The bank upgraded Moderna to buy from neutral.
Goldman Sachs downgrades Tesla, citing difficult pricing environment for electric vehicles
Goldman Sachs joined other Wall Street banks in downgrading Tesla.
Putin’s weaknesses laid bare after 24 hours of rebellion in Russia
The fact that the upstart Prigozhin could even mount an armed mutiny with his private military company is an embarrassment and political blow for Putin.
Live updates: Putin says mutiny organizers will face justice; Biden says U.S. not involved in rebellion
An attempted mutiny against the Russian military has raised questions about President Vladimir Putin’s grip on power and what could be next for the country.
Mortgage catastrophe brews in Britain as millions are pushed toward insolvency
Research estimates that the Bank of England’s latest rate hike could see 1.2 million U.K. households run out of savings by the end of the year.
China throws its support behind Russia, says Wagner rebellion is ‘internal affair’
“This is Russia’s internal affair,” said a Chinese foreign ministry’s spokesperson in a statement.
Russian mercenary chief Prigozhin is a ‘dead man walking,’ Eurasia Group’s Ian Bremmer says
Yevgeny Prigozhin’s fighters got within 200-kilometers of Moscow after overrunning a key southern city before he abruptly said they were turning back.
OPEC says oil demand will hit 110 million barrels per day in 2045
Global oil demand will rise to 110 million barrels a day in two decades, bringing the world’s energy demand up 23%, said OPEC.
How long will it take for Ukraine’s economy to recover? Previous wars offer some clues
Russia’s invasion of Ukraine brought Kyiv’s economy to a standstill. The extent of the damage, however, will not be fully known until the war ends. CNBC examines how long it will take Ukraine to restore its economy and how the process might unfold.
Billions in federal infrastructure spending could be wasted due to outdated government rainfall models
NOAA’s precipitation expectation model, Atlas 14, is based on backward-looking data and does not incorporate the effects of global warming.
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