A new way to short Tesla: AXS Investments launches new single-stock ETFs

In this article NKEL PFEL PFES NKEQ PYPT PYPS NVDS TSLQ Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure of short-term single-stock investments. “They’re designed for active traders, traders that are…

These stocks are best for the long term, top Wall Street analysts say

In this article BAC MRVL GFS KNX TFC Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Investors seem to be welcoming the latest earnings season with fresh optimism despite nagging concerns about inflation, recession and rising interest rates. Indeed, strong quarterly results from a number of key companies have helped power the major stock…

Travelers should act now to capitalize on a strong dollar for trips abroad, says travel editor: ‘Don’t be too greedy’

Glowimages | Glowimages | Getty Images It’s a good time to be an American traveling abroad. The value of the U.S. dollar has been at its strongest in years relative to many major global currencies of late— meaning travelers can buy more overseas than in the recent past. Put another way, Americans are effectively getting…

A West Coast port worker union is fighting robots. The stakes for the supply chain are high

Shipping containers are transported by automated guided vehicles (AGV) beside gantry cranes on the dockside at the Delta Terminal, operated by Europe Container Terminals BV (ECT), at the Port of Rotterdam in Rotterdam, Netherlands. Bloomberg | Bloomberg | Getty Images The sight last year of dozens of gigantic container vessels anchored for weeks off the…

Watch Christine Lagarde speak after the ECB surprises markets with larger rate hike

[The stream is slated to start at 08:45 ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference after the bank’s latest monetary policy decision. The ECB, the central bank of the 19 nations that share the euro currency, pushed…

Here are 6 strategies to recession-proof your finances at any age

Like many Americans, you may be worried we are heading into a recession. More than 6 out of 10 Americans — 62% — believe there will be a recession in the next year, according to the latest CNBC All America Economic survey conducted in early July. Older Americans in their late 50s and beyond feel…

WHO declares rapidly spreading monkeypox outbreak a global health emergency

Pavlo Gonchar | Lightrocket | Getty Images The World Health Organization has activated its highest alert level for the growing monkeypox outbreak, declaring the virus a public health emergency of international concern. The rare designation means the WHO now views the outbreak as a significant enough threat to global health that a coordinated international response…

Crypto startup Blockchain.com lays off 25% of staff as 3AC fallout spreads

Blockchain co-founder and CEO Peter Smith speaks during the Web Summit tech conference in Lisbon, Portugal on November 6, 2018. Pedro Fiúza | NurPhoto via Getty Images Crypto startup Blockchain.com says it is laying off 25% of its staff, citing harsh market conditions. The cuts translate to about 150 roles at the firm. The company…

‘I stole $20,000 from one woman’: How romance scams are costing victims millions

“My goal was to get money,” said Adekunle Adedeji, a former romance scammer from Nigeria who goes by the name Chris. While Adedeji, 23, did not pose as a “Nigerian prince,” he did tap another long running internet fraud: the romance scam. Using someone else’s photos found on Instagram and pretending to be an American…

President Joe Biden likely has BA.5 variant but Covid-19 symptoms ‘continue to improve,’ doctor says

President Joe Biden, who tested positive today for Covid-19 this morning, posts on Twitter “Folks, I’m doing great. Thanks for your concern. Just called Senator Casey, Congressman Cartwright, and Mayor Cognetti (and my Scranton cousins!) to send my regrets for missing our event today.” Courtesy: White House President Joe Biden likely has the BA.5 Covid-19 variant…