Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The Fed isn’t ready t...
Tag: Economy
Amazon Nightmare Is Reminiscent of the Dotcom Collapse
It’s a dark year for Amazon. A year to forget. The e-commerce giant undoubtedly wants to put 2022 behind it and get out of what appears to be a real stock market nightmare. The numbers speak f...
GoldFever mirrors the real world with its Game-Yield-Generator (GYG) economy
If the Game-Yield-Generator (GYG) economy sounds unfamiliar, it is anything but normal. The GYG model was created by Gold Fever as a result of their journey from a P2E economy to an open and competiti...
Japan’s ‘Frankenstein’ Turns On The No. 3 Economy
Haruhiko Kuroda made the tiniest of gestures he possibly could on the BOJ’s ultraloose policies. JIJI PRESS/JIJI PRESS/AFP via Getty Images Who knew global investors were this easy? Even Bank of...
More Consumers Turn To Buy Now, Pay Later; Signs The Economy Will Struggle
Out of Cash, Many Americans Add to Their Credit Card Debt During the Holidays Once flush with additional savings from the pandemic, many consumers have exhausted that excess cash due to ongoing inflat...
Here’s What The Most Expensive Art Auctions Of 2022 Say About The Art Market (And The Economy)
Topline The year 2022 was record-breaking at the top levels of the art market in terms of valuable collections coming to market, expensive paintings and auction house sales, though some experts say sa...
AMC Entertainment, Tesla, Micron, Under Armour and more
Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. AMC Entertainment — Shares plummeted 7.4% after the company propo...
Airlines cancel flights before Christmas
Workers deice an Alaska Airlines plane during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images A...
Is The Economy On The Brink Of Recession? Here’s Why Strong GDP Data May Not Tell The Whole Story
Topline The U.S. economy grew more than economists expected in the third quarter—officially signaling the economy has emerged from a so-called technical recession earlier in the year, but the largely ...
CarMax, Micron, Under Armour and others
Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estima...
China’s economy looks different than it was going into the pandemic
The central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first three quarters of 2022. Pictured here is a screen displaying details of a new factory in the city. Vcg | Visual Ch...
Survey shows a Costco membership hike would face little resistance
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Investing Club holding Costco (COST). The survey says … According to a...
Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse – Featured Bitcoin News
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it h...
Rite Aid, Nike, FedEx and others
Check out the companies making headlines before the bell: Rite Aid (RAD) – Rite Aid jumped 8.4% in the premarket after reporting a smaller-than-expected loss and revenue that beat Wall Street forecast...
Hydrogen can help decarbonize the UK economy but isn’t panacea, MPs say
Hydrogen storage tanks photographed in Spain on May 19, 2022. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Angel Garcia | Bloomberg | Getty Images Hy...
Millionaires plan to cut their holiday spending due to inflation
American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the wealth ladder, according to a CNB...
Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up
Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous amounts of trillions of dollars i...
Gilead Sciences, Moderna, Tesla and more
A sign is posted in front of the Gilead Sciences headquarters on April 29, 2020 in Foster City, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Gene...
If You’re Jobless, Here’s Where You Might Want to Move
Much has been made of the labor shortage plaguing American businesses. You may have seen it yourself, say, in a restaurant where your meatloaf got cold because not enough waitstaff was working. Person...
Bloomberg now expects 2023 to be one of the worst years for the world economy since 1993. But don’t panic — here are 3 stocks to help protect you from the pain
Bloomberg now expects 2023 to be one of the worst years for the world economy since 1993. But don’t panic — here are 3 stocks to help protect you from the pain The world economy has largely boun...
Perhaps Milton Friedman Was Right
Notorious gangster Al Capone attempts to help unemployed men with his soup kitchen “Big Al’s Kitchen … [+] for the Needy.” The kitchen provides three meals a day consisting of ...
IMF Approves $3 Billion Egypt Loan to Support Ailing Economy
(Bloomberg) — The International Monetary Fund approved a $3 billion loan for Egypt that will offer some relief to an economy grappling with the fallout of Russia’s invasion of Ukraine. Most Read...
Rising car repossessions trend warning sign for economy, report says
Car repossessions are on the rise, and financial analysts fear the trend will continue, according to a report. The auto loan industry looks much different than it did at the start of the pandemic, whe...
Interest Hikes, Inflation, and Stagflation: Watch the Fed in 2023
Inflation has raged over the past year and a half, jumping 7.7% in the 12 months through October. The Federal Reserve responded by raising interest rates. The central bank started in March, though man...
Why Some Longer-Term Investors Are Now Concerned
Amazon box. getty AmazonAMZN is no longer an exciting start-up operation even though a few Wall Streett analysts still like to think of it that way. In fact, the big online retailing outfit is taking ...