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Category Archives: Uncategorized

GM reclaims title as America’s top automaker after a 2.5% jump in sales last year

GM said Wednesday it sold 2.27 million vehicles in the U.S. in 2022, up by 2.5% for the year.

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Wolfe Research downgrades Goldman Sachs, sees greater upside in other banks such as Wells Fargo

There’s “less compelling” upside for Goldman Sachs in 2023, according to Wolfe Research.

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5 things to know before the stock market opens Wednesday

Here are the most important news items that investors need to start their trading day.

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Wells Fargo downgrades Target, says headwinds are mounting for the retailer

Analyst Edward Kelly downgraded shares to equal weight from overweight as consumers will have to make tougher choices in 2023.

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Europe starts 2023 with historic winter heatwave; snow shortage forces ski resorts to close

Meteorologists and climatologists expressed alarm over the unseasonably warm winter weather.

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Mortgage demand plunges 13.2% to end 2022, as interest rates head higher again

Mortgage application volume was down 13.2% at the end of last week from two weeks earlier as interest rates rose again.

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Manhattan apartment sales plunge in fourth quarter as brokers fear a frozen market

Manhattan real estate brokers are concerned both buyers and sellers are staying on the sidelines.

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Jim Cramer predicts these 10 Dow stocks will perform well in 2023

Cramer gave his predictions for which stocks in the Dow Jones Industrial Average will perform well in 2023.

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Charts suggest oil, natural gas and wheat could be due for a ‘boom,’ Jim Cramer says

Cramer told investors that oil, wheat and natural gas could be poised for a comeback.

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Jim Cramer warns that negative forces are still pulling down the economy in the new year

“The fundamentals are what matters and, sadly, we have not turned the page on this economy – just the calendar,” he said.

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