Month: October 2021

A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images Morgan Stanley has upgraded China’s property sector to “attractive,” even as worried investors are watching closely to see if debt-saddled Evergrande might default, and whether there will be contagion. The U.S. investment bank said it
0 Comments
Singapore’s new “vaccinated travel lanes” sparked a flurry of flight inquiries as residents of the city-state seek to take advantage of easing international travel measures. Searches for cities within Singapore’s so-called VTLs doubled — and in some cases almost tripled, according to Expedia Group data. It came after government officials announced the opening of new
0 Comments
Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, September 13, 2021. Brendan McDermid | Reuters Closely followed innovation investor Cathie Wood said they migration trend playing out in her own company is further evidence that investors should fear deflation
0 Comments
St. Louis Federal Reserve President James Bullard advocated Tuesday for the central bank to be aggressive as it starts winding down its monthly bond-buying program in case inflation becomes a larger problem. In a CNBC interview, the Fed official said he thinks it’s a 50-50 chance that the current inflation pressures are transitory, so policymakers
0 Comments
In Amazon’s early days, Jeff Bezos didn’t pay much heed to his critics. Decades later, he seems ready to finally call them out. Bezos, the world’s second-richest person, took to Twitter over the weekend to offer his advice on accepting criticism without letting it deter you. On Sunday, Bezos unearthed a 22-year-old cover story from
0 Comments
Spacecraft commander Jared Isaacman speaks into a microphone as he peers out the cupola window. Inspiration4 The historic Inspiration4 mission, launched and operated by Elon Musk’s SpaceX, returned safely from orbit last month. CNBC spoke to the mission’s commander and benefactor Jared Isaacman about the experience. He spent three days in SpaceX’s Crew Dragon capsule
0 Comments
Ariel Skelley | DigitalVision | Getty Images If you’re remodeling your kitchen, you probably turn to a licensed contractor. Planning an expensive European vacation or Hawaiian honeymoon? You may very well have a travel agent handle the booking. So, why, when planning your financial future, wouldn’t you seek out professional help? It’s common sense. Yet
0 Comments