Breaking News: Investing
Stock futures are little changed as Wall Street gears up for key economic data and the kickoff of earnings season: Live updates
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty Images Stock futures were little changed on Sunday as investors look toward a data-heavy week, which includes the December report on U.S. inflation […]
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Trump Treasury pick Bessent to divest assets to avoid conflicts
Scott Bessent, who U.S. President-elect Donald Trump has nominated to lead the U.S. Treasury Department, walks towards the New York Stock Exchange (NYSE), on the day U.S. President-elect Donald Trump will ring the opening bell at NYSE to celebrate being named Time magazine’s ‘Person of the Year’, in New York City, New York, U.S., December […]
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Bitcoin soared in 2024. How much — if any — should you own?
A bitcoin ATM in Miami. Joe Raedle | Getty Images News | Getty Images Bitcoin prices soared in 2024. But you may want to tread with caution before euphoria leads you on a hasty buying spree. Bitcoin and other crypto should generally account for just a sliver of investor portfolios — generally no more than […]
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Bank of America’s best ideas for January include Amazon and these names
There is a bunch of stocks that are well positioned for upside in 2025, according to Bank of America. The firm said that companies like Amazon are just too attractive to ignore right now. CNBC Pro combed through Bank of America research to find buy-rated stocks to own in January and beyond. In addition to […]
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Inflation data will be of paramount importance in the week ahead, with earnings kicking off
With investor confidence in the Federal Reserve’s interest rate path fast dwindling, the inflation data next week will be of paramount importance for a flagging market. The earnings season is also starting to ramp up once more. Stocks posted a second straight losing week, after this week’s strong economic data added to fears that the […]
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It’s ‘Dry January.’ Here’s how much you can save by not drinking for a month
Ryanjlane | E+ | Getty Images The start of a new year is the most popular time to make a resolution or two. For many, those include giving up alcohol for the first 31 days. This year, 22% of adults are participating in Dry January, five percentage points higher than in previous years, according to a […]
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Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
In this aerial view taken from a helicopter, the Kenneth fire (below) approaches homes while the back side of the Palisade fire (above) continues to burn Los Angeles county, California on January 9, 2025. Josh Edelson | Afp | Getty Images Insurers exposed to the California homeowners’ market sold off sharply Friday as the devastation […]
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Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’
Ed Bastian, CEO of Delta Airlines, speaking on CNBC’s Power Lunch on Dec. 17th, 2024. Adam Jeffery | CNBC Delta Air Lines‘ first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier’s best ever. Delta said it […]
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Quantum stocks like Rigetti plunge after Nvidia’s Huang says the computers are 15 to 30 years away
Nvidia CEO Jensen Huang speaks during the launch of the supercomputer Gefion at Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are many years away. “If you said 15 years […]
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Trump could declare national economic emergency to justify universal tariffs, CNN reports
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | Reuters President-elect Donald Trump is contemplating calling a national economic emergency to implement his wide-reaching tariff policies, four sources familiar with the matter told CNN. A declaration of this nature will give Trump power to create […]
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