It has not been a good year for the S & P 500 . The U.S. benchmark has lost 25% of its value so far this year, putting it firmly in bear market territory. And it could still fall by “another easy 20%” from current levels, JPMorgan Chase CEO Jamie Dimon predicted on Monday . […]
Inflation was a bit hotter than expected in September, with monthly gains fueled primarily by housing, food and medical care, the U.S. Bureau of Labor Statistics said Thursday. Inflation measures how quickly the prices consumers pay for a broad range of goods and services are rising. The consumer price index, a key inflation barometer, jumped […]
What I am looking at Thursday, Oct. 13, 2022 The Investing Club’s October “Monthly Meeting” livestream for members is at noon ET. Find the link 15 minutes ahead of time at the top of the CNBC homepage. Too late to sell, or not? We’ll explore that question and look ahead to the rest of the […]
A general view of a Total Oil refinery in Antwerp, Belgium on 21 April 2020. Jonathan Raa | Nurphoto | Getty Images Saudi Arabia rejected as “not based on facts” statements criticizing the kingdom after an OPEC+ decision last week to cut its oil production target despite U.S. objections. The OPEC+ decision was unanimous and took into account […]
Mahathir Mohammad, the former Prime Minister of Malaysia, during a press conference in Putrajaya, Malaysia on August 4, 2022. Syaiful Redzuan | Anadolu Agency | Getty Images Malaysia budget 2023 The dissolution comes after the government handed down its 2023 budget on Friday. While leaner than last year, it is one of the country’s biggest […]
It’s Taiwan Semiconductor Manufacturing Company and Samsung’s turn to fall apart as Chinese semiconductor ban deepens. Original news source Credit: www.cnbc.com
Chipotle is focusing on speedily serving a customer base it’s growing through game-like rewards and TikTok engagement. That’s good news for shareholders, according to Bernstein. Analyst Danilo Gargiulo began research coverage of the Mexican grill chain with an outperform rating and a price target of $2,000, implying an upside of 35%. He said the chain […]
Wall Street littered with downgrades of key names, though stocks were higher in the premarket. Original news source Credit: www.cnbc.com
