Author: Daniel snow
Why not just say what we mean? Source link
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: The S & P 500 is nicely higher on Thursday, overcoming the market’s soft open. Stocks are shrugging off concerns about tariffs on copper imports and President Donald Trump’s plan to impose a 50% tariff on Brazil beginning Aug. 1. The Nasdaq is underperforming in the session, dragged down by weakness in technology — especially software and cybersecurity stocks — as well as communication services, with Netflix and Meta…
Goldman Sachs’s Christine Cho upgrades fast-food giant to buy from neutral, with a $345 price target, citing success of value meals. Source link
Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting on June 18, 2025 in Washington, DC.Win Mcnamee | Getty ImagesPresident Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had misled Congress about a pricey renovation of the central bank’s headquarters.The broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against Powell.Trump has repeatedly called on the Fed chairman to cut interest rates, without success.”While continuing to run a…
Home prices could creep up in high-tax areas as more home buyers seek to benefit from the SALT deduction. Source link
The next major U.S. inflation report is set to arrive on Tuesday in the form of the consumer-price index for June, and will inform investors as to whether President Donald Trump’s tariff wars with other countries have had a sizable impact on inflation. Source link
A hot new bombshell has entered the villa: “Love Island USA” watch parties are shaking up bar scenes across the country.For those unfamiliar: The reality dating series, now in its seventh season for U.S. contestants, follows a group of 20-something singles in a villa in Fiji and is filmed in nearly real-time over six weeks. The show drops six new episodes on Peacock each week, including a recap episode on Saturdays.It’s a time-consuming show to keep up with, but savvy businesses are making the most of the phenomenon by hosting watch parties for eager fans.The crowds at The Palm &…
Avoiding the innovator’s dilemma feels counter-intuitive but can reframe growth strategies. Source link
The stock market’s rally since June hinged on only a handful of familiar technology names Source link
Omar Marques | Lightrocket | Getty ImagesMicrosoft’s Outlook email service malfunctioned for several hours Wednesday and Thursday, prompting some people to post on social media about the inability to reach their virtual mailboxes.The issue began at 6:20 p.m. Eastern time on Wednesday, according to a dashboard the software company maintains. It affected Outlook.com as well as Outlook mobile apps and desktop programs. At 12:21 ET the Microsoft 365 Status account posted that it was rolling out a fix.”Our configuration changes have effectively resolved impact in targeted infrastructure. We’re now deploying the changes worldwide to resolve impact for all users,” Microsoft said in…