Georgijevic | E+ | Getty Images If you had a surprise tax bill this filing season, it may be time to adjust your withholdings, financial experts say. Whether you’re a W-2 employee or self-emplo...
Tag: business news
CDC panel skeptical of fourth Covid shots for broader population, says U.S. needs clear vaccine strategy
Registered Nurse Orlyn Grace (R) administers a COVID-19 booster vaccination to Diane Cowdrey (L) at a COVID-19 vaccination clinic on April 06, 2022 in San Rafael, California. Justin Sullivan | Getty I...
Wall Street questions Lululemon 2026 financial targets
A woman jogs past a Lululemon retail store. Bloomberg | Getty Images Lululemon is setting lofty goals for growth in the next five years and laying out for analysts exactly how it plans to get there. B...
Woman caught Covid twice in 20 days marking a new record
A medical worker takes a swab sample from a citizen for nucleic acid test at a testing site in Binhai New Area in north China’s Tianjin, Jan. 9, 2022. Zhao Zishuo | Xinhua News Agency | Getty Im...
Carl Icahn McDonald’s shareholders letter calls out Wall Street ESG ‘hypocrisy’
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn released his letter to McDonald’s shareholders on Thursday, calling out compensation amon...
American Airlines (AAL) 1Q 22 earnings
American Airlines on Thursday forecast a second-quarter pretax profit as strong bookings help it cover soaring fuel costs. American, the country’s largest airline, said March was the first month...
Starbucks’ union battle pushes Wall Street away
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they...
Planet details Pelican line of Earth imaging satellites
A graphic rendering of a Pelican satellite. Planet Earth imaging and data specialist Planet Labs on Thursday unveiled details of its new line of Pelican satellites, as the company looks to further exp...
Manchester United appoint Ajax boss as new manager
Ajax boss Erik ten Hag, pictured here at the final cup match at the Johan Cruijff Arena on April 15, 2022 in Amsterdam, has been appointed as the new manager of Manchester United. Bsr Agency | Getty I...
American Airlines, Blackstone, AT&T and more
Check out the companies making headlines before the bell: American Airlines (AAL) – American soared 10.5% in premarket trading after reporting a smaller-than-expected loss and predicting profitability...
Lewis Hamilton and Serena Williams Broughton consortium
Chelsea’s stadium, Stamford Bridge is seen through trees in London on March 10, 2022, as Chelsea’s Russian owner Roman Abramovich was hit with a UK assets freeze and travel ban, throwing h...
Binance removes Twitter emoji that resembled a swastika after outcry
The logo of cryptocurrency exchange Binance. STR | NurPhoto via Getty Images Cryptocurrency exchange Binance removed and redesigned an emoji on Twitter, after outcry from users who pointed out it look...
U.S. 10-year Treasury yield climbs, here’s what it means for China
BEIJING — The rapid rise in the U.S. 10-year Treasury yield to three-year highs has erased its gap with its Chinese counterpart, something that hasn’t happened for more than a decade. As the yie...
Ford announces Lincoln Star EV concept, four new EVs to debut by 2026
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents i...
Melvin Capital weighs unwinding current fund to start new one: Sources
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Imag...
Cramer explains why seasoned technical analyst Larry Williams expects inflation to peak and the market to rally into June
CNBC’s Jim Cramer on Wednesday said inflation could peak and the market could recover soon, leaning on chart analysis from legendary market technician Larry Williams. “The charts and the h...
Cramer’s lightning round: AstraZeneca is a pass
Intuitive Surgical Inc: “ISRG is one of those stocks – you must not look at it on a day-to-day basis. You look at it on a year-to-year basis, that’s how good their machines are.” Ban...
Trading the winners and losers from the dollar at two-year highs
Wall Street may be underestimating the dollar’s jump to two year highs. “With each passing day the dollar goes higher. That creates more of a headwind for the multinationals in the market ...
Stock futures rise as investors digest more earnings reports
Stock futures rose in overnight trading as investors digested more quarterly reports from the likes of Tesla and United Airlines. Futures on the Dow Jones Industrial Average added about 70 points, or ...
Buy the dip on ‘best-of-breed stock’ Halliburton, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to buy Halliburton stock while it’s down after a less-than-ideal quarter from industry peer Baker Hughes. Cramer said that though Halliburt...
Jim Cramer says two streaming stocks stand out after Netflix collapse
CNBC’s Jim Cramer said Wednesday that investors should stay away from Netflix stock and explore other options. “Netflix seems lost at sea without a plan to find the shore, and I think its ...
CDC asks Justice Department to appeal ruling that lifted travel mask mandate
EMS-FORSTER-PRODUCTIONS | DigitalVision | Getty Images WASHINGTON — The U.S. Centers for Disease Control and Prevention said Wednesday that it requested the Justice Department to proceed with an appea...
Jim Cramer names 4 stocks that can endure Fed tightening
CNBC’s Jim Cramer on Wednesday named four stocks that he believes can keep investors steady through market turmoil. “As someone who thinks it’s a good idea to stay in the market, I&#...
United Airlines (UAL) 1Q 22 earnings
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time...
Maskless faces show relief, confusion, disappointment on planes
Passengers at LaGuardia Airport on April 19, 2022. Leslie Josephs | CNBC The Biden administration’s transportation mask mandate was one of the most divisive policies of the Covid pandemic. Its s...
Tesla, United, Carvana and more
An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Check out the companies making headlines after the bell: Tesla — Shares o...
Dow jumps 249 points on Wednesday, but the Nasdaq is dragged down by a big plunge in Netflix
It was a divided market on Wednesday as traders evaluated a rush of first-quarter results. The Dow Jones Industrial Average rose on the back of strong earnings from Procter & Gamble, while the Nas...
Supreme Court rejects SALT limit challenge from New York, New Jersey
Rep. Judy Chu, D-Calif., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol. Sarah Silbiger | Bloomberg | Getty Images The U.S. Supreme Court h...
Fed’s Daly says the economy can handle rate hikes, but a mild recession is possible
Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, November 12 2018. Ann Saphir | Reuters San Francisco...
JetBlue founder’s Breeze Airways plans expansion from Westchester airport
A Breeze Airways airplane on the tarmac at Tampa International Airport (TPA) in Tampa, Florida, U.S., on Thursday, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways plans to add eight f...