In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, reveals the 2021 Dodge Durango SRT Hellcat SUV during an online event on July 2, 2020. Screenshot DETROIT – Stellantis‘ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year
Month: May 2024
The bulls got what they wanted this week: cooler inflation data and record highs. The Dow Jones Industrial Average on Friday closed above 40,000 for the first time, capping off a 1.24% advance for the week. The S & P 500 and Nasdaq Composite , meanwhile, closed at all-time highs Wednesday, fueled by cooler-than-expected inflation
In this article ETH.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week. But it will likely fail due to a lack of an over-arching regulatory framework for all cryptocurrencies, according to Ric Edelman, head of the
Wagnerokasaki | E+ | Getty Images When the U.S. Department of Education released the new interest rates on federal student loans Tuesday, there was some unpleasant news for parents. So called Direct PLUS loans for parents will come with a 9.08% interest rate for the 2024-2025 academic year. That is the highest rate for parents in more than 30
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty Images Media giants relied on sports last year when they had to woo advertisers
All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another bad news is good news week for Wall Street, with both weaker-than-expected reports pointing to further disinflation — which is key to any hopes of the Federal Reserve cutting interest rates in
Former President Donald Trump speaks during a campaign rally in Wildwood Beach on May 11, 2024 in Wildwood, New Jersey. Michael M. Santiago | Getty Images News | Getty Images Most Americans have paid lower income taxes since 2018 — and trillions in tax breaks will sunset next year without action from Congress. Enacted by
In this article ULCC Follow your favorite stocksCREATE FREE ACCOUNT A Frontier Airlines plane lands at the McCarran International Airport in Las Vegas on Feb. 27, 2020. Elizabeth Page Brumley | Tribune News Service | Getty Images Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from
15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Karl-Josef Hildenbrand | Picture Alliance | Getty Images Shares in German technology giant Siemens fell by over 5% on Thursday after the company posted a decline in earnings in the fiscal second quarter and said its automation division had
In this article .DJI Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. The 30-stock benchmark broke above 40,000 for the first time. The move comes as investors
JGI/Tom Grill May 17 is your last chance to file 2020 returns and claim your refund, which could include missed pandemic relief, experts say. As of May 6, there was still an estimated $1 billion in unclaimed refunds from tax year 2020, and the median payment was $932, according to the IRS. There is no
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. U.S. stocks were flat on Friday, a session after the Dow hit above the 40,000 mark for the first time. The Nasdaq Composite and S & P 500 also notched
In this article HBI DRI WMT Follow your favorite stocksCREATE FREE ACCOUNT Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns they’ll be hard to keep. “The Walmart experience is better than it used
A 1960 Ferrari 400 Superamerica SWB Cabriolet by Pinin Farina, available via Sotheby’s Private Sales. Courtesy: RM Sotheby’s 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 rich have taken “quiet
A voter casts her ballot in the Pennsylvania primary elections at the Rockledge Fire Company in Rockledge, Pennsylvania, May 17, 2022. Hannah Beier | Reuters Older women are the largest bloc of swing voters — and the biggest concern they have heading into the November election is their financial security, according to the AARP. Most
A major expense of many retirees and pre-retirees has been increasing rapidly, but it isn’t included in the Consumer Price Index and doesn’t affect reported inflation. You’re probably aware of how auto insurance premiums increased rapidly the last few years. That substantially increased the cost of owning and operating vehicles and contributed to a higher
In this article SPR BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, on June 22, 2023. Benoit Tessier | Reuters Aerospace supplier Spirit AeroSystems on Thursday said it
In this article BT.A-GB Follow your favorite stocksCREATE FREE ACCOUNT A BT Group Plc logo on a EE/BT Group Plc store in London, UK, on Wednesday, May 17, 2023. Hollie Adams | Bloomberg | Getty Images LONDON — Shares of BT Group surged Thursday after the company announced a target of a further £3 billion
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust. Retail sales rose by 2.3% in April from a year ago, the
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