Nasdaq Bear Market: Cathie Wood Is Still Bullish on These 3 Beaten-Down Growth Stocks

Nasdaq Bear Market: Cathie Wood Is Still Bullish on These 3 Beaten-Down Growth Stocks

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Cathie Wood, the founder and CEO of Ark Invest, rose to popularity during the coronavirus pandemic thanks to her firm’s successful bets on some of the most disruptive tech companies. Her flagship exchange-traded fund (ETF), the Ark Innovation ETF (ARKK 5.54%), skyrocketed 153% in 2021, prompting many investors to closely watch her trading moves as …

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‘It Will Take Years to Correct Unemployment, Inequality to Pre-Pandemic Levels’

‘It Will Take Years to Correct Unemployment, Inequality to Pre-Pandemic Levels’

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In the first of a two-part series of interviews on the state of the economy before the Budget is presented on February 1, India’s former chief statistician and one of the country’s renowned economists says that the condition of the MSME sector, which accounts for 30 % of the economy and perhaps 40% of employment, …

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Top 5 Cryptos Seen Making Double-Digit Gains In The Final Days Of January

Top 5 Cryptos Seen Making Double-Digit Gains In The Final Days Of January

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The bulk of the cryptocurrency market entered 2023 with a great deal of optimism, as the majority of its crypto assets began showing good outcomes on charts spanning several timeframes. In the final days of January, we pick these top 5 cryptos that have a strong potential to increase by double-digits, or even more. Prices …

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Why China Is Battling a Mid-Winter Gas Shortage

Why China Is Battling a Mid-Winter Gas Shortage

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Parts of China are experiencing extreme cold this winter: the country’s northernmost city of Mohe logged -63°F, the lowest temperature on record. Amid that, a lack of affordable natural gas has left many people struggling to keep warm. Earlier this month, state-run Global Times reported that communities in Hebei province complained of cuts and rationing …

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What recession? Inflation, GDP offer hope for ‘soft landing’

What recession? Inflation, GDP offer hope for ‘soft landing’

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Perhaps a 2023 recession can be avoided after all. Consistently falling prices alongside a stronger-than-expected fourth-quarter gross domestic product (GDP) and next week’s predicted less aggressive interest rate hike from the Federal Reserve are changing economists’ tune and renewing hopes about the overall health of the economy. The personal consumption expenditures price index (PCE) cooled …

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FTX crypto founder Sam Bankman-Fried thought jail would be ‘like The Shawshank Redemption’: report

FTX crypto founder Sam Bankman-Fried thought jail would be ‘like The Shawshank Redemption’: report

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Mintz & Gold partner Ira Sorkin discusses if accused fraudster Sam Bankman-Fried’s ‘loose lips’ will hurt his criminal case on ‘The Claman Countdown.’ Sam Bankman-Fried reportedly said that he thought his time in prison in the Bahamas would be like the 1994 classic film “The Shawshank Redemption.” “I thought that it was going to be …

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Exclusive: India’s Adani says .5 billion share sale on track even as bankers mull changes

Exclusive: India’s Adani says $2.5 billion share sale on track even as bankers mull changes

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MUMBAI, Jan 28 (Reuters) – A $2.5 billion share sale by India’s Adani Enterprises (ADEL.NS) remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes due to a market routine in the group’s shares. Bankers on the deal were considering extending the sale or …

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