Chinese companies have pulled back from listing in the U.S. this year in a clear pivot to Hong Kong amid rising tensions between Beijing and Washington, and higher regulatory thresholds in New York. Chinese initial public offerings in the U.S. have slumped 4% year-on-year in terms of deal value so far this year, raising just $875.7 million from 23 deals. That’s down 93% from the $13 billion across 39 listings during the same period in 2021, according to data provider Dealogic. In 2021, Chinese IPOs in the U.S. were on track hit a record high, before Beijing moved to intensify…
Author: usaeverydaylife
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : It’s been a volatile day on Wall Street. The S & P 500 wiped out earlier losses of roughly 1.5% on Tuesday and turned modestly higher in late afternoon trading. Initial worries about renewed U.S.-China trade tensions sank the market after Monday’s strong snap-back rally from Friday’s tariff-driven rout. The Nasdaq on Tuesday remained stubbornly in the red as tech struggled. It was the only one of the…
An inflation pattern is forming in the consumer price charts in the same way it did in the 1970s, a potentially troubling indicator for the financial markets. Investors should take a look at the shape of the Federal Reserve’s preferred inflation gauge today versus how it looked in the days of Presidents Nixon, Ford and Carter, according to Peter Corey, chief market strategist at Pave Finance. The core personal consumption expenditures price index, which excludes volatile food and energy prices, is currently chopping around 3%. After spiking toward 5.5% in the early days of the pandemic, it has thus far…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesAdult ChatGPT users can soon access a less censored version of the artificial intelligence chatbot, which will include erotic materials, OpenAI CEO Sam Altman has announced in an apparent policy shift.”In December, as we roll out age-gating more fully and as part of our ‘treat adult users like adults’ principle, we will allow even more, like erotica for verified adults,” Altman said in a social media post…
Newly-elected leader of Japan’s Liberal Democratic Party (LDP) Sanae Takaichi shakes hands with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo, Japan, on Oct. 04, 2025.Anadolu | Anadolu | Getty ImagesUnder normal circumstances in Japan, the leader of the governing party would be the prime minister, particularly between election cycles.But these are not normal times in Tokyo, with outgoing Prime Minister Shigeru Ishiba staying on in a caretaker role after resigning on Sept. 7.Sanae Takaichi, the current president of Japan’s ruling Liberal Democratic Party and the woman poised to become the country’s first female prime minister,…
Pedestrians pass a Huawei Technologies Co. flagship store in Shenzhen, China, on Wednesday, Oct. 8, 2025. Qilai Shen | Bloomberg | Getty ImagesChina’s consumer prices fell more than expected in September, while the deflation in producer prices persisted, underscoring the impact of sluggish domestic demand and trade worries on consumer and business sentiment.The consumer price index fell 0.3% in September from a year earlier, National Bureau of Statistics data showed on Wednesday, a sharper decline than economists’ forecast of a 0.2% slide. Prices ticked up 0.1% month-on-month.Core CPI, which strips out volatile food and energy prices, rose 1.0% from a…
U.S. President Donald Trump and Iraqi Prime Minister Mohammed Shia al-Sudani gesture as they pose for a photo, at a world leaders’ summit on ending the Gaza war on Oct. 13, 2025 in Sharm El-Sheikh, Egypt. Pool | Getty Images News | Getty ImagesBAGHDAD — Iraq’s Prime Minister Mohammed Shia Al-Sudani said he hopes to end the country’s $4 billion reliance on Iranian gas by 2028, in an effort to diversify the major oil-producer’s economy.Decades of mismanagement, underinvestment and corruption have strained the power grid of Iraq, which is OPEC’s second-largest oil producer after Saudi Arabia.Gas from Tehran fuels nearly…
U.S. President Donald Trump speaks during a ceremony to posthumously award the Medal of Freedom to Charlie Kirk, in the Rose Garden patio at the White House in Washington, D.C., U.S., Oct. 14, 2025. Kevin Lamarque | Reuters U.S. stocks had a rocky day of trading, swinging from highs and lows like the quality of Game of Thrones across its eight seasons. At its lowest during the session, the S&P 500 fell as much as 1.5%, but picked up and traded positive for most of the day after U.S. Trade Representative Jamieson Greer gave an indication that China’s next trade…
Jakub Porzycki | Nurphoto | Getty ImagesSpotify is officially bringing video podcasts to Netflix.The partnership will bring a selection of podcasts from The Ringer, a network acquired by Spotify in 2020, to the streaming company in early 2026 for U.S. users.The podcasts will range from sports to culture to true crime, aiming to both complement Netflix’s current slate and bring in new audiences, pulling from The Ringer’s lineup. The companies said more markets outside of the U.S. are in the pipeline.”This partnership marks a new chapter for podcasting,” Spotify’s Head of Podcasts Roman Wasenmüller said in a statement. “Together with Netflix,…
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty ImagesAsia-Pacific markets opened higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud.U.S. President Donald Trump on Tuesday stateside criticized China for not buying soybeans, calling it an “an economically hostile act.” He also threatened “retribution” such as a cooking oil embargo.”Volatility remains elevated, and the best explanation is the strained relationship between the U.S. and China,” Veteran investor Louis Navellier wrote in a note published…
