The FTSE 100 has hit three all-time highs over the last week, despite continued gloom on the U.K. economy and amid a cost-of-living crisis.
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CNBC Daily Open: U.S. stocks drop and Treasury yields widen their inversion as the economy gives conflicting signals
U.S. stocks drop as Treasury yields widen their inversion. The U.S. economy gives conflicting signals.
Continue readingAdidas shares tank after it issues warning over unsold Yeezy stock
Adidas shares plummeted after the company said it could lose around 1.2 billion euros ($1.3 billion) in revenue in 2023 if it is unable to […]
Continue readingJim Cramer says Disney stock has more upside thanks to Bob Iger’s turnaround plan
Jim Cramer gave his take on Disney after CEO Bob Iger unveiled a restructuring and cost-cutting plan for the company.
Continue readingJim Cramer says price stability is right around the corner
“Maybe [Fed Chair] Jay Powell’s made more progress fighting inflation than [his] colleagues want to believe,” except for this spending area, he said.
Continue readingJeep reveals its most expensive Wrangler SUV ever, topping $115,000
The limited-edition vehicle is the 2023 Wrangler Rubicon 392 20th Anniversary with heavy-duty off-road parts customization from American Expedition Vehicles.
Continue readingLuxury brands diverge: Tapestry stock rises while Capri slides after earnings
Kate Spade owner Tapestry beat analyst expectations Thursday and raised its annual profit forecast, a day after Capri’s disappointing third quarter earnings.
Continue readingWhat do Chinese travelers want? Luxury ‘star-rated’ hotels, says new survey
Consumers in China plan to pay up when it comes to hotels, a Morgan Stanley survey found in late January.
Continue readingCramer’s lightning round: EMCOR Group is my kind of stock
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Continue readingSpaceX successfully test fires Starship booster in last key step before orbital launch
SpaceX on Thursday test fired 31 of the 33 engines in the towering rocket booster of its Starship prototype.
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