After rising steadily for three weeks, mortgage rates dipped slightly last week, prompting a small increase in refinance activity. Activity from homebuyers, however, pulled back further, leaving total...
Tag: business news
Delta offers free flight changes over July Fourth weekend
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is allowing travelers to change their tickets for free during the busy Fourth of July weekend, allowi...
Port of Oakland slashing free wait time for import containers
In an aerial view, shipping containers sit on the dock at the Port of Oakland on May 20, 2022 in Oakland, California. Justin Sullivan | Getty Images The Port of Oakland has had enough of the long-dwel...
Watch Fed Chair Powell talk live about the economy, interest rates at ECB forum
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday to a European Central Bank ...
General Mills, Carnival, Bed Bath & Beyond and more
Check out the companies making headlines before the bell: General Mills (GIS) – General Mills reported adjusted quarterly earnings of $1.12 per share, 11 cents above estimates, with revenue that also ...
Retirees traveling check Medicare coverage to avoid costly surprises
Tom Merton | Getty Images If you’re a retiree on Medicare and feel the itch to travel, be sure you know whether your insurance plan can go with you. Whether you want to hit the road for a U.S.-b...
Maverick’ gives 2022 box office momentum, but inflation could hurt
“Top Gun: Maverick” rocketed to $1 billion at the global box office over the weekend, setting a new career milestone for star Tom Cruise and signaling some momentum for the domestic box of...
Frontier, JetBlue battle over Spirit Airlines goes down to the wire with competing bids
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated air...
FCC commissioner tells Apple, Google to remove TikTok from app stores
A leader of the U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores over data security concerns. Pictured here is the TikTok download page ...
I can’t recommend Simulations Plus
AT&T Inc: “That is a distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell.” Tilray Brands Inc: “Tilray is a total spec of which I’m not going t...
U.S. to deploy nearly 300,000 monkeypox vaccine doses to fight outbreak
Mock-up vials labeled “Monkeypox vaccine” are seen in this illustration taken, May 25, 2022. Dado Ruvic | Reuters The U.S. will deploy nearly 300,000 monekypox vaccine doses in the coming...
AWS CEO says the move to cloud computing is only just getting started
Cloud computing is in its beginning stages and will only continue to grow, Amazon Web Services CEO Adam Selipsky told CNBC’s Jim Cramer on Tuesday. “It’s possible that AWS could beco...
Nike has a ‘much better risk-reward’ than the market believes
CNBC’s Jim Cramer on Tuesday said that Nike stock is more investable than Wall Street might believe, even after a mixed quarter. “I’m not going to tell you this was a great quarter. ...
Stock futures are flat after failed attempt at a rally
Stock futures were flat in overnight trading Tuesday after the major averages made a failed attempt at a bounce. Futures tied to the Dow Jones Industrial Average edge 0.13% or 39 points, while the S&a...
Jim Cramer picks 4 ‘buyable’ stocks to snap up after ugly market days
CNBC’s Jim Cramer recommended four stocks investors should consider adding to portfolios after ugly days in the market like Tuesday. “While this may be a bear market, as long as commodity ...
China’s economy didn’t bounce back in the second quarter, survey finds
China’s exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for expo...
FDA panel recommends changing Covid shots to fight omicron this fall
A healthcare worker prepares a syringe with the Moderna COVID-19 vaccine at a pop-up vaccination site operated by SOMOS Community Care during the COVID-19 pandemic in Manhattan in New York City, Janua...
CVS to remove purchase limit on Plan B pills, says sales have ‘returned to normal’
Plan B One-step birth control in CVS Pharmacy, Boston, MA. Ucg | Universal Images Group | Getty Images CVS is removing the purchase limit it had put on emergency contraceptive pills following last wee...
Disney board votes to extend CEO Bob Chapek’s contract by three years
Bob Chapek, Disney Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images Disney has extended CEO Bob Chapek’s contract for three more years, the company announced Tuesday. &#...
Juul seeks to extend stay on FDA ban, citing inadequate evaluation
A sign advertising Juul brand vaping products is seen outside a shop in New York City, February 6, 2019. Mike Segar | Reuters Juul Labs is seeking to extend a temporary stay on the Food and Drug Admin...
Target will cover employees’ travel to other states for abortions
A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned,...
HHS Secretary Becerra promises abortion access in cases of rape, risk to woman’s life
U.S. Health and Human Services Secretary Xaviar Becerra holds a news conference to unveil the Biden administration’s action plan following the overturning of Roe v Wade, at the Department of Hea...
Crypto is not replacing the U.S. dollar, Bitfury CEO Brian Brooks says
Crypto prices should be viewed more like internet stocks than currency, said Brian Brooks, the former U.S. Acting Comptroller of the Currency during the Trump Administration. The biggest misunderstand...
New car quality declined 11%, blame supply chain problems: J.D. Power
Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images New vehicle quality de...
Chinese electric vehicle maker Li Auto to raise $2B in US stock offering
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images Chinese electric vehicle maker ...
3 trends to watch as retailers prep for back-to-school, holiday shopping
Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers a...
De Nora IPO priced at 13.50 euros per share; $2.8 billion valuation
De Nora was founded in 1923 and specializes in electrode and water treatment technologies. Pavlo Gonchar | Lightrocket | Getty Images The CEO of electrode maker Industrie De Nora says it is “not...
Nike, Boston Beer, Disney and more
Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Check out the companies making headlines in midday trading. Nike — Shares of Nike fell more than 5% even after the company top...
Home price increases slowed slightly in April, says S&P Case-Shiller
People walk into a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Home price increases slowed ever so slightly in April, but it is the first pote...
Rocket Lab launch of CAPSTONE begins NASA return to the moon
The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab Rocket Lab launched a small spacecraft bound for the moon from its New Zealand...