Business

The Nasdaq Is Down More Than 25% This Year. Time to Buy These 5 Top Stocks

While most investors hate market corrections, they offer great opportunities to add solid stocks to your portfolio for the long term. With the Nasdaq composite index has fallen about 27% this year at the time of writing, several growth stocks have also undergone significant correction. Let’s discuss five such top stocks that look very attractive …

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Dow Jones Falls, Tech Stocks Sell Off To Kick Off Week

The Dow Jones Industrial Average fell Monday as the stock market paused after a two-day bounce off correction lows. X Twitter (TWTR) shares fell more than 4% after Elon Musk said: the company’s legal team accused him of violating a nondisclosure agreement. On Friday, Musk said his $44 billion deal to take over Twitter was …

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China’s Economic Activity Collapses Under Xi’s Covid Zero Policy

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics, and subscribe to our podcast. Most read by Bloomberg The Chinese economy is paying the price for the country’s Covid Zero policy, with industrial production and consumer spending falling to the worst level since the start of the pandemic and analysts warn …

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5 things to know before the stock market opens Monday, May 16

Here are the key news, trends and analysis investors need to start their trading day: 1. Dow to open slightly higher after 7 consecutive weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, May 13, 2022. Brendan Mcdermid | Reuters US stock futures turned …

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FDA Approves Tirzepatide Injection for Adults With Type 2 Diabetes

Tirzepatide is a once-weekly glucose-dependent insulinotropic polypeptide and glucagon-like peptide-1 receptor agonist indicated as an adjunct to diet and exercise in adults with type 2 diabetes. The FDA has approved tirzepatide (Mounjaro; Eli Lilly and Company), a new, dual-targeted treatment shown to improve glycemic control in adults with type 2 diabetes. The once-weekly glucose-dependent insulinotropic …

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Gloomy Goldman offers 20 ‘safety’ stocks with valuations below the previous 2 bear markets

It’s tight in the Wall Street bear tracker these days. Goldman Sachs just lowered their US growth forecasts for 2022 (to 2.4% from 2.6%) and for 2023 (to 1.6% from 2.2%) as senior chairman Lloyd Blankfein warned against ” very, very high” risks to a US recession. “If I were running a large company, I …

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Why are restaurant burgers better than the ones you grill at home?

Over the weekend, the weather in Chicago finally changed from freezing. As temperatures continue to climb into the mid-80s, all the grills in the park across my street are in constant use. Every time I go outside, I see a new set of groups around the grills, charcoal futs and clicking tongs. Most make burgers …

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