Business
Saudi Arabian GP Qualifying: Sergio Perez beats Ferraris to pole, Lewis Hamilton 16th as Mick Schumacher, Nicholas Latifi crash
Pole position qualifier Sergio Perez of Mexico and Oracle Red Bull Racing celebrates in parc ferme during qualifying ahead of the F1 Grand Prix of Saudi Arabia at the Jeddah Corniche Circuit on March 26, 2022 in Jeddah, Saudi Arabia. Lars Baron | Getty Images Sergio Perez claimed pole position in a dramatic Saudi Arabian […]
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With Russian sanctions, small companies may be in for a big surprise
U.S. President Joe Biden speaks on developments in Ukraine and Russia, and announces sanctions against Russia, from the East Room of the White House February 22, 2022 in Washington, DC. Drew Angerer | Getty Images Over 400 multinational corporations have pulled out of Russia as a result of its invasion of Ukraine. It’s not only […]
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Companies are betting these employee benefits will help them in the ‘Great Reshuffle’
Paul Bradbury | OJO Images | Getty Images Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas such as remote work, flexible hours, four-day workweeks, compensation and more. This story is part of a series […]
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How to avoid a tax filing rejection if last year’s return is still pending
Drakula & Co. | Moment | Getty Images The IRS is backlogged and still sifting through tens of millions of pending returns, including many of last year’s filings. If your 2020 return is part of the pileup, there’s a special step for your 2021 electronic filing. The agency processed more than 61.9 million returns as […]
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Constellation Energy is a safe buy among nuclear energy stocks, Jim Cramer says
Constellation Energy is a safety pick among nuclear energy stocks whose time to shine on Wall Street has finally come, CNBC’s Jim Cramer said Friday. “When the [Federal Reserve’s] tightening aggressively, hedge funds love to hide in defensive stocks like the utilities. Constellation Energy, it’s the perfect mantra: It’s a real company with a real […]
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Jim Cramer says to buy FAANG stocks next time analysts say they’re not investable
Investors should buy FAANG stocks next time they plunge and analysts turn bearish, CNBC’s Jim Cramer said Friday. When analysts come out in droves to claim FAANG stocks are uninvestable, “that’ll be the perfect moment to do some buying,” he said. FAANG is Cramer’s acronym for Facebook-parent Meta, Amazon, Apple, Netflix and Google-parent Alphabet. Cramer […]
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Cramer’s week ahead: Tight March labor report could lead Fed to a 50-basis point rate hike
CNBC’s Jim Cramer on Friday warned that a 50-basis point rate hike could be coming if the March labor report set to be released next Friday reveals a tighter-than-ever job market. “I fear that it will show the tightest labor market in 50 years. … If Fed Chief Jay Powell doesn’t catch a break when […]
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Cramer’s lightning round: I like Bank of America
Bank of America Corp: “It’s one of these companies that is not expensive with very good management that I want to own.” Alcoa Corp: “This thing is up in a straight line. … That’s an unusual parabolic move for that company.” Archer Aviation Inc: “I’m not going to go there. … Losing money is what […]
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There’s momentum to change the NFL’s overtime rule as owners prepare for annual meetings
Buffalo Bills quarterback Josh Allen (17) runs the ball during the AFC Divisional Round playoff game against the Kansas City Chiefs on January 23rd, 2022 at Arrowhead Stadium in Kansas City, Missouri. William Purnell | Icon Sportswire | Getty Images NFL owners are prepping for another round of debates about the league’s overtime rules, which […]
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Even discount airfares are on the rise thanks to higher fuel costs and strong demand, Frontier CEO says
Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what travelers are paying for tickets as well as add-ons like baggage fees are the highest in the pandemic. “Even with the high fuel prices we believe we can […]
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