Business
Jim Cramer says the economy could be cooling enough for the Fed to dial back its inflation battle
CNBC’s Jim Cramer on Tuesday said that recent economic data shows the Federal Reserve could start taking a softer approach to inflation. “This rampant inflation may not be as malignant as the hawks seem to believe, and that means the Fed might ratchet down the next” interest rate increase, he said. In September the Fed […]
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3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
Three Club holdings — Ford (F), Disney (DIS) and Starbucks (SBUX) — were in the news Tuesday. Here’s our take on the headlines. The news: Ford announced a year-over-year sales decline of 8.9% in September. But with numbers from the final month of the third quarter in, the company’s sales on a quarterly basis rose […]
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Spacecraft builder York sells stake to private equity firm AEI at over $1 billion valuation
One of the company’s spacecraft in orbit. York Space Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.125 billion, CNBC has learned. The deal, announced on Tuesday, makes York the latest space unicorn — a company valued at […]
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The CNBC FA 100 ranking recognizes advisory firms that help clients navigate their financial lives
Marko Geber | DigitalVision | Getty Images In times of uncertainty — turbulent markets, high inflation, geopolitical turmoil — we often write about what financial advisors are recommending to clients. This advice often boils down to “stay calm” and “don’t let short-term news lead to impulsive moves that have long-term consequences.” Many advisors also offer […]
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FA 100: CNBC ranks the top-rated financial advisory firms of 2022
Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. Every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial advisor will […]
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Here’s how we determine the FA 100 ranking for 2022
Peopleimages | Istock | Getty Images CNBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year’s FA 100 list. The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions’ proprietary database of registered investment advisors. This analysis started with an initial list […]
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Wendy’s drive-thru lanes struggle, while Chick-fil-A has the fastest service, report says
A worker hands a customer their order in the drive-through of a Wendy’s fast food restaurant in Pinole, California, on Wednesday, May 25, 2022. David Paul Morris | Bloomberg | Getty Images Wendy’s is often credited with pioneering drive-thru ordering, but the burger chain’s drive-thru accuracy and customer satisfaction scores lagged behind its rivals this […]
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Goldman analysts predict these stocks have the most to gain, including 4 that will double
As Wall Street rebounds to start a new quarter, Goldman Sachs analysts searched for stocks that have the most to gain from here. The Dow Jones Industrial Average kicked off October with its best day since June after jumping more than 700 points on Monday. The S & P 500 advanced about 2.6%, while the […]
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Stocks making the biggest moves midday: Twitter, Poshmark, Rivian and more
Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Twitter – Shares of Twitter surged nearly 13% after a report that Elon Musk plans to […]
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NBCUniversal CEO Jeff Shell says movie business is ‘better economically’ with new release model
CEO of NBC Jeff Shell arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. After a year hiatus due to the COVID-19 pandemic the world’s most wealthy and powerful businesspeople from the media, finance, and technology will converge at the Sun Valley Resort for the exclusive week-long […]
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