CNBC’s Jim Cramer on Tuesday called for Federal Reserve Chair Jerome Powell to implement aggressive interest rate hikes to tamp down inflation. “Jay Powell can’t solve the war in Ukr...
Tag: Business
FDA committee recommends Moderna two-dose Covid vaccine for kids ages 6 to 17
A young man receives his Covid-19 vaccination at a vaccination clinic. People receive the Moderna vaccine in Milford, Pennsylvania. Preston Ehrler | LightRocket | Getty Images Moderna’s two-dose...
Texas power demand breaks record as severe heat wave hits the state
Yvette Johnson, 54, sits next to a fan outside of her families home on June 10, 2022 in Houston, Texas. Brandon Bell | Getty Images Power demand recently hit a record high in Texas amid a severe heat ...
FAA, airlines scramble to reduce summer travel delays
WARRENTON, Va. – During a morning meeting in early May, staff at the federal air traffic command center rattle off a few of the day’s obstacles: storms near the Florida coast and in Texas, a mil...
United Arab Emirates bans Pixar’s new Buzz Lightyear movie from theaters
Tim Allen and Tom Hanks voice Buzz Lightyear and Sheriff Woody in Pixar’s “Toy Story.” Disney DUBAI, United Arab Emirates — Disney Pixar’s animated movie “Lightyear”...
SpaceX Starship ‘ready to fly’ by July
Starship prototypes are pictured at the SpaceX South Texas launch site in Brownsville, Texas, U.S., May 22, 2022. Picture taken May 22, 2022. Veronica Cardenas | Reuters SpaceX is closing in on the n...
Stocks making big moves midday: FedEx, Continental Resources, Oracle
Check out the companies making headlines in midday trading. Continental Resources — Shares soared 14% after the shale company announced an all-cash buyout proposal from the family trust of billionaire...
Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom
Wariness is in order after the S&P 500’s bear-market finish and a potential 75 basis-point Fed hike just one day away. Gains for stock futures and a potential bounce are fading fast. Morgan Stanle...
Natural gas plummets as Freeport delays facility restart following explosion
Smoke billows from the Freeport LNG plant in Quintana, Texas, U.S., June 8, 2022, in this still image obtained from a social media video on June 9, 2022. Maribel Hill | Reuters Natural gas prices plu...
Boeing plane deliveries total 35 in May as it grapples with supply chain problems
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters Boeing said Tuesday it delivered 35 planes in May, on par with the prev...
Ford issues stop-sale of Mustang Mach-Es due to potential safety defect
People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor is instructin...
U.S. airline bookings slipped again in May with fares 30% higher than 2019
Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021. Stephen M. Dowell | Orlando Sentinel | Getty Images U.S. airline bookings slipped 2.3%...
Spirit Airlines to decide on competing JetBlue, Frontier bids before end of June
A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines said Tuesday th...
UN chief slams new fossil fuel funding
In remarks delivered to the Austrian World Summit in Vienna via video, Antonio Guterres issued a sobering assessment of the planet’s prospects. “Most national climate pledges are simply no...
ViaBTC’s User-centered Products in Five Business Segments for Past 6 Years
Blockchain is never short of trends or opportunities. In such an unpredictable industry, only a few teams could stick to their original beliefs, and ViaBTC is one of them. During the past six years si...
Cramer says investors can buy stock of this software company as a speculative pick
CNBC’s Jim Cramer on Monday said that investors have his permission to buy shares of software company Mitek Systems as a speculative play. “Mitek’s genuinely cheap on an earnings bas...
Matterport is not a buy
Rivian Automotive Inc: “I think Ford stock’s very cheap. They’ve got to sell the rest of [its shares of] Rivian.” Freeport-McMoRan Inc: “Not the time to buy it. I think t...
Crypto crash FOMO? ‘I missed the bus on Bitcoin, but now feel like my time has come. Is it time to go big or go home? I have another 25 years of a boring 9-to-5 job, and I just want out.’
I read a letter from a reader last year who was suffering from crypto FOMO, and I have been following the crypto markets ever since. I felt like I missed the bus on Bitcoin, but now feel like my time ...
Stick to ‘boring’ stocks to ride out the cratering market
CNBC’s Jim Cramer on Monday said investors should be in stable, boring stocks to keep their portfolios strong as concerns over inflation roil the market. “If you took your cue from me and ...
American Airlines regional carriers hike pilot pay as shortage persists
American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images ...
GM’s stock closes below IPO price for first time since October 2020
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images ...
Astra’s stock drops after rocket failed to deliver NASA mission to orbit
The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. Astra Shares of rocket-builder Astra fell sharply in trading on Monday ...
Stock futures rise after the S&P 500 closes in an official bear market
U.S. stock futures rose on Monday night after the S&P 500 dropped back into bear market territory ahead of the Federal Reserve’s two-day policy meeting this week. Dow Jones Industrial Averag...
Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion
Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging U.S. ports, pushing ware...
FAA SpaceX Starship environmental review clears Texas program to move forward
A Starship prototype stands on the company’s launchpad in Boca Chica, Texas on March 16, 2022. SpaceX The Federal Aviation Administration on Monday said it will require Elon Musk’s SpaceX ...
Latest Shanghai quarantines add more pressure to global supply chain
Staff members of China Post unload parcels of daily necessities for residents quarantined at home from a minivan on May 14, 2022 in Shanghai, China. Tian Yuhao | China News Service | Getty Images The ...
CEOs of GM, Ford and others urge Congress to lift EV tax credit cap
The all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North Am...
Opinion: As tech melts down, a truth remains: Semiconductors are eating the world
Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology — semiconductors — is vital not only to the t...