Day: November 24, 2024
Stock futures rise Sunday ahead of shortened trading week: Live updates
Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. NYSE U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Markets are closed on Thursday for Thanksgiving Day and end early on Friday. Dow Jones Industrial Average futures rose […]
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‘We can overcome climate change’: Richard Branson says young people should not be down about the future
The billionaire Virgin founder Sir Richard Branson said younger generations should feel positive about the future — and that they can “achieve an enormous amount.” “Any of us who get ourselves into a position where we can make a difference, however small it is, just shouldn’t waste that position,” he said, speaking to CNBC’s Tania […]
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Some Dems back Trump-pick Rubio for Secretary of State but remain critical of Hegseth, Gabbard and Gorka
A handful of Democrats are sounding their approval of Republican Florida Sen. Marco Rubio as Secretary of State but others continue to doubt some cabinet picks made by President-elect Donald Trump. “I think Marco Rubio is enormously well-qualified for the job for which he’s been nominated,” Democratic Senator-elect from California Adam Schiff said on NBC’s […]
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Junk food lover Warren Buffett’s new pizza investment fits perfectly in Berkshire’s portfolio
Warren Buffett, a celebrated lover of junk food, just bought into a national pizza chain whose shares are trading near their cheapest level of the year. With CEO Buffett at the helm, Berkshire Hathaway bought more than 1.2 million shares of Domino’s Pizza last quarter, a stake worth about $550 million, a recent regulatory filing […]
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‘Wicked’ soars with $114 million domestic opening, ‘Gladiator’ snares $55.5 million
Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal’s “Wicked.” Universal The box office was a popular destination this weekend as Universal’s “Wicked” and Paramount’s “Gladiator II” arrived in cinemas. “Wicked” is expected to snare $114 million during its domestic opening, the highest debut of a Broadway adaptation in cinematic history, according […]
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DOGE coming: Beware these stocks that get the most revenue from the government
Investors should be wary of the impacts several companies may bear from the cost-cutting goals of President-elect Donald Trump’s Department of Government Efficiency, or DOGE, according to TD Cowen. “The announcement of DOGE has led to concerns about future revenue and profitability of USG [United States government] contractors,” analyst Roman Schweizer said in a Friday […]
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Top Wall Street analysts are bullish on these dividend stocks
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg | Getty Images With the Federal Reserve now on a rate-cutting campaign, dividend stocks may soon get their moment in the spotlight. Investors looking for lucrative dividend-paying stocks can track the recommendations of top analysts, who consider various aspects […]
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Fund managers at Fidelity share how they’re playing China’s stimulus plans
For two fund managers at Fidelity International, Beijing’s latest stimulus announcements were significant enough for them to buy more beaten-down real estate stocks. Chinese authorities have released a series of incremental measures since late September that range from cutting interest rates to extending financial support for finishing construction on apartments that have already been sold. […]
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Can Starbucks fix long lines at its airport cafes?
Customers wait in a long line at a Starbucks cafe in a terminal at Miami International Airport, in Miami, Dec. 12, 2022. Jeff Greenberg | Universal Images Group | Getty Images Air travelers face a host of headaches on their journeys: slow security lines, long waits for plush lounges, the threat of delays or cancellations […]
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Trump picks Brooke Rollins to be agriculture secretary
Brooke Rollins, president and CEO of America First Policy Institute (AFPI), speaks during a discussion hosted by AFPI and The Abraham Accords Peace Institute, in Washington D.C., on Monday, September 12, 2022. Tom Williams | Cq-roll Call, Inc. | Getty Images U.S. President-elect Donald Trump has chosen Brooke Rollins, president of the America First Policy […]
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