In this article F STLAM-IT GM Follow your favorite stocksCREATE FREE ACCOUNT Striking members of the United Auto Workers (UAW) picket outside the GM’s Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. Evelyn Hockstein | Reuters DETROIT – Tensions are rising and accusations are flying between the Detroit automakers and
Month: September 2023
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT A shopper leaves a Nike store along the Magnificent Mile shopping district with a purchase in Chicago, Dec. 21, 2022. Scott Olson | Getty Images Nike reported revenue Thursday that fell short of Wall Street’s sales expectations for the first time in two years, but
This photo taken on September 24, 2023, shows residential buildings in Chongqing, in southwest China. Stringer | Afp | Getty Images BEIJING — The last three months of the year are set to bring more clarity on China’s economic outlook and any government support — especially for the critical real estate sector. China’s rebound this
In this article NVDA MSFT META Follow your favorite stocksCREATE FREE ACCOUNT Brad Gerstner, Altimeter Founder & CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology could
Customers browse in a used car lot on Feb. 15, 2023 in Glendale, California. Mario Tama | Getty Images News | Getty Images As recently as 2019, used car shoppers could find a 3-year-old vehicle for about $23,000. That’s less likely today — in terms of both age and price. Pandemic-era manufacturing issues have since
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT GameStop Chairman Ryan Cohen. Source: CNBC GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive. Shares of the company jumped nearly 10% in premarket trading following the announcement. GameStop said Cohen wouldn’t receive any
In this article JEF DUOL MU PTON KMX CSA-FF Follow your favorite stocksCREATE FREE ACCOUNT The Trimble logo is displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Trimble — The technology services provider jumped about 6.4% on Thursday on the
Martin Barraud | Caiaimage | Getty Images PHOENIX — Retirement security is a concern for many older Americans and outliving savings is often their biggest fear. To that point, some 58% of savers and retirees worry about running out of money, according to recent research from Cerulli Associates. But “retirement spending is not pass-fail,” said
A recession is all but inevitable for the U.S. and investors should be playing defense in that kind of environment, according to the head of the TCW Group. “We are going to have a recession, because that’s the way the world works,” Katie Koch, CEO of the firm with $210 billion under management, said Thursday
Twenty/20 For many Americans, October is a time for seasonal decorating and pumpkin spice lattes. This year, it also marks the resumption of student loan payments at a point when U.S. households are already struggling to make ends meet amid high inflation and higher interest rates. And yet, just as millions of borrowers face their
Ryan Ratliff (L), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (R) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida. Joe Raedle | Getty Images News | Getty Images Mortgage interest rates just hit a level not seen since the year 2000. As a result,
In this article LULU PTON Follow your favorite stocksCREATE FREE ACCOUNT Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California. Ezra Shaw | Getty Images Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to Lululemon’s exercise app. Lululemon
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