Any shopper who has stepped onto a vehicle sales lot during the coronavirus pandemic has likely noticed at least two things: There are very few cars and they have very high sticker prices. Amid inflat...
Tag: business news
GM expects record year of Chevy Bolt EV sales following fire recall
2022 BOLT EUV Source: Chevrolet DETROIT – General Motors expects sales of its electric Chevrolet Bolt models can rebound from a high-profile recall after several vehicles caught fire to achieve record...
Charts suggest the market could rally after its current ‘short-term volatility spike,’ Jim Cramer says
CNBC’s Jim Cramer said Wednesday that the market is poised to bottom and rally again by Monday, leaning on analysis from Option Pit founder and volatility expert Mark Sebastian. “The chart...
Loews Corporation is a ‘hidden gem’ in the rough, Jim Cramer says
Loews Corporation is a stock investors should be watching even if analysts aren’t, CNBC’s Jim Cramer said Wednesday. “Loews Corporation may not get any love from the analyst communit...
Stock futures are flat following a 2-day losing streak for the major averages
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 6, 2022. Brendan McDermid | Reuters Stock futures were flat in overnight trading Wednesday after a two-day losing str...
Resist the urge to sell everything, Jim Cramer tells investors
CNBC’s Jim Cramer on Wednesday warned investors against selling off all their holdings, even as the markets continue to roil. “No matter how scared you get, most people aren’t nimble...
Governors say financial education should extend beyond school years
Student Olivia Raymond participates in a personal finance course in her middle school class in West Orange, New Jersey, in February 2020. CNBC Pursuing financial literacy is something that should cont...
NFL, MLB, players unions lead latest investment in Fanatics
A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | G...
Levi Strauss & Co. (LEVI) reports Q1 2022 earnings beat
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer ...
Fed minutes March 2022 meetings:
Federal Reserve officials discussed how they want to reduce their trillions in bond holdings at their March meeting, with a consensus amount around $95 billion, minutes released Wednesday showed. Offi...
Richard Branson hopes to fly with Elon Musk’s SpaceX
Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near...
JetBlue, Eli Lilly, Occidental Petroleum and more
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wedn...
Disney networks among outlets that will air PSA featuring trans teen
Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt ...
Why JetBlue is willing to shell out $3.6 billion for discount airline Spirit
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for...
Porsche taking stake in ‘e-fuels’ maker Highly Innovative Fuels Global
A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory. Jan Woitas | picture alliance via Getty Images DETROIT — Porsche is upping its ...
Aurora AUR Werner Enterprises WERN self-driving trucks in Texas
06 January 2022, US, Las Vegas: Robotic truck company Aurora shows off a self-driving semi-truck at the CES tech show in Las Vegas. In the Corona pandemic, interest in autonomous freight transport inc...
Watch Treasury Secretary Janet Yellen speak live on the global financial system
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen testifies Wednesday before the House Financial Ser...
UK has detected a new Covid variant. Here’s what we know so far about omicron XE
According to the Office for National Statistics, 4.9 million people in Britain, or 1 in 13, were infected with Covid-19 as of March 26 — a record high since its survey began in April 2020. Bloomberg |...
Teens spend on Nike and Lululemon despite concerns about U.S. economy
Athletic apparel sits on display inside a Lululemon Athletica store. Xaume Olleros | Bloomberg | Getty Images Teens are spending more and shifting their shopping habits, even as they worry about growi...
Twitter, Spirit Airlines, Tilray and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter fell 1.5% in premarket trading, potentially breaking a three-day win streak that has seen it gain nearly 32%. Elon Mu...
These three LNG plays are worthy investments, Jim Cramer says
CNBC’s Jim Cramer on Tuesday picked three liquified natural gas stocks investors should consider purchasing. “Two are pure plays on liquefied natural gas exports – a little dicier – and th...
These four apartment REITs could be good opportunities for investors to cash in on skyrocketing rent prices, Jim Cramer says
CNBC’s Jim Cramer on Tuesday offered a list of apartment real estate investment trusts whose stock investors should consider buying to take advantage of soaring rent prices. “Since higher ...
Heed warnings from Fed’s Brainard and sell some stocks
Investors should take Federal Reserve Governor Lael Brainard’s inflation policy comments to heart and sell some holdings, CNBC’s Jim Cramer said Tuesday. “This is not a sell everythi...
JetBlue’s all-cash bid for Spirit Airlines complicates Frontier tie-up
JetBlue Airways made a $3.6 billion all-cash offer for Spirit Airlines, raising questions about Spirit’s deal to combine with rival discount carrier Frontier Airlines. Spirit said its board was ...
CDC director says high immunity in U.S. population provides some protection against omicron BA.2
CDC Director Rochelle Walensky on Tuesday said there is enough immunity in the U.S. population to provide some protection against the more contagious omicron BA.2 subvariant, which could help stave of...
Biden administration to launch long Covid research plan
U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditor...