the intent to reshape the international order – and, increasingly, the economic, diplomatic, military, and technological power … Read more

This eclipse-like event is why bitcoin could reach $ 100,000 by next year, says forecaster with a solid record on the crypto

Stocks are settling in for more choppy action, as investors continue to consider the Federal Reserve minutes and after Nvidia dropped a warning late Wednesday. But we’re switching away from Wall Street’s tug of war to focus on cryptocurrencies, and a call from the president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who … Read more

Brittney Griner’s wife tells ABC she wants WNBA star home

Brittney Griner’s wife, Cherelle, wants President Joe Biden to secure her partner’s release, doing whatever is necessary to get the WNBA star home from Russia where she has been detained for more than three months. “I just keep hearing that, you know, he has the power. She’s a political pawn, ”Said Cherelle, who became emotionally … Read more

Elon Musk Sounds an Alarm on Italy, Hong Kong, South Korea

Elon Musk can not get a particular problem out of his head. He runs several companies – two of which, Tesla (TSLA) – Get Tesla Inc Report and SpaceX, are leaders in their respective fields of electric vehicles and space tech. Musk is further occupied with his hectic $ 44 billion acquisition of microblogging site … Read more

Wouldn’t worry about monkeypox, cuts drug costs for low-income

Albert Bourla, Pfizer CEO, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galici | CNBC Pfizer’s CEO said Wednesday that he “would not worry much” about a recent monkeypox outbreak that has seen cases surge in non-endemic countries. Albert Bourla told CNBC that current data on the disease suggests it does not … Read more

Here’s the signal for investors from the deep pessimism of Bill Ackman and George Soros

Stock index futures are bouncing around on the 100th day of trading this year, with the Dow and S&P 500 headed for the worst annual start since 1970 and the Nasdaq its worst ever. This choppy market can not help itself, because “there are too many unknowns,” Stephanie Link, chief investment strategist and portfolio manager … Read more