Stocks decouple from the crypto market as Bitcoin struggles below $16,800

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The recent correlation seen between stock prices and the crypto market diverged on Wednesday as cryptocurrencies fell under pressure while …

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Tesla ‘full self-driving’ triggered an eight-car crash, a driver tells police

Washington CNN — A driver told authorities that their Tesla’s “full-self-driving” software braked unexpectedly and triggered an eight-car pileup in the San Francisco Bay Area last month that led to nine people being treated for minor injuries including one juvenile who was hospitalized, according to a California Highway Patrol traffic crash report. CNN Business obtained …

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Cramer says he likes these technology and real-estate stocks for 2023

CNBC’s Jim Cramer on Wednesday highlighted technology and real estate stocks he believes can perform well in 2023, following a dismal year for both sectors. Rising interest rates presented challenges for tech and real estate industries in 2022. Information technology is down 27% year to date, as of Wednesday’s close, while real estate has fallen …

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Korea Producer Price, Thailand Trade, Japanese Yen

South Korea’s production price sees lowest growth since April 2021 South Korea’s producer price index for November grew 6.3% compared to a year ago, marking the slowest growth since April 2021 and seeing fifth consecutive month of declines. Compared to a month ago, the index fell 0.2%, driven by a decline in agricultural product prices. …

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Twitter hit by legal complaints from 100 former employees following Musk’s layoffs

New York CNN — Twitter has been hit with allegations from 100 former employees affected by mass layoffs at the company, including that it unfairly laid off more women than men, terminated employees who were actively on medical or parental leave and reneged on promises related to severance pay. The allegations were included as part …

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Asset manager names 6 big-cap stocks as safe havens in volatile market

The stock market has been extremely rocky this year, and market watchers aren’t expecting that to change in 2023. “I think what people need to recognize is that there is going to continue to be tremendous volatility in the markets and there needs to be a catalyst out there to make stocks go up,” Michael …

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Real estate experts make 2023 market predictions | State News

AUSTIN — The annual average Mortgage interest rate will likely be higher in 2023 than it was in 2022, according to Joshua Roberson, a lead data analyst at Texas A&M University’s Texas Real Estate Research Center, or TRERC. Experts at TRERC offered 2023 market predictions as the new year approaches. They acknowledged that current national …

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