CNBC’s Jim Cramer said the market could continue to stall out after Wednesday’s slump and urged investors to trim some of their positions. “Things can still go right. I don’t w...
Tag: Business
Dodge unveils electric muscle car concept Charger Daytona SRT
Dodge Charger Daytona SRT concept car Dodge DETROIT — Dodge on Wednesday unveiled a new concept car called the Charger Daytona SRT as a preview of its first all-electric muscle car, expected in 2024. ...
Inflation Reduction Act promises tax credits for EVs — here’s how to claim them
Your new electric car may land you a $7,500 tax credit now that the Inflation Reduction Act — designed to fight climate change and inflation — has been signed into law by President Biden. But the new ...
Kohl’s, BJ’s Wholesale, Estee Lauder and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s shares slid 7.2% in the premarket after the retailer cut its full-year forecast due to increased promotional...
Stocks making the biggest moves after hours: Cisco, Wolfspeed & more
A sign bearing the logo for communications and security tech giant Cisco Systems Inc is seen outside one of its offices in San Jose, California, August 11, 2022. Paresh Dave | Reuters Check out the co...
Yellen tells IRS to develop modernization plan in 6 months
Now that President Joe Biden signed Democrats’ expansive climate, tax and health care bill into law, U.S. Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outli...
CDC admits Covid response fell short, launches reorganization
Rochelle Walensky, MD, MPH, Director, United States Centers for Disease Control and Prevention; speaks during the COVID Federal Response Hearing on Capitol Hill on June 16, 2022 in Washington, DC. Joe...
‘Flash’ star Ezra Miller’s apology is not a get out of jail free card, experts say
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle/bauer-griffin | Filmmagic ...
London to face water restrictions from next week, Thames Water says
A man walks in Greenwich Park, London, on August 14, 2022. On August 17, Thames Water said a Temporary Use Ban covering London and the Thames Valley would begin next week. Dominic Lipinski | PA Images...
Lowe’s (LOW) earnings Q2 2022
A customer pushes a shopping cart towards the entrance of a Lowe’s store in Concord, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday...
Fox Business Journalist Says SEC Has Until 2024 to Penalize Ethereum For Conducting Unregistered ICO
– Advertisement – Will the SEC penalize Ethereum for its unregistered ICO? Only time will tell… With the SEC claiming that all crypto assets except Bitcoin fall under its jurisdiction, E...
Target (TGT) Q2 2022 earnings: Profit falls nearly 90%
A sign outside of a Target department store on June 07, 2022 in Miami, Florida. Target announced that it expects profits will take a short-term hit, as it marks down unwanted items, cancels orders and...
Lowe’s, Target, TJX and more
Check out the companies making headlines before the bell: Lowe’s (LOW) – Lowe’s rose 1% in the premarket after it reported quarterly earnings of $4.67 per share, 9 cents above estimates. T...
BlackRock to invest over $700 million in Australian battery storage
Wind turbines in Australia. Earlier this year, a report from Australia’s Clean Energy Council said renewables were responsible for 32.5% of the country’s electricity generation in 2021. Jo...
S&P 500 Pauses At Resistance; Elon Musk Scores Own LOL With Manchester United Tweets| Investor’s Business Daily
Dow Jones futures rose slightly early Wednesday morning, along with S&P 500 futures and Nasdaq futures. Tesla CEO Elon Musk tweeted Tuesday night that he was going to buy the Manchester United soc...
This is Dodge’s first electrified vehicle
2023 Dodge Hornet GT Dodge DETROIT – The first electrified vehicle for the Dodge brand under Stellantis will be a plug-in hybrid crossover called the Hornet, a resurrected name most recently used for ...
Swap speculative stocks for more boring plays even as market rallies, Jim Cramer says
CNBC’s Jim Cramer on Tuesday told investors to sell their speculative stocks to fund purchases of more stable stocks. “It’s time to take profits on the most speculative stocks in you...
Jim Cramer warns investors not to bet prematurely on a soft landing
CNBC’s Jim Cramer on Tuesday warned investors not to assume that the Federal Reserve will engineer a soft landing for the economy. “Fair-weather bulls, who all believed we were headed for ...
Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate
After more than a year of debate over costs, taxes, tax credits and regulations, President Joe Biden finally signed his sweeping tax, health and climate bill into law — albeit a significantly reduced ...
Walmart (WMT) earnings Q2 2023
A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart on Tuesday said sales grew more than 8%, but profits tighte...
Walmart CEO Doug McMillon says even wealthier families are penny-pinching
Walmart CEO Doug McMillon said even wealthier families are penny-pinching as inflation drives up the price of groceries. In an interview Tuesday on CNBC’s “Squawk on the Street,” the...
Homebuyers are backing out of more deals as recession fears linger
Rising costs and falling confidence in the U.S. economy are fast becoming a toxic cocktail for the housing market. As a result, a growing number of buyers are backing out of deals they’ve made w...
Biden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug costs and raising hundre...
American Airlines agrees to buy 20 supersonic planes from Boom
American Airlines has agreed to purchase 20 supersonic Overture planes from Boom Supersonic, the companies announced Tuesday. The deal is the second firm order in the last two years for Boom, still ye...
Apple wants workers back in the office 3 days a week starting Sept. 5: reports
More than a year after its new hybrid work schedule was announced, Apple Inc. will require its employees to return to the office at least three days a week starting Sept. 5, according to reports Monda...
Reebok owner Authentic Brands strikes $254 million deal for Ted Baker
A branch of Ted Baker stands on Regent Street in London, England. Jack Taylor | Getty Images News | Getty Images Authentic Brands Group, the retail conglomerate that owns businesses including Reebok, ...
CNBC Chairman Mark Hoffman to step down in September
Mark Hoffman, Chairman of CNBC Mark Hoffman, CNBC’s president since 2005 and chairman since 2015, announced Tuesday he will step down on Sept. 12. Hoffman is leaving of his own accord. NBCUniver...
Polestar 6 roadster confirmed for 2026 production
Polestar O2 electric roadster concept Source: Polestar Swedish electric vehicle maker Polestar said Tuesday that a popular electric roadster that it showed off earlier this year will officially go int...
4 Helpful Apps That Can Help You In Crypto Business
How achieve real success in crypto business with no effort If you are learning how to invest or want to know how to trade cryptocurrencies, the first step is choosing the right platform to succeed on ...
Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.
Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK.B, +1.26% ...