People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in New York City, November 26, 2021. Andrew Kelly | Reuters Check out the companies making headlines and moves in premarket tra...
Tag: business news
ADP jobs report December 2022:
The jobs market closed out 2022 on a high note, with companies adding far more positions than expected in December, payroll processing firm ADP reported Thursday. Private payrolls rose by 235,000 for ...
EU strongly recommends travelers from China to take Covid test before entering Europe
European nations are looking at new travel requirements from China after Beijing lifted Covid restrictions. China News Service | China News Service | Getty Images European nations on Wednesday recomme...
JOLTS report November 2022
Demand for employment remained high in November as companies looked for workers to fill positions despite worries of a looming recession, the Labor Department reported Wednesday. The Job Openings and ...
Cox launches mobile business, joining Comcast, Charter, Altice
In this photo illustration, the Cox Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Cox Communications is ringing in the new year wi...
Fanatics is divesting its 60% stake in NFT company Candy Digital
Michael Rubin’s sports platform company Fanatics is divesting its 60% stake in NFT company Candy Digital, according to an internal email obtained by CNBC. Fanatics, who previously held the major...
Cramer’s lighting round: Stay away from Blackline
Blackline Inc: “It’s enterprise software that’s losing money. Those are the ones I’m trying to get people to stay away from.” Piedmont Lithium Inc: “Much too danger...
Omicron XBB.1.5 is most transmissible subvariant, WHO says
XBB.1.5 strain, January 4, 2023, Suqian, Jiangsu, China. CFOTO | Future Publishing | Getty Images The XBB.1.5 omicron subvariant that’s currently dominating the U.S. is the most contagious versi...
Where to keep your cash amid high inflation and rising interest rates
dowell | Moment | Getty Images Investors have many options when saving for short-term goals, and those choices have become more complicated amid high inflation and rising interest rates. While there h...
Rivian stock hits 52-week low after company misses 2022 production target
Employees work on an assembly line at startup Rivian Automotive’s electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters Shares of Rivian Automotive notched a ...
Share of car buyers with monthly payments over $1,000 hits record high
Financing a new or used car is more expensive than ever, new research shows. Amid rising interest rates and elevated auto prices, the share of new car buyers with a monthly payment of more than $1,000...
Manhattan apartment sales plunge in Q4, brokers fear frozen market
Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears. There were 2,546 sales ...
General Motors (GM) sales Q4 2022
2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales...
Southwest Airlines cancellations abate after holidays but costs pile up
Pristine Floyde searches for a friend’s suitcase in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. Michael Ciaglo | Getty...
Europe begins New Year with historic winter heat, ski resorts close
Poland’s capital of Warsaw recorded temperatures of 18.9 degrees Celsius on Jan. 1; more than 5 degrees Celsius above the previous record set 30 years ago. Nurphoto | Nurphoto | Getty Images A w...
Here are some strategies that can help you dig out of holiday debt
While some Americans are still recovering from holiday festivities, many others may have lingering effects of spending regrets. Overall U.S. retail sales increased 7.6% year-over-year between Nov. 1 a...
Endeavor falls after UFC boss Dana White hits wife
Dana White appears at the UFC 282 post-fight press conference on December 10, 2022, at the T-Mobile Arena in Las Vegas, NV. Amy Kaplan | Icon Sportswire | Getty Images Media and entertainment company ...
Mortgage demand plunges, as interest rates rise
A ‘For Sale’ sign stands in a vacant lot near new homes in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images After a brief reprieve in the first half of December, mortgage interest...
Charts suggest oil, natural gas and wheat could be due for a ‘boom,’ Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that certain commodities could make a comeback soon. “The charts, as interpreted by Carley Garner, tell us that the boom and bust cycle in commodities nev...
Jim Cramer predicts these 10 Dow stocks will perform well in 2023
CNBC’s Jim Cramer on Tuesday offered investors a collection of stocks that he believes will perform well this year. All of his picks are listed in the Dow Jones Industrial Average. related inves...
Sam Bankman-Fried pleads not guilty as FTX task force created
The Manhattan U.S. Attorney’s Office said Tuesday it had created an FTX Task Force to trace and recover assets of victims of the cryptocurrency exchange firm’s collapse and to handle inves...
Cramer warns that negative forces are still pulling down the economy
CNBC’s Jim Cramer on Tuesday reminded investors that the new year didn’t bring about a new economy. “The fundamentals are what matters and, sadly, we have not turned the page on this...
Investors shift focus to growth stocks China exposure to gain
As we kick off 2023, Wall Street appears to be shifting its focus from inflation to growth. Investors apparently believe the Federal Reserve has inflation under control after dramatically raising inte...
Supply chain managers wary of shifting trade back to West Coast ports
Shipping containers are offloaded from a container ship in the Port of Los Angeles before U.S. President Joe Biden delivers remarks aboard the Battleship USS Iowa Museum on June 10, 2022 in Los Angele...
Home price gains weakened sharply in November
A sign is posted in front of a home that is for sale on December 19, 2022 in Los Angeles, California. Mario Tama | Getty Images Home prices are falling into a deep winter chill, as higher mortgage rat...
Ford F-Series 2022 sales show pickup continued decades-long dominance
2023 Ford F-150 Raptor R Ford DETROIT – The Ford F-Series continued its decadeslong U.S. sales dominance in 2022 despite ongoing parts and supply chain problems, the company said Tuesday. Ford Motor r...
Warner Bros. Discovery signs deal with startup Nielsen rival VideoAmp
Warner Bros. Discovery has signed a deal with VideoAmp to measure its audience as an alternative means of data for advertisers, the companies announced Tuesday. The contract is a significant moment f...