Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffery | CNBC This year has already been a tough one, and 2023 isn’t looking much better, with economic growth expected by the Federal Reserve to come in at just 1.2%. Given this dour outlook, investors will have to carefully choose where to put their money to work.
Dan Ivascyn, PIMCO, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC The U.S. is likely headed toward a recession but there’s a chance for the downturn to be comparatively mild due to strong underlying fundamentals, according to Pimco bond expert Dan Ivascyn. In remarks echoed by other speakers Wednesday at CNBC’s Delivering
Lauren Taylor Wolfe, center, Roy Swan, left, and Shundrawn Thomas at CNBC’s Delivering Alpha, Sept. 8, 2022. Scott Mlyn | CNBC ESG and sustainable investing generally have come under fire recently, with critics pointing to a lack of transparency and differing definitions sparking confusion around what investors are actually buying. Adding to the confusion is
Countries like the U.S. and U.K. are grappling with inflation that has risen to multi-year highs as the Ukraine war has caused energy prices to spike and food prices to rise. Angela Weiss | AFP | Getty Images Wall Street has a texting problem and the SEC is not happy. Last night the SEC announced charges
Customers carry their items after shopping at Costco in Washington D.C., May 5, 2021. Ting Shen | Xinhua News Agency | Getty Images Here are the stocks making notable moves in extended trading: Costco — The wholesale membership club retailer was down about 2.8% after reporting fiscal fourth quarter earnings post-market, and saying it’s seeing
In this article BA COST ALLY CAMP FDX RTX Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in annual costs. FedEx fell 3.2% in
Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its battle with inflation could result in much higher interest rates and a recession. The sell-off Friday was global, in a week where the Fed boosted rates by another three-quarters of a point and other central
In this article WFC ALLY AMD CAMP RTX LMT COST Follow your favorite stocksCREATE FREE ACCOUNT Visitors walk past a Boeing board during the Farnborough Airshow, in Farnborough, on July 18, 2022. Justin Tallis | AFP | Getty Images Check out the companies making headlines in midday trading. Boeing — The aerospace company was down
In this article PLNT PCG LVS Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Planet Fitness — Shares of the gym franchise jumped nearly 3% in premarket trading after Raymond James upgraded the stock to strong buy from market perform. The Wall Street firm said the company has
In this article PCG LVS WYNN 9868-HK PLNT Follow your favorite stocksCREATE FREE ACCOUNT An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Check out the companies making headlines
In this article 2015-HK LCID KDP Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Keurig Dr Pepper — The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a buy rating. The Wall Street firm said it sees increased risk to Keurig’s margins
In this article HTZ KDP LCID VLO NCLH RCL Follow your favorite stocksCREATE FREE ACCOUNT Andrew Kelly | Reuters Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 4.42% after the company announced a partnership with BP’s electric vehicle charging unit that will put thousands of
In this article LYFT AAPL OCGN THO DIS BIIB Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer’s drug dramatically slowed the disease’s progression in a study, reducing cognitive and
A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making headlines in midday trading. Apple — Apple shares fell 3.4% on Wednesday following a report that the company is ditching plans to boost new iPhone production. Instead of aiming to increase output by 6 million units in the second half
In September of 2018, designer and artist Malene Barnett took to Instagram to protest the lack of black representation at the New York Design Center’s annual “What’s New, What’s Next” symposium. After garnering more than 1,500 likes and some 370 comments, Barnett’s virtual provocation became reality: She went on to found the Black Artists +
Housing markets that had the fastest growing rents over the last two years are now witnessing a dramatic pullback. None of the top 40 largest markets saw year-over-year asking rents expand in August, pointing to the overall deterioration of market conditions, according to Apartments.com. “After a 20-month run of positive monthly growth dating back to
Slow-moving Hurricane Ian puts more than 1 million homes along the Florida Gulf Coast at risk of storm surge heights up to 10 feet and a reconstruction cost value of approximately $258.3 billion, according to CoreLogic, a global property data and analytics provider. These figures assume Hurricane Ian makes landfall as a Category 4 hurricane.
Tunafjärden is a peaceful bay in the Stockholm archipelago. In the summer, boats line the docks that spill off the narrow lots of waterside properties. In winter, a skim of ice hardens to create an unbounded backyard skating rink. The multiple islands and meandering waterways mean there’s an ample supply of waterfront homes and places
Topline New home sales unexpectedly surged much more than economists projected in August even though same-day data showed prices collapsing due to a dearth in demand—fueling volatility that some experts argue could signal that the housing market slowdown could hike up the odds of a recession. Key Facts About 685,000 new single-family houses were sold
Share to Facebook Share to Twitter Share to Linkedin On August 16, President Joe Biden signed into law the Inflation Reduction Act, which provides some $370 billion in energy and climate spending and tax breaks over the next decade. It’s the most aggressive federal action to combat climate change in the nation’s history and is