Yusuf Mehdi, Microsoft’s consumer chief marketing officer, speaks during an event at the company’s headquarters in Redmond, Washington, on Feb. 7, 2023. Chona Kasinger | Bloomberg | Getty Images Microsoft on Thursday said keyboards on upcoming Windows PCs will feature a Copilot key for having text conversations with the software […]
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China’s property ‘inventory overhang’ could take more than 10 years to correct, economist says
The site of a real estate building under construction in Huai ‘an city, Jiangsu province, China, December 26, 2023. CFOTO | Future Publishing | Getty Images China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more […]
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just as artificial intelligence is taking off. The […]
Indonesians head to the polls in February. Here are key issues dominating the elections
Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission (KPU) office in Jakarta, Indonesia, on December 12, 2023. Indonesia is preparing to hold general elections for president and vice […]
Names in Jeffrey Epstein court documents unsealed
Jeffrey Epstein and Ghislaine Maxwell attend the Batman Forever/R. McDonald Event in New York City on June 13, 1995. Patrick McMullan | Getty Images This is breaking news. Check back for updates. New York federal court documents containing previously hidden names of people associated in some way with the late […]
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark 10-year Treasury note yield will hit 5.5% this year — its highest level since May 2001. A major part of his thesis is built on the economy’s strength and resiliency. […]
Jim Cramer on selling Big Tech shares: ‘No one ever got hurt taking a profit’
CNBC’s Jim Cramer on Wednesday said that profit-taking is important, even if it’s hard to let go of winning shares. Cramer recently trimmed some Big Tech holdings in the CNBC Investing Club’s Charitable Trust, but admitted that it was not an easy decision. To Cramer, companies in the “Magnificent Seven” […]
Climate change has forced millions to flee their homes — and Asia is ‘not prepared’
A girl sits on a cot as she crosses a flooded street in Pakistan on October 4, 2022. A record 32.6 million internal displacements were associated with disasters in 2022 — more than the 28.3 million with conflict and violence, according to the Internal Displacement Monitoring Centre. Fida Hussain | […]
Cramer says the market has ‘momentarily fallen out of love’ with the Magnificent Seven
CNBC’s Jim Cramer on Wednesday said that as Wall Street’s desire to buy the “Magnificent Seven” tech stocks has waned, dividend-paying stocks are grabbing more attention. “The market has, momentarily, fallen out of love with the Mag Seven,” Cramer said. “This is a new market — that’s right — where […]
Trump loses last-ditch appeals court bid to delay E. Jean Carroll rape defamation civil trial
Former U.S. President Donald Trump looks on during a campaign event in Waterloo, Iowa, on Dec. 19, 2023. Scott Olson | Getty Images A New York federal appeals court on Wednesday rejected a last-ditch effort by Donald Trump to delay his upcoming civil trial for defaming E. Jean Carroll after […]