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Diane Ackerman

These 8 stocks can withstand the Fed’s tightening cycle

Diane Ackerman
CNBC's Jim Cramer on Tuesday offered investors a list of stocks that he thinks will weather the market turbulence ahead.Here are his picks:Constellation BrandsEli LillyMondelezKraftKelloggColgateProcter & GambleJohnson & Johnson"You…

Musk proposes charging $8 for verified Twitter account despite user backlash | Twitter

Diane Ackerman
Elon Musk has indicated that a verified account on Twitter in the future could cost $8 a month, despite facing a user backlash over proposals to charge for the feature.The new owner of Twitter described the current system for allocating…

Government tests energy blackout emergency plans as supply fears grow | National Grid

Diane Ackerman
The government has “war gamed” emergency plans to cope with energy blackouts lasting up to seven days in the event of a national power outage amid growing fears over security of supply this winter.The Guardian has seen documents, marked…

Bullish on Estee Lauder, Starbucks as China holds back earnings

Diane Ackerman
Wall Street's worried China's draconian Covid-19 restrictions — which have weighed heavily on the world's second largest economy for nearly three years — could drag down earnings at Estee Lauder (EL) and Starbucks (SBUX) when the two U.S.…

The Guardian view on rail travel in the north: taking the public for a ride | Editorial

Diane Ackerman
“Permacrisis”, chosen on Tuesday as Collins Dictionary’s word of the year, is defined by the publisher as “an extended period of instability and insecurity”. There could be no better description of the current experience of passengers…

The state where new staff are scoring up to 27 per cent pay rises just to start work

Diane Ackerman
As worker shortages take hold across the country, Australian companies are being forced to add on up to 19 per cent extra to starting salaries, a new report has found.The report, supplied to 7NEWS.com.au by recruiter Robert Half, found 93…

Ocado shares soar as it signs deal with South Korean retailer | Ocado

Diane Ackerman
The online grocer Ocado has struck a deal to build robotic warehouses for a South Korean retailer, sending its share price rocketing.Under the deal with Lotte Shopping, Ocado will also provide technology for online grocery orders from…

The case for an energy windfall tax is simple, the problem is the opt-outs | Nils Pratley

Diane Ackerman
The point to remember about BP chief executive Bernard Looney’s infamous comment about how the company is “a cash machine at these types of prices” was that it was made a year ago – so before the price of hydrocarbons surged a second time…

Bank of England begins selling government bonds | Bank of England

Diane Ackerman
The Bank of England has begun to shrink its £838bn stockpile of government bonds in a bid to reduce the central bank’s emergency stimulus to the economy and fend off claims that it has lost its independence by directly financing government…

Semiconductor stocks guide to understanding chip companies

Diane Ackerman
The semiconductor, or chip, industry is perhaps one of the most important and complex sectors in the stock market to understand. Chips are in everything from our smartphones to cars and to all facets of computing, from PCs to massive data…
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