“We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries,” Cramer said.
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Hoping to beat the tourist crowd on your trip to Japan? That ship has sailed
In October, Japan recorded 498,600 visitors, up from 206,500 arrivals in September, preliminary data from the Japan National Tourism Organization showed.
Continue readingAsset manager names 9 ‘cheap’ stocks to buy as recession fears grow
Steven Glass, managing director of Pella Funds Management, urged investors to be “hyper-vigilant” about valuations right now.
Continue readingDisney hiring freeze will stay in place, CEO Bob Iger tells employees
Disney CEO Bob Iger said he won’t remove the company’s hiring freeze and that he will reassess its cost structure.
Continue readingTech companies begin rerouting critical chip supplies to trucks with rail strike looming
Semiconductor chip suppliers are among companies starting to send more cargo to trucks ahead of a potential freight railroad strike.
Continue readingU.S. criticizes China’s zero Covid strategy, says Beijing needs to boost vaccination among elderly
The White House, in a statement, said the Chinese people have the right to protest peacefully.
Continue readingHere’s how the BlockFi bankruptcy may affect your crypto taxes for 2022
Here’s how the BlockFi bankruptcy and recent FTX collapse may affect your crypto taxes for 2022, according to experts.
Continue readingStocks making the biggest moves midday: Apple, DraftKings, Biogen, Williams-Sonoma and more
These are the stocks posting the largest moves midday Monday, Nov. 28.
Continue readingJPMorgan downgrades DraftKings, says other sports betting stocks look more attractive
It’s time for investors to ditch shares of DraftKings, according to JPMorgan.
Continue readingCiti upgrades Live Nation, says a breakup is unlikely even after Taylor Swift ticket fiasco
Despite the recent Taylor Swift ticket debacle, Live Nation will likely avoid a much-called-for breakup, according to Citi.
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