The XBB.1.5 omicron subvariant that has been dominant in the Northeast for several weeks is now officially dominant across the U.S., according to an update from the Centers for Disease Read more
Tag: Consumer Goods
Tesla is a ‘soft-landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more
Inflation is easing, but the prices of these groceries are expected to soar in 2023 — including one whose price rose nearly 60% in December
General inflation is easing, but the prices of some food items are not going down anytime soon. And the reasons are largely out of the Federal Reserve’s control. The consumer Read more
China takes first steps to punish countries that imposed testing mandates for Chinese travelers
China on Tuesday suspended visas for South Koreans to enter the country for tourism or business in apparent retaliation for South Korea’s COVID-19 testing requirements for Chinese travelers, the Associated Press Read more
Moderna, CureVac and Ocugen offer updates on COVID vaccines, while China cracks down on critics of government’s pandemic response
A flurry of announcements relating to COVID vaccines dominated headlines on the pandemic on Monday, with Moderna telling investors it expects to generate some $5 billion in sales in 2023. Read more
Tesla stock wipes out three day bounce, hits lowest price in more than 2 years
It has taken just one day for Tesla Inc.’s stock to erase the entire bounce it enjoyed over the last three days trading sessions of 2022, as disappointing deliveries data Read more
These 20 stocks were the biggest winners of 2022
Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners. Before showing you the Read more
Here’s the next mega tech stock likely to fall into the bear market’s clutches, according to this chart
Last goal for 2022? Ending it. Stock markets would like to just get there without any more meaningful losses, says Navellier and Associate’s chairman and founder Louis Navellier, who adds Read more
FIFA rebuffed Zelensky’s offer to share message of peace at World Cup final, report says
World soccer’s governing body FIFA rebuffed an offer from Ukrainian President Volodymyr Zelensky to share a message of world peace at the World Cup final, according to a CNN report. Read more
Lululemon stock drops 10% after mixed quarterly results, soaring inventories
Lululemon Athletica Inc. stock fell more than 10% in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results and saw inventories soar. Lululemon LULU, +0.59% earned $735 Read more