Broadcom shares fell on reports that Apple was working on its own RF chips, but one analyst wondered if it was all a negotiating ploy.
The Ratings Game: Boeing’s stock is ‘approaching cruising altitude’ and ‘leaving a catalyst-rich period behind,’ Morgan Stanley says in downgrade
Jet maker Boeing Co.’s supply chain is a ‘bottleneck’ that will affect production and delivery of aircraft, analysts say.
: Chinese COVID cases expected to peak at 3.7 million a day by Jan. 13, with daily deaths reaching 25,000: health-data company forecast
China is facing a first peak of new COVID cases on Jan. 13 at 3.7 million in a day, according to Airfinity, a predictive health analytics firm.
Coronavirus Update: China takes first steps to punish countries that imposed testing mandates for Chinese travelers
China suspended visas for South Koreans on Tuesday in a tit-for-tat response to that country’s COVID testing requirement for Chinese tourists.
The Moneyist: ‘Our kids say our small house is embarrassing’: My husband and I earn $160K, have $1 million in retirement savings, cook at home and drive an old Honda. Are we missing out?
‘Should we be redecorating, going to Cancun and Disney World and getting takeout every night instead?’
Key Words: JPMorgan Chase CEO Jamie Dimon sticks to hiring plans and dials back prediction of economic ‘hurricane’
CEO lambastes FTX as a ‘decentralized Ponzi scheme’ and says JPMorgan continues to add staff as it opens more branches around the globe.
Metals Stocks: Gold futures mark first loss in 3 sessions
Gold prices give up early Tuesday gains to finish with a slight loss.
Financial News: LME told to tighten volatility controls to stop another nickel crisis
The London Metal Exchange needs to overhaul how it oversees live trading to prevent another market collapse after it was forced cancel $4 billion in nickel trades, a report into the fiasco says.
Futures Movers: Oil ends higher on China’s reopening, but traders watch for signs of a global recession
Oil futures find support as investors continue to monitor China’s reopening and look for signs of a potential global recession.
The New York Post: Diamond Lynnette Hardaway, ‘Diamond and Silk’ co-pundit, dead at 51
The Trump-loving political pundit was remembered by the former president, who announced that it was ‘really bad news for Republicans’