Avalon_studio | E+ | Getty Images HUNTINGTON BEACH, Calif. — There are four big trends impacting the economy and stock market right now, and uncertainty around each is creating challenges for investor...
Tag: Economy
The U.S. has a pilot shortage — here’s how airlines are trying to fix it
U.S. airlines are facing a severe pilot shortage. Management consulting firm Oliver Wyman estimates the industry is facing a deficit of about 8,000 pilots, or 11% of the total workforce, and says the ...
Rent the Runway, Oracle, Wolfspeed and more
Check out the companies making headlines before the bell: Rent the Runway — Shares dropped 22% after the fashion rental company said it’s laying off 24% its corporate workforce. Additionally, Re...
Support for GBP/USD Pair With Economy Expansion in July M/M
The UK and its currency are going through a rough patch during the current economic calendar that could soon be revised, assuming the factors go in their endorsement in the coming times. The situation...
Inflation ‘collapse’ will spark big stock market gains: Credit Suisse
Credit Suisse expects the Federal Reserve to pause interest rate hikes sooner than widely expected due to tumbling inflation. According to the firm’s chief U.S. equity strategist, it will launch...
Holiday airfare will be most expensive in 5 years as pandemic fears wane
Los Angeles, CA – November 23: An air travel passenger is hugged while being picked up amid a long line of travelers awaiting rides after arriving at Los Angeles International Airport terminal 1...
Bristol-Myers Squibb, Twitter, Gilead Sciences and more
Check out the companies making the biggest moves midday Monday: Gilead Sciences — Shares of Gilead rose 3.8% after the biopharmaceutical company revealed it settled a patent case over its HIV therapie...
Best hotels for business travelers in Asia-Pacific
Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data...
Falling gas prices are raising hopes that inflation is slowing, New York Fed survey shows
People shop at a supermarket in Montebello, California, on August 23, 2022. Frederic J. Brown | AFP | Getty Images Lower gas prices are raising optimism that inflation is on the decline, according to ...
Carvana, Bristol-Myers Squibb, Alphatec and more
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Check out the companies making headlines before the bell Monday. Carvana — Shares of the online car seller rose more than 7% in the premarket after Piper S...
Where Walmart, Amazon, Target are spending billions in slowing economy
A Walmart employee loads up a robotic warehouse tool with an empty cart to be filled with a customer’s online order at a Walmart micro-fulfillment center in Salem, Mass. on Jan. 8, 2020. Boston ...
US Economy Headed Towards Deflation
Tesla and SpaceX CEO Elon Musk has a dire warning for the US economy. Musk warns that another major federal reserve hike will result in deflation. Musk’s warning comes as the Fed is expected to move f...
Zscaler, DocuSign, Virgin Galactic, Kroger and more
The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Zscaler — Zscaler surged 20%...
Fed’s Waller sees ‘significant’ rate hike this month, backs data-dependent approach
Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month. He also said policymakers should st...
Airlines’ chaotic summer is over. These 5 charts show how it went
Travelers make their way through Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Get...
Chinese Tech Titans Are Losing Their Global Backers
Ma ”Pony” Huateng, cofounder of Tencent Holdings Ltd. (Photo by Jerome Favre/Bloomberg) © 2015 Bloomberg Finance LP China’s biggest technology companies, which had generated rich returns f...
Are We In A Goldilocks Economy?
Getty Images Key takeaways In light of moderating economic data, some economists believe we could be headed toward a “Goldilocks economy” – or in one already Goldilocks economies are “just right,” wit...
DocuSign, Tesla, RH and more
Check out the companies making headlines before the bell. DocuSign — Shares of the electronic signature company surged 16.4% after DocuSign’s quarterly numbers beat Wall Street expectations. Doc...
Why America still can’t agree on charter schools after 30 years
Whether it’s student loan forgiveness or banning books, education policy in the United States can get contentious. One controversial education policy that goes back to the 1990s is the charter s...
Americans are drowning in $16.15 trillion of debt — here’s what that means for the economy and how you can save your own finances
Americans are drowning in $16.15 trillion of debt — here’s what that means for the economy and how you can save your own finances American households added 2% on average to their debt burden in...
Recession Proof Your Gig Economy Cash-Flow Before Things Get Worse
STOCKPORT-ENGLAND- MARCH 12: A man wearing a mask walks past a sign in a shop window saying ‘going … [+] out of business, everything must go’ on March 12, 2021 in Stockport, England....
Stocks making the biggest moves after hours: DocuSign, Zscaler and more
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines after hours. DocuSign — Shares surged more than 17% ...
GameStop, Rivian, Regeneron, Snap and more
Pedestrians pass in front of a GameStop retail store in New York, December 23, 2021. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Thursday. GameStop – Shares of video g...
Fed Chair Powell vows to raise rates to fight inflation ‘until the job is done’
Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used to higher prices and comes to expect them as th...
Watch Fed Chair Jerome Powell speak live in Q&A at the Cato Institute
[The stream is slated to start at 9:10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday morning in a question-and...
Watch Christine Lagarde speak after the ECB announces rate hike
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference after...
GameStop, American Eagle Outfitters, Asana and more
GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop&#...
Michael ‘Big Short’ Burry: The Worst Is Yet to Come
No one can accuse the famed investor Michael Burry of inconsistency. The man immortalized by Michael Lewis’s book-turned-into-movie “The Big Short” has been bearish on stocks and other risk assets for...
Alphabet CEO Pichai Sends New Warnings About the Economy
The economy’s health is currently the main concern of companies and investors. Will the economic machine slow to the point of seizing up? The Federal Reserve will continue to aggressively raise ...