‘Cheap’ stocks to buy to beat rising prices, slowing growth: Strategists

‘Cheap’ stocks to buy to beat rising prices, slowing growth: Strategists 0
- Business
- May 24, 2022
The global economy is beset with rising inflation and slowing growth. Here, CNBC Pro sifts through recent research notes to identify strategists’ top stocks in this tricky environment. The U.S. Federal Reserve hiked rates in March for the first time in more than three years, and announced a further 50-basis-point hike earlier this month .
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U.S. bars Russia from paying bondholders through American banks, increasing default risk 0
- Business
- May 24, 2022
The Kremlin towers and Ivan the Great Cathedral in Moscow. Kirill Kudryavtsev | Afp | Getty Images The Biden administration will ban Russia’s government from paying bondholders through American banks starting Wednesday morning, the Treasury Department said. The move increases the odds that Russia will default on its outstanding debt. It is the latest sanction
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Tech stock rout or temporary blip? Top CEOs weigh in on what’s next for markets 0
- Business
- May 24, 2022
Monitors display stock market information at the Nasdaq MarketSite in New York, on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Top CEOs and investors have struck an optimistic tone on the recent sell-off global technology stocks, telling CNBC it’s unlikely to metastasize into a broader market crisis. The tech-heavy Nasdaq 100
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In Asia, economy and security can’t be separated 0

May 24, 2022

Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO — Security deals are important, but in Asia, money talks. Australia, India, Japan and the United

European markets open to close, data, earnings, Davos 0

Business

May 24, 2022

LONDON — European stocks are expected to open lower Tuesday as U.S. markets struggle to maintain a comeback rally. The U.K.’s FTSE index is seen opening 35 points lower at 7,468, Germany’s DAX 47 points lower at 14,099, France’s CAC 40 down 28 points at 6,310 and Italy’s FTSE MIB 168 points lower at 23,945, according

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