Day: May 15, 2022
Want to beat the market volatility? A fund manager explains how
Jordan Cvetanovski of Pella Funds Management names the companies to own in uncertain times, some of which did well during the global financial crisis and Covid. Speaking to CNBC Pro Talks last week, he noted that global headwinds are roiling the stock market — and some sectors are set to benefit. Stock exchanges are one […]
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Stock futures rise ahead of a big week of retail earnings
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers. Futures tied to the Dow Jones Industrial Average rose 89 points, or 0.3%, while S&P 500 […]
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Support for abortion rights hits new high as midterm outlook is grim for Democrats
Abortion rights campaigners participate in a demonstration following the leaked Supreme Court opinion suggesting the possibility of overturning the Roe v. Wade abortion rights decision, in Washington, U.S., May 14, 2022. Amira Karaoud | Reuters WASHINGTON — Support for abortion rights has reached a record high, and nearly two-thirds of Americans oppose the U.S. Supreme […]
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John Fetterman, Pennsylvania Democrat running for Senate, has suffered a stroke days before primary
Pennsylvania Lt. Gov. John Fetterman, the leading Democrat in the state’s high-profile Senate contest, suffered a stroke just days before the primary election but was on his way to a “full recovery,” his campaign said on Sunday. The 52-year-old Fetterman, who confirmed that he had been hospitalized all weekend, insisted the health emergency wasn’t slowing […]
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Amazon’s Bezos again blasts Biden administration on inflation, says it’s most hurtful to the poor
Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence on September 20, 2021 in New York City. Michael M. Santiago | Getty Images News | Getty Images Amazon founder Jeff Bezos tweeted on Sunday that inflation is most hurtful to the least affluent in the […]
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Op-ed: Ukraine and its allies must tackle 5 tests for the civilized world to shape a better future
Here are the five crucial tests Ukraine and its global partners and allies must tackle as Russian President Vladimir Putin’s criminal war approaches its most decisive phase. Some are short-term, and others have generational consequences. What unites them is that all five are necessary to transform Putin’s murderous authoritarian threat into a historic opportunity for […]
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How to buy stocks on the brink of a bear market
It seemed like everyone was in a buying mood on Friday, except Elon Musk. The Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq Composite turned in its second positive session in a row, and the S&P 500 was up over 2%, a small step back from the brink of a bear market, […]
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Auto supplier Magna is uniquely positioned to benefit from electric pickups
DETROIT – If electric pickup trucks from the Detroit automakers take off, auto supplier Magna International is in a unique position to benefit from producing a crucial part of the vehicles. The Canadian company produces the enclosures that house the lithium-ion batteries of the Ford F-150 Lightning and Hummer EV pickups. The parts are highly […]
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EU’s Vestager says Ukraine war has revived the transatlantic relationship
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Speaking to CNBC’s Silvia Amaro, the European Commission’s Executive Vice President for Competition Margrethe Vestager discusses the role of the EU-U.S. Trade and Technology Council, particularly given the ongoing conflict in Ukraine. Source
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A severe pilot shortage in the U.S. leaves airlines scrambling for solutions
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis […]
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