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BEIJING — China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t headed toward Japan-style stagnation just yet, according to Macquarie’s Chief China Economist Larry Hu.China’s recent economic data largely disappointed investors hoping for a sharp rebound in the world’s second-largest economy after the end of…
Oil prices rose following OPEC kingpin Saudi Arabia’s decision to cut production by another million barrels per day.On Sunday, the Organization of the Petroleum Exporting Countries and its partners (known as OPEC+) made no changes to its planned oil production cuts for the rest of the year. However, the world’s…
Members of the union representing television and film actors have voted to authorize a strike against major studios if a new contract isn’t reached by the time their current deal ends on June 30. Members of the Screen Actors Guild — American Federation of Television and Radio Artists “voted 97.91%…
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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.In the turbulent seas of the cryptocurrency market, certain projects are making waves. XRP, TRON, and the emerging Collateral Network are turning heads and priming their sails for a surge. As the market stands at the precipice…
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Investment thesis: Not long ago, it seemed that Nokia (NYSE:NOK), as well as Ericsson (ERIC), were set to beat out embattled Huawei for the lead in global 5G contracts. Under US pressure, many markets were shut for Huawei, which last decade seemed to emerge as a dominant 5G equipment provider.…
Eight years after he first announced he was running for president, Chris Christie is readying for a return to the national stage.The brash former governor of New Jersey is expected to launch his second presidential run on Tuesday with a town hall-style event in Manchester, New Hampshire, some 300 miles…
When Florida Gov. Ron DeSantis delivered his initial speech as a declared presidential candidate in Iowa last week, his first 15 minutes succinctly previewed how Republicans might defeat President Joe Biden next year. The next 30 minutes of DeSantis’ speech then demonstrated how Biden might survive despite all the doubts…
Shares of Alphabet Inc. Cl A GOOGL, +1.07% rose 1.07% to $126.01 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.20% falling 0.20% to 4,273.79 and Dow Jones Industrial Average DJIA, -0.59% falling 0.59% to 33,562.86. This…