A woman holds a sign during an Occupy Wall Street rally against the high cost of college tuitions April 25, 2012 in New York. Don Emmert | Afp | Getty Images For the millions of Americans with student...
Tag: business news
How to save $1 million for retirement on an annual salary of $70,000
Consistently saving a small percentage of your salary is a simple way to ensure you’re prepared for retirement. As a rule of thumb, most financial advisors suggest you save 10% to 15% of your ea...
Flash flooding in Texas forces road closures and rescues
Brooke Conley looks for personal items to salvage at her flooded wellness studio in the Fair Park section of Dallas, Tuesday, Aug. 23, 2022. Residents are cleaning up the day after heavy rains across ...
Home prices fall for the first time in three years, biggest drop since 2011
An aerial view from a drone shows homes in a neighborhood on January 26, 2021 in Miramar, Florida. According to two separate indices existing home prices rose to the highest level in 6 years. Joe Raed...
Peloton to sell fitness equipment, apparel on Amazon
Peloton has struck a partnership with Amazon in a bid to broaden its customer base and win back investors’ confidence, as revenue growth slows from pandemic highs and its stock price plunges. In...
Vacasa picks Rob Greyber, protege of Uber CEO, to be next chief executive
Anyaberkut | Istock | Getty Images As Vacasa works to grow its share in the vacation rental market, the property management company is tapping longtime travel executive Rob Greyber to be its next CEO....
3 things Gap needs to fix to turn its struggling business around
A pedestrian passes in front of a Gap Inc. store in Miami Beach, Florida. Scott McIntyre | Bloomberg | Getty Images Gap needs a new game plan — and fast. In April, the retailer announced the departure...
Nobel prize winner Phelps says U.S. needs 1950s-style productivity boom
The U.S. needs to return to the kind of economic and productivity growth it saw in mid-20th century to boost public spirits, according to a Nobel Prize-winning economist. “We badly need to get ...
Stocks making the biggest moves premarket: Petco, Brinker International, Nordstrom
Check out the companies making headlines before the bell: Petco (WOOF) – The pet products retailer fell short of Street forecasts on both the top and bottom lines for its latest quarter, and cut its f...
Japan just signaled a big shift in its post-Fukushima future
Japanese Prime Minister Fumio Kishida photographed during a news conference on Wednesday, Aug. 10, 2022. Rodrigo Reyes-Marin | Bloomberg | Getty Images The prime minister of Japan said Wednesday that ...
Mortgage demand from first-time buyers makes a comeback
A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage demand continues to weaken, still right around a 22-year low, but there was a sign in the weekly numbers that fi...
non-fully vaccinated travelers don’t need quarantine from Monday
People sit outside a bar at Emily Hill in Singapore, on Monday, Aug. 22, 2022. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore is set to allow non-fully vaccinated travelers to skip quara...
Charts suggest the S&P 500 should keep trending higher for now, Cramer says
Technical analysis from the veteran chartist Ralph Vince indicates the stock market should be able to keep trending higher in the near term, CNBC’s Jim Cramer said Tuesday. “The charts, as...
Nokia is ‘the definition of dead money’
Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter. Cleveland-Cliffs: “If we̵...
Why Jim Cramer rejects comparing this year’s market to 2001 and 2008
CNBC’s Jim Cramer said Tuesday he’s not taking seriously any comparisons drawn between the current stock market and the years 2001 and 2008, both of which saw steep sell-offs into year-end...
Nordstrom (JWN) reports Q2 2022 results
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday slashed its financial forecast for the full year as the depar...
‘Covid winners’ like DocuSign still have time to reinvent
CNBC’s Jim Cramer on Tuesday lamented the languishing stocks of pandemic winners like DocuSign — but suggested the window of reinvention has not been slammed shut just yet. “We know it has...
Apartment rents are finally easing. Here’s how to play it
An Apartment For Rent sign seen in the Upper East Side of Manhattan. Adam Jeffery | CNBC Rent growth for apartments looks to have peaked after a tremendous run in 2021, and that could boost some of th...
Starbucks informs workers at two stores of closures, union claims retaliation
A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near SchultzR...
Dick’s Sporting Goods (DKS) Q2 earnings report
Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Dick’s Sporting Goods on Tuesda...
Nordstrom, Urban Outfitters & more
A shopper wearing a protective face mask walks inside the Urban Outfitters retail store during Black Friday sales at Roosevelt Field shopping mall in Garden City, New York, November 26, 2021. Shannon ...
Comcast agrees to sell majority stake in NBC Sports Washington
Alex Ovechkin #8 of the Washington Capitals races up the ice with the puck during a game against the Toronto Maple Leafs at Capital One Arena on April 24, 2022 in Washington, D.C. John Mccreary | Nati...
Los Angeles Angels owner Arte Moreno exploring sale of the team
General manager Billy Eppler and Owner Artie Morena look on as Joe Madden speaks to the media during a press conference where he was introduced today as the new manager of the Los Angeles Angels durin...
Kevin Durant to stay with Brooklyn Nets, team says after trade talks
Kevin Durant #7 of the Brooklyn Nets dribbles during the first half against the Cleveland Cavaliers at Barclays Center on May 16, 2021 in the Brooklyn borough of New York City. Sarah Stier | Getty Ima...
Twitter, Zoom, Palo Alto Networks, Macy’s and more
Check out the companies making headlines in midday trading Tuesday. Zoom Video — Zoom sank more than 14% after missing on revenue estimates for the previous quarter due to a strong dollar. The video c...
Zoom, Palo Alto Networks, Macy’s and more
Take a look at some of the biggest movers in the premarket: Zoom Video Communications (ZM) – Zoom tumbled 11.5% in the premarket after the videoconferencing company cut its full-year forecast. Zoom re...
AMC, Signify Health, Netflix and more
Netflix is expanding its push into mobile gaming. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday Monday: AMC — Shares of the theater chain dropped nea...
Macy’s (M) reports fiscal Q2 2022 earnings
Macy’s Herald Square Flagship Department Store in Midtown Manhattan New York. Nicolas Economou | NurPhoto | Getty Images Macy’s on Tuesday cut its full-year forecast, saying it anticipates...
Dubai’s water attractions tap into revenge tourism trend
The Deep Dive Dubai pool has been verified by Guinness World Records as the world’s deepest swimming pool Deep Dive Dubai DUBAI, United Arab Emirates — Aside from the year-round sun and a mammot...
Can’t recommend ChargePoint because it’s unprofitable
Veru: “No, [I don’t think Veru shares will increase as much as Moderna’s did if Veru’s Covid treatment receives emergency use clearance]. I think Veru also needs to have that e...
This week is all about Powell, but don’t overlook any great earnings reports
Wall Street is collectively bracing for Federal Reserve Chairman Jerome Powell’s speech later this week, CNBC’s Jim Cramer said Monday after the major U.S. stock indexes tumbled. Powell...