Markets
Fed’s Patrick Harker says he thinks the U.S. can avoid a recession, even amid troubling signs
Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn’t think the U.S. is heading for recession. That view, expressed in a CNBC interview, comes in the face of a looming inversion of the 10- and 2-year Treasury yields […]
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Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a practice he engaged in that led to one of the most colorful battles in Wall Street history. “Despite our limited participation in […]
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A stock-buying strategy to beat inflation and generate income
Stocks with rising dividends can provide consistent and growing income in an inflationary environment. Source
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Sen. Elizabeth Warren lauds Biden billionaires’ tax, calls for even more CEO pay changes
U.S. Senator Elizabeth Warren (D-MA) questions Treasury Undersecretary For Domestic Finance Nellie Liang as she testifies before the Senate Banking Committee, in Washington, D.C, February 15, 2022. Win McNamee | Pool | Reuters Sen. Elizabeth Warren on Tuesday praised the Biden administration’s renewed effort to introduce a new tax on the country’s wealthiest households, calling […]
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Investing Club: Cramer says Disney is a buy — and he’s got an idea to attract more retail investors to the stock
Disney’s booming theme park business may draw more attention from Wall Street in the coming months, according to CNBC’s Jim Cramer. Source
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Rent the Runway could get a big bump from 2022 ‘wedding boom,’ Jefferies says
A rebound in social events like weddings would help the apparel retailer, which saw the pandemic dampen consumer demand for designer wear. Source
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Apple shares on pace for best daily winning streak since 2003
CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on March 27, 2022. Patrick T. Fallon | AFP | Getty Images Apple shares rose on Tuesday, putting them on track to close higher for […]
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Stocks making the biggest moves midday: GameStop, Uber, Nielsen Holdings and more
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer dropped 6% on huge trading volume. More than 8 million shares […]
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Aircraft leasing giant casts doubt on renting to Russian airlines again after Putin seizes planes
An Airbus A321-211 aircraft of Russian airline Aeroflot with registration VP-BOE is pictured on a long term parking at Cointrin airport in Geneva, Switzerland, March 9, 2022. Denis Balibouse | Reuters The CEO of major aircraft-leasing company Avolon on Tuesday accused Russia of “robbery” after President Vladimir Putin’s government seized several leased planes. The ordeal […]
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Meme stocks GameStop and AMC tumble Tuesday on heavy trading volume
A GameStop location in New York, Dec. 23, 2021. Scott Mlyn | CNBC Meme stocks tumbled on Tuesday with huge trading activity in the shares. GameStop dropped more than 9% with more than 6 million shares traded through 10:15 a.m. ET, already more than its 30-day average full-day volume of 4.6 million. AMC Entertainment shares […]
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