Tony Spring speaks at an event unveiling the Macy’s new women’s apparel brand, On 34th, in July. Spring is former CEO of Bloomingdale’s and begins as Macy’s CEO in February 2024, succeeding longtime Macy’s CEO Jeff Gennette, right. Melissa Repko | CNBC Inside its headquarters in New York City’s Herald […]
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Biden nets landslide victory in South Carolina Democratic primary, over 95% of votes
U.S. President Joe Biden reacts as he attends the opening of the Biden for President campaign office in Wilmington, Delaware, U.S., February 3, 2024. Joshua Roberts | Reuters President Joe Biden won a landslide victory in South Carolina’s Democratic primary Saturday, where voters sent a clear message that they are […]
Nikki Haley makes surprise ‘Saturday Night Live’ cameo asking ‘Trump’ questions
Republican presidential candidate former U.N. Ambassador Nikki Haley delivers remarks at her primary night rally at the Grappone Conference Center on January 23, 2024 in Concord, New Hampshire. Joe Raedle | Getty Images Nikki Haley made a surprise — and funny — appearance on “Saturday Night Live,” where she asked […]
President Joe Biden wins South Carolina Democratic Primary, NBC News projects
U.S. President Joe Biden delivers remarks on the U.S. economy and his administration’s effort to revive American manufacturing, during his visit in Flex LTD, a factory that makes solar energy microinverters, in West Columbia, South Carolina, July 6, 2023. Jonathan Ernst | Reuters President Joe Biden has won the South […]
House Speaker Johnson announces ‘standalone’ Israel funding package
Speaker of the House Mike Johnson (R-LA) holds a news conference following a caucus meeting at the U.S. Capitol Visitors Center on January 30, 2024 in Washington, DC. Chip Somodevilla | Getty Images House Speaker Mike Johnson, R-La., on Saturday announced an Israel-only funding package to be voted on next […]
Wall Street sees more upside for these 5 portfolio stocks — all tech except for 1 retailer
It was another upbeat week for stocks as back-to-back gains on Thursday and Friday more than made up for Wednesday’s Federal Reserve-driven selloff . Wall Street analysts had a lot to say about our portfolio names as Big Tech earnings dominated the action. Here are five big calls of the […]
What Walmart’s new focus on employee stock means for the labor market and average American household
Friday’s huge jobs number showed that the labor market remains highly competitive, with wage increases outpacing expectations, and the retail industry third among those with net job gains. It’s no surprise then that the biggest retailer, Walmart, is increasing its efforts to attract and retain workers. But what’s interesting is […]
These ETFs could help investors reduce Big Tech exposure
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful of stocks within the broader ETFs that they have available that [are] tied to the S&P 500 or even the […]
8 more of our stocks report earnings next week. Here’s what we want to see
The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. The Dow Jones Industrial Average and the Nasdaq Composite rose about 1% for the week, while the S & P […]
Self-made millionaire: If you love it, buy the Stanley cup—it’s ‘not the reason you’re financially struggling’
There have been plenty of trends in the last decade-plus that have experts and internet trolls alike shaming the way people—especially millennials—spend their money. Whether it’s $5 lattes or over-the-top weddings, social media has made it easier than ever to see what people all across the world are buying and, […]