Delta pilots picket for a better contract outside of John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines pilots voted overwhelmingly to authorize a strike if contract talks be...
Tag: business news
What Rishi Sunak as PM means for the UK crypto industry
U.K. Prime Minister Rishi Sunak at 10 Downing Street. Dan Kitwood | Getty Images U.K. cryptocurrency firms and investors have high hopes that new prime minister Rishi Sunak could turn around Britain&#...
Stocks making the biggest moves after hours: Avis, Stryker and more
A customer waits for his car at the garage of Avis Budget Group at the San Francisco airport. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours tradi...
With the Dow outperforming, here’s how investors can harness the index
Photo taken on March 1, 2022 shows monitors displaying stock market information at the New York Stock Exchange in New York, the United States. U.S. stocks fell sharply on Tuesday as investors nervousl...
Long Covid is affecting women more than men, national survey finds
A woman receives a dose of a vaccine against the coronavirus disease (COVID-19) at a sport stadium during the coronavirus disease pandemic, in Vina del Mar, Chile, April 22, 2021. Rodrigo Garrido | Re...
What an inverted yield curve means for the economy
Catherine Yeulet | Getty Images What the inverted yield curve means Generally, longer-term bonds pay more than bonds with shorter maturities. Since longer-maturity bonds are more vulnerable to price c...
Homebuilders say steeper downturn is coming as buyers pull back
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The once-hot housing market is cooling off at an alarm...
What a ‘mysterious disappearance’ insurance clause means
Lauren Bates | Moment | Getty Images If history is a guide, insurance claims for unexplained disappearances will jump this Halloween. Renters and homeowners insurance claims related to a “myster...
Terran Orbital stock rises after Lockheed Martin invests $100 million
The company’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Shares of spacecraft manufacturer Terran Orbital rose Monday after the company added $100 million via an ...
Retail, trimming, Qualcomm and Wynn
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Retail stocks to watch Trim...
Powerball jackpot hits $1 billion. If you win, here’s the tax bill
The jackpot for Powerball’s Monday night drawing is a whopping $1 billion. Sort of, anyway. The advertised number represents the pretax amount you’d get if you were to receive your windfal...
Massachusetts wind power project ‘no longer viable’: developer
Offshore wind farm. davee hughes uk | Moment | Getty Images The developer for a major offshore wind power project in Massachusetts has asked state regulators to pause review of the contract for one mo...
We’ll continue to invest in hydrocarbons: BP CEO
BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm’s strategy was to “to invest in hydrocarbons today, because t...
TuSimple CEO fired over improper ties to Chinese firm Hydron
TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck...
Oil is all that Putin has left, presidential advisor Amos Hochstein says
Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022. Hussam Shbaro | Anadolu Agency | Getty Images Oil is all Russia’s economy has left following its invasion of Ukraine earlier ...
JPMorgan Chase unveils payments platform for landlords and tenants
A JPMorgan logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images JPMorgan Chase is betting that landlords and tenants are finally ready to ditch paper checks and em...
Wynn Resorts, Petrobras, Hanesbrands and more
Take a look at some of the biggest movers in the premarket: Wynn Resorts (WYNN) – Investor Tilman Fertitta has taken a 6.1% stake in the resort operator, according to a Securities and Exchange Commiss...
Credit Suisse shares are a ‘steal,’ say new Saudi backers SNB
The chairman of one of Credit Suisse’s newest and biggest shareholders called on the beleaguered bank to deliver a swift overhaul and return to a “very stable, conservative Swiss banking p...
China’s factory activity fell in October bogged down by Covid controls
China’s factory activity declined in October, official data showed Monday. Pictured here on Oct. 27, 2022, in Jiangsu province is an aluminum products company. Vcg | Visual China Group | Getty I...
Bitcoin volatility has eased but that’s not a bad thing
Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a b...
Want to book a flight but pay for it next year? Here’s how it works
Travel demand is still picking up, and so are the prices of flight tickets. Surging prices are causing some to cut back on spending, but others are finding new ways to pay for their holiday plans. Mo...
John Carpenter cult classic Prince of Darkness turns 35
Alice Cooper in John Carpenter’s 1987 movie “Prince of Darkness.” Source: Shutterstock John Carpenter is the king of Halloween. And not just because he directed “Halloween.R...
What ‘millionaire tax’ plans on California, Massachusetts ballots mean for taxpayers
How states plan to spend ‘millionaire tax’ revenue While the proposed taxes sound similar, there are differences in how each state plans to use the revenue. In Massachusetts, assuming vot...
Fear of missing out can be a killer for investors. How top advisors keep it at bay
Michael H | Digitalvision | Getty Images The fear of missing out, or FOMO, can be a powerful psychological force — and it may lead unwary investors to lose bundles of money, according to financial adv...
Derek Jeter promotes Jeep Grand Wagoneer SUV
Derek Jeter will star with his wife, fashion model and television host Hannah Jeter, in the Grand Wagoneer’s new “Eyes Wide Open” campaign as part of a long-term partnership. Jeep DE...
There could be ‘real signs’ for the Fed to slow down
CNBC’s Jim Cramer on Friday said that next week’s jam-packed week of earnings and economic data releases could result in good news for the Federal Reserve’s battle against inflation....
Jim Cramer says he likes these 3 travel stocks
CNBC’s Jim Cramer on Friday recommended three stocks investors should add to their portfolios to take advantage of hot travel demand. Here are his picks: Cramer named travel as one of five reces...
Cramer’s lightning round: Let’s stay with Frontier
EQT Corp: “I’m going bullish, because I believe in natural gas.” Frontier Group Holdings Inc: “I’m not going to go against an airline when people seem to want to travel m...