Month: June 2022
Jim Cramer says to buy the dip in oil stocks, stay away from everything else
CNBC’s Jim Cramer on Monday said the only stocks investors should be buying the dip on are oil names. “I want to be kind to this market and tell you it’s the same old buy the dips game plan. But in reality, the only dip that can be bought right now, at least, is the […]
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Apple just updated its best-selling Mac — here’s what it looks like now
Apple announced a new version of its MacBook Air on Monday at its annual developers conference, WWDC. The MacBook Air is the best-selling Apple laptop, and the new design will likely boost Mac sales in the coming quarters. In recent years, the Mac product line has been growing strongly — shipments grew about 28% in […]
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Stock futures are little changed on Monday
Traders on the floor of the NYSE, June 3, 2022. Source: NYSE Stock futures were little changed Monday evening after a sleepy day of trading as investors await key inflation data due out later in the week. Futures tied to the Dow Jones Industrial Average inched higher by 0.01%. S&P 500 futures and Nasdaq 100 […]
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UK PM Boris Johnson narrowly survives confidence vote triggered by lawmakers in his own party
British Prime Minister Boris Johnson was booed by crowds as he entered St Paul’s Cathedral on June 3 for the National Service of Thanksgiving to celebrate the Platinum Jubilee of Queen Elizabeth II. Wpa Pool | Getty Images Entertainment | Getty Images LONDON — U.K. Prime Minister Boris Johnson has survived a vote of confidence […]
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Mickelson the last to sign up for Saudi-funded golf league
Phil Mickelson, a chief recruiter for a Saudi-funded rival league to the PGA Tour, is ending his four-month hiatus by adding his name to the 48-man field for the LIV Golf Invitational that starts Friday outside London. Mickelson will be joining Dustin Johnson, Sergio Garcia and three other former major champions in a 54-hole tournament […]
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Peloton’s CFO is leaving the company, will be replaced by Amazon cloud executive
A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Reuters Peloton’s chief financial officer, Jill Woodworth, is leaving the company and will be replaced by Liz Coddington, an executive […]
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Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling
Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Homeowners are in the money, and it just keeps coming. Two years of rapidly rising home prices […]
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Marriott forward bookings in Europe are 50% ahead of same time in 2019, says Marriott CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tony Capuano, Marriott CEO, joins ‘Closing Bell’ to discuss if this summer is the strongest’s the company has seen, if Secretary Raimondo’s aspirations for 90 million tourists will come to fruition and more. Source
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Chipotle and Kraft use this start-up to track and prove how green they are
Consumers are now demanding environmental accountability in everything — from the buildings they live in to the products they purchase. Food is a big one. While more and more food companies are claiming that their products are “sustainable,” a Brooklyn, New York-based startup is asking how good that claim really is. The company is called […]
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Retirement tax breaks benefit higher earners, leaving middle-class savers behind, report finds
Fstop123 | E+ | Getty Images Tax breaks designed to boost retirement savings may primarily benefit higher earners, leaving middle-class workers behind, according to a report from the National Institute on Retirement Security. With most Americans receiving less than half of preretirement income from Social Security, many rely on employer-sponsored savings plans and individual retirement […]
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