More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

Hi, MarketWatchers. Don’t miss these top stories. Black Friday dilemma: More people are using ‘buy now, pay later’ for holiday shopping, but experts say it’s a double-edged sword “Buy now, pay later” offers a new twist on the concept of layaway, which has become increasingly popular among cash-strapped young consumers. Read more “Most economists predict … Read more

More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

More and more people are using “buy now, pay later” to do their holiday shopping, but experts say it’s a double-edged sword and Black Friday is suffering from the ill wind of high prices and worries. economic

Hi, MarketWatchers. Don’t miss these top stories. Black Friday dilemma: More people are using ‘buy now, pay later’ for holiday shopping, but experts say it’s a double-edged sword “Buy now, pay later” offers a new twist on the concept of layaway, which has become increasingly popular among cash-strapped young consumers. Read more “Most economists predict … Read more

End of a winning week on Fed dovish bets

End of a winning week on Fed dovish bets

European markets muted but mark sixth week of gains Europe’s Stoxx 600 index closed flat on Friday, capping an upbeat week that saw it break a three-month high and secure a sixth week of gains. Major German and French stock exchanges were flat, with Britain’s FTSE 100 gaining 0.3%. Expectations of a slowdown in Federal … Read more

Apple, Manchester United, Activision Blizzard and more

Apple, Manchester United, Activision Blizzard and more

The Microsoft logo is seen on a smartphone placed over the Activision Blizzard logo displayed in this illustration taken January 18, 2022. Dice Ruvic | Reuters Find out which companies are making headlines Friday at noon. Apple – Apple shares fell 2% on Friday after protests erupted at the iPhone maker’s main supplier Foxconn in … Read more

5 things to know before the stock market opens on Friday November 25

5 things to know before the stock market opens on Friday November 25

Michael Nagle | Bloomberg | Getty Images Here are the most important information investors need to start their trading day: 1. Short day for stocks We hope you had a great Thanksgiving. If you have to work today, please don’t work too hard. U.S. stock markets start early, anyway, at 1 p.m. ET. (Bond markets … Read more

Asia-Pacific stocks generally down, Tokyo inflation at 40-year high; US markets closed

Asia-Pacific stocks generally down, Tokyo inflation at 40-year high;  US markets closed

Hong Kong movers: Casinos and tech stocks tumble on rising caseload in China Hong Kong-listed shares linked to reopening and technology fell in the morning session in Asia following reports of a rise in Covid cases in China. Casino Operator Actions MGM China fell by more than 4%, Wynn Macau lost 2.5%, Sands China fell … Read more

Recession will be an inch deep but a mile wide, says UBS strategist

Recession will be an inch deep but a mile wide, says UBS strategist

Global economic conditions will change next year and that will change which markets and sectors are underperforming, according to UBS Investment Bank’s chief strategist. Bhanu Baweja told CNBC’s “Squawk Box Europe” on Wednesday that between a third and a half of the countries the bank covers globally are facing a recession. “It’s an inch deep … Read more

Binance Creates $1 Billion Fund for Crypto Industry After FTX Collapse

Binance Creates  Billion Fund for Crypto Industry After FTX Collapse

Binance Co-Founder and CEO Changpeng Zhao gave several interviews on the outlook for the cryptocurrency after a turbulent few weeks in the market. NurPhoto/Contributor/Getty Images Cryptocurrency exchange Binance on Thursday announced new details about its industry recovery fund, which aims to support struggling players in the wake of FTX’s calamitous bankruptcy. In a blog post, … Read more

Total daily Covid cases in mainland China surpass Shanghai lockdown highs

Total daily Covid cases in mainland China surpass Shanghai lockdown highs

Only a few vehicles, including one with two health workers, pass through Beijing’s central business district on November 23, 2022, as the region announced stricter Covid controls. Kevin Frayer | Getty Images News | Getty Images BEIJING — Mainland China reported more than 31,000 Covid infections on Wednesday, including cases without symptoms. That surpassed the … Read more