Text size Broadcom’s acquisition of VMware would be one of the biggest deals of 2022 so far. Justin Sullivan/Getty Images Chip maker titan Broadcom may announce a deal to purchase software compa...
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Boeing Changes Will Make Planes Safer, Executive Says
EVERETT, Wash.––Boeing safety chief said changes under way at the plane maker following two deadly 737 MAX crashes should prevent engineers from designing another automated cockpit system without suff...
Yields Are Rising. Advisors Weigh In on Where to Stash Cash.
Is cash no longer trash? After years of yielding next to nothing, short-term bond investments are suddenly delivering yields large enough to detect with the naked eye. That doesn’t mean beleaguered in...
‘Markets are imploding’ because the Fed isn’t doing its job, says billionaire investor Bill Ackman
“‘How does this downward market spiral end? It ends when the Fed puts a line in the sand on inflation and says it will do “whatever it takes.”’” — Bill Ackman, founder and CEO, Pershing Square Capital...
Snowflake May Have Upside After a Big Drop in the Bear Market
Text size Snowflake, the cloud-based data warehouse company, has been pummeled in the bear market. Gabby Jones/Bloomberg Snowflake publishes results on Wednesday, giving investors a fresh look after a...
New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates. New sales slowed to a 59...
Ray Dalio says ‘cash is still trash’…but stocks are trashier
It wouldn’t be Davos week without a CNBC exclusive interview with Bridgewater Associates’ Ray Dalio, the founder of the world’s largest hedge fund by assets under management and one of the most closel...
‘Real wealth destruction’: This Deutsche Bank chart shows what could happen to assets in a repeat of the stagflationary 1970s.
While the decade is still young, if inflation sticks around for the next few years, things could get pretty ugly for investors. That’s according to this chart from Deutsche Bank, which shows how a ran...
In a ‘baby with the bathwater’ market, here are a dozen unfairly punished stocks, ripe for a bounce
Another equity selloff is brewing as a warning from Snapchat’s parent has triggered broader panic, with fears Snap is the next canary in the coal mine for tech. Or it just may be another excuse to sel...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...
Dan Quayle Bought Up Carvana’s Slumping Stock
Text size Former Vice President Dan Quayle. Drew Angerer/Getty Images Carvana stock has slumped this year, and former Vice President Dan Quayle, who serves the used-car retailer as a director, bought ...
Russian ruble surges on report some capital controls may ease up
The Russian ruble surged on Monday, following a report that the government plans to cut a key foreign exchange limit for exporters. The ruble RUBUSD, +1.83% surged 6.8% against the dollar on Monday, h...
Tesla Stock Has Fallen Below $700. Why $540 Might Be Next.
Text size Tesla stock hit $1,200 early in the year and almost $1,150 in April. Then it started dropping. Mario Tama/Getty Images Tesla stock has been badly battered in recent weeks. It’s breaking key ...
AMD’s New Chips Could Spark a Turnaround for Its Stock
Text size AMD’s Ryzen 7000 chips will be made using a more advanced process than its existing ones. Courtesy of AMD It’s finally here. For the first time in three years, Advanced Micro Devices w...
Opinion: ‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300
The U.S. stock and the bond markets are finally in the process of catching up with our views. We always believed these past two years represented a fake bull market built on sand, not concrete. And fr...
Sit Out the Next Few Months, Say These Analysts. A Recession Is Unavoidable.
Text size American flags outside the New York Stock Exchange in New York. Michael Nagle/Bloomberg The S&P 500 came close to finishing Friday’s session in a bear market, adding fuel to a rapidly in...
Bank of America is raising its hourly minimum wage to $22 — here’s how many people don’t even come close to pay like that
Bank of America workers are getting a pay bump at the end June when minimum wages climb to $22 as a part of the major bank’s longstanding plan to get its starting rate to $25 by 2025. It’s good news f...
The Great Resistance is here. Companies and employees are in a battle of wills over returning to the office.
Amy Faust Liggayu, 32, a market-research project manager based in Tinley Park, Ill., and mother of a 7-month-old son, never imagined she would have a life where she could spend five days a week with h...
‘I have great plans for myself’: My girlfriend doesn’t understand how her student loan works and rents a pricey apartment. What if we marry — and divorce?
My girlfriend and I have been in a relationship for seven months, and it is getting more serious. I don’t expect us to get married in the next year but I like to plan ahead and if things keep working ...