In this article MCD A view shows a McDonald’s restaurant in Saint Petersburg, Russia March 8, 2022. Anton Vaganov | Reuters McDonald’s said Monday that it would sell its business in Russia, a little more than two months after it paused operations in the country due to its invasion of Ukraine. “The humanitarian crisis caused
China still holds the cards for global supply chains, whether or not Covid lockdowns frustrate businesses in the near term. An employee works on the production line of the screens for 5G smartphones at a factory on May 13, 2022 in Ganzhou, Jiangxi Province of China. Zhu Haipeng | Visual China Group | Getty Images
Moyo Studio | E+ | Getty Images Many investors who pulled money out of the stock market in the last year now regret their decision. Some 38% of investors said they sold stocks last year due to a current event, according to a study from MagnifyMoney. Of that group, 40% said they wish they’d kept
A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely due to a major difference: Most owners aren’t using their homes like an ATM. “That caused so many people to go upside
A Fresh Momentum Pick and a Top Retail Pick Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company’s mission to become the largest and most profitable used car retailer in the world. Its stock price has marched this year as well, just in the wrong direction for investors. Within
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. Brendan Mcdermid | Reuters U.S. stock index futures were flat during overnight trading on Monday, following a volatile session that saw the S&P 500 and Nasdaq Composite continue their march lower. Futures contracts tied to
A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Amid swelling prices, most Americans see inflation as the biggest issue facing the country — far exceeding other concerns, according to a survey from Pew Research. Some 70% say inflation is “a
Blackcat | E+ | Getty Images Retirees on Medicare who are heading back to the workforce may discover they have choices when it comes to their health-care coverage. That is, depending on the size of your new employer, you might be able to pick up the company health plan and drop Medicare — and then
Russia-Ukraine war has sent food prices soaring (MOO, VEGI, DBA). Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Ben Rains explores the stock market around the halfway point of May after buyers stepped in at the end of last week to stop some of the recent bleeding. The episode then dives into three Zacks Rank #1 (Strong Buy) stocks to consider buying during the current market turmoil as Wall Street attempts to find
In this article JBLU SAVE LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways launched a hostile takeover bid of Spirit Airlines on Monday after that carrier turned down JetBlue’s $33 per share, all-cash offer earlier this month. Spirit rejected the offer to stick with
Bitcoin fell below the $26,000 level since December 2020. (Photo credit should read CFOTO/Future Publishing via Getty Images) CFOTO | Future Publishing via Getty Images Investors have been eager to find out what happened to the more than $3 billion in bitcoin bought up by crypto firm Terra to back its failed stablecoin. Now, they’ve
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is giving its top managers a new perk more common in the tech industry: the ability to take as much vacation time as they want. The investment bank told managing directors and partners last
Drakula & Co. | Moment | Getty Images When it comes to retirement planning, earlier is generally better, but several factors affect how much young women are saving, according to financial experts. For retirement planning purposes, the demographic termed “younger women” may include Gen Zers, millennials and some Gen Xers with 20 years or more
Xander Miller, 18, will graduate from Hastings High School in Hastings, Minnesota, this June, and he has big plans for his future. Rather than attend Minnesota State or get a liberal arts degree like his older brother, Miller is enrolled in Dakota County Technical College with a guaranteed job through Waste Management’s apprentice program. “I
In this article VOW3-DE As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American.” VW announced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV last
The persistent spread of Covid and resulting stay-home orders — primarily in Shanghai — forced factories to close or operate at limited capacity in April. Pictured here on May 12 is a refrigerator factory in Hefei, China, about a five hours’ drive from Shanghai. Xie Chen | Visual China Group | Getty Images BEIJING —
Steve Debenport | E+ | Getty Images When it comes to negotiating a job offer, if you don’t ask — you won’t receive. It turns out many don’t ask, according to a survey from Fidelity Investments. Some 58% of Americans accepted the initial offer at their current position without negotiating, the survey found. Yet negotiating
Laguna Niguel, California May 11, 2022- Firefighters battle a brush fire at Coronado Pointe in Laguna Niguel Wednesday. Wally Skalij | Los Angeles Times | Getty Images Raging New Mexico and California wildfires may offer an ominous outlook for a growing swath of America, and not just in the West. Wildfire risk is increasing, likely