After more than two years of strict Covid-19 border controls, Japan reinstated visa-free travel to 68 countries on Tuesday. Maki Nakamura | Digitalvision | Getty Images The Japanese yen’s slump ...
Tag: business news
Consumer price index September 2022:
Prices consumers pay for a wide variety of goods and services rose more than expected in September as inflation pressures continued to weigh on the U.S. economy. The consumer price index for the month...
Jim Cramer says these 14 stocks are ‘about to pop’
CNBC’s Jim Cramer on Wednesday offered investors a list of stocks that he believes could bounce soon. “The S&P [500]’s down almost 25% for the year, and we’ve gone eleven m...
Jim Cramer says to avoid stocks in the ‘house of pain’ Nasdaq 100 index
CNBC’s Jim Cramer on Wednesday warned investors to avoid the stocks in the Nasdaq 100 and highlighted the worst-performing stocks during the third quarter. “These seven biggest losers from...
Western Union is not a buy
Plug Power Inc: “It’s losing money. And when a stock is losing money, it goes down.” Cameco Corp: “They did a really lousy deal with [Westinghouse Electric.] … I would ne...
Moody’s Mark Zandi sees relief within 6 months
The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation report, hinges on oil prices s...
Amazon changes Kuiper prototype satellites launch from ABL to ULA
From left: Artist renderings of the launches of an RS1 rocket and a Vulcan rocket. ABL Space; United Launch Alliance Amazon is swapping rides for the first prototype satellites for its Project Kuiper ...
Digital World, Victoria’s Secret and more
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines after-hours. Digital World — Th...
Young, wealthy investors are turning to alternative investments
More advisors are using alternative investments Alternative investments typically fall into four categories: hedge funds, private equity, “real assets” such as real estate or commodities a...
AMC Entertainment stock falls to 52-week low
The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment hit a new 52-week low Wednesday as the movie theater com...
Space tourism pioneer Dennis Tito books private moon trip
Dennis Tito, most widely known as being the first space tourist back in mid-2001. Wikipedia Entrepreneur Dennis Tito and his wife Akiko purchased seats on a private trip with SpaceX’s Starship r...
GM’s Chevrolet Trax crossover comes with new tech, design, lower price
2024 Chevrolet Trax ACTIV GM DETROIT — General Motors on Wednesday revealed a new version of its Chevrolet Trax — the brand’s entry-level crossover — with new technologies and a more aggressive ...
Fed minutes October 2022:
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices come down, according t...
Polestar unveils $84,000 electric SUV, Polestar 3, to cement U.S. foothold
Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it’s counting on to expand its sales and presence in the United States. The new model, calle...
Cash is king again as money managers are in no rush to embrace risk with Fed raising rates
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, o...
WHO calls for more international aide to prevent Ebola from spreading beyond Uganda
The World Health Organization is working with Uganda to prevent a deadly Ebola outbreak in the East African nation from spreading to neighboring nations, the global health agency’s chief said on...
Nike moves to curb automated bots and resale market with penalties
Nike shoes are displayed on a shelf a Nike factory store on June 28, 2022 in Milpitas, California. Justin Sullivan | Getty Images Nike is taking steps to curb the proliferation of sneaker-buying bots ...
Moderna, Pepsi, Lyft and more
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making the biggest moves midday Wednesday: Modern...
Lucid EV production on track to meet 2022 guidance
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric luxury vehicle maker Lucid Group...
NASA aims for mid-November launch of Artemis I moon mission
NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at...
Delta, Starbucks link loyalty programs in bid for repeat customers
A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Delta Air Lines and Starbucks are linking their loyalty programs, marking ...
Demand for riskier home loans is high as interest rates soar
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand af...
United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is planning another big schedule increase for trans...
PepsiCo, Intel, Philips and more
Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue ...
Major League Baseball partners with CBD maker Charlotte’s Web
A MLB logo is seen before a game between the Oakland Athletics and the Los Angeles Angels at Angel Stadium of Anaheim on May 22, 2022 in Anaheim, California. Ronald Martinez | Getty Images Major Leagu...
Producer price index September 2022:
Wholesale prices rose more than expected in September despite Federal Reserve efforts to control inflation, according to a report Wednesday from the Bureau of Labor Statistics. The producer price inde...
Tom Brady and Kim Clijsters become Major League Pickleball team owners
Tom Brady of the Tampa Bay Buccaneers throws against the New Orleans Saints during the second quarter at the Mercedes-Benz Superdome on September 13, 2020 in New Orleans, Louisiana. Chris Graythen | G...
PepsiCo (PEP) reports Q3 earnings
A woman grabs a bottle of Diet Pepsi in Atlanta, Georgia. Chris Rank | Bloomberg | Getty Images PepsiCo hiked its forecast for the year Wednesday morning after reporting third-quarter earnings and rev...
Green hydrogen project aims to decarbonize Europe’s industrial north
Madrid-headquartered energy firm Cepsa said it would work with the Port of Rotterdam to develop “the first green hydrogen corridor between southern and northern Europe,” in the latest sign...
Further 20% fall in U.S. stocks ‘certainly possible’: IMF director
A shift in investor sentiment could see a further 20% downside for U.S. stock markets, according to the International Monetary Fund’s director of monetary and capital markets. IMF research found...