The Bank of England raised its key interest rate for the first time since 2018, despite the new variant of coronavirus Omicron posing downside risks to economic activity. The Monetary Policy decided to lift its key rate by 0.15 percentage points to 0.25 percent from a record low of 0.10 […]
Health-care workers across the country are preparing for or already tackling a wave of new Covid-19 cases as a result of the fast-spreading omicron variant. The strain's ability to infect vaccinated people threatens to add to workforce troubles, even if symptoms are mild. Health-care workers have also reported high levels […]
Stocks have moved moderately lower in morning trading on Wednesday, extending the sharp pullback seen over the two previous sessions. The major averages have all moved to the downside, further offsetting the strong gains posted last week. Currently, the major averages are off their lows of the young session but […]
Amid the recent uptick in Covid cases, the $100 billion dollar conferences and events industry in the U.S. is on edge. Attendance levels for major shows such as CES in Las Vegas will likely depend upon corporate travel policies and venues' health and safety protocols. The National Retail Federation said […]
(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.) What I am looking at December 22, 2021 Does Biden have 500 million tests? Where did they come from? What manufacturer? Barclays goes $185 to […]
Despite inflation concerns and ongoing production bottlenecks, the National Association of Home Builders released a report on Wednesday showing a modest improvement in U.S. homebuilder confidence in the month of December. The report said the NAHB/Wells Fargo Housing Market Index inched up to 84 in December from 83 in November, […]
Micron Technology's quarterly results after Monday's close helped boost sentiment Tuesday, CNBC's Jim Cramer said. "Because Micron's in everything, the positive pin-action lifted a ton of stocks," the "Mad Money" host said. It helped tech giants such as Amazon and Microsoft, as well as automakers like Ford, Cramer said. In […]
The majority of U.S. students report they've had sex before graduation, which means the type of sex education they receive can be a big deal, for themselves personally and for the economy. "[There's an] absurd and huge burden we put on sex ed that we don't put on other subjects," […]
‘For someone who wants to invest for the future or his family, diversification is necessary.’‘Diversify across asset classes — equities, gold, real estate, fixed income, commodities, and even cryptocurrency.’ As the world prepares to welcome 2022, Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, tells Puneet […]
Maryland & Virginia Milk Producers Cooperative Association or MDVA is recalling one lot of Howling Cow Butter Almond Ice Cream Pints citing undeclared soy and wheat, the U.S. Food and Drug Administration said. MDVA produced 8,040 pints of the Howling Cow Butter Almond Ice Cream on September 15 and began […]
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