CNBC’s Jim Cramer on Monday analyzed the five worst-performing stocks on the Dow Jones Industrial Average during the first quarter, saying which ones he thinks may be worth keeping an eye on. “Normally I don’t believe in the concept of a stock pivoting in such a short period of time — three months does not … Read more
Chipotle and Walmart have been among the movers in the universe of big U.S. corporations when it comes to raising pay and offering debt-free college tuition assistance to large, low-wage workforces. Now, they’re sharing another tactic the companies say will have a long-term payoff for employees: publicly traded stock splits. In a rapidly rising stock … Read more
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying that they have to go back to zero, but they have to be more aggressive,” the … Read more
Lynn Curry, nurse practitioner for Huntsville Reproductive Medicine, P.C., lifts frozen embryos out of IVF cryopreservation dewar, in Madison, Alabama, U.S., March 4, 2024. Roselle Chen | Reuters As legal battles over reproductive rights increase across the U.S., one area that could be impacted is egg freezing. In February, the Alabama state Supreme Court ruled … Read more
An employee stands by a logo for Glencore Agriculture in Glencore Plc’s offices in Rotterdam, Netherlands. Bloomberg | Bloomberg | Getty Images Company: Glencore PLC (GLEN-GB) Business: Switzerland-based Glencore PLC produces and markets a diverse range of metals and minerals, including copper, cobalt and zinc. It also markets aluminum/alumina and iron ore from third parties. … Read more
It was a great first quarter of the year for stocks. The S & P 500 jumped 10.16% over the first three months and notched a series of all-time highs, including in Thursday’s session. It marked the index’s best first quarter in half a decade. The Dow Jones Industrial Average and Nasdaq also had strong … Read more
Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company also attributed the profit gains to revenue growth of … Read more
CNBC’s Jim Cramer on Thursday guided investors through next week’s Wall Street action, saying to pay attention to new nonfarm payroll data and Walt Disney’s annual shareholder meeting, where its long and arduous proxy fight will come to a head. “In my view, the market’s now well-prepared for a hot employment number, so if the labor … Read more
As Tiffany Mane read a personal finance book during her train ride to work, a woman sitting near her acknowledged that she, too, knew of the author. Shortly after, several bystanders began inquiring into its contents. Mane was reading “Financial Feminist” by Tori Dunlap. The late-2022 release is one piece of the Her First $100K … Read more
Martin Puddy | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The wealth of the top 1% hit a record $44.6 trillion at the end of the … Read more
