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Hong Kong movers: Reopening and tech stocks drop as China reports Covid-related deathsJapan trading houses rise as Berkshire Hathaway reportedly boosts stakeShares of some Japanese trading houses rose early in the Asia session, despite retreats in the region's markets, after billionaire Warren Buffett's Berkshire Hathaway boosted its stake in…

Crypto wunderkind Sam Bankman-Fried had promised the island paradise a path to financial glory. His meltdown has left some Bahamians worried about the ripple effects. November 24, 2022 at 9:12 a.m. EST (Video: Courtey of Margaux Avedisian; Jeenah Moon/Bloomberg; Obtained by The Post)Comment on this storyCommentNASSAU, Bahamas — Before Sam…

Blackstone has limited withdrawals from its $125bn real estate investment fund following a surge in redemption requests, as investors clamour to get their hands on cash and concerns grow about the long-term health of the commercial property market. The private equity group approved only 43 per cent of redemption requests in its Blackstone…

Dow Jones futures tilted higher in overnight trade, along with S&P 500 futures and Nasdaq futures. Software giant Adobe rose late on an earnings beat, while big Cathie Wood holding Exact Sciences (EXAS) skyrocketed on a rival's clinical trial. X The stock market rally suffered damaging losses Thursday, with the major indexes breaking…

On Friday, the Labor Department said that the Personal Consumption Expenditures index, the Fed’s preferred measure of inflation, rose 5.8 percent in the year through December, the fastest jump since 1982.The concern on Wall Street is that interest rates will climb too quickly, hurting corporate profits, hindering consumer demand and discouraging…

Want more deals? Visit CNN Underscored’s Guide to Cyber Monday for wall-to-wall coverage of the best discounts to be found during the biggest shopping event of the year. Cyber Monday 2022: Featured deal 11:10 AM EST November 27, 2022 There are decidedly two camps…

Bitcoin (BTC) is starting the final week of January in a place no one wanted but many warned about — a 50% drawdown from all-time highs.A flight to $34,000 means that BTC/USD is now down by half in just two months, and perhaps naturally, concerns are that the losses could continue.With $30,000 so far unchallenged, Bitcoin remains slightly above…

S&P 500 futures were slightly lower early Friday as investors looked ahead to the November jobs report.Futures tied to the benchmark stock index dipped 0.16%. Dow Jones Industrial Average futures were lower by 0.1% and Nasdaq 100 futures fell 0.33%.Shares of tech companies were on the move in after-hours trading following quarterly results.…

U.S. stocks traded higher as economic growth data came in stronger than expected, and investors parsed more earnings from major companies. The Dow Jones Industrial Average rose 571 points, or 1.7%. The S&P 500 added 1.7% and the Nasdaq Composite climbed 1.5%. All 11 of the S&P 500’s 11 sectors were recently in the green, with all but the…

Sen. Tommy Tuberville, R-Ala., conducts a news conference in the senate subway to propose a vote on the January 6th commission today and delay the Endless Frontier Act and the Innovation and Competition Act until June, on Friday, May 28, 2021.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesSen. Tommy Tuberville of Alabama, who has been a staunch…