Bitcoin could plunge even further to a low of $13,000, one strategist warns
Ian Harnett, co-founder of Absolute Strategy Research, said past crypto rallies show bitcoin tends to fall roughly 80% from all-time highs.
A massive rail walkout in Britain is expected to kick off a summer of strikes over pay
A days-long rail walkout that is causing severe travel disruption across the Britain could be just the beginning of a summer of strikes, U.K. workers’ unions have warned.
Coal investments set to rise 10% this year as nations fret over energy security
The IEA’s report comes at a time of rising inflation, a sustained surge in oil and gas prices and geopolitical tensions.
European markets set to slide at the open, giving up gains made earlier this week
European stocks are expected to open in negative territory on Wednesday, giving up gains made in the previous session amid more positive global sentiment.
Senators release text of bipartisan gun bill, seek final passage this week
The text was finalized after overcoming last-minute hurdles, particularly on “red flag” provisions and closing the “boyfriend loophole,” NBC News reports.
Mark Mobius shares tips on how investors can jump on India’s ‘incredible growth opportunity’
India is now “emerging as something very exciting,” thanks in part to technology and government policies, says veteran investor Mark Mobius.
China’s EV battery supply chain shows signs of forced labor, report says
There are indications that Chinese companies that produce raw materials for EV batteries use forced labor, according to The New York Times.
These bank stocks did well during the 1994 Fed rate hikes — and could be about to do so again
CNBC Pro screens for U.S. banking stocks that could do well if the Fed revisits its 1994 playbook.
TSMC and more: Morningstar analyst picks her top Greater China stocks
China’s beaten-down stock market is ripe for investors with a longer-term horizon, according to Morningstar’s Lorraine Tan, who reveals her favorites.
Asia-Pacific stocks poised to open mixed as Wall Street bounces back
Shares in the Asia-Pacific region were set to open mixed on Wednesday, after a strong lead from Wall Street following a long weekend.