Étiquette : business news

  • Thinking about buying a car? Here’s what experts say you need to know

    Thinking about buying a car?  Here’s what experts say you need to know

    A customer is shown a 2022 Toyota Prius at Longo Toyota in El Monte, CA on Wednesday, March 23, 2022. Medianews Group | Orange County Register via Getty Images People spend a lot of money on their cars and trucks. In fact, about 16% of the average American’s total budget goes to transportation, including vehicle […]

  • Own stocks that are cheap on a price to earnings basis

    Own stocks that are cheap on a price to earnings basis

    CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. « In this environment, you need to own companies that make stuff and do things profitably, but let’s add, also, with stocks that remain cheap on a price to […]

  • Big banks’ earnings and a hot inflation report could sway markets in short holiday week

    Big banks’ earnings and a hot inflation report could sway markets in short holiday week

    A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and […]

  • Here’s a look at inflation-fighting pros, cons of Fed raising rates

    Here’s a look at inflation-fighting pros, cons of Fed raising rates

    A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982. Joe Raedle | Getty Images The view that higher interest rates help stamp out inflation is essentially […]

  • Peter Thiel’s ‘sociopaths’ know something he doesn’t

    Peter Thiel’s ‘sociopaths’ know something he doesn’t

    Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. Gerry Miller | CNBC My first experience with one of the men Peter Thiel called a « sociopathic grandpa from Omaha » was in the early 1990s. Joe Kernen and I were winding up a « stocks to watch » segment and discussing Berkshire Hathaway’s earnings. […]

  • Tesla, Block, Blockstream to mine bitcoin off solar power in Texas

    Tesla, Block, Blockstream to mine bitcoin off solar power in Texas

    Solar panels are seen in this drone photo at the Impact solar facility in Deport, Texas, July 15, 2021. UAV Base | Reuters MIAMI — Blockstream and Jack Dorsey’s Block, formerly Square, are breaking ground on a solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology from Tesla. Tesla’s 3.8 megawatt […]

  • Apple to stream MLB games on Apple TV Plus for the first time

    Apple to stream MLB games on Apple TV Plus for the first time

    Max Scherzer #21 of the New York Mets delivers a pitch in the third inning against the Miami Marlins in the Spring Training game at Roger Dean Stadium on March 21, 2022 in Jupiter, Florida. Mark Brown | Getty Images Starting Friday, Apple TV+ will stream a doubleheader of MLB games each week. For the […]

  • As inflation bites, higher-income consumers are cutting back, too

    As inflation bites, higher-income consumers are cutting back, too

    Miami, Florida, Brickell City Center shopping mall with Apple Store, Chanel and escalators. Jeff Greenberg | Universal Images Group | Getty Images With as much as 60% of US consumers living paycheck to paycheck, it’s not a surprise to see that the spending cutbacks have started. Even with a strong job market and wage gains, […]

  • 5 things to know before the stock market opens Friday, April 8

    5 things to know before the stock market opens Friday, April 8

    Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures lose steam as 10-year Treasury yield hits a three-year high Traders on the floor of the NYSE, April 7, 2022. Source: NYSE Wall Street was set for a mixed open Friday. US stock futures lost […]

  • Elon Musk says Tesla is aiming to start Optimus production next year

    Elon Musk says Tesla is aiming to start Optimus production next year

    The Tesla Bot is on display at the Tesla Giga Texas manufacturing facility during the « Cyber ​​Rodeo » grand opening party on April 7, 2022 in Austin, Texas. Suzanne Cordeiro | AFP | Getty Images Tesla may start production of a humanoid robot known as Optimus as early as next year, CEO Elon Musk said Thursday. […]