Text size Exelon stock offers a little bit of offense to go with its defense. Dreamstime The yield curve briefly inverted this past week—and that’s a recession signal that is either like Paul Revere’s...
Tag: Business
U.S. Auto Sales Plunge In Q1 For GM, Toyota, Honda; General Motors Sees Headwinds Easing Investor’s Business Daily
U.S. auto sales sank in the first quarter for General Motors (GM), Toyota Motor (TM) and Honda Motor (HMC), but all beat sales estimates. GM stock fell Friday as supply and production disruptions, whi...
Cramer’s week ahead: Brace for negativity
CNBC”s Jim Cramer on Friday advised investors to brace themselves against Wall Street’s negativity next week as concerns over a possible recession mount. “I do believe that our econo...
FCA gives a green signal to unregister business
To compensate for their inefficiencies, FCA extended temporary operation approval deadlines, allowing companies like Revolut and Copper to continue operating. This is what happened In 2019, the Financ...
White House is worried about famine overseas
The Biden administration is worried Russia’s invasion of Ukraine will cause famine in parts of the world, White House Council of Economic Advisers Chair Cecilia Rouse told CNBC on Friday. In an ...
Myocarditis risk higher after Covid infection than vaccination, CDC finds
A healthcare worker administers a Covid-19 test in San Francisco, California, on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images People infected with Covid-19 face a higher risk of...
New Jersey deli owner Hometown International to do Makamer merger
Your Hometown Deli in Paulsboro, N.J. Google Earth Hometown International — that odd, publicly traded company with a market capitalization of more than $100 million despite owning just one small New J...
CDC will end Title 42 used to expel migrants during Covid
Pedestrians wait to cross into the U.S. at the San Ysidro Port of Entry border crossing bridge in Tijuana, Mexico, on Sunday, March 20, 2022. Cesar Rodriguez | Bloomberg | Getty Images The Centers for...
Approving Keystone pipeline won’t lower oil prices, says NEC Director Brian Deese
President Joe Biden‘s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline in response to elevated crude and ...
Why Russia’s invasion of Ukraine could spark a NATO spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on its ...
Chewy Stock Drops As Quarterly Earnings Miss| Investor’s Business Daily
Chewy stock dropped Wednesday, which follows its fourth-quarter earnings report late Tuesday that missed analyst estimates on the top and bottom lines, as operating conditions in certain areas deterio...
‘Morbius’ reviews: Spider-Man spin-off is bad
Jared Leto stars as Michael Morbius in Sony’s “Morbius.” Sony It’s never a good sign when a critic says your movie could have been “better summed up in a two-minute trail...
Updated Study Estimates Up To 40% Of Airline Business Travel May Not Return
Taking meetings by video has become commonplace. Because of this and other reasons, airline business … [+] travel has dropped and is likely not all coming back. getty In late 2020, before vaccin...
GameStop, Apple, BlackBerry and more
Check out the companies making headlines before the bell: GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The v...
Why sanctioned oligarch Roman Abramovich is at Russia-Ukraine peace talks
The attendance of billionaire Roman Abramovich (L) at Russia-Ukraine peace talks in Istanbul have left many questioning the intentions of the Russian oligarch. Cem Ozdel | Anadolu Agency | Getty Image...
Ethereum’s major upgrade is coming. Should you be more bullish on it than bitcoin?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Worldline Acquires Majority Stake in ANZ’s Acquiring Business
Worldline (Euronext: WLN) announced on Friday the completion of the acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To p...
Robots And The Resilient Spirit Of “Techspitality” In The Food Business
FoodTech Anonymous Now that Amazon’s “Alexa” has become a daily partner in our lives, with 83 million plus users and more than 100 million devices sold, proving we have accepted face and voice recogni...
LAPD was ‘prepared’ to arrest Will Smith after he slapped Chris Rock
Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck ...
Which companies are being targeted by Anonymous? See their responses
In addition to Russian entities, Anonymous says it’s now targeting some Western companies. Jakub Porzycki | Nurphoto | Nurphoto | Getty Images The “hacktivist” collective known as An...
Jim Cramer says one of these red-hot stocks is a maybe, the other is a miss
CNBC’s Jim Cramer on Thursday broke down why Alto Ingredients is a risky buy while Gladstone Land is a complete miss. “You have my blessing to swing at Alto Ingredients for speculation, bu...
Market will find a bottom soon and is poised for a rally
CNBC’s Jim Cramer on Thursday predicted that Wall Street will price in a bottom soon and the market will be set for a “tremendous rally.” “Suddenly, the conventional wisdom say...
Buy Dollar General for consistency and Dollar Tree for high-risk, high-reward, Jim Cramer says
CNBC’s Jim Cramer on Thursday said investors who value consistency should buy Dollar General while risk-takers should purchase Dollar Tree. “If you want a consistent operator that doesn...
Opinion: How to make your money last in retirement
Lots of research has been done on the best way to generate retirement income. It’s one of the most popular financial topics. I think this popularity is driven by two things: its obvious importance—and...
Klarna Launches New Division for Its Banking Business Platform
Klara’s journey into the open banking space began back in 2014 when it acquired Sofort, a German direct bank to bank payment service. Swedish fintech firm Klarna has created an open banking subdivisio...
Inflation hasn’t dented summer travel demand yet
A sharp uptick in inflation has so far not caused a slowdown in demand for travel in the spring and summer months, Booking Holdings CEO Glenn Fogel told CNBC on Thursday. “Not yet. Not yet,̶...
Stock futures bounce as investors assess start of new quarter, bond market recession indicator
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasolin...
‘We’re headed for a family feud’: My father offered his 3 kids equal monetary gifts. My siblings took cash. I took stock. It’s soared in value — now they’re crying foul
Dear Quentin, Several years before my father’s death, he offered me and my two siblings each an early “cash gift” from his estate in the amount of whatever the maximum non-taxable amount was at the ti...