3 takeaways from the Investing Club’s ‘Morning Meeting’ on Friday

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 am ET. Here’s a recap of Friday’s key moments. Banks could benefit from bigger rate hike Eli Lilly’s quarter saw misses, new drugs Quick mentions: STZ, AMZN, MRVL 1. Banks could benefit from bigger rate hike Nonfarm payrolls increased … Read more

The US economy has yet to face its biggest recession challenge

A person removes the nozzle from a pump at a gas station on July 29, 2022 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images You’d be hard-pressed now to find a recession in the rearview mirror. What’s down the road, though, is another story. There is no historical precedent to indicate that an … Read more

Venture capital: How badly will The Big Chill hit NZ?

The investors who fund startups are pulling in their heads in the US and Australia, and slashing the value of their existing holdings amid rising interest rates, recession fears and a dive in tech stocks on public markets. Industry players say New Zealand might not get hit so hard, however, given that investors here have … Read more