Year: 2023
Where to keep your cash amid high inflation and rising interest rates: It’s ‘a little tricky,’ says expert
dowell | Moment | Getty Images Investors have many options when saving for short-term goals, and those choices have become more complicated amid high inflation and rising interest rates. While there have been signs of slowing inflation, the Federal Reserve is expecting higher interest rates to continue. “It looks like this year might be a […]
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This little-known software stock is a high-quality growth pick that could jump 45% in the second half of 2023, Bank of America says
Investors should buy JFrog ahead of a recovery in the second half of 2023, according to Bank of America. Analyst Brad Sills upgraded shares of JFrog to buy from neutral, saying the high-quality growth stock could bounce later this year — even if it is out of favor with investors for the moment. “We believe […]
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Stellantis beefs up commitment to electric flying vehicle company Archer Aviation
Stellantis is leaning into its bet on a future that includes flying cars. The Chrysler maker is doubling down on its commitment to help Archer Aviation produce its first batch of electric flying vehicles by 2025, announced Stellantis CEO Carlos Tavares and Archer CEO Adam Goldstein in an interview on CNBC’s Tech Check. Stellantis, the […]
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JPMorgan’s top rated picks for 2023, such as two stocks coming off their worst performances in decades
JPMorgan analysts warned Wednesday that there could be even further downward force on the market in 2023 ahead of a recovery is felt. But they explained there are however stocks to commit in. The analysts said in a be aware to purchasers that they assume the S & P 500 to retest lows seen in […]
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Fed officials see higher premiums for ‘some time’ in advance
enjoy now Video2:2302:23 Fed releases minutes from December conference, officials see better fees for ‘some time’ ahead Ability Lunch WASHINGTON – Federal Reserve officials are dedicated to fighting inflation and be expecting bigger curiosity rates to continue to be in spot right up until extra development is produced, according to minutes released Wednesday from the […]
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‘Halftime Report’ traders like financials, see sector doing well even in a recession
As investors position their portfolios for the year ahead, one sector is a standout pick for the investment panel on CNBC’s “Halftime Report” : financials. Financials are well-positioned to deal with volatility after preparing for a bearish scenario in 2023, according to the investment committee on Wednesday. The panel included Joe Terranova, Karen Firestone, Jenny […]
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Share of new car buyers with a monthly payment of more than $1,000 hits record high
Financing a new or used car is more expensive than ever, new research shows. Amid rising interest rates and elevated auto prices, the share of new car buyers with a monthly payment of more than $1,000 jumped to a record high, according to Edmunds. The average price paid for a new car in December set a […]
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Paramount sued for $500 million about 1968 ‘Romeo & Juliet’ nude scene
British actress Olivia Hussey and actor Leonard Whiting star in Franco Zeffirelli’s ‘Romeo and Juliet,’ circa 1967. Keystone | Hulton Archive | Getty Visuals Two stars of the 1968 movie adaption of “Romeo & Juliet” have sued Paramount Shots for far more than $500 million above a nude scene the actors shot when they were […]
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GM reclaims title as America’s top automaker after a 2.5% jump in sales last year
2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales despite supply chain problems. GM said Wednesday it sold 2.27 million vehicles in the U.S. in 2022, up by 2.5% […]
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Microsoft drops following UBS analysts alert of weakness in the cloud
A indication for Microsoft Corp. at the company’s workplace in the central small business district of Lisbon, Portugal, on Tuesday, Dec. 27, 2022. Zed Jameson | Bloomberg | Getty Images Microsoft shares sank virtually 5% on Wednesday while the broader tech industry rallied following analysts at UBS said the computer software organization faces weak point, […]
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