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South Africa’s economy at tipping point as outlook improves but political, energy risks remain

LONDON - South African President Cyril Ramaphosa speaks during a news conference in central London on November 24, 2022.Justin Tallis/AFP via Getty ImagesSouth Africa's long-awaited economic reforms have begun to improve the country's outlook, but political uncertainty and age-old problems of a failed power...

Cathy Wood expects a US recession in 2023 which could help her fund’s performance

Although it's been a less-than-rosy year for Cathy Wood's Arc Invest, she sees strength ahead for the firm's investment strategy if the U.S. slips into recession. The firm's flagship ARK Innovation ETF is down more than 60% on the year, underperforming the broader...

How the booming Atlanta economy burned out low-income renters, homebuyers

Metro Atlanta is on a hot streak.According to the most recent Census Bureau estimates, more than 6 million people now live in the region. Experts say that this is almost 50% more than what it was 20 years ago. "It's a huge increase...

What matters most to markets in the week ahead is the November jobs report and the Fed

The November jobs report is the big event for the markets in the coming week, and it could provide important insight into the path the Federal Reserve will hike interest rates. Stocks were higher in the short holiday week, with the S&P 500...

Singapore’s inflation may have eased a bit, but the central bank warns that the pain may still remain

Singapore's skyline from Merlion Park on May 15, 2020.Roslaan Rahman | AFP | Getty ImagesSingapore's economy could face continued pain from global financial concerns, even though the country's core inflation eased somewhat in October.The Monetary Authority of Singapore warned of an accumulation...

December’s stock rally may be coming, but first half could be rough

Stock strategists say there's a good chance for a Santa Claus rally next month, but the market may not give investors many gifts in the first half of next year. Some strategists see a bottom for stocks in the first half of 2023,...