McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has dominated corporate America’s discourse over the past three years following the pandemic-induced easing of monetary policy and trillions of dollars in … Read more
Procter & Gamble shares were down sharply early in Friday’s session after the consumer products giant reported a mixed quarter. We viewed the action as a bit of profit-taking — and not a reflection of the results. The stock entered the session on a four-day winning streak while the broader market declined. Late Friday, as … Read more
CNBC’s Jim Cramer on Friday told investors to gear up for a “fast and furious” slew of earnings reports next week that could lead to some profit-taking, including Procter & Gamble, Tesla and Lockheed Martin. This week brought solid gains for the major indexes — with the S&P 500 closing on Friday at an all-time … Read more
My top 10 things to watch Tuesday, Jan. 2 1. The S & P 500 finished 2023 with nine straight up weeks, its best winning streak since 2004. Up 24% for the year. We’re kicking off the new year by trimming 8 stocks that had huge runs last year. Bulls make money, bears make money, … Read more
