Travelers wait in line at the Delta Air Lines check-in area at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Airfare is surging as higher fuel prices and strong travel demand drive up the cost of […]
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CNN+ struggles to lure viewers in its early days, drawing fewer than 10,000 daily users
People walk by the world headquarters for the Cable News Network (CNN) on March 15, 2022 in Atlanta, Georgia. Anna Moneymaker | Getty Images Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, according to people familiar with the matter. The people spoke […]
Stocks making the biggest moves midday: Chipotle, PG&E, Marathon Oil and CarMax
A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares dipped more than 8% after reporting a beat on […]
CrowdStrike shares rise on Goldman Sachs upgrade
George Kavallines | CNBC Shares of cybersecurity firm CrowdStrike rose 5% Tuesday morning after Goldman Sachs upgraded the stock to buy and raised its price target to $285 per share from $241. The stock, down 26% from its 52-week closing high in November, has rerated lower over the past seven […]
Stocks rebound on hope inflation is peaking, Nasdaq adds 1%
Stocks rose Tuesday, boosted by data showing that so-called core inflation rose slightly less than expected last month. The Dow Jones Industrial Average gained 283 points, or 0.8%. The S&P 500 jumped 1%. The Nasdaq Composite climbed 1.5%, after falling more than 2% in the prior session as tech stocks […]
Concerned about inflation? Here’s why stock investors should stay the course, says Ritholtz COO
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters For stock investors pondering how to ride out the worst bout of inflation in four decades, don’t worry and stay the course, according to Nick Maggiulli, chief […]
Are you an impulse shopper? Try the 1% rule to keep your spending in check
This story is part of CNBC Make It’s One-Minute Money Hacks series, which provides easy, straightforward tips and tricks to help you understand your finances and take control of your money. Spontaneously buying something you hadn’t planned on purchasing can be both fun and emotionally gratifying. But that emotional rush […]
Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981
Prices that consumers pay for everyday items surged in March to their highest levels since the early days of the Reagan administration, according to Labor Department data released Tuesday. The consumer price index, which measures a wide-ranging basket of goods and services, jumped 8.5% from a year ago on an […]
Apple iPhone maker Pegatron suspends production in Shanghai because of Covid outbreak
An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Apple iPhone assembler Pegatron said it has has suspended production in Shanghai and Kunshan amid […]
Why White House Covid czar Dr. Jha says he’s ‘not overly concerned’ about rising BA.2 cases
Covid-19 cases are rising again in the Northeast, due in part to the omicron’s highly contagious BA.2 subvariant — but the White House’s new Covid czar isn’t too worried about it just yet. “I am not overly concerned right now,” Dr. Ashish Jha told NBC’s “Today” on Monday. Jha, the […]