U.S. President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel Cardona (R) listens in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022 in Washington, DC. Alex Wong | Getty Images How Plan A, Plan B student loan forgiveness compares Nearly 40 million Americans would have … Read more
When Ricardo Schmitz’s brother was visiting him in Vilnius, Lithuania, the pair went for a wintertime walk at midnight — something he said they would never do back home in Brazil. “My brother hadn’t seen snow since he was a kid, so he was super excited. We walked from midnight to 3 a.m.,” Schmitz … Read more
CNBC’s Jim Cramer on Tuesday shared his market predictions for 2024, but also warned that the first days of the new year often don’t say much about the future. He suggested that Wall Street may now be seeing a “sector rotation“ as some investors doubt that the Magnificent Seven tech stocks will continue their runs, … Read more
CUPERTINO, CALIFORNIA – SEPTEMBER 12: The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2023 in Cupertino, California. Apple revealed its lineup of the latest iPhone 15 versions as well as other product upgrades during the event. (Photo by Justin Sullivan/Getty Images) … Read more
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks to expectations for multiple interest rate cuts this year, Eisman believes there’s little tolerance for things going wrong. “Long term, … Read more
A worker tying copper wire rods before loading them onto a truck in Huai’an, Jiangsu Province of China. Vcg | Visual China Group | Getty Images Copper prices are set to soar more than 75% over the next two years amid mining supply disruptions and higher demand for the metal, fueled by the push for … Read more
CNBC’s Jim Cramer on Tuesday broke down the five best and worst performers on the Dow Jones Industrial Average during 2023. Cramer compared each Dow company’s closing price in 2022 to the end of 2023, noting the most significant winners and losers. Many tech-related stocks saw significant full-year gains, while some stocks with the greatest … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on January 02, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more
The list of most-loved Club stocks on Wall Street entering the new year resembles the list of 2023 winners, except for two stocks: Constellation Brands and Disney . The Mexican beer importer and media-and-entertainment giant are among the 11 Club holdings with buy-equivalent ratings from at least 75% of the analysts who cover them, according … Read more
A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. (Photo by Fareed Kotb/Anadolu via Getty Images) Anadolu | Getty Images The threat to global trade in the Red Sea remains high, even with efforts to protect commercial vessels from attacks by Iranian-backed Houthi … Read more
